SIREN : 489385385
ETM is a French company founded 20 years ago, specialized in the sector Installation de structures métalliques, chaudronnées et de tuyauterie. Based in MORANGIS (91420), this company of category ETI shows in 2024 a revenue of 4.8 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 809 534 € | 4 378 853 € | 5 676 123 € | 6 151 026 € | 3 510 228 € | 3 544 890 € | 5 372 548 € | 3 524 991 € | 5 101 350 € |
| Net income | -2 518 € | 15 941 € | 19 464 € | 24 471 € | 55 643 € | 113 540 € | 47 286 € | 162 393 € | 83 155 € |
| EBITDA | 34 626 € | 33 371 € | 21 364 € | 60 837 € | 58 287 € | 223 210 € | 78 378 € | 254 855 € | 148 246 € |
| Net margin | -0.1% | 0.4% | 0.3% | 0.4% | 1.6% | 3.2% | 0.9% | 4.6% | 1.6% |
In 2024, ETM achieves revenue of 4.8 M€. Activity remains stable over the period (CAGR: -0.7%). Vs 2023: +10%. After deducting consumption (619 k€), gross margin stands at 4.2 M€, i.e. a rate of 87%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 35 k€, representing 0.7% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -3 k€ (-0.1% of revenue), which will impact equity.
4 809 534 €
4 190 207 €
34 626 €
14 291 €
-2 518 €
0.7%
The debt ratio (= Financial debt / Equity x 100) stands at 3%. 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 11%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 0.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
2.62%
10.955%
0.374%
0.139
16.3%
In 2024, the debt ratio of ETM (2.62) 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 ETM (11.0%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2024, the repayment capacity of ETM (0.14) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 120.13. 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 49.3x. Operating income very largely covers interest expenses: high safety margin.
120.134
49.252
In 2024, the liquidity ratio of ETM (120.13) 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.
In 2024, the interest coverage of ETM (49.2x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 120 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 93 days. The company must finance 27 days of gap between collections and payments. Inventory turnover is 31 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 77 days of revenue, i.e. 1.0 M€ to permanently finance.
1 024 864 €
120 j
93 j
31 j
77 j
Based on 98 transactions of similar company sales
(all years),
the value of ETM is estimated at
346 460 €
(range 153 371€ - 567 199€).
With an EBITDA of 34 626€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.18x
(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.
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This estimate is based on the analysis of 98 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 ETM with other companies in the same sector:
The revenue of ETM in 2024 is 4.8 M€.
ETM recorded a net loss in 2024.
The headquarters of ETM is located in MORANGIS (91420), in the department Essonne.
The tax return of ETM 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).
ETM operates in the sector Installation de structures métalliques, chaudronnées et de tuyauterie (NAF code 33.20A). See the 'Sector positioning' section above to compare the company with its competitors.