SIREN : 383482635
AFM RECYCLAGE is a French company founded 34 years ago, specialized in the sector Récupération de déchets triés. Based in VILLENAVE-D'ORNON (33140), this company of category GE shows in 2025 a revenue of 438.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 438 463 064 € | 480 738 387 € | 480 184 759 € | 539 558 231 € | 359 546 181 € | 197 874 955 € | 294 917 079 € | 251 555 184 € |
| Net income | 4 772 276 € | 3 770 406 € | 16 778 446 € | 28 585 577 € | 16 342 354 € | 1 467 964 € | 7 199 814 € | 8 049 565 € |
| EBITDA | 28 242 914 € | 23 279 480 € | 35 133 871 € | 57 642 256 € | 37 779 274 € | 11 097 868 € | 16 657 897 € | 17 801 352 € |
| Net margin | 1.1% | 0.8% | 3.5% | 5.3% | 4.5% | 0.7% | 2.4% | 3.2% |
In 2025, AFM RECYCLAGE achieves revenue of 438.5 M€. Over the period 2017-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +7.2%. Slight decline of -9% vs 2024. After deducting consumption (276.8 M€), gross margin stands at 161.7 M€, i.e. a rate of 37%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 28.2 M€, representing 6.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 4.8 M€, i.e. 1.1% of revenue. This profit can be retained or distributed to shareholders.
438 463 064 €
161 678 473 €
28 242 914 €
11 027 022 €
4 772 276 €
6.4%
The debt ratio (= Financial debt / Equity x 100) stands at 1%. 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 46%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
0.827%
46.117%
3.824%
0.038
39.3%
In 2025, the debt ratio of AFM RECYCLAGE (0.83) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2025, the financial autonomy of AFM RECYCLAGE (46.1%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2025, the repayment capacity of AFM RECYCLAGE (0.04) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 104.90. 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 2.0x. Financial charges are adequately covered by operations.
104.898
2.014
In 2025, the liquidity ratio of AFM RECYCLAGE (104.90) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2025, the interest coverage of AFM RECYCLAGE (2.0x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 42 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. Favorable situation: supplier credit is longer than customer credit by 7 days. Inventory turnover is 14 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 33 days of revenue, i.e. 40.5 M€ to permanently finance. Over 2017-2025, WCR increased by +271%, requiring additional financing.
40 492 064 €
42 j
49 j
14 j
33 j
Based on 85 transactions of similar company sales
(all years),
the value of AFM RECYCLAGE is estimated at
39 735 698 €
(range 21 964 473€ - 82 373 262€).
With an EBITDA of 28 242 914€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.18x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare AFM RECYCLAGE with other companies in the same sector:
Voir toutes les statistiques du secteur Récupération de déchets triés
The revenue of AFM RECYCLAGE in 2025 is 438.5 M€.
Yes, AFM RECYCLAGE generated a net profit of 4.8 M€ in 2025.
The headquarters of AFM RECYCLAGE is located in VILLENAVE-D'ORNON (33140), in the department Gironde.
The tax return of AFM RECYCLAGE 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).
AFM RECYCLAGE operates in the sector Récupération de déchets triés (NAF code 38.32Z). See the 'Sector positioning' section above to compare the company with its competitors.