JCDecaux SE (FRA:DCS) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Dec. 2025)


FRA:DCS JCDecaux SE FRA:DCS
85 GF Score
Price €20.74
GF Value €20.18
Valuation Fairly Valued
! 8 Warning Signs
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What is JCDecaux SE Return-on-Tangible-Equity?

JCDecaux SE FRA:DCS +2.37% 85 Return-on-Tangible-Equity is Negative Tangible Equity% 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. Among 861 Media - Diversified companies, JCDecaux SE ranks better than 99.88% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. JCDecaux SE's annualized net income for the quarter that ended in Dec. 2025 was €373 Mil. JCDecaux SE's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €-116 Mil. Therefore, JCDecaux SE's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was Negative Tangible Equity%.

The historical rank and industry rank for JCDecaux SE's Return-on-Tangible-Equity or its related term are showing as below:

FRA:DCS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 29.76   Med: 34.52   Max: 308.12
Current: Negative Tangible Equity

During the past 13 years, JCDecaux SE's highest Return-on-Tangible-Equity was 308.12%. The lowest was 29.76%. And the median was 34.52%.

FRA:DCS's Return-on-Tangible-Equity is ranked better than
99.88% of 861 companies
in the Media - Diversified industry
Industry Median: 5.42 vs FRA:DCS: Negative Tangible Equity

JCDecaux SE  (FRA:DCS) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


JCDecaux SE Return-on-Tangible-Equity Related Terms


JCDecaux SE Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for JCDecaux SE's Return-on-Tangible-Equity can be seen below:

* 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 Return-on-Tangible-Equity Chart

JCDecaux SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

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
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

FRA:DCS vs APP, OMC, TTD: Return-on-Tangible-Equity Comparison

For the Advertising Agencies subindustry, JCDecaux SE's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, JCDecaux SE's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where JCDecaux SE's Return-on-Tangible-Equity falls into.


FRA:DCS
85GF Score
JCDecaux SE FRA:DCS
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JCDecaux SE Return-on-Tangible-Equity Calculation

JCDecaux SE's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=262.6/( (-144.2+-29.6 )/ 2 )
=262.6/-86.9
=Negative Tangible Equity %

JCDecaux SE's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=373.4/( (-201.6+-29.6)/ 2 )
=373.4/-115.6
=Negative Tangible Equity %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
JCDecaux SE (FRA:DCS) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on JCDecaux SE and its competitors. Over the past decade, JCDecaux SE's Return-on-Tangible-Equity has ranged from 29.76 to 308.12. According to the industry distribution chart, JCDecaux SE ranks #1 out of 861 companies in the Media - Diversified industry, placing it in the top 0.099999999999994%.
Is JCDecaux SE's Return-on-Tangible-Equity too high?
JCDecaux SE's current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 29.76 to a high of 308.12. Based on the distribution chart, JCDecaux SE ranks #1 out of 861 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. 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 Return-on-Tangible-Equity compare to APP and OMC?
According to the Media - Diversified industry distribution chart, JCDecaux SE ranks #1 out of 861 companies for Return-on-Tangible-Equity. This places JCDecaux SE in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.42. Historically, JCDecaux SE's own Return-on-Tangible-Equity has ranged from 29.76 to 308.12 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Media - Diversified company?
The median Return-on-Tangible-Equity among Media - Diversified companies is 5.42, based on 861 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on JCDecaux SE and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Equity is 5.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JCDecaux SE's current Return-on-Tangible-Equity is Negative Tangible Equity%. 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 €20.74 — trading 2.8% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For JCDecaux SE (FRA:DCS), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 €20.74 is trading 2.8% above its estimated GF Value™ of €20.18. GuruFocus considers JCDecaux SE to be Fairly Valued.

Key valuation signals for FRA:DCS:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: €20.18 vs. price of €20.74 (2.8% 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

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

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

€20.74
Price
€20.18
GF Value