CENTRALE BIOGAZ DE MONTAUBAN-DE-BRETAGNE : revenue, balance sheet and financial ratios

In 2024, CENTRALE BIOGAZ DE MONTAUBAN-DE-BRETAGNE achieves revenue of 2.0 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +71.7%. Vs 2023: +7%. After deducting consumption (478 k€), gross margin stands at 1.5 M€, i.e. a rate of 76%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 385 k€, representing 19.0% of revenue. Positive scissor effect: EBITDA margin improves by +8.6 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 544 k€, i.e. 26.9% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at -246%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches -61%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 16.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 9.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

The liquidity ratio (= Current assets / Current liabilities) stands at 224.06. 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 49.7x. Operating income very largely covers interest expenses: high safety margin.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 57 days. Favorable situation: supplier credit is longer than customer credit by 3 days. Inventory turnover is 47 days (= Average inventory / Cost of goods x 360). WCR is negative (-59 days): operations structurally generate cash. Notable WCR improvement over the period (-661%), freeing up cash.

Based on 85 transactions of similar company sales (all years), the value of CENTRALE BIOGAZ DE MONTAUBAN-DE-BRETAGNE is estimated at 1 200 153 € (range 213 566€ - 5 039 734€). With an EBITDA of 385 096€, the sector multiple of 2.4x is applied. The price/revenue ratio is 0.69x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.