SIREN : 811308808
CMI SYSTEMES is a French company founded 11 years ago, specialized in the sector Programmation informatique. Based in VERT-SAINT-DENIS (77240), this company of category PME shows in 2019 a revenue of 302 k€. 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 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Revenue | 301 605 € | 431 296 € | 335 356 € | 379 536 € |
| Net income | 2 674 € | 81 283 € | 33 284 € | 54 503 € |
| EBITDA | 40 684 € | 143 904 € | 66 691 € | 89 931 € |
| Net margin | 0.9% | 18.8% | 9.9% | 14.4% |
In 2019, CMI SYSTEMES achieves revenue of 302 k€. Revenue is declining over the period 2016-2019 (CAGR: -7.4%). Significant drop of -30% vs 2018. After deducting consumption (105 k€), gross margin stands at 197 k€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 41 k€, representing 13.5% of revenue. Warning negative scissor effect: despite revenue change (-30%), EBITDA varies by -72%, reducing margin by 19.9 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3 k€, i.e. 0.9% of revenue. This profit can be retained or distributed to shareholders.
301 605 €
197 015 €
40 684 €
3 156 €
2 674 €
13.5%
The debt ratio (= Financial debt / Equity x 100) stands at 48%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 55%. 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 11.7 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.
48.061%
55.284%
2.4%
11.736
44.3%
In 2019, the debt ratio of CMI SYSTEMES (48.06) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2019, the financial autonomy of CMI SYSTEMES (55.3%) 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.
In 2019, the repayment capacity of CMI SYSTEMES (11.74) 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 528.03. 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 0.2x. Danger: operating income does not cover interest charges, unsustainable situation.
528.03
0.229
In 2019, the liquidity ratio of CMI SYSTEMES (528.03) 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.
In 2019, the interest coverage of CMI SYSTEMES (0.2x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 102 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 36 days. The gap of 66 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 10 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 141 days of revenue, i.e. 118 k€ to permanently finance. Over 2016-2019, WCR increased by +234%, requiring additional financing.
118 335 €
102 j
36 j
10 j
141 j
Based on 120 transactions of similar company sales (all years), the value of CMI SYSTEMES is estimated at 70 961 € (range 34 020€ - 187 718€). With an EBITDA of 40 684€, the sector multiple of 2.2x is applied. The price/revenue ratio is 0.27x (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.
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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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare CMI SYSTEMES with other companies in the same sector:
Voir toutes les statistiques du secteur Programmation informatique
The revenue of CMI SYSTEMES in 2019 is 302 k€.
Yes, CMI SYSTEMES generated a net profit of 3 k€ in 2019.
The headquarters of CMI SYSTEMES is located in VERT-SAINT-DENIS (77240), in the department Seine-et-Marne.
The tax return of CMI SYSTEMES 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).
CMI SYSTEMES operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.