Employees: 21 (2023.0)Legal category: SCA (commandite par actions)Size: ETICreation date: 1958-01-01 (68 years)Status: ActiveBusiness sector: Commerce de voitures et de véhicules automobiles légersLocation: MEES (40990), Landes
DAX AUTO : revenue, balance sheet and financial ratios
DAX AUTO is a French company
founded 68 years ago,
specialized in the sector Commerce de voitures et de véhicules automobiles légers.
Based in MEES (40990),
this company of category ETI
shows in 2024 a revenue of 38.4 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, DAX AUTO achieves revenue of 38.4 M€. Revenue is growing positively over 9 years (CAGR: +1.3%). Slight decline of -6% vs 2023. After deducting consumption (31.6 M€), gross margin stands at 6.7 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 1.5 M€, representing 3.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.0 M€, i.e. 2.7% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
38 351 674 €
Gross margin (2024)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
6 728 638 €
EBITDA (2024)
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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
1 478 373 €
EBIT (2024)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
1 320 361 €
Net income (2024)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
1 030 272 €
EBITDA margin (2024)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
3.9%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
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 52%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 3.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
0.0%
Financial autonomy (2024)
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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
51.978%
Cash flow / Revenue (2024)
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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
3.153%
Repayment capacity (2024)
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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
0.0
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
2.433
0.0
0.465
30.983
4.473
19.12
2.512
3.53
0.0
Financial autonomy
66.695
66.603
74.203
52.32
53.446
49.073
46.569
53.934
51.978
Repayment capacity
0.124
0.0
0.0
1.813
0.281
1.23
0.12
0.195
0.0
Cash flow / Revenue
4.021%
3.346%
3.371%
3.267%
3.154%
2.829%
4.463%
3.33%
3.153%
Sector positioning
Debt ratio
0.02024
2022
2023
2024
Q1: 4.09
Med: 38.32
Q3: 128.11
Excellent
In 2024, the debt ratio of DAX AUTO (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
Financial autonomy
51.98%2024
2022
2023
2024
Q1: 10.8%
Med: 27.26%
Q3: 53.13%
Good+7 pts over 3 years
In 2024, the financial autonomy of DAX AUTO (52.0%) 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
0.0 years2024
2022
2023
2024
Q1: -0.37 years
Med: 0.21 years
Q3: 3.53 years
Good+12 pts over 3 years
In 2024, the repayment capacity of DAX AUTO (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 193.78. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.
Liquidity ratio (2024)
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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
193.777
Interest coverage (2024)
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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
0.113
Liquidity indicators evolution DAX AUTO
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
300.449
295.301
370.399
307.305
207.891
219.382
176.789
210.384
193.777
Interest coverage
0.0
0.0
0.0
0.0
0.01
0.603
0.025
0.964
0.113
Sector positioning
Liquidity ratio
193.782024
2022
2023
2024
Q1: 132.95
Med: 200.57
Q3: 385.86
Average+8 pts over 3 years
In 2024, the liquidity ratio of DAX AUTO (193.78) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
Interest coverage
0.11x2024
2022
2023
2024
Q1: 0.0x
Med: 2.15x
Q3: 25.07x
Average
In 2024, the interest coverage of DAX AUTO (0.1x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
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: 8 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 60 days. Excellent situation: suppliers finance 52 days of the operating cycle (retail model). Inventory turnover is 82 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 88 days of revenue, i.e. 9.4 M€ to permanently finance. Over 2016-2024, WCR increased by +36%, requiring additional financing.
Operating WCR (2024)
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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
9 366 629 €
Customer credit (2024)
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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
8 j
Supplier credit (2024)
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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
60 j
Inventory turnover (2024)
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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
82 j
WCR in days of revenue (2024)
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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
88 j
WCR and payment terms evolution DAX AUTO
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
6 894 361 €
8 069 066 €
8 546 232 €
10 340 507 €
9 827 559 €
7 678 415 €
9 569 021 €
9 016 373 €
9 366 629 €
Inventory turnover (days)
74
72
71
92
96
63
102
79
82
Customer payment term (days)
4
6
9
10
8
15
0
7
8
Supplier payment term (days)
27
21
16
29
48
50
74
51
60
Positioning of DAX AUTO 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 DAX AUTO is estimated at
3 575 545 €
(range 1 576 619€ - 6 739 078€).
With an EBITDA of 1 478 373€, 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 value2024
148 transactions
1576k€3575k€6739k€
3 575 545 €Range: 1 576 619€ - 6 739 078€
NAF 5 année 2024
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
1 478 373 €×1.6x
Estimation2 384 950 €
887 483€ - 3 550 924€
Revenue Multiple30%
38 351 674 €×0.16x
Estimation6 151 711 €
2 809 577€ - 10 854 729€
Net Income Multiple20%
1 030 272 €×2.6x
Estimation2 687 785 €
1 450 025€ - 8 535 989€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
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 DAX AUTO with other companies in the same sector:
Yes, DAX AUTO generated a net profit of 1.0 M€ in 2024.
Where is the headquarters of DAX AUTO ?
The headquarters of DAX AUTO is located in MEES (40990), in the department Landes.
Where to find the tax return of DAX AUTO ?
The tax return of DAX AUTO 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 DAX AUTO operate?
DAX AUTO 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.
Item evolution
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