Critical Analysis: Currenc Group (CURR) versus Its Rivals

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

Volatility and Risk

Currenc Group has a beta of -0.13, indicating that its share price is 113% less volatile than the S&P 500. Comparatively, Currenc Group’s competitors have a beta of -0.11, indicating that their average share price is 111% less volatile than the S&P 500.

Profitability

This table compares Currenc Group and its competitors’ 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 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, 42.2% of shares of all “UNCLASSIFIED” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Analyst Recommendations

This is a summary of recent ratings and target prices for Currenc Group and its competitors, 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	204	261	217	3	2.03

Currenc Group currently has a consensus price target of $3.50, indicating a potential upside of 59.82%. As a group, “UNCLASSIFIED” companies have a potential upside of 82.25%. Given Currenc Group’s competitors higher probable upside, analysts clearly believe Currenc Group has less favorable growth aspects than its competitors.

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$46.44 million	-$39.47 million	-2.07
Currenc Group Competitors	$47.83 million	-$19.62 million	95.82

Currenc Group’s competitors have higher revenue and earnings than Currenc Group. Currenc Group is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Summary

Currenc Group competitors beat Currenc Group on 9 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.