GEG ENERGIES NOUVELLES ET RENOUVELABLES : revenue, balance sheet and financial ratios

In 2024, GEG ENERGIES NOUVELLES ET RENOUVELABLES achieves revenue of 8.3 M€. Revenue is growing positively over 9 years (CAGR: +4.9%). Vs 2023, growth of +44% (5.8 M€ -> 8.3 M€). After deducting consumption (425 €), gross margin stands at 8.3 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 472 k€, representing 5.7% of revenue. Warning negative scissor effect: despite revenue change (+44%), EBITDA varies by -53%, reducing margin by 11.8 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.5 M€, i.e. 18.0% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 24%. 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 76%. 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 6.2 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 17.9% 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 634.64. 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 29.7x. 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: 68 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 105 days. Excellent situation: suppliers finance 37 days of the operating cycle (retail model). Inventory turnover is 192 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 589 days of revenue, i.e. 13.6 M€ to permanently finance. Over 2016-2024, WCR increased by +152%, requiring additional financing.

Based on 85 transactions of similar company sales (all years), the value of GEG ENERGIES NOUVELLES ET RENOUVELABLES is estimated at 3 155 830 € (range 620 700€ - 14 065 706€). With an EBITDA of 471 913€, 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.