RUC SERVICE CONSEIL DEVELOPPEMENT : revenue, balance sheet and financial ratios

In 2024, RUC SERVICE CONSEIL DEVELOPPEMENT achieves revenue of 2.7 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +32.5%. Vs 2023, growth of +247% (792 k€ -> 2.7 M€). After deducting consumption (2.3 M€), gross margin stands at 424 k€, i.e. a rate of 15%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 158 k€, representing 5.8% of revenue. Warning negative scissor effect: despite revenue change (+247%), EBITDA varies by +5%, reducing margin by 13.2 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 462 k€, i.e. 16.8% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 4%. 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 95%. 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 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 27.4% 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 9674.12. 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 24.2x. 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: 7 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 50 days. Excellent situation: suppliers finance 43 days of the operating cycle (retail model). Inventory turnover is 453 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 1000 days of revenue, i.e. 7.6 M€ to permanently finance. Notable WCR improvement over the period (-24%), freeing up cash.

Based on 62 transactions of similar company sales in 2024, the value of RUC SERVICE CONSEIL DEVELOPPEMENT is estimated at 1 313 280 € (range 441 757€ - 2 905 816€). With an EBITDA of 158 142€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.30x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.