Contrasting Getaround (GETR) and Its Peers

Getaround (NYSE:GETR) is one of 449 public companies in the “Software – Application” industry, but how does it compare to its peers? We will compare Getaround to related companies based on the strength of its risk, analyst recommendations, profitability, earnings, valuation, institutional ownership and dividends.

Profitability

This table compares Getaround and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Getaround	-132.69%	-3,722.93%	-64.71%
Getaround Competitors	-27.49%	-109.72%	-8.58%

Institutional and Insider Ownership

59.6% of Getaround shares are held by institutional investors. Comparatively, 32.6% of shares of all “Software – Application” companies are held by institutional investors. 29.2% of Getaround shares are held by insiders. Comparatively, 30.7% of shares of all “Software – Application” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Analyst Ratings

This is a breakdown of current ratings for Getaround and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Getaround	0	0	0	0	N/A
Getaround Competitors	523	1970	3882	69	2.54

As a group, “Software – Application” companies have a potential upside of 16.73%. Given Getaround’s peers higher probable upside, analysts clearly believe Getaround has less favorable growth aspects than its peers.

Volatility and Risk

Getaround has a beta of 0.96, indicating that its stock price is 4% less volatile than the S&P 500. Comparatively, Getaround’s peers have a beta of 1.04, indicating that their average stock price is 4% more volatile than the S&P 500.

Valuation and Earnings

This table compares Getaround and its peers gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Getaround	$78.32 million	-$113.95 million	-0.05
Getaround Competitors	$280.09 million	$20.89 million	489.18

Getaround’s peers have higher revenue and earnings than Getaround. Getaround 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.

Summary

Getaround peers beat Getaround on 9 of the 10 factors compared.

Getaround Company Profile

Getaround, Inc. operates as an online car rental service company for peer-to-peer car sharing. The company operates Getaround, a digital carsharing marketplace, which is accessed through the Getaround app and derives demand from guests who want access to cars nearby 24/7 for various use cases, such as local and long-distance getaways, running errands, business travel, and driving to earn through rideshare and delivery platforms. Getaround, Inc. is based in San Francisco, California.