MCDONALD S OUEST PARISIEN : revenue, balance sheet and financial ratios

In 2023, MCDONALD S OUEST PARISIEN achieves revenue of 69.1 M€. Revenue is growing positively over 8 years (CAGR: +2.7%). Slight decline of -1% vs 2022. After deducting consumption (19.6 M€), gross margin stands at 49.5 M€, i.e. a rate of 72%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 14.8 M€, representing 21.4% of revenue. Warning negative scissor effect: despite revenue change (-1%), EBITDA varies by -15%, reducing margin by 3.4 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 -2.0 M€ (-2.9% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at -472%. 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 -13%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 382.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 48.45. 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 89.4x. 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: 4 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 37 days. Excellent situation: suppliers finance 33 days of the operating cycle (retail model). Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-20 days): operations structurally generate cash. Notable WCR improvement over the period (-1005%), freeing up cash.

Based on 689 transactions of similar company sales in 2023, the value of MCDONALD S OUEST PARISIEN is estimated at 75 147 246 € (range 41 346 567€ - 145 320 204€). With an EBITDA of 14 782 392€, the sector multiple of 6.3x is applied. The price/revenue ratio is 0.66x (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.