Contrasting Getaround (GETR) and Its Competitors

Getaround (NYSE:GETR) is one of 447 publicly-traded companies in the “Software – Application” industry, but how does it contrast to its competitors? We will compare Getaround to related companies based on the strength of its dividends, risk, analyst recommendations, institutional ownership, valuation, earnings and profitability.

Insider & Institutional Ownership

59.6% of Getaround shares are owned by institutional investors. Comparatively, 31.8% of shares of all “Software – Application” companies are owned by institutional investors. 29.2% of Getaround shares are owned by insiders. Comparatively, 31.2% of shares of all “Software – Application” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Volatility & 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 0.90, meaning that their average share price is 10% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current ratings and price targets for Getaround and its competitors, 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	524	1915	3736	68	2.54

As a group, “Software – Application” companies have a potential upside of 19.85%. Given Getaround’s competitors higher probable upside, analysts clearly believe Getaround has less favorable growth aspects than its competitors.

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	-29.04%	-110.98%	-9.05%

Valuation and Earnings

This table compares Getaround and its competitors top-line 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	$267.28 million	$18.42 million	398.16

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 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.