Critical Review: Currenc Group (CURR) & Its Peers

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

Analyst Ratings

This is a summary of recent recommendations for Currenc Group and its rivals, 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	254	268	217	3	1.96

Currenc Group presently has a consensus target price of $3.50, suggesting a potential upside of 49.57%. As a group, “UNCLASSIFIED” companies have a potential upside of 231.88%. Given Currenc Group’s rivals higher probable upside, analysts plainly believe Currenc Group has less favorable growth aspects than its rivals.

Insider & Institutional 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 insiders. Comparatively, 42.9% of shares of all “UNCLASSIFIED” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

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

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$40.23 million	-$39.47 million	-2.66
Currenc Group Competitors	$203.60 million	-$18.84 million	70.89

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.

Risk & Volatility

Currenc Group has a beta of 0.02, meaning that its stock price is 98% less volatile than the S&P 500. Comparatively, Currenc Group’s rivals have a beta of -0.09, meaning that their average stock price is 109% less volatile than the S&P 500.

Summary

Currenc Group rivals beat Currenc Group on 9 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.