Analyzing Currenc Group (CURR) and Its Rivals

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

Institutional and Insider Ownership

56.0% of Currenc Group shares are held by institutional investors. Comparatively, 52.0% of shares of all “UNCLASSIFIED” companies are held by institutional investors. 17.8% of Currenc Group shares are held by insiders. Comparatively, 44.1% of shares of all “UNCLASSIFIED” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$46.44 million	-$39.47 million	-1.56
Currenc Group Competitors	$47.83 million	-$19.62 million	42.15

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.

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%

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Currenc Group and its competitors, 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	197	260	217	3	2.04

Currenc Group presently has a consensus target price of $3.50, suggesting a potential upside of 112.12%. As a group, “UNCLASSIFIED” companies have a potential upside of 60.68%. Given Currenc Group’s stronger consensus rating and higher possible upside, analysts clearly believe Currenc Group is more favorable than its competitors.

Risk and Volatility

Currenc Group has a beta of -0.13, indicating that its share price is 113% less volatile than the S&P 500. Comparatively, Currenc Group’s competitors have a beta of -0.11, indicating that their average share price is 111% less volatile than the S&P 500.

Summary

Currenc Group competitors beat Currenc Group on 9 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.