SOCIETE DE GESTION DE TERMINAUX INFORMATIQUES : revenue, balance sheet and financial ratios

In 2024, SOCIETE DE GESTION DE TERMINAUX INFORMATIQUES achieves revenue of 14.5 M€. Activity remains stable over the period (CAGR: -1.1%). Vs 2023: +3%. After deducting consumption (-4 €), gross margin stands at 14.5 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 1.6 M€, representing 11.0% of revenue. Warning negative scissor effect: despite revenue change (+3%), EBITDA varies by -27%, reducing margin by 4.5 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 1.9 M€, i.e. 13.0% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 5%. 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 67%. 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 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 10.0% 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 348.74. 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 6.5x. 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: 73 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 45 days. The company must finance 28 days of gap between collections and payments. Overall, WCR represents 1 days of revenue, i.e. 37 k€ to permanently finance. Notable WCR improvement over the period (-99%), freeing up cash.

Based on 103 transactions of similar company sales (all years), the value of SOCIETE DE GESTION DE TERMINAUX INFORMATIQUES is estimated at 2 312 523 € (range 902 144€ - 6 397 487€). With an EBITDA of 1 592 953€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.25x (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.