Gogoro (NASDAQ:GGR – Get Rating) is one of 66 public companies in the “Motor vehicles & car bodies” industry, but how does it compare to its rivals? We will compare Gogoro to similar companies based on the strength of its institutional ownership, dividends, risk, profitability, analyst recommendations, earnings and valuation.
Analyst Ratings
This is a breakdown of current ratings for Gogoro and its rivals, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Gogoro | 1 | 0 | 1 | 0 | 2.00 |
| Gogoro Competitors | 844 | 2215 | 3040 | 137 | 2.40 |
Gogoro presently has a consensus target price of $5.77, suggesting a potential upside of 65.23%. As a group, “Motor vehicles & car bodies” companies have a potential upside of 45.09%. Given Gogoro’s higher probable upside, equities analysts clearly believe Gogoro is more favorable than its rivals.
Earnings & Valuation
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Gogoro | $382.83 million | -$98.91 million | -7.76 |
| Gogoro Competitors | $44.52 billion | $2.45 billion | 12.57 |
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.
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 | -25.84% | -35.10% | -11.87% |
| Gogoro Competitors | -4,075.04% | -24.78% | -11.83% |
Institutional and Insider Ownership
10.3% of Gogoro shares are held by institutional investors. Comparatively, 40.8% of shares of all “Motor vehicles & car bodies” companies are held by institutional investors. 4.8% of Gogoro shares are held by company insiders. Comparatively, 13.5% of shares of all “Motor vehicles & car bodies” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Summary
Gogoro rivals beat Gogoro on 9 of the 12 factors compared.
About Gogoro
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.
Receive News & Ratings for Gogoro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gogoro and related companies with MarketBeat.com's FREE daily email newsletter.
