Comparing Getaround (GETR) & Its Competitors

Getaround (NYSE:GETR) is one of 451 public companies in the “Software – Application” industry, but how does it weigh in compared to its peers? We will compare Getaround to related companies based on the strength of its institutional ownership, dividends, profitability, valuation, analyst recommendations, earnings and risk.

Risk and Volatility

Getaround has a beta of 0.96, suggesting that its stock price is 4% less volatile than the S&P 500. Comparatively, Getaround’s peers have a beta of 0.90, suggesting that their average stock price is 10% less volatile than the S&P 500.

Insider and Institutional Ownership

59.6% of Getaround shares are held by institutional investors. Comparatively, 32.4% of shares of all “Software – Application” companies are held by institutional investors. 29.2% of Getaround shares are held by company insiders. Comparatively, 30.8% of shares of all “Software – Application” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of recent ratings and recommmendations for Getaround and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Getaround	0	0	0	0	N/A
Getaround Competitors	528	1962	3821	68	2.54

As a group, “Software – Application” companies have a potential upside of 19.76%. Given Getaround’s peers higher possible upside, analysts clearly 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	-28.43%	-109.29%	-8.76%

Valuation & 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	-0.04
Getaround Competitors	$271.46 million	$18.57 million	396.45

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.

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.