QM · rank #11 · 2026-10-23
DEC
PARIS · EUR · $6.04B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +72.31% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +16.1% |
| Profit margin Net profit margin, trailing 12 months. | +8.7% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $6.04B |
| Anchor (recent) Close on 2026-09-23 | $25.10 |
| Anchor (far) Close on 2025-09-23 | $14.57 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
JCDecaux (DEC@PARIS) is the world's largest out-of-home advertising company, monetising exclusive long-term concessions across street furniture, transport, and airport networks in over 80 countries.
Rationale
The 72% trailing momentum is supported by genuine fundamental improvement—EBIT up 56%, FCF turning positive, digital mix at 43% and growing 14.5% organically—giving the quality_momentum signal a fundamental anchor rather than pure sentiment.
Material risks
- 1Concession contestability is the core structural risk: the moat is access to scarce public inventory won through competitive tenders, and a single large renewal loss (e.g., a major airport or city network) can permanently remove high-value inventory with no backlog to cushion the revenue gap.
- 2Advertising demand is cyclically exposed—management's own Q3 guidance caveat around macroeconomic and geopolitical uncertainty signals that occupancy and pricing can deteriorate quickly if corporate marketing budgets contract, compressing margins on a largely fixed-cost concession base.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.