Roadzen (NASDAQ:RDZN – Get Free Report) is one of 40 public companies in the “Insurance agents, brokers, & service” industry, but how does it compare to its competitors? We will compare Roadzen to related businesses based on the strength of its dividends, institutional ownership, risk, earnings, analyst recommendations, profitability and valuation.
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 | -287.82% | -31,166.20% | -221.81% |
Roadzen Competitors | -4.92% | -1,129.88% | -6.43% |
Insider & Institutional Ownership
24.7% of Roadzen shares are owned by institutional investors. Comparatively, 55.3% of shares of all “Insurance agents, brokers, & service” companies are owned by institutional investors. 19.8% of shares of all “Insurance agents, brokers, & service” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Earnings & Valuation
Gross Revenue | Net Income | Price/Earnings Ratio | |
Roadzen | $46.72 million | -$99.67 million | -0.30 |
Roadzen Competitors | $8.83 billion | $740.03 million | 19.53 |
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.
Analyst Recommendations
This is a summary of recent ratings and price targets for Roadzen and its competitors, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Roadzen | 0 | 0 | 2 | 0 | 3.00 |
Roadzen Competitors | 199 | 1285 | 1433 | 36 | 2.44 |
Roadzen currently has a consensus price target of $8.00, indicating a potential upside of 781.35%. As a group, “Insurance agents, brokers, & service” companies have a potential downside of 4.24%. Given Roadzen’s stronger consensus rating and higher probable upside, analysts clearly believe Roadzen is more favorable than its competitors.
Risk & Volatility
Roadzen has a beta of 0.66, meaning that its stock price is 34% less volatile than the S&P 500. Comparatively, Roadzen’s competitors have a beta of 1.57, meaning that their average stock price is 57% more volatile than the S&P 500.
Summary
Roadzen competitors beat Roadzen on 10 of the 13 factors compared.
Roadzen Company Profile
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.
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