ARBUATTI ET COMPAGNIE : revenue, balance sheet and financial ratios

In 2024, ARBUATTI ET COMPAGNIE achieves revenue of 1.1 M€. Revenue is growing positively over 9 years (CAGR: +1.1%). Vs 2023: +6%. After deducting consumption (0 €), gross margin stands at 1.1 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 37 k€, representing 3.5% of revenue. Warning negative scissor effect: despite revenue change (+6%), EBITDA varies by -78%, reducing margin by 13.4 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 707 k€, i.e. 66.0% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 10%. 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 81%. 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 78.4% 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 690.54. 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 67.0x. Operating income very largely covers interest expenses: high safety margin.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 90 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 71 days. The company must finance 19 days of gap between collections and payments. Overall, WCR represents 746 days of revenue, i.e. 2.2 M€ to permanently finance. Over 2016-2024, WCR increased by +55%, requiring additional financing.

Based on 103 transactions of similar company sales in 2024, the value of ARBUATTI ET COMPAGNIE is estimated at 1 559 967 € (range 535 810€ - 4 021 621€). With an EBITDA of 37 180€, the sector multiple of 5.0x is applied. The price/revenue ratio is 0.38x (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.