SOFEVAL VALENCAY : revenue, balance sheet and financial ratios

In 2024, SOFEVAL VALENCAY achieves revenue of 8.0 M€. Revenue is growing positively over 9 years (CAGR: +1.0%). Vs 2023, growth of +38% (5.8 M€ -> 8.0 M€). After deducting consumption (2.2 M€), gross margin stands at 5.8 M€, i.e. a rate of 72%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 527 k€, representing 6.6% of revenue. Warning negative scissor effect: despite revenue change (+38%), EBITDA varies by -33%, reducing margin by 6.9 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 376 k€, i.e. 4.7% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 5%. 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 41%. 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 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 171.90. 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 2.3x. Financial charges are adequately covered by operations.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 32 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 38 days. Favorable situation: supplier credit is longer than customer credit by 6 days. Inventory turnover is 57 days (= Average inventory / Cost of goods x 360). WCR is negative (-9 days): operations structurally generate cash. Notable WCR improvement over the period (-116%), freeing up cash.

Based on 56 transactions of similar company sales (all years), the value of SOFEVAL VALENCAY is estimated at 726 324 € (range 443 221€ - 1 550 336€). With an EBITDA of 527 354€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.13x (conservative valuation). 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.