IDETEC ENVIRONNEMENT : revenue, balance sheet and financial ratios

In 2025, IDETEC ENVIRONNEMENT achieves revenue of 2.0 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +11.4%. Significant drop of -13% vs 2023. After deducting consumption (10 k€), gross margin stands at 2.0 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 30 k€, representing 1.5% of revenue. Warning negative scissor effect: despite revenue change (-13%), EBITDA varies by -89%, reducing margin by 10.2 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 23 k€, i.e. 1.1% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 92%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 33%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 121.71. 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 56.1x. Operating income very largely covers interest expenses: high safety margin.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 175 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 78 days. The gap of 97 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 158 days of revenue, i.e. 901 k€ to permanently finance. Over 2016-2025, WCR increased by +200%, requiring additional financing.

Based on 98 transactions of similar company sales (all years), the value of IDETEC ENVIRONNEMENT is estimated at 297 864 € (range 90 848€ - 501 042€). With an EBITDA of 30 015€, the sector multiple of 3.5x is applied. The price/revenue ratio is 0.36x (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.