WASH MOBIL ET ENVIRONNEMENT : revenue, balance sheet and financial ratios

In 2022, WASH MOBIL ET ENVIRONNEMENT achieves revenue of 491 k€. Over the period 2017-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +6.9%. Vs 2021, growth of +96% (251 k€ -> 491 k€). After deducting consumption (2 k€), gross margin stands at 488 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 70 k€, representing 14.4% of revenue. Warning negative scissor effect: despite revenue change (+96%), EBITDA varies by +68%, reducing margin by 2.4 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 52 k€, i.e. 10.5% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 18%. 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 5%. Low autonomy: the company heavily depends on external financing (banks, suppliers). 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 12.9% 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 143.58. 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 2.7x. 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: 147 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 31 days. The gap of 116 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-1 days): operations structurally generate cash. Notable WCR improvement over the period (-101%), freeing up cash.

Based on 125 transactions of similar company sales (all years), the value of WASH MOBIL ET ENVIRONNEMENT is estimated at 182 774 € (range 68 191€ - 326 541€). With an EBITDA of 70 426€, the sector multiple of 2.8x is applied. The price/revenue ratio is 0.35x (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.