Roadzen (RDZN) and Its Competitors Financial Review

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

Risk & Volatility

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

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Roadzen and its peers, as reported by MarketBeat.com.

	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 peers stronger consensus rating and higher possible upside, analysts plainly believe Roadzen has less favorable growth aspects than its peers.

Profitability

This table compares Roadzen and its peers’ 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%

Valuation and Earnings

This table compares Roadzen and its peers revenue, earnings per share (EPS) 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 peers have higher revenue and earnings than Roadzen. Roadzen is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Insider and Institutional Ownership

24.7% of Roadzen shares are held by institutional investors. Comparatively, 41.9% of shares of all “Software” companies are held by institutional investors. 29.5% of Roadzen shares are held by insiders. Comparatively, 19.9% of shares of all “Software” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

Roadzen peers 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.