Financial Comparison: Roadzen (NASDAQ:RDZN) vs. NI (NASDAQ:NODK)

NI (NASDAQ:NODK) and Roadzen (NASDAQ:RDZN) are both small-cap finance companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, valuation, earnings, risk, dividends and profitability.

Analyst Ratings

This is a breakdown of recent ratings and target prices for NI and Roadzen, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NI	1	0	0	0	1.00
Roadzen	1	0	0	0	1.00

Institutional and Insider Ownership

21.9% of NI shares are owned by institutional investors. Comparatively, 24.7% of Roadzen shares are owned by institutional investors. 1.2% of NI shares are owned by company insiders. Comparatively, 26.8% of Roadzen shares are owned 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.

Volatility and Risk

NI has a beta of 0.37, suggesting that its share price is 63% less volatile than the S&P 500. Comparatively, Roadzen has a beta of 0.46, suggesting that its share price is 54% less volatile than the S&P 500.

Valuation & Earnings

This table compares NI and Roadzen”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
NI	$325.20 million	0.84	-$6.06 million	$0.13	102.38
Roadzen	$44.30 million	2.99	-$72.87 million	($0.12)	-13.92

NI has higher revenue and earnings than Roadzen. Roadzen is trading at a lower price-to-earnings ratio than NI, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares NI and Roadzen’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
NI	0.87%	1.05%	0.47%
Roadzen	-18.25%	N/A	-25.39%

Summary

NI beats Roadzen on 7 of the 11 factors compared between the two stocks.

About NI

NI Holdings, Inc. underwrites property and casualty insurance products in the United States. Its products include private passenger auto, non-standard automobile, homeowners, farm owners, crop hail and multi-peril crop, and liability insurance policies. The company was founded in 1946 and is headquartered in Fargo, North Dakota. NI Holdings, Inc. operates as a subsidiary of Nodak Mutual Group, Inc.

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.