WPRT official logo WPRT
WPRT 1-star rating from Upturn Advisory
Westport Fuel Systems Inc (WPRT) company logo

Westport Fuel Systems Inc (WPRT)

Westport Fuel Systems Inc (WPRT) 1-star rating from Upturn Advisory
$1.77
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Upturn Advisory Summary

12/03/2025: WPRT (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

2 star rating from financial analysts

5 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $5.4

1 Year Target Price $5.4

Analysts Price Target For last 52 week
$5.4 Target price
52w Low $1.54
Current$1.77
52w High $4.78

Analysis of Past Performance

Type Stock
Historic Profit -56.07%
Avg. Invested days 22
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/03/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 30.64M USD
Price to earnings Ratio -
1Y Target Price 5.4
Price to earnings Ratio -
1Y Target Price 5.4
Volume (30-day avg) 5
Beta 2.23
52 Weeks Range 1.54 - 4.78
Updated Date 12/3/2025
52 Weeks Range 1.54 - 4.78
Updated Date 12/3/2025
Dividends yield (FY) -
Basic EPS (TTM) -1.44

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-11-11
When -
Estimate -0.57
Actual -0.3819

Profitability

Profit Margin -20.9%
Operating Margin (TTM) -397.53%

Management Effectiveness

Return on Assets (TTM) -2.12%
Return on Equity (TTM) -21.57%

Valuation

Trailing PE -
Forward PE 144.93
Enterprise Value 3562674
Price to Sales(TTM) 0.11
Enterprise Value 3562674
Price to Sales(TTM) 0.11
Enterprise Value to Revenue 0.01
Enterprise Value to EBITDA 0.96
Shares Outstanding 17362535
Shares Floating 14285894
Shares Outstanding 17362535
Shares Floating 14285894
Percent Insiders 11
Percent Institutions 14.3

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Westport Fuel Systems Inc

Westport Fuel Systems Inc(WPRT) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Westport Fuel Systems Inc. was formed in 2016 through the merger of Westport Innovations Inc. (founded in 1995) and Fuel Systems Solutions, Inc. Westport focused on natural gas engine technology, while Fuel Systems Solutions specialized in alternative fuel systems. The merger created a global leader in alternative fuel systems and components.

Company business area logo Core Business Areas

  • Original Equipment Manufacturer (OEM): Designs, manufactures, and sells alternative fuel systems and components for light, medium, and heavy-duty vehicles to OEMs.
  • Independent Aftermarket (IAM): Provides alternative fuel systems and components to independent installers and distributors for retrofit applications and aftermarket sales.
  • Fuel Storage and Delivery Systems: Offers compressed natural gas (CNG), liquefied petroleum gas (LPG) fuel storage, delivery, and vaporizers systems.

leadership logo Leadership and Structure

David M. Johnson serves as the Chief Executive Officer. The company has a Board of Directors overseeing its operations and strategic direction. They operate globally with regional teams.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • HPDI 2.0: High-Pressure Direct Injection (HPDI) 2.0 system for heavy-duty trucks using natural gas. It is designed to deliver diesel-like performance with reduced emissions. Market share data isn't explicitly published, but Westport claims to be a technology leader in this space. Competitors include Cummins and other engine manufacturers exploring alternative fuel solutions.
  • LPG/CNG Systems and Components: Alternative fuel systems for light and medium-duty vehicles, including injectors, regulators, and electronic control units (ECUs). Market share varies by region and application. Revenue breakdown is not available. Competitors include Landi Renzo, BRC Gas Equipment.
  • Electronic Control Units (ECUs): Design and manufacture of ECUs for various alternative fuel applications. Market data not readily available. Competition is varied depending on niche use-case.

Market Dynamics

industry overview logo Industry Overview

The alternative fuel vehicle market is driven by increasing environmental concerns, government regulations promoting lower emissions, and fluctuating fuel prices. The market is expanding, with growth expected in both the OEM and aftermarket segments, especially for heavy-duty vehicles and emerging markets.

Positioning

Westport Fuel Systems Inc. is a key player in the alternative fuel systems market, particularly for heavy-duty vehicles and natural gas engines. Its HPDI technology gives it a competitive advantage. However, the company faces competition from established engine manufacturers and other alternative fuel system providers.

Total Addressable Market (TAM)

The global alternative fuel vehicles market is projected to reach hundreds of billions of dollars in the next decade. Westport Fuel Systems Inc. is positioned to capture a portion of this TAM by providing innovative fuel system solutions. They are focused on OEM and aftermarket systems.

Upturn SWOT Analysis

Strengths

  • Proprietary HPDI technology for heavy-duty natural gas engines
  • Established relationships with OEMs
  • Global presence and distribution network
  • Focus on sustainable transportation solutions
  • Extensive experience in alternative fuel systems

Weaknesses

  • Reliance on regulatory support and government incentives for alternative fuels
  • Exposure to fluctuations in natural gas and other fuel prices
  • History of inconsistent profitability
  • Significant debt burden
  • Competition from established engine manufacturers

Opportunities

  • Expanding adoption of natural gas vehicles in emerging markets
  • Increasing demand for lower-emission transportation solutions
  • Development of new alternative fuel technologies (e.g., hydrogen)
  • Potential for strategic partnerships with engine manufacturers
  • Government incentives and subsidies promoting alternative fuels

Threats

  • Competition from battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs)
  • Changes in government regulations or incentives
  • Fluctuations in natural gas and other fuel prices
  • Technological advancements by competitors
  • Economic downturns affecting vehicle sales

Competitors and Market Share

Key competitor logo Key Competitors

  • Landi Renzo (LR.MI)
  • Clean Energy Fuels (CLNE)
  • Cummins (CMI)
  • Hexagon Purus (HPUR.OL)

Competitive Landscape

Westport Fuel Systems Inc. competes with established engine manufacturers, other alternative fuel system providers, and emerging technologies like battery electric vehicles. Its strengths lie in its HPDI technology and relationships with OEMs. Weaknesses include its reliance on government regulations and the cyclical nature of the alternative fuel vehicle market.

Major Acquisitions

Emer S.p.A.

  • Year: 2010
  • Acquisition Price (USD millions): 75
  • Strategic Rationale: Expanded Westport's European presence and broadened its product portfolio in alternative fuel systems.

Growth Trajectory and Initiatives

Historical Growth: Growth has been inconsistent, with periods of expansion followed by contraction, reflecting changes in the market for alternative fuel vehicles and technological advancements. The Fuel Systems Solutions, Inc. merger did create significant growth.

Future Projections: Analyst projections are influenced by the expected growth of the alternative fuel vehicle market, government regulations, and technological advancements. Expect moderate growth.

Recent Initiatives: Recent initiatives include investments in HPDI technology, expansion into new markets, and strategic partnerships with OEMs.

Summary

Westport Fuel Systems Inc. is a key player in the alternative fuel systems market, particularly for heavy-duty vehicles. Its proprietary HPDI technology and established OEM relationships are strengths. Inconsistent profitability and reliance on government regulations pose challenges. Growth opportunities exist in emerging markets and new technologies but Westport faces strong competition from established players and battery electric vehicles.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Analyst Reports
  • Industry Research Reports
  • Company Press Releases

Disclaimers:

This analysis is based on publicly available information and should not be considered financial advice. Market conditions and company performance can change rapidly. Consult with a qualified financial advisor before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Westport Fuel Systems Inc

Exchange NASDAQ
Headquaters Vancouver, BC, Canada
IPO Launch date 1995-08-22
CEO & Director Mr. Daniel Sceli
Sector Consumer Cyclical
Industry Auto Parts
Full time employees 1509
Full time employees 1509

Westport Fuel Systems Inc. engages in the engineering, manufacturing, and supplying alternative fuel systems and components for use in transportation applications in Europe, Asia, North America, South America, and internationally. The company operates through four segments: Cespira, Light-Duty, High-Pressure Controls and Systems, and Heavy-Duty OEM. It offers alternative fuel, such as hydrogen (H2), liquefied natural gas (LNG), biogas, biomethane, renewable natural gas (RNG), compressed natural gas (CNG), and liquefied petroleum gas (LPG); and pressure regulators, injectors, electronic control units, valves and filters, complete bi-fuel, mono-fuel and dual-fuel LPG and natural gas conversion kits, and high-pressure hydrogen components. The company also provides LNG HPDI fuel system products to engine manufacturers and commercial vehicle original equipment manufacturers. In addition, it offers direct injection engine technology and fuel storage solutions to original equipment manufacturers, delayed original equipment manufacturers, and independent aftermarkets. It provides its products under the BRC, Prins, Zavoli, OMVL, TA Gas Technology, Vialle, Valtek, Cespira, STAKO, AFS, Emer, and GFI 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.