Media investment banker Mark Boidman projects that autonomous cars won’t account for a significant number of vehicles on the roadway for at least 25 years.    Take a look at this slide from Mark Boidman’s presentation to the 58th FEPE Congress.

You can download Boidman’s presentation Out of Home Media – Where Are We Headed and M&A Review at this link.

The presentation also notes that public out of home companies are trading at a premium to their 5 year median.  The public out of home companies has a current valuation of 13.4 times trailing 12 months cashflow versus a 5 year median valuation of 12.7 times trailing 12 months EBITDA.

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