MIDOBRAS MINERALES DO BRASIL SARL : revenue, balance sheet and financial ratios

In 2025, MIDOBRAS MINERALES DO BRASIL SARL achieves revenue of 1.6 M€. Activity remains stable over the period (CAGR: -2.8%). Significant drop of -35% vs 2023. After deducting consumption (404 k€), gross margin stands at 1.2 M€, i.e. a rate of 75%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 242 k€, representing 15.0% of revenue. Warning negative scissor effect: despite revenue change (-35%), EBITDA varies by -74%, reducing margin by 21.6 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 215 k€, i.e. 13.3% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 24%. 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 75%. 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 3.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 12.8% 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 1378.64. 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 0.9x. Danger: operating income does not cover interest charges, unsustainable situation.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 12 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 63 days. Excellent situation: suppliers finance 51 days of the operating cycle (retail model). Inventory turnover is 661 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 722 days of revenue, i.e. 3.2 M€ to permanently finance. Over 2016-2025, WCR increased by +408%, requiring additional financing.

Based on 50 transactions of similar company sales (all years), the value of MIDOBRAS MINERALES DO BRASIL SARL is estimated at 444 233 € (range 240 107€ - 1 280 992€). With an EBITDA of 242 493€, the sector multiple of 1.8x is applied. The price/revenue ratio is 0.32x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.