Audioeye, Inc. (AEYE) vs Roadzen Inc. (RDZN)

Audioeye, Inc. and Roadzen Inc. are both Software Application companies. Roadzen Inc. is the larger, with a market value of $109.4M against $90.5M — 1.2× the size. Roadzen Inc. grew revenue faster over the last twelve months: 30.5% against 9.81%. Audioeye, Inc. has the higher net margin (−10.9% vs −46.9%) and the lower return on invested capital (−20.7% vs 0.00%). Across the 16 metrics below, Audioeye, Inc. leads on 9 and Roadzen Inc. on 7.

Valuation

Metric AEYE RDZN Software Application median
P/E n/m n/m 24.79
P/S 2.04 1.92 2.67
P/B 26.58 n/m 3.01
Price to free cash flow 21.53 n/m 16.59
EV/EBITDA 169.47 n/m 14.40
EV/Sales 2.22 2.36 2.62
Earnings yield (5.25%) (25.71%) 0.00%
Free cash flow yield 4.65% (20.74%) 1.91%

Profitability

Metric AEYE RDZN Software Application median
Gross margin 78.35% 60.68% 67.03%
Operating margin (8.60%) (21.57%) 0.00%
Net margin (10.92%) (46.90%) 0.00%
Free cash flow margin 9.48% (39.81%) 4.32%
Return on equity (86.74%) 95.26% 0.00%
Return on assets (13.33%) (70.17%) 0.00%
Return on invested capital (20.67%) 0.00% 0.00%

Growth

Metric AEYE RDZN Software Application median
Revenue growth (TTM) 9.81% 30.54% 12.40%
EPS growth (last fiscal year) 30.56% 72.12% —
Revenue growth, 5-year CAGR 14.51% — 13.72%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric AEYE RDZN Software Application median
Debt to equity 5.09 (1.08) 0.02
Current ratio 1.06 0.45 1.55
Net debt to EBITDA 3.78 (2.25) 0.06

Dividend

Metric AEYE RDZN Software Application median
Dividend yield — — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric AEYE RDZN Software Application median
Market cap 90.50m 109.44m 396.11m

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