CALCAIRES ET DIORITE DU PERIGORD : revenue, balance sheet and financial ratios

In 2024, CALCAIRES ET DIORITE DU PERIGORD achieves revenue of 13.2 M€. Revenue is growing positively over 8 years (CAGR: +2.5%). Vs 2023, growth of +21% (10.9 M€ -> 13.2 M€). After deducting consumption (2.4 M€), gross margin stands at 10.8 M€, i.e. a rate of 82%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2.8 M€, representing 21.6% of revenue. Positive scissor effect: EBITDA margin improves by +5.5 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.1 M€, i.e. 8.4% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 29%. 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 35%. The balance between equity and debt is satisfactory. 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 14.6% 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 260.88. 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 0.8x. Danger: operating income does not cover interest charges, unsustainable situation.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 63 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 73 days. Favorable situation: supplier credit is longer than customer credit by 10 days. Inventory turnover is 64 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 116 days of revenue, i.e. 4.2 M€ to permanently finance. Over 2016-2024, WCR increased by +69%, requiring additional financing.

Based on 95 transactions of similar company sales (all years), the value of CALCAIRES ET DIORITE DU PERIGORD is estimated at 2 960 908 € (range 921 255€ - 16 106 103€). With an EBITDA of 2 849 829€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.17x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.