ARCOLE INDUSTRIE TERTIAIRE : revenue, balance sheet and financial ratios

In 2024, ARCOLE INDUSTRIE TERTIAIRE achieves revenue of 15 k€. Revenue is declining over the period 2016-2024 (CAGR: -5.5%). Significant drop of -36% vs 2023. After deducting consumption (0 €), gross margin stands at 15 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 273 €, representing 1.8% of revenue. Warning negative scissor effect: despite revenue change (-36%), EBITDA varies by -97%, reducing margin by 31.7 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 6 k€, i.e. 41.8% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 3%. 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 52%. 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 1.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 41.8% 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 213.66. 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 227.8x. 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: 1071 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 6893 days. Excellent situation: suppliers finance 5822 days of the operating cycle (retail model). Inventory turnover is 8333 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 12182 days of revenue, i.e. 524 k€ to permanently finance.

Based on 113 transactions of similar company sales (all years), the value of ARCOLE INDUSTRIE TERTIAIRE is estimated at 4 215 € (range 1 630€ - 13 033€). With an EBITDA of 273€, the sector multiple of 3.6x is applied. The price/revenue ratio is 0.11x (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.