Contrasting Remitly Global (NASDAQ:RELY) and CURRENC Group (NASDAQ:CURR)

CURRENC Group (NASDAQ:CURR) and Remitly Global (NASDAQ:RELY) are both companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, risk, earnings, valuation, profitability, analyst recommendations and dividends.

Analyst Ratings

This is a summary of recent ratings and target prices for CURRENC Group and Remitly Global, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
CURRENC Group	0	0	1	1	3.50
Remitly Global	0	1	8	0	2.89

CURRENC Group presently has a consensus price target of $3.50, indicating a potential upside of 148.23%. Remitly Global has a consensus price target of $28.50, indicating a potential upside of 36.10%. Given CURRENC Group’s stronger consensus rating and higher possible upside, analysts plainly believe CURRENC Group is more favorable than Remitly Global.

Profitability

This table compares CURRENC Group and Remitly Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
CURRENC Group	N/A	N/A	N/A
Remitly Global	-2.93%	-6.10%	-3.69%

Institutional & Insider Ownership

56.0% of CURRENC Group shares are held by institutional investors. Comparatively, 74.3% of Remitly Global shares are held by institutional investors. 43.3% of CURRENC Group shares are held by company insiders. Comparatively, 8.1% of Remitly Global shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Valuation and Earnings

This table compares CURRENC Group and Remitly Global”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
CURRENC Group	$46.44 million	1.41	N/A	N/A	N/A
Remitly Global	$1.26 billion	3.38	-$117.84 million	($0.19)	-110.21

CURRENC Group has higher earnings, but lower revenue than Remitly Global.

Risk and Volatility

CURRENC Group has a beta of -0.17, meaning that its share price is 117% less volatile than the S&P 500. Comparatively, Remitly Global has a beta of 0.15, meaning that its share price is 85% less volatile than the S&P 500.

Summary

CURRENC Group beats Remitly Global on 7 of the 12 factors compared between the two stocks.

About CURRENC Group

Currenc Group, Inc. engages in operating a fintech banking platform. It operates through the following segments: Remittance Services, Sales of Airtime, and Other Services. The company is headquartered in Singapore.

About Remitly Global

Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 170 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.