Contrasting Roadzen (NASDAQ:RDZN) and CorVel (NASDAQ:CRVL)

CorVel (NASDAQ:CRVL) and Roadzen (NASDAQ:RDZN) are both business services companies, but which is the superior business? We will compare the two companies based on the strength of their profitability, valuation, institutional ownership, dividends, analyst recommendations, risk and earnings.

Risk & Volatility

CorVel has a beta of 1.08, indicating that its stock price is 8% more volatile than the S&P 500. Comparatively, Roadzen has a beta of 0.61, indicating that its stock price is 39% less volatile than the S&P 500.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
CorVel	9.55%	33.26%	17.55%
Roadzen	N/A	N/A	N/A

Analyst Recommendations

This is a summary of current ratings and target prices for CorVel and Roadzen, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
CorVel	0	0	0	0	N/A
Roadzen	0	0	1	0	3.00

Roadzen has a consensus target price of $10.00, suggesting a potential upside of 693.65%. Given Roadzen’s higher probable upside, analysts clearly believe Roadzen is more favorable than CorVel.

Earnings & Valuation

This table compares CorVel and Roadzen’s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
CorVel	$816.78 million	6.32	$76.25 million	$4.40	68.30
Roadzen	$46.72 million	1.85	-$99.67 million	N/A	N/A

CorVel has higher revenue and earnings than Roadzen.

Insider & Institutional Ownership

51.4% of CorVel shares are owned by institutional investors. Comparatively, 24.7% of Roadzen shares are owned by institutional investors. 47.6% of CorVel shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

CorVel beats Roadzen on 9 of the 11 factors compared between the two stocks.

About CorVel

CorVel Corporation provides workers' compensation, auto, liability, and health solutions for employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement services, retrospective utilization review, facility claim review, professional review, pharmacy services, directed care services, Medicare solutions, clearinghouse services, independent medical examinations, and inpatient medical bill review. It also provides a range of patient management services, such as claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning, as well as processing of claims for self-insured payors with respect to property and casualty insurance. The company was incorporated in 1987 and is based in Fort Worth, Texas.

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.