SOCIETE HOTELIERE DU PLATEAU D AVRON EN ABREGE SHPA : revenue, balance sheet and financial ratios

In 2024, SOCIETE HOTELIERE DU PLATEAU D AVRON EN ABREGE SHPA achieves revenue of 1.2 M€. Revenue is growing positively over 9 years (CAGR: +2.2%). Vs 2023: +3%. After deducting consumption (39 k€), gross margin stands at 1.1 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 257 k€, representing 21.9% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -119 k€ (-10.2% of revenue), which will impact equity.

The debt ratio (= Financial debt / Equity x 100) stands at 870%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 9%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 15.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 10.5% 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 24.55. 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 14.8x. 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: 4 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. Excellent situation: suppliers finance 44 days of the operating cycle (retail model). Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-41 days): operations structurally generate cash. Notable WCR improvement over the period (-82%), freeing up cash.

Based on 99 transactions of similar company sales in 2024, the value of SOCIETE HOTELIERE DU PLATEAU D AVRON EN ABREGE SHPA is estimated at 1 005 152 € (range 297 843€ - 1 867 219€). With an EBITDA of 256 781€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.54x (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.