ELECTRICITE GENERALE DU PAYS D'APT : revenue, balance sheet and financial ratios

In 2025, ELECTRICITE GENERALE DU PAYS D'APT achieves revenue of 832 k€. Activity remains stable over the period (CAGR: -2.3%). Vs 2024, growth of +15% (723 k€ -> 832 k€). After deducting consumption (195 k€), gross margin stands at 637 k€, i.e. a rate of 77%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 173 k€, representing 20.8% of revenue. Warning negative scissor effect: despite revenue change (+15%), EBITDA varies by +5%, reducing margin by 2.1 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 130 k€, i.e. 15.6% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 83%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 17.2% 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 557.76. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 34 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 37 days. Favorable situation: supplier credit is longer than customer credit by 3 days. Inventory turnover is 18 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 40 days of revenue, i.e. 93 k€ to permanently finance. Notable WCR improvement over the period (-69%), freeing up cash.

Based on 283 transactions of similar company sales (all years), the value of ELECTRICITE GENERALE DU PAYS D'APT is estimated at 173 156 € (range 73 891€ - 548 615€). With an EBITDA of 173 383€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.18x (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.