SARL TRAVAUX VITICOLES DU VEZELIEN : revenue, balance sheet and financial ratios

In 2024, SARL TRAVAUX VITICOLES DU VEZELIEN achieves revenue of 102 k€. Over the period 2021-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +21.6%. Slight decline of -1% vs 2023. After deducting consumption (12 k€), gross margin stands at 90 k€, i.e. a rate of 88%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 27 k€, representing 26.5% of 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 5 k€, i.e. 4.9% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 2124%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 4%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 9.7 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 18.3% 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 552.82. 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 30.3x. 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: 442 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 5 days. The gap of 437 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 424 days of revenue, i.e. 120 k€ to permanently finance. Over 2021-2024, WCR increased by +74%, requiring additional financing.

Based on 50 transactions of similar company sales (all years), the value of SARL TRAVAUX VITICOLES DU VEZELIEN is estimated at 49 802 € (range 18 136€ - 83 522€). With an EBITDA of 26 945€, the sector multiple of 2.7x is applied. The price/revenue ratio is 0.37x (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.