SA LEBAUDY LANGLOIS : revenue, balance sheet and financial ratios

In 2024, SA LEBAUDY LANGLOIS achieves revenue of 22.1 M€. Revenue is growing positively over 9 years (CAGR: +0.6%). Significant drop of -11% vs 2023. After deducting consumption (18.4 M€), gross margin stands at 3.7 M€, i.e. a rate of 17%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 232 k€, representing 1.0% of revenue. Warning negative scissor effect: despite revenue change (-11%), EBITDA varies by -78%, reducing margin by 3.1 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 339 k€, i.e. 1.5% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 1%. 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 75%. 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 1.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 382.78. 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 2.4x. Financial charges are adequately covered by operations.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 10 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 14 days. Favorable situation: supplier credit is longer than customer credit by 4 days. Inventory turnover is 71 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 73 days of revenue, i.e. 4.5 M€ to permanently finance.

Based on 148 transactions of similar company sales in 2024, the value of SA LEBAUDY LANGLOIS is estimated at 1 425 872 € (range 650 057€ - 2 714 213€). With an EBITDA of 231 641€, the sector multiple of 1.6x is applied. The price/revenue ratio is 0.16x (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.