SIREN : 433150497
CMC is a French company founded 25 years ago, specialized in the sector Exploitation de gravières et sablières, extraction d’argiles et de kaolin. Based in THIVIERS (24800), this company of category ETI shows in 2023 a revenue of 405 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 404 843 € | 599 546 € | 694 211 € | 418 643 € | 711 433 € | 713 177 € | 624 381 € | 558 813 € |
| Net income | 3 322 € | 47 033 € | 71 801 € | 8 025 € | 48 054 € | -41 535 € | 21 796 € | -53 417 € |
| EBITDA | 10 872 € | 58 058 € | 76 740 € | 17 673 € | 80 241 € | 860 714 € | 70 431 € | -1 755 € |
| Net margin | 0.8% | 7.8% | 10.3% | 1.9% | 6.8% | -5.8% | 3.5% | -9.6% |
In 2023, CMC achieves revenue of 405 k€. Activity remains stable over the period (CAGR: -4.5%). Significant drop of -32% vs 2022. After deducting consumption (126 k€), gross margin stands at 279 k€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 11 k€, representing 2.7% of revenue. Warning negative scissor effect: despite revenue change (-32%), EBITDA varies by -81%, reducing margin by 7.0 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 3 k€, i.e. 0.8% of revenue. This profit can be retained or distributed to shareholders.
404 843 €
278 757 €
10 872 €
-7 662 €
3 322 €
2.7%
The debt ratio (= Financial debt / Equity x 100) stands at 180%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 12%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.2 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 5.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
179.684%
11.886%
5.477%
5.206
2.9%
In 2023, the debt ratio of CMC (179.68) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2023, the financial autonomy of CMC (11.9%) 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 2023, the repayment capacity of CMC (5.21) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 339.13. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
339.134
0.0
In 2023, the liquidity ratio of CMC (339.13) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2023, the interest coverage of CMC (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
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: 75 days. Favorable situation: supplier credit is longer than customer credit by 14 days. Inventory turnover is 129 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 153 days of revenue, i.e. 172 k€ to permanently finance. Notable WCR improvement over the period (-42%), freeing up cash.
171 759 €
61 j
75 j
129 j
153 j
Based on 95 transactions of similar company sales
(all years),
the value of CMC is estimated at
29 561 €
(range 14 023€ - 101 949€).
With an EBITDA of 10 872€, the sector multiple of 1.4x is applied.
The price/revenue ratio is 0.17x
(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.
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This estimate is based on the analysis of 95 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 CMC with other companies in the same sector:
The revenue of CMC in 2023 is 405 k€.
Yes, CMC generated a net profit of 3 k€ in 2023.
The headquarters of CMC is located in THIVIERS (24800), in the department Dordogne.
The tax return of CMC 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).
CMC operates in the sector Exploitation de gravières et sablières, extraction d’argiles et de kaolin (NAF code 08.12Z). See the 'Sector positioning' section above to compare the company with its competitors.