ESPACE CONSTRUCTION DU VAL DE LOIRE : revenue, balance sheet and financial ratios

In 2024, ESPACE CONSTRUCTION DU VAL DE LOIRE achieves revenue of 912 k€. Revenue is declining over the period 2016-2024 (CAGR: -9.2%). Slight decline of -2% vs 2023. After deducting consumption (50 k€), gross margin stands at 862 k€, i.e. a rate of 95%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 572 k€, representing 62.7% of revenue. Warning negative scissor effect: despite revenue change (-2%), EBITDA varies by -13%, reducing margin by 7.9 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 83 k€, i.e. 9.1% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 36%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 69%. 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 3.5 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 59.4% 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 482.04. 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 18.2x. 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: 69 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 408 days. Excellent situation: suppliers finance 339 days of the operating cycle (retail model). Inventory turnover is 331 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 363 days of revenue, i.e. 919 k€ to permanently finance. Over 2016-2024, WCR increased by +406%, requiring additional financing.

Based on 169 transactions of similar company sales in 2024, the value of ESPACE CONSTRUCTION DU VAL DE LOIRE is estimated at 1 936 588 € (range 542 630€ - 3 477 549€). With an EBITDA of 572 232€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (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.