Westport Fuel Systems Stock Net Income

WPRT Stock  USD 4.32  0.13  2.92%   
Westport Fuel Systems fundamentals help investors to digest information that contributes to Westport Fuel's financial success or failures. It also enables traders to predict the movement of Westport Stock. The fundamental analysis module provides a way to measure Westport Fuel's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Westport Fuel stock.
Last ReportedProjected for Next Year
Net Loss-50.6 M-53.2 M
Net Loss-52.7 M-50 M
Net Loss-29.4 M-30.9 M
Net Loss(2.90)(3.04)
Net Income Per E B T 1.02  0.86 
Net Loss is likely to drop to about (53.2 M) in 2024. Net Loss is likely to gain to about (50 M) in 2024.
  
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Westport Fuel Systems Company Net Income Analysis

Westport Fuel's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Westport Fuel Net Income

    
  (50.63 M)  
Most of Westport Fuel's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Westport Fuel Systems is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Westport Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Westport Fuel is extremely important. It helps to project a fair market value of Westport Stock properly, considering its historical fundamentals such as Net Income. Since Westport Fuel's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Westport Fuel's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Westport Fuel's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Westport Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(20.11 Million)

At this time, Westport Fuel's Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, Westport Fuel Systems reported net income of (50.63 Million). This is 109.91% lower than that of the Machinery sector and 123.9% lower than that of the Industrials industry. The net income for all United States stocks is 108.87% higher than that of the company.

Westport Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westport Fuel's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Westport Fuel could also be used in its relative valuation, which is a method of valuing Westport Fuel by comparing valuation metrics of similar companies.
Westport Fuel is currently under evaluation in net income category among its peers.

Westport Fuel Current Valuation Drivers

We derive many important indicators used in calculating different scores of Westport Fuel from analyzing Westport Fuel's financial statements. These drivers represent accounts that assess Westport Fuel's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Westport Fuel's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap318.1M730.7M379.8M113.7M102.3M97.2M
Enterprise Value340.8M779.8M352.8M141.8M127.6M121.2M

Westport Fuel ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Westport Fuel's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Westport Fuel's managers, analysts, and investors.
Environmental
Governance
Social

Westport Fuel Institutional Holders

Institutional Holdings refers to the ownership stake in Westport Fuel that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Westport Fuel's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Westport Fuel's value.
Shares
Bell Investment Advisors, Inc2024-06-30
K
Wells Fargo & Co2024-06-30
2.6 K
Bank Of America Corp2024-06-30
2.4 K
Pnc Financial Services Group Inc2024-09-30
K
Federation Des Caisses Desjardins Du Quebec2024-06-30
1.9 K
Swan Capital Llc2024-06-30
1000
Blackrock Inc2024-06-30
724
Td Waterhouse Canada Inc2024-06-30
597
Advisor Group Holdings, Inc.2024-06-30
429
Grace & White Inc2024-09-30
744.2 K
Baird Financial Group, Inc.2024-06-30
623.3 K

Westport Fundamentals

About Westport Fuel Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Westport Fuel Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westport Fuel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westport Fuel Systems based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Westport Stock Analysis

When running Westport Fuel's price analysis, check to measure Westport Fuel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westport Fuel is operating at the current time. Most of Westport Fuel's value examination focuses on studying past and present price action to predict the probability of Westport Fuel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westport Fuel's price. Additionally, you may evaluate how the addition of Westport Fuel to your portfolios can decrease your overall portfolio volatility.