ENXTPA:DEC

Stock Analysis Report

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Executive Summary

JCDecaux SA engages in outdoor advertising activities worldwide. More Details


Snowflake Analysis

Reasonable growth potential and overvalued.


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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-6.0%

DEC

-0.1%

FR Media

-0.04%

FR Market


1 Year Return

-42.7%

DEC

-27.2%

FR Media

-6.4%

FR Market

Return vs Industry: DEC underperformed the French Media industry which returned -27.2% over the past year.

Return vs Market: DEC underperformed the French Market which returned -6.4% over the past year.


Shareholder returns

DECIndustryMarket
7 Day-6.0%-0.1%-0.04%
30 Day-6.6%4.9%0.6%
90 Day-12.1%10.0%-0.03%
1 Year-42.7%-42.7%-25.1%-27.2%-4.3%-6.4%
3 Year-55.8%-57.7%-39.8%-45.9%7.1%-2.2%
5 Year-60.4%-63.4%-39.6%-49.0%31.9%13.8%

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

Valuation

Is JCDecaux undervalued compared to its fair value and its price relative to the market?

12.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DEC (€13.52) is trading below our estimate of fair value (€15.38)

Significantly Below Fair Value: DEC is trading below fair value, but not by a significant amount.


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 (1.5x) compared to the FR Media industry average (1x).


Next Steps

Future Growth

How is JCDecaux forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

80.5%

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 (0.6%).

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 (11.3% per year) is forecast to grow faster than the French market (6.7% per year).

High Growth Revenue: DEC's revenue (11.3% 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 (7.1%).


Next Steps

Past Performance

How has JCDecaux performed over the past 5 years?

-10.1%

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 10.1% 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 (-17.8%).


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?

2.30%

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?

5.8yrs

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 ($USD2.45M) is above average for companies of similar size in the French market ($USD1.61M).

Compensation vs Earnings: Jean-François's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Jean-François Decaux
Co-CEO & Chairman of Executive Boardno data€2.07m0.23%
€ 6.7m
Jean-Charles Decaux
Co-CEO & Chairman of Executive Board3.42yrs€2.02m0.59%
€ 17.0m
David Bourg
Chief Financial & Administrative Officer and Member of the Executive Board5.75yrs€865.69k0.00095%
€ 27.3k
Emmanuel Bastide
Member of the Executive Board6.08yrs€1.11m0.0023%
€ 65.9k
Daniel Hofer
Member of Executive Board6.08yrs€1.42m0.0024%
€ 67.6k
Stéphane Prigent
Corporate Finance Director9.33yrsno datano data
Arnaud Courtial
Head of Financial Communications and Investor Relations5.67yrsno datano data
Bertrand Allain
Group General Counsel4.33yrsno datano data
Agathe Albertini
Vice President of Communicationsno datano datano data
Jean-Michel Geffroy
Chief Executive Officer of Financeno datano datano data
David Lambert
Head of Jcdecauxlive7.25yrsno datano data
Alexandre Hamain
Chief Financial Officer of France4.83yrsno datano data

5.8yrs

Average Tenure

54.5yo

Average Age

Experienced Management: DEC's management team is seasoned and experienced (5.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michel Bleitrach
Independent Member of Supervisory Board7.42yrs€40.50k0.00047%
€ 13.5k
Gerard Degonse
Chairman of Supervisory Board7.42yrs€47.00k0.013%
€ 365.9k
Jean-Pierre Decaux
Vice-Chairman of Supervisory Board20yrs€27.00k0.00074%
€ 21.3k
Anita Martins
Executive Director of Jcdecaux Portugal12.75yrsno datano data
Marie-Laure de Chalon
Independent Member of Supervisory Board3.42yrs€27.00k0.00047%
€ 13.5k
Jean-Sébastien Decaux
Member of Supervisory Board0.42yr€833.79k0.16%
€ 4.6m
Pierre Mutz
Independent Member of Supervisory Board11.42yrs€50.50k0.00047%
€ 13.5k
Alexia Decaux-Lefort
Member of Supervisory Board7.42yrs€27.00k0.00047%
€ 13.5k
Leila Turner
Independent Member of Supervisory Board3.42yrs€27.00k0.00047%
€ 13.5k
Bénédicte Hautefort
Independent Member of Supervisory Board3.42yrs€37.00k0.00047%
€ 13.5k
M. Herchin
Employee Representative Member of Supervisory Board2yrs€32.00kno data
Jean-François Ducrest
Member of Supervisory Board0.42yrno datano data

5.4yrs

Average Tenure

58.5yo

Average Age

Experienced Board: DEC's board of directors are considered experienced (5.4 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: €2.876b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JCDX.FOTCPK (Pink Sheets LLC)YesBearer SharesUSUSDJun 2001
DECENXTPA (Euronext Paris)YesBearer SharesFREURJun 2001
DCSDB (Deutsche Boerse AG)YesBearer SharesDEEURJun 2001
0MGOLSE (London Stock Exchange)YesBearer SharesGBEURJun 2001
DECPBATS-CHIXE (BATS 'Chi-X Europe')YesBearer SharesGBEURJun 2001
DCSETLX (Eurotlx)YesBearer SharesITEURJun 2001
JCDX.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDOct 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 21:14
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.