Currenc Group (CURR) and Its Competitors Head to Head Comparison

Currenc Group (NASDAQ:CURR) is one of 340 public companies in the “Financial Services” industry, but how does it weigh in compared to its peers? We will compare Currenc Group to similar businesses based on the strength of its institutional ownership, valuation, analyst recommendations, earnings, risk, dividends and profitability.

Volatility & Risk

Currenc Group has a beta of 0.17, meaning that its stock price is 83% less volatile than the S&P 500. Comparatively, Currenc Group’s peers have a beta of 2.51, meaning that their average stock price is 151% more volatile than the S&P 500.

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$37.81 million	-$18.43 million	-6.10
Currenc Group Competitors	$6.47 billion	$1.09 billion	10.00

Currenc Group’s peers have higher revenue and earnings than Currenc Group. 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.

Insider and Institutional Ownership

56.0% of Currenc Group shares are held by institutional investors. Comparatively, 42.9% of shares of all “Financial Services” companies are held by institutional investors. 43.3% of Currenc Group shares are held by insiders. Comparatively, 22.1% of shares of all “Financial Services” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

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	N/A	N/A	N/A
Currenc Group Competitors	-338.57%	-39.92%	-5.61%

Analyst Ratings

This is a summary of recent recommendations for Currenc Group and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Currenc Group	2	0	0	0	1.00
Currenc Group Competitors	1986	6965	11748	446	2.50

As a group, “Financial Services” companies have a potential downside of 8.09%. Given Currenc Group’s peers stronger consensus rating and higher possible upside, analysts clearly believe Currenc Group has less favorable growth aspects than its peers.

Summary

Currenc Group peers beat Currenc Group on 8 of the 13 factors compared.

About Currenc Group

Currenc Group Inc. (NASDAQ: CURR) is a financial technology and payment services company focused on facilitating cross-border transactions. Through its operating businesses, the company provides international money transfer, foreign exchange and related payment solutions for individuals and businesses. Currenc Group’s services are designed to support remittances and other global payment needs, including the movement of funds between different currencies and jurisdictions. Its offerings are intended to provide customers with convenient alternatives for sending and receiving money internationally.