SAINT EXUPERY HOLDING : revenue, balance sheet and financial ratios

In 2024, SAINT EXUPERY HOLDING achieves revenue of 55 k€. Activity remains stable over the period (CAGR: -2.3%). Significant drop of -16% vs 2023. After deducting consumption (3 k€), gross margin stands at 52 k€, i.e. a rate of 95%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 8 k€, representing 13.8% of revenue. Warning negative scissor effect: despite revenue change (-16%), EBITDA varies by -68%, reducing margin by 23.1 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 158 k€, i.e. 287.1% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 85%. 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 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 133.1% 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 495.31. 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 698.4x. 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: 802 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 1601 days. Excellent situation: suppliers finance 799 days of the operating cycle (retail model). Inventory turnover is 25 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 7361 days of revenue, i.e. 1.1 M€ to permanently finance. Over 2016-2024, WCR increased by +206%, requiring additional financing.

Based on 173 transactions of similar company sales (all years), the value of SAINT EXUPERY HOLDING is estimated at 130 731 € (range 45 279€ - 340 714€). With an EBITDA of 7 598€, the sector multiple of 3.4x is applied. The price/revenue ratio is 0.38x (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.