PGI - PERRILLAT GEORGES INVESTISSEMENTS : revenue, balance sheet and financial ratios

In 2024, PGI - PERRILLAT GEORGES INVESTISSEMENTS achieves revenue of 268 k€. Revenue is declining over the period 2016-2024 (CAGR: -5.4%). Significant drop of -20% vs 2023. After deducting consumption (0 €), gross margin stands at 268 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 16 k€, representing 6.0% of revenue. Warning negative scissor effect: despite revenue change (-20%), EBITDA varies by -88%, reducing margin by 33.1 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 10 k€, i.e. 3.8% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 8%. 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 91%. 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 6.2 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 31.8% 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 2782.17. 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 52.1x. 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: 50 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 149 days. Excellent situation: suppliers finance 99 days of the operating cycle (retail model). Overall, WCR represents 648 days of revenue, i.e. 482 k€ to permanently finance. Over 2016-2024, WCR increased by +274%, requiring additional financing.

Based on 54 transactions of similar company sales in 2024, the value of PGI - PERRILLAT GEORGES INVESTISSEMENTS is estimated at 89 075 € (range 37 886€ - 138 332€). With an EBITDA of 16 052€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.59x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.