SIREN : 449306976
COVALSTE is a French company founded 22 years ago, specialized in the sector Supermarchés. Based in SAINT-CHINIAN (34360), this company of category PME shows in 2024 a revenue of 9.0 M€. 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9 012 919 € | 9 298 540 € | 9 265 826 € | 8 435 548 € | 7 665 159 € | 7 866 707 € | 7 711 794 € | 7 245 630 € | 6 614 431 € |
| Net income | 345 874 € | 460 454 € | 246 421 € | 255 470 € | 242 818 € | 221 160 € | 264 629 € | 269 466 € | 272 319 € |
| EBITDA | 499 298 € | 425 984 € | 406 011 € | 394 631 € | 406 999 € | 363 713 € | 383 756 € | 418 649 € | 430 401 € |
| Net margin | 3.8% | 5.0% | 2.7% | 3.0% | 3.2% | 2.8% | 3.4% | 3.7% | 4.1% |
In 2024, COVALSTE achieves revenue of 9.0 M€. Revenue is growing positively over 9 years (CAGR: +3.9%). Slight decline of -3% vs 2023. After deducting consumption (7.3 M€), gross margin stands at 1.8 M€, i.e. a rate of 19%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 499 k€, representing 5.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 346 k€, i.e. 3.8% of revenue. This profit can be retained or distributed to shareholders.
9 012 919 €
1 757 450 €
499 298 €
452 436 €
345 874 €
5.5%
The debt ratio (= Financial debt / Equity x 100) stands at 44%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 57%. 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 1.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
44.466%
56.8%
4.357%
1.909
33.7%
In 2024, the debt ratio of COVALSTE (44.47) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of COVALSTE (56.8%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2024, the repayment capacity of COVALSTE (1.91) 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 305.54. 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 5.9x. Operating income very largely covers interest expenses: high safety margin.
305.535
5.877
In 2024, the liquidity ratio of COVALSTE (305.54) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2024, the interest coverage of COVALSTE (5.9x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 1 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 13 days. Favorable situation: supplier credit is longer than customer credit by 12 days. Inventory turnover is 21 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 22 days of revenue, i.e. 546 k€ to permanently finance. Over 2016-2024, WCR increased by +25%, requiring additional financing.
546 273 €
1 j
13 j
21 j
22 j
Based on 551 transactions of similar company sales in 2024, the value of COVALSTE is estimated at 2 204 981 € (range 931 155€ - 4 565 886€). With an EBITDA of 499 298€, the sector multiple of 4.7x is applied. 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.
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This estimate is based on the analysis of 551 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 COVALSTE with other companies in the same sector:
The revenue of COVALSTE in 2024 is 9.0 M€.
Yes, COVALSTE generated a net profit of 346 k€ in 2024.
The headquarters of COVALSTE is located in SAINT-CHINIAN (34360), in the department Herault.
The tax return of COVALSTE 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).
COVALSTE operates in the sector Supermarchés (NAF code 47.11D). See the 'Sector positioning' section above to compare the company with its competitors.