ETABLISSEMENT D ENSEIGNEMENT SUPERIEUR CONSULAIRE ECOLE SUPERIEURE DE DESIGN DES LANDES : revenue, balance sheet and financial ratios

In 2024, ETABLISSEMENT D ENSEIGNEMENT SUPERIEUR CONSULAIRE ECOLE SUPERIEURE DE DESIGN DES LANDES achieves revenue of 1.1 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +12.2%. Vs 2023, growth of +22% (898 k€ -> 1.1 M€). After deducting consumption (184 €), gross margin stands at 1.1 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 166 k€, representing 15.1% 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 109 k€, i.e. 9.9% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 35%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 61%. 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 7.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 13.0% 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 218.28. 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 9.1x. 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: 249 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 155 days. The gap of 94 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 234 days of revenue, i.e. 714 k€ to permanently finance. Over 2017-2024, WCR increased by +1061%, requiring additional financing.

Based on 412 transactions of similar company sales (all years), the value of ETABLISSEMENT D ENSEIGNEMENT SUPERIEUR CONSULAIRE ECOLE SUPERIEURE DE DESIGN DES LANDES is estimated at 425 332 € (range 175 797€ - 1 136 487€). With an EBITDA of 166 023€, the sector multiple of 3.0x is applied. The price/revenue ratio is 0.29x (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.