Critical Analysis: Uni-Select (OTCMKTS:UNIEF) & Worksport (NASDAQ:WKSP)

Uni-Select (OTCMKTS:UNIEF) and Worksport (NASDAQ:WKSP) are both consumer discretionary companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, dividends, profitability, earnings, analyst recommendations, institutional ownership and valuation.

Valuation and Earnings

This table compares Uni-Select and Worksport”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Uni-Select	N/A	N/A	N/A	$2.20	16.33
Worksport	$16.10 million	0.66	-$19.35 million	($2.34)	-0.30

Uni-Select has higher earnings, but lower revenue than Worksport. Worksport is trading at a lower price-to-earnings ratio than Uni-Select, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a summary of recent ratings and price targets for Uni-Select and Worksport, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Uni-Select	0	0	0	0	0.00
Worksport	1	0	2	0	2.33

Worksport has a consensus target price of $6.75, suggesting a potential upside of 867.33%. Given Worksport’s stronger consensus rating and higher probable upside, analysts plainly believe Worksport is more favorable than Uni-Select.

Insider & Institutional Ownership

73.0% of Uni-Select shares are owned by institutional investors. Comparatively, 16.1% of Worksport shares are owned by institutional investors. 5.8% of Worksport shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Uni-Select and Worksport’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Uni-Select	N/A	N/A	N/A
Worksport	-114.49%	-102.57%	-73.69%

Summary

Uni-Select beats Worksport on 6 of the 11 factors compared between the two stocks.

About Uni-Select

Uni-Select Inc., together with its subsidiaries, distributes automotive refinish, and industrial coatings and related products in North America. It operates through FinishMaster U.S., Canadian Automotive Group, and GSF Car Parts U.K. segments. The company engages in the distribution of automotive aftermarket parts in Canada; and distribution of automotive original equipment manufacturer and aftermarket parts in the United Kingdom. It operates distribution centers and corporate stores under the BUMPER TO BUMPER, AUTO PARTS PLUS, and FINISHMASTER names. Uni-Select Inc. was founded in 1968 and is headquartered in Boucherville, Canada.

About Worksport

Worksport Ltd., through its subsidiary, designs and distributes truck tonneau covers in Canada and the United States. The company offers soft tonneau covers, such as vinyl wrapped tri- and quad-fold tonneau covers; and hard tonneau covers, including tri- and quad-fold aluminum covers. It also offers energy products, such as Worksport SOLIS, a tonneau cover with integrated solar panels; and Worksport COR energy storage system, a modular, portable power station. It serves its products to automotive accessories, consumer electronics, and residential and commercial HVAC system markets. The company also sells its products through wholesalers, private labels, distributors, and online retail channels, including eBay, Amazon, Walmart, and e-commerce platform hosted on Shopify. Worksport Ltd. is based in West Seneca, New York.