Agora, Inc. Sponsored ADR (API) vs Currenc Group Inc. (CURR)

Agora, Inc. Sponsored ADR and Currenc Group Inc. are both Software Application companies. Agora, Inc. Sponsored ADR and Currenc Group Inc. are of similar size ($338.0M and $318.0M). Currenc Group Inc. has negative trailing earnings, so its P/E is not meaningful; Agora, Inc. Sponsored ADR trades at 46.4×. Agora, Inc. Sponsored ADR grew revenue faster over the last twelve months: 13.6% against −18.6%. Agora, Inc. Sponsored ADR has the higher net margin (7.23% vs −48.7%) and the lower return on invested capital (−1.04% vs 0.00%). Across the 17 metrics below, Agora, Inc. Sponsored ADR leads on 12 and Currenc Group Inc. on 5.

Valuation

Metric API CURR Software Application median
P/E 46.42 n/m 24.79
P/S 2.36 4.88 2.67
P/B 0.64 9.89 3.01
Price to free cash flow n/m 24.97 16.59
EV/EBITDA 53.85 n/m 14.40
EV/Sales 0.75 3.32 2.62
Earnings yield 2.15% (10.00%) 0.00%
Free cash flow yield (7.24%) 4.00% 1.91%

Profitability

Metric API CURR Software Application median
Gross margin 64.49% 40.77% 67.03%
Operating margin (3.42%) (20.99%) 0.00%
Net margin 7.23% (48.74%) 0.00%
Free cash flow margin (13.68%) 19.53% 4.32%
Return on equity 1.95% 159.54% 0.00%
Return on assets 1.53% (16.85%) 0.00%
Return on invested capital (1.04%) 0.00% 0.00%

Growth

Metric API CURR Software Application median
Revenue growth (TTM) 13.58% (18.57%) 12.40%
EPS growth (last fiscal year) 121.74% 70.87% —
Revenue growth, 5-year CAGR 1.10% — 13.72%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric API CURR Software Application median
Debt to equity 0.18 0.88 0.02
Current ratio 5.11 1.12 1.55
Net debt to EBITDA 98.49 17.44 0.06

Dividend

Metric API CURR Software Application median
Dividend yield — — 1.25%
Payout ratio 0.00 0.00 0.00

Size

Metric API CURR Software Application median
Market cap 317.99m 337.97m 396.11m

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