MAYENNE BURO : revenue, balance sheet and financial ratios

In 2024, MAYENNE BURO achieves revenue of 495 k€. Revenue is growing positively over 9 years (CAGR: +2.9%). Slight decline of -6% vs 2023. After deducting consumption (282 k€), gross margin stands at 213 k€, i.e. a rate of 43%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 20 k€, representing 4.1% of revenue. Warning negative scissor effect: despite revenue change (-6%), EBITDA varies by -55%, reducing margin by 4.4 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 16 k€, i.e. 3.3% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 22%. 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 54%. 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 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 251.84. 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 2.1x. Financial charges are adequately covered by operations.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 28 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 55 days. Favorable situation: supplier credit is longer than customer credit by 27 days. Inventory turnover is 73 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 97 days of revenue, i.e. 133 k€ to permanently finance. Over 2016-2024, WCR increased by +23%, requiring additional financing.

Based on 145 transactions of similar company sales (all years), the value of MAYENNE BURO is estimated at 65 544 € (range 27 715€ - 165 607€). With an EBITDA of 20 095€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.19x (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.