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 Mar. 2026 was MXN127.5. Workhorse Group's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 10.5 Mil. Therefore, Workhorse Group's market cap for the quarter that ended in Mar. 2026 was MXN1,332.4 Mil.
Workhorse Group's quarterly market cap
increased
from Sep. 2025 (MXN438.3 Mil) to Dec. 2025 (MXN1,236.8 Mil) and
increased
from Dec. 2025 (MXN1,236.8 Mil) to Mar. 2026 (MXN1,332.4 Mil).
Workhorse Group's annual market cap
declined
from Dec. 2023 (MXN1,744.2 Mil) to Dec. 2024 (MXN696.0 Mil) but then
increased
from Dec. 2024 (MXN696.0 Mil) to Dec. 2025 (MXN1,236.8 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 MXN1,246.9 Mil.
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 companys 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
Workhorse Group Market Cap Historical Data
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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.
MEX:WKHS vs DCX, EVTV, FABC: Market Cap Comparison
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 Market Cap vs 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.
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. 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.
Workhorse Group (MEX:WKHS) has a Market Cap of MXN505.7 Mil as of Jul. 09, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Workhorse Group and its competitors. According to the industry distribution chart, Workhorse Group ranks #1093 out of 1344 companies in the Vehicles & Parts industry, placing it in the top 81.3%.
Is Workhorse Group's Market Cap too high?
Workhorse Group's current Market Cap is MXN505.7 Mil. Based on the distribution chart, Workhorse Group ranks #1093 out of 1344 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. 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 Market Cap compare to DCX and EVTV?
According to the Vehicles & Parts industry distribution chart, Workhorse Group ranks #1093 out of 1344 companies for Market Cap. This places Workhorse Group in the lower half of its industry. The industry median Market Cap is 260.84. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Vehicles & Parts company?
The median Market Cap among Vehicles & Parts companies is 260.84, based on 1,344 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Workhorse Group and its competitors. For the Vehicles & Parts industry, the median Market Cap is 260.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Workhorse Group's current Market Cap is MXN505.7 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 Market Cap of MXN505.7 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 Market Cap is MXN505.7 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Workhorse Group (MEX:WKHS), the current Market Cap is MXN505.7 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:
Market Cap: MXN505.7 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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