SIREN : 786920306
CORA is a French company founded 45 years ago, specialized in the sector Hypermarchés. Based in MASSY (91300), this company of category GE shows in 2023 a revenue of 7.8 Mds€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7 807 148 532 € | 4 017 231 981 € | 3 821 801 109 € | 3 854 072 278 € | 4 086 526 316 € | 4 618 437 107 € | 4 688 059 195 € | 4 700 261 289 € |
| Net income | -861 631 834 € | 50 322 957 € | 45 052 743 € | 7 696 601 € | 46 781 957 € | 59 593 204 € | 77 212 527 € | 418 466 471 € |
| EBITDA | 161 019 972 € | 77 348 474 € | 64 708 212 € | 69 380 757 € | 100 978 267 € | 142 004 826 € | 176 208 767 € | 187 150 489 € |
| Net margin | -11.0% | 1.3% | 1.2% | 0.2% | 1.1% | 1.3% | 1.6% | 8.9% |
In 2023, CORA achieves revenue of 7.8 Bn€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +7.5%. Vs 2022, growth of +94% (4.0 Bn€ -> 7.8 Bn€). After deducting consumption (5.7 Bn€), gross margin stands at 2.1 Bn€, i.e. a rate of 27%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 161.0 M€, representing 2.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -861.6 M€ (-11.0% of revenue), which will impact equity.
7 807 148 532 €
2 137 853 376 €
161 019 972 €
66 668 692 €
-861 631 834 €
2.1%
The debt ratio (= Financial debt / Equity x 100) stands at 177%. 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 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 4.6 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
176.61%
15.292%
1.981%
4.597
24.8%
In 2023, the debt ratio of CORA (176.61) 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 2023, the financial autonomy of CORA (15.3%) 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 2023, the repayment capacity of CORA (4.60) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 90.03. 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 39.0x. Operating income very largely covers interest expenses: high safety margin.
90.032
39.024
In 2023, the liquidity ratio of CORA (90.03) 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 2023, the interest coverage of CORA (39.0x) 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: 7 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 64 days. Excellent situation: suppliers finance 57 days of the operating cycle (retail model). Inventory turnover is 30 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 27 days of revenue, i.e. 590.8 M€ to permanently finance.
590 766 929 €
7 j
64 j
30 j
27 j
Based on 357 transactions of similar company sales in 2023, the value of CORA is estimated at 1 530 160 857 € (range 936 737 700€ - 2 708 495 026€). With an EBITDA of 161 019 972€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.33x (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 357 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 CORA with other companies in the same sector:
The revenue of CORA in 2023 is 7.8 Mds€.
CORA recorded a net loss in 2023.
The headquarters of CORA is located in MASSY (91300), in the department Essonne.
The tax return of CORA 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).
CORA operates in the sector Hypermarchés (NAF code 47.11F). See the 'Sector positioning' section above to compare the company with its competitors.