Reviewing HyreCar (NASDAQ:HYRE) & Zoomcar (NASDAQ:ZCAR)

Zoomcar (NASDAQ:ZCAR) and HyreCar (NASDAQ:HYRE) are both small-cap auto/tires/trucks companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, profitability, valuation, analyst recommendations, dividends, earnings and risk.

Volatility and Risk

Zoomcar has a beta of -0.57, suggesting that its stock price is 157% less volatile than the S&P 500. Comparatively, HyreCar has a beta of 2.24, suggesting that its stock price is 124% more volatile than the S&P 500.

Valuation & Earnings

This table compares Zoomcar and HyreCar’s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Zoomcar	N/A	N/A	-$4.63 million	N/A	N/A
HyreCar	$39.89 million	0.00	-$25.95 million	($0.81)	N/A

Zoomcar has higher earnings, but lower revenue than HyreCar.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Zoomcar and HyreCar, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Zoomcar	0	0	0	0	N/A
HyreCar	0	0	0	0	N/A

Insider and Institutional Ownership

3.7% of Zoomcar shares are held by institutional investors. Comparatively, 62.9% of HyreCar shares are held by institutional investors. 2.2% of Zoomcar shares are held by insiders. Comparatively, 9.1% of HyreCar shares are held by 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 Zoomcar and HyreCar’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Zoomcar	N/A	-13.53%	48.39%
HyreCar	-46.03%	-1,016.64%	-128.82%

About Zoomcar

Zoomcar Holdings, Inc. operates a marketplace for car sharing in India, Indonesia, and Egypt. It connects hosts with guests, who choose from a selection of cars for use at affordable prices, promoting smart transportation solutions. The company was founded in 2013 and is based in Bronxville, New York.

About HyreCar

HyreCar, Inc. engages in the operation of a car-sharing marketplace. It also offers the renting of vehicle and other vehicle rental related services. The company was founded by Anshu Bansal and Abhishek Arora in September 2014 and is headquartered in Los Angeles, CA.