Head to Head Analysis: Currenc Group (NASDAQ:CURR) vs. Flag Ship Acquisition (NASDAQ:FSHP)

Flag Ship Acquisition (NASDAQ:FSHP) and Currenc Group (NASDAQ:CURR) are both small-cap financial services companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, dividends, valuation, risk, profitability and institutional ownership.

Institutional and Insider Ownership

56.0% of Currenc Group shares are held by institutional investors. 39.1% of Flag Ship Acquisition shares are held by company insiders. Comparatively, 43.3% of Currenc Group shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Flag Ship Acquisition and Currenc Group, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Flag Ship Acquisition	1	0	0	0	1.00
Currenc Group	1	1	0	1	2.33

Currenc Group has a consensus price target of $3.50, indicating a potential upside of 117.39%. Given Currenc Group’s stronger consensus rating and higher possible upside, analysts plainly believe Currenc Group is more favorable than Flag Ship Acquisition.

Earnings and Valuation

This table compares Flag Ship Acquisition and Currenc Group”s top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Flag Ship Acquisition	N/A	N/A	N/A	N/A	N/A
Currenc Group	$46.44 million	2.64	-$39.47 million	($0.88)	-1.83

Flag Ship Acquisition has higher earnings, but lower revenue than Currenc Group.

Risk and Volatility

Flag Ship Acquisition has a beta of 0.03, suggesting that its share price is 97% less volatile than the S&P 500. Comparatively, Currenc Group has a beta of 0.09, suggesting that its share price is 91% less volatile than the S&P 500.

Profitability

This table compares Flag Ship Acquisition and Currenc Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Flag Ship Acquisition	N/A	N/A	N/A
Currenc Group	-84.72%	N/A	-34.02%

Summary

Currenc Group beats Flag Ship Acquisition on 7 of the 9 factors compared between the two stocks.

About Flag Ship Acquisition

Flag Ship Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization with one or more businesses. The company intends to acquire businesses in Internet and high technology, financial technology, clean energy, health care, consumer and retail, energy and resources, food processing, manufacturing, and education sectors. Flag Ship Acquisition Corporation was incorporated in 2018 and is based in New York, New York. Flag Ship Acquisition Corporation was formerly a subsidiary of Whale Management Corporation.

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.