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 competitors? We will compare Gogoro to related businesses based on the strength of its dividends, analyst recommendations, earnings, institutional ownership, profitability, risk and valuation.
Earnings & Valuation
This table compares Gogoro and its competitors top-line revenue, earnings per share and 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 competitors have higher revenue and earnings than Gogoro. Gogoro is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Institutional and Insider Ownership
This table compares Gogoro and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
This is a summary of current ratings and target prices for Gogoro and its competitors, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Gogoro currently has a consensus price target 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, research analysts clearly believe Gogoro is more favorable than its competitors.
Gogoro competitors beat Gogoro on 9 of the 12 factors compared.
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.