Employees: 51 (2023.0)Legal category: SAS (autres)Size: GECreation date: 1970-01-01 (56 years)Status: ActiveBusiness sector: Transformation et conservation de la viande de boucherieLocation: QUIMPERLE (29300), Finistere
GROUPE BIGARD : revenue, balance sheet and financial ratios
GROUPE BIGARD is a French company
founded 56 years ago,
specialized in the sector Transformation et conservation de la viande de boucherie.
Based in QUIMPERLE (29300),
this company of category GE
shows in 2023 a revenue of 2.0 Mds€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - GROUPE BIGARD (SIREN 776221467)
Indicator
2023
2022
2021
2020
2019
2017
2016
2015
2014
Revenue
1 985 183 161 €
1 937 564 739 €
1 706 671 517 €
1 609 026 079 €
1 556 672 696 €
1 505 800 648 €
1 463 875 885 €
1 469 431 412 €
1 467 902 457 €
Net income
56 859 941 €
67 955 061 €
59 264 558 €
45 614 377 €
33 692 868 €
51 925 078 €
41 736 542 €
39 403 703 €
30 717 480 €
EBITDA
49 030 586 €
57 562 838 €
57 275 760 €
54 790 328 €
41 066 122 €
51 771 506 €
55 790 658 €
43 579 849 €
51 493 870 €
Net margin
2.9%
3.5%
3.5%
2.8%
2.2%
3.4%
2.9%
2.7%
2.1%
Revenue and income statement
In 2023, GROUPE BIGARD achieves revenue of 2.0 Bn€. Revenue is growing positively over 9 years (CAGR: +3.4%). Vs 2022: +2%. After deducting consumption (1.5 Bn€), gross margin stands at 484.4 M€, i.e. a rate of 24%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 49.0 M€, representing 2.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 56.9 M€, i.e. 2.9% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2023)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
1 985 183 161 €
Gross margin (2023)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
484 445 903 €
EBITDA (2023)
?
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
49 030 586 €
EBIT (2023)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
28 634 358 €
Net income (2023)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
56 859 941 €
EBITDA margin (2023)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
2.5%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 48%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 54%. 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 3.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 3.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
Debt ratio (2023)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
47.713%
Financial autonomy (2023)
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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
53.622%
Cash flow / Revenue (2023)
?
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
3.804%
Repayment capacity (2023)
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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
3.292
Asset age ratio (2023)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2014
2015
2016
2017
2019
2020
2021
2022
2023
Debt ratio
23.441
20.013
26.055
18.921
20.23
18.05
39.86
50.511
47.713
Financial autonomy
55.665
60.41
57.841
61.916
62.305
63.245
55.38
51.453
53.622
Repayment capacity
1.422
0.876
1.35
1.135
1.595
1.264
2.543
2.962
3.292
Cash flow / Revenue
3.26%
4.279%
4.77%
4.372%
3.506%
4.036%
4.431%
4.476%
3.804%
Sector positioning
Debt ratio
47.712023
2021
2022
2023
Q1: 0.76
Med: 34.57
Q3: 112.17
Average
In 2023, the debt ratio of GROUPE BIGARD (47.71) 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
53.62%2023
2021
2022
2023
Q1: 13.61%
Med: 34.8%
Q3: 54.26%
Good
In 2023, the financial autonomy of GROUPE BIGARD (53.6%) 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
3.29 years2023
2021
2022
2023
Q1: -0.04 years
Med: 0.37 years
Q3: 3.02 years
Average+10 pts over 3 years
In 2023, the repayment capacity of GROUPE BIGARD (3.29) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 282.92. 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 18.9x. Operating income very largely covers interest expenses: high safety margin.
Liquidity ratio (2023)
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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
282.917
Interest coverage (2023)
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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
18.936
Liquidity indicators evolution GROUPE BIGARD
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2014
2015
2016
2017
2019
2020
2021
2022
2023
Liquidity ratio
145.467
160.493
205.082
200.646
217.993
213.543
279.584
270.82
282.917
Interest coverage
2.998
3.158
2.321
1.985
1.813
4.076
2.587
6.514
18.936
Sector positioning
Liquidity ratio
282.922023
2021
2022
2023
Q1: 101.85
Med: 152.39
Q3: 232.15
Excellent
In 2023, the liquidity ratio of GROUPE BIGARD (282.92) 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
18.94x2023
2021
2022
2023
Q1: 0.0x
Med: 0.77x
Q3: 6.69x
Excellent+11 pts over 3 years
In 2023, the interest coverage of GROUPE BIGARD (18.9x) 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: 24 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 20 days. The company must finance 4 days of gap between collections and payments. Inventory turnover is 22 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 59 days of revenue, i.e. 325.6 M€ to permanently finance. Over 2014-2023, WCR increased by +185%, requiring additional financing.
Operating WCR (2023)
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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
325 570 038 €
Customer credit (2023)
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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
24 j
Supplier credit (2023)
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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
20 j
Inventory turnover (2023)
?
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
22 j
WCR in days of revenue (2023)
?
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
59 j
WCR and payment terms evolution GROUPE BIGARD
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2014
2015
2016
2017
2019
2020
2021
2022
2023
Operating WCR
114 188 132 €
119 126 805 €
131 675 636 €
153 561 550 €
163 497 333 €
180 436 184 €
229 103 584 €
312 645 446 €
325 570 038 €
Inventory turnover (days)
16
17
17
18
18
19
17
21
22
Customer payment term (days)
26
22
24
24
26
25
26
28
24
Supplier payment term (days)
21
18
20
20
22
21
22
24
20
Positioning of GROUPE BIGARD in its sector
Comparison with sector Transformation et conservation de la viande de boucherie
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (45 transactions).
This range of 67 922 993€ to 437 577 337€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2023
Indicative
67922k€195174k€437577k€
195 174 505 €Range: 67 922 993€ - 437 577 337€
NAF 5 all-time
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 45 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 (Transformation et conservation de la viande de boucherie)
Compare GROUPE BIGARD with other companies in the same sector:
Yes, GROUPE BIGARD generated a net profit of 56.9 M€ in 2023.
Where is the headquarters of GROUPE BIGARD ?
The headquarters of GROUPE BIGARD is located in QUIMPERLE (29300), in the department Finistere.
Where to find the tax return of GROUPE BIGARD ?
The tax return of GROUPE BIGARD 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 GROUPE BIGARD operate?
GROUPE BIGARD operates in the sector Transformation et conservation de la viande de boucherie (NAF code 10.11Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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