Financial Survey: MetaWorks Platforms (MWRK) and Its Competitors

MetaWorks Platforms (OTCMKTS:MWRK – Get Free Report) is one of the 179 publicly traded companies in the "Business services, not elsewhere classified" sector. This analysis will explore how MetaWorks Platforms compares to its rivals in the industry based on factors such as valuation, profitability, institutional ownership, risk, earnings, analyst recommendations, and dividends.

Analyst Recommendations

A summary of the latest ratings and target prices for MetaWorks Platforms along with its competitors is available from MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
MetaWorks Platforms	0	1	0	0	2.00
Competitors	899	5725	11700	310	2.61

Collectively, firms in the "Business services, not elsewhere classified" space show a potential upside of 13.12%. The stronger consensus rating and higher expected upside of MetaWorks' competitors suggest that analysts view MetaWorks as less favorable in terms of growth potential.

Valuation and Earnings

The following table compares the revenue, earnings per share (EPS), and overall valuation of MetaWorks Platforms to its competitors.

	Gross Revenue	Net Income	Price/Earnings Ratio
MetaWorks Platforms	$410,000.00	-$5.65 million	-0.19
Competitors	$28.41 billion	$484.56 million	24.73

The competitors boast significantly higher revenue and net earnings than MetaWorks. Moreover, the price-to-earnings ratio for MetaWorks is lower than that of its competitors, indicating it may offer a more attractive price point in the market.

Profitability

The profitability comparison between MetaWorks Platforms and its competitors highlights the following metrics.

	Net Margins	Return on Equity	Return on Assets
MetaWorks Platforms	N/A	-249.65%	-157.91%
Competitors	-24.59%	-164.97%	-16.04%

Volatility and Risk

MetaWorks Platforms exhibits a beta of 1.1, suggesting its stock price is 10% more volatile than the S&P 500 index. In contrast, the average beta for its competitors is 1.47, indicating that their stock prices are on average 47% more volatile than the S&P 500.

Institutional and Insider Ownership

Currently, institutional investors own 16.1% of MetaWorks Platforms, while 57% of shares of companies in the same sector are held by institutional investors. Additionally, insider ownership represents 16.6% among competitors. Significant institutional ownership often indicates confidence in a company’s future market performance.

Summary

In the comparison of 12 factors, MetaWorks Platforms falls behind its competitors on 11 of these metrics.

Company Profile of MetaWorks Platforms

MetaWorks Platforms, Inc. specializes in providing a platform for blockchain and Web3 development. The company offers a comprehensive set of services for businesses seeking to integrate blockchain and cryptocurrency technologies into their operations. These services include business development, technical project management, customer development, business launch assistance, and ongoing support. Initially known as CurrencyWorks Inc., it rebranded to MetaWorks Platforms, Inc. in August 2022 and was incorporated in 2010, with headquarters in Fairfield, California.

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