PARCS ET JARDINS LIONEL ANGHEBEN : revenue, balance sheet and financial ratios

In 2023, PARCS ET JARDINS LIONEL ANGHEBEN achieves revenue of 442 k€. Over the period 2017-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +9.7%. Slight decline of -4% vs 2021. After deducting consumption (19 k€), gross margin stands at 424 k€, i.e. a rate of 96%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 21 k€, representing 4.8% of revenue. Warning negative scissor effect: despite revenue change (-4%), EBITDA varies by -72%, reducing margin by 11.6 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 304 €, i.e. 0.1% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 12%. 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 2.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

The liquidity ratio (= Current assets / Current liabilities) stands at 483.18. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 59 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 71 days. Favorable situation: supplier credit is longer than customer credit by 12 days. Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 37 days of revenue, i.e. 45 k€ to permanently finance. Over 2017-2023, WCR increased by +74%, requiring additional financing.

Based on 125 transactions of similar company sales (all years), the value of PARCS ET JARDINS LIONEL ANGHEBEN is estimated at 76 221 € (range 33 564€ - 120 392€). With an EBITDA of 21 102€, the sector multiple of 2.8x is applied. The price/revenue ratio is 0.35x (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.