FRANCE RAMONAGE DEBIMAX FRSP2 : revenue, balance sheet and financial ratios

In 2024, FRANCE RAMONAGE DEBIMAX FRSP2 achieves revenue of 81 k€. Revenue is growing positively over 9 years (CAGR: +0.6%). Slight decline of -6% vs 2023. After deducting consumption (1 k€), gross margin stands at 80 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 21 k€, representing 26.3% of revenue. Warning negative scissor effect: despite revenue change (-6%), EBITDA varies by -28%, reducing margin by 8.0 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 18 k€, i.e. 21.9% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 42%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 62%. 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 0.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 22.5% 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 789.09. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. WCR is negative (-21 days): operations structurally generate cash. Notable WCR improvement over the period (-21%), freeing up cash.

Based on 53 transactions of similar company sales (all years), the value of FRANCE RAMONAGE DEBIMAX FRSP2 is estimated at 47 818 € (range 19 267€ - 79 269€). With an EBITDA of 21 397€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.35x (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.