SIREN : 420624777
GROUPE CANAL+ is a French company founded 27 years ago, specialized in the sector Télécommunications par satellite. Based in ISSY-LES-MOULINEAUX (92130), this company of category GE shows in 2023 a revenue of 2.4 Mds€. 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 387 000 000 € | 1 851 000 000 € | 1 675 000 000 € | 1 665 000 000 € | 1 518 000 000 € | 1 610 000 000 € | 1 691 000 000 € | 1 637 000 000 € |
| Net income | -688 000 000 € | -40 000 000 € | -5 000 000 € | 53 000 000 € | -13 000 000 € | -82 000 000 € | 19 000 000 € | 84 000 000 € |
| EBITDA | 1 365 000 000 € | 1 212 000 000 € | 1 029 000 000 € | 1 071 000 000 € | 902 000 000 € | 1 027 000 000 € | 990 000 000 € | 888 000 000 € |
| Net margin | -28.8% | -2.2% | -0.3% | 3.2% | -0.9% | -5.1% | 1.1% | 5.1% |
In 2023, GROUPE CANAL+ achieves revenue of 2.4 Bn€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +5.5%. Vs 2022, growth of +29% (1.9 Bn€ -> 2.4 Bn€). After deducting consumption (321.0 M€), gross margin stands at 2.1 Bn€, i.e. a rate of 87%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.4 Bn€, representing 57.2% of revenue. Warning negative scissor effect: despite revenue change (+29%), EBITDA varies by +13%, reducing margin by 8.3 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -688.0 M€ (-28.8% of revenue), which will impact equity.
2 387 000 000 €
2 066 000 000 €
1 365 000 000 €
-58 000 000 €
-688 000 000 €
57.2%
The debt ratio (= Financial debt / Equity x 100) stands at 256%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 25%. The balance between equity and debt is satisfactory.
255.729%
24.751%
-3.435%
-51.988
24.5%
In 2023, the debt ratio of GROUPE CANAL+ (255.73) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2023, the financial autonomy of GROUPE CANAL+ (24.8%) 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.
In 2023, the repayment capacity of GROUPE CANAL+ (-51.99) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 63.45. 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 55.7x. Operating income very largely covers interest expenses: high safety margin.
63.453
55.678
In 2023, the liquidity ratio of GROUPE CANAL+ (63.45) 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.
In 2023, the interest coverage of GROUPE CANAL+ (55.7x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 25 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 177 days. Excellent situation: suppliers finance 152 days of the operating cycle (retail model). Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 34 days of revenue, i.e. 224.0 M€ to permanently finance. Notable WCR improvement over the period (-39%), freeing up cash.
223 996 080 €
25 j
177 j
1 j
34 j
Based on 250 transactions of similar company sales (all years), the value of GROUPE CANAL+ is estimated at 743 726 680 € (range 414 388 552€ - 1 984 937 381€). With an EBITDA of 1 365 000 000€, the sector multiple of 0.6x is applied. The price/revenue ratio is 0.21x (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.
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This estimate is based on the analysis of 250 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare GROUPE CANAL+ with other companies in the same sector:
Voir toutes les statistiques du secteur Télécommunications par satellite
The revenue of GROUPE CANAL+ in 2023 is 2.4 Mds€.
GROUPE CANAL+ recorded a net loss in 2023.
The headquarters of GROUPE CANAL+ is located in ISSY-LES-MOULINEAUX (92130), in the department Hauts-de-Seine.
The tax return of GROUPE CANAL+ 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).
GROUPE CANAL+ operates in the sector Télécommunications par satellite (NAF code 61.30Z). See the 'Sector positioning' section above to compare the company with its competitors.