Critical Survey: Currenc Group (CURR) versus Its Peers

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

Earnings & Valuation

This table compares Currenc Group and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$40.23 million	-$39.47 million	-3.42
Currenc Group Competitors	$203.60 million	-$18.54 million	94.34

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.

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%

Institutional & Insider Ownership

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

Risk & Volatility

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 recent ratings and target prices 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	231	266	217	3	1.99

Currenc Group presently has a consensus target price of $3.50, indicating a potential upside of 16.28%. As a group, “UNCLASSIFIED” companies have a potential upside of 202.79%. Given Currenc Group’s rivals higher probable upside, analysts plainly believe Currenc Group has less favorable growth aspects than its rivals.

Summary

Currenc Group rivals beat Currenc Group on 9 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.