SOCIETE D'EXPLOITATION AMIDIS ET COMPAGNIE : revenue, balance sheet and financial ratios

In 2024, SOCIETE D'EXPLOITATION AMIDIS ET COMPAGNIE achieves revenue of 69.1 M€. Revenue is growing positively over 9 years (CAGR: +3.9%). Slight decline of -0% vs 2023. After deducting consumption (21 k€), gross margin stands at 69.1 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 22.8 M€, representing 33.0% 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 254.6 M€, i.e. 368.5% 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 97%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 398.3% 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 383.63. 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 113.4x. 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: 43 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 57 days. Favorable situation: supplier credit is longer than customer credit by 14 days. Inventory turnover is 25 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 380 days of revenue, i.e. 73.0 M€ to permanently finance. Over 2016-2024, WCR increased by +112%, requiring additional financing.

Based on 169 transactions of similar company sales in 2024, the value of SOCIETE D'EXPLOITATION AMIDIS ET COMPAGNIE is estimated at 427 430 403 € (range 127 584 482€ - 774 464 666€). With an EBITDA of 22 764 522€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (in line with sector norms). 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.