Roadzen (NASDAQ:RDZN – Get Free Report) is one of 38 publicly-traded companies in the “Insurance agents, brokers, & service” industry, but how does it weigh in compared to its competitors? We will compare Roadzen to similar businesses based on the strength of its profitability, dividends, institutional ownership, risk, valuation, analyst recommendations and earnings.
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 | -4.24% | -1,222.43% | -7.01% |
Valuation & Earnings
This table compares Roadzen and its competitors top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Roadzen | $46.72 million | -$99.67 million | -0.30 |
Roadzen Competitors | $3.86 billion | $500.23 million | 32.47 |
Analyst Recommendations
This is a breakdown of current ratings for Roadzen and its competitors, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Roadzen | 0 | 0 | 1 | 0 | 3.00 |
Roadzen Competitors | 197 | 1243 | 1393 | 34 | 2.44 |
Roadzen presently has a consensus target price of $10.00, suggesting a potential upside of 1,025.62%. As a group, “Insurance agents, brokers, & service” companies have a potential downside of 0.38%. Given Roadzen’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Roadzen is more favorable than its competitors.
Insider and Institutional Ownership
24.7% of Roadzen shares are held by institutional investors. Comparatively, 54.7% of shares of all “Insurance agents, brokers, & service” companies are held by institutional investors. 19.8% of shares of all “Insurance agents, brokers, & service” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
Volatility and Risk
Roadzen has a beta of 0.63, meaning that its stock price is 37% 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 9 of the 12 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.
Receive News & Ratings for Roadzen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roadzen and related companies with MarketBeat.com's FREE daily email newsletter.