Contrasting Currenc Group (CURR) & Its Competitors

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

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	1.28%	1.37%	1.15%

Analyst Ratings

This is a summary of current ratings and recommmendations 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	282	269	217	3	1.92

Currenc Group currently has a consensus target price of $3.50, indicating a potential upside of 32.83%. As a group, “UNCLASSIFIED” companies have a potential upside of 204.00%. Given Currenc Group’s rivals higher possible upside, analysts clearly believe Currenc Group has less favorable growth aspects than its rivals.

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$46.44 million	-$39.47 million	-2.99
Currenc Group Competitors	$36.19 million	-$16.78 million	74.06

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.

Insider and Institutional 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 company insiders. Comparatively, 44.7% of shares of all “UNCLASSIFIED” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Volatility & Risk

Currenc Group has a beta of 0.02, meaning that its share price is 98% less volatile than the S&P 500. Comparatively, Currenc Group’s rivals have a beta of -0.09, meaning that their average share price is 109% less volatile than the S&P 500.

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.