COMPAGNIE FRANCAISE D ELECTRICITE : revenue, balance sheet and financial ratios

In 2025, COMPAGNIE FRANCAISE D ELECTRICITE achieves revenue of 850 k€. Over the period 2018-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +21.5%. Slight decline of 0% vs 2024. After deducting consumption (0 €), gross margin stands at 850 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 70 k€, representing 8.3% of revenue. Warning negative scissor effect: despite revenue change (+0%), EBITDA varies by -26%, reducing margin by 3.0 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3.2 M€, i.e. 372.9% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 1582%. 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 4%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 372.9% 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 275.88. 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 163.2x. 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: 360 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 341 days. The company must finance 19 days of gap between collections and payments. Overall, WCR represents 1097 days of revenue, i.e. 2.6 M€ to permanently finance. Over 2018-2025, WCR increased by +347%, requiring additional financing.

Based on 85 transactions of similar company sales (all years), the value of COMPAGNIE FRANCAISE D ELECTRICITE is estimated at 2 087 191 € (range 507 639€ - 7 949 423€). With an EBITDA of 70 403€, 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.