OUTFRONT MEDIA INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 15.1 USD | -0.46% |
|
+0.07% | +8.17% |
| May. 02 | Transcript : OUTFRONT Media Inc., Q1 2024 Earnings Call, May 02, 2024 | |
| May. 02 | Earnings Flash (OUT) OUTFRONT MEDIA Reports Q1 Revenue $408.5M | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,849 | 2,825 | 3,905 | 2,722 | 2,304 | 2,505 | - | - |
| Enterprise Value (EV) 1 | 6,206 | 4,815 | 6,289 | 5,525 | 4,764 | 5,084 | 5,117 | 5,142 |
| P/E ratio | 27.6 x | -34.9 x | 536 x | 19.7 x | -5.25 x | 23.1 x | 18.6 x | 16.6 x |
| Yield | 5.37% | 1.94% | 0.75% | 7.24% | - | 10.6% | 8.23% | 8.23% |
| Capitalization / Revenue | 2.16 x | 2.29 x | 2.67 x | 1.54 x | 1.27 x | 1.35 x | 1.31 x | 1.28 x |
| EV / Revenue | 3.48 x | 3.9 x | 4.3 x | 3.12 x | 2.62 x | 2.73 x | 2.69 x | 2.64 x |
| EV / EBITDA | 11.9 x | 20.6 x | 18.5 x | 11.7 x | 10.6 x | 10.4 x | 10.4 x | 10 x |
| EV / FCF | 33.2 x | 62.5 x | 252 x | 33.6 x | 28.5 x | 24.4 x | 29.7 x | 28.6 x |
| FCF Yield | 3.01% | 1.6% | 0.4% | 2.97% | 3.51% | 4.09% | 3.36% | 3.5% |
| Price to Book | 3.39 x | 2.9 x | 2.82 x | 1.99 x | 3.79 x | 3.77 x | 3.4 x | 3.05 x |
| Nbr of stocks (in thousands) | 143,525 | 144,429 | 145,618 | 164,154 | 165,050 | 165,886 | - | - |
| Reference price 2 | 26.82 | 19.56 | 26.82 | 16.58 | 13.96 | 15.10 | 15.10 | 15.10 |
| Announcement Date | 2/25/20 | 2/25/21 | 2/23/22 | 2/22/23 | 2/21/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,782 | 1,236 | 1,464 | 1,772 | 1,821 | 1,861 | 1,905 | 1,951 |
| EBITDA 1 | 522.4 | 233.3 | 340.3 | 472.4 | 451 | 488.3 | 493.4 | 512.9 |
| EBIT 1 | 309.1 | 72.5 | 168.3 | 287.7 | -258.4 | 300.1 | 306.9 | 328.3 |
| Operating Margin | 17.34% | 5.86% | 11.5% | 16.23% | -14.19% | 16.12% | 16.11% | 16.83% |
| Earnings before Tax (EBT) 1 | 145.8 | -58.5 | 31.6 | 155.7 | -424.6 | 119.5 | 151.3 | 173.8 |
| Net income 1 | 140.1 | -61 | 35.6 | 147.9 | -430.4 | 113.3 | 142.4 | 162.7 |
| Net margin | 7.86% | -4.93% | 2.43% | 8.35% | -23.64% | 6.09% | 7.47% | 8.34% |
| EPS 2 | 0.9700 | -0.5600 | 0.0500 | 0.8400 | -2.660 | 0.6530 | 0.8134 | 0.9112 |
| Free Cash Flow 1 | 187 | 77.1 | 25 | 164.3 | 167.4 | 208 | 172 | 180 |
| FCF margin | 10.49% | 6.24% | 1.71% | 9.27% | 9.19% | 11.18% | 9.03% | 9.23% |
| FCF Conversion (EBITDA) | 35.8% | 33.05% | 7.35% | 34.78% | 37.12% | 42.6% | 34.86% | 35.09% |
| FCF Conversion (Net income) | 133.48% | - | 70.22% | 111.09% | - | 183.66% | 120.8% | 110.61% |
| Dividend per Share 2 | 1.440 | 0.3800 | 0.2000 | 1.200 | - | 1.595 | 1.242 | 1.242 |
| Announcement Date | 2/25/20 | 2/25/21 | 2/23/22 | 2/22/23 | 2/21/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 464.5 | 373.5 | 450.2 | 453.7 | 494.7 | 395.8 | 468.8 | 454.8 | 501.2 | 408.5 | 485.9 | 464.1 | 511.3 | 413 | 475.6 |
| EBITDA 1 | 151.1 | 70.2 | 125.3 | 123.2 | 153.7 | 60.2 | 122.2 | 116.9 | 151.7 | 66.5 | 123.5 | 120.4 | 157.7 | 84.59 | 126.1 |
| EBIT 1 | 105.2 | 28.5 | 79.9 | 74.3 | 105 | 10.2 | 73.1 | 58.6 | 111 | 14 | 78.86 | 76 | 106 | 40.54 | 82.9 |
| Operating Margin | 22.65% | 7.63% | 17.75% | 16.38% | 21.22% | 2.58% | 15.59% | 12.88% | 22.15% | 3.43% | 16.23% | 16.37% | 20.73% | 9.82% | 17.43% |
| Earnings before Tax (EBT) 1 | 73.3 | -2.3 | 48.4 | 40.4 | 69.2 | -27.5 | -477.7 | 18.3 | 62.3 | -27.4 | 39.82 | 37.85 | 69.53 | -7.8 | 45.3 |
| Net income 1 | 71.1 | -0.1 | 48 | 40.8 | 59.2 | -28.9 | -478.9 | 17 | 60.4 | -27.2 | 38.18 | 35.85 | 66.51 | -6.8 | 42.1 |
| Net margin | 15.31% | -0.03% | 10.66% | 8.99% | 11.97% | -7.3% | -102.15% | 3.74% | 12.05% | -6.66% | 7.86% | 7.72% | 13.01% | -1.65% | 8.85% |
| EPS 2 | 0.4100 | -0.0400 | 0.2800 | 0.2300 | 0.3400 | -0.1900 | -2.920 | 0.0900 | 0.3500 | -0.1800 | 0.2181 | 0.2058 | 0.3838 | -0.0800 | 0.2100 |
| Dividend per Share 2 | 0.1000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | 0.3000 | - | - | 0.3075 | 0.3075 | 0.6075 | 0.3150 | - |
| Announcement Date | 2/23/22 | 5/2/22 | 8/3/22 | 11/3/22 | 2/22/23 | 5/3/23 | 8/3/23 | 11/2/23 | 2/21/24 | 5/2/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 2,356 | 1,990 | 2,383 | 2,804 | 2,460 | 2,580 | 2,612 | 2,637 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 4.51 x | 8.532 x | 7.004 x | 5.935 x | 5.454 x | 5.283 x | 5.293 x | 5.141 x |
| Free Cash Flow 1 | 187 | 77.1 | 25 | 164 | 167 | 208 | 172 | 180 |
| ROE (net income / shareholders' equity) | 12.3% | -5.9% | 2.6% | 13.3% | -47% | 23.2% | 23.2% | 26.7% |
| ROA (Net income/ Total Assets) | 3.04% | -1.08% | 0.6% | 2.48% | -7.44% | 2.31% | 2.54% | 2.53% |
| Assets 1 | 4,606 | 5,640 | 5,911 | 5,957 | 5,786 | 4,901 | 5,614 | 6,432 |
| Book Value Per Share 2 | 7.900 | 6.740 | 9.520 | 8.340 | 3.680 | 4.000 | 4.440 | 4.950 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 89.9 | 53.5 | 73.8 | 89.8 | 86.8 | 75 | 74 | 75 |
| Capex / Sales | 5.04% | 4.33% | 5.04% | 5.07% | 4.77% | 4.03% | 3.88% | 3.85% |
| Announcement Date | 2/25/20 | 2/25/21 | 2/23/22 | 2/22/23 | 2/21/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
15.1
USD
Average target price
17.6
USD
Spread / Average Target
+16.56%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +8.17% | 2.5B | |
| -14.54% | 86.15B | |
| -5.92% | 71.91B | |
| +5.11% | 45.68B | |
| -13.61% | 43.24B | |
| +13.99% | 23.38B | |
| -22.15% | 21.22B | |
| +12.76% | 12.25B | |
| -9.74% | 2.24B | |
| -33.04% | 930M |
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- OUT Stock
- Financials OUTFRONT Media Inc.
