SOC PRODUC D ELEC D HAUCOURT MOULAINE : revenue, balance sheet and financial ratios

In 2024, SOC PRODUC D ELEC D HAUCOURT MOULAINE achieves revenue of 441 k€. Revenue is growing positively over 9 years (CAGR: +2.5%). Significant drop of -14% vs 2023. After deducting consumption (0 €), gross margin stands at 441 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 249 k€, representing 56.4% of revenue. Warning negative scissor effect: despite revenue change (-14%), EBITDA varies by -35%, reducing margin by 17.9 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 210 k€, i.e. 47.5% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 1%. 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 86%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 57.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

The liquidity ratio (= Current assets / Current liabilities) stands at 431.13. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 37 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 73 days. Excellent situation: suppliers finance 36 days of the operating cycle (retail model). WCR is negative (-417 days): operations structurally generate cash. Over 2016-2024, WCR increased by +66%, requiring additional financing.

Based on 85 transactions of similar company sales (all years), the value of SOC PRODUC D ELEC D HAUCOURT MOULAINE is estimated at 512 908 € (range 81 661€ - 2 037 952€). With an EBITDA of 248 529€, the sector multiple of 2.4x 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.
Medium reliability: estimate to be confirmed with in-depth analysis.