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Workhorse Group (MEX:WKHS) Market Cap : MXN136.2 Mil (As of Mar. 28, 2025)


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What is Workhorse Group Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Workhorse Group's share price for the quarter that ended in Sep. 2024 was MXN202.5. Workhorse Group's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 2.5 Mil. Therefore, Workhorse Group's market cap for the quarter that ended in Sep. 2024 was MXN516.2 Mil.

Workhorse Group's quarterly market cap declined from Mar. 2024 (MXN1,422.2 Mil) to Jun. 2024 (MXN1,347.9 Mil) and declined from Jun. 2024 (MXN1,347.9 Mil) to Sep. 2024 (MXN516.2 Mil).

Workhorse Group's annual market cap declined from Dec. 2021 (MXN14,440.0 Mil) to Dec. 2022 (MXN5,296.0 Mil) and declined from Dec. 2022 (MXN5,296.0 Mil) to Dec. 2023 (MXN1,750.3 Mil).

Enterprise Value is 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 and cash equivalents. Workhorse Group's Enterprise Value for Today is MXN492.7 Mil.


Workhorse Group Market Cap Historical Data

The historical data trend for Workhorse Group's Market Cap 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.

* Premium members only.

Workhorse Group Market Cap Chart

Workhorse Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 14,440.00 5,296.00 1,750.32

Workhorse Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,018.45 1,750.32 1,422.23 1,347.94 516.17

Competitive Comparison of Workhorse Group's Market Cap

For the Auto Manufacturers subindustry, Workhorse Group's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Workhorse Group's Market Cap distribution charts can be found below:

* The bar in red indicates where Workhorse Group's Market Cap falls into.


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Workhorse Group Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Workhorse Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=MXN1530*1.144
=MXN1,750.3

Workhorse Group's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=MXN202.5*2.549
=MXN516.2

* 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  (MEX:WKHS) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Workhorse Group Market Cap Related Terms

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Workhorse Group Business Description

Traded in Other Exchanges
Address
3600 Park 42 Drive, Suite 160E, Sharonville, OH, USA, 45241
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 delivery trucks and drone systems, 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.