Head-To-Head Review: Roadzen (RDZN) & Its Rivals

Roadzen (NASDAQ:RDZN) is one of 953 public companies in the “Software” industry, but how does it compare to its competitors? We will compare Roadzen to similar companies based on the strength of its analyst recommendations, earnings, profitability, dividends, institutional ownership, valuation and risk.

Institutional and Insider Ownership

24.7% of Roadzen shares are owned by institutional investors. Comparatively, 41.9% of shares of all “Software” companies are owned by institutional investors. 29.5% of Roadzen shares are owned by company insiders. Comparatively, 19.9% of shares of all “Software” companies are owned by company 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 Roadzen and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Roadzen	-46.90%	N/A	-45.21%
Roadzen Competitors	-612.40%	21.13%	-8.86%

Volatility and Risk

Roadzen has a beta of 1.27, indicating that its share price is 27% more volatile than the S&P 500. Comparatively, Roadzen’s competitors have a beta of 1.34, indicating that their average share price is 34% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings and target prices for Roadzen and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Roadzen	1	1	0	0	1.50
Roadzen Competitors	5754	21554	44941	1498	2.57

As a group, “Software” companies have a potential upside of 29.71%. Given Roadzen’s competitors stronger consensus rating and higher possible upside, analysts plainly believe Roadzen has less favorable growth aspects than its competitors.

Earnings and Valuation

This table compares Roadzen and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Roadzen	$55.02 million	-$22.52 million	-3.14
Roadzen Competitors	$1.80 billion	$385.91 million	108.60

Roadzen’s competitors have higher revenue and earnings than Roadzen. Roadzen 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.

Summary

Roadzen competitors beat Roadzen on 11 of the 13 factors compared.

About Roadzen

Roadzen, Inc., an insurtech company, provides various insurance products in the United States and internationally. It offers insurance as a service platform, including Via, which enables fleets, carmakers, and insurers to inspect a vehicle using computer vision; Global Distribution Network that enables the configuration, customer quote, payment, and administration of any insurance policy with any insurance carrier as the underwriter; xClaim, which enables digital, touchless, and real-time resolution of claims; StrandD, a digital, real-time dispatch, and tracking for roadside assistance and first notice of loss during accident claims; Good Driving that enables insurers and fleets to recognize drivers, train drivers, and build usage based insurance programs; and Drivebuddy AI, which provides driver-assistance capabilities. The company also provides insurance distribution platform that enables product creation and underwriting, re-insurer backing, and API exchange; and distribution, pre-inspection assistance, telematics, and roadside assistance. In addition, it offers insurance broker services. Roadzen, Inc. was founded in 2015 and is based in Burlingame, California.