WPRT : Westport Fuel Systems Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Westport Fuel Systems Inc trades with the ticker WPRT on the TSX and is in the Auto Parts industry.

Overview
Westport Fuel Systems Inc. engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications in Europe, the Americas, Asia, Africa, and internationally. The company operates through Original Equipment Manufacturer and Independent Aftermarket segments. It offers alternative fuel systems and components, which include a range of alternative fuels, such as liquefied petroleum gas, compressed natural gas, liquefied natural gas (LNG), renewable natural gas, and hydrogen; and engages in the light and heavy-duty original equipment manufacturers (OEMs) and delayed OEMs, electronics, and fuel storage activities. The company also provides Westport High Pressure Direct Injection 2.0, a fully integrated LNG fuel systems that enables diesel engines using primarily natural gas fuel to match the power, torque, and fuel economy benefits found in traditional compression ignition engines, which reduces greenhouse gas emissions. Its products and services are used for passenger cars; light-, medium-, and heavy-duty trucks, as well as off-road applications.; and cryogenics and hydrogen applications under the BRC Gas Equipment, Westport HPDI, OMVL, Prins, GFi Control systems, Emer, Zavoli, TA Gas Technology, Valtek, AFS, and STAKO brands. The company was formerly known as Westport Innovations Inc. and changed its name to Westport Fuel Systems Inc. in June 2016. Westport Fuel Systems Inc. was incorporated in 1995 and is headquartered in Vancouver, Canada.
 

Looking to invest in Westport Fuel Systems Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

WPRT.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $128.641MM

PE Ratio:

Price: 6.65 (Updated: 3/12/2024 0:47:16)



Westport Fuel Systems Inc (WPRT) vs Competitors in Auto Parts

Lets see how WPRT.TO stacks up against others in the Auto Parts asset management industry. We have identified its main peers as:

Linamar Corporation, Magna International Inc, Martinrea International Inc, Exco Technologies Limited, Magna International Inc

.

Auto Parts Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Linamar Corporation (LNR) $4,302.469 8.552 4.287 1.4%
Magna International Inc (MG) $21,098.994 12.926 8.122 3.5%
Martinrea International Inc (MRE) $918.943 6.093 3.279 1.7%
Westport Fuel Systems Inc (WPRT) $128.641 N/A -4.298 N/A%
Exco Technologies Limited (XTC) $285.63 10.352 5.063 5.7%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Auto Parts

  • Westport Fuel Systems Inc (WPRT) vs Linamar Corporation (LNR)
    • LNR has higher EPS (8.17 vs -4.05). LNR provides dividends, while WPRT does not. WPRT has a P/E under 0, indicating LNR (P/E 8.552) is in a better position.
  • Westport Fuel Systems Inc (WPRT) vs Magna International Inc (MG)
    • MG has higher EPS (5.69 vs -4.05). MG provides dividends, while WPRT does not. WPRT has a P/E under 0, indicating MG (P/E 12.926) is in a better position.
  • Westport Fuel Systems Inc (WPRT) vs Martinrea International Inc (MRE)
    • MRE has higher EPS (1.93 vs -4.05). MRE provides dividends, while WPRT does not. WPRT has a P/E under 0, indicating MRE (P/E 6.093) is in a better position.
  • Westport Fuel Systems Inc (WPRT) vs Exco Technologies Limited (XTC)
    • XTC has higher EPS (0.71 vs -4.05). XTC provides dividends, while WPRT does not. WPRT has a P/E under 0, indicating XTC (P/E 10.352) is in a better position.
  • Westport Fuel Systems Inc (WPRT) vs Magna International Inc (MG)
    • MG has higher EPS (5.69 vs -4.05). MG provides dividends, while WPRT does not. WPRT has a P/E under 0, indicating MG (P/E 12.926) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (-4.30) than the industry average (1.35), indicating attractive valuation.
 

How to Buy WPRT stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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