Worksport Ltd. (WKSP) Fair Value 2026

WKSP · Auto Parts ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

6.0 /10

32 fundamental signals · 2 models active

Value Trap Risk

LOW (39/100)

Quick Summary — As of 2026-08-28, Worksport Ltd. (WKSP) trades at $0.57, versus a $1.41 median fair value across its 2 active models — 144.8% above the current price. QOC: 6.0/10. Value Trap Risk: 39/100 (LOW). 2/13 models active.

Key Facts

Ticker
WKSP
Price
$0.57
Quality Score
6.0/10
Value Trap Risk
39/100
Models Active
2/13
Last Updated
Strength: PWERM suggests +177.5% upside with 33% confidence
Risk: Limited model coverage (2/13) may reduce confidence

Is Worksport Ltd. (WKSP) Undervalued or Overvalued in 2026?

According to CirclFi’s 2-model valuation engine, Worksport Ltd. (WKSP) appears undervalued as of : the median of 2 independent fair value estimates is $1.41, 144.8% above the current price of $0.57. Estimates range from $1.22 to $1.60. WKSP scores 6.0/10 on fundamental quality and 39/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.4% versus its own 13-model consensus, across 3,809 rated companies as of 2026-08-28. WKSP’s +144.8% gap is wider than that market norm, and the Auto Parts sector median is -9.2%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Worksport Ltd. Stock in 2026? →

What Fair Value Does Each Model Give WKSP?

2 Intrinsic Value Models vs. Current Price ($0.57)

Core Models (Unlocked)
Model Fair Value Upside
Asset-Based · High Conviction
 $1.22 +112.2%
Option-Based · Medium Conviction
 $1.60 +177.5%

All Models Active

All 2 models are displayed above.

What Is Worksport Ltd. (WKSP) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Worksport Ltd.'s intrinsic value is estimated at a median fair value of $1.41. At a current market price of $0.58, 2 of 2 active valuation models identify upside potential, projecting a median implied return of +144.8%. Notably, PWERM sees the most upside at +177.5% (fair value: $1.60), while Dynamic NAV is the most conservative at +112.2% ($1.22). The spread between these extremes — +65.3% — reveals how different analytical frameworks can reach starkly different conclusions.

What Do the Models Say About WKSP?

2 of 13 models are currently active for WKSP. All 2 active models suggest the stock trades below fair value. Taken together, their median fair value for WKSP is $1.41 — the figure CirclFi publishes as this stock's fair value. See which stocks rank higher →

How Does WKSP Rank in Auto Parts?

Among 57 Auto Parts stocks, WKSP ranks #43 by Quality of Company score. CirclFi's QOC score of 6.0/10 evaluates 32 fundamental signals. A score of 6.0 reflects mixed fundamentals.

See all Most Undervalued Auto Parts Stocks →

Within the Auto Parts space, Worksport Ltd. competes in an environment where fleet electrification pace often separates market leaders from laggards. Understanding these industry-specific dynamics is essential context for interpreting our model outputs.

Is WKSP a Value Trap?

CirclFi's Value Trap algorithm assigns WKSP a score of 39/100 (LOW). This indicates low risk. The financial profile does not exhibit typical value trap warning signs. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

2 of 13 models are active for Worksport Ltd.. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, Worksport Ltd. is rated at 6.0/10. This solid-tier score maintains reasonable quality metrics with some areas for improvement.

The gap between the most bullish and bearish model spans +65.3% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every WKSP valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across WKSP's 2 active models, average confidence is 43%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Worksport Ltd. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Auto Parts Stocks Should You Also Analyze?

11 related Auto Parts stocks with 13-model coverage

OMTKOmnitek Engineering Corp.QOC 6.1HYLNHyliion Holdings Corp.QOC 6.0SYPRSypris Solutions, Inc.QOC 6.2PRTSCarParts.com, Inc.QOC 6.0SCTHSecureTech Innovations, Inc.QOC 6.3GTThe Goodyear Tire & Rubber CompanyQOC 5.9FRSXForesight Autonomous Holdings Ltd.QOC 2.3MODModine Manufacturing CompanyQOC 8.3MVSTMicrovast Holdings, Inc.QOC 7.6ALSNAllison Transmission Holdings, Inc.QOC 9.1ALVAutoliv, Inc.QOC 9.0

Read investment analysis: OMTK · HYLN · SYPR · PRTS · SCTH · GT · FRSX · MOD · MVST · ALSN · ALV

Which Other Stocks Have a Similar Quality Score to WKSP?

7 companies across all industries closest to WKSP’s Quality of Company score of 6.0/10.

REFRResearch Frontiers IncorporatedQOC 6.0SBDSSolo Brands, Inc.QOC 6.0ASPIASP Isotopes Inc.QOC 6.0SDCHSideChannel, Inc.QOC 6.0FGPRFerrellgas Partners, L.P.QOC 6.0OPALOPAL Fuels Inc.QOC 6.0NVDANVIDIA CorporationQOC 10.0

Read investment analysis: REFR · SBDS · ASPI · SDCH · FGPR · OPAL · NVDA

Where Does WKSP Sit in CirclFi's Auto Parts Rankings?

WKSP is ranked against every other Auto Parts stock CirclFi covers in each of these screens.

See all Auto Parts stocks ranked →

What Else Do Investors Ask About Worksport Ltd.’s Valuation?

What is Worksport Ltd.'s intrinsic value in 2026?

CirclFi puts Worksport Ltd. (WKSP)'s intrinsic value at $1.41 — the median of 2 independent model estimates as of 2026-08-28, ranging from $1.22 to $1.60. The Quality of Company score is 6.0/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is WKSP overvalued or undervalued right now?

At $0.57, 2 of 2 active models suggest WKSP may be undervalued, while 0 indicate potential overvaluation. The median of all 2 fair value estimates is $1.41, 144.8% above the current price of $0.57 — a consensus view that WKSP is undervalued. The assessment depends on which methodology best fits Worksport Ltd.'s business model in Auto Parts.

What does a Quality of Company score of 6.0 mean for WKSP?

Worksport Ltd.'s QOC of 6.0/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on WKSP?

CirclFi analyzes WKSP with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 2 of 13 are active for this stock. Read the full methodology →

Is WKSP a value trap in 2026?

Worksport Ltd.'s Value Trap score is 39/100 (LOW). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap. Browse stocks by value-trap risk →

Cite this analysis — “According to CirclFi’s 2-model valuation engine, Worksport Ltd. (WKSP) has a median fair value of $1.41 — 144.8% above the current price of $0.57 — as of 2026-08-28.” Source: circlfi.com/stock/WKSP/ · Methodology
Primary sources for this WKSP valuation
  • Financial statements: Worksport Ltd. 10-K and 10-Q filings on SEC EDGAR (CIK 0001096275) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for WKSP as of ; valuations recomputed .