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Currys plc (GB:CURY)
LSE:CURY

Currys plc (CURY) AI Stock Analysis

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GB

Currys plc

(LSE:CURY)

73Outperform
Currys plc demonstrates a strong potential for recovery and growth, supported by improved financial performance, positive insider activities, and an attractive valuation. While technical analysis shows a neutral stance, the company's robust cash flow and insider confidence present an optimistic outlook.

Currys plc (CURY) vs. S&P 500 (SPY)

Currys plc Business Overview & Revenue Model

Company DescriptionCurrys plc (CURY) is a leading British multinational electrical and telecommunications retailer and services company. It operates primarily in the United Kingdom and Ireland, offering a wide range of consumer electronics, appliances, and related services. Currys specializes in selling products such as televisions, computers, smartphones, white goods, and small domestic appliances. The company is known for its large network of retail stores and its growing e-commerce platform, providing customers with a comprehensive shopping experience both in-store and online.
How the Company Makes MoneyCurrys plc generates revenue through multiple streams, primarily from the sale of consumer electronics and home appliances. Its key revenue streams include direct sales through its extensive network of physical retail stores and its online platform. The company also offers installation, repair, and support services, which contribute to its revenue. Currys has developed partnerships with major electronics brands, allowing it to offer a wide range of products and competitive pricing, further driving sales. Additionally, Currys benefits from its flexible financing options, such as credit and installment plans, which encourage higher-value purchases. The company's focus on customer service and post-purchase support also helps to maintain customer loyalty and repeat business, contributing to its overall earnings.

Currys plc Financial Statement Overview

Summary
Currys plc is exhibiting signs of recovery with improved profitability and efficient cash management. Despite a revenue decline, the company's operational efficiency and cash flow generation are strong, indicating a promising financial trajectory.
Income Statement
70
Positive
Currys plc shows a positive turnaround in its income statement with improved profitability. Gross profit margin stands at 18.08%, and net profit margin at 1.95% for the latest year. Revenue experienced a decline of 10.88%, but the recovery from a negative EBIT and net income in 2023 to positive figures in 2024 highlights a strong rebound in operational efficiency and profitability.
Balance Sheet
65
Positive
The balance sheet reflects moderate financial health with a debt-to-equity ratio of 0.50, indicating manageable leverage. Equity ratio is at 39.02% suggesting a stable equity base. However, fluctuations in stockholders' equity over the years and a decrease in total assets warrant cautious monitoring.
Cash Flow
75
Positive
Currys plc's cash flow statement demonstrates a strong position with a significant increase in free cash flow, posting a 100% growth rate from the previous year. The operating cash flow to net income ratio stands at 2.22, signifying robust cash flow generation relative to earnings, which supports financial stability.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
8.23B8.48B9.51B10.14B10.34B10.17B
Gross Profit
0.001.53B1.68B1.79B1.75B1.85B
EBIT
138.00M178.00M-346.00M222.00M147.00M-20.00M
EBITDA
409.00M409.00M-61.00M560.00M507.00M347.00M
Net Income Common Stockholders
196.00M165.00M-481.00M71.00M12.00M-161.00M
Balance SheetCash, Cash Equivalents and Short-Term Investments
97.00M125.00M97.00M126.00M175.00M660.00M
Total Assets
5.85B5.31B5.85B6.91B6.88B7.73B
Total Debt
1.21B1.03B1.43B1.35B1.33B2.31B
Net Debt
1.12B907.00M1.33B1.22B1.16B1.65B
Total Liabilities
3.96B3.24B3.96B4.41B4.50B5.45B
Stockholders Equity
1.89B2.07B1.89B2.50B2.38B2.28B
Cash FlowFree Cash Flow
312.00M318.00M159.00M295.00M722.00M392.00M
Operating Cash Flow
354.00M366.00M270.00M428.00M844.00M583.00M
Investing Cash Flow
145.00M143.00M-111.00M-134.00M-103.00M-192.00M
Financing Cash Flow
-483.00M-493.00M-197.00M-340.00M-672.00M-383.00M

Currys plc Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price89.60
Price Trends
50DMA
92.38
Negative
100DMA
88.73
Positive
200DMA
84.56
Positive
Market Momentum
MACD
-0.78
Negative
RSI
46.12
Neutral
STOCH
66.84
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CURY, the sentiment is Neutral. The current price of 89.6 is above the 20-day moving average (MA) of 89.37, below the 50-day MA of 92.38, and above the 200-day MA of 84.56, indicating a neutral trend. The MACD of -0.78 indicates Negative momentum. The RSI at 46.12 is Neutral, neither overbought nor oversold. The STOCH value of 66.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:CURY.

Currys plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
£292.34M6.9813.65%6.79%7.75%-21.78%
73
Outperform
£1.01B5.062.95%-10.46%396.13%
68
Neutral
£1.37B20.7520.52%3.12%6.97%-14.59%
GBAO
66
Neutral
£566.77M21.2620.28%-0.39%2.68%
GBJDW
64
Neutral
£658.65M10.5816.38%2.17%3.70%57.10%
59
Neutral
$12.68B11.140.97%3.72%1.33%-21.21%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:CURY
Currys plc
89.60
29.30
48.59%
GB:SMWH
WH Smith
1,083.00
-147.42
-11.98%
GB:CARD
Card Factory
86.20
-0.50
-0.58%
GB:AO
AO World
98.60
8.75
9.74%
GB:JDW
J D Wetherspoon
560.00
-151.19
-21.26%

Currys plc Corporate Events

M&A TransactionsBusiness Operations and Strategy
Currys PLC Voting Rights Shift Following Cobas Acquisition
Neutral
Mar 18, 2025

Currys PLC has announced a change in its voting rights structure following an acquisition by Cobas Asset Management, SGIIC, S.A., based in Madrid, Spain. The acquisition has resulted in Cobas holding 7.115% of Currys’ voting rights, up from a previous 6.995%. This change reflects a strategic move by Cobas to increase its influence within Currys, potentially impacting the company’s governance and decision-making processes.

Business Operations and Strategy
Currys plc Voting Rights Update: Equiniti Trust Increases Stake
Neutral
Mar 12, 2025

Currys plc has announced a change in the voting rights held by Equiniti Trust (Jersey) Limited, as trustee of the Dixons Carphone plc Employee Benefit Trust. The trust’s voting rights in Currys plc have increased from 4.715412% to 5.208477%, indicating a significant acquisition of shares. This change in voting rights could potentially impact the company’s governance and decision-making processes, reflecting a strategic move by the trust to strengthen its influence within Currys plc.

Regulatory Filings and Compliance
Currys plc Updates Share Capital and Voting Rights
Neutral
Mar 3, 2025

Currys plc announced that its issued share capital consists of 1,133,494,651 ordinary shares, each with voting rights, as of February 28, 2025. This information is crucial for shareholders to determine their interest in the company under the Disclosure Guidance and Transparency Rules, impacting how they manage their investments.

Other
Cobas Asset Management Adjusts Stake in Currys PLC
Neutral
Feb 14, 2025

Currys PLC recently announced that Cobas Asset Management, a Spanish investment firm, has adjusted its voting rights in the company from 7.925% to 6.996%. This change reflects a decrease in Cobas’s stake, which may have implications for investor confidence and market perceptions of Currys’ financial stability and strategic direction.

Business Operations and Strategy
Currys CEO Joins Sharesave Scheme, Aligning Leadership with Future Growth
Positive
Feb 14, 2025

Currys plc announced that its Group Chief Executive, Alex Baldock, has been granted options to purchase ordinary shares as part of the company’s Savings-Related Share Option Scheme 2023. This scheme is designed for all employees, including executive directors, and Baldock has joined the five-year plan. This move reinforces Currys’ commitment to aligning the interests of its leadership with the company’s overall performance and provides an opportunity for stakeholders to gauge the executive’s confidence in the company’s future growth.

Regulatory Filings and Compliance
Currys plc Announces Share Capital Update
Neutral
Feb 3, 2025

Currys plc announced the total issued share capital of the company as of January 31, 2025, consists of 1,133,494,651 ordinary shares with voting rights. This information is crucial for shareholders as it helps them determine the need to notify any interest changes in compliance with the Disclosure Guidance and Transparency Rules.

Regulatory Filings and Compliance
Currys PLC Director Increases Shareholding
Positive
Jan 29, 2025

Currys plc announced that Octavia Morley, the Senior Independent Director, purchased 35,000 ordinary shares in the company at a price of 89.55p per share on January 28, 2025. This transaction was publicized in accordance with EU Market Abuse Regulation requirements and reflects the director’s confidence in the company’s prospects, potentially influencing investor sentiment positively.

Currys plc Announces Live Interactive Investor Presentation
Jan 16, 2025

Currys plc announced that Group CEO Alex Baldock will host a live interactive presentation on the Engage Investor platform on January 23, 2025, inviting current shareholders and interested investors to participate. This initiative reflects Currys’ ongoing efforts to engage with stakeholders and highlight its industry leadership in technology retail, focusing on the benefits of technology for improved connectivity, productivity, and entertainment.

Currys PLC Reports Change in Major Shareholder Voting Rights
Jan 15, 2025

Currys PLC, a UK-based company, has disclosed a significant change in the voting rights of RWC Asset Management LLP, as reported through a TR-1 notification. The announcement indicates that RWC’s voting rights in Currys have decreased from 13.96% to 12.97%, reflecting a disposal of voting rights, which may influence the company’s shareholder dynamics.

Currys plc Reports Robust Peak Trading and Positive Profit Outlook
Jan 15, 2025

Currys plc reported strong trading performance for the peak period ending 4 January 2025, with UK & Ireland revenue increasing by 2% and Nordics by 1%. The company’s profit outlook has improved, driven by robust sales in mobile, gaming, and premium computing, and a significant increase in omnichannel sales. Currys expects to surpass consensus profit expectations with a forecasted adjusted profit before tax of £145-155 million, reflecting strong free cash flow and business momentum, leading to a planned dividend declaration.

Currys plc Updates Share Capital Structure for Transparency
Jan 2, 2025

Currys plc has announced its current share capital structure, which consists of over 1.1 billion ordinary shares, each with voting rights. This disclosure is in line with regulatory requirements and is crucial for shareholders to determine their notification obligations regarding their interests in the company.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.