SIREN : 411101892
E.T.A. MERAT is a French company founded 29 years ago, specialized in the sector Activités de soutien aux cultures. Based in LES ESSARTS-LES-SEZANNE (51120), this company of category PME shows in 2024 a revenue of 9.5 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
| Indicator | 2024 | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9 522 460 € | 8 217 465 € | 6 954 806 € | 6 168 400 € | 5 571 562 € | 6 388 425 € | 5 127 223 € | 3 040 740 € |
| Net income | 265 991 € | 186 656 € | 322 799 € | 310 453 € | 68 655 € | 262 403 € | 68 128 € | 282 835 € |
| EBITDA | 663 446 € | 492 371 € | 515 318 € | 548 768 € | 457 412 € | 625 318 € | 443 268 € | -2 162 € |
| Net margin | 2.8% | 2.3% | 4.6% | 5.0% | 1.2% | 4.1% | 1.3% | 9.3% |
In 2024, E.T.A. MERAT achieves revenue of 9.5 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +15.3%. Vs 2023, growth of +16% (8.2 M€ -> 9.5 M€). After deducting consumption (1.7 M€), gross margin stands at 7.9 M€, i.e. a rate of 82%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 663 k€, representing 7.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 266 k€, i.e. 2.8% of revenue. This profit can be retained or distributed to shareholders.
9 522 460 €
7 854 016 €
663 446 €
323 763 €
265 991 €
7.0%
The debt ratio (= Financial debt / Equity x 100) stands at 58%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 36%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 6.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
58.289%
35.546%
6.256%
2.338
22.0%
In 2024, the debt ratio of E.T.A. MERAT (58.29) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of E.T.A. MERAT (35.5%) 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.
In 2024, the repayment capacity of E.T.A. MERAT (2.34) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 163.76. 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 6.1x. Operating income very largely covers interest expenses: high safety margin.
163.765
6.108
In 2024, the liquidity ratio of E.T.A. MERAT (163.76) 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.
In 2024, the interest coverage of E.T.A. MERAT (6.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 111 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 51 days. The gap of 60 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 23 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 113 days of revenue, i.e. 3.0 M€ to permanently finance. Over 2016-2024, WCR increased by +91%, requiring additional financing.
2 995 766 €
111 j
51 j
23 j
113 j
Based on 50 transactions of similar company sales
(all years),
the value of E.T.A. MERAT is estimated at
2 050 038 €
(range 719 429€ - 3 633 944€).
With an EBITDA of 663 446€, the sector multiple of 2.7x is applied.
The price/revenue ratio is 0.37x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 50 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare E.T.A. MERAT with other companies in the same sector:
Voir toutes les statistiques du secteur Activités de soutien aux cultures
The revenue of E.T.A. MERAT in 2024 is 9.5 M€.
Yes, E.T.A. MERAT generated a net profit of 266 k€ in 2024.
The headquarters of E.T.A. MERAT is located in LES ESSARTS-LES-SEZANNE (51120), in the department Marne.
The tax return of E.T.A. MERAT 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).
E.T.A. MERAT operates in the sector Activités de soutien aux cultures (NAF code 01.61Z). See the 'Sector positioning' section above to compare the company with its competitors.