Financial Comparison: MetaWorks Platforms (MWRK) & Its Competitors

MetaWorks Platforms (OTCMKTS:MWRK) is one of 180 publicly-traded companies in the “Business services, not elsewhere classified” industry, but how does it compare to its rivals? We will compare MetaWorks Platforms to similar companies based on the strength of its earnings, institutional ownership, risk, dividends, profitability, analyst recommendations and valuation.

Volatility and Risk

MetaWorks Platforms has a beta of 1.1, suggesting that its stock price is 10% more volatile than the S&P 500. Comparatively, MetaWorks Platforms’ rivals have a beta of 1.48, suggesting that their average stock price is 48% more volatile than the S&P 500.

Valuation and Earnings

This table compares MetaWorks Platforms and its rivals gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
MetaWorks Platforms	$410,000.00	-$5.65 million	-0.20
MetaWorks Platforms Competitors	$26.13 billion	$484.17 million	20.53

MetaWorks Platforms’ rivals have higher revenue and earnings than MetaWorks Platforms. MetaWorks Platforms is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares MetaWorks Platforms and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
MetaWorks Platforms	N/A	-249.65%	-157.91%
MetaWorks Platforms Competitors	-24.03%	-163.93%	-15.60%

Analyst Recommendations

This is a breakdown of recent ratings and price targets for MetaWorks Platforms and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
MetaWorks Platforms	0	1	0	0	2.00
MetaWorks Platforms Competitors	898	5760	11772	311	2.61

As a group, “Business services, not elsewhere classified” companies have a potential upside of 5.62%. Given MetaWorks Platforms’ rivals stronger consensus rating and higher possible upside, analysts clearly believe MetaWorks Platforms has less favorable growth aspects than its rivals.

Insider & Institutional Ownership

16.1% of MetaWorks Platforms shares are owned by institutional investors. Comparatively, 57.3% of shares of all “Business services, not elsewhere classified” companies are owned by institutional investors. 16.5% of shares of all “Business services, not elsewhere classified” companies are owned by 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.

Summary

MetaWorks Platforms rivals beat MetaWorks Platforms on 12 of the 13 factors compared.

MetaWorks Platforms Company Profile

MetaWorks Platforms, Inc. provides blockchain and Web3 development platform. It offers turnkey set of services for companies to develop and integrate blockchain and cryptocurrency technologies into their business operations. The company provides business development and technical services; blockchain and technology program management services; customer development services; business launch services; and post-business launch support services. The company was formerly known as CurrencyWorks Inc. and changed its name to MetaWorks Platforms, Inc. in August 2022. MetaWorks Platforms, Inc. was incorporated in 2010 and is based in Fairfield, California.