olivLaw · European equity research
Jcdecaux Se DEC.PA
France · Euronext Paris · ISIN FR0000077919 · Vertical: Listed companies from France
At the close of 05 Nov 2026, Jcdecaux Se (DEC.PA) stock was 26.76 EUR (+5.77% on the day), with market capitalisation 5.7 bn EUR, dividend yield 0.17%, beta 0.65, 52-week range 14.20–26.76 EUR.
Data as of · Source: ESEF annual reports and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 68.3
- strong (55–70)
- Bollinger (20, 2)
- 23.82 – 26.19
- above the upper band · %B 1.24 · band width 9.5%
- SMA 50 / 200
- 24.66 / 20.73
- uptrend (price > SMA50 > SMA200)
- MACD (12, 26, 9)
- 0.19 / 0.09
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | EURO STOXX 50 | vs EURO STOXX 50 | Vertical median | |
|---|---|---|---|---|
| 1 month | +9.4% | −0.6% | +10.1 pp | — |
| 3 months | +8.3% | −4.2% | +12.5 pp | — |
| 6 months | +45.1% | +4.3% | +40.8 pp | — |
| Year to date | +72.9% | +7.5% | +65.4 pp | — |
| 1 year | +71.0% | +9.9% | +61.1 pp | −6.8% |
| 3 years | +75.2% | +49.8% | +25.4 pp | −15.9% |
| 5 years | +5.9% | +42.8% | −36.9 pp | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2020 | 2021 |
|---|---|---|
| Revenue | 2.1 bn | 2.5 bn |
| Revenue YoY | unavailable | +20.1% |
| Net income | -604.6 m | -14.5 m |
| Net income YoY | unavailable | unavailable |
| Diluted EPS | -2.84 | -0.07 |
| Diluted EPS YoY | unavailable | unavailable |
| net % | -28.8% | -0.6% |
| Free cash flow | unavailable | unavailable |
Balance sheet & financial health
Fiscal year 2021 · 31 Dec 2021
- Cash
- 1.5 bn EUR
- Financial debt
- unavailable EUR
- Net debt
- unavailable EUR
- Equity
- 1.6 bn EUR
- Total assets
- 9.5 bn EUR
- Debt / equity
- unavailable
- Current ratio
- 0.98x
- ROE
- -0.9%
- ROA
- -0.1%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (EUR)
Margins
Income statement · EUR
| Line | 2020 | 2021 | Source (latest year) |
|---|---|---|---|
| Revenue | 2.1 bn | 2.5 bn | esef· 19 Jan 2023verified |
| Operating income | -475.8 m | 68.6 m | esef· 19 Jan 2023verified |
| Interest expense | 45.7 m | 49.1 m | esef· 19 Jan 2023verified |
| Pre-tax income | -637.9 m | -10.0 m | esef· 19 Jan 2023verified |
| Income tax | -21.2 m | -13.6 m | esef· 19 Jan 2023verified |
| Net income | -604.6 m | -14.5 m | esef· 19 Jan 2023verified |
| Diluted EPS | -2.84 | -0.07 | esef· 19 Jan 2023verified |
| Weighted average diluted shares | 212.7 m | 212.8 m | esef· 19 Jan 2023verified |
| Dividend per share | 0.04 | 0.05 | esef· 19 Jan 2023derived |
Balance sheet · EUR
| Line | 2020 | 2021 | Source (latest year) |
|---|---|---|---|
| Cash | 1.6 bn | 1.5 bn | esef· 19 Jan 2023verified |
| Receivables | 697.4 m | 743.0 m | esef· 19 Jan 2023verified |
| Inventories | 172.6 m | 143.1 m | esef· 19 Jan 2023verified |
| Current assets | 2.6 bn | 2.5 bn | esef· 19 Jan 2023verified |
| Property, plant & equipment, net | 1.3 bn | 1.2 bn | esef· 19 Jan 2023verified |
| Goodwill | 1.6 bn | 1.6 bn | esef· 19 Jan 2023verified |
| Intangibles (excl. goodwill) | 534.1 m | 514.4 m | esef· 19 Jan 2023verified |
| Total assets | 10.1 bn | 9.5 bn | esef· 19 Jan 2023verified |
| Current liabilities | 2.6 bn | 2.5 bn | esef· 19 Jan 2023verified |
| Total liabilities | 8.5 bn | 7.9 bn | esef· 19 Jan 2023verified |
| Equity | 1.6 bn | 1.6 bn | esef· 19 Jan 2023verified |
| Shares outstanding at year end | 212.7 m | 213.2 m | esef· 19 Jan 2023derived |
Cash flow · EUR
| Line | 2020 | 2021 | Source (latest year) |
|---|---|---|---|
| Operating cash flow | 888.1 m | 1.0 bn | esef· 19 Jan 2023verified |
| Investing cash flow | -273.7 m | -170.1 m | esef· 19 Jan 2023verified |
| Financing cash flow | 848.7 m | -934.4 m | esef· 19 Jan 2023verified |
| Dividends paid | 7.8 m | 9.9 m | esef· 19 Jan 2023verified |
| Share repurchases | 24.7 m | 22.2 m | esef· 19 Jan 2023verified |
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- indicators available: 4 of at least 6
- score weight coverage: 22.9% of at least 60%
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 5.7 bn EUR
Key indicators
Coverage and freshness
The data is older than the freshness threshold.
Score by group
23% · Insufficient data
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 0.63 – 0.86 EUR.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (EUR per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)unavailable · input data missing
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: P/Eunavailable · the base of the ratio is not positive
- Dividend discount (DDM)0.63 – 0.86 (Mid 0.73)
Assumptions (illustrative, editorial)
- Risk-free rate
- 3.0%
- Equity risk premium
- 5.5%
- Beta (default)
- 1.00
- Cost of equity
- 8.5%
- Terminal growth
- 2.0%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 4 of at least 6; score weight coverage: 22.9% of at least 60%
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | -0.6% | 36 (vs peers) | 27% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | unavailable | unavailable | — |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | 1.4x | 0 (on a fixed band) | 27% |
| Current ratio · Balance sheet | 1.0x | 15 (on a fixed band) | 18% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | 0.6% | 8 (on a fixed band) | 27% |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet6/100 · 2/3 factors with a value
- Growth· partialunavailable · 0/2 factors with a value
- Quality· partial36/100 · 1/3 factors with a value
- Returns· partial8/100 · 1/2 factors with a value
- Valuation· partialunavailable · 0/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
JCDECAUX SE (DEC.PA). Latest full fiscal year: 2021; data up to 2021-12-31.
Figures computed from the financial statements: revenue 2.5 bn EUR in 2021; YoY growth 20.1%; net margin -0.6%; ROE -0.9%.
The estimated value range is 0.63–0.86 EUR per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 0.73 EUR, the price of 26.76 EUR leaves a potential of -97.3% (value / price − 1) and a margin of safety of -3,575.2% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
Insufficient data for a verdict (indicators available: 4 of at least 6; score weight coverage: 22.9% of at least 60%).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
No signal among the computed factors. That is not an absence of risk: factors without data were not assessed, and business risks (margins, inventory, demand) are in the source-based analysis.
What contradicts it
- Interest coverage: 1.4x
- Current ratio: 1.0x
- Shareholder yield (distributions): 0.6%
- The price is above the estimated value range
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, P/E (TTM), EV/EBITDA, FCF yield, Payout ratio (FCF).
Versus the vertical median
Listed companies from France · same country · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| AI.PAL'air Liquide Societe Anonyme Pour L'etude Et L'exploitation Des Procedes Georges Claude | 109.3 bn | 33.2 | 12.9% | 12.2% | −2.0% | +26% / +32% |
| AC.PAAccor | 13.8 bn | 30.7 | 9.6% | 8.0% | +0.6% | +6% / +56% |
| ADP.PAAeroports De Paris | 11.7 bn | 34.1 | 7.8% | 5.6% | +12.1% | −7% / +4% |
| AKE.PAArkema | 7.1 bn | 115.4 | 0.9% | 0.7% | −5.0% | +12% / −37% |
| ALO.PAAlstom | 5.8 bn | 18.3 | 3.1% | 1.7% | +3.7% | −51% / −4% |
| DEC.PAJcdecaux Se | 5.7 bn | — | -0.9% | -0.6% | +20.1% | +74% / +53% |
| AF.PAAir France - Klm | 4.3 bn | 13.6 | — | 1.0% | +4.8% | +20% / +9% |
| ATE.PAAlten | 3.1 bn | 29.5 | 4.8% | 2.6% | −1.1% | +33% / −29% |
| BB.PASociete Bic | 2.7 bn | 31.3 | 5.0% | 4.1% | −4.8% | +32% / +5% |
| ANTIN.PAAntin Infrastructure Partners | 1.4 bn | 13.0 | 21.9% | 36.6% | −8.1% | −24% / −35% |
| 74SW.PA74software | 792.7 m | 20.9 | 8.9% | 8.5% | +44.8% | −13% / +41% |
| AUB.PAAubay | 667.4 m | 17.8 | 13.6% | 6.3% | +11.3% | +3% / +45% |
| ASY.PAAssystem | 507.1 m | 69.9 | 2.5% | 1.1% | +7.4% | −19% / −18% |
| ATO.PAAtos Se | 483.0 m | — | -23,400.0% | -17.5% | −16.5% | −45% / −94% |
| ARAMI.PAAramis Group | 298.8 m | 15.0 | 10.0% | 0.8% | +6.3% | −33% / −16% |
| ARVEN.PAArverne Group | 246.1 m | — | -14.0% | -115.3% | +27.0% | +20% / −35% |
| BGO.PACompagnie Chargeurs Invest | 189.4 m | — | -8.6% | -5.7% | −2.9% | unavailable / unavailable |
| ALCIS.PACatering International & Services | 145.0 m | 28.4 | 9.3% | 1.9% | +5.8% | +39% / +107% |
| ALCGM.PACegedim | 144.6 m | — | -2.6% | -1.2% | +10.9% | −26% / −49% |
| ATEME.PAAteme | 144.0 m | 151.3 | 2.8% | 1.0% | +2.2% | +82% / +77% |
| ALHEX.PAHexaom | 144.0 m | 6.7 | 9.9% | 2.2% | +13.1% | −32% / +7% |
| ALBON.PACompagnie Lebon | 111.7 m | 16.5 | 4.2% | 8.8% | −17.9% | +6% / +8% |
| ALHYF.PALhyfe | 75.8 m | — | -33.4% | -570.5% | +287.2% | unavailable / unavailable |
| ALFER.PASergeferrari Group | 61.5 m | 11.5 | 5.1% | 1.5% | +7.4% | −33% / −27% |
| ABEO.PAAbeo | 60.8 m | 7.3 | 6.9% | 3.0% | +12.6% | −13% / −54% |
1- and 3-year price returns: for DEC.PA from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (EUR)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
AI analysis
The qualitative analysis has not been written for this company yet.
Products, market & competition
The qualitative analysis has not been written for this company yet.
News & filings
In the press
No news in our archive over the last 180 days.
Annual reports (ESEF)
- Annual report 202119 Jan 2023
Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.