SOC D'ECONOMIE MIXTE POUR L'EXPLOITATION : revenue, balance sheet and financial ratios

In 2024, SOC D'ECONOMIE MIXTE POUR L'EXPLOITATION achieves revenue of 28.7 M€. Revenue is growing positively over 9 years (CAGR: +4.2%). Vs 2023: +2%. After deducting consumption (2.6 M€), gross margin stands at 26.1 M€, i.e. a rate of 91%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.8 M€, representing 13.3% of revenue. This level of operating margin is satisfactory for the sector. Net income is negative at -3.6 M€ (-12.5% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at 248%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 25%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 38.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 5.1% 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 91.96. 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 66.2x. 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: 6 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 34 days. Favorable situation: supplier credit is longer than customer credit by 28 days. Inventory turnover is 8 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-85 days): operations structurally generate cash. Notable WCR improvement over the period (-1845%), freeing up cash.

Based on 99 transactions of similar company sales in 2024, the value of SOC D'ECONOMIE MIXTE POUR L'EXPLOITATION is estimated at 17 253 796 € (range 5 573 409€ - 33 046 828€). With an EBITDA of 3 822 086€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.54x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.