Maplebear (CART) versus Its Peers Critical Comparison

Maplebear (NASDAQ:CART) is one of 193 public companies in the “Business services, not elsewhere classified” industry, but how does it contrast to its peers? We will compare Maplebear to related companies based on the strength of its risk, institutional ownership, dividends, analyst recommendations, earnings, valuation and profitability.

Insider & Institutional Ownership

63.1% of Maplebear shares are held by institutional investors. Comparatively, 58.7% 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, 16.8% 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 company will outperform the market over the long term.

Risk and Volatility

Maplebear has a beta of 0.94, meaning that its stock price is 6% less volatile than the S&P 500. Comparatively, Maplebear’s peers have a beta of 1.51, meaning that their average stock price is 51% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of current ratings for Maplebear and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Maplebear	0	13	13	0	2.50
Maplebear Competitors	925	6021	12372	321	2.62

Maplebear currently has a consensus price target of $47.14, indicating a potential upside of 11.25%. As a group, “Business services, not elsewhere classified” companies have a potential upside of 7.96%. Given Maplebear’s higher possible upside, equities research analysts clearly believe Maplebear is more favorable than its peers.

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Maplebear	$3.04 billion	-$1.62 billion	28.44
Maplebear Competitors	$19.93 billion	$456.28 million	9.34

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	13.37%	13.78%	10.51%
Maplebear Competitors	-15.31%	-159.07%	-4.11%

Summary

Maplebear beats its peers on 7 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.