JCDecaux SE (FRA:DCS) EBIT: €488 Mil (TTM As of Dec. 2025)

What is JCDecaux SE EBIT?

JCDecaux SE FRA:DCS +2.12% 85 EBIT is €488 Mil as of Dec. 2025. GuruFocus rates FRA:DCS with a GF Score™ of 85/100 and a GF Value™ of €20.18 (Fairly Valued). The stock has 8 warning signs investors should review.

JCDecaux SE's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €374 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €488 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. JCDecaux SE's annualized ROC % for the quarter that ended in Dec. 2025 was 6.34%. JCDecaux SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 25.17%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. JCDecaux SE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.89%.

JCDecaux SE (FRA:DCS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

JCDecaux SE's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

	ROC % (Q: Dec. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2025 )	+	Invested Capital (Q: Dec. 2025 ))	/ count )
=	585 * ( 1 - 27.07% )	/	( (6744.4	+	6704)	/ 2 )
=	426.6405	/	6724.2
=	6.34 %

where

	Invested Capital		(Q: Jun. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	7972.2	-	1194.8	-	( 1032.6	-	max(0, 2020.2	-	2053.2	+	1032.6	))
=	6744.4

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	8143.2	-	1206.8	-	( 1362.4	-	max(0, 2081.3	-	2313.7	+	1362.4	))
=	6704

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

JCDecaux SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2025 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2025		Q: Dec. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	747.2	/	( ( (3024.4 + max(-242.2, 0))	+	(2912.7 + max(-482.2, 0)) )	/	2 )
=	747.2	/	( ( 3024.4	+	2912.7 )	/	2 )
=	747.2	/	2968.55
=	25.17 %

where Working Capital is:

	Working Capital		(Q: Jun. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(811.9	+	178.9	+	29.8)	-	(1194.8	+	0	+	68)
=	-242.2

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(594.2	+	139.4	+	173.8)	-	(1206.8	+	0	+	182.8)
=	-482.2

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

JCDecaux SE's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2025 )
	=	488.4	/	7091.658
	=	6.89 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

JCDecaux SE EBIT Related Terms

JCDecaux SE EBIT Historical Data

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The historical data trend for JCDecaux SE's EBIT can be seen below:

JCDecaux SE EBIT Chart

JCDecaux SE Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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68.80

266.20

415.70

486.80

488.40

JCDecaux SE Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
EBIT	Get a 7-Day Free Trial															330.70	123.40	363.40	114.80	373.60

FRA:DCS vs APP, OMC, TTD: EBIT Comparison

For the Advertising Agencies subindustry, JCDecaux SE's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

JCDecaux SE EV-to-EBIT vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, JCDecaux SE's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where JCDecaux SE's EV-to-EBIT falls into.

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85GF Score

JCDecaux SE FRA:DCS

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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JCDecaux SE EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €488 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of €488 Mil mean?

JCDecaux SE (FRA:DCS) has a EBIT of €488 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on JCDecaux SE.

Is JCDecaux SE's EBIT too high?

JCDecaux SE's current EBIT is €488 Mil. Overall, JCDecaux SE has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does JCDecaux SE's EBIT compare to APP and OMC?

JCDecaux SE's EBIT of €488 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for a Media - Diversified company?

A good EBIT depends on the Media - Diversified industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on JCDecaux SE. JCDecaux SE's current EBIT is €488 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is JCDecaux SE stock overvalued right now?

Based on GuruFocus' analysis, JCDecaux SE (FRA:DCS) is currently considered Fairly Valued. The stock's GF Value™ is €20.18, compared to a current price of €20.26 — trading 0.4% above its estimated fair value. The current EBIT is €488 Mil. JCDecaux SE's overall GF Score™ is 85/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For JCDecaux SE (FRA:DCS), the current EBIT is €488 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is JCDecaux SE (FRA:DCS) Overvalued in 2026?

Based on GuruFocus' analysis, JCDecaux SE stock appears to be overvalued. The current stock price of €20.26 is trading 0.4% above its estimated GF Value™ of €20.18. GuruFocus considers JCDecaux SE to be Fairly Valued.

Key valuation signals for FRA:DCS:

EBIT: €488 Mil
GF Value™: €20.18 vs. price of €20.26 (0.4% above fair value)
GF Score™: 85/100 with 8 warning signs

No single metric tells the full story. See the FRA:DCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

JCDecaux SE Business Description

Industry Communication Services Media - Diversified

Comparable Companies XPAR:LOCAL XPAR:DKUPL XPAR:ALREW XPAR:ALBLD XPAR:HCO XPAR:ALHOP XPAR:ALISP XPAR:ALFUM XPAR:ALBIZ XPAR:ALNXT APP XPAR:PUB OMC SZSE:002027 TTD SZSE:300058 TSE:4324 SZSE:002131 LFTO TSE:4751

Other Exchanges JCDXF:USA DECp:UK 0MGO:UK DEC:France DCS:Germany

Address 17 Rue Soyer, Neuilly-sur-Seine, FRA, 92200

Website https://www.jcdecaux.com

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.

85GF Score

Get the complete analysis for FRA:DCS

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€20.26

Price

€20.18

GF Value

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