ETABLISSEMENTS MICHEL DUPUY : revenue, balance sheet and financial ratios

ETABLISSEMENTS MICHEL DUPUY is a French company founded 61 years ago, specialized in the sector Préparation industrielle de produits à base de viande. Based in SAULT-DE-NAVAILLES (64300), this company of category PME shows in 2024 a revenue of 23.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - ETABLISSEMENTS MICHEL DUPUY (SIREN 309966935)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 23 839 596 € 21 219 078 € 20 498 322 € 20 152 295 € 18 983 529 € 16 411 429 € 15 901 710 € 15 085 228 € 14 236 555 €
Net income -395 035 € 455 027 € 1 297 931 € 1 287 129 € 1 235 381 € 712 780 € 164 057 € 249 356 € 571 508 €
EBITDA 209 557 € 1 128 096 € 2 300 223 € 2 439 818 € 2 276 201 € 1 306 600 € 1 009 241 € 731 331 € 1 296 077 €
Net margin -1.7% 2.1% 6.3% 6.4% 6.5% 4.3% 1.0% 1.7% 4.0%

Revenue and income statement

In 2024, ETABLISSEMENTS MICHEL DUPUY achieves revenue of 23.8 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.7%. Vs 2023, growth of +12% (21.2 M€ -> 23.8 M€). After deducting consumption (16.5 M€), gross margin stands at 7.4 M€, i.e. a rate of 31%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 210 k€, representing 0.9% of revenue. Warning negative scissor effect: despite revenue change (+12%), EBITDA varies by -81%, reducing margin by 4.4 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -395 k€ (-1.7% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

23 839 596 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

7 358 887 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

209 557 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-280 699 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-395 035 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.9%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 36%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 62%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

36.458%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

61.9%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

-0.056%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

-256.821

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

31.1%

Solvency indicators evolution
ETABLISSEMENTS MICHEL DUPUY

Sector positioning

Debt ratio
36.46 2024
2022
2023
2024
Q1: 6.45
Med: 32.78
Q3: 90.97
Average

In 2024, the debt ratio of ETABLISSEMENTS MICHEL DUPUY (36.46) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
61.9% 2024
2022
2023
2024
Q1: 22.29%
Med: 47.18%
Q3: 63.72%
Good

In 2024, the financial autonomy of ETABLISSEMENTS MICHEL DUPUY (61.9%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
-256.82 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.93 years
Q3: 4.06 years
Excellent -38 pts over 3 years

In 2024, the repayment capacity of ETABLISSEMENTS MICHEL DUPUY (-256.82) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 391.06. 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 54.4x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

391.058

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

54.367

Liquidity indicators evolution
ETABLISSEMENTS MICHEL DUPUY

Sector positioning

Liquidity ratio
391.06 2024
2022
2023
2024
Q1: 131.3
Med: 205.86
Q3: 315.92
Excellent

In 2024, the liquidity ratio of ETABLISSEMENTS MICHEL DUPUY (391.06) 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.

Interest coverage
54.37x 2024
2022
2023
2024
Q1: 0.0x
Med: 3.12x
Q3: 13.56x
Excellent +21 pts over 3 years

In 2024, the interest coverage of ETABLISSEMENTS MICHEL DUPUY (54.4x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 30 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 39 days. Favorable situation: supplier credit is longer than customer credit by 9 days. Inventory turnover is 169 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 203 days of revenue, i.e. 13.4 M€ to permanently finance. Over 2016-2024, WCR increased by +69%, requiring additional financing.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

13 413 825 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

30 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

39 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

169 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

203 j

WCR and payment terms evolution
ETABLISSEMENTS MICHEL DUPUY

Positioning of ETABLISSEMENTS MICHEL DUPUY in its sector

Comparison with sector Préparation industrielle de produits à base de viande

Valuation estimate

Based on 108 transactions of similar company sales (all years), the value of ETABLISSEMENTS MICHEL DUPUY is estimated at 2 773 377 € (range 1 498 829€ - 4 953 929€). With an EBITDA of 209 557€, the sector multiple of 3.6x is applied. The price/revenue ratio is 0.26x (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.

Estimated enterprise value 2024
108 transactions
1498k€ 2773k€ 4953k€
2 773 377 € Range: 1 498 829€ - 4 953 929€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
209 557 € × 3.6x
Estimation 763 202 €
464 083€ - 1 681 952€
Revenue Multiple 30%
23 839 596 € × 0.26x
Estimation 6 123 669 €
3 223 407€ - 10 407 226€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 108 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Préparation industrielle de produits à base de viande)

Compare ETABLISSEMENTS MICHEL DUPUY with other companies in the same sector:

Voir toutes les statistiques du secteur Préparation industrielle de produits à base de viande

Frequently asked questions about ETABLISSEMENTS MICHEL DUPUY

What is the revenue of ETABLISSEMENTS MICHEL DUPUY ?

The revenue of ETABLISSEMENTS MICHEL DUPUY in 2024 is 23.8 M€.

Is ETABLISSEMENTS MICHEL DUPUY profitable?

ETABLISSEMENTS MICHEL DUPUY recorded a net loss in 2024.

Where is the headquarters of ETABLISSEMENTS MICHEL DUPUY ?

The headquarters of ETABLISSEMENTS MICHEL DUPUY is located in SAULT-DE-NAVAILLES (64300), in the department Pyrenees-Atlantiques.

Where to find the tax return of ETABLISSEMENTS MICHEL DUPUY ?

The tax return of ETABLISSEMENTS MICHEL DUPUY 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).

In which sector does ETABLISSEMENTS MICHEL DUPUY operate?

ETABLISSEMENTS MICHEL DUPUY operates in the sector Préparation industrielle de produits à base de viande (NAF code 10.13A). See the 'Sector positioning' section above to compare the company with its competitors.