Reviewing Maplebear (CART) and Its Competitors

Maplebear (NASDAQ:CART) is one of 192 publicly-traded companies in the “Business services, not elsewhere classified” industry, but how does it contrast to its rivals? We will compare Maplebear to related companies based on the strength of its institutional ownership, profitability, analyst recommendations, earnings, valuation, dividends and risk.

Profitability

This table compares Maplebear and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Maplebear	13.37%	13.78%	10.51%
Maplebear Competitors	-15.31%	-159.06%	-4.11%

Risk and Volatility

Maplebear has a beta of 1.12, indicating that its stock price is 12% more volatile than the S&P 500. Comparatively, Maplebear’s rivals have a beta of 1.27, indicating that their average stock price is 27% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent recommendations for Maplebear and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Maplebear	0	12	13	0	2.52
Maplebear Competitors	920	6001	12333	320	2.62

Maplebear currently has a consensus price target of $47.29, indicating a potential upside of 8.28%. As a group, “Business services, not elsewhere classified” companies have a potential upside of 2.10%. Given Maplebear’s higher probable upside, equities analysts clearly believe Maplebear is more favorable than its rivals.

Earnings and Valuation

This table compares Maplebear and its rivals revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Maplebear	$3.30 billion	-$1.62 billion	29.31
Maplebear Competitors	$11.67 billion	$456.28 million	9.23

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

Insider and Institutional Ownership

63.1% of Maplebear shares are held by institutional investors. Comparatively, 58.1% of shares of all “Business services, not elsewhere classified” companies are held by institutional investors. 36.0% of Maplebear shares are held by company insiders. Comparatively, 16.8% of shares of all “Business services, not elsewhere classified” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

Maplebear beats its rivals on 7 of the 13 factors compared.

About Maplebear

Maplebear Inc., doing business as Instacart, engages in the provision of online grocery shopping services to households in North America. It sells and delivers grocery products, as well as pickup services through a mobile application and website. It also operates virtual convenience stores; and provides software-as-a-service solutions to retailers. The company was incorporated in 2012 and is based in San Francisco, California.