SIREN : 342167194
CHARLES EXPRESS is a French company founded 38 years ago, specialized in the sector Transports urbains et suburbains de voyageurs. Based in SAINT-PIERRE (97410), this company of category ETI shows in 2024 a revenue of 15.1 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15 126 603 € | 16 071 896 € | 14 517 368 € | 15 014 765 € | 13 803 167 € | 16 054 341 € | 15 608 178 € | 12 988 983 € |
| Net income | 477 360 € | 818 122 € | 1 807 609 € | 833 136 € | 656 178 € | 573 705 € | 604 039 € | 660 554 € |
| EBITDA | 1 743 093 € | 2 050 782 € | 1 938 997 € | 1 999 543 € | 1 703 856 € | 1 585 318 € | 2 012 214 € | 1 989 497 € |
| Net margin | 3.2% | 5.1% | 12.5% | 5.5% | 4.8% | 3.6% | 3.9% | 5.1% |
In 2024, CHARLES EXPRESS achieves revenue of 15.1 M€. Revenue is growing positively over 8 years (CAGR: +2.2%). Slight decline of -6% vs 2023. After deducting consumption (357 k€), gross margin stands at 14.8 M€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.7 M€, representing 11.5% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 477 k€, i.e. 3.2% of revenue. This profit can be retained or distributed to shareholders.
15 126 603 €
14 769 186 €
1 743 093 €
314 003 €
477 360 €
11.5%
The debt ratio (= Financial debt / Equity x 100) stands at 359%. 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 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 12.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
359.351%
9.846%
12.678%
2.379
34.7%
In 2024, the debt ratio of CHARLES EXPRESS (359.35) 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.
In 2024, the financial autonomy of CHARLES EXPRESS (9.8%) 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 CHARLES EXPRESS (2.38) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 126.39. 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 6.3x. Operating income very largely covers interest expenses: high safety margin.
126.393
6.33
In 2024, the liquidity ratio of CHARLES EXPRESS (126.39) 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.
In 2024, the interest coverage of CHARLES EXPRESS (6.3x) 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: 88 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 166 days. Excellent situation: suppliers finance 78 days of the operating cycle (retail model). Overall, WCR represents 155 days of revenue, i.e. 6.5 M€ to permanently finance. Over 2017-2024, WCR increased by +104%, requiring additional financing.
6 499 901 €
88 j
166 j
0 j
155 j
Based on 206 transactions of similar company sales (all years), the value of CHARLES EXPRESS is estimated at 6 194 183 € (range 2 751 739€ - 11 564 981€). With an EBITDA of 1 743 093€, the sector multiple of 4.2x is applied. The price/revenue ratio is 0.48x (conservative 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.
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This estimate is based on the analysis of 206 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 CHARLES EXPRESS with other companies in the same sector:
Voir toutes les statistiques du secteur Transports urbains et suburbains de voyageurs
The revenue of CHARLES EXPRESS in 2024 is 15.1 M€.
Yes, CHARLES EXPRESS generated a net profit of 477 k€ in 2024.
The headquarters of CHARLES EXPRESS is located in SAINT-PIERRE (97410), in the department La Reunion.
The tax return of CHARLES EXPRESS 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).
CHARLES EXPRESS operates in the sector Transports urbains et suburbains de voyageurs (NAF code 49.31Z). See the 'Sector positioning' section above to compare the company with its competitors.