DS SMITH PACKAGING FRANCE : revenue, balance sheet and financial ratios
DS SMITH PACKAGING FRANCE is a French company
founded 71 years ago,
specialized in the sector Activités des sièges sociaux.
Based in PUTEAUX (92800),
this company of category GE
shows in 2025 a revenue of 81.1 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - DS SMITH PACKAGING FRANCE (SIREN 775563356)
Indicator
2025
2024
2023
2022
2021
2020
2019
2018
2017
Revenue
81 073 300 €
76 995 959 €
76 482 767 €
65 185 441 €
59 200 778 €
52 704 224 €
52 319 984 €
26 798 996 €
19 959 024 €
Net income
1 664 325 €
-4 351 151 €
-1 589 994 €
-2 505 312 €
4 012 328 €
-7 474 973 €
-6 534 645 €
-3 146 006 €
9 055 192 €
EBITDA
28 884 049 €
28 307 604 €
29 804 258 €
21 875 426 €
20 689 429 €
12 129 055 €
15 117 607 €
5 134 766 €
4 224 317 €
Net margin
2.1%
-5.7%
-2.1%
-3.8%
6.8%
-14.2%
-12.5%
-11.7%
45.4%
Revenue and income statement
In 2025, DS SMITH PACKAGING FRANCE achieves revenue of 81.1 M€. Over the period 2017-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +19.1%. Vs 2024: +5%. After deducting consumption (0 €), gross margin stands at 81.1 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 28.9 M€, representing 35.6% 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 1.7 M€, i.e. 2.1% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2025)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
81 073 300 €
Gross margin (2025)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
81 073 300 €
EBITDA (2025)
?
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
28 884 049 €
EBIT (2025)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
-1 645 864 €
Net income (2025)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
1 664 325 €
EBITDA margin (2025)
?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
35.6%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
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 21%. The balance between equity and debt is satisfactory.
Debt ratio (2025)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
0.091%
Financial autonomy (2025)
?
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
20.733%
Cash flow / Revenue (2025)
?
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
-3.674%
Repayment capacity (2025)
?
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
-0.01
Asset age ratio (2025)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Solvency indicators evolution DS SMITH PACKAGING FRANCE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2019
2020
2021
2022
2023
2024
2025
Debt ratio
211.008
12.117
14.141
17.258
15.927
0.009
0.009
0.053
0.091
Financial autonomy
29.002
28.259
20.847
16.549
24.47
26.037
23.411
20.673
20.733
Repayment capacity
68.699
5.771
9.849
-104.658
3.83
0.004
0.001
0.004
-0.01
Cash flow / Revenue
7.539%
3.943%
1.202%
-0.114%
2.833%
1.474%
3.011%
1.045%
-3.674%
Sector positioning
Debt ratio
0.092025
2023
2024
2025
Q1: 0.09
Med: 12.76
Q3: 78.81
Excellent
In 2025, the debt ratio of DS SMITH PACKAGING FRANCE (0.09) 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
20.73%2025
2023
2024
2025
Q1: 14.02%
Med: 56.52%
Q3: 88.87%
Average
In 2025, the financial autonomy of DS SMITH PACKAGING FRANCE (20.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
Repayment capacity
-0.01 years2025
2023
2024
2025
Q1: 0.0 years
Med: 0.28 years
Q3: 3.38 years
Excellent
In 2025, the repayment capacity of DS SMITH PACKAGING FRANCE (-0.01) 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 38.18. 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 19.8x. Operating income very largely covers interest expenses: high safety margin.
Liquidity ratio (2025)
?
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
38.183
Interest coverage (2025)
?
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
19.817
Liquidity indicators evolution DS SMITH PACKAGING FRANCE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2017
2018
2019
2020
2021
2022
2023
2024
2025
Liquidity ratio
391.182
56.124
62.891
74.353
53.565
40.303
44.722
41.823
38.183
Interest coverage
52.397
27.632
36.047
62.274
15.251
3.175
7.91
36.716
19.817
Sector positioning
Liquidity ratio
38.182025
2023
2024
2025
Q1: 131.38
Med: 522.59
Q3: 2610.36
Watch-6 pts over 3 years
In 2025, the liquidity ratio of DS SMITH PACKAGING FRANCE (38.18) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
Interest coverage
19.82x2025
2023
2024
2025
Q1: -43.56x
Med: 0.0x
Q3: 1.96x
Excellent
In 2025, the interest coverage of DS SMITH PACKAGING FRANCE (19.8x) 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: 162 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 388 days. Excellent situation: suppliers finance 226 days of the operating cycle (retail model). WCR is negative (-169 days): operations structurally generate cash. Notable WCR improvement over the period (-168%), freeing up cash.
Operating WCR (2025)
?
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
-38 136 070 €
Customer credit (2025)
?
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
162 j
Supplier credit (2025)
?
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
388 j
Inventory turnover (2025)
?
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 (2025)
?
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
-169 j
WCR and payment terms evolution DS SMITH PACKAGING FRANCE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2019
2020
2021
2022
2023
2024
2025
Operating WCR
56 371 669 €
-45 941 519 €
-30 459 648 €
-24 370 433 €
-27 806 605 €
-36 235 935 €
-29 475 694 €
-33 325 391 €
-38 136 070 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
0
Customer payment term (days)
202
131
132
187
182
187
199
184
162
Supplier payment term (days)
332
201
519
319
389
349
424
394
388
Positioning of DS SMITH PACKAGING FRANCE in its sector
Comparison with sector Activités des sièges sociaux
Valuation estimate
Based on 54 transactions of similar company sales
in 2025,
the value of DS SMITH PACKAGING FRANCE is estimated at
31 716 070 €
(range 15 207 004€ - 55 826 886€).
With an EBITDA of 28 884 049€, the sector multiple of 1.1x is applied.
The price/revenue ratio is 0.63x
(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. Medium reliability: estimate to be confirmed with in-depth analysis.
Estimated enterprise value2025
54 tx
15207k€31716k€55826k€
31 716 070 €Range: 15 207 004€ - 55 826 886€
NAF 5 année 2025
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
28 884 049 €×1.1x
Estimation30 905 772 €
17 096 446€ - 73 179 754€
Revenue Multiple30%
81 073 300 €×0.63x
Estimation51 143 119 €
21 271 563€ - 57 807 923€
Net Income Multiple20%
1 664 325 €×2.8x
Estimation4 601 244 €
1 386 560€ - 9 473 160€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 54 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 sièges sociaux)
Compare DS SMITH PACKAGING FRANCE with other companies in the same sector:
Frequently asked questions about DS SMITH PACKAGING FRANCE
What is the revenue of DS SMITH PACKAGING FRANCE ?
The revenue of DS SMITH PACKAGING FRANCE in 2025 is 81.1 M€.
Is DS SMITH PACKAGING FRANCE profitable?
Yes, DS SMITH PACKAGING FRANCE generated a net profit of 1.7 M€ in 2025.
Where is the headquarters of DS SMITH PACKAGING FRANCE ?
The headquarters of DS SMITH PACKAGING FRANCE is located in PUTEAUX (92800), in the department Hauts-de-Seine.
Where to find the tax return of DS SMITH PACKAGING FRANCE ?
The tax return of DS SMITH PACKAGING FRANCE 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 DS SMITH PACKAGING FRANCE operate?
DS SMITH PACKAGING FRANCE operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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