CAMPAGNOLO FRANCE : revenue, balance sheet and financial ratios

In 2025, CAMPAGNOLO FRANCE achieves revenue of 6.1 M€. Revenue is growing positively over 9 years (CAGR: +0.3%). Significant drop of -16% vs 2024. After deducting consumption (4.6 M€), gross margin stands at 1.5 M€, i.e. a rate of 24%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 158 k€, representing 2.6% of revenue. Warning negative scissor effect: despite revenue change (-16%), EBITDA varies by -56%, reducing margin by 2.4 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 120 k€, i.e. 2.0% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 65%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 0.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 264.11. 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 16.6x. 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: 30 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. Favorable situation: supplier credit is longer than customer credit by 19 days. Inventory turnover is 67 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 90 days of revenue, i.e. 1.5 M€ to permanently finance. Over 2017-2025, WCR increased by +45%, requiring additional financing.

Based on 145 transactions of similar company sales (all years), the value of CAMPAGNOLO FRANCE is estimated at 633 991 € (range 287 069€ - 1 609 264€). With an EBITDA of 157 657€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.19x (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.