Analyzing Maplebear (CART) and Its Competitors

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

Profitability

This table compares Maplebear and its competitors’ 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	-15.34%	-156.00%	-5.00%

Institutional and 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, 16.6% of shares of all “Business services, not elsewhere classified” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Maplebear and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Maplebear	0	12	13	0	2.52
Maplebear Competitors	909	5941	12209	317	2.62

Maplebear presently has a consensus price target of $43.90, indicating a potential downside of 8.49%. As a group, “Business services, not elsewhere classified” companies have a potential upside of 6.68%. Given Maplebear’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Maplebear has less favorable growth aspects than its competitors.

Valuation & Earnings

This table compares Maplebear and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Maplebear	$3.21 billion	-$1.62 billion	-2.42
Maplebear Competitors	$9.87 billion	$453.55 million	-4.36

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

Volatility & Risk

Maplebear has a beta of 1.12, meaning that its stock price is 12% more volatile than the S&P 500. Comparatively, Maplebear’s competitors have a beta of 1.43, meaning that their average stock price is 43% more volatile than the S&P 500.

Summary

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

About Maplebear

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.