Financial Review: Currenc Group (CURR) & The Competition

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 similar businesses based on the strength of its profitability, earnings, risk, valuation, institutional ownership, dividends and analyst recommendations.

Institutional & 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, 42.7% of shares of all “UNCLASSIFIED” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Volatility & Risk

Currenc Group has a beta of 0.02, meaning that its share price is 98% less volatile than the S&P 500. Comparatively, Currenc Group’s rivals have a beta of -0.08, meaning that their average share price is 108% less volatile than the S&P 500.

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%

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$46.44 million	-$39.47 million	-2.32
Currenc Group Competitors	$47.83 million	-$19.62 million	93.03

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.

Analyst Ratings

This is a breakdown of recent ratings and target prices for Currenc Group and its rivals, 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	206	262	217	3	2.02

Currenc Group presently has a consensus target price of $3.50, indicating a potential upside of 42.28%. As a group, “UNCLASSIFIED” companies have a potential upside of 119.02%. Given Currenc Group’s rivals higher possible upside, analysts clearly believe Currenc Group has less favorable growth aspects than its rivals.

Summary

Currenc Group rivals 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.