HDMB HOTELLERIE DEVELOPPEMENT MONT BLANC : revenue, balance sheet and financial ratios

In 2024, HDMB HOTELLERIE DEVELOPPEMENT MONT BLANC achieves revenue of 199 k€. Revenue is growing positively over 8 years (CAGR: +1.2%). Slight decline of -3% vs 2023. After deducting consumption (0 €), gross margin stands at 199 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 42 k€, representing 21.4% of revenue. Warning negative scissor effect: despite revenue change (-3%), EBITDA varies by -15%, reducing margin by 3.2 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 297 k€, i.e. 149.4% 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 99%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 147.2% 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 8255.64. 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: 88 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 26 days. The gap of 62 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 807 days of revenue, i.e. 445 k€ to permanently finance. Notable WCR improvement over the period (-49%), freeing up cash.

Based on 103 transactions of similar company sales in 2024, the value of HDMB HOTELLERIE DEVELOPPEMENT MONT BLANC is estimated at 693 343 € (range 222 789€ - 1 740 985€). With an EBITDA of 42 430€, the sector multiple of 5.0x is applied. The price/revenue ratio is 0.38x (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.