Financial Contrast: Currenc Group (CURR) versus Its Competitors

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 related companies based on the strength of its dividends, risk, analyst recommendations, institutional ownership, valuation, earnings and profitability.

Insider & Institutional Ownership

56.0% of Currenc Group shares are owned by institutional investors. Comparatively, 51.0% of shares of all “UNCLASSIFIED” companies are owned by institutional investors. 43.3% of Currenc Group shares are owned by insiders. Comparatively, 42.7% 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 stock will outperform the market over the long term.

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$46.44 million	-$39.47 million	-3.04
Currenc Group Competitors	$41.37 million	-$18.54 million	92.96

Currenc Group has higher revenue, but lower earnings than its competitors. 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.

Analyst Recommendations

This is a breakdown of current ratings and price targets for Currenc Group and its competitors, 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	217	264	217	3	2.01

Currenc Group presently has a consensus price target of $3.50, suggesting a potential upside of 8.70%. As a group, “UNCLASSIFIED” companies have a potential upside of 165.73%. Given Currenc Group’s competitors higher probable upside, analysts clearly believe Currenc Group has less favorable growth aspects than its competitors.

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	-84.72%	N/A	-32.58%
Currenc Group Competitors	0.86%	0.95%	0.80%

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 competitors have a beta of -0.08, meaning that their average share price is 108% less volatile than the S&P 500.

Summary

Currenc Group competitors beat Currenc Group on 7 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.