Company Valuation: Currys plc

Data adjusted to current consolidation scope
Fiscal Period: May 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,611 1,046 636 696.9 1,254 1,653 - -
Change - -35.05% -39.22% 9.58% 79.95% 31.78% - -
Enterprise Value (EV) 1 2,768 2,269 1,966 600.9 2,010 2,086 2,278 2,328
Change - -18.01% -13.37% -69.43% 234.5% 3.78% -4.93% 2.18%
P/E 139x 14.9x -1.33x 4.22x 12.1x 8.7x 11.8x 10.9x
PBR 0.67x 0.42x 0.34x 0.34x 0.55x 0.6x 0.69x 0.65x
PEG - 0x 0x -0x -0.3x 0.2x 0.6x 1.3x
Capitalization / Revenue 0.16x 0.1x 0.07x 0.08x 0.14x 0.14x 0.17x 0.17x
EV / Revenue 0.27x 0.22x 0.21x 0.07x 0.23x 0.23x 0.24x 0.24x
EV / EBITDA 4.63x 3.86x 3.75x 1.25x 4.09x 3.97x 4.22x 4.21x
EV / EBIT 10.6x 8.28x 9.19x 2.96x 8.93x 8.18x 8.66x 8.37x
EV / FCF 6.32x 31.5x 12.4x 7.33x 13.5x 13.3x 14.9x 19.9x
FCF Yield 15.8% 3.17% 8.09% 13.6% 7.41% 7.53% 6.72% 5.03%
Dividend per Share 2 0.03 0.0315 0.01 - 0.015 0.03 0.0326 0.035
Rate of return 2.15% 3.35% 1.73% - 1.31% 2.38% 2.05% 2.2%
EPS 2 0.01 0.063 -0.436 0.149 0.095 0.145 0.1351 0.1465
Distribution rate 300% 50% -2.29% - 15.8% 20.7% 24.1% 23.9%
Net sales 1 10,344 10,144 9,511 8,476 8,706 9,254 9,569 9,814
EBITDA 1 598 588 524 479 491 526 540.5 553
EBIT 1 262 274 214 203 225 255 263.1 278.1
Net income 1 12 71 -481 27 108 165 144.9 153
Net Debt 1 1,157 1,223 1,330 -96 756 776 625.6 675.3
Reference price 2 1.393 0.940 0.578 0.630 1.148 1.592 1.592 1.592
Nbr of stocks (in thousands) 1,156,358 1,113,662 1,100,317 1,107,110 1,092,442 1,038,129 - -
Announcement Date 6/30/21 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.($)
12.37x0.37x5.82x5.01% 16.44B
17.35x0.8x8.83x4.47% 5.87B
12.65x0.57x9.49x2.47% 4.41B
7.17x0.13x2.69x2.59% 2.16B
14.09x0.29x6.15x2.7% 1.74B
11.46x1.01x9.24x7.04% 1.46B
15.17x0.11x1.65x3.2% 1.15B
19.97x0.37x9.99x0.87% 819M
Average 13.78x 0.45x 6.73x 3.54% 4.26B
Weighted average by Cap. 13.26x 0.47x 6.74x 4.24%

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