Analyzing Currenc Group (CURR) and 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 rivals? We will compare Currenc Group to similar companies based on the strength of its institutional ownership, earnings, analyst recommendations, valuation, risk, dividends and profitability.

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%

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 large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Volatility and Risk

Currenc Group has a beta of 0.01, meaning that its share price is 99% less volatile than the S&P 500. Comparatively, Currenc Group’s rivals have a beta of -0.07, meaning that their average share price is 107% less volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and target prices 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	206	262	217	3	2.02

Currenc Group currently has a consensus price target of $3.50, indicating a potential upside of 48.31%. As a group, “UNCLASSIFIED” companies have a potential upside of 109.37%. Given Currenc Group’s rivals higher possible upside, analysts clearly believe Currenc Group has less favorable growth aspects than its rivals.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$46.44 million	-$39.47 million	-2.23
Currenc Group Competitors	$47.83 million	-$19.62 million	93.16

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.

Summary

Currenc Group rivals 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.