CHATEAU BORGEAT DE LAGRANGE : revenue, balance sheet and financial ratios

In 2023, CHATEAU BORGEAT DE LAGRANGE achieves revenue of 84 k€. Over the period 2020-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +35.7%. Vs 2022, growth of +46% (58 k€ -> 84 k€). After deducting consumption (0 €), gross margin stands at 84 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 59 k€, representing 70.3% of revenue. Positive scissor effect: EBITDA margin improves by +82.9 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -7 k€ (-7.9% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at 80594%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 99%. 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 21.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 50.4% 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 4.07. 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 28.3x. 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: 59 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 0 days. The gap of 59 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-2545 days): operations structurally generate cash. Notable WCR improvement over the period (-39%), freeing up cash.

Based on 215 transactions of similar company sales in 2023, the value of CHATEAU BORGEAT DE LAGRANGE is estimated at 206 247 € (range 55 571€ - 342 358€). With an EBITDA of 59 038€, the sector multiple of 5.2x is applied. The price/revenue ratio is 0.51x (in line with sector norms). 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.