SIREN : 848743621
COMBIRAIL is a French company founded 7 years ago, specialized in the sector Transports ferroviaires de fret . Based in SAINT-JEAN-DE-VEDAS (34430), this company of category ETI shows in 2024 a revenue of 14.5 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 |
|---|---|---|---|---|---|---|
| Revenue | 14 489 702 € | 13 355 356 € | 12 983 469 € | 7 539 097 € | 4 196 378 € | 2 658 441 € |
| Net income | 16 742 € | -1 529 052 € | -6 878 € | 13 187 € | -147 092 € | -1 041 299 € |
| EBITDA | -429 223 € | -2 320 953 € | 74 289 € | 43 337 € | -147 201 € | -954 238 € |
| Net margin | 0.1% | -11.4% | -0.1% | 0.2% | -3.5% | -39.2% |
In 2024, COMBIRAIL achieves revenue of 14.5 M€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +40.4%. Vs 2023: +8%. After deducting consumption (995 k€), gross margin stands at 13.5 M€, i.e. a rate of 93%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -429 k€, representing -3.0% of revenue. Positive scissor effect: EBITDA margin improves by +14.4 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 17 k€, i.e. 0.1% of revenue. This profit can be retained or distributed to shareholders.
14 489 702 €
13 495 175 €
-429 223 €
15 778 €
16 742 €
-3.0%
The debt ratio (= Financial debt / Equity x 100) stands at -235%. 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 -11%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
-235.348%
-10.842%
-3.338%
-3.377
62.3%
In 2024, the debt ratio of COMBIRAIL (-235.35) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2024, the financial autonomy of COMBIRAIL (-10.8%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2024, the repayment capacity of COMBIRAIL (-3.38) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 97.67. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
97.668
-8.338
In 2024, the liquidity ratio of COMBIRAIL (97.67) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2024, the interest coverage of COMBIRAIL (-8.3x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 80 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 103 days. Favorable situation: supplier credit is longer than customer credit by 23 days. Overall, WCR represents 87 days of revenue, i.e. 3.5 M€ to permanently finance. Over 2019-2024, WCR increased by +282%, requiring additional financing.
3 515 057 €
80 j
103 j
0 j
87 j
Based on 98 transactions of similar company sales
in 2024,
the value of COMBIRAIL is estimated at
1 992 588 €
(range 902 818€ - 3 585 630€).
The price/revenue ratio is 0.23x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 98 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 COMBIRAIL with other companies in the same sector:
Voir toutes les statistiques du secteur Transports ferroviaires de fret
The revenue of COMBIRAIL in 2024 is 14.5 M€.
Yes, COMBIRAIL generated a net profit of 17 k€ in 2024.
The headquarters of COMBIRAIL is located in SAINT-JEAN-DE-VEDAS (34430), in the department Herault.
The tax return of COMBIRAIL 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).
COMBIRAIL operates in the sector Transports ferroviaires de fret (NAF code 49.20Z). See the 'Sector positioning' section above to compare the company with its competitors.