S.E.H.B. SARL SOCIETE D'EXPLOITATION HOTELIERE DE BOURG EN BRESSE SARL : revenue, balance sheet and financial ratios

In 2023, S.E.H.B. SARL SOCIETE D'EXPLOITATION HOTELIERE DE BOURG EN BRESSE SARL achieves revenue of 873 k€. Revenue is growing positively over 7 years (CAGR: +1.5%). Vs 2022: +2%. After deducting consumption (69 k€), gross margin stands at 804 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 128 k€, representing 14.7% of revenue. Warning negative scissor effect: despite revenue change (+2%), EBITDA varies by -18%, reducing margin by 3.4 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 19 k€, i.e. 2.2% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 29%. 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 59%. 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 2.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 365.91. 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 8.1x. 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: 8 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 77 days. Excellent situation: suppliers finance 69 days of the operating cycle (retail model). Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-47 days): operations structurally generate cash.

Based on 108 transactions of similar company sales in 2023, the value of S.E.H.B. SARL SOCIETE D'EXPLOITATION HOTELIERE DE BOURG EN BRESSE SARL is estimated at 446 693 € (range 171 144€ - 988 300€). With an EBITDA of 128 118€, the sector multiple of 3.7x is applied. The price/revenue ratio is 0.74x (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.