S.N.V.A. - EUROPE AUTOCARS - ISERE - SAVOIE - GELON : revenue, balance sheet and financial ratios

In 2024, S.N.V.A. - EUROPE AUTOCARS - ISERE - SAVOIE - GELON achieves revenue of 9.3 M€. Revenue is growing positively over 9 years (CAGR: +4.3%). Vs 2023, growth of +13% (8.2 M€ -> 9.3 M€). After deducting consumption (1.5 M€), gross margin stands at 7.8 M€, i.e. a rate of 84%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 717 k€, representing 7.7% of revenue. Warning negative scissor effect: despite revenue change (+13%), EBITDA varies by -11%, reducing margin by 2.0 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 685 k€, i.e. 7.4% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 27%. 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 49%. 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 1.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.5% 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 230.76. 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 2.1x. 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: 57 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 34 days. The company must finance 23 days of gap between collections and payments. Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 40 days of revenue, i.e. 1.0 M€ to permanently finance.

Based on 206 transactions of similar company sales (all years), the value of S.N.V.A. - EUROPE AUTOCARS - ISERE - SAVOIE - GELON is estimated at 3 334 900 € (range 1 437 175€ - 6 374 988€). With an EBITDA of 716 623€, the sector multiple of 4.2x is applied. The price/revenue ratio is 0.48x (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.