2 models fit OUTFRONT Media Inc. Common Stock and they disagree: 0 of 2 land within 15% of the average. The price is above every model.
Two or more of our models back this value.
Large premium(i)Silver68
Valued as a REIT (property company): Price to FFO, Dividend discount, and EV/EBITDA comparison.
ACCE opinionOUTFRONT Media Inc. Common Stock (OUT)
Fair value (2 models)
$15.19
ACCE price target
$27.00
Rating
Overvalued
Horizon
12 months
Fair value published on 20 Oct 2026, 15:04 CEST; previously $14.54 since 16 Oct 2026, 00:00 CEST.
ACCE price target published on 10 Oct 2026, 00:00 CEST.
Rating published on 20 Oct 2026, 15:04 CEST.
Price used: $31.03 at the close on 23 Oct 2026, 22:00 CEST.
Models: Dividend discount and Price to FFO.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
104.3% above
-51.0% to fair value
ACCE score
72
out of 100
Analysts
86% buy
7 covering
P/E
22.3x
forward 19.0x
1-year return
+73.4%
Dividend yield
3.87%
OUTFRONT Media Inc. Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
OUTFRONT Media owns and operates out-of-home advertising structures, principally billboards, transit displays and digital screens across major US metros, and leases them to advertisers. Its moat is the scarcity of permitted physical inventory in dense urban markets, which is hard to replicate and lets the company convert digital upgrades into pricing power. The near-term driver is the shift of existing static faces to digital, which carries higher yields per unit and supports the 13.5% revenue growth in the data. At a 22.0 trailing and 19.0 forward P/E, with a 51.4% gross margin and 22.3% operating margin, the stock is priced for steady execution rather than a rerating, so the question for the desk is whether digital conversion and ad demand can keep margins expanding from here.
⚠ Investor warnings · 3 flagsAI-assisted·How I use AI
high
Leverage stretched
Debt/Equity of 5.82 is a heavy capital structure for an operator that generated only $199M of free cash flow against a $5.4B market cap.
moderate
Price well above model
The stock trades 104.3% above the model fair value of $15.19, and 14.9% above the ACCE price target of $27.00, leaving little margin of safety on the valuation side.
moderate
Short interest elevated
Short interest sits at 8.8%, a meaningful bet against the shares that could amplify moves in either direction.
AI research notes
AI-assisted·How I use AIWritten Oct 20, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
Revenue grew 13.5% year over year, well ahead of its 8.2% five-year average pace.
The latest quarter beat expectations, with earnings per share of 0.68 against 0.56 expected, a 21.4% surprise.
Why it could disappoint
The stock trades 104.3% above the model fair value of $15.19, and only 2 of the 3 valuation models back that figure.
Debt to equity of 5.82 is very high, and rising interest costs would squeeze the cash available to pay the dividend.
Return on invested capital of 2.5% is thin, far below the 35.0% return on equity, which leans on heavy borrowing.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.
Next results
Nov 5, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle
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Valuation
INVESTOR
Where OUT's valuation models land
Price
$31.03
Model fair value
$15.19
Model range
$12.52 to $17.86
Fair value $15.19
Price $31.03
The price is above the whole model range.
Model
Fair value
Upside
Dividend discount
EV/EBITDA comparison
Price to FFO
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Quality
INVESTOR
Quality and conviction INVESTOR FEATURE
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+Conviction breakdown and growth / value / quality / momentum scores