Company Valuation: Currys plc

Data adjusted to current consolidation scope
Fiscal Period: May 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,039 634.9 691.9 1,254 1,310 1,510 - -
Change - -38.9% 8.99% 81.25% 4.46% 15.22% - -
Enterprise Value (EV) 1 2,262 1,965 595.9 2,010 2,086 2,227 2,177 2,155
Change - -13.14% -69.67% 237.3% 3.78% 6.75% -2.23% -1.04%
P/E 14.8x -1.32x 4.19x 12.1x 8.7x 10.8x 10.2x 9.56x
PBR 0.42x 0.34x 0.34x 0.55x 0.6x 0.6x 0.58x 0.55x
PEG - 0x -0x -0.3x 0.2x -1.73x 1.76x 1.46x
Capitalization / Revenue 0.1x 0.07x 0.08x 0.14x 0.14x 0.16x 0.15x 0.15x
EV / Revenue 0.22x 0.21x 0.07x 0.23x 0.23x 0.23x 0.22x 0.21x
EV / EBITDA 3.85x 3.75x 1.24x 4.09x 3.97x 4.1x 3.89x 3.74x
EV / EBIT 8.26x 9.18x 2.94x 8.93x 8.18x 8.26x 7.8x 7.44x
EV / FCF 31.4x 12.4x 7.27x 13.5x 13.3x 15.6x 17.2x 16.4x
FCF Yield 3.18% 8.09% 13.8% 7.41% 7.53% 6.43% 5.81% 6.09%
Dividend per Share 2 0.0315 0.01 - 0.015 0.03 0.034 0.0387 0.0425
Rate of return 3.38% 1.73% - 1.31% 2.38% 2.32% 2.65% 2.9%
EPS 2 0.063 -0.436 0.149 0.095 0.145 0.136 0.1438 0.1532
Distribution rate 50% -2.29% - 15.8% 20.7% 25% 26.9% 27.7%
Net sales 1 10,144 9,511 8,476 8,706 9,254 9,591 9,821 10,066
EBITDA 1 588 524 479 491 526 543.2 559.5 575.8
EBIT 1 274 214 203 225 255 269.7 278.9 289.7
Net income 1 71 -481 27 108 165 146.9 150.4 155.8
Net Debt 1 1,223 1,330 -96 756 776 717.4 667.6 645
Reference price 2 0.933 0.577 0.625 1.148 1.262 1.464 1.464 1.464
Nbr of stocks (in thousands) 1,113,662 1,100,317 1,107,110 1,092,442 1,038,129 1,031,113 - -
Announcement Date 7/7/22 7/6/23 6/27/24 7/3/25 7/2/26 - - -
1GBP in Million2GBP
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.2x0.41x6.45x4.35% 18.61B
15.34x0.67x7.65x4.93% 5.12B
9.67x0.44x5.93x2.92% 4.07B
9.45x - - - 3.76B
7.55x0.14x2.75x2.4% 2.25B
10.77x0.23x4.1x2.32% 1.99B
13.55x0.3x6.09x2.71% 1.83B
9.83x0.77x7.42x8.33% 1.18B
Average 11.17x 0.42x 5.77x 3.99% 4.85B
Weighted average by Cap. 12.21x 0.43x 6.21x 4.08%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield