CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS : revenue, balance sheet and financial ratios

CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS is a French company founded 36 years ago, specialized in the sector Télécommunications filaires. Based in CHAMPS-SUR-MARNE (77420), this company of category PME shows in 2023 a revenue of 12.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS (SIREN 378499073)
Indicator 2023 2022 2021 2019 2018 2017 2016
Revenue 12 425 487 € 11 561 250 € 11 169 554 € 11 857 556 € 12 539 199 € 4 354 667 € 9 082 559 €
Net income 1 809 051 € 1 408 041 € 605 868 € 1 000 265 € 791 997 € 384 637 € 921 988 €
EBITDA 2 402 784 € 2 144 860 € 1 761 811 € 1 670 409 € 2 228 465 € 761 985 € 1 556 490 €
Net margin 14.6% 12.2% 5.4% 8.4% 6.3% 8.8% 10.2%

Revenue and income statement

In 2023, CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS achieves revenue of 12.4 M€. Revenue is growing positively over 7 years (CAGR: +4.6%). Vs 2022: +7%. After deducting consumption (3 k€), gross margin stands at 12.4 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 2.4 M€, representing 19.3% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.8 M€, i.e. 14.6% 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

12 425 487 €

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

12 422 177 €

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

2 402 784 €

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

1 531 347 €

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

1 809 051 €

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

19.3%

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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 61%. Debt remains under control: the company retains capacity to raise new debt if needed. 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 1.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 24.3% 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 (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

60.947%

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

46.342%

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

24.291%

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

1.327

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

22.7%

Solvency indicators evolution
CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS

Sector positioning

Debt ratio
60.95 2023
2021
2022
2023
Q1: 0.0
Med: 4.93
Q3: 68.11
Average

In 2023, the debt ratio of CTS COMPUTERS AND TELECOM... (60.95) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
46.34% 2023
2021
2022
2023
Q1: 3.63%
Med: 28.35%
Q3: 55.51%
Good

In 2023, the financial autonomy of CTS COMPUTERS AND TELECOM... (46.3%) 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.

Repayment capacity
1.33 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.08 years
Q3: 2.64 years
Average -13 pts over 3 years

In 2023, the repayment capacity of CTS COMPUTERS AND TELECOM... (1.33) 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 138.60. 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 14.8x. 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

138.599

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

14.805

Liquidity indicators evolution
CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS

Sector positioning

Liquidity ratio
138.6 2023
2021
2022
2023
Q1: 109.46
Med: 184.51
Q3: 301.07
Average -6 pts over 3 years

In 2023, the liquidity ratio of CTS COMPUTERS AND TELECOM... (138.60) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
14.8x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.48x
Q3: 8.93x
Excellent

In 2023, the interest coverage of CTS COMPUTERS AND TELECOM... (14.8x) 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: 41 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 78 days. Excellent situation: suppliers finance 37 days of the operating cycle (retail model). Overall, WCR represents 43 days of revenue, i.e. 1.5 M€ to permanently finance. Notable WCR improvement over the period (-46%), freeing up cash.

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

1 479 751 €

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

41 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

78 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

0 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

43 j

WCR and payment terms evolution
CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS

Positioning of CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS in its sector

Comparison with sector Télécommunications filaires

Valuation estimate

Based on 125 transactions of similar company sales (all years), the value of CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS is estimated at 3 314 436 € (range 2 165 264€ - 3 871 159€). The price/revenue ratio is 0.28x (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
125 transactions
2165k€ 3314k€ 3871k€
3 314 436 € Range: 2 165 264€ - 3 871 159€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
12 425 487 € × 0.28x
Estimation 3 418 009 €
2 658 843€ - 4 226 203€
Net Income Multiple 20%
1 809 051 € × 1.7x
Estimation 3 159 079 €
1 424 898€ - 3 338 595€
How is this estimate calculated?

This estimate is based on the analysis of 125 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 (Télécommunications filaires)

Compare CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS with other companies in the same sector:

Voir toutes les statistiques du secteur Télécommunications filaires

Frequently asked questions about CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS

What is the revenue of CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS ?

The revenue of CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS in 2023 is 12.4 M€.

Is CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS profitable?

Yes, CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS generated a net profit of 1.8 M€ in 2023.

Where is the headquarters of CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS ?

The headquarters of CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS is located in CHAMPS-SUR-MARNE (77420), in the department Seine-et-Marne.

Where to find the tax return of CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS ?

The tax return of CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS 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 CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS operate?

CTS COMPUTERS AND TELECOMMUNICATIONS SYSTEMS operates in the sector Télécommunications filaires (NAF code 61.10Z). See the 'Sector positioning' section above to compare the company with its competitors.