Critical Review: 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 rivals? We will compare Currenc Group to related companies based on the strength of its risk, earnings, profitability, institutional ownership, analyst recommendations, valuation and dividends.

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Currenc Group and its rivals, 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	241	267	217	3	1.98

Currenc Group presently has a consensus target price of $3.50, indicating a potential upside of 25.00%. As a group, “UNCLASSIFIED” companies have a potential upside of 230.43%. Given Currenc Group’s rivals higher possible upside, analysts plainly believe Currenc Group has less favorable growth aspects than its rivals.

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, large money managers and hedge funds believe a stock will outperform the market over the long term.

Volatility & Risk

Currenc Group has a beta of 0.01, indicating that its stock price is 99% less volatile than the S&P 500. Comparatively, Currenc Group’s rivals have a beta of -0.09, indicating that their average stock price is 109% less volatile than the S&P 500.

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%

Valuation & Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$40.23 million	-$39.47 million	-3.18
Currenc Group Competitors	$203.60 million	-$18.84 million	93.13

Currenc Group’s rivals have higher revenue and earnings than Currenc Group. 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.