JCDecaux
Market Cap
€4.4b
Last Updated
2021/03/04 19:24 UTC
Data Sources
Company Financials +
Executive Summary
JCDecaux SA engages in outdoor advertising activities worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential with worrying balance sheet.
Similar Companies
Share Price & News
How has JCDecaux's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DEC is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: DEC's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
7.1%
DEC
1.5%
FR Media
0.6%
FR Market
1 Year Return
2.1%
DEC
24.3%
FR Media
10.6%
FR Market
Return vs Industry: DEC underperformed the French Media industry which returned 20.6% over the past year.
Return vs Market: DEC underperformed the French Market which returned 8.5% over the past year.
Shareholder returns
| DEC | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.1% | 1.5% | 0.6% |
| 30 Day | 23.0% | 12.9% | 3.7% |
| 90 Day | 1.8% | 15.0% | 4.0% |
| 1 Year | 2.1%2.1% | 27.7%24.3% | 13.0%10.6% |
| 3 Year | -27.5%-30.5% | -12.5%-21.5% | 23.0%11.9% |
| 5 Year | -38.5%-43.0% | -10.2%-24.5% | 68.7%42.7% |
Long-Term Price Volatility Vs. Market
How volatile is JCDecaux's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
JCDecaux SA (EPA:DEC) Shares Could Be 25% Above Their Intrinsic Value Estimate3 weeks ago | Simply Wall St
Should We Be Excited About The Trends Of Returns At JCDecaux (EPA:DEC)?4 months ago | Simply Wall St
JCDecaux (EPA:DEC) Share Prices Have Dropped 66% In The Last Five YearsValuation
Is JCDecaux undervalued compared to its fair value and its price relative to the market?
2.35x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: DEC (€20.84) is trading above our estimate of fair value (€16.69)
Significantly Below Fair Value: DEC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DEC is unprofitable, so we can't compare its PE Ratio to the FR Media industry average.
PE vs Market: DEC is unprofitable, so we can't compare its PE Ratio to the French market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DEC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DEC is overvalued based on its PB Ratio (2.3x) compared to the FR Media industry average (1.5x).
Next Steps
Future Growth
How is JCDecaux forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
67.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DEC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).
Earnings vs Market: DEC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: DEC's is expected to become profitable in the next 3 years.
Revenue vs Market: DEC's revenue (12.1% per year) is forecast to grow faster than the French market (7.2% per year).
High Growth Revenue: DEC's revenue (12.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DEC's Return on Equity is forecast to be low in 3 years time (9.8%).
Next Steps
Past Performance
How has JCDecaux performed over the past 5 years?
-10.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DEC is currently unprofitable.
Growing Profit Margin: DEC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: DEC is unprofitable, and losses have increased over the past 5 years at a rate of 10.2% per year.
Accelerating Growth: Unable to compare DEC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: DEC is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-21.5%).
Return on Equity
High ROE: DEC has a negative Return on Equity (-4.96%), as it is currently unprofitable.
Next Steps
Financial Health
How is JCDecaux's financial position?
Financial Position Analysis
Short Term Liabilities: DEC's short term assets (€2.7B) do not cover its short term liabilities (€2.7B).
Long Term Liabilities: DEC's short term assets (€2.7B) do not cover its long term liabilities (€6.0B).
Debt to Equity History and Analysis
Debt Level: DEC's debt to equity ratio (157%) is considered high.
Reducing Debt: DEC's debt to equity ratio has increased from 27.4% to 157% over the past 5 years.
Debt Coverage: DEC's debt is well covered by operating cash flow (43.3%).
Interest Coverage: DEC is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is JCDecaux current dividend yield, its reliability and sustainability?
1.58%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DEC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DEC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DEC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DEC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: DEC is not paying a notable dividend for the French market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of DEC's dividend in 3 years as they are not forecast to pay a notable one for the French market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.2yrs
Average management tenure
CEO
Jean-François Decaux (61 yo)
no data
Tenure
€2,067,431
Compensation
Mr. Jean-François Decaux serves as Co-Chief Executive Officer at JCDecaux SA and serves as its Member of Executive Board since October 9, 2000. He is Chairman of Executive Board at JCDecaux SA since May 5,...
CEO Compensation Analysis
Compensation vs Market: Jean-François's total compensation ($USD2.50M) is about average for companies of similar size in the French market ($USD3.06M).
Compensation vs Earnings: Jean-François's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO & Chairman of Executive Board | no data | €2.07m | 0.23% € 10.3m | |
| Co-CEO & Chairman of Executive Board | 3.83yrs | €2.02m | 0.59% € 26.3m | |
| Chief Financial & Administrative Officer and Member of the Executive Board | 6.17yrs | €865.69k | 0.00095% € 42.2k | |
| Member of the Executive Board | 6.5yrs | €1.11m | 0.0023% € 101.7k | |
| Member of Executive Board | 6.5yrs | €1.42m | 0.0024% € 104.4k | |
| Corporate Finance Director | 9.75yrs | no data | no data | |
| Head of Financial Communications and Investor Relations | 6.08yrs | no data | no data | |
| Group General Counsel | 4.75yrs | no data | no data | |
| Vice President of Communications | no data | no data | no data | |
| Chief Executive Officer of Finance | no data | no data | no data | |
| Head of Jcdecauxlive | 7.67yrs | no data | no data | |
| Chief Financial Officer of France | 5.25yrs | no data | no data |
6.2yrs
Average Tenure
54.5yo
Average Age
Experienced Management: DEC's management team is seasoned and experienced (6.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Member of Supervisory Board | 7.83yrs | €40.50k | 0.00047% € 20.9k | |
| Chairman of Supervisory Board | 7.83yrs | €47.00k | 0.013% € 565.0k | |
| Vice-Chairman of Supervisory Board | 20.42yrs | €27.00k | 0.00074% € 32.9k | |
| Independent Member of Supervisory Board | 3.83yrs | €27.00k | 0.00047% € 20.9k | |
| Member of Supervisory Board | 0.83yr | €833.79k | 0.16% € 7.2m | |
| Independent Member of Supervisory Board | 11.83yrs | €50.50k | 0.00047% € 20.9k | |
| Member of Supervisory Board | 7.83yrs | €27.00k | 0.00047% € 20.9k | |
| Independent Member of Supervisory Board | 3.83yrs | €27.00k | 0.00047% € 20.9k | |
| Independent Member of Supervisory Board | 3.83yrs | €37.00k | 0.00047% € 20.9k | |
| Employee Representative Member of Supervisory Board | 2.42yrs | €32.00k | no data | |
| Member of Supervisory Board | 0.83yr | no data | no data | |
| Employee Representative Member of Supervisory Board | 0.42yr | no data | no data |
3.8yrs
Average Tenure
58.5yo
Average Age
Experienced Board: DEC's board of directors are considered experienced (3.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
JCDecaux SA's company bio, employee growth, exchange listings and data sources
Key Information
- Name: JCDecaux SA
- Ticker: DEC
- Exchange: ENXTPA
- Founded: 1964
- Industry: Advertising
- Sector: Media
- Market Cap: €4.442b
- Shares outstanding: 212.74m
- Website: https://www.jcdecaux.com
Number of Employees
Location
- JCDecaux SA
- 17, rue Soyer
- Cedex
- Neuilly-sur-Seine
- Ile-de-France
- 92200
- France
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| JCDX.F | OTCPK (Pink Sheets LLC) | Yes | Bearer Shares | US | USD | Jun 2001 |
| DEC | ENXTPA (Euronext Paris) | Yes | Bearer Shares | FR | EUR | Jun 2001 |
| DCS | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Jun 2001 |
| 0MGO | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | EUR | Jun 2001 |
| DECP | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Bearer Shares | GB | EUR | Jun 2001 |
| JCDX.Y | OTCPK (Pink Sheets LLC) | UNSPONSORD ADR | US | USD | Oct 2008 |
Biography
JCDecaux SA engages in outdoor advertising activities worldwide. The company operates in three segments: Street Furniture, Transport, and Billboard. The Street Furniture segment is involved in advertising ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 19:24 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.