Reviewing Currenc Group (CURR) and Its Rivals

Currenc Group (NASDAQ:CURR) is one of 89 public companies in the “UNCLASSIFIED” industry, but how does it compare to its rivals? We will compare Currenc Group to related businesses based on the strength of its risk, profitability, earnings, institutional ownership, analyst recommendations, dividends and valuation.

Risk and Volatility

Currenc Group has a beta of -0.13, suggesting that its stock price is 113% less volatile than the S&P 500. Comparatively, Currenc Group’s rivals have a beta of -0.11, suggesting that their average stock price is 111% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Currenc Group and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Currenc Group	1	1	1	1	2.50
Currenc Group Competitors	197	260	217	3	2.04

Currenc Group currently has a consensus target price of $3.50, indicating a potential upside of 112.12%. As a group, “UNCLASSIFIED” companies have a potential upside of 60.68%. Given Currenc Group’s stronger consensus rating and higher probable upside, research analysts plainly believe Currenc Group is more favorable than its rivals.

Earnings and Valuation

This table compares Currenc Group and its rivals revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$46.44 million	-$39.47 million	-1.56
Currenc Group Competitors	$47.83 million	-$19.62 million	42.15

Currenc Group’s rivals have higher revenue and earnings than Currenc Group. Currenc Group is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Currenc Group and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Currenc Group	-102.10%	N/A	-39.14%
Currenc Group Competitors	0.86%	0.95%	0.80%

Institutional and Insider Ownership

56.0% of Currenc Group shares are held by institutional investors. Comparatively, 52.0% of shares of all “UNCLASSIFIED” companies are held by institutional investors. 17.8% of Currenc Group shares are held by company insiders. Comparatively, 44.1% of shares of all “UNCLASSIFIED” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Currenc Group rivals beat Currenc Group on 9 of the 13 factors compared.

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.