ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE : revenue, balance sheet and financial ratios

ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE is a French company founded 48 years ago, specialized in the sector Préparation industrielle de produits à base de viande. Based in ESPALION (12500), this company of category PME shows in 2023 a revenue of 12.7 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 - ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE (SIREN 313525610)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 12 681 430 € 12 964 025 € 13 436 302 € 12 374 159 € 13 245 480 € 12 636 367 € 12 659 644 € 12 062 603 € 11 525 035 €
Net income 223 740 € 333 748 € 430 646 € 371 894 € 314 410 € 340 974 € 253 800 € 336 479 € 267 246 €
EBITDA 503 861 € 588 557 € 791 722 € 771 742 € 751 662 € 499 683 € 556 124 € 595 318 € 435 217 €
Net margin 1.8% 2.6% 3.2% 3.0% 2.4% 2.7% 2.0% 2.8% 2.3%

Revenue and income statement

In 2023, ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE achieves revenue of 12.7 M€. Revenue is growing positively over 9 years (CAGR: +1.2%). Slight decline of -2% vs 2022. After deducting consumption (7.9 M€), gross margin stands at 4.8 M€, i.e. a rate of 38%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 504 k€, representing 4.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 224 k€, i.e. 1.8% 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

12 681 430 €

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

4 801 826 €

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

503 861 €

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

327 428 €

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

223 740 €

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

4.0%

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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 84%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 43%. 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 8.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 3.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

83.532%

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

42.958%

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

3.033%

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

8.408

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

38.7%

Solvency indicators evolution
ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE

Sector positioning

Debt ratio
83.53 2023
2021
2022
2023
Q1: 5.41
Med: 32.2
Q3: 105.13
Average +12 pts over 3 years

In 2023, the debt ratio of ETABLISSEMENTS SEMENZIN E... (83.53) 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
42.96% 2023
2021
2022
2023
Q1: 20.43%
Med: 43.07%
Q3: 61.58%
Average

In 2023, the financial autonomy of ETABLISSEMENTS SEMENZIN E... (43.0%) 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
8.41 years 2023
2021
2022
2023
Q1: -0.01 years
Med: 0.86 years
Q3: 3.23 years
Watch

In 2023, the repayment capacity of ETABLISSEMENTS SEMENZIN E... (8.41) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 290.62. 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 14.7x. 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

290.621

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

14.681

Liquidity indicators evolution
ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE

Sector positioning

Liquidity ratio
290.62 2023
2021
2022
2023
Q1: 150.25
Med: 215.83
Q3: 310.71
Good +17 pts over 3 years

In 2023, the liquidity ratio of ETABLISSEMENTS SEMENZIN E... (290.62) 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
14.68x 2023
2021
2022
2023
Q1: 0.0x
Med: 1.02x
Q3: 7.4x
Excellent +16 pts over 3 years

In 2023, the interest coverage of ETABLISSEMENTS SEMENZIN E... (14.7x) 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: 51 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 35 days. The company must finance 16 days of gap between collections and payments. Inventory turnover is 56 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 98 days of revenue, i.e. 3.4 M€ to permanently finance. Over 2015-2023, WCR increased by +42%, requiring additional financing.

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

3 436 668 €

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

51 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

35 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

56 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

98 j

WCR and payment terms evolution
ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE

Positioning of ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE in its sector

Comparison with sector Préparation industrielle de produits à base de viande

Valuation estimate

Based on 108 transactions of similar company sales (all years), the value of ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE is estimated at 2 089 970 € (range 1 141 438€ - 4 264 554€). With an EBITDA of 503 861€, the sector multiple of 3.6x is applied. The price/revenue ratio is 0.26x (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
108 transactions
1141k€ 2089k€ 4264k€
2 089 970 € Range: 1 141 438€ - 4 264 554€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
503 861 € × 3.6x
Estimation 1 835 051 €
1 115 845€ - 4 044 102€
Revenue Multiple 30%
12 681 430 € × 0.26x
Estimation 3 257 475 €
1 714 685€ - 5 536 105€
Net Income Multiple 20%
223 740 € × 4.4x
Estimation 976 010 €
345 551€ - 2 908 358€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 108 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 (Préparation industrielle de produits à base de viande)

Compare ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE with other companies in the same sector:

Voir toutes les statistiques du secteur Préparation industrielle de produits à base de viande

Frequently asked questions about ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE

What is the revenue of ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE ?

The revenue of ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE in 2023 is 12.7 M€.

Is ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE profitable?

Yes, ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE generated a net profit of 224 k€ in 2023.

Where is the headquarters of ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE ?

The headquarters of ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE is located in ESPALION (12500), in the department Aveyron.

Where to find the tax return of ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE ?

The tax return of ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE 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 ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE operate?

ETABLISSEMENTS SEMENZIN ET FILS - LE MANOIR ALEXANDRE operates in the sector Préparation industrielle de produits à base de viande (NAF code 10.13A). See the 'Sector positioning' section above to compare the company with its competitors.