BPCE CAR LEASE : revenue, balance sheet and financial ratios

BPCE CAR LEASE is a French company founded 55 years ago, specialized in the sector Location de longue durée de voitures et de véhicules automobiles légers. Based in BALMA (31130), this company of category GE shows in 2024 a revenue of 229.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - BPCE CAR LEASE (SIREN 977150309)
Indicator 2024 2021 2020 2019 2018 2017 2016
Revenue 229 670 758 € 157 194 352 € 140 889 494 € 130 905 590 € 113 644 334 € 97 395 060 € 80 770 191 €
Net income -8 043 837 € -3 059 494 € -12 763 590 € -10 691 646 € -22 423 256 € -6 903 692 € -3 528 998 €
EBITDA 146 928 003 € 99 513 370 € 95 275 801 € 84 527 028 € 73 870 752 € 63 086 445 € 51 207 873 €
Net margin -3.5% -1.9% -9.1% -8.2% -19.7% -7.1% -4.4%

Revenue and income statement

In 2024, BPCE CAR LEASE achieves revenue of 229.7 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +14.0%. Vs 2021, growth of +46% (157.2 M€ -> 229.7 M€). After deducting consumption (3 k€), gross margin stands at 229.7 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 146.9 M€, representing 64.0% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -8.0 M€ (-3.5% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

229 670 758 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

229 668 060 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

146 928 003 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

23 836 578 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-8 043 837 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

64.0%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 985%. 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 8%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 62.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

985.327%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

8.184%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

62.022%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

5.322

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

75.1%

Solvency indicators evolution
BPCE CAR LEASE

Sector positioning

Debt ratio
985.33 2024
2020
2021
2024
Q1: 0.0
Med: 52.09
Q3: 260.67
Watch

In 2024, the debt ratio of BPCE CAR LEASE (985.33) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
8.18% 2024
2020
2021
2024
Q1: 4.51%
Med: 24.09%
Q3: 51.07%
Average

In 2024, the financial autonomy of BPCE CAR LEASE (8.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
5.32 years 2024
2020
2021
2024
Q1: 0.0 years
Med: 1.27 years
Q3: 3.63 years
Watch

In 2024, the repayment capacity of BPCE CAR LEASE (5.32) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 107.19. 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 13.9x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

107.187

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

13.945

Liquidity indicators evolution
BPCE CAR LEASE

Sector positioning

Liquidity ratio
107.19 2024
2020
2021
2024
Q1: 79.61
Med: 167.54
Q3: 370.44
Average -11 pts over 3 years

In 2024, the liquidity ratio of BPCE CAR LEASE (107.19) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
13.95x 2024
2020
2021
2024
Q1: 0.0x
Med: 1.37x
Q3: 11.14x
Excellent +25 pts over 3 years

In 2024, the interest coverage of BPCE CAR LEASE (13.9x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 36 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 223 days. Excellent situation: suppliers finance 187 days of the operating cycle (retail model). WCR is negative (-155 days): operations structurally generate cash. Notable WCR improvement over the period (-131%), freeing up cash.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

-98 985 800 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

36 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

223 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

-155 j

WCR and payment terms evolution
BPCE CAR LEASE

Positioning of BPCE CAR LEASE in its sector

Comparison with sector Location de longue durée de voitures et de véhicules automobiles légers

Valuation estimate

Based on 276 transactions of similar company sales (all years), the value of BPCE CAR LEASE is estimated at 1 298 212 256 € (range 270 048 672€ - 1 754 294 733€). With an EBITDA of 146 928 003€, the sector multiple of 11.9x is applied. The price/revenue ratio is 2.33x (premium valuation). 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.

Estimated enterprise value 2024
276 transactions
270048k€ 1298212k€ 1754294k€
1 298 212 256 € Range: 270 048 672€ - 1 754 294 733€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
146 928 003 € × 11.9x
Estimation 1 755 559 411 €
356 997 444€ - 2 388 711 364€
Revenue Multiple 30%
229 670 758 € × 2.33x
Estimation 535 966 998 €
125 134 052€ - 696 933 683€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 276 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Location de longue durée de voitures et de véhicules automobiles légers)

Compare BPCE CAR LEASE with other companies in the same sector:

Voir toutes les statistiques du secteur Location de longue durée de voitures et de véhicules automobiles légers

Frequently asked questions about BPCE CAR LEASE

What is the revenue of BPCE CAR LEASE ?

The revenue of BPCE CAR LEASE in 2024 is 229.7 M€.

Is BPCE CAR LEASE profitable?

BPCE CAR LEASE recorded a net loss in 2024.

Where is the headquarters of BPCE CAR LEASE ?

The headquarters of BPCE CAR LEASE is located in BALMA (31130), in the department Haute-Garonne.

Where to find the tax return of BPCE CAR LEASE ?

The tax return of BPCE CAR LEASE 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).

In which sector does BPCE CAR LEASE operate?

BPCE CAR LEASE operates in the sector Location de longue durée de voitures et de véhicules automobiles légers (NAF code 77.11B). See the 'Sector positioning' section above to compare the company with its competitors.