Analyzing MongoDB (MDB) and The Competition

MongoDB (NASDAQ:MDB) is one of 959 publicly-traded companies in the “Software” industry, but how does it weigh in compared to its peers? We will compare MongoDB to similar businesses based on the strength of its analyst recommendations, earnings, valuation, dividends, risk, institutional ownership and profitability.

Profitability

This table compares MongoDB and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
MongoDB	2.12%	1.06%	0.84%
MongoDB Competitors	-599.60%	26.31%	-8.93%

Volatility & Risk

MongoDB has a beta of 1.74, indicating that its stock price is 74% more volatile than the S&P 500. Comparatively, MongoDB’s peers have a beta of 1.35, indicating that their average stock price is 35% more volatile than the S&P 500.

Institutional & Insider Ownership

89.3% of MongoDB shares are held by institutional investors. Comparatively, 41.5% of shares of all “Software” companies are held by institutional investors. 2.6% of MongoDB shares are held by company insiders. Comparatively, 19.9% of shares of all “Software” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Analyst Ratings

This is a summary of recent recommendations and price targets for MongoDB and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
MongoDB	0	7	30	2	2.87
MongoDB Competitors	5840	21623	45013	1501	2.57

MongoDB presently has a consensus price target of $460.59, suggesting a potential upside of 39.61%. As a group, “Software” companies have a potential upside of 28.63%. Given MongoDB’s stronger consensus rating and higher probable upside, equities research analysts clearly believe MongoDB is more favorable than its peers.

Valuation & Earnings

This table compares MongoDB and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
MongoDB	$2.46 billion	-$71.15 million	464.65
MongoDB Competitors	$1.79 billion	$382.68 million	112.03

MongoDB has higher revenue, but lower earnings than its peers. MongoDB is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Summary

MongoDB beats its peers on 10 of the 13 factors compared.

MongoDB Company Profile

MongoDB, Inc. develops database software and related services for businesses and developers. Its core product, MongoDB, is a document database designed to store and manage data in a flexible format for applications across a range of industries and use cases. The company offers MongoDB Atlas, a managed cloud database service available across major cloud platforms, as well as software that customers can deploy in their own environments. MongoDB also provides tools and services for application development, database management, security, and data operations.