Critical Analysis: Mobile Infrastructure (BEEP) & Its Peers

Mobile Infrastructure (NASDAQ:BEEP) is one of 83 publicly-traded companies in the “Real estate” industry, but how does it compare to its rivals? We will compare Mobile Infrastructure to similar companies based on the strength of its dividends, profitability, earnings, valuation, analyst recommendations, risk and institutional ownership.

Profitability

This table compares Mobile Infrastructure and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Mobile Infrastructure	-74.35%	-3.08%	-1.49%
Mobile Infrastructure Competitors	-352.19%	-2.34%	-0.52%

Analyst Recommendations

This is a summary of current ratings and price targets for Mobile Infrastructure and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Mobile Infrastructure	0	0	0	0	N/A
Mobile Infrastructure Competitors	270	1349	1211	45	2.36

As a group, “Real estate” companies have a potential upside of 3.60%. Given Mobile Infrastructure’s rivals higher probable upside, analysts clearly believe Mobile Infrastructure has less favorable growth aspects than its rivals.

Insider and Institutional Ownership

84.3% of Mobile Infrastructure shares are held by institutional investors. Comparatively, 47.6% of shares of all “Real estate” companies are held by institutional investors. 46.2% of Mobile Infrastructure shares are held by company insiders. Comparatively, 17.8% of shares of all “Real estate” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares Mobile Infrastructure and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Mobile Infrastructure	$30.27 million	-$25.12 million	-1.13
Mobile Infrastructure Competitors	$11.84 billion	-$69.21 million	55.86

Mobile Infrastructure’s rivals have higher revenue, but lower earnings than Mobile Infrastructure. Mobile Infrastructure is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Volatility and Risk

Mobile Infrastructure has a beta of 0.65, suggesting that its share price is 35% less volatile than the S&P 500. Comparatively, Mobile Infrastructure’s rivals have a beta of 1.03, suggesting that their average share price is 3% more volatile than the S&P 500.

Summary

Mobile Infrastructure rivals beat Mobile Infrastructure on 6 of the 10 factors compared.

About Mobile Infrastructure

Mobile Infrastructure Corporation is a Maryland corporation. The Company owns a diversified portfolio of parking assets primarily located in the Midwest and Southwest. As of December 31, 2023, the Company owned 43 parking facilities in 21 separate markets throughout the United States, with a total of 15,700 parking spaces and approximately 5.4 million square feet. The Company also owns approximately 0.2 million square feet of retail/commercial space adjacent to its parking facilities.