Currenc Group (CURR) and Its Rivals Financial Review

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

Earnings and 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	-3.57
Currenc Group Competitors	$47.83 million	-$19.62 million	94.45

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.

Institutional & 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, 42.7% of shares of all “UNCLASSIFIED” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Analyst Recommendations

This is a summary of current ratings and target prices for Currenc Group and its competitors, as provided 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	206	262	217	3	2.02

Currenc Group currently has a consensus target price of $3.50, indicating a potential downside of 7.41%. As a group, “UNCLASSIFIED” companies have a potential upside of 94.37%. Given Currenc Group’s competitors higher possible upside, analysts clearly believe Currenc Group has less favorable growth aspects than its competitors.

Volatility & Risk

Currenc Group has a beta of 0.01, suggesting that its stock price is 99% less volatile than the S&P 500. Comparatively, Currenc Group’s competitors have a beta of -0.08, suggesting that their average stock price is 108% less volatile than the S&P 500.

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%

Summary

Currenc Group competitors beat Currenc Group on 8 of the 13 factors compared.

Currenc Group Company Profile

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.