Currenc Group (NASDAQ:CURR) versus WEX (NYSE:WEX) Head-To-Head Analysis

WEX (NYSE:WEX) and Currenc Group (NASDAQ:CURR) are both finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, valuation, earnings, dividends and risk.

Earnings and Valuation

This table compares WEX and Currenc Group”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
WEX	$2.66 billion	2.38	$304.10 million	$10.04	18.53
Currenc Group	$37.81 million	5.07	-$18.43 million	($0.30)	-8.33

WEX has higher revenue and earnings than Currenc Group. Currenc Group is trading at a lower price-to-earnings ratio than WEX, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of current ratings and target prices for WEX and Currenc Group, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
WEX	0	8	5	0	2.38
Currenc Group	2	0	0	0	1.00

WEX currently has a consensus price target of $187.00, indicating a potential upside of 0.52%. Given WEX’s stronger consensus rating and higher possible upside, research analysts plainly believe WEX is more favorable than Currenc Group.

Insider and Institutional Ownership

97.5% of WEX shares are owned by institutional investors. Comparatively, 56.0% of Currenc Group shares are owned by institutional investors. 1.4% of WEX shares are owned by company insiders. Comparatively, 43.3% of Currenc Group shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Volatility and Risk

WEX has a beta of 0.84, indicating that its stock price is 16% less volatile than the S&P 500. Comparatively, Currenc Group has a beta of 0.11, indicating that its stock price is 89% less volatile than the S&P 500.

Profitability

This table compares WEX and Currenc Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
WEX	12.56%	43.19%	3.53%
Currenc Group	N/A	N/A	N/A

Summary

WEX beats Currenc Group on 12 of the 14 factors compared between the two stocks.

About WEX

WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet vehicle payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Corporate Payments segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. This segment also markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals. The Benefits Solutions segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. In addition, its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. Further, it offers custodial and depository services for health savings accounts; and markets its products through third-party administrators, financial institutions, payroll providers, and health plans. The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is based in Portland, Maine.

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.