ETS HIRSCH RECUPERATION ET LEVAGE : revenue, balance sheet and financial ratios

In 2025, ETS HIRSCH RECUPERATION ET LEVAGE achieves revenue of 12.6 M€. Over the period 2017-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +10.6%. Vs 2024, growth of +36% (9.3 M€ -> 12.6 M€). After deducting consumption (6.6 M€), gross margin stands at 6.0 M€, i.e. a rate of 47%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.6 M€, representing 12.8% of revenue. Positive scissor effect: EBITDA margin improves by +7.0 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 804 k€, i.e. 6.4% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 26%. 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 60%. 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 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 10.5% 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 285.42. 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 1.7x. Coverage is limited: any activity downturn would jeopardize interest payments.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 37 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 42 days. Favorable situation: supplier credit is longer than customer credit by 5 days. Inventory turnover is 52 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 44 days of revenue, i.e. 1.6 M€ to permanently finance. Notable WCR improvement over the period (-41%), freeing up cash.

Based on 85 transactions of similar company sales (all years), the value of ETS HIRSCH RECUPERATION ET LEVAGE is estimated at 1 789 125 € (range 755 097€ - 4 282 383€). With an EBITDA of 1 613 207€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.18x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.