IMMOBILIERE REUNION ETUDIANTS : revenue, balance sheet and financial ratios

IMMOBILIERE REUNION ETUDIANTS is a French company founded 126 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in PARIS (75006), this company of category PME shows in 2021 a revenue of 424 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - IMMOBILIERE REUNION ETUDIANTS (SIREN 305241317)
Indicator 2021 2019 2017 2016
Revenue 423 983 € 395 910 € 494 825 € 492 784 €
Net income -155 280 € -142 921 € 24 005 € 10 406 €
EBITDA 60 795 € 76 476 € 205 704 € 263 876 €
Net margin -36.6% -36.1% 4.9% 2.1%

Revenue and income statement

In 2021, IMMOBILIERE REUNION ETUDIANTS achieves revenue of 424 k€. Activity remains stable over the period (CAGR: -3.0%). Vs 2019: +7%. After deducting consumption (0 €), gross margin stands at 424 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 61 k€, representing 14.3% of revenue. Warning negative scissor effect: despite revenue change (+7%), EBITDA varies by -21%, reducing margin by 5.0 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Net income is negative at -155 k€ (-36.6% of revenue), which will impact equity.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

423 983 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

423 983 €

EBITDA (2021) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

60 795 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-150 635 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-155 280 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

14.3%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 12%. 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 88%. 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 7.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 13.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

12.008%

Financial autonomy (2021) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

88.353%

Cash flow / Revenue (2021) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

13.128%

Repayment capacity (2021) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

7.214

Asset age ratio (2021) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

46.9%

Solvency indicators evolution
IMMOBILIERE REUNION ETUDIANTS

Sector positioning

Debt ratio
12.01 2021
2017
2019
2021
Q1: -2.02
Med: 12.56
Q3: 178.66
Good +21 pts over 3 years

In 2021, the debt ratio of IMMOBILIERE REUNION ETUDI... (12.01) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
88.35% 2021
2017
2019
2021
Q1: 2.35%
Med: 38.31%
Q3: 81.36%
Excellent

In 2021, the financial autonomy of IMMOBILIERE REUNION ETUDI... (88.3%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
7.21 years 2021
2017
2019
2021
Q1: -0.0 years
Med: 0.54 years
Q3: 9.67 years
Average +28 pts over 3 years

In 2021, the repayment capacity of IMMOBILIERE REUNION ETUDI... (7.21) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 2081.57. 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 8.2x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2021) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

2081.571

Interest coverage (2021) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

8.178

Liquidity indicators evolution
IMMOBILIERE REUNION ETUDIANTS

Sector positioning

Liquidity ratio
2081.57 2021
2017
2019
2021
Q1: 84.5
Med: 265.45
Q3: 1031.6
Excellent

In 2021, the liquidity ratio of IMMOBILIERE REUNION ETUDI... (2081.57) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
8.18x 2021
2017
2019
2021
Q1: 0.0x
Med: 0.0x
Q3: 12.95x
Good +14 pts over 3 years

In 2021, the interest coverage of IMMOBILIERE REUNION ETUDI... (8.2x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

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: 21 days. Favorable situation: supplier credit is longer than customer credit by 11 days. Overall, WCR represents 34 days of revenue, i.e. 40 k€ to permanently finance. Over 2016-2021, WCR increased by +167%, requiring additional financing.

Operating WCR (2021) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

39 765 €

Customer credit (2021) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

10 j

Supplier credit (2021) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

21 j

Inventory turnover (2021) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2021) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

34 j

WCR and payment terms evolution
IMMOBILIERE REUNION ETUDIANTS

Positioning of IMMOBILIERE REUNION ETUDIANTS in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 178 transactions of similar company sales in 2021, the value of IMMOBILIERE REUNION ETUDIANTS is estimated at 291 053 € (range 126 355€ - 591 359€). With an EBITDA of 60 795€, the sector multiple of 4.7x is applied. The price/revenue ratio is 0.70x (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.

Estimated enterprise value 2021
178 transactions
126k€ 291k€ 591k€
291 053 € Range: 126 355€ - 591 359€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
60 795 € × 4.7x
Estimation 287 785 €
139 929€ - 477 776€
Revenue Multiple 30%
423 983 € × 0.70x
Estimation 296 500 €
103 734€ - 780 667€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 178 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Location de terrains et d'autres biens immobiliers)

Compare IMMOBILIERE REUNION ETUDIANTS with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about IMMOBILIERE REUNION ETUDIANTS

What is the revenue of IMMOBILIERE REUNION ETUDIANTS ?

The revenue of IMMOBILIERE REUNION ETUDIANTS in 2021 is 424 k€.

Is IMMOBILIERE REUNION ETUDIANTS profitable?

IMMOBILIERE REUNION ETUDIANTS recorded a net loss in 2021.

Where is the headquarters of IMMOBILIERE REUNION ETUDIANTS ?

The headquarters of IMMOBILIERE REUNION ETUDIANTS is located in PARIS (75006), in the department Paris.

Where to find the tax return of IMMOBILIERE REUNION ETUDIANTS ?

The tax return of IMMOBILIERE REUNION ETUDIANTS is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does IMMOBILIERE REUNION ETUDIANTS operate?

IMMOBILIERE REUNION ETUDIANTS operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.