Critical Analysis: Currenc Group (CURR) versus The Competition

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

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 insiders. Comparatively, 42.7% of shares of all “UNCLASSIFIED” companies are owned by 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.

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	-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 competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$46.44 million	-$39.47 million	-2.89
Currenc Group Competitors	$41.37 million	-$18.84 million	93.51

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

Analyst Recommendations

This is a summary of recent ratings and target prices for Currenc Group and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Currenc Group	1	1	1	1	2.50
Currenc Group Competitors	231	266	217	3	1.99

Currenc Group currently has a consensus target price of $3.50, suggesting a potential upside of 37.80%. As a group, “UNCLASSIFIED” companies have a potential upside of 223.40%. Given Currenc Group’s competitors higher probable upside, analysts clearly believe Currenc Group has less favorable growth aspects than its competitors.

Risk & Volatility

Currenc Group has a beta of 0.01, indicating that its stock price is 99% less volatile than the S&P 500. Comparatively, Currenc Group’s competitors have a beta of -0.09, indicating that their average stock price is 109% less volatile than the S&P 500.

Summary

Currenc Group competitors beat Currenc Group on 7 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.