CREDIT MUTUEL ASSET MANAGEMENT : revenue, balance sheet and financial ratios

CREDIT MUTUEL ASSET MANAGEMENT is a French company founded 33 years ago, specialized in the sector Activités des agents et courtiers d'assurances. Based in PARIS (75006), this company of category GE shows in 2024 a revenue of 407.5 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

Financial history - CREDIT MUTUEL ASSET MANAGEMENT (SIREN 388555021)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016 2016
Revenue 407 529 103 € 322 656 798 € 307 583 676 € 322 839 665 € 267 697 392 € 255 150 716 € 246 384 565 € 251 255 900 € 233 € 230 428 733 €
Net income 55 571 764 € 20 110 629 € 6 325 983 € 43 967 069 € 7 324 086 € 7 091 068 € 362 873 € 2 123 099 € -1 293 914 € 3 700 100 €
EBITDA 70 828 428 € 31 293 642 € 9 424 357 € 16 914 622 € 8 732 268 € 9 257 541 € 1 179 993 € 2 133 125 € -624 646 € 4 310 076 €
Net margin 13.6% 6.2% 2.1% 13.6% 2.7% 2.8% 0.1% 0.8% -555327.9% 1.6%

Revenue and income statement

In 2024, CREDIT MUTUEL ASSET MANAGEMENT achieves revenue of 407.5 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +7.4%. Vs 2023, growth of +26% (322.7 M€ -> 407.5 M€). After deducting consumption (0 €), gross margin stands at 407.5 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 70.8 M€, representing 17.4% of revenue. Positive scissor effect: EBITDA margin improves by +7.7 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 55.6 M€, i.e. 13.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

407 529 103 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

407 529 103 €

EBITDA (2024) ?
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

70 828 428 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

70 982 422 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

55 571 764 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

17.4%

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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 0%. 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 69%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 14.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2024) ?
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

69.185%

Cash flow / Revenue (2024) ?
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

14.013%

Repayment capacity (2024) ?
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

0.0

Asset age ratio (2024) ?
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

20.5%

Solvency indicators evolution
CREDIT MUTUEL ASSET MANAGEMENT

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.0
Med: 7.61
Q3: 47.45
Excellent

In 2024, the debt ratio of CREDIT MUTUEL ASSET MANAG... (0.00) 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.

Financial autonomy
69.19% 2024
2022
2023
2024
Q1: 13.11%
Med: 47.63%
Q3: 76.27%
Good +6 pts over 3 years

In 2024, the financial autonomy of CREDIT MUTUEL ASSET MANAG... (69.2%) 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
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.12 years
Q3: 1.71 years
Excellent

In 2024, the repayment capacity of CREDIT MUTUEL ASSET MANAG... (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 305.00. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2024) ?
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

305.005

Interest coverage (2024) ?
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

0.01

Liquidity indicators evolution
CREDIT MUTUEL ASSET MANAGEMENT

Sector positioning

Liquidity ratio
305.0 2024
2022
2023
2024
Q1: 123.28
Med: 242.89
Q3: 571.56
Good +6 pts over 3 years

In 2024, the liquidity ratio of CREDIT MUTUEL ASSET MANAG... (305.00) 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.

Interest coverage
0.01x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.2x
Good -25 pts over 3 years

In 2024, the interest coverage of CREDIT MUTUEL ASSET MANAG... (0.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 10 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 2 days. The company must finance 8 days of gap between collections and payments. WCR is negative (-2 days): operations structurally generate cash. Notable WCR improvement over the period (-120%), freeing up cash.

Operating WCR (2024) ?
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

-2 013 194 €

Customer credit (2024) ?
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

10 j

Supplier credit (2024) ?
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

2 j

Inventory turnover (2024) ?
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

0 j

WCR in days of revenue (2024) ?
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

-2 j

WCR and payment terms evolution
CREDIT MUTUEL ASSET MANAGEMENT

Positioning of CREDIT MUTUEL ASSET MANAGEMENT in its sector

Comparison with sector Activités des agents et courtiers d'assurances

Valuation estimate

Based on 193 transactions of similar company sales (all years), the value of CREDIT MUTUEL ASSET MANAGEMENT is estimated at 185 354 292 € (range 55 150 040€ - 544 364 561€). With an EBITDA of 70 828 428€, the sector multiple of 1.2x is applied. The price/revenue ratio is 0.98x (in line with sector norms). 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 2024
193 transactions
55150k€ 185354k€ 544364k€
185 354 292 € Range: 55 150 040€ - 544 364 561€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
70 828 428 € × 1.2x
Estimation 85 748 702 €
22 148 023€ - 437 686 158€
Revenue Multiple 30%
407 529 103 € × 0.98x
Estimation 400 368 079 €
111 649 389€ - 744 615 205€
Net Income Multiple 20%
55 571 764 € × 2.0x
Estimation 111 847 591 €
52 906 064€ - 510 684 604€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 193 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 agents et courtiers d'assurances)

Compare CREDIT MUTUEL ASSET MANAGEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des agents et courtiers d'assurances

Frequently asked questions about CREDIT MUTUEL ASSET MANAGEMENT

What is the revenue of CREDIT MUTUEL ASSET MANAGEMENT ?

The revenue of CREDIT MUTUEL ASSET MANAGEMENT in 2024 is 407.5 M€.

Is CREDIT MUTUEL ASSET MANAGEMENT profitable?

Yes, CREDIT MUTUEL ASSET MANAGEMENT generated a net profit of 55.6 M€ in 2024.

Where is the headquarters of CREDIT MUTUEL ASSET MANAGEMENT ?

The headquarters of CREDIT MUTUEL ASSET MANAGEMENT is located in PARIS (75006), in the department Paris.

Where to find the tax return of CREDIT MUTUEL ASSET MANAGEMENT ?

The tax return of CREDIT MUTUEL ASSET MANAGEMENT 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 CREDIT MUTUEL ASSET MANAGEMENT operate?

CREDIT MUTUEL ASSET MANAGEMENT operates in the sector Activités des agents et courtiers d'assurances (NAF code 66.22Z). See the 'Sector positioning' section above to compare the company with its competitors.