Analyzing Currenc Group (CURR) & Its Peers

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

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	-102.10%	N/A	-39.14%
Currenc Group Competitors	0.86%	0.95%	0.80%

Analyst Recommendations

This is a breakdown of recent ratings and price targets 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	215	264	217	3	2.01

Currenc Group currently has a consensus price target of $3.50, suggesting a potential upside of 3.55%. As a group, “UNCLASSIFIED” companies have a potential upside of 131.00%. Given Currenc Group’s rivals higher probable upside, analysts plainly believe Currenc Group has less favorable growth aspects than its rivals.

Earnings & 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	-3.19
Currenc Group Competitors	$47.83 million	-$19.62 million	92.69

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.

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

Risk and Volatility

Currenc Group has a beta of 0.02, suggesting that its share price is 98% less volatile than the S&P 500. Comparatively, Currenc Group’s rivals have a beta of -0.08, suggesting that their average share price is 108% less volatile than the S&P 500.

Summary

Currenc Group rivals beat Currenc Group on 9 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.