(DEC) JC Decaux - Overview
Stock: Street Furniture, Transport Ads, Billboards
Dividends
| Dividend Yield | 3.61% |
| Yield on Cost 5y | 4.97% |
| Yield CAGR 5y | -44.98% |
| Payout Consistency | 58.7% |
| Payout Ratio | 48.9% |
| Risk 5d forecast | |
|---|---|
| Volatility | 31.4% |
| Relative Tail Risk | -10.5% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.27 |
| Alpha | 1.81 |
| Character TTM | |
|---|---|
| Beta | 0.143 |
| Beta Downside | 0.195 |
| Drawdowns 3y | |
|---|---|
| Max DD | 39.55% |
| CAGR/Max DD | -0.22 |
Description: DEC JC Decaux January 11, 2026
JC Decaux SE (ticker DEC) is the world’s largest outdoor-advertising operator, organized into three business lines: Street Furniture (mall-based ads, public-domain kiosks, bike-share and toilet rentals, plus associated maintenance services), Transport (advertising in airports, metros, buses, trams and trains), and Billboard (large-format, back-lit, neon and wall-wrap billboards on private property). The firm, founded in 1964 and headquartered in Neuilly-sur-Seine, France, is a subsidiary of JC Decaux Holding SAS.
Key performance indicators from FY 2023 show a 7 % YoY increase in net revenue to €3.1 bn, driven largely by a 9 % rise in Transport-segment earnings as airlines and urban transit recover post-COVID. The Street Furniture segment contributed 45 % of total revenue, benefiting from expanding bike-share contracts in European cities-a sector driver linked to municipal sustainability targets and EU green-mobility funding.
Industry-wide, outdoor advertising is sensitive to discretionary spend cycles and to the rollout of 5G-enabled digital screens, which can boost average revenue per display by up to 15 % according to recent market research. JC Decaux’s extensive long-term contracts with municipalities provide a defensive cash-flow profile, but exposure to currency fluctuations (EUR/USD) remains a material risk.
For a deeper dive into how JC Decaux’s valuation compares to peers and the impact of emerging digital-outdoor trends, you might explore the detailed analysis on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income: 506.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.20 > 0.02 and ΔFCF/TA 10.80 > 1.0 |
| NWC/Revenue: 0.46% < 20% (prev 11.61%; Δ -11.16% < -1%) |
| CFO/TA 0.28 > 3% & CFO 2.27b > Net Income 506.2m |
| Net Debt (3.11b) to EBITDA (2.02b): 1.54 < 3 |
| Current Ratio: 1.02 > 1.5 & < 3 |
| Outstanding Shares: last quarter (214.0m) vs 12m ago 0.49% < -2% |
| Gross Margin: 41.71% > 18% (prev 0.34%; Δ 4137 % > 0.5%) |
| Asset Turnover: 83.36% > 50% (prev 40.95%; Δ 42.41% > 0%) |
| Interest Coverage Ratio: 2.03 > 6 (EBITDA TTM 2.02b / Interest Expense TTM 414.3m) |
Altman Z'' 0.73
| A: 0.00 (Total Current Assets 2.05b - Total Current Liabilities 2.02b) / Total Assets 7.97b |
| B: 0.01 (Retained Earnings 75.9m / Total Assets 7.97b) |
| C: 0.10 (EBIT TTM 840.9m / Avg Total Assets 8.63b) |
| D: 0.01 (Book Value of Equity 79.2m / Total Liabilities 5.82b) |
| Altman-Z'' Score: 0.73 = B |
Beneish M -3.14
| DSRI: 0.50 (Receivables 811.9m/855.5m, Revenue 7.19b/3.80b) |
| GMI: 0.81 (GM 41.71% / 33.90%) |
| AQI: 1.10 (AQ_t 0.36 / AQ_t-1 0.33) |
| SGI: 1.89 (Revenue 7.19b / 3.80b) |
| TATA: -0.22 (NI 506.2m - CFO 2.27b) / TA 7.97b) |
| Beneish M-Score: -3.14 (Cap -4..+1) = AA |
What is the price of DEC shares?
Over the past week, the price has changed by -0.96%, over one month by +4.49%, over three months by +7.56% and over the past year by +5.63%.
Is DEC a buy, sell or hold?
What are the forecasts/targets for the DEC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 19.1 | 15.7% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 17.5 | 5.8% |
DEC Fundamental Data Overview February 03, 2026
P/E Trailing = 14.8839
P/E Forward = 9.6525
P/S = 0.9602
P/B = 1.7125
Revenue TTM = 7.19b EUR
EBIT TTM = 840.9m EUR
EBITDA TTM = 2.02b EUR
Long Term Debt = 1.77b EUR (from longTermDebt, last quarter)
Short Term Debt = 757.4m EUR (from shortTermDebt, last quarter)
Debt = 4.07b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.11b EUR (from netDebt column, last quarter)
Enterprise Value = 6.59b EUR (3.55b + Debt 4.07b - CCE 1.03b)
Interest Coverage Ratio = 2.03 (Ebit TTM 840.9m / Interest Expense TTM 414.3m)
EV/FCF = 4.13x (Enterprise Value 6.59b / FCF TTM 1.59b)
FCF Yield = 24.21% (FCF TTM 1.59b / Enterprise Value 6.59b)
FCF Margin = 22.16% (FCF TTM 1.59b / Revenue TTM 7.19b)
Net Margin = 7.04% (Net Income TTM 506.2m / Revenue TTM 7.19b)
Gross Margin = 41.71% ((Revenue TTM 7.19b - Cost of Revenue TTM 4.19b) / Revenue TTM)
Gross Margin QoQ = 50.68% (prev 33.15%)
Tobins Q-Ratio = 0.83 (Enterprise Value 6.59b / Total Assets 7.97b)
Interest Expense / Debt = 2.17% (Interest Expense 88.1m / Debt 4.07b)
Taxrate = 13.91% (13.7m / 98.5m)
NOPAT = 723.9m (EBIT 840.9m * (1 - 13.91%))
Current Ratio = 1.02 (Total Current Assets 2.05b / Total Current Liabilities 2.02b)
Debt / Equity = 1.98 (Debt 4.07b / totalStockholderEquity, last quarter 2.05b)
Debt / EBITDA = 1.54 (Net Debt 3.11b / EBITDA 2.02b)
Debt / FCF = 1.95 (Net Debt 3.11b / FCF TTM 1.59b)
Total Stockholder Equity = 2.07b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.87% (Net Income 506.2m / Total Assets 7.97b)
RoE = 24.50% (Net Income TTM 506.2m / Total Stockholder Equity 2.07b)
RoCE = 21.90% (EBIT 840.9m / Capital Employed (Equity 2.07b + L.T.Debt 1.77b))
RoIC = 16.27% (NOPAT 723.9m / Invested Capital 4.45b)
WACC = 4.00% (E(3.55b)/V(7.62b) * Re(6.44%) + D(4.07b)/V(7.62b) * Rd(2.17%) * (1-Tc(0.14)))
Discount Rate = 6.44% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -0.04%
[DCF Debug] Terminal Value 87.25% ; FCFF base≈1.30b ; Y1≈1.43b ; Y5≈1.84b
Fair Price DCF = 240.6 (EV 54.37b - Net Debt 3.11b = Equity 51.26b / Shares 213.0m; r=5.90% [WACC]; 5y FCF grow 11.76% → 2.90% )
EPS Correlation: -7.00 | EPS CAGR: -39.13% | SUE: 0.0 | # QB: 0
Revenue Correlation: 61.97 | Revenue CAGR: 15.27% | SUE: 0.98 | # QB: 1
EPS next Year (2026-12-31): EPS=1.40 | Chg30d=+0.026 | Revisions Net=+1 | Growth EPS=+9.6% | Growth Revenue=+3.7%