SOCIETE D'ABATTAGE DE GRAND COUDE : revenue, balance sheet and financial ratios

In 2024, SOCIETE D'ABATTAGE DE GRAND COUDE achieves revenue of 2.9 M€. Activity remains stable over the period (CAGR: -1.7%). Slight decline of -5% vs 2023. After deducting consumption (72 k€), gross margin stands at 2.9 M€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 334 k€, representing 11.4% of revenue. Warning negative scissor effect: despite revenue change (-5%), EBITDA varies by -47%, reducing margin by 9.0 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 301 k€, i.e. 10.3% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 82%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 13.2% 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 542.60. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 50 days. Excellent situation: suppliers finance 50 days of the operating cycle (retail model). Inventory turnover is 10 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 6 days of revenue, i.e. 48 k€ to permanently finance. Notable WCR improvement over the period (-98%), freeing up cash.

Based on 164 transactions of similar company sales (all years), the value of SOCIETE D'ABATTAGE DE GRAND COUDE is estimated at 1 002 435 € (range 434 726€ - 2 261 716€). With an EBITDA of 333 746€, the sector multiple of 3.3x is applied. The price/revenue ratio is 0.26x (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.