COMPTOIR FRANCAIS DE LA QUINCAILLERIE : revenue, balance sheet and financial ratios

In 2024, COMPTOIR FRANCAIS DE LA QUINCAILLERIE achieves revenue of 64.9 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +18.0%. Vs 2023, growth of +63% (39.8 M€ -> 64.9 M€). After deducting consumption (27.8 M€), gross margin stands at 37.1 M€, i.e. a rate of 57%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 11.9 M€, representing 18.3% of revenue. Warning negative scissor effect: despite revenue change (+63%), EBITDA varies by -36%, reducing margin by 28.4 pts. This reflects costs rising faster than 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 8.6 M€, i.e. 13.3% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 25%. 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 43%. 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 1.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 15.2% 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 194.93. 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 18.3x. 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: 227 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 340 days. Excellent situation: suppliers finance 113 days of the operating cycle (retail model). Inventory turnover is 70 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 407 days of revenue, i.e. 73.4 M€ to permanently finance. Over 2016-2024, WCR increased by +158%, requiring additional financing.

Based on 229 transactions of similar company sales (all years), the value of COMPTOIR FRANCAIS DE LA QUINCAILLERIE is estimated at 18 884 335 € (range 7 318 365€ - 59 330 920€). With an EBITDA of 11 897 568€, the sector multiple of 1.6x is applied. The price/revenue ratio is 0.32x (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.