SIREN : 381614015
MIDEL is a French company founded 35 years ago, specialized in the sector Supermarchés. Based in MAGALAS (34480), this company of category PME shows in 2024 a revenue of 22.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 22 747 287 € | 22 175 419 € | 20 199 047 € | 19 211 668 € | 17 908 227 € | 17 590 992 € | 16 692 334 € | 13 571 407 € |
| Net income | 555 532 € | 525 613 € | 414 615 € | 670 507 € | 618 009 € | 304 557 € | 277 140 € | 153 438 € |
| EBITDA | 786 723 € | 811 635 € | 723 667 € | 970 241 € | 1 012 849 € | 545 748 € | 420 819 € | 277 927 € |
| Net margin | 2.4% | 2.4% | 2.1% | 3.5% | 3.5% | 1.7% | 1.7% | 1.1% |
In 2024, MIDEL achieves revenue of 22.7 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.7%. Vs 2023: +3%. After deducting consumption (18.9 M€), gross margin stands at 3.8 M€, i.e. a rate of 17%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 787 k€, representing 3.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 556 k€, i.e. 2.4% of revenue. This profit can be retained or distributed to shareholders.
22 747 287 €
3 799 125 €
786 723 €
571 125 €
555 532 €
3.5%
The debt ratio (= Financial debt / Equity x 100) stands at 67%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 44%. 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 1.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
66.934%
43.766%
3.358%
1.534
37.7%
In 2024, the debt ratio of MIDEL (66.93) 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 MIDEL (43.8%) 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 2024, the repayment capacity of MIDEL (1.53) 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 221.12. 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 1.1x. Coverage is limited: any activity downturn would jeopardize interest payments.
221.117
1.072
In 2024, the liquidity ratio of MIDEL (221.12) 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 MIDEL (1.1x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 1 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 14 days. Favorable situation: supplier credit is longer than customer credit by 13 days. Inventory turnover is 12 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 12 days of revenue, i.e. 770 k€ to permanently finance. Over 2016-2024, WCR increased by +26%, requiring additional financing.
770 223 €
1 j
14 j
12 j
12 j
Based on 551 transactions of similar company sales in 2024, the value of MIDEL is estimated at 4 076 053 € (range 1 793 225€ - 8 304 618€). With an EBITDA of 786 723€, the sector multiple of 4.7x is applied. The price/revenue ratio is 0.23x (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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 551 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 MIDEL with other companies in the same sector:
The revenue of MIDEL in 2024 is 22.7 M€.
Yes, MIDEL generated a net profit of 556 k€ in 2024.
The headquarters of MIDEL is located in MAGALAS (34480), in the department Herault.
The tax return of MIDEL 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).
MIDEL operates in the sector Supermarchés (NAF code 47.11D). See the 'Sector positioning' section above to compare the company with its competitors.