Head to Head Review: Currenc Group (CURR) vs. Its Competitors

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

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	-84.72%	N/A	-34.02%
Currenc Group Competitors	0.86%	0.95%	0.80%

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$41.09 million	-$39.47 million	-3.84
Currenc Group Competitors	$40.61 million	-$18.54 million	93.31

Currenc Group has higher revenue, but lower earnings than its peers. 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.

Analyst Ratings

This is a breakdown of current ratings and price targets for Currenc Group and its peers, 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	224	265	217	3	2.00

Currenc Group presently has a consensus price target of $3.50, suggesting a potential upside of 3.55%. As a group, “UNCLASSIFIED” companies have a potential upside of 191.19%. Given Currenc Group’s peers higher probable upside, analysts clearly believe Currenc Group has less favorable growth aspects than its peers.

Volatility & Risk

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

Institutional & Insider Ownership

56.0% of Currenc Group shares are owned by institutional investors. Comparatively, 52.0% of shares of all “UNCLASSIFIED” companies are owned by institutional investors. 17.8% of Currenc Group shares are owned by company insiders. Comparatively, 42.9% 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 stock will outperform the market over the long term.

Summary

Currenc Group peers 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.