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JCDecaux Valuation Multiples

Discover JCDecaux's revenue and EBITDA valuation multiples and M&A history, alongside public comparables like CyberAgent, Dentsu Group, WPP, Outfront Media and more.

JCDecaux Overview

About JCDecaux

JCDecaux SE is an outdoor advertising company. The company focuses on three main business areas namely Street Furniture, Transport advertising, and Billboard advertising. Street furniture advertising relates to bus stop advertising, newspaper kiosks, public benches, and free-standing panels. Transport which focuses on advertising in land transport networks and airports and Billboard Advertising which concerns the marketing of billboards, neon-light billboards, and advertising wraps. The company generates the majority of its revenue from the Street Furniture segment in the form of Advertising. The company has a geographical presence in Europe, Asia-Pacific, France, the Rest of the world, the United kingdom, and North America.


Founded

1975

HQ

France

Employees

12.0K

Financials (LTM)

Revenue: $5B
EBITDA: $942M

EV

$8B

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JCDecaux Financials

JCDecaux reported last 12-month revenue of $5B and EBITDA of $942M.

In the same LTM period, JCDecaux generated $942M in EBITDA and $322M in net income.

Revenue (LTM)


JCDecaux P&L

In the most recent fiscal year, JCDecaux reported revenue of $5B and EBITDA of $1B.

JCDecaux is profitable as of last fiscal year, with gross margin of 51%, EBITDA margin of 33%, and net margin of 7%.

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LTMLast FY202320242025202620272028
Revenue$5B$5B$4B$4B$4B
Gross Profit-$2B$2B$2B$2B
Gross Margin-51%57%54%54%
EBITDA$942M$1B$2B$2B$1B
EBITDA Margin20%33%40%37%35%
EBIT Margin11%11%12%10%12%
Net Profit$322M$308M$243M$301M$306M
Net Margin7%7%6%7%7%
Net Debt-$723M---

Financial data powered by Morningstar, Inc.

JCDecaux Stock Performance

JCDecaux has current market cap of $5B, and enterprise value of $8B.

Market Cap Evolution


JCDecaux's stock price is $21.69.

JCDecaux share price decreased by 1.3% in the last 30 days, and increased by 21.3% in the last year.

JCDecaux has an EPS (earnings per share) of $1.45.

See more trading valuation data for JCDecaux
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$8B$5B-1.2%-1.3%-0.6%21.3%$1.45

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JCDecaux Valuation Multiples

JCDecaux trades at 1.6x EV/Revenue multiple, and 8.1x EV/EBITDA.

See NTM and 2027E valuation multiples for JCDecaux

EV / Revenue (LTM)


JCDecaux Financial Valuation Multiples

As of June 3, 2026, JCDecaux has market cap of $5B and EV of $8B.

JCDecaux has a P/E ratio of 14.3x.

LTMLast FY202320242025202620272028
EV/Revenue1.6x1.7x2.0x1.8x1.8x
EV/EBITDA8.1x5.1x5.0x4.8x5.1x
EV/EBIT14.8x14.8x16.9x17.8x14.8x
EV/Gross Profit-3.3x3.5x3.3x3.3x
P/E14.3x15.0x19.0x15.3x15.1x
EV/FCF15.6x7.4x9.0x8.1x7.4x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified JCDecaux Valuation Multiples

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JCDecaux Margins & Growth Rates

JCDecaux grew revenue by 5% but EBITDA decreased by 35% in the last fiscal year.

In the most recent fiscal year, JCDecaux reported gross margin of 51%, EBITDA margin of 33%, and net margin of 7%.

See estimated margins and future growth rates for JCDecaux

JCDecaux Margins

Last FY202420252026202720282029
Gross Margin51%54%54%-
EBITDA Margin33%37%35%21%
EBIT Margin11%10%12%11%
Net Margin7%7%7%7%
FCF Margin23%22%24%9%

JCDecaux Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth5%10%1%11%
Gross Profit Growth-4%1%-
EBITDA Growth(35%)3%(5%)(35%)
EBIT Growth3%(5%)20%3%
Net Profit Growth11%24%1%12%
FCF Growth(58%)11%8%(58%)

Data powered by FactSet, Inc. and Morningstar, Inc.

JCDecaux Operational KPIs

JCDecaux's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.1M for the same period.

JCDecaux's Rule of 40 is 32% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

JCDecaux's Rule of X is 48% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for JCDecaux
LTMLast FY202320242025202620272028
Rule of 4025%32%---
Bessemer Rule of X33%48%---
Revenue per Employee-$0.4M---
Opex per Employee-$0.1M---
G&A Expenses to Revenue-18%19%18%18%
Opex to Revenue-39%45%44%42%

Data powered by FactSet, Inc. and Morningstar, Inc.

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JCDecaux Competitors

JCDecaux competitors include CyberAgent, Dentsu Group, WPP, Outfront Media, Hakuhodo Dy Holdings, Stroeer, QMMM Holdings, Guangdong Advertising, Autohome and Havas.

Most JCDecaux public comparables operate across Advertising & Marketing.

EV/RevenueEV/EBITDA
Last FYLTM2027ELast FYLTM2027E
CyberAgent0.7x0.6x7.3x6.7x
Dentsu Group0.7x0.7x4.6x4.4x
WPP0.5x0.7x4.3x4.5x
Outfront Media5.3x5.1x19.2x18.0x
Hakuhodo Dy Holdings0.3x0.3x4.9x4.0x
Stroeer1.4x1.3x4.7x4.5x
QMMM Holdings2531.4x-(5038.9x)-
Guangdong Advertising0.7x-52.6x-

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Acquisitions by JCDecaux

JCDecaux has acquired 9 companies to date.

Last acquisition by JCDecaux was on March 29th 2026. JCDecaux acquired VISTA COMMUNICATIONS for undisclosed valuation.

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Latest Acquisitions by JCDecaux

VISTA COMMUNICATIONS
IMC Medios
Pisoni Publicite Et Cie S.A.S.
Displayce
Description
VISTA COMMUNICATIONS is a Tokyo-based company specializing in advertising on taxi shelters.
IMC Medios is a Mexico City-based outdoor advertising company delivering digital and static media solutions. With 5,000+ displays across highways and urban areas in Mexico, it reaches 50 million impressions monthly for brands like Coca-Cola and Pemex. Founded in 1995, the firm manages transit and billboard networks in 20 cities.
Pisoni Publicite Et Cie S.A.S. is an outdoor advertising operator in the Provence-Alpes-Côte d'Azur region of France. It leases billboard spaces, bus shelters, and street furniture for brands in retail, automotive, and tourism campaigns. Headquartered in Marseille, the firm maintains 500 media faces across urban networks.
Displayce is a Paris-headquartered demand-side platform for programmatic advertising on display networks. It optimizes campaigns through real-time bidding on desktop and mobile inventory, emphasizing viewability and brand safety. The platform serves agencies and direct advertisers in Europe with tools for audience targeting via demographics and interests. Displayce processes millions of ad impressions daily across French and international publishers.
HQ CountryJapanCosta RicaFranceFrance
HQ City
Tokyo
-
Nice
Bordeaux
Deal Date29 Mar 20261 Oct 20248 Dec 20225 Jul 2022
Valuationundisclosedundisclosed$31Mundisclosed
EV/Revenue
EV/EBITDA

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About JCDecaux

When was JCDecaux founded?JCDecaux was founded in 1975.
Where is JCDecaux headquartered?JCDecaux is headquartered in France.
How many employees does JCDecaux have?As of today, JCDecaux has over 12K employees.
Is JCDecaux publicly listed?Yes, JCDecaux is a public company listed on Euronext Paris.
What is the stock symbol of JCDecaux?JCDecaux trades under DEC ticker.
When did JCDecaux go public?JCDecaux went public in 2001.
Who are competitors of JCDecaux?JCDecaux main competitors include CyberAgent, Dentsu Group, WPP, Outfront Media, Hakuhodo Dy Holdings, Stroeer, QMMM Holdings, Guangdong Advertising, Autohome, Havas.
What is the current market cap of JCDecaux?JCDecaux's current market cap is $5B.
What is the current revenue of JCDecaux?JCDecaux's last 12 months revenue is $5B.
What is the current revenue growth of JCDecaux?JCDecaux revenue growth (NTM/LTM) is 5%.
What is the current EV/Revenue multiple of JCDecaux?Current revenue multiple of JCDecaux is 1.6x.
What is the current EBITDA of JCDecaux?JCDecaux's last 12 months EBITDA is $942M.
What is JCDecaux's EBITDA margin?JCDecaux's last 12 months EBITDA margin is 20%.
What is the current EV/EBITDA multiple of JCDecaux?Current EBITDA multiple of JCDecaux is 8.1x.
What is the current FCF of JCDecaux?JCDecaux's last 12 months FCF is $487M.
What is JCDecaux's FCF margin?JCDecaux's last 12 months FCF margin is 11%.
What is the current EV/FCF multiple of JCDecaux?Current FCF multiple of JCDecaux is 15.6x.
How many companies JCDecaux has acquired to date?As of June 2026, JCDecaux has acquired 9 companies.
What was the largest acquisition by JCDecaux?$828M acquisition of APN Outdoor on 26th June 2018 was the largest M&A JCDecaux has done to date.
What companies JCDecaux acquired?JCDecaux acquired APN Outdoor, Pisoni Publicite Et Cie S.A.S., Abri Services, Displayce, Eye Catcher Media, JCDecaux South Africa, IMC Medios, Cemu Emulator, and VISTA COMMUNICATIONS.
In how many companies JCDecaux has invested to date?JCDecaux hasn't invested in any companies yet (or none have been disclosed publicly).

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