Currenc Group (CURR) vs. Its Competitors Financial Comparison

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

Institutional and Insider Ownership

56.0% of Currenc Group shares are owned by institutional investors. Comparatively, 51.0% of shares of all “UNCLASSIFIED” companies are owned by institutional investors. 43.3% of Currenc Group shares are owned by company insiders. Comparatively, 42.2% of shares of all “UNCLASSIFIED” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$46.44 million	-$39.47 million	-2.07
Currenc Group Competitors	$47.83 million	-$19.62 million	95.82

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

Profitability

This table compares Currenc Group and its competitors’ 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%

Risk and Volatility

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 competitors have a beta of -0.11, indicating that their average share price is 111% less volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings for Currenc Group and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Currenc Group	1	1	1	1	2.50
Currenc Group Competitors	204	261	217	3	2.03

Currenc Group presently has a consensus price target of $3.50, indicating a potential upside of 59.82%. As a group, “UNCLASSIFIED” companies have a potential upside of 82.25%. Given Currenc Group’s competitors higher probable upside, analysts plainly believe Currenc Group has less favorable growth aspects than its competitors.

Summary

Currenc Group competitors 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.