SOCIETE COOPERATIVE AGRICOLE LA GRAVETTE DE CORCONNE : revenue, balance sheet and financial ratios

In 2024, SOCIETE COOPERATIVE AGRICOLE LA GRAVETTE DE CORCONNE achieves revenue of 3.3 M€. Revenue is growing positively over 8 years (CAGR: +0.2%). Vs 2023: +9%. After deducting consumption (1.8 M€), gross margin stands at 1.5 M€, i.e. a rate of 45%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 149 k€, representing 4.6% of revenue. Warning negative scissor effect: despite revenue change (+9%), EBITDA varies by -56%, 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 2 k€, i.e. 0.0% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 26%. 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 57%. 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 13.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 2.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 140.76. 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 32.1x. 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: 77 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 182 days. Excellent situation: suppliers finance 105 days of the operating cycle (retail model). Inventory turnover is 198 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 242 days of revenue, i.e. 2.2 M€ to permanently finance. Notable WCR improvement over the period (-27%), freeing up cash.

Based on 55 transactions of similar company sales (all years), the value of SOCIETE COOPERATIVE AGRICOLE LA GRAVETTE DE CORCONNE is estimated at 541 264 € (range 285 520€ - 1 322 205€). With an EBITDA of 149 005€, the sector multiple of 2.8x is applied. The price/revenue ratio is 0.34x (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.