COMPAGNIE MARSEILLAISE D HOTELLERIE ECONOMIQUE : revenue, balance sheet and financial ratios

In 2024, COMPAGNIE MARSEILLAISE D HOTELLERIE ECONOMIQUE achieves revenue of 1.8 M€. Revenue is growing positively over 8 years (CAGR: +3.2%). Slight decline of -8% vs 2023. After deducting consumption (69 k€), gross margin stands at 1.8 M€, i.e. a rate of 96%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 984 k€, representing 53.6% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 670 k€, i.e. 36.5% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 32%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 66%. 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 1.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 44.2% 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 982.75. 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 3.5x. Financial charges are adequately covered by operations.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 33 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 94 days. Excellent situation: suppliers finance 61 days of the operating cycle (retail model). Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 801 days of revenue, i.e. 4.1 M€ to permanently finance. Over 2016-2024, WCR increased by +5453%, requiring additional financing.

Based on 99 transactions of similar company sales in 2024, the value of COMPAGNIE MARSEILLAISE D HOTELLERIE ECONOMIQUE is estimated at 3 197 270 € (range 984 495€ - 5 941 179€). With an EBITDA of 984 141€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.54x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.