SOC COOP AGRIC LES COLLINES DU BOURDIC : revenue, balance sheet and financial ratios

In 2024, SOC COOP AGRIC LES COLLINES DU BOURDIC achieves revenue of 13.2 M€. Revenue is growing positively over 8 years (CAGR: +0.9%). Vs 2023: +2%. After deducting consumption (10.4 M€), gross margin stands at 2.8 M€, i.e. a rate of 22%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 286 k€, representing 2.2% of revenue. Warning negative scissor effect: despite revenue change (+2%), EBITDA varies by -59%, reducing margin by 3.3 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -270 k€ (-2.0% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at 93%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 47%. 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 27.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 916.93. 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 11.1x. 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: 99 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 27 days. The gap of 72 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 123 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 235 days of revenue, i.e. 8.6 M€ to permanently finance. Over 2016-2024, WCR increased by +28%, requiring additional financing.

Based on 55 transactions of similar company sales (all years), the value of SOC COOP AGRIC LES COLLINES DU BOURDIC is estimated at 2 192 366 € (range 1 173 274€ - 5 316 610€). With an EBITDA of 286 262€, the sector multiple of 2.8x is applied. The price/revenue ratio is 0.34x (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.