SEA-CS-CHARLES SOBOUL SUD EST ACOUSTIQUE-ETUDES ET CONSEILS : revenue, balance sheet and financial ratios

In 2024, SEA-CS-CHARLES SOBOUL SUD EST ACOUSTIQUE-ETUDES ET CONSEILS achieves revenue of 408 k€. Activity remains stable over the period (CAGR: -4.7%). Slight decline of -1% vs 2023. After deducting consumption (33 k€), gross margin stands at 375 k€, i.e. a rate of 92%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 37 k€, representing 9.1% of revenue. Warning negative scissor effect: despite revenue change (-1%), EBITDA varies by -62%, reducing margin by 14.6 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 36 k€, i.e. 8.7% 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 94%. 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 9.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

The liquidity ratio (= Current assets / Current liabilities) stands at 1753.47. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 12 days. Favorable situation: supplier credit is longer than customer credit by 12 days. Inventory turnover is 27 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 49 days of revenue, i.e. 56 k€ to permanently finance. Over 2017-2024, WCR increased by +1385%, requiring additional financing.

Based on 65 transactions of similar company sales in 2024, the value of SEA-CS-CHARLES SOBOUL SUD EST ACOUSTIQUE-ETUDES ET CONSEILS is estimated at 69 781 € (range 35 642€ - 115 133€). With an EBITDA of 37 347€, the sector multiple of 1.6x is applied. The price/revenue ratio is 0.15x (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.