SOCIETE D'ECONOMIE MIXTE IMMOBILIERE DE PEYRAGUDE : revenue, balance sheet and financial ratios

In 2024, SOCIETE D'ECONOMIE MIXTE IMMOBILIERE DE PEYRAGUDE achieves revenue of 167 k€. Activity remains stable over the period (CAGR: -3.3%). Vs 2023: +1%. After deducting consumption (0 €), gross margin stands at 167 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 109 k€, representing 65.7% of 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 22 k€, i.e. 13.2% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 116%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 45%. 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 11.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 53.5% 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 1297.83. 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 18.5x. 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: 91 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 220 days. Excellent situation: suppliers finance 129 days of the operating cycle (retail model). Overall, WCR represents 101 days of revenue, i.e. 47 k€ to permanently finance. Notable WCR improvement over the period (-89%), freeing up cash.

Based on 113 transactions of similar company sales (all years), the value of SOCIETE D'ECONOMIE MIXTE IMMOBILIERE DE PEYRAGUDE is estimated at 216 024 € (range 82 749€ - 332 834€). With an EBITDA of 109 424€, 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.