JCDecaux DEC.PA
FranceCommunication Services · Advertising AgenciesEuronext París · EUR
26.50 EUR (+9.2%)
13 analysts
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JCDecaux is a French company, world leader in outdoor advertising, operating concession contracts for street furniture, billboards and transport advertising, generating recurring revenue from renting advertising space.
Listed on Euronext París · Symbol DEC.PA · EPA: DEC · Currency EUR
Key points
from its scores- ✓Good share-price trend9.7
- ✓Attractive valuation7.7
- ✓Strong growth7.5
- ✕Fragile balance sheet4.3
- !Risks to watch5.1
AI analysis
bottom line, main risk, context and newsValuation and growth justify the position, but watch leverage and the cost of debt amid ECB rate hikes.
JCDecaux presents an attractive valuation (P/E 15.86, FCF yield 16.72%) and strong earnings growth (85.50%), although its high leverage (Net Debt/EBITDA 3.16) and the rising rate environment in Europe add pressure on its financial health.
The main risk is its high leverage (Net Debt/EBITDA 3.16) in a rising interest rate environment in Europe, which could compress its operating margin and limit its financial flexibility.
Context and risks
JCDecaux operates in France, a country with elevated governance risk according to the assigned profile. Although its outdoor advertising business is global, its tax domicile and part of its corporate structure are exposed to an institutional environment that may affect minority shareholder protection.
Is JCDecaux stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades in line with the Communication Services median (within 15%).
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 15.9 | 17.1 | −8% |
| EV / EBITDA | 9.6 | 9.6 | +0% |
| Price / book | 2.2 | 2.3 | −3% |
| Price / sales | 1.4 | 1.9 | −29% |
Sector: median of the 102 Communication Services companies analysed. In bold, the multiples used for the comparison.
Valuation score: 7.7 out of 10 (median for Communication Services: 6.3).
Average analyst target: 26.50 EUR, +9.2% versus the price.
Classic formulas with standard assumptions (3.3% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Communication Services medianValuation
- P/E
- 15.9
- Forward P/E
- 15.3
- EV / EBITDA
- 9.6
- Price / book
- 2.2
- Price / sales
- 1.4
- PEG
- 1.59
- Market cap
- 5.2B EUR
- Enterprise value
- 7.9B EUR
Profitability
- ROE
- 16.1%
- ROA
- 3.7%
- ROIC (approx.)
- 5.2%
- Gross margin
- 51.7%
- Operating margin
- 8.7%
- Net margin
- 8.7%
- Free cash flow
- 862.8M EUR
- FCF yield
- 16.7%
- Cash conversion
- 106%
Solvency
- Total debt
- 3.9B EUR
- Net debt
- 2.6B EUR
- Cash
- 1.3B EUR
- EBITDA
- 817.3M EUR
- Net debt / EBITDA
- 3.16
- Debt / equity
- 161.13
- Current ratio
- 1.15
- Quick ratio
- 1.08
Growth
- Revenue growth
- +3.8%
- Earnings growth
- +85.5%
- EPS (TTM)
- 1.53 EUR
- EPS (forward)
- 1.58 EUR
Dividend
- Dividend yield
- 2.7%
- Payout
- 42.4%
Risk and market
- Beta
- 1.00
- Analyst consensus
- Buy (13)
- Target price
- 26.50 EUR
- 52-week range
- 14.12 – 25.40
Recent news
All DEC.PA news →Compare it with its sector
All 102 in Communication Services →Frequently asked questions about JCDecaux
Is JCDecaux stock cheap or expensive?
On P/E and EV / EBITDA, it trades in line with the Communication Services median (within 15%). Valuation score: 7.7 out of 10 (median for Communication Services: 6.3). Average analyst target: 26.50 EUR, +9.2% versus the price. This is not investment advice.
What score does JCDecaux get on MeridIAn Screener?
It scores 6.7 out of 10, rank 372 of 2,130 (better than 80% of the companies analysed). Its strongest category is Momentum (9.7) and its weakest, Financial health (4.3). Analysis of 08/10/2026.
What is JCDecaux's P/E ratio?
Its P/E is 15.9: the share price equals 15.9 times earnings per share over the last 12 months. The Communication Services median is 17.1. Based on the earnings analysts expect, the forward P/E is 15.3.
How much is JCDecaux worth on the stock market?
Its market capitalisation is 5.2B EUR and its enterprise value, debt included, is 7.9B EUR.
How much debt does JCDecaux have?
Its net debt (debt minus cash) is 2.6B EUR. That is 3.16 times its EBITDA; the Communication Services median is 2.19.
Does JCDecaux pay a dividend?
Yes: its dividend yield is 2.68% and it pays out 42% of its earnings.
How has JCDecaux stock performed over the last year?
It has risen 66.7% over the last year, excluding dividends. Over the last 52 weeks it has traded between 14.12 and 25.40 EUR. Past performance does not guarantee future results.
What do analysts think of JCDecaux?
13 analysts cover it; their average recommendation is “Buy” and their average target is 26.50 EUR (+9.2% versus the price). It is an estimate, not market data.