CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL : revenue, balance sheet and financial ratios

CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL is a French company founded 56 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in PLOERMEL (56800), this company of category ETI shows in 2024 a revenue of 8.2 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL (SIREN 877080150)
Indicator 2024 2023 2023 2019 2018 2017 2016
Revenue 8 192 694 € 2 163 594 € N/C N/C N/C N/C N/C
Net income 260 615 € 71 638 € 171 213 € 116 994 € 81 737 € 82 305 € 79 844 €
EBITDA 282 991 € 94 317 € N/C N/C N/C N/C N/C
Net margin 3.2% 3.3% N/C N/C N/C N/C N/C

Revenue and income statement

In 2024, CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL achieves revenue of 8.2 M€. Over the period 2023-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +278.7%. Vs 2023, growth of +279% (2.2 M€ -> 8.2 M€). After deducting consumption (6.7 M€), gross margin stands at 1.5 M€, i.e. a rate of 18%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 283 k€, representing 3.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 261 k€, i.e. 3.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

8 192 694 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 474 558 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

282 991 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

191 826 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

260 615 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

3.5%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 30%. 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 40%. 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 4.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

29.793%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

40.167%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

4.28%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.936

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

5.9%

Solvency indicators evolution
CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL

Sector positioning

Debt ratio
29.79 2024
2023
2023
2024
Q1: 4.08
Med: 38.33
Q3: 127.96
Good +7 pts over 3 years

In 2024, the debt ratio of CENTRE D'ETUDES, DE DISTR... (29.79) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
40.17% 2024
2023
2023
2024
Q1: 10.78%
Med: 27.25%
Q3: 53.06%
Good -12 pts over 3 years

In 2024, the financial autonomy of CENTRE D'ETUDES, DE DISTR... (40.2%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.94 years 2024
2023
2024
Q1: -0.37 years
Med: 0.21 years
Q3: 3.53 years
Average -20 pts over 2 years

In 2024, the repayment capacity of CENTRE D'ETUDES, DE DISTR... (0.94) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 200.90. 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 10.9x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

200.896

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

10.881

Liquidity indicators evolution
CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL

Sector positioning

Liquidity ratio
200.9 2024
2023
2023
2024
Q1: 132.93
Med: 200.61
Q3: 386.05
Good -15 pts over 3 years

In 2024, the liquidity ratio of CENTRE D'ETUDES, DE DISTR... (200.90) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
10.88x 2024
2023
2024
Q1: 0.0x
Med: 2.15x
Q3: 25.1x
Good +26 pts over 2 years

In 2024, the interest coverage of CENTRE D'ETUDES, DE DISTR... (10.9x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 12 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 50 days. Excellent situation: suppliers finance 38 days of the operating cycle (retail model). Inventory turnover is 75 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 78 days of revenue, i.e. 1.8 M€ to permanently finance.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

1 781 256 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

12 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

50 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

75 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

78 j

WCR and payment terms evolution
CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL

Positioning of CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL in its sector

Comparison with sector Commerce de voitures et de véhicules automobiles légers

Valuation estimate

Based on 148 transactions of similar company sales in 2024, the value of CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL is estimated at 758 482 € (range 338 354€ - 1 467 345€). With an EBITDA of 282 991€, the sector multiple of 1.6x is applied. The price/revenue ratio is 0.16x (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.

Estimated enterprise value 2024
148 transactions
338k€ 758k€ 1467k€
758 482 € Range: 338 354€ - 1 467 345€
NAF 5 année 2024

Valuation detail by method

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EBITDA Multiple 50%
282 991 € × 1.6x
Estimation 456 529 €
169 882€ - 679 720€
Revenue Multiple 30%
8 192 694 € × 0.16x
Estimation 1 314 130 €
600 182€ - 2 318 790€
Net Income Multiple 20%
260 615 € × 2.6x
Estimation 679 895 €
366 795€ - 2 159 242€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 148 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Commerce de voitures et de véhicules automobiles légers)

Compare CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers

Frequently asked questions about CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL

What is the revenue of CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL ?

The revenue of CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL in 2024 is 8.2 M€.

Is CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL profitable?

Yes, CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL generated a net profit of 261 k€ in 2024.

Where is the headquarters of CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL ?

The headquarters of CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL is located in PLOERMEL (56800), in the department Morbihan.

Where to find the tax return of CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL ?

The tax return of CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL operate?

CENTRE D'ETUDES, DE DISTRIBUTION ET D'ACHAT DE MATERIEL operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.