Currenc Group (CURR) versus Its Competitors Financial Review

Currenc Group (NASDAQ:CURR) is one of 89 public companies in the “UNCLASSIFIED” industry, but how does it weigh in compared to its rivals? We will compare Currenc Group to related companies based on the strength of its analyst recommendations, dividends, earnings, valuation, risk, profitability 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	-102.10%	N/A	-39.14%
Currenc Group Competitors	0.86%	0.95%	0.80%

Valuation and 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	-3.19
Currenc Group Competitors	$41.40 million	-$17.16 million	92.69

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.

Institutional and Insider Ownership

56.0% of Currenc Group shares are held by institutional investors. Comparatively, 52.0% of shares of all “UNCLASSIFIED” companies are held by institutional investors. 17.8% of Currenc Group shares are held by insiders. Comparatively, 42.9% of shares of all “UNCLASSIFIED” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of current recommendations and price targets for Currenc Group and its rivals, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Currenc Group	1	1	1	1	2.50
Currenc Group Competitors	214	263	217	3	2.01

Currenc Group presently has a consensus price target of $3.50, indicating a potential upside of 3.55%. As a group, “UNCLASSIFIED” companies have a potential upside of 131.00%. Given Currenc Group’s rivals higher possible upside, analysts clearly believe Currenc Group has less favorable growth aspects than its rivals.

Volatility & Risk

Currenc Group has a beta of 0.02, suggesting that its share price is 98% less volatile than the S&P 500. Comparatively, Currenc Group’s rivals have a beta of -0.08, suggesting that their average share price is 108% 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.