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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)

74Outperform
Currys plc demonstrates significant strengths in financial recovery and operational efficiency, supported by a favorable valuation. Positive corporate events further enhance investor confidence. However, the lack of comprehensive technical data and revenue decline pose moderate risks.

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
Positive
Last Price94.55
Price Trends
50DMA
92.80
Positive
100DMA
89.84
Positive
200DMA
85.29
Positive
Market Momentum
MACD
-0.99
Positive
RSI
39.72
Neutral
STOCH
20.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CURY, the sentiment is Positive. The current price of 94.55 is above the 20-day moving average (MA) of 90.73, above the 50-day MA of 92.80, and above the 200-day MA of 85.29, indicating a bullish trend. The MACD of -0.99 indicates Positive momentum. The RSI at 39.72 is Neutral, neither overbought nor oversold. The STOCH value of 20.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
£283.99M6.8913.65%6.88%7.75%-21.78%
74
Outperform
£1.05B5.262.95%-10.46%396.13%
72
Outperform
£1.14B17.3120.52%3.74%6.97%-14.59%
GBAO
66
Neutral
£538.37M20.2020.28%-0.39%2.68%
GBJDW
64
Neutral
£610.70M10.4416.38%2.14%3.70%57.10%
59
Neutral
$11.74B10.16-1.06%4.15%1.27%-16.61%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:CURY
Currys plc
94.55
31.25
49.37%
GB:SMWH
WH Smith
900.50
-394.06
-30.44%
GB:CARD
Card Factory
81.60
-7.74
-8.66%
GB:AO
AO World
92.90
-14.10
-13.18%
GB:JDW
J D Wetherspoon
552.00
-178.36
-24.42%

Currys plc Corporate Events

Business Operations and StrategyRegulatory Filings and Compliance
Currys plc Announces Change in Major Shareholder Holdings
Neutral
Apr 4, 2025

Currys plc has announced a change in its major holdings, with Cobas Asset Management, SGIIC, S.A., a Madrid-based investment management firm, adjusting its voting rights in the company. As of April 3, 2025, Cobas Asset Management holds 6.823144% of the voting rights in Currys plc, a slight decrease from its previous position of 7.115493%. This adjustment reflects a strategic decision by Cobas Asset Management and may influence stakeholder perceptions regarding the company’s governance and future direction.

Business Operations and StrategyFinancial Disclosures
Currys plc Expects Higher Full-Year Profits Amid Strong Sales Growth
Positive
Apr 3, 2025

Currys plc has announced that its full-year profits are expected to surpass previous guidance, with adjusted profit before tax now anticipated to be around £160 million. The company attributes this positive outlook to robust trading and continued sales growth in the UK&I and the Nordics. This financial performance positions Currys plc in a strong net cash position as the financial year draws to a close, reflecting its solid market leadership and operational efficiency.

Business Operations and StrategyFinancial Disclosures
Currys plc Expects Higher Full-Year Profits Amid Strong Sales Growth
Positive
Apr 3, 2025

Currys plc has announced that its full-year profits are expected to exceed previous guidance, with an adjusted profit before tax now anticipated to be around £160 million, up from the earlier estimate of £145-155 million. This positive outlook is driven by robust trading and continued sales growth in the UK, Ireland, and the Nordics, positioning the company to end the year in a strong net cash position. The announcement reflects Currys’ solid operational performance and its market leadership, which is likely to have positive implications for stakeholders.

Regulatory Filings and Compliance
Currys plc Announces Share Capital and Voting Rights Update
Neutral
Apr 1, 2025

Currys plc announced that its issued share capital as of March 31, 2025, consists of 1,133,494,651 ordinary shares, each with voting rights. This information is crucial for shareholders to determine their interest in the company as per the Disclosure Guidance and Transparency Rules, impacting how they manage their investments and voting power.

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.

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.