SOCIETE SAVOISIENNE D'ETUDES ET DE PARTICIPATIONS : revenue, balance sheet and financial ratios

In 2024, SOCIETE SAVOISIENNE D'ETUDES ET DE PARTICIPATIONS achieves revenue of 622 k€. Revenue is growing positively over 7 years (CAGR: +3.1%). Vs 2023: +4%. After deducting consumption (0 €), gross margin stands at 622 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 64 k€, representing 10.3% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 770 k€, i.e. 123.7% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 12%. 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 86%. 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 0.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 119.0% 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 2143.21. 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 203.6x. 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: 13 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 65 days. Excellent situation: suppliers finance 52 days of the operating cycle (retail model). WCR is negative (-105 days): operations structurally generate cash. Notable WCR improvement over the period (-64%), freeing up cash.

Based on 54 transactions of similar company sales in 2024, the value of SOCIETE SAVOISIENNE D'ETUDES ET DE PARTICIPATIONS is estimated at 489 599 € (range 237 953€ - 1 547 427€). With an EBITDA of 64 074€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.59x (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.