Critical Analysis: Currenc Group (CURR) & Its Peers

Currenc Group (NASDAQ:CURR) is one of 341 publicly-traded companies in the “Financial Services” industry, but how does it compare to its competitors? We will compare Currenc Group to similar businesses based on the strength of its profitability, risk, institutional ownership, dividends, analyst recommendations, valuation and earnings.

Volatility and Risk

Currenc Group has a beta of 0.17, indicating that its share price is 83% less volatile than the S&P 500. Comparatively, Currenc Group’s competitors have a beta of 2.51, indicating that their average share price is 151% more volatile than the S&P 500.

Insider & Institutional Ownership

56.0% of Currenc Group shares are held by institutional investors. Comparatively, 43.0% of shares of all “Financial Services” companies are held by institutional investors. 17.8% of Currenc Group shares are held by insiders. Comparatively, 21.9% of shares of all “Financial Services” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

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	N/A	N/A	N/A
Currenc Group Competitors	-409.42%	-15.09%	-6.08%

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Currenc Group	$37.81 million	-$18.43 million	-6.30
Currenc Group Competitors	$6.73 billion	$1.10 billion	7.29

Currenc Group’s competitors have higher revenue and earnings than Currenc Group. 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.

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Currenc Group and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Currenc Group	2	0	0	0	1.00
Currenc Group Competitors	1987	6942	11711	445	2.50

As a group, “Financial Services” companies have a potential downside of 6.28%. Given Currenc Group’s competitors stronger consensus rating and higher probable upside, analysts plainly believe Currenc Group has less favorable growth aspects than its competitors.

Summary

Currenc Group competitors beat Currenc Group on 8 of the 12 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.