Head to Head Analysis: Maplebear (CART) versus Its Peers

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

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	-15.41%	-155.79%	-4.92%

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Maplebear	$3.21 billion	-$1.62 billion	-2.41
Maplebear Competitors	$4.24 billion	$453.55 million	-5.68

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 and 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 1.44, meaning that their average stock price is 44% more volatile than the S&P 500.

Insider & Institutional Ownership

63.1% of Maplebear shares are owned by institutional investors. Comparatively, 57.6% of shares of all “Business services, not elsewhere classified” companies are owned by institutional investors. 36.0% of Maplebear shares are owned by insiders. Comparatively, 16.7% of shares of all “Business services, not elsewhere classified” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent ratings and price targets for Maplebear and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Maplebear	0	12	13	0	2.52
Maplebear Competitors	911	5961	12230	318	2.62

Maplebear currently has a consensus price target 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 competitors stronger consensus rating and higher probable upside, analysts plainly believe Maplebear has less favorable growth aspects than its competitors.

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.