Compare · MGA vs WKSP
MGA vs WKSP
Side-by-side comparison of Magna International Inc. (MGA) and Worksport Ltd. (WKSP): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both MGA and WKSP operate in Auto Parts:O.E.M. (Consumer Discretionary), so they compete in similar markets.
- MGA is the larger of the two at $17.63B, about 2350.0x WKSP ($7.5M).
- Over the past year, MGA is up 47.2% and WKSP is down 89.4% - MGA leads by 136.6 points.
- WKSP has been more active in the news (5 items in the past 4 weeks vs 1 for MGA).
- MGA has more recent analyst coverage (25 ratings vs 1 for WKSP).
- Company
- Magna International Inc.
- Worksport Ltd.
- Price
- $65.99-0.60%
- $0.36-7.92%
- Market cap
- $17.63B
- $7.5M
- 1M return
- +1.79%
- -19.29%
- 1Y return
- +47.18%
- -89.43%
- Industry
- Auto Parts:O.E.M.
- Auto Parts:O.E.M.
- Exchange
- NYSE
- NASDAQ
- IPO
- News (4w)
- 1
- 5
- Recent ratings
- 25
- 1
Magna International Inc.
Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. The company operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. Its Body Exteriors & Structures segment provides body and chassis systems, as well as engineering and testing services; exterior systems, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors; and roof systems, such as modular and textile folding roofs, and hard and soft tops. The company's Power & Vision segment offers dedicated hybrid, dual and e-clutch, and manual transmissions; engine drive plates and accessories; AWD/4WD products, rear drive modules, and hybrid and battery electric drive systems; transmission, engine, and driveline components; advanced driver assistance systems, camera systems, ultrasonic sensors, and electronic controllers; interior and exterior mirrors, actuators, door handles, overhead consoles, and camera monitoring systems; head, tail, and fog lamps; signal and other lighting products; and latching systems, door modules, window systems, power closure systems, hinges and wire forming, and handle assemblies. Its Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The company's Complete Vehicles segment offers vehicle manufacturing and engineering services. It also designs, engineers, and manufactures tooling products. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
Worksport Ltd.
Worksport Ltd., through its subsidiary, designs, manufactures, and distributes truck tonneau covers in Canada and the United States. The company offers soft cover (SC) and tough cover (TC) tonneau covers, including SC3, a tri-fold cover that seals around the truck bed with a rubber gasket designed to protect cargo from moisture and debris; SC3pro that allows the operator to open the cover by pulling a release cable; and TC3, a thick aluminum tri-cover panel with a honey-comb core coated in a durable black scratch-resistant powder coating. It is also developing TerraVis, a solar cover tonneau cover that gives rechargeable portable power to pickup truck owners. The company distributes its products through wholesalers and online retail channels. It serves private labels and original equipment manufacturers. Worksport Ltd. has a collaboration agreement with Greatcell Energy Pty Ltd. The company was formerly known as Franchise Holdings International, Inc. and changed its name to Worksport Ltd. in May 2020. Worksport Ltd. is based in Vaughan, Canada.
Latest MGA
- Magna International Inc. Announces Date For Third Quarter 2026 Results Webcast
- Magna downgraded by BMO Capital Markets with a new price target
- Magna downgraded by Analyst with a new price target
- SEC Form 6-K filed by Magna International Inc.
- SEC Form 6-K filed by Magna International Inc.
- Magna Announces Strong Second Quarter Results; Raises Outlook for 2026
- Magna Secures 800V eDrive Program Award With Chery
- SEC Form 11-K filed by Magna International Inc.
- Magna International Inc. Announces Date for Second Quarter 2026 Results Webcast
- SEC Form SD filed by Magna International Inc.
Latest WKSP
- SEC Form EFFECT filed by Worksport Ltd.
- SEC Form S-8 filed by Worksport Ltd.
- SEC Form 8-K filed by Worksport Ltd.
- Worksport (Nasdaq: WKSP) Books $2.92M August Orders; Annualized Order Run Rate Reaches $35M
- Worksport COR Energy System Now Available Through Amazon
- Worksport (NASDAQ:WKSP) Invites Shareholders to September 15 CEO Town Hall
- Worksport Ltd. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
- Worksport Ltd. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Unregistered Sales of Equity Securities, Financial Statements and Exhibits
- Worksport Ltd. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
- Worksport (NASDAQ: WKSP) Posts Record $2.5M July Orders; Seven-Month Consecutive Sales Climb Continues; $30M ARR