SOCIETE MARSEILLAISE DE RESTAURATION ET SERVICES : revenue, balance sheet and financial ratios

In 2025, SOCIETE MARSEILLAISE DE RESTAURATION ET SERVICES achieves revenue of 32.9 M€. Over the period 2015-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +5.4%. Vs 2024: +8%. After deducting consumption (15.7 M€), gross margin stands at 17.2 M€, i.e. a rate of 52%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.9 M€, representing 5.8% of revenue. Positive scissor effect: EBITDA margin improves by +5.7 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -930 k€ (-2.8% of revenue), which will impact equity.

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 -17%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 5.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

The liquidity ratio (= Current assets / Current liabilities) stands at 86.61. 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 7.9x. 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: 331 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 33 days. The gap of 298 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-38 days): operations structurally generate cash. Notable WCR improvement over the period (-35%), freeing up cash.

Based on 204 transactions of similar company sales (all years), the value of SOCIETE MARSEILLAISE DE RESTAURATION ET SERVICES is estimated at 14 462 989 € (range 7 922 302€ - 22 582 442€). With an EBITDA of 1 909 109€, the sector multiple of 5.5x is applied. The price/revenue ratio is 0.64x (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.