Currenc Group (CURR) versus Its Rivals Financial Comparison

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

Institutional and 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 company insiders. Comparatively, 42.7% of shares of all “UNCLASSIFIED” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Risk & Volatility

Currenc Group has a beta of 0.01, indicating that its stock price is 99% less volatile than the S&P 500. Comparatively, Currenc Group’s rivals have a beta of -0.08, indicating that their average stock price is 108% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of current ratings 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	242	267	217	3	1.97

Currenc Group currently has a consensus target price of $3.50, suggesting a potential upside of 28.68%. 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.

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$40.23 million	-$39.47 million	-3.09
Currenc Group Competitors	$203.60 million	-$18.84 million	92.76

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.

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%

Summary

Currenc Group rivals beat Currenc Group on 8 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.