MetaCap

Forum Markets (FRMM) vs Roadzen (RDZN)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Roadzen (RDZN) has outperformed Forum Markets (FRMM) over the past year, losing 16.4% versus a loss of 80.6%. Roadzen is the larger company by market cap ($95.4 million vs $59.3 million), about 1.6 times the size. On valuation, Roadzen trades at a lower forward P/E (10.2x vs 74.8x for Forum Markets).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

FRMM-80.65%RDZN-16.42%
+88%-6%-101%
Oct 8, 20251 yearOct 8, 2026
FRMM-99.96%RDZN-88.65%
+21%-42%-106%
Jan 10, 20225 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

FRMM versus RDZN key metrics
MetricFRMMRDZN
Share price$4.49$1.12
Market cap$59.26M$95.38M
1-day change-5.57%-5.88%
YTD return-8.37%-53.53%
1-year return-80.65%-16.42%
5-year return-99.98%—
P/E ratio (TTM)—5.09
Forward P/E74.8310.18
EPS (TTM)$-1,696.83$0.22
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
52-week high$24.44$2.56
52-week low$1.76$0.99
Distance from 52-week high-81.63%-56.25%
Analyst consensusstrong_buynone
Avg. price target upside+111.58%+346.43%
Average volume183.07K332.54K
Shares outstanding13.20M85.17M
Employees—458
SectorTechnologyTechnology
IndustrySoftware - ApplicationSoftware - Application

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • RDZN has outperformed FRMM by 64.2 percentage points over the past year.

About Forum Markets

FRMM stock →

Forum Markets, Incorporated, a financial technology company, develops a blockchain-based platform focused on the acquisition, structuring, and tokenization of real-world assets worldwide. The company facilitates decentralized finance (DeFi) transactions and asset digitization across multiple Layer 2 Ethereum networks.

Technology · Software - Application

About Roadzen

RDZN stock →

Roadzen, Inc. operates an Insurtech company in India, the United States, the United Kingdom, and Europe.

Technology · Software - Application · 458 employees

FRMM vs RDZN FAQ

Which is bigger, Forum Markets or Roadzen?

Roadzen (RDZN) is larger, with a market capitalization of $95.38M compared with $59.26M for Forum Markets (FRMM).

Which stock has performed better over the past year, FRMM or RDZN?

RDZN returned -16.42% over the past 12 months, compared with -80.65% for FRMM (price return, excluding dividends). Past performance does not predict future results.

Are Forum Markets and Roadzen in the same industry?

Yes. Both are classified in the Software - Application industry within the Technology sector.

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