ETABLISSEMENTS DRISSLER ET LEROUX : revenue, balance sheet and financial ratios

In 2024, ETABLISSEMENTS DRISSLER ET LEROUX achieves revenue of 33 k€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +24.6%. Vs 2023, growth of +161% (13 k€ -> 33 k€). After deducting consumption (11 k€), gross margin stands at 21 k€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 13 k€, representing 39.2% of revenue. Positive scissor effect: EBITDA margin improves by +14.5 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 14 k€, i.e. 41.3% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 14%. 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 81%. 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 1.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 41.3% 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 1252.09. 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 5.8x. 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: 36 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 209 days. Excellent situation: suppliers finance 173 days of the operating cycle (retail model). Overall, WCR represents 1211 days of revenue, i.e. 110 k€ to permanently finance. Over 2016-2024, WCR increased by +360%, requiring additional financing.

Based on 228 transactions of similar company sales (all years), the value of ETABLISSEMENTS DRISSLER ET LEROUX is estimated at 16 039 € (range 5 257€ - 40 956€). With an EBITDA of 12 839€, the sector multiple of 1.5x is applied. The price/revenue ratio is 0.13x (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.