Metrics to compare | CURR | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipCURRPeersSector | |
|---|---|---|---|---|
P/E Ratio | −16.3x | 19.6x | 9.9x | |
PEG Ratio | −0.23 | 0.01 | 0.03 | |
Price/Book | −53.1x | 1.9x | 1.0x | |
Price / LTM Sales | 8.0x | 1.2x | 2.9x | |
Upside (Analyst Target) | 30.6% | 26.9% | 14.8% | |
Fair Value Upside | Unlock | 26.5% | 2.7% | Unlock |
CURRENC Group Inc., an investment holding company, engages in the provision of money transfer and airtime trading services in Malaysia and Indonesia. It operates in two segments: Remittance Services and Sales of Airtime. The company offers cross-border remittance solutions for financial institutions and payment providers, cross-border payments for non-financial businesses, airtime transfer, and retail telecom credit recharge services. It is also involved in business center operations; development of AI call center solutions and system integration; provision of international airtime reloads; technical and maintenance services; money remittance; providing and sourcing airtime and other related services; and the research, development, and commercialization of the Treatsup application, as well as the provision of implementation, technical, and maintenance services related to the application. In addition, the company provides a single unified application programming interface for licensed banks and money service operators, and acts as a one-stop settlement agent for cross-border money transfers, as well as cross-border airtime wholesale and transfer services. Further, it operates WalletKu, an independent electronic platform that allows customers to purchase airtime, conduct internet data top-ups, cash top-ups, transfers, and utility bill payments. The company is headquartered in Singapore.