Maplebear (CART) & Its Competitors Critical Review

Maplebear (NASDAQ:CART) is one of 149 publicly-traded companies in the “Consumer Staples Distribution & Retail” industry, but how does it weigh in compared to its peers? We will compare Maplebear to related businesses based on the strength of its analyst recommendations, dividends, earnings, institutional ownership, risk, valuation and profitability.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Maplebear	$3.74 billion	$447.00 million	30.10
Maplebear Competitors	$36.17 billion	$846.26 million	16.14

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	11.59%	22.50%	15.17%
Maplebear Competitors	-25.86%	3.87%	2.96%

Institutional & Insider Ownership

63.1% of Maplebear shares are owned by institutional investors. Comparatively, 45.0% of shares of all “Consumer Staples Distribution & Retail” companies are owned by institutional investors. 24.0% of Maplebear shares are owned by company insiders. Comparatively, 19.7% of shares of all “Consumer Staples Distribution & Retail” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Volatility and Risk

Maplebear has a beta of 0.69, suggesting that its stock price is 31% less volatile than the S&P 500. Comparatively, Maplebear’s peers have a beta of 0.44, suggesting that their average stock price is 56% less volatile than the S&P 500.

Analyst Ratings

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

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Maplebear	0	15	7	0	2.32
Maplebear Competitors	2242	8272	10045	459	2.41

Maplebear currently has a consensus price target of $59.06, indicating a potential upside of 2.19%. As a group, “Consumer Staples Distribution & Retail” companies have a potential upside of 56.20%. Given Maplebear’s peers stronger consensus rating and higher probable upside, analysts clearly believe Maplebear has less favorable growth aspects than its peers.

Summary

Maplebear beats its peers 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.