Analyzing Flag Ship Acquisition (NASDAQ:FSHP) and Currenc Group (NASDAQ:CURR)

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

Earnings and Valuation

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Currenc Group	$46.44 million	1.68	-$39.47 million	($0.88)	-1.91
Flag Ship Acquisition	N/A	N/A	N/A	N/A	N/A

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

Volatility and Risk

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

Analyst Ratings

This is a breakdown of current recommendations and price targets for Currenc Group and Flag Ship Acquisition, as reported by MarketBeat.

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

Currenc Group presently has a consensus price target of $3.50, suggesting a potential upside of 108.33%. Given Currenc Group’s stronger consensus rating and higher probable upside, equities analysts plainly believe Currenc Group is more favorable than Flag Ship Acquisition.

Institutional and Insider Ownership

56.0% of Currenc Group shares are owned by institutional investors. 17.8% of Currenc Group shares are owned by company insiders. Comparatively, 39.1% of Flag Ship Acquisition shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Currenc Group and Flag Ship Acquisition’s 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%
Flag Ship Acquisition	N/A	N/A	N/A

Summary

Currenc Group beats Flag Ship Acquisition on 6 of the 9 factors compared between the two stocks.

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.

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.