Workhorse Group (MEX:WKHS) GF Value Rank: 2 (As of Jul. 30, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:WKHS Workhorse Group Inc MEX:WKHS
33 GF Score
Price MXN44.70
GF Value MXN177.64
! 8 Warning Signs
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What is Workhorse Group GF Value Rank?

Workhorse Group MEX:WKHS 33 GF Value Rank is 2 as of Jul. 30, 2026, which is at its 10-year median of 2.00. GuruFocus rates MEX:WKHS with a GF Score™ of 33/100 and a GF Value™ of MXN177.64. The stock has 8 warning signs investors should review.

Workhorse Group has the GF Value Rank of 2.

GF Value Rank evaluates the exclusive GuruFocus valuation and performance of a stock, rated on a scale from 1 to 10. It is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

A higher score indicates a stock with a relatively low valuation and substantial potential for outperformance. Conversely, a lower score often reflects stocks that are either highly overvalued or deeply undervalued, both of which tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Workhorse Group GF Value Rank Related Terms


MEX:WKHS vs FABC, FFAI, AIEV: GF Value Rank Comparison

For the Auto Manufacturers subindustry, Workhorse Group's GF Value Rank, along with its competitors' market caps and GF Value Rank 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 GF Value Rank vs Vehicles & Parts Industry

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

* The bar in red indicates where Workhorse Group's GF Value Rank falls into.


MEX:WKHS
33GF Score
Workhorse Group Inc MEX:WKHS
GF Value Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about GF Value Rank →
What does a GF Value Rank of 2 mean?
Workhorse Group (MEX:WKHS) has a GF Value Rank of 2 as of Jul. 30, 2026. GF Value Rank is given based on historical multiples along with past returns, growth and future estimates of the business' performance. View historical data on Workhorse Group and its competitors. This is near median its historical median of 2.00. Over the past decade, Workhorse Group's GF Value Rank has ranged from 2.00 to 9.00.
Is Workhorse Group's GF Value Rank too high?
Workhorse Group's current GF Value Rank of 2 is near median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 9.00. 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 GF Value Rank compare to FABC and FFAI?
Workhorse Group's GF Value Rank of 2 can be compared against companies in the Vehicles & Parts industry. Historically, Workhorse Group's own GF Value Rank has ranged from 2.00 to 9.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good GF Value Rank for a Vehicles & Parts company?
A good GF Value Rank depends on the Vehicles & Parts industry context. However, GF Value Rank 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 GF Value Rank mean?
A high GF Value Rank can signal that a stock is expensive relative to its fundamentals. GF Value Rank is given based on historical multiples along with past returns, growth and future estimates of the business' performance. View historical data on Workhorse Group and its competitors. Workhorse Group's current GF Value Rank is 2, which is near median its own 10-year median of 2.00. 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 GF Value Rank of 2. The stock's GF Value™ is MXN177.64, compared to a current price of MXN44.70 — trading 74.8% below its estimated fair value. The current GF Value Rank is 2, which is near median its 10-year median of 2.00. 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 GF Value Rank calculated?
GF Value Rank is calculated from a company's financial statements. For Workhorse Group (MEX:WKHS), the current GF Value Rank is 2 as of Jul. 30, 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 74.8% below its estimated GF Value™ of MXN177.64.

Key valuation signals for MEX:WKHS:

  • GF Value Rank: 2 (near median its 10-year median of 2.00)
  • GF Value™: MXN177.64 vs. price of MXN44.70 (74.8% below fair value)
  • GF Score™: 33/100 with 8 warning signs

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 Business Description

Other Exchanges WKHS:USA0A3U:UK1WO0:Germany
Address 48443 Alpha Drive, Suite 190, Wixom, MI, USA, 48393
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

Get the complete analysis for MEX:WKHS

GF Value Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN44.70
Price
MXN177.64
GF Value