Financial Review: Maplebear (CART) & Its Competitors

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

Analyst Ratings

This is a summary of current recommendations and price targets for Maplebear and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Maplebear	0	12	13	0	2.52
Maplebear Competitors	920	6001	12333	320	2.62

Maplebear presently has a consensus price target of $47.29, suggesting a potential upside of 8.28%. As a group, “Business services, not elsewhere classified” companies have a potential upside of 2.10%. Given Maplebear’s higher probable upside, equities research analysts clearly believe Maplebear is more favorable than its rivals.

Profitability

This table compares Maplebear and its rivals’ 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%	-159.06%	-4.11%

Institutional & Insider Ownership

63.1% of Maplebear shares are held by institutional investors. Comparatively, 58.1% 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 stock will outperform the market over the long term.

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Maplebear	$3.04 billion	-$1.62 billion	29.31
Maplebear Competitors	$19.78 billion	$456.28 million	9.06

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

Risk and Volatility

Maplebear has a beta of 1.12, suggesting that its share price is 12% more volatile than the S&P 500. Comparatively, Maplebear’s rivals have a beta of 1.29, suggesting that their average share price is 29% more volatile than the S&P 500.

Summary

Maplebear beats its rivals on 7 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.