Employees: NN (None)Legal category: SCA (commandite par actions)Size: PMECreation date: 2012-03-01 (14 years)Status: ActiveBusiness sector: Location de logementsLocation: NICE (06300), Alpes-Maritimes
SMART ECO LOGIS : revenue, balance sheet and financial ratios
SMART ECO LOGIS is a French company
founded 14 years ago,
specialized in the sector Location de logements.
Based in NICE (06300),
this company of category PME
shows in 2019 a revenue of 150 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - SMART ECO LOGIS (SIREN 750226508)
Indicator
2019
2017
2016
Revenue
149 747 €
88 163 €
91 822 €
Net income
32 601 €
28 245 €
30 862 €
EBITDA
42 702 €
37 763 €
39 699 €
Net margin
21.8%
32.0%
33.6%
Revenue and income statement
In 2019, SMART ECO LOGIS achieves revenue of 150 k€. Over the period 2016-2019, the company shows strong growth with a CAGR (compound annual growth rate) of +17.7%. Vs 2017, growth of +70% (88 k€ -> 150 k€). After deducting consumption (40 k€), gross margin stands at 110 k€, i.e. a rate of 73%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 43 k€, representing 28.5% of revenue. Warning negative scissor effect: despite revenue change (+70%), EBITDA varies by +13%, reducing margin by 14.3 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 33 k€, i.e. 21.8% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2019)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
149 747 €
Gross margin (2019)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
109 747 €
EBITDA (2019)
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Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity
42 702 €
EBIT (2019)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
39 215 €
Net income (2019)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
32 601 €
EBITDA margin (2019)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
28.5%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
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Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 18%. 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 11%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 24.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
Debt ratio (2019)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
18.427%
Financial autonomy (2019)
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Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy 20-30% : Average < 20% : Low
10.627%
Cash flow / Revenue (2019)
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Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates
24.099%
Repayment capacity (2019)
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Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent 3-5 years : Fair > 5 years : Warning
0.687
Asset age ratio (2019)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2019
Debt ratio
0.0
61.672
18.427
Financial autonomy
0.0
19.419
10.627
Repayment capacity
0.0
1.404
0.687
Cash flow / Revenue
37.302%
35.882%
24.099%
Sector positioning
Debt ratio
18.432019
2016
2017
2019
Q1: -251.95
Med: 0.0
Q3: 120.35
Average
In 2019, the debt ratio of SMART ECO LOGIS (18.43) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
10.63%2019
2016
2017
2019
Q1: 0.51%
Med: 47.03%
Q3: 98.7%
Average+5 pts over 3 years
In 2019, the financial autonomy of SMART ECO LOGIS (10.6%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
Repayment capacity
0.69 years2019
2016
2017
2019
Q1: 0.0 years
Med: 0.77 years
Q3: 17.8 years
Good+22 pts over 3 years
In 2019, the repayment capacity of SMART ECO LOGIS (0.69) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 173.54. 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 1.8x. Coverage is limited: any activity downturn would jeopardize interest payments.
Liquidity ratio (2019)
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Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good 1-1.5 : Fair < 1 : Liquidity risk
173.545
Interest coverage (2019)
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Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable 1.5-3 : Acceptable < 1.5 : Risk
1.763
Liquidity indicators evolution SMART ECO LOGIS
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2019
Liquidity ratio
106.175
111.994
173.545
Interest coverage
0.0
3.024
1.763
Sector positioning
Liquidity ratio
173.542019
2016
2017
2019
Q1: 9.61
Med: 128.1
Q3: 813.88
Good+8 pts over 3 years
In 2019, the liquidity ratio of SMART ECO LOGIS (173.54) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
Interest coverage
1.76x2019
2016
2017
2019
Q1: 0.0x
Med: 0.05x
Q3: 24.52x
Good+27 pts over 3 years
In 2019, the interest coverage of SMART ECO LOGIS (1.8x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) and payment terms
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: 2 days. Favorable situation: supplier credit is longer than customer credit by 2 days. Inventory turnover is 231 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 87 days of revenue, i.e. 36 k€ to permanently finance. Over 2016-2019, WCR increased by +206%, requiring additional financing.
Operating WCR (2019)
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Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released Positive = financing needed
36 236 €
Customer credit (2019)
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Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good 45-60j : Average > 60j : Long
0 j
Supplier credit (2019)
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Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow
2 j
Inventory turnover (2019)
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Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover
231 j
WCR in days of revenue (2019)
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WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management
87 j
WCR and payment terms evolution SMART ECO LOGIS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2019
Operating WCR
-34 224 €
-8 233 €
36 236 €
Inventory turnover (days)
376
392
231
Customer payment term (days)
5
6
0
Supplier payment term (days)
3
0
2
Positioning of SMART ECO LOGIS in its sector
Comparison with sector Location de logements
Valuation estimate
Based on 234 transactions of similar company sales
in 2019,
the value of SMART ECO LOGIS is estimated at
189 145 €
(range 67 762€ - 360 264€).
With an EBITDA of 42 702€, the sector multiple of 5.5x is applied.
The price/revenue ratio is 0.69x
(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.
Estimated enterprise value2019
234 transactions
67k€189k€360k€
189 145 €Range: 67 762€ - 360 264€
NAF 5 année 2019
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
42 702 €×5.5x
Estimation232 945 €
74 520€ - 447 226€
Revenue Multiple30%
149 747 €×0.69x
Estimation103 175 €
49 315€ - 174 206€
Net Income Multiple20%
32 601 €×6.4x
Estimation208 604 €
78 541€ - 421 947€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 234 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
Net Income Multiple: Relevant for mature companies with stable results.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Similar companies (Location de logements)
Compare SMART ECO LOGIS with other companies in the same sector:
Yes, SMART ECO LOGIS generated a net profit of 33 k€ in 2019.
Where is the headquarters of SMART ECO LOGIS ?
The headquarters of SMART ECO LOGIS is located in NICE (06300), in the department Alpes-Maritimes.
Where to find the tax return of SMART ECO LOGIS ?
The tax return of SMART ECO LOGIS is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).
In which sector does SMART ECO LOGIS operate?
SMART ECO LOGIS operates in the sector Location de logements (NAF code 68.20A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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