C.P.E.S. LES LACS MEDOCAINS DU TOURILLON (CENTRALE DE PRODUCTION D'ENERGIE SOLAIRE) : revenue, balance sheet and financial ratios

In 2025, C.P.E.S. LES LACS MEDOCAINS DU TOURILLON (CENTRALE DE PRODUCTION D'ENERGIE SOLAIRE) achieves revenue of 905 k€. Over the period 2018-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +5.6%. Vs 2024: +3%. After deducting consumption (0 €), gross margin stands at 905 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 631 k€, representing 69.8% of revenue. Warning negative scissor effect: despite revenue change (+3%), EBITDA varies by -5%, reducing margin by 6.5 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 29 k€, i.e. 3.2% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at -16653%. 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 -1%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 12.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 50.2% 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 2341.86. 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 28.7x. 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: 55 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 18 days. The gap of 37 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 64 days of revenue, i.e. 162 k€ to permanently finance.

Based on 85 transactions of similar company sales (all years), the value of C.P.E.S. LES LACS MEDOCAINS DU TOURILLON (CENTRALE DE PRODUCTION D'ENERGIE SOLAIRE) is estimated at 968 067 € (range 124 983€ - 3 879 666€). With an EBITDA of 631 238€, 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.