AUBRON ET MECHINEAU : revenue, balance sheet and financial ratios

AUBRON ET MECHINEAU is a French company founded 69 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in GORGES (44190), this company of category ETI shows in 2023 a revenue of 19.4 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 - AUBRON ET MECHINEAU (SIREN 857800031)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 19 359 369 € 18 890 405 € 17 669 704 € 16 286 601 € 18 474 182 € 18 532 319 € 15 696 537 € 15 436 523 €
Net income 623 007 € 666 361 € 932 792 € 716 017 € 810 631 € 660 108 € 192 066 € 346 866 €
EBITDA 1 965 223 € 1 694 520 € 2 627 490 € 2 560 948 € 3 031 678 € 2 383 187 € 1 813 303 € 1 852 592 €
Net margin 3.2% 3.5% 5.3% 4.4% 4.4% 3.6% 1.2% 2.2%

Revenue and income statement

In 2023, AUBRON ET MECHINEAU achieves revenue of 19.4 M€. Revenue is growing positively over 8 years (CAGR: +3.3%). Vs 2022: +2%. After deducting consumption (4.5 M€), gross margin stands at 14.8 M€, i.e. a rate of 77%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2.0 M€, representing 10.2% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 623 k€, i.e. 3.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

19 359 369 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

14 814 167 €

EBITDA (2023) ?
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

1 965 223 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

688 681 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

623 007 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

10.1%

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Chart evolution

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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 12%. 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 72%. 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 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 9.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

11.506%

Financial autonomy (2023) ?
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

71.878%

Cash flow / Revenue (2023) ?
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

9.255%

Repayment capacity (2023) ?
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

1.628

Asset age ratio (2023) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

28.0%

Solvency indicators evolution
AUBRON ET MECHINEAU

Sector positioning

Debt ratio
11.51 2023
2021
2022
2023
Q1: 7.85
Med: 36.04
Q3: 94.96
Good

In 2023, the debt ratio of AUBRON ET MECHINEAU (11.51) 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
71.88% 2023
2021
2022
2023
Q1: 19.61%
Med: 37.69%
Q3: 54.73%
Excellent

In 2023, the financial autonomy of AUBRON ET MECHINEAU (71.9%) 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
1.63 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.7 years
Q3: 2.3 years
Average +9 pts over 3 years

In 2023, the repayment capacity of AUBRON ET MECHINEAU (1.63) 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 465.32. 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 5.7x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

465.319

Interest coverage (2023) ?
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

5.668

Liquidity indicators evolution
AUBRON ET MECHINEAU

Sector positioning

Liquidity ratio
465.32 2023
2021
2022
2023
Q1: 140.24
Med: 196.81
Q3: 296.35
Excellent

In 2023, the liquidity ratio of AUBRON ET MECHINEAU (465.32) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
5.67x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.82x
Q3: 3.7x
Excellent +39 pts over 3 years

In 2023, the interest coverage of AUBRON ET MECHINEAU (5.7x) 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: 61 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 97 days. Excellent situation: suppliers finance 36 days of the operating cycle (retail model). Inventory turnover is 52 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 380 days of revenue, i.e. 20.4 M€ to permanently finance. Over 2016-2023, WCR increased by +105%, requiring additional financing.

Operating WCR (2023) ?
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

20 412 325 €

Customer credit (2023) ?
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

61 j

Supplier credit (2023) ?
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

97 j

Inventory turnover (2023) ?
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

52 j

WCR in days of revenue (2023) ?
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

380 j

WCR and payment terms evolution
AUBRON ET MECHINEAU

Positioning of AUBRON ET MECHINEAU in its sector

Comparison with sector Travaux de terrassement courants et travaux préparatoires

Valuation estimate

Based on 120 transactions of similar company sales (all years), the value of AUBRON ET MECHINEAU is estimated at 3 091 491 € (range 1 143 101€ - 7 626 392€). With an EBITDA of 1 965 223€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.22x (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.

Estimated enterprise value 2023
120 transactions
1143k€ 3091k€ 7626k€
3 091 491 € Range: 1 143 101€ - 7 626 392€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 965 223 € × 1.4x
Estimation 2 698 624 €
638 851€ - 7 152 195€
Revenue Multiple 30%
19 359 369 € × 0.22x
Estimation 4 347 174 €
2 338 275€ - 9 413 722€
Net Income Multiple 20%
623 007 € × 3.5x
Estimation 2 190 139 €
610 970€ - 6 130 894€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 120 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 (Travaux de terrassement courants et travaux préparatoires)

Compare AUBRON ET MECHINEAU with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de terrassement courants et travaux préparatoires

Frequently asked questions about AUBRON ET MECHINEAU

What is the revenue of AUBRON ET MECHINEAU ?

The revenue of AUBRON ET MECHINEAU in 2023 is 19.4 M€.

Is AUBRON ET MECHINEAU profitable?

Yes, AUBRON ET MECHINEAU generated a net profit of 623 k€ in 2023.

Where is the headquarters of AUBRON ET MECHINEAU ?

The headquarters of AUBRON ET MECHINEAU is located in GORGES (44190), in the department Loire-Atlantique.

Where to find the tax return of AUBRON ET MECHINEAU ?

The tax return of AUBRON ET MECHINEAU 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 AUBRON ET MECHINEAU operate?

AUBRON ET MECHINEAU operates in the sector Travaux de terrassement courants et travaux préparatoires (NAF code 43.12A). See the 'Sector positioning' section above to compare the company with its competitors.