Currys plc (CURY) AI Stock Analysis

• Market Cap: £1.54B
• Dividend Yield: 1.18%
• Average Volume (3M): 3.18M
• Price to Earnings (P/E): 11.9
• Beta (1Y): 0.44
• Revenue Growth: 9.51%
• EPS Growth: -31.96%
• Country: UK
• Employees: 24,000
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 0.02
• Shares Outstanding: 1,110,330,400
• 10 Day Avg. Volume: 2,944,398
• 30 Day Avg. Volume: 3,179,128
• PEG Ratio: 0.04
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 0.14
• P/FCF Ratio: 3.21
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £176.67
• Price Target Upside: 21.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: 161.00p ▲(10.27% Upside)

The score is driven primarily by improving financial performance (better growth, reduced leverage, and strong free cash flow), supported by a low P/E valuation. Technicals are positive due to a strong uptrend, but elevated RSI/Stoch levels indicate momentum is stretched, tempering the overall rating.

Positive Factors

Revenue Growth

Currys' positive revenue growth indicates strong market demand and effective sales strategies, supporting long-term business expansion.

Cash Flow Generation

Strong cash flow growth enhances Currys' ability to reinvest in business operations, reduce debt, and provide shareholder returns.

Financial Stability

Improved leverage and a solid capital structure provide Currys with financial stability and flexibility for future investments.

Negative Factors

Profitability

Low net profit margins indicate challenges in converting revenue into profit, which could hinder long-term financial health.

Earnings Growth

Negative EPS growth reflects declining earnings performance, potentially impacting investor confidence and future capital raising.

Profitability Challenges

Ongoing profitability challenges may limit Currys' ability to invest in growth initiatives and compete effectively in the market.

Currys plc Business Overview & Revenue Model

Company Description

Currys Plc operates as a retailer of technology products and services. The company operates through UK & Ireland, Nordics, and Greece segments. It offers consumer electronics and mobile technology products and services; and mobile virtual network operator and consumer electrical repair services. The company also sells its products through online; and offers insurance services. As of July 20, 2022, it operated 832 stores in 8 countries. The company was formerly known as Dixons Carphone plc and changed its name to Currys Plc in September 2021. Currys Plc was founded in 1884 and is based in London, the United Kingdom.

How the Company Makes Money

Currys generates revenue through multiple key streams, primarily by selling a diverse array of consumer electronics and home appliances through its retail stores and online platforms. The company's revenue model is supported by several factors: first, the sale of products, which includes high-margin items such as laptops, smartphones, and kitchen appliances; second, the provision of additional services like delivery, installation, and extended warranties that enhance customer experience and generate extra income. Additionally, Currys has developed strategic partnerships with leading technology brands, allowing it to offer exclusive products and promotions, which boosts sales. The company also capitalizes on its online presence, driving e-commerce sales, which have become increasingly significant in recent years, further contributing to its overall profitability.

Currys plc Financial Statement Overview

Summary

Financials are improving: revenue growth is positive (5.72%), leverage has eased (debt-to-equity 0.43), and cash generation is strong (free cash flow growth 20.51% with high cash flow vs. net income). The main constraint is still low profitability (net margin 1.24% and modest ROE 4.81%).

Income Statement

Currys plc has shown a positive revenue growth rate of 5.72% in the latest year, indicating a recovery from previous declines. The gross profit margin has improved slightly to 18.61%, reflecting better cost management. However, the net profit margin remains low at 1.24%, suggesting limited profitability. The EBIT and EBITDA margins have improved, indicating better operational efficiency, but there is still room for improvement in profitability.

Balance Sheet

The company's debt-to-equity ratio has decreased to 0.43, showing improved leverage and financial stability. Return on equity is modest at 4.81%, reflecting moderate profitability. The equity ratio stands at 41.36%, indicating a solid capital structure with a good proportion of equity financing.

Cash Flow

Currys plc has achieved a strong free cash flow growth rate of 20.51%, demonstrating improved cash generation capabilities. The operating cash flow to net income ratio is 4.19, indicating strong cash flow relative to net income. The free cash flow to net income ratio is 0.83, showing efficient cash conversion from earnings.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.71B	8.48B	9.51B	10.14B	10.34B
Gross Profit	1.62B	1.53B	1.66B	1.79B	1.75B
EBITDA	494.00M	421.00M	-56.00M	560.00M	504.00M
Net Income	108.00M	165.00M	-481.00M	71.00M	12.00M
Balance Sheet
Total Assets	5.42B	5.31B	5.85B	6.91B	6.88B
Cash, Cash Equivalents and Short-Term Investments	179.00M	125.00M	97.00M	126.00M	175.00M
Total Debt	965.00M	1.03B	1.43B	1.35B	1.33B
Total Liabilities	3.18B	3.24B	3.96B	4.41B	4.50B
Stockholders Equity	2.24B	2.07B	1.89B	2.50B	2.38B
Cash Flow
Free Cash Flow	376.00M	318.00M	159.00M	295.00M	722.00M
Operating Cash Flow	453.00M	366.00M	270.00M	428.00M	844.00M
Investing Cash Flow	-82.00M	143.00M	-111.00M	-134.00M	-103.00M
Financing Cash Flow	-285.00M	-493.00M	-197.00M	-340.00M	-672.00M

Currys plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 146.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 146 is above the 20-day moving average (MA) of 134.55, above the 50-day MA of 130.87, and above the 200-day MA of 124.56, indicating a bullish trend. The MACD of 4.93 indicates Negative momentum. The RSI at 67.63 is Neutral, neither overbought nor oversold. The STOCH value of 93.88 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:CURY.

Currys plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DNLM	75 Outperform	£1.86B	11.96	121.78%	3.99%	3.78%	3.29%
CURY	73 Outperform	£1.54B	11.95	6.16%	1.18%	9.51%	-31.96%
HFD	67 Neutral	£327.25M	-9.71	-6.44%	6.30%	3.31%	-340.97%
AO	63 Neutral	£606.69M	51.71	7.52%	―	13.21%	-54.35%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
ASC	59 Neutral	£394.75M	-1.32	-81.34%	―	-14.89%	12.08%
SMWH	46 Neutral	£840.78M	-5.95	-11.61%	4.48%	-19.03%	-318.35%

Currys plc Corporate Events

Currys Cancels 496,000 Shares Under Ongoing Buy-Back Programme

Currys plc has continued to execute its share buy-back programme authorised at its September 2025 AGM, repurchasing 496,000 ordinary shares on 21 January 2026 at prices between 131.00p and 135.90p, with an average price of 133.91p per share. The shares, acquired through Panmure Liberum, will be cancelled, reducing the company’s share capital to 1,111,327,093 ordinary shares in issue, which in turn lowers the total voting rights and may affect major shareholders’ notification thresholds under UK disclosure and transparency rules.

The most recent analyst rating on (GB:CURY) stock is a Buy with a £147.00 price target. To see the full list of analyst forecasts on Currys plc stock, see the GB:CURY Stock Forecast page.

Currys Lifts Profit Guidance After Strong Peak Trading and Nordic Surge

Currys reported a strong peak trading period for the 10 weeks to 10 January 2026, with group like-for-like revenue up 6%, driven by 3% growth in the UK & Ireland and a standout 12% in the Nordics, where the market continued to recover and sales rose across all categories and countries. The retailer highlighted market share gains in both regions, double‑digit growth in omnichannel sales, and robust performance in higher-margin, recurring revenue streams such as services, credit, B2B and its iD Mobile base, which has grown 19% year on year to 2.5 million subscribers. On the back of this performance, Currys raised guidance for adjusted profit before tax to £180m–£190m, ahead of market expectations, confirmed it is on track to end the year with net cash above £100m, and detailed an ongoing £50m share buyback and interim dividend, underscoring a focus on shareholder returns, disciplined capital spending and a net cash balance sheet as it targets at least a 3% adjusted EBIT margin in both its core regions over the longer term.

The most recent analyst rating on (GB:CURY) stock is a Buy with a £153.00 price target. To see the full list of analyst forecasts on Currys plc stock, see the GB:CURY Stock Forecast page.

Currys Confirms Share Capital and Voting Rights for Disclosure Purposes

Currys plc has confirmed that as of 31 December 2025 its issued share capital consists of 1,111,823,093 ordinary shares of 0.1 pence each, all of which carry voting rights, with no shares held in treasury. The updated share count provides the reference figure shareholders must use to determine whether they are required to disclose holdings or changes in their interests in the company under the UK’s Disclosure Guidance and Transparency Rules, ensuring continued transparency around significant ownership positions in the stock.

The most recent analyst rating on (GB:CURY) stock is a Hold with a £155.00 price target. To see the full list of analyst forecasts on Currys plc stock, see the GB:CURY Stock Forecast page.

Currys Posts Robust Half-Year Growth with Focus on Sustainable Expansion

Currys plc reported a robust half-year performance with an adjusted profit before tax of £22m, a 144% year-over-year increase, and free cash flow of £84m, up 68%. Revenue growth was notable across both UK&I and Nordic markets, driven by initiatives such as service revenue growth, B2B sales, and new categories in the UK&I, alongside strong execution in Nordic operations. The company retained its leadership position in the Nordics, while outperforming the UK market despite cost headwinds. Currys remains focused on sustainable growth, cash flow generation, and shareholder returns, exemplified through its £50m buyback program and declared dividends. The guidance for the full year remains unchanged, further cementing its stable trajectory in financial and operational performance.

The most recent analyst rating on (GB:CURY) stock is a Buy with a £147.00 price target. To see the full list of analyst forecasts on Currys plc stock, see the GB:CURY Stock Forecast page.

Currys plc Updates Share Capital Information for Stakeholders

Currys plc announced that its issued share capital as of October 31, 2025, consists of over 1.1 billion ordinary shares, all of which carry voting rights. This update is crucial for shareholders as it provides the necessary information for calculating their interests in the company, ensuring compliance with the Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:CURY) stock is a Buy with a £1.66 price target. To see the full list of analyst forecasts on Currys plc stock, see the GB:CURY Stock Forecast page.