Currenc Group (NASDAQ:CURR – Get Free Report) 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 analyst recommendations, risk, earnings, profitability, institutional ownership, valuation and dividends.
Volatility and Risk
Currenc Group has a beta of 0.02, indicating that its share price is 98% less volatile than the S&P 500. Comparatively, Currenc Group’s rivals have a beta of -0.08, indicating that their average share price is 108% less volatile than the S&P 500.
Institutional and Insider 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
| 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 and Valuation
This table compares Currenc Group and its rivals top-line revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Currenc Group | $46.44 million | -$39.47 million | -3.52 |
| Currenc Group Competitors | $41.37 million | -$18.54 million | 93.19 |
Currenc Group has higher revenue, but lower earnings than its rivals. 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.
Analyst Recommendations
This is a breakdown of current recommendations and price targets for Currenc Group and its rivals, 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 | 225 | 265 | 217 | 3 | 2.00 |
Currenc Group presently has a consensus target price of $3.50, indicating a potential upside of 12.90%. As a group, “UNCLASSIFIED” companies have a potential upside of 199.21%. Given Currenc Group’s rivals higher possible upside, analysts plainly believe Currenc Group has less favorable growth aspects than its rivals.
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.
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