Gogoro (GGR) & The Competition Critical Comparison

Gogoro (NASDAQ:GGR – Get Rating) is one of 66 publicly-traded companies in the “Motor vehicles & car bodies” industry, but how does it weigh in compared to its peers? We will compare Gogoro to related companies based on the strength of its valuation, risk, analyst recommendations, earnings, institutional ownership, profitability and dividends.

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	-25.84%	-35.10%	-11.87%
Gogoro Competitors	-4,076.61%	-25.52%	-12.71%

Analyst Ratings

This is a breakdown of current ratings for Gogoro and its peers, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Gogoro	1	0	1	0	2.00
Gogoro Competitors	841	2203	3030	135	2.40

Gogoro presently has a consensus price target of $5.77, indicating a potential upside of 54.60%. As a group, “Motor vehicles & car bodies” companies have a potential upside of 35.81%. Given Gogoro’s higher probable upside, equities research analysts plainly believe Gogoro is more favorable than its peers.

Insider & Institutional Ownership

10.3% of Gogoro shares are held by institutional investors. Comparatively, 43.7% of shares of all “Motor vehicles & car bodies” companies are held by institutional investors. 14.2% of shares of all “Motor vehicles & car bodies” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares Gogoro and its peers gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Gogoro	$382.83 million	-$98.91 million	-8.29
Gogoro Competitors	$45.36 billion	$2.45 billion	6.83

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.

Summary

Gogoro peers beat Gogoro on 8 of the 12 factors compared.

About Gogoro

(Get Rating)

Gogoro Inc. manufactures two-wheeled electric vehicle. The company offers two-wheeled electric scooter that provides cloud connectivity and electric powertrain that utilizes swappable battery infrastructure for gathering, analyzing, and sharing riding data through a mobile application on the rider's smartphone. It also operates battery swapping infrastructure network for electric vehicles that can be deployed across the cities to provide portable power through battery vending machines. Gogoro Inc. has a strategic partnership with Foxconn Electronics Inc. The company was founded in 2011 and is based in Taoyuan City, Taiwan.