STAR EUROPE IMMOBILIER : revenue, balance sheet and financial ratios

STAR EUROPE IMMOBILIER is a French company founded 34 years ago, specialized in the sector Administration d'immeubles et autres biens immobiliers. Based in SAINT-DENIS (97490), this company of category PME shows in 2018 a revenue of 353 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - STAR EUROPE IMMOBILIER (SIREN 382235331)
Indicator 2018 2017 2016
Revenue 352 613 € 288 640 € 389 408 €
Net income 78 809 € 46 654 € 147 514 €
EBITDA 73 129 € 39 190 € 170 283 €
Net margin 22.3% 16.2% 37.9%

Revenue and income statement

In 2018, STAR EUROPE IMMOBILIER achieves revenue of 353 k€. Activity remains stable over the period (CAGR: -4.8%). Vs 2017, growth of +22% (289 k€ -> 353 k€). After deducting consumption (5 k€), gross margin stands at 347 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 73 k€, representing 20.7% of revenue. Positive scissor effect: EBITDA margin improves by +7.2 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 79 k€, i.e. 22.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2018) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

352 613 €

Gross margin (2018) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

347 384 €

EBITDA (2018) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

73 129 €

EBIT (2018) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

70 487 €

Net income (2018) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

78 809 €

EBITDA margin (2018) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

20.7%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 3%. 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 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 22.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2018) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

3.309%

Financial autonomy (2018) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

12.746%

Cash flow / Revenue (2018) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

22.843%

Repayment capacity (2018) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.105

Asset age ratio (2018) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

23.2%

Solvency indicators evolution
STAR EUROPE IMMOBILIER

Sector positioning

Debt ratio
3.31 2018
2016
2017
2018
Q1: 0.0
Med: 7.15
Q3: 65.36
Good +12 pts over 3 years

In 2018, the debt ratio of STAR EUROPE IMMOBILIER (3.31) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
12.75% 2018
2016
2017
2018
Q1: 4.63%
Med: 17.64%
Q3: 48.32%
Average

In 2018, the financial autonomy of STAR EUROPE IMMOBILIER (12.8%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.1 years 2018
2016
2017
2018
Q1: 0.0 years
Med: 0.09 years
Q3: 2.83 years
Average +25 pts over 3 years

In 2018, the repayment capacity of STAR EUROPE IMMOBILIER (0.10) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 114.00. 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 0.4x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2018) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

114.004

Interest coverage (2018) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.427

Liquidity indicators evolution
STAR EUROPE IMMOBILIER

Sector positioning

Liquidity ratio
114.0 2018
2016
2017
2018
Q1: 99.05
Med: 113.04
Q3: 296.11
Good

In 2018, the liquidity ratio of STAR EUROPE IMMOBILIER (114.00) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.43x 2018
2016
2017
2018
Q1: 0.0x
Med: 0.0x
Q3: 4.9x
Good

In 2018, the interest coverage of STAR EUROPE IMMOBILIER (0.4x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 68 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 106 days. Excellent situation: suppliers finance 38 days of the operating cycle (retail model). WCR is negative (-1304 days): operations structurally generate cash. Notable WCR improvement over the period (-72%), freeing up cash.

Operating WCR (2018) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

-1 277 178 €

Customer credit (2018) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

68 j

Supplier credit (2018) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

106 j

Inventory turnover (2018) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2018) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

-1304 j

WCR and payment terms evolution
STAR EUROPE IMMOBILIER

Positioning of STAR EUROPE IMMOBILIER in its sector

Comparison with sector Administration d'immeubles et autres biens immobiliers

Valuation estimate

Based on 64 transactions of similar company sales in 2018, the value of STAR EUROPE IMMOBILIER is estimated at 108 048 € (range 47 285€ - 248 852€). With an EBITDA of 73 129€, the sector multiple of 1.2x is applied. The price/revenue ratio is 0.30x (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.

Estimated enterprise value 2018
64 tx
47k€ 108k€ 248k€
108 048 € Range: 47 285€ - 248 852€
NAF 5 année 2018

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
73 129 € × 1.2x
Estimation 87 403 €
44 334€ - 180 190€
Revenue Multiple 30%
352 613 € × 0.30x
Estimation 107 096 €
67 325€ - 258 029€
Net Income Multiple 20%
78 809 € × 2.0x
Estimation 161 091 €
24 604€ - 406 747€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 64 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Administration d'immeubles et autres biens immobiliers)

Compare STAR EUROPE IMMOBILIER with other companies in the same sector:

Voir toutes les statistiques du secteur Administration d'immeubles et autres biens immobiliers

Frequently asked questions about STAR EUROPE IMMOBILIER

What is the revenue of STAR EUROPE IMMOBILIER ?

The revenue of STAR EUROPE IMMOBILIER in 2018 is 353 k€.

Is STAR EUROPE IMMOBILIER profitable?

Yes, STAR EUROPE IMMOBILIER generated a net profit of 79 k€ in 2018.

Where is the headquarters of STAR EUROPE IMMOBILIER ?

The headquarters of STAR EUROPE IMMOBILIER is located in SAINT-DENIS (97490), in the department La Reunion.

Where to find the tax return of STAR EUROPE IMMOBILIER ?

The tax return of STAR EUROPE IMMOBILIER is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does STAR EUROPE IMMOBILIER operate?

STAR EUROPE IMMOBILIER operates in the sector Administration d'immeubles et autres biens immobiliers (NAF code 68.32A). See the 'Sector positioning' section above to compare the company with its competitors.