Currys (STU:CWB) Scaled Net Operating Assets: 0.54 (As of Oct. 2025)


STU:CWB Currys PLC STU:CWB
46 GF Score
Price €1.85
GF Value €0.95
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Currys Scaled Net Operating Assets?

Currys STU:CWB -2.63% 46 Scaled Net Operating Assets is 0.54 as of Oct. 2025. GuruFocus rates STU:CWB with a GF Score™ of 46/100 and a GF Value™ of €0.95 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Currys's operating assets for the quarter that ended in Oct. 2025 was €6,599 Mil. Currys's operating liabilities for the quarter that ended in Oct. 2025 was €3,150 Mil. Currys's Total Assets for the quarter that ended in Apr. 2025 was €6,342 Mil. Therefore, Currys's scaled net operating assets (SNOA) for the quarter that ended in Oct. 2025 was 0.54.

Currys Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Currys's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Currys Scaled Net Operating Assets Chart

Currys Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.57 0.45 0.53 0.57

Currys Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.50 0.55 0.53 0.54

STU:CWB vs CASY, WSM, DKS: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, Currys's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Currys Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Currys's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Currys's Scaled Net Operating Assets falls into.


STU:CWB
46GF Score
Currys PLC STU:CWB
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Currys Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Currys's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Apr. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Apr. 2025 )
=(Operating Assets (A: Apr. 2025 )-Operating Liabilities (A: Apr. 2025 ))/Total Assets (A: Apr. 2024 )
=(6132.93-2590.473)/6192.726
=0.57

where

Operating Assets(A: Apr. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6342.273 - 209.343
=6132.93

Operating Liabilities(A: Apr. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3719.054 - 864.271 - 264.31
=2590.473

Currys's Scaled Net Operating Assets (SNOA) for the quarter that ended in Oct. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Oct. 2025 )
=(Operating Assets (Q: Oct. 2025 )-Operating Liabilities (Q: Oct. 2025 ))/Total Assets (Q: Apr. 2025 )
=(6599.047-3150.432)/6342.273
=0.54

where

Operating Assets(Q: Oct. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6753.873 - 154.826
=6599.047

Operating Liabilities(Q: Oct. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4181.461 - 805.097 - 225.932
=3150.432

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.54 mean?
Currys (STU:CWB) has a Scaled Net Operating Assets of 0.54 as of Oct. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Currys and its competitors.
Is Currys' Scaled Net Operating Assets too high?
Currys' current Scaled Net Operating Assets is 0.54. Overall, Currys has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Currys' Scaled Net Operating Assets compare to CASY and WSM?
Currys' Scaled Net Operating Assets of 0.54 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Currys and its competitors. Currys's current Scaled Net Operating Assets is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Currys stock overvalued right now?
Based on GuruFocus' analysis, Currys (STU:CWB) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.95, compared to a current price of €1.85 — trading 94.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.54. Currys' overall GF Score™ is 46/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Currys (STU:CWB), the current Scaled Net Operating Assets is 0.54 as of Oct. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Currys (STU:CWB) Overvalued in 2026?

Based on GuruFocus' analysis, Currys stock appears to be overvalued. The current stock price of €1.85 is trading 94.7% above its estimated GF Value™ of €0.95. GuruFocus considers Currys to be Significantly Overvalued.

Key valuation signals for STU:CWB:

  • Scaled Net Operating Assets: 0.54
  • GF Value™: €0.95 vs. price of €1.85 (94.7% above fair value)
  • GF Score™: 46/100 with 8 warning signs

No single metric tells the full story. See the STU:CWB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Currys Business Description

Other Exchanges DSITF:USACURYl:UKCURY:UK
Address 1 Portal Way, London, GBR, W3 6RS
Currys PLC is an omnichannel retailer of technology products and services with stores across countries. The company's segment include: UK & Ireland: comprises the operations of Currys, iD Mobile and B2B operations; and Nordics; operates both franchise and own stores in Norway, Sweden, Finland and Denmark with further franchise operations in Iceland, Greenland and the Faroe Islands. UK & Ireland and Nordics are involved in the sale of consumer electronics and mobile technology products and services, through stores or online channels. It derives maximum revenue from UK & Ireland.
46GF Score

Get the complete analysis for STU:CWB

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.85
Price
€0.95
GF Value