SOCIETE BATIPLATRE PROVENCE : revenue, balance sheet and financial ratios

In 2024, SOCIETE BATIPLATRE PROVENCE achieves revenue of 48 k€. Activity remains stable over the period (CAGR: -3.0%). Significant drop of -30% vs 2023. After deducting consumption (605 €), gross margin stands at 47 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5 k€, representing 11.1% of revenue. Warning negative scissor effect: despite revenue change (-30%), EBITDA varies by -73%, reducing margin by 17.1 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 7 k€, i.e. 13.6% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 78%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 23%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 15.4% 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 129.02. 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 4.1x. 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: 691 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 101 days. The gap of 590 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 129 days of revenue, i.e. 17 k€ to permanently finance. Notable WCR improvement over the period (-39%), freeing up cash.

Based on 113 transactions of similar company sales (all years), the value of SOCIETE BATIPLATRE PROVENCE is estimated at 14 505 € (range 5 848€ - 30 028€). With an EBITDA of 5 313€, the sector multiple of 3.6x is applied. The price/revenue ratio is 0.11x (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.