Critical Analysis: Getaround (GETR) versus The Competition

Getaround (NYSE:GETR) is one of 450 public companies in the “Software – Application” industry, but how does it weigh in compared to its peers? We will compare Getaround to similar companies based on the strength of its institutional ownership, analyst recommendations, earnings, valuation, profitability, risk and dividends.

Institutional & Insider Ownership

59.6% of Getaround shares are owned by institutional investors. Comparatively, 32.6% of shares of all “Software – Application” companies are owned by institutional investors. 29.2% of Getaround shares are owned by company insiders. Comparatively, 31.0% of shares of all “Software – Application” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings and price targets for Getaround and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Getaround	0	0	0	0	N/A
Getaround Competitors	546	2176	4532	72	2.56

As a group, “Software – Application” companies have a potential upside of 21.03%. Given Getaround’s peers higher possible upside, analysts clearly believe Getaround has less favorable growth aspects than its peers.

Valuation and Earnings

This table compares Getaround and its peers 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	$261.82 million	$7.60 million	458.00

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.

Risk and Volatility

Getaround has a beta of 0.96, meaning that its stock price is 4% less volatile than the S&P 500. Comparatively, Getaround’s peers have a beta of 1.03, meaning that their average stock price is 3% more volatile than the S&P 500.

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	-27.84%	-108.37%	-9.20%

Summary

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

About Getaround

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.