Getaround (GETR) and Its Rivals Critical Review

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

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	-23.75%	-645.02%	-23.51%

Analyst Recommendations

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	88	381	446	34	2.45

As a group, “Automotive rental & leasing, without drivers” companies have a potential upside of 24.48%. Given Getaround’s peers higher probable upside, analysts plainly believe Getaround has less favorable growth aspects than its peers.

Volatility and Risk

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

Insider and Institutional Ownership

59.6% of Getaround shares are held by institutional investors. Comparatively, 50.0% of shares of all “Automotive rental & leasing, without drivers” companies are held by institutional investors. 29.2% of Getaround shares are held by insiders. Comparatively, 16.2% of shares of all “Automotive rental & leasing, without drivers” companies are held by 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.

Valuation and Earnings

This table compares Getaround and its peers gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Getaround	$72.68 million	-$113.95 million	-0.06
Getaround Competitors	$4.27 billion	$128.24 million	11.26

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.

Summary

Getaround peers 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.