PAINDOR COTE D'AZUR : revenue, balance sheet and financial ratios

In 2024, PAINDOR COTE D'AZUR achieves revenue of 6.7 M€. Activity remains stable over the period (CAGR: -4.6%). Significant drop of -20% vs 2023. After deducting consumption (2.3 M€), gross margin stands at 4.4 M€, i.e. a rate of 66%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 413 k€, representing 6.2% of revenue. Positive scissor effect: EBITDA margin improves by +17.3 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -1.0 M€ (-15.4% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at -0%. 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 -18%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

The liquidity ratio (= Current assets / Current liabilities) stands at 61.47. 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 109.5x. 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: 207 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 74 days. The gap of 133 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 27 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-161 days): operations structurally generate cash. Notable WCR improvement over the period (-210%), freeing up cash.

Based on 203 transactions of similar company sales in 2024, the value of PAINDOR COTE D'AZUR is estimated at 3 131 471 € (range 1 795 816€ - 4 634 996€). With an EBITDA of 413 038€, the sector multiple of 6.7x is applied. The price/revenue ratio is 0.55x (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.