CURRYS PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 61.75 GBX | 0.00% |
|
+0.16% | +22.28% |
| Apr. 23 | Transcript : Currys plc - Special Call | |
| Apr. 22 | Capital & Regional picks Gerry Murphy as non-exec director | AN |
Valuation
| Fiscal Period: Abril | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,692 | 940.4 | 1,654 | 1,039 | 627.2 | 683.6 | - | - |
| Enterprise Value (EV) 1 | 1,957 | 1,224 | 2,811 | 2,262 | 627.2 | 1,884 | 1,842 | 1,833 |
| P/E ratio | -5.29 x | -5.74 x | 143 x | 14.8 x | -1.31 x | 11.4 x | 9.72 x | 7.98 x |
| Yield | 4.62% | 2.78% | 2.1% | 3.38% | - | - | 1.98% | 2.77% |
| Capitalization / Revenue | 0.16 x | 0.09 x | 0.16 x | 0.1 x | 0.07 x | 0.08 x | 0.08 x | 0.08 x |
| EV / Revenue | 0.19 x | 0.12 x | 0.27 x | 0.22 x | 0.07 x | 0.21 x | 0.22 x | 0.21 x |
| EV / EBITDA | 3.95 x | 3.8 x | 4.7 x | 3.85 x | 1.2 x | 3.59 x | 3.63 x | 3.53 x |
| EV / FCF | 16.3 x | 3.12 x | 6.42 x | 31.4 x | - | 8.83 x | 9.35 x | 9.75 x |
| FCF Yield | 6.13% | 32% | 15.6% | 3.18% | - | 11.3% | 10.7% | 10.3% |
| Price to Book | 0.64 x | 0.41 x | 0.69 x | 0.42 x | - | 0.34 x | 0.34 x | 0.33 x |
| Nbr of stocks (in thousands) | 1,159,560 | 1,161,709 | 1,156,358 | 1,113,662 | 1,100,317 | 1,107,110 | - | - |
| Reference price 2 | 1.460 | 0.8095 | 1.430 | 0.9330 | 0.5700 | 0.6175 | 0.6175 | 0.6175 |
| Announcement Date | 6/20/19 | 7/15/20 | 6/30/21 | 7/7/22 | 7/6/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Aprile | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 10,433 | 10,170 | 10,344 | 10,144 | 9,511 | 9,008 | 8,524 | 8,682 |
| EBITDA 1 | 496 | 322 | 598 | 588 | 524 | 524.4 | 506.7 | 519.4 |
| EBIT 1 | 322 | 194 | 262 | 274 | 214 | 211.6 | 213.6 | 223.4 |
| Operating Margin | 3.09% | 1.91% | 2.53% | 2.7% | 2.25% | 2.35% | 2.51% | 2.57% |
| Earnings before Tax (EBT) 1 | -259 | -140 | 33 | 126 | -450 | 36.2 | 104.6 | 129.8 |
| Net income 1 | -320 | -163 | 12 | 71 | -481 | 71.73 | 75.55 | 91.3 |
| Net margin | -3.07% | -1.6% | 0.12% | 0.7% | -5.06% | 0.8% | 0.89% | 1.05% |
| EPS 2 | -0.2760 | -0.1410 | 0.0100 | 0.0630 | -0.4360 | 0.0543 | 0.0636 | 0.0774 |
| Free Cash Flow 1 | 120 | 392 | 438 | 72 | - | 213.2 | 196.9 | 188.1 |
| FCF margin | 1.15% | 3.85% | 4.23% | 0.71% | - | 2.37% | 2.31% | 2.17% |
| FCF Conversion (EBITDA) | 24.19% | 121.74% | 73.24% | 12.24% | - | 40.66% | 38.85% | 36.21% |
| FCF Conversion (Net income) | - | - | 3,650% | 101.41% | - | 297.29% | 260.62% | 206% |
| Dividend per Share 2 | 0.0675 | 0.0225 | 0.0300 | 0.0315 | - | - | 0.0122 | 0.0171 |
| Announcement Date | 6/20/19 | 7/15/20 | 6/30/21 | 7/7/22 | 7/6/23 | - | - | - |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: April | 2020 S1 | 2020 S2 | 2021 S1 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 4,713 | - | - | 4,785 | 5,359 | 4,473 | 5,038 |
| EBITDA | - | - | - | 247 | 341 | 183 | - |
| EBIT 1 | - | - | - | - | 183 | 29 | 185 |
| Operating Margin | - | - | - | - | 3.41% | 0.65% | 3.67% |
| Earnings before Tax (EBT) | -86 | -54 | - | - | 78 | -548 | - |
| Net income | - | - | 17 | - | - | -560 | - |
| Net margin | - | - | - | - | - | -12.52% | - |
| EPS | -0.0620 | - | 0.0140 | - | - | -0.5080 | - |
| Dividend per Share | 0.0225 | - | - | 0.0100 | 0.0215 | 0.0100 | - |
| Announcement Date | 12/12/19 | 7/15/20 | 12/16/20 | 12/15/21 | 7/7/22 | 12/15/22 | 7/6/23 |
1GBP in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: April | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 265 | 284 | 1,157 | 1,223 | - | 1,200 | 1,158 | 1,150 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.5343 x | 0.882 x | 1.935 x | 2.08 x | - | 2.289 x | 2.285 x | 2.213 x |
| Free Cash Flow 1 | 120 | 392 | 438 | 72 | - | 213 | 197 | 188 |
| ROE (net income / shareholders' equity) | 8.09% | 5.08% | 5.28% | 5.53% | - | 4.25% | 4.82% | 5.09% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share 2 | 2.280 | 1.970 | 2.070 | 2.210 | - | 1.800 | 1.830 | 1.890 |
| Cash Flow per Share 2 | 0.2400 | 0.5000 | 0.7100 | 0.3600 | - | 0.1200 | 0.1000 | 0.0500 |
| Capex 1 | 166 | 191 | 122 | 133 | - | 72.5 | 112 | 118 |
| Capex / Sales | 1.59% | 1.88% | 1.18% | 1.31% | - | 0.8% | 1.31% | 1.36% |
| Announcement Date | 6/20/19 | 7/15/20 | 6/30/21 | 7/7/22 | 7/6/23 | - | - | - |
1GBP in Million2GBP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
0.6175
GBP
Average target price
0.7867
GBP
Spread / Average Target
+27.40%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +22.28% | 852M | |
| -4.13% | 16.16B | |
| +14.12% | 4.32B | |
| +28.27% | 3.17B | |
| +7.02% | 1.95B | |
| +10.04% | 1.61B | |
| +6.62% | 1.16B | |
| -12.84% | 1.12B | |
| +23.95% | 1.13B | |
| +2.10% | 1.03B |
- Stock Market
- Equities
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- Financials Currys plc
