Analyzing Getaround (GETR) and The Competition

Getaround (NYSE:GETR) is one of 450 publicly-traded companies in the “Software – Application” industry, but how does it contrast to its competitors? We will compare Getaround to similar businesses based on the strength of its valuation, profitability, institutional ownership, earnings, risk, analyst recommendations and dividends.

Institutional and Insider Ownership

59.6% of Getaround shares are held by institutional investors. Comparatively, 32.5% of shares of all “Software – Application” companies are held by institutional investors. 29.2% of Getaround shares are held by insiders. Comparatively, 30.8% of shares of all “Software – Application” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

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	-28.08%	-108.43%	-9.19%

Volatility and Risk

Getaround has a beta of 0.96, meaning that its share price is 4% less volatile than the S&P 500. Comparatively, Getaround’s competitors have a beta of 1.04, meaning that their average share price is 4% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings and target prices for Getaround and its competitors, 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	576	2472	4945	86	2.56

As a group, “Software – Application” companies have a potential upside of 20.90%. Given Getaround’s competitors higher possible upside, analysts plainly believe Getaround has less favorable growth aspects than its competitors.

Earnings & Valuation

This table compares Getaround and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Getaround	$78.32 million	-$113.95 million	-0.05
Getaround Competitors	$297.02 million	$8.31 million	481.38

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.

Summary

Getaround competitors 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.