SAS DU 8 MAI : revenue, balance sheet and financial ratios

In 2024, SAS DU 8 MAI achieves revenue of 627 k€. Revenue is growing positively over 8 years (CAGR: +1.1%). Vs 2023, growth of +13% (554 k€ -> 627 k€). After deducting consumption (0 €), gross margin stands at 627 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 485 k€, representing 77.4% of revenue. Warning negative scissor effect: despite revenue change (+13%), EBITDA varies by +1%, reducing margin by 9.7 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 232 k€, i.e. 37.0% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 34%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 74%. 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 3.2 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 61.9% 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 4312.47. 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 4.1x. 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: 3 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 124 days. Excellent situation: suppliers finance 121 days of the operating cycle (retail model). Overall, WCR represents 1308 days of revenue, i.e. 2.3 M€ to permanently finance. Over 2016-2024, WCR increased by +81079%, requiring additional financing.

Based on 169 transactions of similar company sales in 2024, the value of SAS DU 8 MAI is estimated at 1 826 180 € (range 512 596€ - 3 280 946€). With an EBITDA of 485 011€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (in line with sector norms). 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.