Comparing Maplebear (CART) and Its Peers

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

Volatility & Risk

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 1.52, meaning that their average stock price is 52% more volatile than the S&P 500.

Insider & Institutional Ownership

63.1% of Maplebear shares are owned by institutional investors. Comparatively, 58.1% 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, 17.0% of shares of all “Business services, not elsewhere classified” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Analyst Ratings

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

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Maplebear	0	13	13	0	2.50
Maplebear Competitors	922	6008	12346	320	2.62

Maplebear currently has a consensus price target of $46.82, indicating a potential upside of 2.56%. As a group, “Business services, not elsewhere classified” companies have a potential upside of 4.07%. Given Maplebear’s peers stronger consensus rating and higher probable upside, analysts clearly believe Maplebear has less favorable growth aspects than its peers.

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Maplebear	$3.04 billion	-$1.62 billion	30.64
Maplebear Competitors	$9.54 billion	$456.28 million	9.00

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%	-159.06%	-4.11%

Summary

Maplebear peers beat Maplebear 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.