Roadzen (RDZN) versus Its Peers Critical Survey
by Tristan Rich · The Markets DailyRoadzen (NASDAQ:RDZN – Get Free Report) is one of 36 public companies in the “Insurance agents, brokers, & service” industry, but how does it contrast to its peers? We will compare Roadzen to related businesses based on the strength of its analyst recommendations, dividends, profitability, institutional ownership, risk, valuation and earnings.
Institutional & Insider 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 endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Analyst Ratings
This is a breakdown of current ratings and target prices for Roadzen and its peers, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Roadzen | 0 | 0 | 1 | 0 | 3.00 |
| Roadzen Competitors | 194 | 1216 | 1338 | 34 | 2.44 |
Roadzen presently has a consensus target price of $10.00, indicating a potential upside of 1,049.43%. As a group, “Insurance agents, brokers, & service” companies have a potential upside of 0.00%. Given Roadzen’s stronger consensus rating and higher probable upside, analysts plainly believe Roadzen is more favorable than its peers.
Volatility and Risk
Roadzen has a beta of 0.63, indicating that its share price is 37% less volatile than the S&P 500. Comparatively, Roadzen’s peers have a beta of 1.61, indicating that their average share price is 61% more volatile than the S&P 500.
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 | -287.82% | -31,166.20% | -221.81% |
| Roadzen Competitors | -4.62% | -1,277.43% | -7.51% |
Earnings and Valuation
This table compares Roadzen and its peers top-line revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Roadzen | $50.04 million | -$99.67 million | -0.29 |
| Roadzen Competitors | $4.25 billion | $533.07 million | 27.96 |
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.
Summary
Roadzen peers 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.