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 1,506 - -
Change - -38.9% 8.99% 81.25% 4.46% 14.99% - -
Enterprise Value (EV) 1 2,262 1,965 595.9 2,010 2,086 2,224 2,174 2,151
Change - -13.14% -69.67% 237.3% 3.78% 6.6% -2.24% -1.04%
P/E 14.8x -1.32x 4.19x 12.1x 8.7x 10.7x 10.2x 9.54x
PBR 0.42x 0.34x 0.34x 0.55x 0.6x 0.6x 0.58x 0.55x
PEG - 0x -0x -0.3x 0.2x -1.71x 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 4.09x 3.89x 3.74x
EV / EBIT 8.26x 9.18x 2.94x 8.93x 8.18x 8.25x 7.79x 7.43x
EV / FCF 31.4x 12.4x 7.27x 13.5x 13.3x 16.6x 17.5x 16.3x
FCF Yield 3.18% 8.09% 13.8% 7.41% 7.53% 6.02% 5.72% 6.15%
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% 2.33% 2.65% 2.91%
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 1.461 1.461 1.461
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.($)
13.46x0.42x6.59x4.27% 18.98B
15.08x0.66x7.53x5.01% 5.07B
10.02x0.45x6.09x2.86% 4.15B
9.45x - - - 3.76B
7.32x0.13x2.7x2.48% 2.2B
10.75x0.23x4.09x2.33% 1.99B
14.53x0.31x6.86x2.54% 1.89B
10.3x0.85x8.13x8% 1.24B
Average 11.36x 0.44x 6.00x 3.93% 4.91B
Weighted average by Cap. 12.40x 0.44x 6.35x 4.03%

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