Head-To-Head Contrast: MetaWorks Platforms (MWRK) and The Competition

MetaWorks Platforms (OTCMKTS:MWRK) is one of 179 public companies in the “Business services, not elsewhere classified” industry, but how does it compare to its peers? We will compare MetaWorks Platforms to similar businesses based on the strength of its institutional ownership, risk, earnings, valuation, dividends, analyst recommendations and profitability.

Volatility & Risk

MetaWorks Platforms has a beta of 1.1, suggesting that its share price is 10% more volatile than the S&P 500. Comparatively, MetaWorks Platforms’ peers have a beta of 1.49, suggesting that their average share price is 49% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current ratings for MetaWorks Platforms and its peers, as reported 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	896	5771	11793	311	2.61

As a group, “Business services, not elsewhere classified” companies have a potential upside of 5.99%. Given MetaWorks Platforms’ peers stronger consensus rating and higher probable upside, analysts clearly believe MetaWorks Platforms has less favorable growth aspects than its peers.

Institutional & Insider Ownership

16.1% of MetaWorks Platforms shares are owned by institutional investors. Comparatively, 57.8% of shares of all “Business services, not elsewhere classified” companies are owned by institutional investors. 17.1% of shares of all “Business services, not elsewhere classified” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares MetaWorks Platforms and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
MetaWorks Platforms	$410,000.00	-$5.65 million	-0.20
MetaWorks Platforms Competitors	$28.52 billion	$476.28 million	20.50

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

Profitability

This table compares MetaWorks Platforms and its peers’ 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	-23.61%	-163.64%	-15.41%

Summary

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

About MetaWorks Platforms

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.