SPORT VAL D'ALLIER : revenue, balance sheet and financial ratios

In 2025, SPORT VAL D'ALLIER achieves revenue of 8.3 M€. Over the period 2017-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +20.5%. Vs 2024: +5%. After deducting consumption (5.0 M€), gross margin stands at 3.3 M€, i.e. a rate of 39%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 615 k€, representing 7.4% of revenue. Positive scissor effect: EBITDA margin improves by +3.3 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 354 k€, i.e. 4.3% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 72%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 45%. 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 2.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.6% 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 270.91. 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 7.6x. 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: 5 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 31 days. Favorable situation: supplier credit is longer than customer credit by 26 days. Inventory turnover is 87 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 94 days of revenue, i.e. 2.2 M€ to permanently finance. Over 2017-2025, WCR increased by +149%, requiring additional financing.

Based on 239 transactions of similar company sales (all years), the value of SPORT VAL D'ALLIER is estimated at 2 071 218 € (range 945 711€ - 3 619 501€). With an EBITDA of 615 091€, the sector multiple of 3.4x is applied. The price/revenue ratio is 0.28x (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.