JOLIETTE BATIMENTS SAS : revenue, balance sheet and financial ratios

In 2024, JOLIETTE BATIMENTS SAS achieves revenue of 13.0 M€. Activity remains stable over the period (CAGR: -1.1%). Vs 2023: +8%. After deducting consumption (0 €), gross margin stands at 13.0 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 4.5 M€, representing 34.6% of revenue. Warning negative scissor effect: despite revenue change (+8%), EBITDA varies by +1%, reducing margin by 2.1 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -17.7 M€ (-135.5% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at -1777%. 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 -6%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 139.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 10.9% 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 327.03. 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 157.3x. 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: 79 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 15 days. The gap of 64 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 18 days of revenue, i.e. 654 k€ to permanently finance. Notable WCR improvement over the period (-84%), freeing up cash.

Based on 169 transactions of similar company sales in 2024, the value of JOLIETTE BATIMENTS SAS is estimated at 19 724 829 € (range 5 684 486€ - 35 521 480€). With an EBITDA of 4 508 777€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (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.