SOCIETE GESTION LA NORMA VALFREJUS : revenue, balance sheet and financial ratios

In 2025, SOCIETE GESTION LA NORMA VALFREJUS achieves revenue of 9.9 M€. Over the period 2017-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +11.4%. Vs 2024: +1%. After deducting consumption (253 k€), gross margin stands at 9.6 M€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 470 k€, representing 4.7% of revenue. Warning negative scissor effect: despite revenue change (+1%), EBITDA varies by -70%, reducing margin by 11.0 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -295 k€ (-3.0% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at 3%. 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 93%. 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 18.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 215.16. 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 27.7x. 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: 11 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 40 days. Favorable situation: supplier credit is longer than customer credit by 29 days. Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 16 days of revenue, i.e. 449 k€ to permanently finance. Over 2017-2025, WCR increased by +208%, requiring additional financing.

Based on 73 transactions of similar company sales (all years), the value of SOCIETE GESTION LA NORMA VALFREJUS is estimated at 3 304 937 € (range 1 343 269€ - 5 310 629€). With an EBITDA of 469 525€, the sector multiple of 4.0x is applied. The price/revenue ratio is 0.57x (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.