FINANCIERE IMMOBILIERE MILLION HOLDING : revenue, balance sheet and financial ratios

In 2019, FINANCIERE IMMOBILIERE MILLION HOLDING achieves revenue of 1.0 M€. Over the period 2015-2019, the company shows strong growth with a CAGR (compound annual growth rate) of +8.7%. Vs 2017: +2%. After deducting consumption (0 €), gross margin stands at 1.0 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 516 k€, representing 49.5% of revenue. Warning negative scissor effect: despite revenue change (+2%), EBITDA varies by -11%, reducing margin by 7.2 pts. This reflects costs rising faster than 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 703 k€, i.e. 67.4% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 11%. 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 76%. 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 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 81.6% 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 502.23. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. Excellent situation: suppliers finance 48 days of the operating cycle (retail model). Overall, WCR represents 72 days of revenue, i.e. 209 k€ to permanently finance. Notable WCR improvement over the period (-73%), freeing up cash.

Based on 234 transactions of similar company sales in 2019, the value of FINANCIERE IMMOBILIERE MILLION HOLDING is estimated at 2 524 513 € (range 892 662€ - 4 889 397€). With an EBITDA of 516 419€, the sector multiple of 5.5x 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.