DEC Stock Analysis: JC Decaux | PA
Advertising Agencies | PA, France | Market Cap: 4.527m EUR | 12M Return: 42.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.15M
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
JCDecaux SE is a global outdoor advertising company headquartered in Neuilly-sur-Seine, France, operating through three segments: Street Furniture, Transport, and Billboard. Its Street Furniture segment provides advertising on bus shelters, kiosks, and information panels, while also renting related equipment such as automatic public toilets and bikes, along with maintenance services. The Transport segment delivers advertising across airports, metros, buses, trams, and trains, and the Billboard segment handles large-format, neon-light, and wall-wrap advertising on private property. Founded in 1964, the company is a subsidiary of JCDecaux Holding SAS and is listed on the Paris stock exchange.
JCDecaux is generally regarded as one of the worlds largest pure-play outdoor advertising operators, and the sector is characterized by long-term concession contracts with municipalities and transit authorities, which create high barriers to entry and recurring revenue streams.
- Global air travel rebound accelerates transport segment ad revenue
- Digital out-of-home rollout lifts street furniture margins
- European cities restrict outdoor advertising permits and contracts
| Net Income: 262.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 1.37 > 1.0 |
| NWC/Revenue: 6.33% < 20% (prev 1.87%; Δ 4.45% < -1%) |
| CFO/TA 0.15 > 3% & CFO 1.18b > Net Income 262.7m |
| Net Debt (4.58b) to EBITDA (994.9m): 4.60 < 3 |
| Current Ratio: 1.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (213.4m) vs 12m ago -0.32% < -2% |
| Gross Margin: 42.06% > 18% (prev 41.20%; Δ 0.85% > 0.5%) |
| Asset Turnover: 43.84% > 50% (prev 42.17%; Δ 1.67% > 0%) |
| Interest Coverage Ratio: 2.75 > 6 (EBIT TTM 436.5m / Interest Expense TTM 158.6m) |
| A: 0.03 (Total Current Assets 2.31b - Total Current Liabilities 2.08b) / Total Assets 8.14b |
| B: 0.23 (Retained Earnings 1.91b / Total Assets 8.14b) |
| C: 0.05 (EBIT TTM 436.5m / Avg Total Assets 8.38b) |
| D: 0.39 (Book Value of Equity 2.24b / Total Liabilities 5.78b) |
| Altman-Z'' = 1.71 = BBB |
| DSRI: 0.98 (Receivables 811.0m/815.8m, Revenue 3.67b/3.63b) |
| GMI: 0.98 (GM 41.20% / 42.06%) |
| AQI: 1.02 (AQ_t 0.36 / AQ_t-1 0.35) |
| SGI: 1.01 (Revenue 3.67b / 3.63b) |
| TATA: -0.11 (NI 262.7m - CFO 1.18b) / TA 8.14b) |
| Beneish M = -3.05 (Cap -4..+1) = AA |
As of July 15, 2026, the stock is trading at EUR 21.08 with a total of 180,250 shares traded. Over the past week, the price has changed by +1.84%, over one month by +12.13%, over three months by +10.07% and over the past year by +42.45%.
Current recommended Stop Loss: 20.40 (which is 3.2% or 1.3 ATR below the current price).
JC Decaux has no consensus analysts rating.
P/E Trailing = 17.3008
P/E Forward = 15.8983
P/S = 1.2151
P/B = 1.9625
P/EG = 1.5923
Revenue TTM = 3.67b EUR
EBIT TTM = 436.5m EUR
EBITDA TTM = 994.9m EUR
Long Term Debt = 1.88b EUR (from longTermDebt, last quarter)
Short Term Debt = 691.7m EUR (from shortTermDebt, last quarter)
Debt = 5.93b EUR (from shortLongTermDebtTotal, last quarter) + Leases 2.00b
Net Debt = 4.58b EUR (calculated: Debt 5.93b - CCE 1.35b)
Enterprise Value = 9.10b EUR (4.53b + Debt 5.93b - CCE 1.35b)
Interest Coverage Ratio = 2.75 (Ebit TTM 436.5m / Interest Expense TTM 158.6m)
EV/FCF = 10.37x (Enterprise Value 9.10b / FCF TTM 878.2m)
FCF Yield = 9.65% (FCF TTM 878.2m / Enterprise Value 9.10b)
FCF Margin = 23.91% (FCF TTM 878.2m / Revenue TTM 3.67b)
Net Margin = 7.15% (Net Income TTM 262.7m / Revenue TTM 3.67b)
Gross Margin = 42.06% ((Revenue TTM 3.67b - Cost of Revenue TTM 2.13b) / Revenue TTM)
Gross Margin QoQ = 34.36% (prev 50.68%)
Tobins Q-Ratio = 1.12 (Enterprise Value 9.10b / Total Assets 8.14b)
Interest Expense / Debt = 2.68% (Interest Expense 158.6m / Debt 5.93b)
Taxrate = 21.79% (85.0m / 390.0m)
NOPAT = 341.4m (EBIT 436.5m * (1 - 21.79%))
Current Ratio = 1.11 (Total Current Assets 2.31b / Total Current Liabilities 2.08b)
Debt / Equity = 2.65 (Debt 5.93b / totalStockholderEquity, last quarter 2.24b)
Debt / EBITDA = 4.60 (Net Debt 4.58b / EBITDA 994.9m)
Debt / FCF = 5.21 (Net Debt 4.58b / FCF TTM 878.2m)
Total Stockholder Equity = 2.14b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.14% (Net Income 262.7m / Total Assets 8.14b)
RoE = 12.28% (Net Income TTM 262.7m / Total Stockholder Equity 2.14b)
RoCE = 10.85% (EBIT 436.5m / Capital Employed (Equity 2.14b + L.T.Debt 1.88b))
RoIC = 5.20% (NOPAT 341.4m / Invested Capital 6.57b)
WACC = 3.83% (E(4.53b)/V(10.5b) * Re(6.10%) + D(5.93b)/V(10.5b) * Rd(2.68%) * (1-Tc(0.22)))
Discount Rate = 6.10% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 74.71 | Cagr: 0.12%
[DCF] Terminal Value 76.46% ; FCFF base≈851.4m ; Y1≈913.3m ; Y5≈1.10b
[DCF] Fair Price = 58.12 (EV 16.9b - Net Debt 4.58b = Equity 12.4b / Shares 212.8m; r=8.35% [WACC [floored]]; 5y FCF grow 8.25% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 77.52 | Revenue CAGR: 19.97% | SUE: -0.66 | # QB: 0
EPS current Quarter (2026-03-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS next Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=1.36 | Chg30d=-0.30% | Revisions=-38% | GrowthEPS=+10.2% | GrowthRev=+3.5%
EPS next Year (2027-12-31): EPS=1.52 | Chg30d=-0.42% | Revisions=-38% | GrowthEPS=+11.3% | GrowthRev=+4.4%
[Analyst] Revisions Ratio: -46% (up=2, down=8)