Currenc Group (CURR) & The Competition Critical Contrast

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

Insider and 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. 17.8% of Currenc Group shares are owned by company insiders. Comparatively, 43.7% 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 stock will outperform the market over the long term.

Risk & Volatility

Currenc Group has a beta of 0.02, meaning that its stock price is 98% less volatile than the S&P 500. Comparatively, Currenc Group’s competitors have a beta of -0.09, meaning that their average stock price is 109% 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	-84.72%	N/A	-34.02%
Currenc Group Competitors	0.86%	0.95%	0.80%

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	$40.23 million	-$39.47 million	-3.01
Currenc Group Competitors	$203.60 million	-$18.84 million	69.77

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.

Analyst Recommendations

This is a summary of recent ratings for Currenc Group and its competitors, 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	255	268	217	3	1.96

Currenc Group currently has a consensus target price of $3.50, indicating a potential upside of 32.08%. As a group, “UNCLASSIFIED” companies have a potential upside of 224.79%. Given Currenc Group’s competitors higher probable upside, analysts plainly believe Currenc Group has less favorable growth aspects than its competitors.

Summary

Currenc Group competitors beat Currenc Group on 9 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.