Workhorse Group (MEX:WKHS) ROE % Adjusted to Book Value: -81.54% (As of Mar. 2026)


MEX:WKHS Workhorse Group Inc MEX:WKHS
33 GF Score
Price MXN44.70
GF Value MXN220.80
! 8 Warning Signs
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What is Workhorse Group ROE % Adjusted to Book Value?

Workhorse Group MEX:WKHS 33 ROE % Adjusted to Book Value is -81.54% as of Mar. 2026. GuruFocus rates MEX:WKHS with a GF Score™ of 33/100 and a GF Value™ of MXN220.80. The stock has 8 warning signs investors should review.

Workhorse Group's ROE % for the quarter that ended in Mar. 2026 was -229.95%. Workhorse Group's PB Ratio for the quarter that ended in Mar. 2026 was 2.82. Workhorse Group's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -81.54%.

Workhorse Group ROE % Adjusted to Book Value Related Terms

Workhorse Group ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Workhorse Group's ROE % Adjusted to Book 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.

Workhorse Group ROE % Adjusted to Book Value Chart

Workhorse Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -35.44 -32.21 -96.17 0.00 0.00

Workhorse Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 0.00 -203.36 -151.80 -137.58 -81.54

MEX:WKHS vs DCX, EVTV, FABC: ROE % Adjusted to Book Value Comparison

For the Auto Manufacturers subindustry, Workhorse Group's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book 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 ROE % Adjusted to Book Value vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Workhorse Group's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Workhorse Group's ROE % Adjusted to Book Value falls into.


MEX:WKHS
33GF Score
Workhorse Group Inc MEX:WKHS
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Workhorse Group ROE % Adjusted to Book Value Calculation

Workhorse Group's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=0.00% / 1.60
=0.00%

Workhorse Group's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-229.95% / 2.82
=-81.54%

* 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 ROE % Adjusted to Book Value of -81.54% mean?
Workhorse Group (MEX:WKHS) has a ROE % Adjusted to Book Value of -81.54% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Workhorse Group and its competitors.
Is Workhorse Group's ROE % Adjusted to Book Value too high?
Workhorse Group's current ROE % Adjusted to Book Value is -81.54%. 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 ROE % Adjusted to Book Value compare to DCX and EVTV?
Workhorse Group's ROE % Adjusted to Book Value of -81.54% 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 ROE % Adjusted to Book Value for a Vehicles & Parts company?
A good ROE % Adjusted to Book Value depends on the Vehicles & Parts industry context. However, ROE % Adjusted to Book 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Workhorse Group and its competitors. Workhorse Group's current ROE % Adjusted to Book Value is -81.54%. 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 ROE % Adjusted to Book Value of -81.54%. The stock's GF Value™ is MXN220.80, compared to a current price of MXN44.70 — trading 79.8% below its estimated fair value. The current ROE % Adjusted to Book Value is -81.54%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Workhorse Group (MEX:WKHS), the current ROE % Adjusted to Book Value is -81.54% as of Mar. 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 79.8% below its estimated GF Value™ of MXN220.80.

Key valuation signals for MEX:WKHS:

  • ROE % Adjusted to Book Value: -81.54%
  • GF Value™: MXN220.80 vs. price of MXN44.70 (79.8% 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

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN44.70
Price
MXN220.80
GF Value