Analyzing Currenc Group (CURR) & Its Peers

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

Volatility & Risk

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

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Currenc Group and its peers, 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 presently has a consensus target price of $3.50, suggesting a potential upside of 84.21%. As a group, “UNCLASSIFIED” companies have a potential upside of 68.14%. Given Currenc Group’s stronger consensus rating and higher probable upside, research analysts clearly believe Currenc Group is more favorable than its peers.

Earnings and Valuation

This table compares Currenc Group and its peers top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$46.44 million	-$39.47 million	-1.79
Currenc Group Competitors	$47.83 million	-$19.62 million	95.64

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

Institutional and Insider Ownership

56.0% of Currenc Group shares are held by institutional investors. Comparatively, 51.0% of shares of all “UNCLASSIFIED” companies are held by institutional investors. 43.3% of Currenc Group shares are held by insiders. Comparatively, 42.2% of shares of all “UNCLASSIFIED” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Profitability

This table compares Currenc Group and its peers’ 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%

Summary

Currenc Group peers beat Currenc Group on 8 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.