CITYA PONT-DE-CHERUY : revenue, balance sheet and financial ratios

In 2024, CITYA PONT-DE-CHERUY achieves revenue of 812 k€. Revenue is growing positively over 9 years (CAGR: +2.7%). Significant drop of -12% vs 2023. After deducting consumption (0 €), gross margin stands at 812 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 103 k€, representing 12.7% of revenue. Warning negative scissor effect: despite revenue change (-12%), EBITDA varies by -56%, reducing margin by 12.6 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 78 k€, i.e. 9.6% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 14%. 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 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

The liquidity ratio (= Current assets / Current liabilities) stands at 96.78. 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 3.8x. Financial charges are adequately covered by operations.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 9 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 46 days. Excellent situation: suppliers finance 37 days of the operating cycle (retail model). WCR is negative (-177 days): operations structurally generate cash. Over 2016-2024, WCR increased by +53%, requiring additional financing.

Based on 277 transactions of similar company sales (all years), the value of CITYA PONT-DE-CHERUY is estimated at 172 653 € (range 65 093€ - 464 982€). With an EBITDA of 102 885€, the sector multiple of 1.3x is applied. The price/revenue ratio is 0.29x (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.