STAR REAL ESTATE : revenue, balance sheet and financial ratios

STAR REAL ESTATE is a French company founded 25 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in TOULOUSE (31300), this company of category GE shows in 2024 a revenue of 86.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - STAR REAL ESTATE (SIREN 433940392)
Indicator 2024 2023 2022 2020 2019 2018 2017 2016
Revenue 86 000 000 € 77 038 783 € 73 834 273 € 75 000 000 € 73 000 000 € 68 000 000 € 61 427 987 € 60 123 136 €
Net income 35 000 000 € 22 658 708 € 24 868 133 € 21 000 000 € 18 000 000 € 16 000 000 € 15 542 279 € 14 993 789 €
EBITDA 75 000 000 € 64 266 907 € 64 285 802 € 62 000 000 € 60 000 000 € 57 000 000 € 33 115 287 € 32 111 150 €
Net margin 40.7% 29.4% 33.7% 28.0% 24.7% 23.5% 25.3% 24.9%

Revenue and income statement

In 2024, STAR REAL ESTATE achieves revenue of 86.0 M€. Revenue is growing positively over 8 years (CAGR: +4.6%). Vs 2023, growth of +12% (77.0 M€ -> 86.0 M€). After deducting consumption (0 €), gross margin stands at 86.0 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 75.0 M€, representing 87.2% of revenue. Positive scissor effect: EBITDA margin improves by +3.8 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 35.0 M€, i.e. 40.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

86 000 000 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

86 000 000 €

EBITDA (2024) ?
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

75 000 000 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

54 000 000 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

35 000 000 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

87.2%

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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 2%. 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 94%. 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 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 60.5% 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 (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

1.869%

Financial autonomy (2024) ?
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

94.066%

Cash flow / Revenue (2024) ?
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

60.465%

Repayment capacity (2024) ?
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

0.154

Solvency indicators evolution
STAR REAL ESTATE

Sector positioning

Debt ratio
1.87 2024
2022
2023
2024
Q1: -21.14
Med: 5.94
Q3: 146.94
Good

In 2024, the debt ratio of STAR REAL ESTATE (1.87) 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
94.07% 2024
2022
2023
2024
Q1: 0.03%
Med: 27.48%
Q3: 73.8%
Excellent

In 2024, the financial autonomy of STAR REAL ESTATE (94.1%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.15 years 2024
2022
2023
2024
Q1: -0.02 years
Med: 0.66 years
Q3: 10.6 years
Good -20 pts over 3 years

In 2024, the repayment capacity of STAR REAL ESTATE (0.15) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. WCR is negative (-762 days): operations structurally generate cash. Notable WCR improvement over the period (-89%), freeing up cash.

Operating WCR (2024) ?
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

-182 000 080 €

Customer credit (2024) ?
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

0 j

Supplier credit (2024) ?
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

0 j

Inventory turnover (2024) ?
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 (2024) ?
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

-762 j

WCR and payment terms evolution
STAR REAL ESTATE

Positioning of STAR REAL ESTATE in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 169 transactions of similar company sales in 2024, the value of STAR REAL ESTATE is estimated at 278 504 845 € (range 77 881 177€ - 500 164 009€). With an EBITDA of 75 000 000€, 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.

Estimated enterprise value 2024
169 transactions
77881k€ 278504k€ 500164k€
278 504 845 € Range: 77 881 177€ - 500 164 009€
NAF 5 année 2024

Valuation detail by method

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EBITDA Multiple 50%
75 000 000 € × 5.6x
Estimation 419 987 077 €
111 173 332€ - 749 625 187€
Revenue Multiple 30%
86 000 000 € × 0.81x
Estimation 69 369 966 €
26 508 469€ - 129 358 045€
Net Income Multiple 20%
35 000 000 € × 6.8x
Estimation 238 501 587 €
71 709 852€ - 432 720 012€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 169 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 (Location de terrains et d'autres biens immobiliers)

Compare STAR REAL ESTATE with other companies in the same sector:

Frequently asked questions about STAR REAL ESTATE

What is the revenue of STAR REAL ESTATE ?

The revenue of STAR REAL ESTATE in 2024 is 86.0 M€.

Is STAR REAL ESTATE profitable?

Yes, STAR REAL ESTATE generated a net profit of 35.0 M€ in 2024.

Where is the headquarters of STAR REAL ESTATE ?

The headquarters of STAR REAL ESTATE is located in TOULOUSE (31300), in the department Haute-Garonne.

Where to find the tax return of STAR REAL ESTATE ?

The tax return of STAR REAL ESTATE 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 REAL ESTATE operate?

STAR REAL ESTATE operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.