Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

CART

STRONG BUYFLAG

Maplebear Inc. · Consumer Cyclical · United States · $9.9B · Avg Vol: $192M/d

90
StockRank
Get insider-trade alerts
Q
84
V
28
M
77
P/E (TTM)
25.4x
ROE
16.3%
D/E
0.0x
Dividend %
AI CONVICTION THESIS

Maplebear has strong quality at Q84 and M79 with an active buyback, but value at V27 is far below the calibrated floor and insiders sold 0.09%. Grocery delivery at a full valuation with insiders trimming.

COMPANY DESCRIPTION

Maplebear Inc., operating as Instacart, is a leading online grocery delivery and pick-up platform connecting customers with local retail stores across North America. The company leverages its expansive network of shoppers and retail partners to offer convenient and rapid fulfillment for groceries and other consumer goods. Instacart's competitive moat is built on its significant market share, strong network effects among users and retailers, and established logistical infrastructure within the rapidly expanding e-commerce grocery sector.

FINANCIAL SUMMARY (USD)

Year20212022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue2.6B3.0B3.4B3.7B13.6%3.9B4.2B4.6B10.9%
EPS-0.260.28-12.431.691.6882.0%1.842.563.1436.7%
Shares280.1M279.0M261.0M242.9M-13.3%235.0M
Debt49.0M40.0M26.0M36.0M-9.8%34.0M
Equity-64.0M3.8B3.1B2.5B-18.1%
Op CF277.0M586.0M687.0M971.0M51.9%941.0M
Inv CF117.0M135.0M-107.0M-208.0M
Fin CF46.0M-30.0M-1.4B-1.4B
Loading 1Y...
PRICE (1Y)+6.8%
41.2443.0344.8246.6048.39Jun 12Jul 7Jul 27
SMA 50SMA 200
Close
$44.06
RSI (14)
31.6
52W High
$53.50
From 52W High
0.8%

SCORE BREAKDOWN

Quality
84
ROIC
18.0%85.0
ROE
16.3%77.5
GP/Assets
76.6%91.3
Op. Margin
18.0%87.7
FCF/Assets
16.9%93.4
Piotroski
653.6
Int. Cover
50.0x87.9
D/E Ratio
0.01x93.7
Current Ratio
2.36x75.2
Value
28
P/E (TTM)
25.4x31.7
EV/EBITDA
17.4x22.3
P/FCF
15.9x46.4
P/B
4.6x15.5
P/S
2.8x17.6
Div Yield
N/A
Momentum
77
52W High %
82%62.9
RS 6M
3%79.4
SMA 50/200
1.07x78.8
EPS Rev 4W
+0.1%88.6
EPS Rev 12W
+4.9%85.9
EPS Improve
+158%80.7
Q Growth
36%72.2

FUNDAMENTALS

Market Cap
$9.9B
P/E (Forward)
9.9x
Gross Margin
73.1%

SECTOR PEERS

Closest peers in Consumer Cyclical, ranked by industry match, size, and score similarity. Cross-listings of CART are excluded.

TickerCompanyMkt CapStockRankSignal
CARTMaplebear Inc.(you)$9.9B90STRONG BUY
ETSYEtsy, Inc.$7.7B89STRONG BUY
LQDTLiquidity Services, Inc.$1.2B88STRONG BUY
EBA.DEeBay Inc.$48.1B73BUY
CHWYChewy, Inc.$8.5B43HOLD
WWayfair Inc.$11.1B26SELL
RVLVRevolve Group, Inc.$1.8B53HOLD
CPNGCoupang, Inc.$27.8B12STRONG SELL
DASHDoorDash, Inc.$75.3B30SELL
LEVILevi Strauss & Co.$9.4B92STRONG BUY

Peer medians: ROE 9.9% · P/E 22.6x · Gross margin 37.5%

Maplebear Inc. (CART) — Stock Score Summary

Maplebear Inc. (CART) has a MoatMap StockRank of 90/100 based on Quality (84/100), Value (28/100), and Momentum (77/100) factor scores. The current signal is STRONG BUY. Maplebear has strong quality at Q84 and M79 with an active buyback, but value at V27 is far below the calibrated floor and insiders sold 0.09%. Grocery delivery at a full valuation with insiders trimming.

Maplebear Inc., operating as Instacart, is a leading online grocery delivery and pick-up platform connecting customers with local retail stores across North America. The company leverages its expansive network of shoppers and retail partners to offer convenient and rapid fulfillment for groceries and other consumer goods. Instacart's competitive moat is built on its significant market share, strong network effects among users and retailers, and established logistical infrastructure within the rapidly expanding e-commerce grocery sector.

Key Financial Metrics

Price$44.06
Market Cap$9.9B
P/E (TTM)25.41
P/E (Forward)9.85
Price/Book4.62
Return on Equity16.3%
Return on Invested Capital18.0%
Debt/Equity0.01x
Gross Margin73.1%
Operating Margin18.0%
Revenue Growth13.6%
Free Cash Flow$624M

Maplebear Inc. operates in the Internet Retail industry, part of the Consumer Cyclical sector (United States).

Frequently Asked Questions

What is Maplebear Inc.’s (CART) StockRank?
MoatMap’s StockRank for Maplebear Inc. (CART) is 90/100, with a Strong Buy signal. It is a composite of Quality (84), Value (28), and Momentum (77) factor ranks across MoatMap’s 20,000+ stock universe.
Does Maplebear Inc. have an economic moat?
Maplebear Inc. (CART) has a Quality factor score of 84/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Maplebear Inc. a buy, hold, or sell?
MoatMap’s current signal for Maplebear Inc. (CART) is Strong Buy, based on a StockRank of 90/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Maplebear Inc. in?
Maplebear Inc. (CART) operates in the Consumer Cyclical sector, specifically the Internet Retail industry (United States).