FNAC DARTY PARTICIPATIONS ET SERVICES : revenue, balance sheet and financial ratios

FNAC DARTY PARTICIPATIONS ET SERVICES is a French company founded 55 years ago, specialized in the sector Centrales d'achat non alimentaires. Based in IVRY-SUR-SEINE (94200), this company of category GE shows in 2024 a revenue of 4.4 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

Financial history - FNAC DARTY PARTICIPATIONS ET SERVICES (SIREN 775661390)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 4 447 961 410 € 4 478 940 636 € 4 484 098 857 € 4 672 492 285 € 4 129 454 647 € 3 832 295 153 € 2 922 116 587 € 2 397 802 428 € 2 374 296 981 €
Net income 35 194 956 € -10 823 789 € 15 459 500 € 58 881 459 € -39 501 960 € 134 315 199 € -17 780 859 € 18 586 508 € 20 927 141 €
EBITDA 69 208 773 € 66 621 265 € 46 907 411 € 31 568 611 € 26 727 146 € 14 568 095 € 28 832 267 € -46 437 763 € 37 270 821 €
Net margin 0.8% -0.2% 0.3% 1.3% -1.0% 3.5% -0.6% 0.8% 0.9%

Revenue and income statement

In 2024, FNAC DARTY PARTICIPATIONS ET SERVICES achieves revenue of 4.4 Bn€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.2%. Slight decline of -1% vs 2023. After deducting consumption (3.9 Bn€), gross margin stands at 524.8 M€, i.e. a rate of 12%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 69.2 M€, representing 1.6% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 35.2 M€, i.e. 0.8% of revenue. This profit can be retained or distributed to shareholders.

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

4 447 961 410 €

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

524 812 762 €

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

69 208 773 €

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

55 441 887 €

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

35 194 956 €

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

1.6%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 43%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 19%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.4 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 1.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

42.617%

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

19.473%

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

1.436%

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

5.399

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

29.1%

Solvency indicators evolution
FNAC DARTY PARTICIPATIONS ET SERVICES

Sector positioning

Debt ratio
42.62 2024
2022
2023
2024
Q1: 0.09
Med: 12.77
Q3: 91.48
Average -7 pts over 3 years

In 2024, the debt ratio of FNAC DARTY PARTICIPATIONS... (42.62) 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
19.47% 2024
2022
2023
2024
Q1: 14.45%
Med: 32.5%
Q3: 56.23%
Average

In 2024, the financial autonomy of FNAC DARTY PARTICIPATIONS... (19.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
5.4 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.18 years
Q3: 3.44 years
Watch

In 2024, the repayment capacity of FNAC DARTY PARTICIPATIONS... (5.40) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 69.53. 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 146.4x. 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

69.532

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

146.444

Liquidity indicators evolution
FNAC DARTY PARTICIPATIONS ET SERVICES

Sector positioning

Liquidity ratio
69.53 2024
2022
2023
2024
Q1: 121.61
Med: 177.19
Q3: 308.74
Watch

In 2024, the liquidity ratio of FNAC DARTY PARTICIPATIONS... (69.53) 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.

Interest coverage
146.44x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.78x
Q3: 21.01x
Excellent

In 2024, the interest coverage of FNAC DARTY PARTICIPATIONS... (146.4x) 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: 28 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 135 days. Excellent situation: suppliers finance 107 days of the operating cycle (retail model). WCR is negative (-16 days): operations structurally generate cash. Notable WCR improvement over the period (-252%), freeing up cash.

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

-196 911 252 €

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

28 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

135 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

0 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

-16 j

WCR and payment terms evolution
FNAC DARTY PARTICIPATIONS ET SERVICES

Positioning of FNAC DARTY PARTICIPATIONS ET SERVICES in its sector

Comparison with sector Centrales d'achat non alimentaires

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of FNAC DARTY PARTICIPATIONS ET SERVICES is estimated at 474 816 261 € (range 263 410 205€ - 1 224 894 232€). With an EBITDA of 69 208 773€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.32x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
85 tx
263410k€ 474816k€ 1224894k€
474 816 261 € Range: 263 410 205€ - 1 224 894 232€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
69 208 773 € × 1.0x
Estimation 68 119 083 €
37 395 100€ - 301 902 705€
Revenue Multiple 30%
4 447 961 410 € × 0.32x
Estimation 1 436 972 585 €
800 347 264€ - 3 414 629 805€
Net Income Multiple 20%
35 194 956 € × 1.4x
Estimation 48 324 721 €
23 042 384€ - 247 769 692€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 85 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 (Centrales d'achat non alimentaires)

Compare FNAC DARTY PARTICIPATIONS ET SERVICES with other companies in the same sector:

Voir toutes les statistiques du secteur Centrales d'achat non alimentaires

Frequently asked questions about FNAC DARTY PARTICIPATIONS ET SERVICES

What is the revenue of FNAC DARTY PARTICIPATIONS ET SERVICES ?

The revenue of FNAC DARTY PARTICIPATIONS ET SERVICES in 2024 is 4.4 Mds€.

Is FNAC DARTY PARTICIPATIONS ET SERVICES profitable?

Yes, FNAC DARTY PARTICIPATIONS ET SERVICES generated a net profit of 35.2 M€ in 2024.

Where is the headquarters of FNAC DARTY PARTICIPATIONS ET SERVICES ?

The headquarters of FNAC DARTY PARTICIPATIONS ET SERVICES is located in IVRY-SUR-SEINE (94200), in the department Val-de-Marne.

Where to find the tax return of FNAC DARTY PARTICIPATIONS ET SERVICES ?

The tax return of FNAC DARTY PARTICIPATIONS ET SERVICES 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 FNAC DARTY PARTICIPATIONS ET SERVICES operate?

FNAC DARTY PARTICIPATIONS ET SERVICES operates in the sector Centrales d'achat non alimentaires (NAF code 46.19A). See the 'Sector positioning' section above to compare the company with its competitors.