ENTREPRISE DE TRAVAUX PUBLICS DU MIDI : revenue, balance sheet and financial ratios

ENTREPRISE DE TRAVAUX PUBLICS DU MIDI is a French company founded 29 years ago, specialized in the sector Construction de routes et autoroutes. Based in MURET (31600), this company of category PME shows in 2024 a revenue of 18.1 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 - ENTREPRISE DE TRAVAUX PUBLICS DU MIDI (SIREN 410743231)
Indicator 2024 2023 2022 2020 2019 2018 2017 2016
Revenue 18 135 145 € 17 328 458 € 16 691 022 € 12 843 734 € 15 442 162 € 16 513 603 € 14 582 065 € 14 165 199 €
Net income 463 485 € 437 233 € 386 535 € 254 688 € 460 129 € 404 475 € 407 102 € 425 454 €
EBITDA 713 078 € 579 794 € 556 883 € 327 250 € 786 096 € 713 719 € 674 963 € 694 752 €
Net margin 2.6% 2.5% 2.3% 2.0% 3.0% 2.4% 2.8% 3.0%

Revenue and income statement

In 2024, ENTREPRISE DE TRAVAUX PUBLICS DU MIDI achieves revenue of 18.1 M€. Revenue is growing positively over 8 years (CAGR: +3.1%). Vs 2023: +5%. After deducting consumption (6.8 M€), gross margin stands at 11.3 M€, i.e. a rate of 62%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 713 k€, representing 3.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 463 k€, i.e. 2.6% 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

18 135 145 €

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

11 330 352 €

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

713 078 €

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

253 856 €

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

463 485 €

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

3.9%

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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 10%. 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 60%. 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 0.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

9.854%

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

59.856%

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

3.744%

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

0.826

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

26.2%

Solvency indicators evolution
ENTREPRISE DE TRAVAUX PUBLICS DU MIDI

Sector positioning

Debt ratio
9.85 2024
2022
2023
2024
Q1: 1.71
Med: 21.57
Q3: 63.35
Good

In 2024, the debt ratio of ENTREPRISE DE TRAVAUX PUB... (9.85) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
59.86% 2024
2022
2023
2024
Q1: 14.32%
Med: 33.76%
Q3: 51.7%
Excellent

In 2024, the financial autonomy of ENTREPRISE DE TRAVAUX PUB... (59.9%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.83 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.34 years
Q3: 1.88 years
Average

In 2024, the repayment capacity of ENTREPRISE DE TRAVAUX PUB... (0.83) 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 234.91. 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 0.4x. 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

234.91

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

0.44

Liquidity indicators evolution
ENTREPRISE DE TRAVAUX PUBLICS DU MIDI

Sector positioning

Liquidity ratio
234.91 2024
2022
2023
2024
Q1: 140.21
Med: 183.24
Q3: 251.75
Good

In 2024, the liquidity ratio of ENTREPRISE DE TRAVAUX PUB... (234.91) 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
0.44x 2024
2022
2023
2024
Q1: -0.03x
Med: 0.84x
Q3: 6.64x
Average

In 2024, the interest coverage of ENTREPRISE DE TRAVAUX PUB... (0.4x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 58 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 53 days. The company must finance 5 days of gap between collections and payments. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 59 days of revenue, i.e. 3.0 M€ to permanently finance. Over 2016-2024, WCR increased by +39%, requiring additional financing.

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

2 977 428 €

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

58 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

53 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

1 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

59 j

WCR and payment terms evolution
ENTREPRISE DE TRAVAUX PUBLICS DU MIDI

Positioning of ENTREPRISE DE TRAVAUX PUBLICS DU MIDI in its sector

Comparison with sector Construction de routes et autoroutes

Valuation estimate

Based on 67 transactions of similar company sales (all years), the value of ENTREPRISE DE TRAVAUX PUBLICS DU MIDI is estimated at 963 326 € (range 599 860€ - 2 478 161€). With an EBITDA of 713 078€, the sector multiple of 0.6x is applied. The price/revenue ratio is 0.13x (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 2024
67 tx
599k€ 963k€ 2478k€
963 326 € Range: 599 860€ - 2 478 161€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
713 078 € × 0.6x
Estimation 401 606 €
195 821€ - 1 838 390€
Revenue Multiple 30%
18 135 145 € × 0.13x
Estimation 2 445 770 €
1 625 524€ - 4 662 744€
Net Income Multiple 20%
463 485 € × 0.3x
Estimation 143 963 €
71 465€ - 800 718€
How is this estimate calculated?

This estimate is based on the analysis of 67 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 (Construction de routes et autoroutes)

Compare ENTREPRISE DE TRAVAUX PUBLICS DU MIDI with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de routes et autoroutes

Frequently asked questions about ENTREPRISE DE TRAVAUX PUBLICS DU MIDI

What is the revenue of ENTREPRISE DE TRAVAUX PUBLICS DU MIDI ?

The revenue of ENTREPRISE DE TRAVAUX PUBLICS DU MIDI in 2024 is 18.1 M€.

Is ENTREPRISE DE TRAVAUX PUBLICS DU MIDI profitable?

Yes, ENTREPRISE DE TRAVAUX PUBLICS DU MIDI generated a net profit of 463 k€ in 2024.

Where is the headquarters of ENTREPRISE DE TRAVAUX PUBLICS DU MIDI ?

The headquarters of ENTREPRISE DE TRAVAUX PUBLICS DU MIDI is located in MURET (31600), in the department Haute-Garonne.

Where to find the tax return of ENTREPRISE DE TRAVAUX PUBLICS DU MIDI ?

The tax return of ENTREPRISE DE TRAVAUX PUBLICS DU MIDI 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 ENTREPRISE DE TRAVAUX PUBLICS DU MIDI operate?

ENTREPRISE DE TRAVAUX PUBLICS DU MIDI operates in the sector Construction de routes et autoroutes (NAF code 42.11Z). See the 'Sector positioning' section above to compare the company with its competitors.