SOCIETE GARONNAISE AGRO ALIMENTAIRE THOMAS : revenue, balance sheet and financial ratios

In 2024, SOCIETE GARONNAISE AGRO ALIMENTAIRE THOMAS achieves revenue of 2.1 M€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +14.1%. Vs 2023, growth of +13% (1.9 M€ -> 2.1 M€). After deducting consumption (-2 k€), gross margin stands at 2.1 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 324 k€, representing 15.1% of revenue. Warning negative scissor effect: despite revenue change (+13%), EBITDA varies by -31%, reducing margin by 9.8 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 4.7 M€, i.e. 218.7% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 24%. 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 77%. 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 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 227.9% 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 1188.55. 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 19.9x. 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: 42 days. The company must finance 1 days of gap between collections and payments. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 210 days of revenue, i.e. 1.2 M€ to permanently finance.

Based on 103 transactions of similar company sales in 2024, the value of SOCIETE GARONNAISE AGRO ALIMENTAIRE THOMAS is estimated at 9 949 606 € (range 3 309 101€ - 25 782 067€). With an EBITDA of 323 892€, the sector multiple of 5.0x is applied. The price/revenue ratio is 0.38x (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.