SIREN : 393430608
ARGAN is a French company founded 32 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in NEUILLY-SUR-SEINE (92200), this company of category ETI shows in 2024 a revenue of 234.6 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 234 596 831 € | 215 384 088 € | 194 773 219 € | 181 591 302 € | 168 514 414 € | 108 965 651 € | 104 941 799 € | 92 433 740 € | 81 694 109 € |
| Net income | 61 758 421 € | 15 488 020 € | 15 587 € | 41 382 057 € | 2 568 830 € | 4 547 427 € | 21 401 908 € | 6 745 860 € | 5 960 484 € |
| EBITDA | 154 590 867 € | 131 508 579 € | 111 776 786 € | 107 512 694 € | 72 180 621 € | 18 365 741 € | 35 370 099 € | 15 998 041 € | 23 553 592 € |
| Net margin | 26.3% | 7.2% | 0.0% | 22.8% | 1.5% | 4.2% | 20.4% | 7.3% | 7.3% |
In 2024, ARGAN achieves revenue of 234.6 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +14.1%. Vs 2023: +9%. After deducting consumption (0 €), gross margin stands at 234.6 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 154.6 M€, representing 65.9% of revenue. Positive scissor effect: EBITDA margin improves by +4.8 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 61.8 M€, i.e. 26.3% of revenue. This profit can be retained or distributed to shareholders.
234 596 831 €
234 596 831 €
154 590 867 €
58 591 425 €
61 758 421 €
65.9%
The debt ratio (= Financial debt / Equity x 100) stands at 358%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 21%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 14.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 50.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
357.501%
20.853%
50.527%
14.329
79.4%
In 2024, the debt ratio of ARGAN (357.50) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of ARGAN (20.9%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of ARGAN (14.33) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 449.26. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 31.0x. Operating income very largely covers interest expenses: high safety margin.
449.261
31.034
In 2024, the liquidity ratio of ARGAN (449.26) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of ARGAN (31.0x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 75 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 33 days. The gap of 42 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 10 days of revenue, i.e. 6.5 M€ to permanently finance. Over 2016-2024, WCR increased by +149%, requiring additional financing.
6 456 105 €
75 j
33 j
0 j
10 j
Based on 169 transactions of similar company sales in 2024, the value of ARGAN is estimated at 573 779 252 € (range 161 576 160€ - 1 031 138 804€). With an EBITDA of 154 590 867€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (in line with sector norms). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
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This estimate is based on the analysis of 169 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare ARGAN with other companies in the same sector:
Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers
The revenue of ARGAN in 2024 is 234.6 M€.
Yes, ARGAN generated a net profit of 61.8 M€ in 2024.
The headquarters of ARGAN is located in NEUILLY-SUR-SEINE (92200), in the department Hauts-de-Seine.
The tax return of ARGAN is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).
ARGAN operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.