Outdoor Ad Company Valuations in March 2016 (Billboard Insider)

The four public outdoor companies were valued at 3.7 times gross revenue and 13.1 times cashflow at March 31, 2016. Lamar leads the group at a valuation of 5.8 times revenue and 13.9 times cashflow. Insider attributes this to the fact that Lamar has the highest margins of the group and is the least reliant on short-term transit and airport advertising contracts. […]