ROANNAISE D'INVESTISSEMENTS : revenue, balance sheet and financial ratios

In 2024, ROANNAISE D'INVESTISSEMENTS achieves revenue of 1.0 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +36.4%. Significant drop of -23% vs 2023. After deducting consumption (65 k€), gross margin stands at 978 k€, i.e. a rate of 94%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 27 k€, representing 2.6% of revenue. Warning negative scissor effect: despite revenue change (-23%), EBITDA varies by -93%, reducing margin by 25.4 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 8.5 M€, i.e. 810.9% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 27%. 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 77%. 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 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 811.6% 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 1460.62. 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 701.6x. 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: 22 days. Favorable situation: supplier credit is longer than customer credit by 10 days. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 582 days of revenue, i.e. 1.7 M€ to permanently finance. Over 2017-2024, WCR increased by +405615%, requiring additional financing.

Based on 99 transactions of similar company sales in 2024, the value of ROANNAISE D'INVESTISSEMENTS is estimated at 7 162 626 € (range 3 720 847€ - 15 769 039€). With an EBITDA of 26 700€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.54x (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.