Head-To-Head Survey: PHINIA (NYSE:PHIN) versus Worksport (NASDAQ:WKSP)

Worksport (NASDAQ:WKSP) and PHINIA (NYSE:PHIN) are both small-cap retail/wholesale companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, dividends, risk, institutional ownership, earnings, profitability and analyst recommendations.

Valuation and Earnings

This table compares Worksport and PHINIA”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Worksport	$8.48 million	1.85	-$14.93 million	($6.60)	-0.48
PHINIA	$3.34 billion	0.52	$79.00 million	$1.76	24.69

PHINIA has higher revenue and earnings than Worksport. Worksport is trading at a lower price-to-earnings ratio than PHINIA, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Worksport and PHINIA’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Worksport	-242.68%	-85.53%	-58.92%
PHINIA	2.32%	10.12%	4.45%

Risk and Volatility

Worksport has a beta of 2.01, indicating that its stock price is 101% more volatile than the S&P 500. Comparatively, PHINIA has a beta of 1.59, indicating that its stock price is 59% more volatile than the S&P 500.

Institutional & Insider Ownership

16.1% of Worksport shares are held by institutional investors. Comparatively, 90.9% of PHINIA shares are held by institutional investors. 9.4% of Worksport shares are held by company insiders. Comparatively, 2.0% of PHINIA shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current recommendations for Worksport and PHINIA, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Worksport	0	0	2	0	3.00
PHINIA	0	3	3	1	2.71

Worksport currently has a consensus price target of $16.33, suggesting a potential upside of 413.63%. PHINIA has a consensus price target of $51.50, suggesting a potential upside of 18.50%. Given Worksport’s stronger consensus rating and higher probable upside, analysts plainly believe Worksport is more favorable than PHINIA.

Summary

PHINIA beats Worksport on 10 of the 15 factors compared between the two stocks.

About Worksport

Worksport Ltd., through its subsidiary, designs and distributes truck tonneau covers in Canada and the United States. The company offers soft tonneau covers, such as vinyl wrapped tri- and quad-fold tonneau covers; and hard tonneau covers, including tri- and quad-fold aluminum covers. It also offers energy products, such as Worksport SOLIS, a tonneau cover with integrated solar panels; and Worksport COR energy storage system, a modular, portable power station. It serves its products to automotive accessories, consumer electronics, and residential and commercial HVAC system markets. The company also sells its products through wholesalers, private labels, distributors, and online retail channels, including eBay, Amazon, Walmart, and e-commerce platform hosted on Shopify. Worksport Ltd. is based in West Seneca, New York.

About PHINIA

PHINIA Inc. engages in the development, design, and manufacture of integrated components and systems that optimize performance, increase efficiency, and reduce emissions in combustion and hybrid propulsion for commercial and light vehicles, and industrial applications. The company operates through Fuel Systems and Aftermarket segments. The Fuel Systems segment provides advanced fuel injection systems, including pumps, injectors, fuel rail assemblies, and engine control modules; fuel delivery modules; canisters; sensors; and electronic control modules. The segment also offers complete systems comprising associated software and calibration services, that reduce emissions and improve fuel economy for traditional and hybrid applications. The Aftermarket segment is involved in the sale of starters, alternators, and other new and remanufactured products, as well as maintenance, test equipment, and vehicle diagnostics solutions. It servs original equipment manufacturers of passenger cars, trucks, vans, sport-utility vehicles, medium-duty and heavy-duty trucks, and buses, as well as other off-highway construction, marine, and agricultural and industrial applications. PHINIA Inc. was incorporated in 2023 and is based in Auburn Hills, Michigan.