Analyzing Currenc Group (CURR) and Its Rivals

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 dividends, valuation, risk, institutional ownership, analyst recommendations, profitability and earnings.

Insider and Institutional Ownership

56.0% of Currenc Group shares are owned by institutional investors. Comparatively, 52.0% of shares of all “UNCLASSIFIED” companies are owned by institutional investors. 17.8% of Currenc Group shares are owned by insiders. Comparatively, 42.9% of shares of all “UNCLASSIFIED” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

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	-84.72%	N/A	-34.02%
Currenc Group Competitors	0.86%	0.95%	0.80%

Volatility and Risk

Currenc Group has a beta of 0.02, suggesting that its stock price is 98% less volatile than the S&P 500. Comparatively, Currenc Group’s rivals have a beta of -0.09, suggesting that their average stock price is 109% less volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Currenc Group and its rivals, 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	251	268	217	3	1.96

Currenc Group presently has a consensus price target of $3.50, indicating a potential upside of 45.23%. As a group, “UNCLASSIFIED” companies have a potential upside of 227.59%. Given Currenc Group’s rivals higher possible upside, analysts clearly believe Currenc Group has less favorable growth aspects than its rivals.

Earnings and Valuation

This table compares Currenc Group and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$46.44 million	-$39.47 million	-2.74
Currenc Group Competitors	$38.00 million	-$16.78 million	70.43

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.

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.