Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Workhorse Group's Enterprise Value is MXN1,246.9 Mil.
Workhorse Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-949.2 Mil. Therefore, Workhorse Group's EV-to-EBIT ratio for today is -1.31.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Workhorse Group's Enterprise Value is MXN1,246.9 Mil.
Workhorse Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-812.3 Mil. Therefore, Workhorse Group's EV-to-EBITDA ratio for today is -1.54.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Workhorse Group's Enterprise Value is MXN1,246.9 Mil.
Workhorse Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was MXN453.9 Mil. Therefore, Workhorse Group's EV-to-Revenue ratio for today is 2.75.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Workhorse Group's Enterprise Value is MXN1,246.9 Mil.
Workhorse Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-720.4 Mil. Therefore, Workhorse Group's EV-to-FCF ratio for today is -1.73.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Workhorse Group (MEX:WKHS) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Workhorse Group's current Enterprise Value is MXN1,246.9 Mil.
Workhorse Group's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-949.2 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Workhorse Group's current Enterprise Value is MXN1,246.9 Mil.
Workhorse Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-812.3 Mil.
Workhorse Group's current Enterprise Value is MXN1,246.9 Mil.
Workhorse Group's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN453.9 Mil.
Workhorse Group's current Enterprise Value is MXN1,246.9 Mil.
Workhorse Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-718.1 Mil.
Workhorse Group's current Enterprise Value is MXN1,246.9 Mil.
Workhorse Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-720.4 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 Enterprise Value Related Terms
Workhorse Group Enterprise Value Historical Data
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The historical data trend for Workhorse Group's Enterprise Value 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.
MEX:WKHS vs DCX, EVTV, FABC: Enterprise Value Comparison
For the Auto Manufacturers subindustry, Workhorse Group's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Workhorse Group's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Workhorse Group's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Workhorse Group's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
What does a Enterprise Value of MXN1,246.9 Mil mean?
Workhorse Group (MEX:WKHS) has a Enterprise Value of MXN1,246.9 Mil as of Jul. 09, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Workhorse Group and its competitors.
Is Workhorse Group's Enterprise Value too high?
Workhorse Group's current Enterprise Value is MXN1,246.9 Mil. Overall, Workhorse Group has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Workhorse Group's Enterprise Value compare to DCX and EVTV?
Workhorse Group's Enterprise Value of MXN1,246.9 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Vehicles & Parts company?
A good Enterprise Value depends on the Vehicles & Parts industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Workhorse Group and its competitors. Workhorse Group's current Enterprise Value is MXN1,246.9 Mil. 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?
Workhorse Group (MEX:WKHS) has a current Enterprise Value of MXN1,246.9 Mil. The stock's GF Value™ is MXN216.57, compared to a current price of MXN44.70 — trading 79.4% below its estimated fair value. The current Enterprise Value is MXN1,246.9 Mil. Workhorse Group's overall GF Score™ is 33/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Workhorse Group (MEX:WKHS), the current Enterprise Value is MXN1,246.9 Mil as of Jul. 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 (MEX:WKHS) Overvalued in 2026?
Based on GuruFocus' analysis, Workhorse Group stock appears to be undervalued.
The current stock price of MXN44.70 is trading 79.4% below its estimated GF Value™ of MXN216.57.
Key valuation signals for MEX:WKHS:
Enterprise Value: MXN1,246.9 Mil
GF Value™: MXN216.57 vs. price of MXN44.70 (79.4% below fair value)
No single metric tells the full story. See the MEX: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.
33GF Score
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