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CURY

CurrysLSE:CURY Stock Report

Last Price

UK£0.99

Market Cap

UK£1.1b

7D

-5.0%

1Y

-14.2%

Updated

22 Jan, 2022

Data

Company Financials +
CURY fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance1/6
Financial Health4/6
Dividends2/6

CURY Stock Overview

Currys Plc operates as a consumer electrical and mobile retailer and service company.

Currys Competitors

Kering

ENXTPA:KER

€82.8b

Burberry Group

LSE:BRBY

UK£7.7b

AO World

LSE:AO.

UK£487.0m

N Brown Group

AIM:BWNG

UK£187.4m

Price History & Performance

Summary of all time highs, changes and price drops for Currys
Historical stock prices
Current Share PriceUK£0.99
52 Week HighUK£1.59
52 Week LowUK£0.98
Beta1.36
1 Month Change-13.82%
3 Month Change-18.95%
1 Year Change-14.19%
3 Year Change-30.06%
5 Year Change-68.65%
Change since IPO-27.94%

Recent News & Updates

Jan 15
Should You Investigate Currys Plc (LON:CURY) At UK£1.05?

Should You Investigate Currys Plc (LON:CURY) At UK£1.05?

Currys Plc ( LON:CURY ), is not the largest company out there, but it saw significant share price movement during...

Dec 22
Is Currys (LON:CURY) A Risky Investment?

Is Currys (LON:CURY) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Dec 01
Calculating The Intrinsic Value Of Currys Plc (LON:CURY)

Calculating The Intrinsic Value Of Currys Plc (LON:CURY)

How far off is Currys Plc ( LON:CURY ) from its intrinsic value? Using the most recent financial data, we'll take a...

Oct 16
Return Trends At Currys (LON:CURY) Aren't Appealing

Return Trends At Currys (LON:CURY) Aren't Appealing

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...

Shareholder Returns

CURYGB Specialty RetailGB Market
7D-5.0%-1.4%-1.3%
1Y-14.2%23.0%7.8%

Return vs Industry: CURY underperformed the UK Specialty Retail industry which returned 23% over the past year.

Return vs Market: CURY underperformed the UK Market which returned 7.8% over the past year.

Price Volatility

Is CURY's price volatile compared to industry and market?
CURY volatility
CURY Average Weekly Movement5.2%
Specialty Retail Industry Average Movement5.5%
Market Average Movement5.0%
10% most volatile stocks in GB Market10.8%
10% least volatile stocks in GB Market2.5%

Stable Share Price: CURY is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CURY's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
193733,000Alex Baldockhttps://www.currysplc.com

Currys Plc operates as a consumer electrical and mobile retailer and service company. The company operates through four segments: UK & Ireland Electricals, UK & Ireland Mobile, Nordics, and Greece. It also offers mobile virtual network operator and consumer electrical repair services.

Currys Fundamentals Summary

How do Currys's earnings and revenue compare to its market cap?
CURY fundamental statistics
Market CapUK£1.14b
Earnings (TTM)UK£25.00m
Revenue (TTM)UK£10.27b

45.5x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CURY income statement (TTM)
RevenueUK£10.27b
Cost of RevenueUK£8.59b
Gross ProfitUK£1.68b
ExpensesUK£1.65b
EarningsUK£25.00m

Last Reported Earnings

Oct 30, 2021

Next Earnings Date

Jul 07, 2022

Earnings per share (EPS)0.022
Gross Margin16.34%
Net Profit Margin0.24%
Debt/Equity Ratio0.2%

How did CURY perform over the long term?

See historical performance and comparison

Dividends

2.0%

Current Dividend Yield

183%

Payout Ratio

Valuation

Is Currys undervalued compared to its fair value and its price relative to the market?

45.45x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CURY (£0.99) is trading above our estimate of fair value (£0.56)

Significantly Below Fair Value: CURY is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CURY is poor value based on its PE Ratio (45.5x) compared to the UK Specialty Retail industry average (11.6x).

PE vs Market: CURY is poor value based on its PE Ratio (45.5x) compared to the UK market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: CURY is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: CURY is good value based on its PB Ratio (0.5x) compared to the GB Specialty Retail industry average (2.1x).


Future Growth

How is Currys forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

40.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CURY's forecast earnings growth (40.4% per year) is above the savings rate (0.9%).

Earnings vs Market: CURY's earnings (40.4% per year) are forecast to grow faster than the UK market (12.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CURY's revenue is expected to decline over the next 3 years (-0.05% per year).

High Growth Revenue: CURY's revenue is forecast to decline over the next 3 years (-0.05% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CURY's Return on Equity is forecast to be low in 3 years time (6.7%).


Past Performance

How has Currys performed over the past 5 years?

-43.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CURY has a large one-off loss of £73.0M impacting its October 30 2021 financial results.

Growing Profit Margin: CURY became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: CURY's earnings have declined by 43.5% per year over the past 5 years.

Accelerating Growth: CURY has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: CURY has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (69.2%).


Return on Equity

High ROE: CURY's Return on Equity (1%) is considered low.


Financial Health

How is Currys's financial position?


Financial Position Analysis

Short Term Liabilities: CURY's short term assets (£2.6B) do not cover its short term liabilities (£3.2B).

Long Term Liabilities: CURY's short term assets (£2.6B) exceed its long term liabilities (£1.7B).


Debt to Equity History and Analysis

Debt Level: CURY has more cash than its total debt.

Reducing Debt: CURY's debt to equity ratio has reduced from 14.1% to 0.2% over the past 5 years.

Debt Coverage: CURY's debt is well covered by operating cash flow (9640%).

Interest Coverage: CURY's interest payments on its debt are not well covered by EBIT (2x coverage).


Balance Sheet


Dividend

What is Currys's current dividend yield, its reliability and sustainability?

2.01%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CURY's dividend (2.01%) is higher than the bottom 25% of dividend payers in the UK market (1.4%).

High Dividend: CURY's dividend (2.01%) is low compared to the top 25% of dividend payers in the UK market (4.09%).


Stability and Growth of Payments

Stable Dividend: CURY's dividend payments have been volatile in the past 10 years.

Growing Dividend: CURY's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (183.2%), CURY's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CURY's dividends in 3 years are forecast to be well covered by earnings (28.6% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Alex Baldock

3.75yrs

Tenure

UK£2,977,000

Compensation

Mr. Alex Baldock has been Non-Executive Director at Electrocomponents plc since September 01, 2021. He has been a Group Chief Executive Officer and Executive Director of Currys Plc (formerly known as Dixon...


CEO Compensation Analysis

Compensation vs Market: Alex's total compensation ($USD4.04M) is above average for companies of similar size in the UK market ($USD1.58M).

Compensation vs Earnings: Alex's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CURY's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: CURY's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Currys Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Currys Plc
  • Ticker: CURY
  • Exchange: LSE
  • Founded: 1937
  • Industry: Computer and Electronics Retail
  • Sector: Retail
  • Implied Market Cap: UK£1.136b
  • Shares outstanding: 1.14b
  • Website: https://www.currysplc.com

Number of Employees


Location

  • Currys Plc
  • 1 Portal Way
  • London
  • Greater London
  • W3 6RS
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/22 18:54
End of Day Share Price2022/01/21 00:00
Earnings2021/10/30
Annual Earnings2021/05/01


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.