SOCIETE D'INVESTISSEMENTS MOURET : revenue, balance sheet and financial ratios

In 2024, SOCIETE D'INVESTISSEMENTS MOURET achieves revenue of 76 k€. Revenue is declining over the period 2022-2024 (CAGR: -5.6%). Significant drop of -10% vs 2023. After deducting consumption (0 €), gross margin stands at 76 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 24 k€, representing 31.6% of revenue. Warning negative scissor effect: despite revenue change (-10%), EBITDA varies by -45%, reducing margin by 19.5 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -165 k€ (-217.6% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at 38%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 72%. 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 20.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 23.5% 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 3480.01. 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 1164.3x. 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: 96 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 52 days. The gap of 44 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 101 days of revenue, i.e. 21 k€ to permanently finance.

Based on 54 transactions of similar company sales in 2024, the value of SOCIETE D'INVESTISSEMENTS MOURET is estimated at 89 262 € (range 22 690€ - 144 878€). With an EBITDA of 23 995€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.59x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.