Contrasting Currenc Group (CURR) and Its Competitors

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

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 competitors have a beta of -0.09, suggesting that their average share price is 109% less volatile than the S&P 500.

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

Analyst Recommendations

This is a summary of recent recommendations and price targets for Currenc Group and its competitors, as provided 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	251	268	217	3	1.96

Currenc Group presently has a consensus price target of $3.50, suggesting a potential upside of 45.23%. As a group, “UNCLASSIFIED” companies have a potential upside of 227.59%. Given Currenc Group’s competitors higher possible upside, analysts plainly believe Currenc Group has less favorable growth aspects than its competitors.

Valuation and Earnings

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$46.44 million	-$39.47 million	-2.74
Currenc Group Competitors	$38.00 million	-$16.78 million	70.43

Currenc Group has higher revenue, but lower earnings than its competitors. 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.

Summary

Currenc Group competitors 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.