MARIUS ET ROLAND FRUITS ET LEGUMES : revenue, balance sheet and financial ratios

In 2024, MARIUS ET ROLAND FRUITS ET LEGUMES achieves revenue of 1.9 M€. Revenue is growing positively over 9 years (CAGR: +3.7%). Slight decline of -7% vs 2023. After deducting consumption (1.2 M€), gross margin stands at 683 k€, i.e. a rate of 36%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3 k€, representing 0.2% of revenue. Warning negative scissor effect: despite revenue change (-7%), EBITDA varies by -96%, reducing margin by 3.9 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -48 k€ (-2.6% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at 4%. 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 87%. 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 5.5 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 0.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 860.18. 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 18.4x. 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 13 days. Favorable situation: supplier credit is longer than customer credit by 13 days. Inventory turnover is 16 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 53 days of revenue, i.e. 278 k€ to permanently finance. Over 2016-2024, WCR increased by +812%, requiring additional financing.

Based on 551 transactions of similar company sales in 2024, the value of MARIUS ET ROLAND FRUITS ET LEGUMES is estimated at 170 053 € (range 90 766€ - 314 857€). With an EBITDA of 2 936€, the sector multiple of 4.7x is applied. The price/revenue ratio is 0.23x (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.