PROFIL MOTOS BOURGOIN : revenue, balance sheet and financial ratios

In 2024, PROFIL MOTOS BOURGOIN achieves revenue of 1.7 M€. Revenue is growing positively over 9 years (CAGR: +1.3%). Slight decline of -4% vs 2023. After deducting consumption (1.3 M€), gross margin stands at 385 k€, i.e. a rate of 23%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 26 k€, representing 1.6% of revenue. Warning negative scissor effect: despite revenue change (-4%), EBITDA varies by -71%, reducing margin by 3.5 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 8 k€, i.e. 0.5% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 54%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 51%. 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 7.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 321.55. 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 24.6x. 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: 12 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 23 days. Favorable situation: supplier credit is longer than customer credit by 11 days. Inventory turnover is 90 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 103 days of revenue, i.e. 476 k€ to permanently finance. Over 2016-2024, WCR increased by +142%, requiring additional financing.

Based on 137 transactions of similar company sales (all years), the value of PROFIL MOTOS BOURGOIN is estimated at 127 676 € (range 69 436€ - 232 216€). With an EBITDA of 25 952€, the sector multiple of 2.9x is applied. The price/revenue ratio is 0.17x (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.