SOCIETE DE PARTICIPATION DE MAISONS DE RETRAITE : revenue, balance sheet and financial ratios

In 2024, SOCIETE DE PARTICIPATION DE MAISONS DE RETRAITE achieves revenue of 903 k€. Activity remains stable over the period (CAGR: -4.0%). Vs 2023: +6%. After deducting consumption (0 €), gross margin stands at 903 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 368 k€, representing 40.8% of revenue. Warning negative scissor effect: despite revenue change (+6%), EBITDA varies by -16%, reducing margin by 10.9 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 2.5 M€, i.e. 279.8% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 10%. 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 90%. 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 0.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 262.3% 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 11056.39. 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 220.0x. 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: 48 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 83 days. Excellent situation: suppliers finance 35 days of the operating cycle (retail model). Overall, WCR represents 2614 days of revenue, i.e. 6.6 M€ to permanently finance.

Based on 62 transactions of similar company sales in 2024, the value of SOCIETE DE PARTICIPATION DE MAISONS DE RETRAITE is estimated at 4 699 383 € (range 1 377 451€ - 9 614 662€). With an EBITDA of 368 071€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.30x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.