GARAGE DES CEDRES : revenue, balance sheet and financial ratios

In 2024, GARAGE DES CEDRES achieves revenue of 941 k€. Revenue is growing positively over 10 years (CAGR: +2.4%). Slight decline of -9% vs 2023. After deducting consumption (496 k€), gross margin stands at 444 k€, i.e. a rate of 47%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 47 k€, representing 5.0% of revenue. Warning negative scissor effect: despite revenue change (-9%), EBITDA varies by -55%, reducing margin by 5.1 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 39 k€, i.e. 4.2% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 16%. 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 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 1.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

The liquidity ratio (= Current assets / Current liabilities) stands at 329.29. 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: 27 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 42 days. Favorable situation: supplier credit is longer than customer credit by 15 days. Inventory turnover is 68 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 79 days of revenue, i.e. 206 k€ to permanently finance. Notable WCR improvement over the period (-32%), freeing up cash.

Based on 148 transactions of similar company sales in 2024, the value of GARAGE DES CEDRES is estimated at 103 872 € (range 45 931€ - 201 895€). With an EBITDA of 47 099€, the sector multiple of 1.6x is applied. The price/revenue ratio is 0.16x (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.