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UK electricals retailer selling consumer electronics, appliances and mobile phones through stores and online.
UK electricals retailer selling consumer electronics, appliances and mobile phones through stores and online.
Sells electricals on thin product margins and tries to earn more from services such as repair plans, insurance and customer credit, which are paid for repeatedly rather than once. The Nordic business, sold under the Elkjop and Elgiganten names, is a major earner alongside the UK.
In one line: The UK's Best Buy.
Moat: narrow (scale, distribution, brand). Leading UK/Nordic electronics retail scale and an omnichannel store-plus-online network.
Headquarters: London, UK · Employees: 24,000
Size Currys (CURY.L) is a United Kingdom Industrials company (Wholesale Distributors) with a market value of $1.97B, the 159th largest of 363 United Kingdom companies the cockpit tracks. Shares closed at £144.00 on 6 Nov 2026.
Performance Over six months the shares gained 16.5%, against +3.7% for the median peer and +3.6% for the United Kingdom market (cap-weighted) — 6th highest of 21 in its peer set.
Growth Revenue grew 6.3% over the last twelve months (peer median +6.6%); the operating margin is 2.4% (peer median 6.7%).
Valuation It trades at 10.4× forward earnings against a peer median of 20.7× (3rd cheapest of 16).
Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is -2%, so the hurdle is +7 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 6.3 points below its cost of capital (11.5% WACC).
Next results Next results expected around 17 Dec 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | £9.25B | £9.25B | £8.71B | £8.48B | £8.87B |
| Revenue growth | — | +6% | +3% | -4% | — |
| Gross profit | n/a | £1.63B | £1.60B | £1.53B | £1.54B |
| EBITDA | £514M | £554M | £517M | £477M | £503M |
| Net income | £165M | £165M | £108M | £165M | -£481M |
| Free cash flow | £279M | £279M | £309M | £231M | £79.0M |
| Capital expenditure | £79.0M | £79.0M | £77.0M | £48.0M | £103M |
| Total debt | n/a | £952M | £965M | £1.03B | £1.43B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Currys CURY.L | $1.97B | +16% | +6% | 2% | 10.4× | 4.3% |
| Best Buy BBY | $20.9B | +70% | +1% | 4% | 14.2× | 3.0% |
| Amazon AMZN | $2.80T | -5% | +15% | 13% | 26.3× | n/a |
| J Sainsbury SBRY.L | $10.4B | +16% | -3% | 3% | 14.9× | 7.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CURY.L | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.5% | -0.3% | 10th lowest of 21 |
| 6-month return | +16.5% | +3.7% | 6th highest of 21 |
| Distance from 52-week high | -15.0% | -22.2% | 8th highest of 21 |
| Revenue growth (TTM) | +6.3% | +6.6% | 8th lowest of 21 |
| Operating margin | 2.4% | 6.7% | 4th lowest of 19 |
| Forward P/E | 10.4× | 20.7× | 3rd cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | 4.3% | 6.6% | 8th least demanding of 18 |
| Growth delivered (Del g) | -2.2% | +10.1% | 2nd lowest of 18 |
| Hurdle (Req g minus delivered) | +6.6 pp | -8.3 pp | 4th most demanding of 18 |
| ROIC minus cost of capital | -6.3 pp | +1.0 pp | 3rd lowest of 18 |
| EV / EBITDA | 4.4× | 14.3× | cheapest of 10 |
| Net debt / EBITDA | 1.5× | 2.4× | 6th least indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Currys CURY.L | United Kingdom | $1.97B | +16% | +6% | 2% | 10.4× | 4.3% | -2.2% |
| BIC Cameras 3048.T | Japan | $1.94B | +10% | +7% | 4% | 15.2× | -8.2% | +4.5% |
| Dalrymple Bay Infrastructure DBI.AX | Australia | $1.92B | +6% | +11% | 29% | 26.2× | 7.8% | +104.8% |
| Shanghai Xinhua Media 600825.SS | China | $2.03B | +118% | +1% | -1% | n/a | 44.5% | +2.3% |
| ARE 5857.T | Japan | $1.89B | +1% | +38% | 7% | 9.3× | 2.0% | +29.4% |
| Travis Perkins TPK.L | United Kingdom | $1.86B | +28% | 0% | 3% | 23.2× | 8.5% | +4.3% |
| Jiangxi Tungsten Rare and Precious Equipment 600397.SS | China | $1.86B | -13% | -92% | n/a | 156.9× | n/a | n/a |
| Pengxin International Mining 600490.SS | China | $1.85B | -32% | -20% | n/a | n/a | 6.6% | -17.2% |
| Tibet Huayu Mining 601020.SS | China | $1.83B | -48% | -22% | 23% | n/a | n/a | n/a |
| Inaba Denkisangyo 9934.T | Japan | $1.82B | -4% | +15% | 8% | n/a | -11.9% | +8.5% |
| Happinet 7552.T | Japan | $1.82B | +133% | +19% | 3% | 16.2× | -4.1% | +11.1% |
| AGTech 8279.HK | Hong Kong | $1.78B | +109% | +24% | 8% | n/a | -14.9% | +36.3% |
| DXP Enterprises DXPE | United States | $2.18B | -10% | +11% | 9% | 20.7× | 6.6% | +14.9% |
| Arteche Lantegi Elkartea ART.MC | Spain | $1.77B | -36% | +11% | 14% | 25.2× | 7.2% | +13.9% |
| Anhui Xinhua Media 601801.SS | China | $1.72B | -3% | -16% | 4% | 13.6× | n/a | n/a |
| Norinco International Cooperation 000065.SZ | China | $1.72B | -23% | -21% | 9% | 13.5× | -5.1% | +1.1% |
| Hanwa 8078.T | Japan | $2.29B | +7% | +6% | 2% | 7.8× | -4.2% | +8.8% |
| OEM International OEM-B.ST | Sweden | $2.34B | +11% | +11% | 15% | 29.9× | 14.6% | +10.1% |
| Distribution Solutions DSGR | United States | $1.62B | +27% | +6% | 4% | 40.9× | 15.5% | +41.3% |
| DNOW DNOW | United States | $2.40B | +2% | +70% | -3% | 23.6× | 9.8% | +11.7% |
| Hillman Solutions HLMN | United States | $1.62B | +6% | +6% | 6% | 13.3× | 17.9% | +2.6% |