Gogoro (GGR) vs. Its Peers Financial Survey

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

Institutional & Insider Ownership

15.9% of Gogoro shares are held by institutional investors. Comparatively, 39.1% of shares of all “Automobiles” companies are held by institutional investors. 14.6% of shares of all “Automobiles” 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.

Profitability

This table compares Gogoro and its rivals’ 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	-1,522.82%	-122.30%	-11.69%

Analyst Recommendations

This is a breakdown of current ratings and target prices for Gogoro and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Gogoro	1	0	0	0	1.00
Gogoro Competitors	2125	5129	6390	191	2.34

As a group, “Automobiles” companies have a potential upside of 68.54%. Given Gogoro’s rivals stronger consensus rating and higher possible upside, analysts plainly believe Gogoro has less favorable growth aspects than its rivals.

Volatility and Risk

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

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Gogoro	$285.58 million	-$79.97 million	-0.96
Gogoro Competitors	$812.53 billion	$1.13 billion	7.96

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

Summary

Gogoro rivals 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.