Analyzing Currenc Group (CURR) and Its Peers

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

Analyst Ratings

This is a summary of recent ratings and price targets for Currenc Group and its peers, 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	242	267	217	3	1.97

Currenc Group presently has a consensus target price of $3.50, suggesting a potential upside of 28.68%. As a group, “UNCLASSIFIED” companies have a potential upside of 231.88%. Given Currenc Group’s peers higher possible upside, analysts plainly believe Currenc Group has less favorable growth aspects than its peers.

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$40.23 million	-$39.47 million	-3.09
Currenc Group Competitors	$203.60 million	-$18.84 million	92.76

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

Risk & Volatility

Currenc Group has a beta of 0.01, indicating that its share price is 99% less volatile than the S&P 500. Comparatively, Currenc Group’s peers have a beta of -0.08, indicating that their average share price is 108% less volatile than the S&P 500.

Profitability

This table compares Currenc Group and its peers’ 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%

Institutional & Insider 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 company insiders. Comparatively, 42.7% of shares of all “UNCLASSIFIED” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

Currenc Group peers 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.