PERIPRO REAL ESTATE : revenue, balance sheet and financial ratios

In 2024, PERIPRO REAL ESTATE achieves revenue of 124 k€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +81.5%. Vs 2020, growth of +22% (102 k€ -> 124 k€). After deducting consumption (0 €), gross margin stands at 124 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 88 k€, representing 71.2% of revenue. Positive scissor effect: EBITDA margin improves by +34.5 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 232 k€, i.e. 187.2% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 92%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 44%. 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 1.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 214.8% 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 140.65. 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 33.8x. 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: 19 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 655 days. Excellent situation: suppliers finance 636 days of the operating cycle (retail model). WCR is negative (-163 days): operations structurally generate cash. Notable WCR improvement over the period (-1806%), freeing up cash.

Based on 169 transactions of similar company sales in 2024, the value of PERIPRO REAL ESTATE is estimated at 593 691 € (range 172 054€ - 1 071 380€). With an EBITDA of 88 331€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (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.