Analyzing MetaWorks Platforms (MWRK) & Its Rivals

MetaWorks Platforms (OTCMKTS:MWRK) is one of 192 publicly-traded companies in the “Business services, not elsewhere classified” industry, but how does it compare to its competitors? We will compare MetaWorks Platforms to related companies based on the strength of its risk, profitability, valuation, analyst recommendations, dividends, institutional ownership and earnings.

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
MetaWorks Platforms	$410,000.00	-$5.65 million	-0.18
MetaWorks Platforms Competitors	$4.19 billion	$453.55 million	-4.82

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

Insider and Institutional Ownership

16.1% of MetaWorks Platforms shares are held by institutional investors. Comparatively, 57.6% of shares of all “Business services, not elsewhere classified” companies are held by institutional investors. 16.7% of shares of all “Business services, not elsewhere classified” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Profitability

This table compares MetaWorks Platforms and its competitors’ 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	-15.28%	-155.98%	-4.99%

Volatility & Risk

MetaWorks Platforms has a beta of 1.22, indicating that its share price is 22% more volatile than the S&P 500. Comparatively, MetaWorks Platforms’ competitors have a beta of 1.27, indicating that their average share price is 27% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of current recommendations for MetaWorks Platforms and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
MetaWorks Platforms	0	1	0	0	2.00
MetaWorks Platforms Competitors	909	5955	12226	317	2.62

As a group, “Business services, not elsewhere classified” companies have a potential upside of 9.35%. Given MetaWorks Platforms’ competitors stronger consensus rating and higher possible upside, analysts clearly believe MetaWorks Platforms has less favorable growth aspects than its competitors.

Summary

MetaWorks Platforms competitors beat MetaWorks Platforms on 11 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.