SAFIM BRAKES FRANCE SAS : revenue, balance sheet and financial ratios

In 2024, SAFIM BRAKES FRANCE SAS achieves revenue of 1.4 M€. Revenue is growing positively over 8 years (CAGR: +3.8%). Significant drop of -16% vs 2023. After deducting consumption (800 k€), gross margin stands at 602 k€, i.e. a rate of 43%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 277 k€, representing 19.8% of revenue. Warning negative scissor effect: despite revenue change (-16%), EBITDA varies by -45%, reducing margin by 10.6 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 256 k€, i.e. 18.3% 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 87%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 21.5% 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 827.85. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 24 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 9 days. The company must finance 15 days of gap between collections and payments. Overall, WCR represents 92 days of revenue, i.e. 360 k€ to permanently finance. Over 2017-2024, WCR increased by +82%, requiring additional financing.

Based on 229 transactions of similar company sales (all years), the value of SAFIM BRAKES FRANCE SAS is estimated at 448 026 € (range 173 272€ - 1 432 210€). With an EBITDA of 277 041€, the sector multiple of 1.6x is applied. The price/revenue ratio is 0.32x (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.