Financial Contrast: Currenc Group (CURR) & The Competition

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

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 company insiders. Comparatively, 42.4% of shares of all “UNCLASSIFIED” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Risk and Volatility

Currenc Group has a beta of -0.13, indicating that its share price is 113% less volatile than the S&P 500. Comparatively, Currenc Group’s rivals have a beta of -0.11, indicating that their average share price is 111% less volatile than the S&P 500.

Analyst Ratings

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

Currenc Group presently has a consensus target price of $3.50, indicating a potential downside of 7.41%. As a group, “UNCLASSIFIED” companies have a potential upside of 94.37%. Given Currenc Group’s rivals higher probable upside, analysts clearly believe Currenc Group has less favorable growth aspects than its rivals.

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%

Earnings and 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	-3.57
Currenc Group Competitors	$41.01 million	-$17.16 million	94.45

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