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Workhorse GroupWKHS 41 EV-to-OCF is -1.84 as of Sep. 09, 2026. GuruFocus rates WKHS with a GF Score™ of 41/100 and a GF Value™ of $3.78 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,334 Vehicles & Parts companies, Workhorse Group ranks better than 83.96% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Workhorse Group's Enterprise Value is $100.16 Mil.
Workhorse Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $-54.43 Mil. Therefore, Workhorse Group's EV-to-OCF for today is -1.84.
The historical rank and industry rank for Workhorse Group's EV-to-OCF or its related term are showing as below:
WKHS'
s EV-to-OCF Range Over the Past 10 Years
Min: -88.84 Med: -3.26 Max: -0.23
Current: -1.84
During the past 13 years, the highest EV-to-OCF of Workhorse Group was -0.23. The lowest was -88.84. And the median was -3.26.
WKHS's EV-to-OCF is ranked better than 83.96% of 1334
companies
in the Vehicles & Parts industry
Industry Median: 8.355
vs WKHS: -1.84
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Workhorse Group's PE Ratio (TTM) for today is calculated as:
Workhorse Group's share price for today is $3.08.
Workhorse Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.810.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Workhorse Group EV-to-OCF Related Terms
Workhorse Group EV-to-OCF Historical Data
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The historical data trend for Workhorse Group's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Auto Manufacturers subindustry, Workhorse Group's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Workhorse Group EV-to-OCF vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Workhorse Group's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Workhorse Group's EV-to-OCF falls into.
Workhorse Group's current Enterprise Value is $100.16 Mil.
Workhorse Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-54.43 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Workhorse Group (WKHS) has a EV-to-OCF of -1.84 as of Sep. 09, 2026. According to the industry distribution chart, Workhorse Group ranks #214 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 16%.
Is Workhorse Group's EV-to-OCF too high?
Workhorse Group's current EV-to-OCF is -1.84. Based on the distribution chart, Workhorse Group ranks #214 out of 1334 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Workhorse Group has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Workhorse Group's EV-to-OCF compare to AIEV and GGR?
According to the Vehicles & Parts industry distribution chart, Workhorse Group ranks #214 out of 1334 companies for EV-to-OCF. This places Workhorse Group in the top 16% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 8.36. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Vehicles & Parts company?
The median EV-to-OCF among Vehicles & Parts companies is 8.36, based on 1,334 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median EV-to-OCF is 8.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Workhorse Group's current EV-to-OCF is -1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Workhorse Group stock overvalued right now?
Based on GuruFocus' analysis, Workhorse Group (WKHS) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.78, compared to a current price of $3.08 — trading 18.5% below its estimated fair value. The current EV-to-OCF is -1.84. Workhorse Group's overall GF Score™ is 41/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Workhorse Group (WKHS), the current EV-to-OCF is -1.84 as of Sep. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Workhorse Group (WKHS) Overvalued in 2026?
Based on GuruFocus' analysis, Workhorse Group stock appears to be undervalued.
The current stock price of $3.08 is trading 18.5% below its estimated GF Value™ of $3.78.
GuruFocus considers Workhorse Group to be Modestly Undervalued.
Key valuation signals for WKHS:
EV-to-OCF: -1.84
GF Value™: $3.78 vs. price of $3.08 (18.5% below fair value)
No single metric tells the full story. See the WKHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Workhorse Group Inc is a technology company with a vision to pioneer the transition to zero-emission commercial vehicles. Its focus is to provide sustainable and cost-effective solutions to the commercial transportation sector. It designs and manufactures all-electric vehicles, including the technology that optimizes the way these vehicles operate. It's focused on a core competency of bringing electric delivery vehicle platforms to serve the last-mile delivery market. Its products are marketed under the Workhorse brand.
41GF Score
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