CEPE DE MURAT SAS - CENTRALE EOLIENNE DE PRODUCTION D'ENERGIE DE MURAT : revenue, balance sheet and financial ratios

In 2024, CEPE DE MURAT SAS - CENTRALE EOLIENNE DE PRODUCTION D'ENERGIE DE MURAT achieves revenue of 2.0 M€. Revenue is declining over the period 2017-2024 (CAGR: -7.7%). Significant drop of -46% vs 2023. After deducting consumption (0 €), gross margin stands at 2.0 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 1.5 M€, representing 74.7% of revenue. Positive scissor effect: EBITDA margin improves by +29.9 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 467 k€, i.e. 22.9% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 24%. 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 75%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 65.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

The liquidity ratio (= Current assets / Current liabilities) stands at 1126.07. 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 2.7x. Financial charges are adequately covered by operations.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 112 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 25 days. The gap of 87 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-169 days): operations structurally generate cash. Over 2017-2024, WCR increased by +80%, requiring additional financing.

Based on 85 transactions of similar company sales (all years), the value of CEPE DE MURAT SAS - CENTRALE EOLIENNE DE PRODUCTION D'ENERGIE DE MURAT is estimated at 2 538 923 € (range 354 296€ - 10 070 004€). With an EBITDA of 1 526 052€, 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.