Gogoro (GGR) vs. The Competition Head-To-Head Comparison

Gogoro (NASDAQ:GGR) is one of 119 publicly-traded companies in the “Automobiles” industry, but how does it contrast to its peers? We will compare Gogoro to related companies based on the strength of its profitability, earnings, analyst recommendations, valuation, risk, institutional ownership and dividends.

Risk & Volatility

Gogoro has a beta of 0.9, indicating that its stock price is 10% less volatile than the S&P 500. Comparatively, Gogoro’s peers have a beta of 1.02, indicating that their average stock price is 2% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Gogoro and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Gogoro	1	0	0	0	1.00
Gogoro Competitors	2125	5129	6390	191	2.34

As a group, “Automobiles” companies have a potential upside of 68.54%. Given Gogoro’s peers stronger consensus rating and higher possible upside, analysts clearly believe Gogoro has less favorable growth aspects than its peers.

Valuation & Earnings

This table compares Gogoro and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Gogoro	$285.58 million	-$79.97 million	-0.96
Gogoro Competitors	$812.53 billion	$1.13 billion	7.96

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

Institutional and Insider Ownership

15.9% of Gogoro shares are owned by institutional investors. Comparatively, 39.1% of shares of all “Automobiles” companies are owned by institutional investors. 14.6% of shares of all “Automobiles” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Gogoro	-16.98%	-41.32%	-7.86%
Gogoro Competitors	-1,522.82%	-122.30%	-11.69%

Summary

Gogoro peers beat Gogoro on 10 of the 13 factors compared.

Gogoro Company Profile

Gogoro Inc. provides battery swapping services in Taiwan, India, and internationally. It also develops Swap and Go battery system that delivers full power to electric-powered two-wheelers. In addition, the company offers battery swapping technology in the form of hardware, software, and service, including Gogoro Smart Batteries, GoStation, Gogoro Network Software & Battery Management Systems, Smartscooter, GoReward, and related components and kits. The company was incorporated in 2011 and is based in Taipei, Taiwan.