SIREN : 382464709
SAPAGE is a French company founded 34 years ago, specialized in the sector Supermarchés. Based in AIGREFEUILLE-D'AUNIS (17290), this company of category PME shows in 2018 a revenue of 27.8 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 | 2018 | 2016 | 2015 |
|---|---|---|---|
| Revenue | 27 781 335 € | 25 661 433 € | 25 282 188 € |
| Net income | 666 825 € | 826 621 € | 809 368 € |
| EBITDA | 1 018 362 € | 1 413 592 € | 1 310 875 € |
| Net margin | 2.4% | 3.2% | 3.2% |
In 2018, SAPAGE achieves revenue of 27.8 M€. Revenue is growing positively over 3 years (CAGR: +3.2%). Vs 2016: +8%. After deducting consumption (22.9 M€), gross margin stands at 4.9 M€, i.e. a rate of 18%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.0 M€, representing 3.7% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 667 k€, i.e. 2.4% of revenue. This profit can be retained or distributed to shareholders.
27 781 335 €
4 920 051 €
1 018 362 €
819 557 €
666 825 €
3.7%
The debt ratio (= Financial debt / Equity x 100) stands at 22%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 62%. 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 1.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
21.742%
61.574%
3.054%
0.954
47.7%
In 2018, the debt ratio of SAPAGE (21.74) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2018, the financial autonomy of SAPAGE (61.6%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2018, the repayment capacity of SAPAGE (0.95) 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 190.80. 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 0.5x. Danger: operating income does not cover interest charges, unsustainable situation.
190.796
0.547
In 2018, the liquidity ratio of SAPAGE (190.80) 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 2018, the interest coverage of SAPAGE (0.6x) 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: 13 days. Favorable situation: supplier credit is longer than customer credit by 12 days. Inventory turnover is 22 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 35 days of revenue, i.e. 2.7 M€ to permanently finance.
2 735 350 €
1 j
13 j
22 j
35 j
Based on 341 transactions of similar company sales in 2018, the value of SAPAGE is estimated at 6 783 293 € (range 3 669 489€ - 12 568 412€). With an EBITDA of 1 018 362€, the sector multiple of 7.0x is applied. The price/revenue ratio is 0.26x (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 341 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 SAPAGE with other companies in the same sector:
The revenue of SAPAGE in 2018 is 27.8 M€.
Yes, SAPAGE generated a net profit of 667 k€ in 2018.
The headquarters of SAPAGE is located in AIGREFEUILLE-D'AUNIS (17290), in the department Charente-Maritime.
The tax return of SAPAGE 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).
SAPAGE operates in the sector Supermarchés (NAF code 47.11D). See the 'Sector positioning' section above to compare the company with its competitors.