French holding company controlled by Bollore SE, with shareholdings inside the Bollore group's chain of companies.
French holding company controlled by Bollore SE, with shareholdings inside the Bollore group's chain of companies.
Exists to hold shares within the Bollore group's chain of companies, so its fortunes follow those holdings and it has no operations of its own. Bollore SE, which controls it, tried in 2024 and 2025 to buy out the minority shareholders; the French market regulator ruled the offer non-compliant in April 2025.
Moat: none. A pass-through holding vehicle within the Bollore pyramid, not an operating business itself.
Headquarters: Puteaux, France
Size Compagnie du Cambodge (CBDG.PA) is a France Communication Services company (Advertising/Marketing Services) with a market value of $6.33B, the 60th largest of 206 France companies the cockpit tracks. Shares closed at €93.00 on 6 Nov 2026.
Performance Over six months the shares fell 10.6%, against +6.4% for the median peer and -0.4% for the France market (cap-weighted) — 5th lowest of 15 in its peer set.
Growth Revenue grew 44.7% over the last twelve months (peer median +4.1%); the operating margin is -11.1% (peer median 9.3%).
Valuation It trades at 43.5× enterprise value to sales against a peer median of 0.9× (most expensive of 15).
Price implies For today's price to make sense, revenue must grow about 56% a year for seven years (Req g). Recent delivered growth is +269%, so the hurdle is -213 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 8.1 points below its cost of capital (7.9% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €141M | €137M | €31.3M | €200,000 | €200,000 |
| Revenue growth | — | +338% | +15,550% | 0% | — |
| Gross profit | -€14.7M | -€16.3M | -€3.80M | -€1.20M | -€900,000 |
| EBITDA | -€12.8M | -€15.3M | -€3.50M | -€1.20M | -€1.00M |
| Net income | €25.4M | €30.0M | €40.3M | €31.0M | €11.3M |
| Free cash flow | €25.5M | €29.8M | €35.2M | n/a | n/a |
| Capital expenditure | €3.70M | €4.00M | €500,000 | €0 | €0 |
| Total debt | n/a | €67.7M | €53.3M | €0 | €0 |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Compagnie du Cambodge CBDG.PA | $6.33B | -11% | +45% | -11% | 43.5× | 55.9% |
| Compagnie de l'Odet ODET.PA | $4.74B | -30% | -83% | -8% | 2.3× | 24.3% |
| Bollore BOL.PA | $11.8B | -28% | -83% | -7% | 3.1× | 37.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CBDG.PA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -3.1% | +9.6% | lowest of 15 |
| 6-month return | -10.6% | +6.4% | 5th lowest of 15 |
| Distance from 52-week high | -15.4% | -14.1% | 8th highest of 15 |
| Revenue growth (TTM) | +44.7% | +4.1% | 2nd highest of 15 |
| Operating margin | -11.1% | 9.3% | lowest of 15 |
| EV / Sales | 43.5× | 0.9× | most expensive of 15 |
| Growth the price implies (Req g, 7 yrs) | 55.9% | 0.8% | 3rd most demanding of 13 |
| Growth delivered (Del g) | +269.1% | +9.0% | highest of 13 |
| Hurdle (Req g minus delivered) | -213.3 pp | -5.9 pp | least demanding of 13 |
| ROIC minus cost of capital | -8.1 pp | +1.0 pp | 2nd lowest of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Compagnie du Cambodge CBDG.PA | France | $6.33B | -11% | +45% | -11% | 43.5× | 55.9% | +269.1% |
| Dentsu 4324.T | Japan | $6.37B | +30% | +4% | 10% | 0.8× | -12.0% | +8.8% |
| JCDecaux DEC.PA | France | $6.40B | +42% | +1% | 12% | 2.3× | 6.6% | +11.8% |
| WPP WPP.L | United Kingdom | $5.93B | +58% | -6% | 9% | 0.7× | -8.1% | +2.5% |
| BlueFocus Intelligent Communications 300058.SZ | China | $6.98B | -24% | +6% | 0% | 0.6× | 58.3% | +11.1% |
| Pattern PTRN | United States | $3.24B | +15% | +44% | 1% | 1.0× | 37.8% | +36.2% |
| Easy Click Worldwide Network Technology 301171.SZ | China | $3.20B | +3% | +29% | 2% | 4.1× | 57.4% | +9.1% |
| Hakuhodo Dy 2433.T | Japan | $3.05B | +34% | -6% | 5% | 0.5× | -2.8% | +3.8% |
| REA REA.AX | Australia | $15.9B | +2% | +4% | 48% | 11.4× | 19.3% | +14.5% |
| Kuaishou-w 1024.HK | Hong Kong | $16.0B | -39% | +11% | 11% | 0.7× | -4.4% | +18.6% |
| Stroeer SE & Co. KGaA SAX.DE | Germany | $2.41B | -1% | +3% | 11% | 1.9× | 4.5% | +7.5% |
| Havas HAVAS.AS | Netherlands | $1.99B | +10% | +1% | 9% | 0.7× | -8.4% | +1.8% |
| Guangdong Guangzhou Daily Media 002181.SZ | China | $1.96B | -32% | 0% | -6% | 22.0× | n/a | n/a |
| Guangdong Advertising 002400.SZ | China | $1.72B | -27% | +11% | 0% | 0.6× | n/a | n/a |
| Omnicom OMC | United States | $23.6B | +13% | +54% | 15% | 1.3× | -6.9% | +5.6% |