NOUVEAUX GARAGES MONTPELLIERAINS : revenue, balance sheet and financial ratios

NOUVEAUX GARAGES MONTPELLIERAINS is a French company founded 4 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in MONTPELLIER (34070), this company of category ETI shows in 2023 a revenue of 147.3 M€. 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

Financial history - NOUVEAUX GARAGES MONTPELLIERAINS (SIREN 907602536)
Indicator 2023 2022 2021
Revenue 147 296 790 € 113 746 762 € 5 802 221 €
Net income 693 567 € 898 864 € -584 910 €
EBITDA 1 518 444 € 1 550 489 € -459 175 €
Net margin 0.5% 0.8% -10.1%

Revenue and income statement

In 2023, NOUVEAUX GARAGES MONTPELLIERAINS achieves revenue of 147.3 M€. Over the period 2021-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +403.8%. Vs 2022, growth of +29% (113.7 M€ -> 147.3 M€). After deducting consumption (125.0 M€), gross margin stands at 22.3 M€, i.e. a rate of 15%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.5 M€, representing 1.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 694 k€, i.e. 0.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

147 296 790 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

22 254 681 €

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

1 518 444 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

1 977 477 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

693 567 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.0%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 93%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 6%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 15.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

92.64%

Financial autonomy (2023) ?
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

6.098%

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

0.142%

Repayment capacity (2023) ?
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

15.547

Asset age ratio (2023) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

68.2%

Solvency indicators evolution
NOUVEAUX GARAGES MONTPELLIERAINS

Sector positioning

Debt ratio
92.64 2023
2021
2022
2023
Q1: 5.31
Med: 46.55
Q3: 142.32
Average -13 pts over 3 years

In 2023, the debt ratio of NOUVEAUX GARAGES MONTPELL... (92.64) 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
6.1% 2023
2021
2022
2023
Q1: 10.96%
Med: 26.91%
Q3: 51.24%
Average

In 2023, the financial autonomy of NOUVEAUX GARAGES MONTPELL... (6.1%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
15.55 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.51 years
Q3: 4.09 years
Average +50 pts over 3 years

In 2023, the repayment capacity of NOUVEAUX GARAGES MONTPELL... (15.55) 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 108.68. 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 56.2x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

108.68

Interest coverage (2023) ?
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

56.192

Liquidity indicators evolution
NOUVEAUX GARAGES MONTPELLIERAINS

Sector positioning

Liquidity ratio
108.68 2023
2021
2022
2023
Q1: 135.04
Med: 203.84
Q3: 381.78
Average

In 2023, the liquidity ratio of NOUVEAUX GARAGES MONTPELL... (108.68) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
56.19x 2023
2021
2022
2023
Q1: 0.0x
Med: 2.09x
Q3: 18.9x
Excellent +50 pts over 3 years

In 2023, the interest coverage of NOUVEAUX GARAGES MONTPELL... (56.2x) 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: 22 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 91 days. Excellent situation: suppliers finance 69 days of the operating cycle (retail model). Inventory turnover is 90 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 90 days of revenue, i.e. 36.9 M€ to permanently finance. Over 2021-2023, WCR increased by +70%, requiring additional financing.

Operating WCR (2023) ?
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

36 914 049 €

Customer credit (2023) ?
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

22 j

Supplier credit (2023) ?
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

91 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

90 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

90 j

WCR and payment terms evolution
NOUVEAUX GARAGES MONTPELLIERAINS

Positioning of NOUVEAUX GARAGES MONTPELLIERAINS in its sector

Comparison with sector Commerce de voitures et de véhicules automobiles légers

Valuation estimate

Based on 149 transactions of similar company sales in 2023, the value of NOUVEAUX GARAGES MONTPELLIERAINS is estimated at 6 891 795 € (range 3 451 533€ - 16 904 229€). With an EBITDA of 1 518 444€, the sector multiple of 1.3x is applied. The price/revenue ratio is 0.13x (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.

Estimated enterprise value 2023
149 transactions
3451k€ 6891k€ 16904k€
6 891 795 € Range: 3 451 533€ - 16 904 229€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 518 444 € × 1.3x
Estimation 2 016 677 €
504 867€ - 5 154 405€
Revenue Multiple 30%
147 296 790 € × 0.13x
Estimation 18 657 119 €
10 425 255€ - 46 057 019€
Net Income Multiple 20%
693 567 € × 2.1x
Estimation 1 431 607 €
357 616€ - 2 549 606€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 149 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 (Commerce de voitures et de véhicules automobiles légers)

Compare NOUVEAUX GARAGES MONTPELLIERAINS with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers

Frequently asked questions about NOUVEAUX GARAGES MONTPELLIERAINS

What is the revenue of NOUVEAUX GARAGES MONTPELLIERAINS ?

The revenue of NOUVEAUX GARAGES MONTPELLIERAINS in 2023 is 147.3 M€.

Is NOUVEAUX GARAGES MONTPELLIERAINS profitable?

Yes, NOUVEAUX GARAGES MONTPELLIERAINS generated a net profit of 694 k€ in 2023.

Where is the headquarters of NOUVEAUX GARAGES MONTPELLIERAINS ?

The headquarters of NOUVEAUX GARAGES MONTPELLIERAINS is located in MONTPELLIER (34070), in the department Herault.

Where to find the tax return of NOUVEAUX GARAGES MONTPELLIERAINS ?

The tax return of NOUVEAUX GARAGES MONTPELLIERAINS 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 NOUVEAUX GARAGES MONTPELLIERAINS operate?

NOUVEAUX GARAGES MONTPELLIERAINS operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.