SOCIETE SAINT MARTINOISE DE CONSTRUCTION : SAMACO : revenue, balance sheet and financial ratios

In 2024, SOCIETE SAINT MARTINOISE DE CONSTRUCTION : SAMACO achieves revenue of 588 k€. Activity remains stable over the period (CAGR: -1.6%). Vs 2019, growth of +97% (299 k€ -> 588 k€). After deducting consumption (0 €), gross margin stands at 588 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 332 k€, representing 56.4% of revenue. Warning negative scissor effect: despite revenue change (+97%), EBITDA varies by +27%, reducing margin by 31.1 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 354 k€, i.e. 60.1% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 42%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 59%. 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 3.6 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 87.6% 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 233.78. 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 10.0x. 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: 29 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 255 days. Excellent situation: suppliers finance 226 days of the operating cycle (retail model). Overall, WCR represents 798 days of revenue, i.e. 1.3 M€ to permanently finance. Notable WCR improvement over the period (-24%), freeing up cash.

Based on 169 transactions of similar company sales in 2024, the value of SOCIETE SAINT MARTINOISE DE CONSTRUCTION : SAMACO is estimated at 1 553 734 € (range 445 336€ - 2 798 793€). With an EBITDA of 331 902€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (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.