Analyzing Currenc Group (CURR) and Its Competitors

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

Insider & Institutional Ownership

56.0% of Currenc Group shares are held by institutional investors. Comparatively, 51.0% of shares of all “UNCLASSIFIED” companies are held by institutional investors. 43.3% of Currenc Group shares are held by insiders. Comparatively, 42.7% of shares of all “UNCLASSIFIED” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Valuation and 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	$46.44 million	-$39.47 million	-2.23
Currenc Group Competitors	$47.83 million	-$19.62 million	93.16

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.

Risk and Volatility

Currenc Group has a beta of 0.01, meaning that its share price is 99% less volatile than the S&P 500. Comparatively, Currenc Group’s competitors have a beta of -0.07, meaning that their average share price is 107% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent recommendations 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	206	262	217	3	2.02

Currenc Group currently has a consensus price target of $3.50, indicating a potential upside of 48.31%. As a group, “UNCLASSIFIED” companies have a potential upside of 109.37%. Given Currenc Group’s competitors higher possible 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	-102.10%	N/A	-39.14%
Currenc Group Competitors	0.86%	0.95%	0.80%

Summary

Currenc Group competitors beat Currenc Group on 8 of the 13 factors compared.

Currenc Group Company Profile

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.