Critical Comparison: Getaround (GETR) versus Its Peers

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

Risk and Volatility

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.

Earnings and Valuation

This table compares Getaround and its peers revenue, earnings per share 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	492.17

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.

Analyst Ratings

This is a summary of current ratings and recommmendations for Getaround and its peers, as provided 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	3878	69	2.54

As a group, “Software – Application” companies have a potential upside of 15.08%. Given Getaround’s peers higher possible upside, analysts plainly believe Getaround has less favorable growth aspects than its peers.

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%

Insider & Institutional 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 insiders. Comparatively, 30.7% of shares of all “Software – Application” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

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.