View Future GrowthJCDecaux 過去の業績過去 基準チェック /46JCDecauxは、平均年間61.7%の収益成長を遂げていますが、 Media業界の収益は、年間 成長しています。収益は、平均年間4.3% 11.3%収益成長率で 成長しています。 JCDecauxの自己資本利益率は12.9%であり、純利益率は7.1%です。主要情報61.71%収益成長率61.69%EPS成長率Media 業界の成長8.43%収益成長率11.33%株主資本利益率12.92%ネット・マージン7.15%次回の業績アップデート30 Jul 2026最近の業績更新Reported Earnings • Mar 15Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: €1.23 (up from €1.21 in FY 2024). Revenue: €3.67b (up 1.1% from FY 2024). Net income: €262.6m (up 1.4% from FY 2024). Profit margin: 7.1% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.2%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Sep 19+ 1 more updateJCDecaux SE to Report Fiscal Year 2025 Results on Mar 12, 2026JCDecaux SE announced that they will report fiscal year 2025 results at 6:00 AM, Coordinated Universal Time on Mar 12, 2026Reported Earnings • Aug 03First half 2025 earnings: EPS misses analyst expectationsFirst half 2025 results: EPS: €0.35 (down from €0.44 in 1H 2024). Revenue: €1.73b (up 4.0% from 1H 2024). Net income: €75.9m (down 20% from 1H 2024). Profit margin: 4.4% (down from 5.7% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 35%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 20Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: €1.21 (up from €0.98 in FY 2023). Revenue: €3.63b (up 10% from FY 2023). Net income: €258.9m (up 24% from FY 2023). Profit margin: 7.1% (up from 6.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Media industry in France. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • Dec 13+ 1 more updateJCDecaux SE to Report First Half, 2025 Results on Jul 31, 2025JCDecaux SE announced that they will report first half, 2025 results on Jul 31, 2025お知らせ • Nov 08JCDecaux SE to Report Fiscal Year 2024 Results on Mar 06, 2025JCDecaux SE announced that they will report fiscal year 2024 results Pre-Market on Mar 06, 2025すべての更新を表示Recent updatesナラティブの更新 • Jul 01DEC: Airport Contract Wins And Upgrades Will Shape A Balanced OutlookThe analyst fair value estimate for JCDecaux has shifted from €16.0 to €19.9, with analysts pointing to updated assumptions on revenue growth, profit margins and discount rate, supported by recent Buy-rated upgrades and higher price targets from Street research citing resilient demand for outdoor advertising. Analyst Commentary Recent Street commentary on JCDecaux highlights a mix of optimism on outdoor advertising demand and ongoing debate around how much of that outlook is already reflected in the share price.分析記事 • Jun 20JCDecaux (ENXTPA:DEC) Stock Could Be 16.7% Undervalued After VivaTech Smart City PushVivaTech launch puts JCDecaux’s smart city push in focus JCDecaux (ENXTPA:DEC) used VivaTech 2026 in Paris to showcase “Le Bus Shelter”, a reworked street-furniture concept that adds cooling, emergency support, sensors, Wi-Fi and advanced digital displays for urban passengers. See our latest analysis for JCDecaux. The VivaTech showcase comes as JCDecaux’s share price has built clear upward momentum, with a year to date share price return of 27.37% and a 1 year total shareholder return of...ナラティブの更新 • Jun 17DEC: Digital Outdoor Demand And Airport Win Will Support Future Re RatingThe updated analyst price target for JCDecaux moves to €23.58 from €22.96, with analysts pointing to improved long term outdoor advertising demand and recent rating upgrades as key supports for the revised view. Analyst Commentary Recent Street research on JCDecaux highlights a mix of optimism around long term outdoor advertising demand and some caution on execution and valuation, which helps explain the updated price targets and ratings on the stock.ライブニュース • Jun 16JCDecaux Stock: Unveils Urban Services Hub and AI Digital Ads at VivaTech 2026JCDecaux presented “Le Bus Shelter” at VivaTech 2026, a multifunctional urban hub that offers natural cooling, purified-water misting, emergency contact systems, environmental sensors, photovoltaic panels and real-time travel information. The company also launched “Unlimited DOOH”, an AI-powered, immersive digital out-of-home advertising experience developed with creative partners. Both offerings are positioned as part of JCDecaux’s focus on sustainable, service-oriented street furniture and advanced digital advertising solutions. These product launches highlight JCDecaux’s push to tie advertising closely to urban services, which can help cities view the company as an infrastructure partner rather than only an ad supplier. Investors may want to monitor how quickly municipalities and advertisers adopt these new formats. Deployment scale, capital requirements and monetisation terms could influence returns from JCDecaux’s digital and street furniture portfolio.お知らせ • Jun 15JCDecaux SE Unveils Le Bus Shelter And Unlimited DOOH Digital Experience At VivaTech 2026JCDecaux SE presented a series of innovations at the tenth edition of VivaTech, held from 17 to 20 June 2026 in Paris. The centrepiece of the booth, 'Le Bus Shelter' reinterprets JCDecaux’s iconic bus shelter by addressing the evolving daily habits of passengers and the challenges faced by local authorities. Designed as an urban services hub, it brings together a set of features that can be activated according to cities’ needs: a natural 'Filtreo module' cooling system, emergency contact point, defibrillator, colour e-paper neighbourhood map, drone module, environmental sensors, Wi-Fi and photovoltaic panels. Two innovations will be showcased for the first time: a patented purified-water misting system, deployed for the first time on a bus shelter, which helps urban spaces adapt to heatwaves by offering a temporary cooling solution; colour signage, displayed on a LED screen at height, provides clear real-time travel information about bus arrivals and line updates, while remaining readable from a distance and improving the passenger experience. Another key area of the booth, the 'Unlimited DOOH' experience will showcase a 13 m² 4K LED screen displaying exclusive digital creations, designed in part using artificial intelligence. Developed by JCDecaux teams or in collaboration with advertisers and creative studios, these immersive and interactive pieces of content will showcase the full creative and technological potential of DOOH to create memorable experiences.ナラティブの更新 • Jun 03DEC: Recent Research Upgrades Will Support A Stronger Earnings OutlookNarrative Update The analyst price target for JCDecaux has been raised to €28 from €22, with analysts pointing to recent upgrades and supporting research as they refine assumptions on growth, margins, discount rate and P/E expectations. Analyst Commentary Recent Street research on JCDecaux points to a clear cluster of bullish analyst actions, including ratings upgrades and higher price targets.お知らせ • May 23Jcdecaux Se Confirms Benefits of Greened Street Furniture ExperimentJCDecaux SE, together with the Ligue pour la Protection des Oiseaux (LPO – French League for the Protection of Birds), presented the promising results of its greening experiment based on 19 items of street furniture. The initiative has been running since April 2024 between the Jardin du Luxembourg and the Jardin des Plantes in Paris (France). As part of a broader strategy to create ecological continuity between parks and tree-lined areas, the greened JCDecaux street furniture promotes micro-ecosystems that are home to a wide variety of plant species, insects and birds. This initiative is proving to be effective by tackling the pressures on urban biodiversity. Since 2024, nesting has been recorded every year across the 17 nesting boxes along the route, with numbers increasing annually. Between April and May 2026, eight nesting boxes were occupied by great tits or blue tits, which successfully fledged around twenty nestlings. Planted with a wide range of nectar-producing species selected by a team of ecologists, these green spaces attract a high diversity of insects, including 11 identified pollinator species (honeybees, bumblebees, butterflies, etc.). This level of activity confirms the ecological appeal of the installations and the quality of the design, which are becoming genuine havens for biodiversity. Following the introduction by JCDecaux of new products and services (bus shelters, CIPs, self-cleaning public toilets, self-service bicycles and digital street furniture), the greening of street furniture is a natural extension of this approach. It is underpinned by JCDecaux’s virtuous business model, in which brand communication funds public services for the benefit of local authorities and the wider public interest.お知らせ • May 14JCDecaux SE Approves Distribution of DividendJCDecaux SE at the AGM held on 13 May 2026 approved the distribution of a dividend of €0.65 per share.Upcoming Dividend • May 12Upcoming dividend of €0.65 per shareEligible shareholders must have bought the stock before 19 May 2026. Payment date: 21 May 2026. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of French dividend payers (5.5%). Lower than average of industry peers (5.1%).ナラティブの更新 • May 09DEC: Recent Upgrades And Airport Wins Will Support A Stronger OutlookAnalysts have lifted their average price target on JCDecaux by €6 to €28, citing updated views on growth, profitability and a slightly higher assumed future P/E multiple, following recent upgrades and target increases from several firms. Analyst Commentary Bullish analysts are pointing to a cluster of recent upgrades and price target revisions as a sign of growing confidence in JCDecaux's ability to execute on its plans and support a higher valuation multiple.ナラティブの更新 • Apr 24DEC: Airport Wins And Digital Expansion Will Support Future Re RatingAnalysts have inched their average price target on JCDecaux higher to about €23, with the modest fair value adjustment supported by recent upgrades and higher price targets from several research houses. Analyst Commentary Recent Street research on JCDecaux has been broadly supportive, with several firms adjusting ratings and price targets around the same time.Declared Dividend • Apr 12Dividend increased to €0.65Dividend of €0.65 is 18% higher than last year. Ex-date: 19th May 2026 Payment date: 21st May 2026 Dividend yield will be 3.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover.ナラティブの更新 • Apr 09DEC: Airport And Rail Wins And Digital Shift Will Drive Re RatingThe analyst fair value estimate for JCDecaux has increased from about €19.65 to about €22.92. Analysts cite updated assumptions on growth, margins and future P/E, along with recent upward revisions to Street price targets and ratings, as key drivers of the change.ナラティブの更新 • Mar 25DEC: Airport And Rail Contracts Will Support A Stronger Future OutlookThe analyst fair value estimate for JCDecaux has shifted from €23.29 to €29.00, with analysts pointing to updated assumptions on growth, margins and future P/E, along with recent price target increases and rating changes in Street research as key drivers of the new view. Analyst Commentary Recent Street research has leaned more constructive on JCDecaux, with the new fair value estimate aligning with a series of bullish price target moves and at least one high profile rating upgrade.Price Target Changed • Mar 17Price target increased by 8.1% to €21.23Up from €19.65, the current price target is an average from 13 analysts. New target price is 6.2% above last closing price of €19.99. Stock is up 19% over the past year. The company is forecast to post earnings per share of €1.43 for next year compared to €1.23 last year.Reported Earnings • Mar 15Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: €1.23 (up from €1.21 in FY 2024). Revenue: €3.67b (up 1.1% from FY 2024). Net income: €262.6m (up 1.4% from FY 2024). Profit margin: 7.1% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.2%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Mar 14JCDecaux SE, Annual General Meeting, May 13, 2026JCDecaux SE, Annual General Meeting, May 13, 2026.Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €19.63, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 10x in the Media industry in France. Total returns to shareholders of 3.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €35.69 per share.お知らせ • Mar 13Jcdecaux Se Recommends Dividend for the Year 2025JCDecaux SE recommended the payment of a dividend of €0.65 per share for the 2025 financial year, up +18.2% year-on-year. Going forward, company intend to continue to gradually increase this dividend while maintaining a balanced cash allocation with capex and bolt-on M&A.ナラティブの更新 • Mar 11DEC: Airport And Rail Digital Media Wins Will Drive Future Re-RatingAnalysts have raised their price target for JCDecaux from about €19.34 to about €19.65, citing updated assumptions around revenue growth, profit margins, discount rate and future P/E as the main drivers of the change. What's in the News JCDecaux North America has been selected for a 10 year advertising contract at Denver International Airport, subject to Denver City Council approval.ナラティブの更新 • Feb 24DEC: Retail Media And Programmatic Screens Will Drive A Future Re-RatingAnalysts have nudged their price target for JCDecaux slightly higher to €19.34 from €19.11, citing updated assumptions around discount rate, profit margins and future P/E that fine tune their previous view rather than overhaul it. What's in the News JCDecaux is rolling out an enhanced version of its 360 Footprint tool internationally, extending coverage to all its advertising environments and measuring carbon, water, social and economic footprints of campaigns to support its 2030 ESG and Climate Strategies (Product-Related Announcements).ナラティブの更新 • Feb 10DEC: Global Digital Concessions And Retail Media Will Drive A Re-RatingAnalysts have kept their fair value estimate for JCDecaux steady at €19.11, with only slight technical adjustments to the discount rate and the assumed future P/E. This reflects unchanged core expectations for the business and its earnings profile.お知らせ • Feb 04Jcdecaux Se Unveils World's First Global Programmatic Dooh Media SolutionJCDecaux SE announced the global expansion of its pioneering programmatic Digital Out-of-Home (pDOOH) media solution. Building on the successful 2024 launch of the first global airport programmatic offer, JCDecaux now extends this powerful offer to street, transport, and retail environments, offering an end-to-end solution for worldwide campaign deployment. This pDOOH media solution empowers brands to connect with audiences throughout the consumer journey globally, across all JCDecaux's environments. By leveraging JCDecaux's global footprint and programmatic expertise, the solution provides advertisers with a single point of contact to execute targeted, dynamic, and impactful campaigns. It encompasses: Comprehensive coverage across airports, streets, transport hubs, and retail environments via a network of over 30,000 premium digital screens; Instant, real-time, and seamless activation of campaigns in over 35 markets; Fully programmatic, data-driven, and measurable campaigns. Part of the JCDecaux's AdTech suite, the solution is available exclusively through VIOOH Supply-Side Platform (SSP), the most connected programmatic digital network for OOH media in the world, and can be activated via Displayce and more than 55 other integrated Demand-Side Platforms (DSPs). This launch reinforces JCDecaux's pioneering role in AdTech for the Out-of-Home industry, building the digital infrastructure for simpler, data-driven storytelling on a worldwide scale. A key growth driver, Digital Out-of-Home media is fuelled by strong programmatic revenue growth as advertisers increasingly adopt programmatic buying.ナラティブの更新 • Jan 26DEC: Retail Media And Transport Digitisation Will Support A More Optimistic OutlookAnalysts have nudged their fair value estimate for JCDecaux from €18.75 to €19.11, reflecting updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News JCDecaux agreed a partnership to roll out indoor digital screens in Carrefour and Carmila shopping centres in France and Spain, creating a retail media network using Carrefour data and programmatic DOOH across 161 malls and 297 access areas (Client Announcement).ナラティブの更新 • Jan 12DEC: Transport And Retail Media Contracts Will Support A Stronger OutlookAnalysts have adjusted their price target for JCDecaux to €23.29. The change is mainly tied to updated assumptions around discount rates, revenue growth and profit margins rather than a shift in fair value itself.ナラティブの更新 • Dec 14DEC: European Transport And Retail Contracts Will Drive A Stronger OutlookAnalysts have modestly raised their price target on JCDecaux to €23.29 from €23.29, reflecting expectations for slightly faster revenue growth and improving profit margins, supported by a lower perceived discount rate, even as they factor in a somewhat reduced future P/E multiple. What's in the News JCDecaux entered exclusive negotiations for a major indoor and outdoor DOOH partnership with Carrefour, Carmila and Unlimitail, covering 161 shopping centres and 297 access areas in France, with Spain to follow.分析記事 • Dec 13JCDecaux (EPA:DEC) Takes On Some Risk With Its Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Buy Or Sell Opportunity • Oct 30Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.4% to €15.44. The fair value is estimated to be €12.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 17% in the next 2 years.分析記事 • Oct 28JCDecaux (EPA:DEC) Is Doing The Right Things To Multiply Its Share PriceWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Buy Or Sell Opportunity • Oct 15Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 1.1% to €15.12. The fair value is estimated to be €12.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 17% in the next 2 years.Buy Or Sell Opportunity • Sep 30Now 20% overvaluedOver the last 90 days, the stock has fallen 1.3% to €15.27. The fair value is estimated to be €12.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 18% in the next 2 years.お知らせ • Sep 19+ 1 more updateJCDecaux SE to Report Fiscal Year 2025 Results on Mar 12, 2026JCDecaux SE announced that they will report fiscal year 2025 results at 6:00 AM, Coordinated Universal Time on Mar 12, 2026Buy Or Sell Opportunity • Sep 08Now 20% overvaluedOver the last 90 days, the stock has fallen 4.2% to €15.11. The fair value is estimated to be €12.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 18% in the next 2 years.分析記事 • Sep 08Estimating The Fair Value Of JCDecaux SE (EPA:DEC)Key Insights The projected fair value for JCDecaux is €12.58 based on 2 Stage Free Cash Flow to Equity Current share...Buy Or Sell Opportunity • Aug 22Now 20% overvaluedOver the last 90 days, the stock has fallen 1.9% to €15.08. The fair value is estimated to be €12.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.分析記事 • Aug 20We Think JCDecaux (EPA:DEC) Is Taking Some Risk With Its DebtENXTPA:DEC 1 Year Share Price vs Fair Value Explore JCDecaux's Fair Values from the Community and select yours The...Buy Or Sell Opportunity • Aug 04Now 20% overvaluedOver the last 90 days, the stock has fallen 7.0% to €14.58. The fair value is estimated to be €12.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 22% in the next 2 years.分析記事 • Aug 03JCDecaux SE's (EPA:DEC) Share Price Is Matching Sentiment Around Its EarningsWhen close to half the companies in France have price-to-earnings ratios (or "P/E's") above 16x, you may consider...Reported Earnings • Aug 03First half 2025 earnings: EPS misses analyst expectationsFirst half 2025 results: EPS: €0.35 (down from €0.44 in 1H 2024). Revenue: €1.73b (up 4.0% from 1H 2024). Net income: €75.9m (down 20% from 1H 2024). Profit margin: 4.4% (down from 5.7% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 35%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.New Risk • Aug 01New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Upcoming Dividend • May 12Upcoming dividend of €0.55 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of French dividend payers (5.4%). Lower than average of industry peers (4.3%).お知らせ • Apr 09JCDecaux SE, Annual General Meeting, May 14, 2025JCDecaux SE, Annual General Meeting, May 14, 2025. Location: 17 rue soyer, neuilly sur seine Franceお知らせ • Mar 24JCDecaux SE(ENXTPA:DEC) dropped from FTSE All-World Index (USD)JCDecaux SE(ENXTPA:DEC) dropped from FTSE All-World Index (USD)New Risk • Mar 20New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 20Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: €1.21 (up from €0.98 in FY 2023). Revenue: €3.63b (up 10% from FY 2023). Net income: €258.9m (up 24% from FY 2023). Profit margin: 7.1% (up from 6.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Media industry in France. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • Mar 11JCDecaux SE Announces Executive ChangesJCDecaux SE announced the retirement from his operational role of Daniel Hofer, Member of the Executive Board and CEO for Germany, Austria, Central & Eastern Europe, Central Asia of JCDecaux, as per August 31, 2025. He will keep some mandates as a board member in selected companies as well as representing the Group in the board of WOO (World Out of Home Association). Daniel Hofer will not be currently replaced at the Executive Board of JCDecaux. Jérôme d’Héré, currently Director of Mergers & Acquisitions and Development of the Group, has been appointed to lead the region as per September 1, 2025, based in Berlin and reporting to Jean-François Decaux. Jérôme d’Héré, currently Director of Mergers & Acquisitions and Development of the Group, has been appointed to lead the region as per September 1, 2025, based in Berlin and reporting to Jean-François Decaux.An operational transition in July and August will be organised between Daniel Hofer and Jérôme d’Héré to ensure a smooth handover. The successor of Jérôme d’Héré will be announced in due time.Daniel Hofer joined the Out of Home media industry in 2010, serving as CEO of APG|SGA, the outdoor advertising market leader in Switzerland. In 2014, he became a member of JCDecaux’s Executive Board and CEO for Germany, Austria, Central & Eastern Europe, Central Asia.Jérôme d’Héré started his career in Switzerland in 2005, prior to joining JCDecaux in 2007, where he held various positions in the Financial and Internal Audit Departments in France. In 2012, he was promoted Deputy Director of Management Control - France. From 2014 to 2018, he was Chief Financial Officer for Central America, based in Mexico and then Panama. Since 2019, Jérôme has held the position of Director of Mergers & Acquisitions and Development of the Group in Paris.新しいナラティブ • Mar 09New Contracts In Stockholm And Digital Expansion Will Strengthen Future Prospects Strong geographic presence and major events suggest potential revenue growth despite challenges, with digital growth boosting profitability. Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €17.37, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Media industry in France. Total loss to shareholders of 19% over the past three years.お知らせ • Mar 06+ 1 more updateJCDecaux SE Recommends Dividend for the Year Ended December 31, 2024At the next Annual General Meeting of Shareholders on May 14th, 2025, the Supervisory Board of JCDecaux SE will recommend the payment of a dividend of €0.55 per share for the financial year ended December 31, 2024. Going forward, the company intend to gradually increase this dividend while maintaining a balanced cash allocation with capex and bolt-on M&A.お知らせ • Dec 13+ 1 more updateJCDecaux SE to Report First Half, 2025 Results on Jul 31, 2025JCDecaux SE announced that they will report first half, 2025 results on Jul 31, 2025Price Target Changed • Nov 14Price target decreased by 7.0% to €21.12Down from €22.72, the current price target is an average from 12 analysts. New target price is 48% above last closing price of €14.25. Stock is down 20% over the past year. The company is forecast to post earnings per share of €1.13 for next year compared to €0.98 last year.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €14.25, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Media industry in France. Total loss to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.33 per share.お知らせ • Nov 08JCDecaux SE to Report Fiscal Year 2024 Results on Mar 06, 2025JCDecaux SE announced that they will report fiscal year 2024 results Pre-Market on Mar 06, 2025お知らせ • Oct 10JCDecaux SE Launches Eco Design IndexJCDecaux SE announcing the launch of Eco Design Index, an educational tool for evaluating and communicating the environmental performance of its furniture. The Eco Design Index is a tool for measuring the environmental performance of JCDecaux products, marking a new milestone in the company's long-standing commitment to eco-design. It makes it possible to assess the main environmental impacts of products, and also to compare their eco-design performance within the same family. As a key new tool in the acceleration and systemisation of eco-design practices, the Eco Design Index will help raise awareness among stakeholders of these important issues and offers the opportunity to make ever more informed choices: internally, to help teams develop and promote solutions with a lower environmental impact; externally, to help local authorities and transport partners choose and deploy the most responsible furniture; in general, to promote the development and deployment of eco-designed furniture, contributing to more sustainable living spaces. Based on JCDecaux's experience in carrying out life cycle assessments (LCAs), this index aggregates quantitative results that take into account the 16 environmental indicators of the European Commission's EF methodology, as well as data more specific to JCDecaux's activities and its environmental challenges, complementary to those of LCA. The Eco Design Index offers a multi-criteria approach according to two main themes: DESIGN AND MANUFACTURING: including the impact of raw materials, sustainability, circularity, sourcing and the end-of-life of products. OPERATION AND USE: including the issues of energy, water, consumables, maintenance, transport and the installation and decommission phases of the furniture. The environmental performance of a product is evaluated on a scale of 0 to 10. This numerical score is then translated into an index from A to E for a simple and educational representation, "A" corresponding to the best evaluation. The Eco Design Index will therefore provide a clear view of the continuous efforts made over recent years in terms of design and operation. For example, JCDecaux’s city information panels are, on average, 90% recyclable, and over the past ten years, their energy consumption have been cut by 60%, due to the introduction of more energy-efficient smart lighting technologies (LEDs, dimming and switching-off). With this in mind, the Group aims to position its latest developments – upcycled bus shelter (60% reduction in CO2 emissions1), wood shelter (48% reduction in CO2 emissions1) and the reconditioning of its street furniture (71% reduction in CO22) – at the forefront, helping it to achieve its climate objectives. This methodology, designed with the responsible innovation agency Maobi, is aligned with the European normative framework, the most demanding in the world, and has been audited by the independent third-party organisation EY.Reported Earnings • Jul 28First half 2024 earnings released: EPS: €0.44 (vs €0.18 in 1H 2023)First half 2024 results: EPS: €0.44 (up from €0.18 in 1H 2023). Revenue: €1.67b (up 14% from 1H 2023). Net income: €94.4m (up 150% from 1H 2023). Profit margin: 5.7% (up from 2.6% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Media industry in France. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • May 30Neue ZüRcher Zeitung AG signed an agreement to acquire a 25% stake in APG|SGA SA (SWX:APGN) from JCDecaux SE (ENXTPA:DEC) and Pargesa Asset Management S.A. for approximately CHF 160 million.Neue ZüRcher Zeitung AG signed an agreement to acquire a 25% stake in APG|SGA SA (SWX:APGN) from JCDecaux SE (ENXTPA:DEC) and Pargesa Asset Management S.A. for approximately CHF 160 million on May 30, 2024. Post-transaction, NZZ will hold a 25% stake in APGISGA, making it the largest shareholder, while JCDecaux SE will retain 16.44% and Pargesa Asset Management S.A. 13.86%. Following the disposal process announced with Pargesa Asset Management S.A. announced on February 27 and considering attractive financial and strategic options for its shares in APGISGA, JCDecaux SE will sell 13.56% of APGISGA to NZZ for CHF 220 per share. This deal will generate cash proceeds for JCDecaux SE of CHF 89.6 million, before transaction costs. The transaction is expected to be completed in the coming days.お知らせ • May 18JCDecaux SE Provides Revenue Guidance for the Second Quarter 2024JCDecaux SE provided revenue guidance for the second quarter 2024. For the quarter, the company expected organic revenue growth around +12.0% driven by continued strong digital revenue growth across all business segments and including the positive impact of the Paris Olympics and the UEFA Euro 2024 in Germany.お知らせ • May 08JCDecaux SE Appoints Jean-François Decaux as Chief Executive OfficerJCDecaux SE at its Annual General Meeting held on 7 May 2024 appointed Jean-François Decaux as Chief Executive Officer for a period of one year, in accordance with the principle of alternating the Chief Executive Officer position at the company.Reported Earnings • Apr 08Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: €0.98 (up from €0.62 in FY 2022). Revenue: €3.30b (up 7.2% from FY 2022). Net income: €209.2m (up 58% from FY 2022). Profit margin: 6.3% (up from 4.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 34%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Media industry in France. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 07Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: €0.98 (up from €0.62 in FY 2022). Revenue: €3.30b (up 7.2% from FY 2022). Net income: €209.2m (up 58% from FY 2022). Profit margin: 6.3% (up from 4.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 34%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Media industry in France. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €17.76, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 9x in the Media industry in France. Total loss to shareholders of 19% over the past three years.お知らせ • Nov 09+ 1 more updateJCDecaux SE to Report Fiscal Year 2023 Results on Mar 07, 2024JCDecaux SE announced that they will report fiscal year 2023 results at 6:30 AM, Coordinated Universal Time on Mar 07, 2024お知らせ • Sep 29JCDecaux SE Announces Executive ChangesJCDecaux SE announced the appointment of Sylvain Le Borgne at JCDecaux as Group Chief Data Officer, effective on October 13th. He takes over from François-Xavier Pierrel who has decided to embark on a new professional adventure. Sylvain Le Borgne began his career at Adream and Actustar.com, companies he co-founded in 1998 where he acted as Chief Executive Officer until 2007. In 2008, he co-founded Adledge, a company specialised in the development of tools and Ad Verification algorithms and digital advertising visibility measurement, where he was Chief Executive Officer until 2011. He then joined Havas Group, where he held various management functions, first within Havas Digital and then at Havas Media, as EVP, Head of Technology and Data Operations. There, he developed a Data and Media consulting and services offering that has become the reference. From 2019 to 2022, Sylvain was Head of Expertise & Innovation at fifty-five. Since 2022, Sylvain was Chief Partnership & Product Officer and Head of Data & Analytics at MediaMath, overseeing also the European Business. Sylvain will leverage his entrepreneurial spirit, his deep knowledge of the media sector and his data expertise, both in France and internationally, in the service of JCDecaux and its different businesses. His ability to steer transformation and innovation projects will be a valuable strength to pursue the development of the DataCorp Department, created in 2018 and which has contributed to the digital transformation of JCDecaux. Sylvain will be responsible for strategy, governance and data operations within JCDecaux. He will guarantee the audience measurement strategy to serve the different JCDecaux sales channels and will strive to provide ever-more valuable and efficient solutions to support brands in their communication strategies, for the benefit of OOH and DOOH. He will also be in charge of accelerating data usage within the other company functions by developing tools with business lines to ensure greater operating efficiency, notably for Departments in relationships with cities and partners, Operations, R&D, Sustainable Development and Quality as well as Finance. He will also lead the development of a Data Management Platform (DMP) in collaboration with Displayce, the Demand-Side Platform with which JCDecaux formed a strategic alliance in July 2022, to centralise and efficiently manage and operate audience data internationally. Sylvain Le Borgne is a graduate of Audencia and has an MBA from the Bowling Green State University in Ohio, USA. Based in Neuilly, Sylvain Le Borgne will report to the Executive Board and to his co-Chief Executive Officer.Major Estimate Revision • Aug 04Consensus EPS estimates increase by 15%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.645 to €0.743. Revenue forecast steady at €3.55b. Net income forecast to grow 3.4% next year vs 14% growth forecast for Media industry in France. Consensus price target broadly unchanged at €20.50. Share price was steady at €17.17 over the past week.Reported Earnings • Jul 30First half 2023 earnings: EPS and revenues exceed analyst expectationsFirst half 2023 results: EPS: €0.18 (up from €0.055 loss in 1H 2022). Revenue: €1.47b (up 7.2% from 1H 2022). Net income: €37.8m (up €49.5m from 1H 2022). Profit margin: 2.6% (up from net loss in 1H 2022). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Media industry in France. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 06JCDecaux SE to Report First Half, 2023 Results on Jul 27, 2023JCDecaux SE announced that they will report first half, 2023 results on Jul 27, 2023お知らせ • Jun 01+ 1 more updateJCDecaux SE (ENXTPA:DEC) acquired Businesses In Italy And Spain of Clear Channel from Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) for $16.2 million.JCDecaux SE (ENXTPA:DEC) agreed to acquire Businesses In Italy And Spain of Clear Channel from Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) for $16.2 million on May 30, 2023. The sale of the Company's business in Italy is expected to close imminently, and the sale of its business in Spain is expected to close in 2024, upon satisfaction of regulatory approval and other customary closing conditions. JCDecaux SE (ENXTPA:DEC) completed the acquisition of Businesses In Italy And Spain of Clear Channel from Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) on May 31, 2023.収支内訳JCDecaux の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史ENXTPA:DEC 収益、費用、利益 ( )EUR Millions日付収益収益G+A経費研究開発費31 Dec 253,673263678030 Sep 253,686252675030 Jun 253,699240671031 Mar 253,666250663031 Dec 243,633259655030 Sep 243,564262648030 Jun 243,496266641031 Mar 243,396238628031 Dec 233,296209616030 Sep 233,235195603030 Jun 233,173182591031 Mar 233,124157572031 Dec 223,074132553030 Sep 222,985130531030 Jun 222,896128508031 Mar 222,70957487031 Dec 212,523-14465030 Sep 212,324-259442030 Jun 212,126-504418031 Mar 212,113-554418031 Dec 202,100-605418030 Sep 202,452-345458030 Jun 202,805-85497031 Mar 203,14690524031 Dec 193,488266551030 Sep 193,436254541030 Jun 193,385242530031 Mar 193,283220526031 Dec 183,181197521030 Sep 183,119184522030 Jun 183,058171524031 Mar 183,059182518031 Dec 173,061194513030 Sep 173,036206508030 Jun 173,011218503031 Mar 172,993222494031 Dec 162,975225485030 Sep 162,954230481030 Jun 162,934235476031 Mar 162,871234466031 Dec 152,807234456030 Sep 152,7132194390質の高い収益: DECは 高品質の収益 を持っています。利益率の向上: DECの現在の純利益率 (7.1%)は、昨年(7.1%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: DEC過去 5 年間で収益を上げており、収益は年間61.7%増加しています。成長の加速: DECの過去 1 年間の収益成長率 ( 1.4% ) は、5 年間の平均 ( 年間61.7%を下回っています。収益対業界: DECの過去 1 年間の収益成長率 ( 1.4% ) はMedia業界-4.7%を上回りました。株主資本利益率高いROE: DECの 自己資本利益率 ( 12.9% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMedia 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/06 16:12終値2026/07/03 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋JCDecaux SE 11 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。23 アナリスト機関JULIEN ROCHBarclaysDavide AmorimBerenbergAnnick MaasBernstein20 その他のアナリストを表示
Reported Earnings • Mar 15Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: €1.23 (up from €1.21 in FY 2024). Revenue: €3.67b (up 1.1% from FY 2024). Net income: €262.6m (up 1.4% from FY 2024). Profit margin: 7.1% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.2%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Sep 19+ 1 more updateJCDecaux SE to Report Fiscal Year 2025 Results on Mar 12, 2026JCDecaux SE announced that they will report fiscal year 2025 results at 6:00 AM, Coordinated Universal Time on Mar 12, 2026
Reported Earnings • Aug 03First half 2025 earnings: EPS misses analyst expectationsFirst half 2025 results: EPS: €0.35 (down from €0.44 in 1H 2024). Revenue: €1.73b (up 4.0% from 1H 2024). Net income: €75.9m (down 20% from 1H 2024). Profit margin: 4.4% (down from 5.7% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 35%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 20Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: €1.21 (up from €0.98 in FY 2023). Revenue: €3.63b (up 10% from FY 2023). Net income: €258.9m (up 24% from FY 2023). Profit margin: 7.1% (up from 6.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Media industry in France. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • Dec 13+ 1 more updateJCDecaux SE to Report First Half, 2025 Results on Jul 31, 2025JCDecaux SE announced that they will report first half, 2025 results on Jul 31, 2025
お知らせ • Nov 08JCDecaux SE to Report Fiscal Year 2024 Results on Mar 06, 2025JCDecaux SE announced that they will report fiscal year 2024 results Pre-Market on Mar 06, 2025
ナラティブの更新 • Jul 01DEC: Airport Contract Wins And Upgrades Will Shape A Balanced OutlookThe analyst fair value estimate for JCDecaux has shifted from €16.0 to €19.9, with analysts pointing to updated assumptions on revenue growth, profit margins and discount rate, supported by recent Buy-rated upgrades and higher price targets from Street research citing resilient demand for outdoor advertising. Analyst Commentary Recent Street commentary on JCDecaux highlights a mix of optimism on outdoor advertising demand and ongoing debate around how much of that outlook is already reflected in the share price.
分析記事 • Jun 20JCDecaux (ENXTPA:DEC) Stock Could Be 16.7% Undervalued After VivaTech Smart City PushVivaTech launch puts JCDecaux’s smart city push in focus JCDecaux (ENXTPA:DEC) used VivaTech 2026 in Paris to showcase “Le Bus Shelter”, a reworked street-furniture concept that adds cooling, emergency support, sensors, Wi-Fi and advanced digital displays for urban passengers. See our latest analysis for JCDecaux. The VivaTech showcase comes as JCDecaux’s share price has built clear upward momentum, with a year to date share price return of 27.37% and a 1 year total shareholder return of...
ナラティブの更新 • Jun 17DEC: Digital Outdoor Demand And Airport Win Will Support Future Re RatingThe updated analyst price target for JCDecaux moves to €23.58 from €22.96, with analysts pointing to improved long term outdoor advertising demand and recent rating upgrades as key supports for the revised view. Analyst Commentary Recent Street research on JCDecaux highlights a mix of optimism around long term outdoor advertising demand and some caution on execution and valuation, which helps explain the updated price targets and ratings on the stock.
ライブニュース • Jun 16JCDecaux Stock: Unveils Urban Services Hub and AI Digital Ads at VivaTech 2026JCDecaux presented “Le Bus Shelter” at VivaTech 2026, a multifunctional urban hub that offers natural cooling, purified-water misting, emergency contact systems, environmental sensors, photovoltaic panels and real-time travel information. The company also launched “Unlimited DOOH”, an AI-powered, immersive digital out-of-home advertising experience developed with creative partners. Both offerings are positioned as part of JCDecaux’s focus on sustainable, service-oriented street furniture and advanced digital advertising solutions. These product launches highlight JCDecaux’s push to tie advertising closely to urban services, which can help cities view the company as an infrastructure partner rather than only an ad supplier. Investors may want to monitor how quickly municipalities and advertisers adopt these new formats. Deployment scale, capital requirements and monetisation terms could influence returns from JCDecaux’s digital and street furniture portfolio.
お知らせ • Jun 15JCDecaux SE Unveils Le Bus Shelter And Unlimited DOOH Digital Experience At VivaTech 2026JCDecaux SE presented a series of innovations at the tenth edition of VivaTech, held from 17 to 20 June 2026 in Paris. The centrepiece of the booth, 'Le Bus Shelter' reinterprets JCDecaux’s iconic bus shelter by addressing the evolving daily habits of passengers and the challenges faced by local authorities. Designed as an urban services hub, it brings together a set of features that can be activated according to cities’ needs: a natural 'Filtreo module' cooling system, emergency contact point, defibrillator, colour e-paper neighbourhood map, drone module, environmental sensors, Wi-Fi and photovoltaic panels. Two innovations will be showcased for the first time: a patented purified-water misting system, deployed for the first time on a bus shelter, which helps urban spaces adapt to heatwaves by offering a temporary cooling solution; colour signage, displayed on a LED screen at height, provides clear real-time travel information about bus arrivals and line updates, while remaining readable from a distance and improving the passenger experience. Another key area of the booth, the 'Unlimited DOOH' experience will showcase a 13 m² 4K LED screen displaying exclusive digital creations, designed in part using artificial intelligence. Developed by JCDecaux teams or in collaboration with advertisers and creative studios, these immersive and interactive pieces of content will showcase the full creative and technological potential of DOOH to create memorable experiences.
ナラティブの更新 • Jun 03DEC: Recent Research Upgrades Will Support A Stronger Earnings OutlookNarrative Update The analyst price target for JCDecaux has been raised to €28 from €22, with analysts pointing to recent upgrades and supporting research as they refine assumptions on growth, margins, discount rate and P/E expectations. Analyst Commentary Recent Street research on JCDecaux points to a clear cluster of bullish analyst actions, including ratings upgrades and higher price targets.
お知らせ • May 23Jcdecaux Se Confirms Benefits of Greened Street Furniture ExperimentJCDecaux SE, together with the Ligue pour la Protection des Oiseaux (LPO – French League for the Protection of Birds), presented the promising results of its greening experiment based on 19 items of street furniture. The initiative has been running since April 2024 between the Jardin du Luxembourg and the Jardin des Plantes in Paris (France). As part of a broader strategy to create ecological continuity between parks and tree-lined areas, the greened JCDecaux street furniture promotes micro-ecosystems that are home to a wide variety of plant species, insects and birds. This initiative is proving to be effective by tackling the pressures on urban biodiversity. Since 2024, nesting has been recorded every year across the 17 nesting boxes along the route, with numbers increasing annually. Between April and May 2026, eight nesting boxes were occupied by great tits or blue tits, which successfully fledged around twenty nestlings. Planted with a wide range of nectar-producing species selected by a team of ecologists, these green spaces attract a high diversity of insects, including 11 identified pollinator species (honeybees, bumblebees, butterflies, etc.). This level of activity confirms the ecological appeal of the installations and the quality of the design, which are becoming genuine havens for biodiversity. Following the introduction by JCDecaux of new products and services (bus shelters, CIPs, self-cleaning public toilets, self-service bicycles and digital street furniture), the greening of street furniture is a natural extension of this approach. It is underpinned by JCDecaux’s virtuous business model, in which brand communication funds public services for the benefit of local authorities and the wider public interest.
お知らせ • May 14JCDecaux SE Approves Distribution of DividendJCDecaux SE at the AGM held on 13 May 2026 approved the distribution of a dividend of €0.65 per share.
Upcoming Dividend • May 12Upcoming dividend of €0.65 per shareEligible shareholders must have bought the stock before 19 May 2026. Payment date: 21 May 2026. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of French dividend payers (5.5%). Lower than average of industry peers (5.1%).
ナラティブの更新 • May 09DEC: Recent Upgrades And Airport Wins Will Support A Stronger OutlookAnalysts have lifted their average price target on JCDecaux by €6 to €28, citing updated views on growth, profitability and a slightly higher assumed future P/E multiple, following recent upgrades and target increases from several firms. Analyst Commentary Bullish analysts are pointing to a cluster of recent upgrades and price target revisions as a sign of growing confidence in JCDecaux's ability to execute on its plans and support a higher valuation multiple.
ナラティブの更新 • Apr 24DEC: Airport Wins And Digital Expansion Will Support Future Re RatingAnalysts have inched their average price target on JCDecaux higher to about €23, with the modest fair value adjustment supported by recent upgrades and higher price targets from several research houses. Analyst Commentary Recent Street research on JCDecaux has been broadly supportive, with several firms adjusting ratings and price targets around the same time.
Declared Dividend • Apr 12Dividend increased to €0.65Dividend of €0.65 is 18% higher than last year. Ex-date: 19th May 2026 Payment date: 21st May 2026 Dividend yield will be 3.3%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
ナラティブの更新 • Apr 09DEC: Airport And Rail Wins And Digital Shift Will Drive Re RatingThe analyst fair value estimate for JCDecaux has increased from about €19.65 to about €22.92. Analysts cite updated assumptions on growth, margins and future P/E, along with recent upward revisions to Street price targets and ratings, as key drivers of the change.
ナラティブの更新 • Mar 25DEC: Airport And Rail Contracts Will Support A Stronger Future OutlookThe analyst fair value estimate for JCDecaux has shifted from €23.29 to €29.00, with analysts pointing to updated assumptions on growth, margins and future P/E, along with recent price target increases and rating changes in Street research as key drivers of the new view. Analyst Commentary Recent Street research has leaned more constructive on JCDecaux, with the new fair value estimate aligning with a series of bullish price target moves and at least one high profile rating upgrade.
Price Target Changed • Mar 17Price target increased by 8.1% to €21.23Up from €19.65, the current price target is an average from 13 analysts. New target price is 6.2% above last closing price of €19.99. Stock is up 19% over the past year. The company is forecast to post earnings per share of €1.43 for next year compared to €1.23 last year.
Reported Earnings • Mar 15Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: €1.23 (up from €1.21 in FY 2024). Revenue: €3.67b (up 1.1% from FY 2024). Net income: €262.6m (up 1.4% from FY 2024). Profit margin: 7.1% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.2%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Mar 14JCDecaux SE, Annual General Meeting, May 13, 2026JCDecaux SE, Annual General Meeting, May 13, 2026.
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €19.63, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 10x in the Media industry in France. Total returns to shareholders of 3.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €35.69 per share.
お知らせ • Mar 13Jcdecaux Se Recommends Dividend for the Year 2025JCDecaux SE recommended the payment of a dividend of €0.65 per share for the 2025 financial year, up +18.2% year-on-year. Going forward, company intend to continue to gradually increase this dividend while maintaining a balanced cash allocation with capex and bolt-on M&A.
ナラティブの更新 • Mar 11DEC: Airport And Rail Digital Media Wins Will Drive Future Re-RatingAnalysts have raised their price target for JCDecaux from about €19.34 to about €19.65, citing updated assumptions around revenue growth, profit margins, discount rate and future P/E as the main drivers of the change. What's in the News JCDecaux North America has been selected for a 10 year advertising contract at Denver International Airport, subject to Denver City Council approval.
ナラティブの更新 • Feb 24DEC: Retail Media And Programmatic Screens Will Drive A Future Re-RatingAnalysts have nudged their price target for JCDecaux slightly higher to €19.34 from €19.11, citing updated assumptions around discount rate, profit margins and future P/E that fine tune their previous view rather than overhaul it. What's in the News JCDecaux is rolling out an enhanced version of its 360 Footprint tool internationally, extending coverage to all its advertising environments and measuring carbon, water, social and economic footprints of campaigns to support its 2030 ESG and Climate Strategies (Product-Related Announcements).
ナラティブの更新 • Feb 10DEC: Global Digital Concessions And Retail Media Will Drive A Re-RatingAnalysts have kept their fair value estimate for JCDecaux steady at €19.11, with only slight technical adjustments to the discount rate and the assumed future P/E. This reflects unchanged core expectations for the business and its earnings profile.
お知らせ • Feb 04Jcdecaux Se Unveils World's First Global Programmatic Dooh Media SolutionJCDecaux SE announced the global expansion of its pioneering programmatic Digital Out-of-Home (pDOOH) media solution. Building on the successful 2024 launch of the first global airport programmatic offer, JCDecaux now extends this powerful offer to street, transport, and retail environments, offering an end-to-end solution for worldwide campaign deployment. This pDOOH media solution empowers brands to connect with audiences throughout the consumer journey globally, across all JCDecaux's environments. By leveraging JCDecaux's global footprint and programmatic expertise, the solution provides advertisers with a single point of contact to execute targeted, dynamic, and impactful campaigns. It encompasses: Comprehensive coverage across airports, streets, transport hubs, and retail environments via a network of over 30,000 premium digital screens; Instant, real-time, and seamless activation of campaigns in over 35 markets; Fully programmatic, data-driven, and measurable campaigns. Part of the JCDecaux's AdTech suite, the solution is available exclusively through VIOOH Supply-Side Platform (SSP), the most connected programmatic digital network for OOH media in the world, and can be activated via Displayce and more than 55 other integrated Demand-Side Platforms (DSPs). This launch reinforces JCDecaux's pioneering role in AdTech for the Out-of-Home industry, building the digital infrastructure for simpler, data-driven storytelling on a worldwide scale. A key growth driver, Digital Out-of-Home media is fuelled by strong programmatic revenue growth as advertisers increasingly adopt programmatic buying.
ナラティブの更新 • Jan 26DEC: Retail Media And Transport Digitisation Will Support A More Optimistic OutlookAnalysts have nudged their fair value estimate for JCDecaux from €18.75 to €19.11, reflecting updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. What's in the News JCDecaux agreed a partnership to roll out indoor digital screens in Carrefour and Carmila shopping centres in France and Spain, creating a retail media network using Carrefour data and programmatic DOOH across 161 malls and 297 access areas (Client Announcement).
ナラティブの更新 • Jan 12DEC: Transport And Retail Media Contracts Will Support A Stronger OutlookAnalysts have adjusted their price target for JCDecaux to €23.29. The change is mainly tied to updated assumptions around discount rates, revenue growth and profit margins rather than a shift in fair value itself.
ナラティブの更新 • Dec 14DEC: European Transport And Retail Contracts Will Drive A Stronger OutlookAnalysts have modestly raised their price target on JCDecaux to €23.29 from €23.29, reflecting expectations for slightly faster revenue growth and improving profit margins, supported by a lower perceived discount rate, even as they factor in a somewhat reduced future P/E multiple. What's in the News JCDecaux entered exclusive negotiations for a major indoor and outdoor DOOH partnership with Carrefour, Carmila and Unlimitail, covering 161 shopping centres and 297 access areas in France, with Spain to follow.
分析記事 • Dec 13JCDecaux (EPA:DEC) Takes On Some Risk With Its Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Buy Or Sell Opportunity • Oct 30Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.4% to €15.44. The fair value is estimated to be €12.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 17% in the next 2 years.
分析記事 • Oct 28JCDecaux (EPA:DEC) Is Doing The Right Things To Multiply Its Share PriceWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Buy Or Sell Opportunity • Oct 15Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 1.1% to €15.12. The fair value is estimated to be €12.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 17% in the next 2 years.
Buy Or Sell Opportunity • Sep 30Now 20% overvaluedOver the last 90 days, the stock has fallen 1.3% to €15.27. The fair value is estimated to be €12.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 18% in the next 2 years.
お知らせ • Sep 19+ 1 more updateJCDecaux SE to Report Fiscal Year 2025 Results on Mar 12, 2026JCDecaux SE announced that they will report fiscal year 2025 results at 6:00 AM, Coordinated Universal Time on Mar 12, 2026
Buy Or Sell Opportunity • Sep 08Now 20% overvaluedOver the last 90 days, the stock has fallen 4.2% to €15.11. The fair value is estimated to be €12.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 18% in the next 2 years.
分析記事 • Sep 08Estimating The Fair Value Of JCDecaux SE (EPA:DEC)Key Insights The projected fair value for JCDecaux is €12.58 based on 2 Stage Free Cash Flow to Equity Current share...
Buy Or Sell Opportunity • Aug 22Now 20% overvaluedOver the last 90 days, the stock has fallen 1.9% to €15.08. The fair value is estimated to be €12.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.
分析記事 • Aug 20We Think JCDecaux (EPA:DEC) Is Taking Some Risk With Its DebtENXTPA:DEC 1 Year Share Price vs Fair Value Explore JCDecaux's Fair Values from the Community and select yours The...
Buy Or Sell Opportunity • Aug 04Now 20% overvaluedOver the last 90 days, the stock has fallen 7.0% to €14.58. The fair value is estimated to be €12.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 14% in 2 years. Earnings are forecast to grow by 22% in the next 2 years.
分析記事 • Aug 03JCDecaux SE's (EPA:DEC) Share Price Is Matching Sentiment Around Its EarningsWhen close to half the companies in France have price-to-earnings ratios (or "P/E's") above 16x, you may consider...
Reported Earnings • Aug 03First half 2025 earnings: EPS misses analyst expectationsFirst half 2025 results: EPS: €0.35 (down from €0.44 in 1H 2024). Revenue: €1.73b (up 4.0% from 1H 2024). Net income: €75.9m (down 20% from 1H 2024). Profit margin: 4.4% (down from 5.7% in 1H 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 35%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, while revenues in the Media industry in France are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
New Risk • Aug 01New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Upcoming Dividend • May 12Upcoming dividend of €0.55 per shareEligible shareholders must have bought the stock before 19 May 2025. Payment date: 21 May 2025. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of French dividend payers (5.4%). Lower than average of industry peers (4.3%).
お知らせ • Apr 09JCDecaux SE, Annual General Meeting, May 14, 2025JCDecaux SE, Annual General Meeting, May 14, 2025. Location: 17 rue soyer, neuilly sur seine France
お知らせ • Mar 24JCDecaux SE(ENXTPA:DEC) dropped from FTSE All-World Index (USD)JCDecaux SE(ENXTPA:DEC) dropped from FTSE All-World Index (USD)
New Risk • Mar 20New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 20Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: €1.21 (up from €0.98 in FY 2023). Revenue: €3.63b (up 10% from FY 2023). Net income: €258.9m (up 24% from FY 2023). Profit margin: 7.1% (up from 6.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.6%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Media industry in France. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • Mar 11JCDecaux SE Announces Executive ChangesJCDecaux SE announced the retirement from his operational role of Daniel Hofer, Member of the Executive Board and CEO for Germany, Austria, Central & Eastern Europe, Central Asia of JCDecaux, as per August 31, 2025. He will keep some mandates as a board member in selected companies as well as representing the Group in the board of WOO (World Out of Home Association). Daniel Hofer will not be currently replaced at the Executive Board of JCDecaux. Jérôme d’Héré, currently Director of Mergers & Acquisitions and Development of the Group, has been appointed to lead the region as per September 1, 2025, based in Berlin and reporting to Jean-François Decaux. Jérôme d’Héré, currently Director of Mergers & Acquisitions and Development of the Group, has been appointed to lead the region as per September 1, 2025, based in Berlin and reporting to Jean-François Decaux.An operational transition in July and August will be organised between Daniel Hofer and Jérôme d’Héré to ensure a smooth handover. The successor of Jérôme d’Héré will be announced in due time.Daniel Hofer joined the Out of Home media industry in 2010, serving as CEO of APG|SGA, the outdoor advertising market leader in Switzerland. In 2014, he became a member of JCDecaux’s Executive Board and CEO for Germany, Austria, Central & Eastern Europe, Central Asia.Jérôme d’Héré started his career in Switzerland in 2005, prior to joining JCDecaux in 2007, where he held various positions in the Financial and Internal Audit Departments in France. In 2012, he was promoted Deputy Director of Management Control - France. From 2014 to 2018, he was Chief Financial Officer for Central America, based in Mexico and then Panama. Since 2019, Jérôme has held the position of Director of Mergers & Acquisitions and Development of the Group in Paris.
新しいナラティブ • Mar 09New Contracts In Stockholm And Digital Expansion Will Strengthen Future Prospects Strong geographic presence and major events suggest potential revenue growth despite challenges, with digital growth boosting profitability.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €17.37, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Media industry in France. Total loss to shareholders of 19% over the past three years.
お知らせ • Mar 06+ 1 more updateJCDecaux SE Recommends Dividend for the Year Ended December 31, 2024At the next Annual General Meeting of Shareholders on May 14th, 2025, the Supervisory Board of JCDecaux SE will recommend the payment of a dividend of €0.55 per share for the financial year ended December 31, 2024. Going forward, the company intend to gradually increase this dividend while maintaining a balanced cash allocation with capex and bolt-on M&A.
お知らせ • Dec 13+ 1 more updateJCDecaux SE to Report First Half, 2025 Results on Jul 31, 2025JCDecaux SE announced that they will report first half, 2025 results on Jul 31, 2025
Price Target Changed • Nov 14Price target decreased by 7.0% to €21.12Down from €22.72, the current price target is an average from 12 analysts. New target price is 48% above last closing price of €14.25. Stock is down 20% over the past year. The company is forecast to post earnings per share of €1.13 for next year compared to €0.98 last year.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €14.25, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Media industry in France. Total loss to shareholders of 42% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €6.33 per share.
お知らせ • Nov 08JCDecaux SE to Report Fiscal Year 2024 Results on Mar 06, 2025JCDecaux SE announced that they will report fiscal year 2024 results Pre-Market on Mar 06, 2025
お知らせ • Oct 10JCDecaux SE Launches Eco Design IndexJCDecaux SE announcing the launch of Eco Design Index, an educational tool for evaluating and communicating the environmental performance of its furniture. The Eco Design Index is a tool for measuring the environmental performance of JCDecaux products, marking a new milestone in the company's long-standing commitment to eco-design. It makes it possible to assess the main environmental impacts of products, and also to compare their eco-design performance within the same family. As a key new tool in the acceleration and systemisation of eco-design practices, the Eco Design Index will help raise awareness among stakeholders of these important issues and offers the opportunity to make ever more informed choices: internally, to help teams develop and promote solutions with a lower environmental impact; externally, to help local authorities and transport partners choose and deploy the most responsible furniture; in general, to promote the development and deployment of eco-designed furniture, contributing to more sustainable living spaces. Based on JCDecaux's experience in carrying out life cycle assessments (LCAs), this index aggregates quantitative results that take into account the 16 environmental indicators of the European Commission's EF methodology, as well as data more specific to JCDecaux's activities and its environmental challenges, complementary to those of LCA. The Eco Design Index offers a multi-criteria approach according to two main themes: DESIGN AND MANUFACTURING: including the impact of raw materials, sustainability, circularity, sourcing and the end-of-life of products. OPERATION AND USE: including the issues of energy, water, consumables, maintenance, transport and the installation and decommission phases of the furniture. The environmental performance of a product is evaluated on a scale of 0 to 10. This numerical score is then translated into an index from A to E for a simple and educational representation, "A" corresponding to the best evaluation. The Eco Design Index will therefore provide a clear view of the continuous efforts made over recent years in terms of design and operation. For example, JCDecaux’s city information panels are, on average, 90% recyclable, and over the past ten years, their energy consumption have been cut by 60%, due to the introduction of more energy-efficient smart lighting technologies (LEDs, dimming and switching-off). With this in mind, the Group aims to position its latest developments – upcycled bus shelter (60% reduction in CO2 emissions1), wood shelter (48% reduction in CO2 emissions1) and the reconditioning of its street furniture (71% reduction in CO22) – at the forefront, helping it to achieve its climate objectives. This methodology, designed with the responsible innovation agency Maobi, is aligned with the European normative framework, the most demanding in the world, and has been audited by the independent third-party organisation EY.
Reported Earnings • Jul 28First half 2024 earnings released: EPS: €0.44 (vs €0.18 in 1H 2023)First half 2024 results: EPS: €0.44 (up from €0.18 in 1H 2023). Revenue: €1.67b (up 14% from 1H 2023). Net income: €94.4m (up 150% from 1H 2023). Profit margin: 5.7% (up from 2.6% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Media industry in France. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • May 30Neue ZüRcher Zeitung AG signed an agreement to acquire a 25% stake in APG|SGA SA (SWX:APGN) from JCDecaux SE (ENXTPA:DEC) and Pargesa Asset Management S.A. for approximately CHF 160 million.Neue ZüRcher Zeitung AG signed an agreement to acquire a 25% stake in APG|SGA SA (SWX:APGN) from JCDecaux SE (ENXTPA:DEC) and Pargesa Asset Management S.A. for approximately CHF 160 million on May 30, 2024. Post-transaction, NZZ will hold a 25% stake in APGISGA, making it the largest shareholder, while JCDecaux SE will retain 16.44% and Pargesa Asset Management S.A. 13.86%. Following the disposal process announced with Pargesa Asset Management S.A. announced on February 27 and considering attractive financial and strategic options for its shares in APGISGA, JCDecaux SE will sell 13.56% of APGISGA to NZZ for CHF 220 per share. This deal will generate cash proceeds for JCDecaux SE of CHF 89.6 million, before transaction costs. The transaction is expected to be completed in the coming days.
お知らせ • May 18JCDecaux SE Provides Revenue Guidance for the Second Quarter 2024JCDecaux SE provided revenue guidance for the second quarter 2024. For the quarter, the company expected organic revenue growth around +12.0% driven by continued strong digital revenue growth across all business segments and including the positive impact of the Paris Olympics and the UEFA Euro 2024 in Germany.
お知らせ • May 08JCDecaux SE Appoints Jean-François Decaux as Chief Executive OfficerJCDecaux SE at its Annual General Meeting held on 7 May 2024 appointed Jean-François Decaux as Chief Executive Officer for a period of one year, in accordance with the principle of alternating the Chief Executive Officer position at the company.
Reported Earnings • Apr 08Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: €0.98 (up from €0.62 in FY 2022). Revenue: €3.30b (up 7.2% from FY 2022). Net income: €209.2m (up 58% from FY 2022). Profit margin: 6.3% (up from 4.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 34%. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Media industry in France. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 07Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: €0.98 (up from €0.62 in FY 2022). Revenue: €3.30b (up 7.2% from FY 2022). Net income: €209.2m (up 58% from FY 2022). Profit margin: 6.3% (up from 4.3% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 34%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 8.7% growth forecast for the Media industry in France. Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €17.76, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 9x in the Media industry in France. Total loss to shareholders of 19% over the past three years.
お知らせ • Nov 09+ 1 more updateJCDecaux SE to Report Fiscal Year 2023 Results on Mar 07, 2024JCDecaux SE announced that they will report fiscal year 2023 results at 6:30 AM, Coordinated Universal Time on Mar 07, 2024
お知らせ • Sep 29JCDecaux SE Announces Executive ChangesJCDecaux SE announced the appointment of Sylvain Le Borgne at JCDecaux as Group Chief Data Officer, effective on October 13th. He takes over from François-Xavier Pierrel who has decided to embark on a new professional adventure. Sylvain Le Borgne began his career at Adream and Actustar.com, companies he co-founded in 1998 where he acted as Chief Executive Officer until 2007. In 2008, he co-founded Adledge, a company specialised in the development of tools and Ad Verification algorithms and digital advertising visibility measurement, where he was Chief Executive Officer until 2011. He then joined Havas Group, where he held various management functions, first within Havas Digital and then at Havas Media, as EVP, Head of Technology and Data Operations. There, he developed a Data and Media consulting and services offering that has become the reference. From 2019 to 2022, Sylvain was Head of Expertise & Innovation at fifty-five. Since 2022, Sylvain was Chief Partnership & Product Officer and Head of Data & Analytics at MediaMath, overseeing also the European Business. Sylvain will leverage his entrepreneurial spirit, his deep knowledge of the media sector and his data expertise, both in France and internationally, in the service of JCDecaux and its different businesses. His ability to steer transformation and innovation projects will be a valuable strength to pursue the development of the DataCorp Department, created in 2018 and which has contributed to the digital transformation of JCDecaux. Sylvain will be responsible for strategy, governance and data operations within JCDecaux. He will guarantee the audience measurement strategy to serve the different JCDecaux sales channels and will strive to provide ever-more valuable and efficient solutions to support brands in their communication strategies, for the benefit of OOH and DOOH. He will also be in charge of accelerating data usage within the other company functions by developing tools with business lines to ensure greater operating efficiency, notably for Departments in relationships with cities and partners, Operations, R&D, Sustainable Development and Quality as well as Finance. He will also lead the development of a Data Management Platform (DMP) in collaboration with Displayce, the Demand-Side Platform with which JCDecaux formed a strategic alliance in July 2022, to centralise and efficiently manage and operate audience data internationally. Sylvain Le Borgne is a graduate of Audencia and has an MBA from the Bowling Green State University in Ohio, USA. Based in Neuilly, Sylvain Le Borgne will report to the Executive Board and to his co-Chief Executive Officer.
Major Estimate Revision • Aug 04Consensus EPS estimates increase by 15%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from €0.645 to €0.743. Revenue forecast steady at €3.55b. Net income forecast to grow 3.4% next year vs 14% growth forecast for Media industry in France. Consensus price target broadly unchanged at €20.50. Share price was steady at €17.17 over the past week.
Reported Earnings • Jul 30First half 2023 earnings: EPS and revenues exceed analyst expectationsFirst half 2023 results: EPS: €0.18 (up from €0.055 loss in 1H 2022). Revenue: €1.47b (up 7.2% from 1H 2022). Net income: €37.8m (up €49.5m from 1H 2022). Profit margin: 2.6% (up from net loss in 1H 2022). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Media industry in France. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 06JCDecaux SE to Report First Half, 2023 Results on Jul 27, 2023JCDecaux SE announced that they will report first half, 2023 results on Jul 27, 2023
お知らせ • Jun 01+ 1 more updateJCDecaux SE (ENXTPA:DEC) acquired Businesses In Italy And Spain of Clear Channel from Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) for $16.2 million.JCDecaux SE (ENXTPA:DEC) agreed to acquire Businesses In Italy And Spain of Clear Channel from Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) for $16.2 million on May 30, 2023. The sale of the Company's business in Italy is expected to close imminently, and the sale of its business in Spain is expected to close in 2024, upon satisfaction of regulatory approval and other customary closing conditions. JCDecaux SE (ENXTPA:DEC) completed the acquisition of Businesses In Italy And Spain of Clear Channel from Clear Channel Outdoor Holdings, Inc. (NYSE:CCO) on May 31, 2023.
