Contrasting Getaround (GETR) and The Competition

Getaround (NYSE:GETR) is one of 13 publicly-traded companies in the “Automotive rental & leasing, without drivers” industry, but how does it compare to its competitors? We will compare Getaround to related businesses based on the strength of its risk, dividends, valuation, profitability, earnings, analyst recommendations and institutional ownership.

Institutional & Insider Ownership

59.6% of Getaround shares are owned by institutional investors. Comparatively, 50.0% of shares of all “Automotive rental & leasing, without drivers” companies are owned by institutional investors. 29.2% of Getaround shares are owned by company insiders. Comparatively, 15.0% of shares of all “Automotive rental & leasing, without drivers” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Valuation & Earnings

This table compares Getaround and its competitors 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	$4.29 billion	$128.24 million	9.39

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

Analyst Recommendations

This is a summary of recent ratings and target prices for Getaround and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Getaround	0	0	0	0	N/A
Getaround Competitors	88	381	446	34	2.45

As a group, “Automotive rental & leasing, without drivers” companies have a potential upside of 20.39%. Given Getaround’s competitors higher possible upside, analysts clearly believe Getaround has less favorable growth aspects than its competitors.

Risk & Volatility

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

Profitability

This table compares Getaround and its competitors’ 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	-23.78%	-645.08%	-23.53%

Summary

Getaround competitors beat Getaround on 8 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.