Gogoro (GGR) & Its Peers Head-To-Head Review

Gogoro (NASDAQ:GGR) is one of 119 public companies in the “Automobiles” industry, but how does it compare to its peers? We will compare Gogoro to related businesses based on the strength of its analyst recommendations, earnings, valuation, risk, dividends, profitability and institutional ownership.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Gogoro	$285.58 million	-$79.97 million	-0.91
Gogoro Competitors	$812.54 billion	$1.13 billion	7.84

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

Analyst Ratings

This is a summary of recent ratings and recommmendations for Gogoro and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Gogoro	1	0	0	0	1.00
Gogoro Competitors	2130	5136	6396	192	2.34

As a group, “Automobiles” companies have a potential upside of 65.00%. Given Gogoro’s peers stronger consensus rating and higher possible upside, analysts clearly believe Gogoro has less favorable growth aspects than its peers.

Risk and Volatility

Gogoro has a beta of 0.9, meaning that its stock price is 10% less volatile than the S&P 500. Comparatively, Gogoro’s peers have a beta of 1.02, meaning that their average stock price is 2% more volatile than the S&P 500.

Profitability

This table compares Gogoro and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Gogoro	-16.98%	-41.32%	-7.86%
Gogoro Competitors	-1,522.73%	-121.99%	-11.69%

Insider & Institutional Ownership

15.9% of Gogoro shares are owned by institutional investors. Comparatively, 39.1% of shares of all “Automobiles” companies are owned by institutional investors. 4.8% of Gogoro shares are owned by insiders. Comparatively, 13.9% of shares of all “Automobiles” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

Gogoro peers beat Gogoro on 10 of the 13 factors compared.

Gogoro Company Profile

Gogoro Inc. provides battery swapping services in Taiwan, India, and internationally. It also develops Swap and Go battery system that delivers full power to electric-powered two-wheelers. In addition, the company offers battery swapping technology in the form of hardware, software, and service, including Gogoro Smart Batteries, GoStation, Gogoro Network Software & Battery Management Systems, Smartscooter, GoReward, and related components and kits. The company was incorporated in 2011 and is based in Taipei, Taiwan.