Analyzing Maplebear (CART) & Its Rivals

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

Analyst Ratings

This is a summary of recent ratings for Maplebear and its peers, 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	911	5960	12230	318	2.62

Maplebear presently has a consensus target price of $43.90, indicating a potential downside of 8.00%. As a group, “Business services, not elsewhere classified” companies have a potential upside of 4.99%. Given Maplebear’s peers stronger consensus rating and higher possible upside, analysts plainly believe Maplebear has less favorable growth aspects than its peers.

Institutional & Insider Ownership

63.1% of Maplebear shares are held by institutional investors. Comparatively, 57.6% 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, 16.7% of shares of all “Business services, not elsewhere classified” companies are held by company 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.

Risk & Volatility

Maplebear has a beta of 1.12, meaning that its share price is 12% more volatile than the S&P 500. Comparatively, Maplebear’s peers have a beta of 1.30, meaning that their average share price is 30% more volatile than the S&P 500.

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Maplebear	$3.21 billion	-$1.62 billion	-2.41
Maplebear Competitors	$6.10 billion	$453.55 million	-5.22

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

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Maplebear	-52.21%	-49.98%	-38.81%
Maplebear Competitors	-15.50%	-155.96%	-4.97%

Summary

Maplebear peers beat Maplebear on 9 of the 13 factors compared.

Maplebear Company Profile

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.