DEVIC, MENUISERIES INDUSTRIELLES : revenue, balance sheet and financial ratios

DEVIC, MENUISERIES INDUSTRIELLES is a French company founded 52 years ago, specialized in the sector Fabrication d'éléments en matières plastiques pour la construction. Based in RODEZ (12000), this company of category PME shows in 2022 a revenue of 26.2 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 - DEVIC, MENUISERIES INDUSTRIELLES (SIREN 300268240)
Indicator 2022 2021 2019 2018 2017 2014
Revenue 26 229 890 € 21 309 637 € 17 254 710 € 15 205 969 € 14 144 246 € 12 300 789 €
Net income 1 143 534 € 1 088 315 € 580 635 € 512 110 € 410 149 € 461 142 €
EBITDA 2 166 834 € 2 086 124 € 1 169 731 € 1 021 807 € 961 354 € 1 162 963 €
Net margin 4.4% 5.1% 3.4% 3.4% 2.9% 3.7%

Revenue and income statement

In 2022, DEVIC, MENUISERIES INDUSTRIELLES achieves revenue of 26.2 M€. Over the period 2014-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +9.9%. Vs 2021, growth of +23% (21.3 M€ -> 26.2 M€). After deducting consumption (14.1 M€), gross margin stands at 12.2 M€, i.e. a rate of 46%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2.2 M€, representing 8.3% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.1 M€, i.e. 4.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

26 229 890 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

12 176 361 €

EBITDA (2022) ?
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

2 166 834 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

1 657 627 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

1 143 534 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

8.3%

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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 76%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 44%. 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 4.7 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 6.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

75.912%

Financial autonomy (2022) ?
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

43.739%

Cash flow / Revenue (2022) ?
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

6.591%

Repayment capacity (2022) ?
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

4.697

Asset age ratio (2022) ?
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

44.2%

Solvency indicators evolution
DEVIC, MENUISERIES INDUSTRIELLES

Sector positioning

Debt ratio
75.91 2022
2019
2021
2022
Q1: 5.18
Med: 32.58
Q3: 74.21
Average +35 pts over 3 years

In 2022, the debt ratio of DEVIC, MENUISERIES INDUST... (75.91) 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
43.74% 2022
2019
2021
2022
Q1: 25.66%
Med: 41.03%
Q3: 60.97%
Good -23 pts over 3 years

In 2022, the financial autonomy of DEVIC, MENUISERIES INDUST... (43.7%) 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
4.7 years 2022
2019
2021
2022
Q1: 0.0 years
Med: 0.87 years
Q3: 2.93 years
Average +18 pts over 3 years

In 2022, the repayment capacity of DEVIC, MENUISERIES INDUST... (4.70) 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 299.06. 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 9.4x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2022) ?
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

299.058

Interest coverage (2022) ?
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

9.39

Liquidity indicators evolution
DEVIC, MENUISERIES INDUSTRIELLES

Sector positioning

Liquidity ratio
299.06 2022
2019
2021
2022
Q1: 154.38
Med: 224.05
Q3: 330.36
Good -7 pts over 3 years

In 2022, the liquidity ratio of DEVIC, MENUISERIES INDUST... (299.06) 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
9.39x 2022
2019
2021
2022
Q1: 0.11x
Med: 1.67x
Q3: 4.24x
Excellent +28 pts over 3 years

In 2022, the interest coverage of DEVIC, MENUISERIES INDUST... (9.4x) 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: 57 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 44 days. The company must finance 13 days of gap between collections and payments. Inventory turnover is 43 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 79 days of revenue, i.e. 5.8 M€ to permanently finance.

Operating WCR (2022) ?
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

5 762 707 €

Customer credit (2022) ?
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

57 j

Supplier credit (2022) ?
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

44 j

Inventory turnover (2022) ?
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

43 j

WCR in days of revenue (2022) ?
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

79 j

WCR and payment terms evolution
DEVIC, MENUISERIES INDUSTRIELLES

Positioning of DEVIC, MENUISERIES INDUSTRIELLES in its sector

Comparison with sector Fabrication d'éléments en matières plastiques pour la construction

Valuation estimate

Based on 76 transactions of similar company sales (all years), the value of DEVIC, MENUISERIES INDUSTRIELLES is estimated at 3 365 515 € (range 1 434 192€ - 6 745 115€). With an EBITDA of 2 166 834€, the sector multiple of 1.3x is applied. The price/revenue ratio is 0.20x (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.

Estimated enterprise value 2022
76 tx
1434k€ 3365k€ 6745k€
3 365 515 € Range: 1 434 192€ - 6 745 115€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
2 166 834 € × 1.3x
Estimation 2 736 437 €
1 091 523€ - 6 075 500€
Revenue Multiple 30%
26 229 890 € × 0.20x
Estimation 5 336 394 €
2 551 058€ - 7 181 473€
Net Income Multiple 20%
1 143 534 € × 1.7x
Estimation 1 981 896 €
615 571€ - 7 764 618€
How is this estimate calculated?

This estimate is based on the analysis of 76 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 (Fabrication d'éléments en matières plastiques pour la construction)

Compare DEVIC, MENUISERIES INDUSTRIELLES with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'éléments en matières plastiques pour la construction

Frequently asked questions about DEVIC, MENUISERIES INDUSTRIELLES

What is the revenue of DEVIC, MENUISERIES INDUSTRIELLES ?

The revenue of DEVIC, MENUISERIES INDUSTRIELLES in 2022 is 26.2 M€.

Is DEVIC, MENUISERIES INDUSTRIELLES profitable?

Yes, DEVIC, MENUISERIES INDUSTRIELLES generated a net profit of 1.1 M€ in 2022.

Where is the headquarters of DEVIC, MENUISERIES INDUSTRIELLES ?

The headquarters of DEVIC, MENUISERIES INDUSTRIELLES is located in RODEZ (12000), in the department Aveyron.

Where to find the tax return of DEVIC, MENUISERIES INDUSTRIELLES ?

The tax return of DEVIC, MENUISERIES INDUSTRIELLES 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 DEVIC, MENUISERIES INDUSTRIELLES operate?

DEVIC, MENUISERIES INDUSTRIELLES operates in the sector Fabrication d'éléments en matières plastiques pour la construction (NAF code 22.23Z). See the 'Sector positioning' section above to compare the company with its competitors.