Roadzen (NASDAQ:RDZN) & SmartRent (NYSE:SMRT) Head-To-Head Review

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

Profitability

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

	Net Margins	Return on Equity	Return on Assets
SmartRent	-12.97%	-8.50%	-6.27%
Roadzen	-46.90%	N/A	-45.21%

Volatility and Risk

SmartRent has a beta of 1.64, suggesting that its share price is 64% more volatile than the S&P 500. Comparatively, Roadzen has a beta of 1.25, suggesting that its share price is 25% more volatile than the S&P 500.

Valuation and Earnings

This table compares SmartRent and Roadzen”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
SmartRent	$151.20 million	1.58	-$60.56 million	($0.10)	-12.45
Roadzen	$55.02 million	1.75	-$22.52 million	($0.36)	-3.14

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

Analyst Ratings

This is a summary of current recommendations and price targets for SmartRent and Roadzen, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
SmartRent	1	2	1	0	2.00
Roadzen	1	1	0	0	1.50

SmartRent currently has a consensus target price of $1.48, suggesting a potential upside of 18.47%. Given SmartRent’s stronger consensus rating and higher possible upside, research analysts plainly believe SmartRent is more favorable than Roadzen.

Insider and Institutional Ownership

59.4% of SmartRent shares are held by institutional investors. Comparatively, 24.7% of Roadzen shares are held by institutional investors. 2.3% of SmartRent shares are held by company insiders. Comparatively, 29.5% of Roadzen shares 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.

Summary

SmartRent beats Roadzen on 9 of the 14 factors compared between the two stocks.

About SmartRent

SmartRent, Inc., an enterprise software company, provides an integrated smart home operating system to residential property owners and operators, homebuilders, institutional home buyers, developers, and residents in the United States. The company’s products and solutions include smart apartments and homes, access control for buildings, common areas, and rental units, asset protection and monitoring, parking management, self-guided tours, and community and resident Wi-Fi. It also offers professional services to customers, which include training, installation, and support services. The company was founded in 2017 and is headquartered in Scottsdale, Arizona.

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.