Employees: 02 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2007-11-01 (18 years)Status: ActiveBusiness sector: Activités des marchands de biens immobiliersLocation: TARBES (65000), Hautes-Pyrenees
6M : revenue, balance sheet and financial ratios
6M is a French company
founded 18 years ago,
specialized in the sector Activités des marchands de biens immobiliers.
Based in TARBES (65000),
this company of category PME
shows in 2020 a revenue of 672 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2020, 6M achieves revenue of 672 k€. Over the period 2017-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +30.8%. Vs 2019, growth of +66% (405 k€ -> 672 k€). After deducting consumption (476 k€), gross margin stands at 196 k€, i.e. a rate of 29%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 9 k€, representing 1.4% of revenue. Warning negative scissor effect: despite revenue change (+66%), EBITDA varies by -90%, reducing margin by 21.2 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 20 k€, i.e. 2.9% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2020)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
671 899 €
Gross margin (2020)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
195 503 €
EBITDA (2020)
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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
9 092 €
EBIT (2020)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
25 625 €
Net income (2020)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
19 515 €
EBITDA margin (2020)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
1.4%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 84%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 42%. 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 7.8 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 4.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
Debt ratio (2020)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
84.359%
Financial autonomy (2020)
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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
42.141%
Cash flow / Revenue (2020)
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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
4.224%
Repayment capacity (2020)
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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
7.751
Asset age ratio (2020)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
Debt ratio
455.193
648.039
38.527
67.02
84.359
Financial autonomy
46.591
60.224
18.804
29.094
42.141
Repayment capacity
None
18.264
8.934
7.917
7.751
Cash flow / Revenue
None%
6.957%
35.005%
12.471%
4.224%
Sector positioning
Debt ratio
84.362020
2018
2019
2020
Q1: 0.0
Med: 20.67
Q3: 256.63
Average
In 2020, the debt ratio of 6M (84.36) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
42.14%2020
2018
2019
2020
Q1: 0.31%
Med: 23.92%
Q3: 67.97%
Good+17 pts over 3 years
In 2020, the financial autonomy of 6M (42.1%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
Repayment capacity
7.75 years2020
2018
2019
2020
Q1: -5.86 years
Med: 0.0 years
Q3: 2.91 years
Average
In 2020, the repayment capacity of 6M (7.75) 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 144.44. 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 27.4x. Operating income very largely covers interest expenses: high safety margin.
Liquidity ratio (2020)
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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
144.438
Interest coverage (2020)
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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
27.42
Liquidity indicators evolution 6M
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
Liquidity ratio
199.428
295.887
297.45
357.908
144.438
Interest coverage
None
30.628
29.947
10.015
27.42
Sector positioning
Liquidity ratio
144.442020
2018
2019
2020
Q1: 146.17
Med: 443.84
Q3: 2201.56
Average-16 pts over 3 years
In 2020, the liquidity ratio of 6M (144.44) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
Interest coverage
27.42x2020
2018
2019
2020
Q1: -2.25x
Med: 0.0x
Q3: 3.78x
Excellent
In 2020, the interest coverage of 6M (27.4x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
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: 62 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 50 days. The company must finance 12 days of gap between collections and payments. Inventory turnover is 285 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 135 days of revenue, i.e. 251 k€ to permanently finance.
Operating WCR (2020)
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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
251 391 €
Customer credit (2020)
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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
62 j
Supplier credit (2020)
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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
50 j
Inventory turnover (2020)
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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
285 j
WCR in days of revenue (2020)
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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
135 j
WCR and payment terms evolution 6M
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
Operating WCR
0 €
397 021 €
252 280 €
632 573 €
251 391 €
Inventory turnover (days)
0
437
2092
503
285
Customer payment term (days)
0
89
649
81
62
Supplier payment term (days)
0
16
85
128
50
Positioning of 6M in its sector
Comparison with sector Activités des marchands de biens immobiliers
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions).
This range of 59 673€ to 307 297€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2020
Indicative
59k€160k€307k€
160 813 €Range: 59 673€ - 307 297€
NAF 5 année 2020
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 37 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 (Activités des marchands de biens immobiliers)
Compare 6M with other companies in the same sector:
The headquarters of 6M is located in TARBES (65000), in the department Hautes-Pyrenees.
Where to find the tax return of 6M ?
The tax return of 6M 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 6M operate?
6M operates in the sector Activités des marchands de biens immobiliers (NAF code 68.10Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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