SIREN : 394100796
LE PIGEONNIER is a French company founded 32 years ago, specialized in the sector Production d'électricité. Based in PONS (17800), this company of category ETI shows in 2024 a revenue of 1.0 M€. 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 1 005 176 € | 1 184 813 € | 1 139 922 € | 909 405 € | 736 529 € |
| Net income | 21 801 € | 143 132 € | 137 740 € | 193 826 € | 157 969 € |
| EBITDA | 276 088 € | 332 323 € | 334 073 € | 374 457 € | 292 607 € |
| Net margin | 2.2% | 12.1% | 12.1% | 21.3% | 21.4% |
In 2024, LE PIGEONNIER achieves revenue of 1.0 M€. Over the period 2020-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.1%. Significant drop of -15% vs 2023. After deducting consumption (145 k€), gross margin stands at 860 k€, i.e. a rate of 86%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 276 k€, representing 27.5% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 22 k€, i.e. 2.2% of revenue. This profit can be retained or distributed to shareholders.
1 005 176 €
860 244 €
276 088 €
91 276 €
21 801 €
26.6%
The debt ratio (= Financial debt / Equity x 100) stands at 375%. 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 20%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 13.7 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 19.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
374.994%
20.079%
19.019%
13.657
59.8%
In 2024, the debt ratio of LE PIGEONNIER (374.99) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of LE PIGEONNIER (20.1%) 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 2024, the repayment capacity of LE PIGEONNIER (13.66) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 1084.49. 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 26.3x. Operating income very largely covers interest expenses: high safety margin.
1084.494
26.293
In 2024, the liquidity ratio of LE PIGEONNIER (1084.49) 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.
In 2024, the interest coverage of LE PIGEONNIER (26.3x) 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: 27 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 24 days. The company must finance 3 days of gap between collections and payments. Inventory turnover is 466 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 479 days of revenue, i.e. 1.3 M€ to permanently finance. Over 2020-2024, WCR increased by +56%, requiring additional financing.
1 338 321 €
27 j
24 j
466 j
479 j
Based on 85 transactions of similar company sales
(all years),
the value of LE PIGEONNIER is estimated at
555 203 €
(range 80 913€ - 2 358 328€).
With an EBITDA of 276 088€, 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.
Ajustez les pondérations selon votre analyse
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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare LE PIGEONNIER with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of LE PIGEONNIER in 2024 is 1.0 M€.
Yes, LE PIGEONNIER generated a net profit of 22 k€ in 2024.
The headquarters of LE PIGEONNIER is located in PONS (17800), in the department Charente-Maritime.
The tax return of LE PIGEONNIER 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).
LE PIGEONNIER operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.