Getaround (GETR) and The Competition Financial Comparison

Getaround (NYSE:GETR) is one of 432 public companies in the “Software – Application” industry, but how does it compare to its peers? We will compare Getaround to similar companies based on the strength of its analyst recommendations, valuation, institutional ownership, risk, earnings, profitability and dividends.

Insider and Institutional Ownership

59.6% of Getaround shares are held by institutional investors. Comparatively, 32.3% of shares of all “Software – Application” companies are held by institutional investors. 29.2% of Getaround shares are held by insiders. Comparatively, 32.0% of shares of all “Software – Application” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

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	-27.71%	-114.78%	-8.61%

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Getaround	$78.32 million	-$113.95 million	-0.05
Getaround Competitors	$257.34 million	$12.42 million	464.83

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.

Volatility & Risk

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

Analyst Recommendations

This is a summary of current ratings and price targets 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	494	1834	4095	91	2.58

As a group, “Software – Application” companies have a potential upside of 21.29%. Given Getaround’s peers higher probable upside, analysts plainly believe Getaround has less favorable growth aspects than its peers.

Summary

Getaround peers beat Getaround on 9 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.