SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION : revenue, balance sheet and financial ratios

SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION is a French company founded 55 years ago, specialized in the sector Location de logements. Based in SAINT-DENIS (97400), this company of category GE shows in 2020 a revenue of 156.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION (SIREN 310895172)
Indicator 2020 2016
Revenue 156 049 790 € 135 131 806 €
Net income 13 030 759 € 12 345 841 €
EBITDA 63 873 648 € 48 268 748 €
Net margin 8.4% 9.1%

Revenue and income statement

In 2020, SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION achieves revenue of 156.0 M€. Vs 2016, growth of +15% (135.1 M€ -> 156.0 M€). After deducting consumption (0 €), gross margin stands at 156.0 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 63.9 M€, representing 40.9% of revenue. Positive scissor effect: EBITDA margin improves by +5.2 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 13.0 M€, i.e. 8.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

156 049 790 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

156 049 790 €

EBITDA (2020) ?
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

63 873 648 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

11 626 027 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

13 030 759 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

39.8%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 172%. 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 34%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 21.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 35.1% 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 (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

172.075%

Financial autonomy (2020) ?
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

33.867%

Cash flow / Revenue (2020) ?
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

35.054%

Repayment capacity (2020) ?
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

21.434

Asset age ratio (2020) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

65.3%

Solvency indicators evolution
SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION

Sector positioning

Debt ratio
172.07 2020
2016
2020
Q1: -284.03
Med: 0.0
Q3: 132.5
Average

In 2020, the debt ratio of SOCIETE ANONYME D'HABITAT... (172.07) 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
33.87% 2020
2016
2020
Q1: 0.34%
Med: 45.07%
Q3: 98.3%
Average

In 2020, the financial autonomy of SOCIETE ANONYME D'HABITAT... (33.9%) 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
21.43 years 2020
2016
2020
Q1: 0.0 years
Med: 0.3 years
Q3: 17.02 years
Average

In 2020, the repayment capacity of SOCIETE ANONYME D'HABITAT... (21.43) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 323.01. 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 16.5x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2020) ?
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

323.012

Interest coverage (2020) ?
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

16.518

Liquidity indicators evolution
SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION

Sector positioning

Liquidity ratio
323.01 2020
2016
2020
Q1: 11.01
Med: 132.1
Q3: 739.36
Good

In 2020, the liquidity ratio of SOCIETE ANONYME D'HABITAT... (323.01) 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
16.52x 2020
2016
2020
Q1: 0.0x
Med: 0.0x
Q3: 20.72x
Good +10 pts over 2 years

In 2020, the interest coverage of SOCIETE ANONYME D'HABITAT... (16.5x) 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: 41 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 55 days. Favorable situation: supplier credit is longer than customer credit by 14 days. Inventory turnover is 93 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 430 days of revenue, i.e. 186.2 M€ to permanently finance.

Operating WCR (2020) ?
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

186 197 049 €

Customer credit (2020) ?
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

41 j

Supplier credit (2020) ?
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

55 j

Inventory turnover (2020) ?
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

93 j

WCR in days of revenue (2020) ?
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

430 j

WCR and payment terms evolution
SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION

Positioning of SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION in its sector

Comparison with sector Location de logements

Valuation estimate

Based on 193 transactions of similar company sales in 2020, the value of SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION is estimated at 240 734 234 € (range 104 766 870€ - 365 978 650€). With an EBITDA of 63 873 648€, the sector multiple of 6.2x is applied. The price/revenue ratio is 0.62x (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 value 2020
193 transactions
104766k€ 240734k€ 365978k€
240 734 234 € Range: 104 766 870€ - 365 978 650€
NAF 5 année 2020

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
63 873 648 € × 6.2x
Estimation 396 090 606 €
163 197 355€ - 541 555 551€
Revenue Multiple 30%
156 049 790 € × 0.62x
Estimation 96 901 501 €
60 057 085€ - 214 673 746€
Net Income Multiple 20%
13 030 759 € × 5.2x
Estimation 68 092 408 €
25 755 339€ - 153 993 754€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 193 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 SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION with other companies in the same sector:

Voir toutes les statistiques du secteur Location de logements

Frequently asked questions about SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION

What is the revenue of SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION ?

The revenue of SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION in 2020 is 156.0 M€.

Is SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION profitable?

Yes, SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION generated a net profit of 13.0 M€ in 2020.

Where is the headquarters of SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION ?

The headquarters of SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION is located in SAINT-DENIS (97400), in the department La Reunion.

Where to find the tax return of SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION ?

The tax return of SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION 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 SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION operate?

SOCIETE ANONYME D'HABITATIONS A LOYER MODERE DE LA REUNION operates in the sector Location de logements (NAF code 68.20A). See the 'Sector positioning' section above to compare the company with its competitors.