F. RECK & CO. (FRANCE) : revenue, balance sheet and financial ratios

In 2024, F. RECK & CO. (FRANCE) achieves revenue of 502 k€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +7.1%. Significant drop of -14% vs 2023. After deducting consumption (0 €), gross margin stands at 502 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 92 k€, representing 18.3% of revenue. Warning negative scissor effect: despite revenue change (-14%), EBITDA varies by -49%, reducing margin by 12.5 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 117 k€, i.e. 23.3% of revenue. This profit can be retained or distributed to shareholders.

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 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 22.4% 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 111.27. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 10 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 4 days. The company must finance 6 days of gap between collections and payments. Inventory turnover is 70 days (= Average inventory / Cost of goods x 360). WCR is negative (-659 days): operations structurally generate cash. Notable WCR improvement over the period (-64%), freeing up cash.

Based on 193 transactions of similar company sales (all years), the value of F. RECK & CO. (FRANCE) is estimated at 250 579 € (range 77 864€ - 773 737€). With an EBITDA of 91 880€, the sector multiple of 1.2x is applied. The price/revenue ratio is 0.98x (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.