SIREN : 592029136
FENEC is a French company founded 67 years ago, specialized in the sector Fabrication d'autres articles en caoutchouc. Based in SAINT-PIERRE-LA-GARENNE (27600), this company of category PME shows in 2024 a revenue of 1.8 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 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 755 623 € | 1 596 721 € | 1 686 817 € | 1 597 152 € | 2 352 558 € | 2 028 292 € | 2 025 943 € | 1 511 901 € | 1 576 645 € |
| Net income | 113 652 € | 110 111 € | 141 835 € | -7 672 € | 257 221 € | 198 563 € | 198 536 € | 182 080 € | 144 401 € |
| EBITDA | 140 826 € | 64 558 € | 170 009 € | 55 564 € | 397 226 € | 314 113 € | 300 109 € | 244 423 € | 161 509 € |
| Net margin | 6.5% | 6.9% | 8.4% | -0.5% | 10.9% | 9.8% | 9.8% | 12.0% | 9.2% |
In 2024, FENEC achieves revenue of 1.8 M€. Revenue is growing positively over 9 years (CAGR: +1.4%). Vs 2023: +10%. After deducting consumption (685 k€), gross margin stands at 1.1 M€, i.e. a rate of 61%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 141 k€, representing 8.0% of revenue. Positive scissor effect: EBITDA margin improves by +4.0 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 114 k€, i.e. 6.5% of revenue. This profit can be retained or distributed to shareholders.
1 755 623 €
1 070 536 €
140 826 €
126 781 €
113 652 €
8.0%
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 90%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 7.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
0.067%
89.501%
7.205%
0.006
3.5%
In 2024, the debt ratio of FENEC (0.07) 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.
In 2024, the financial autonomy of FENEC (89.5%) 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.
In 2024, the repayment capacity of FENEC (0.01) 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 724.18. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
724.177
0.0
In 2024, the liquidity ratio of FENEC (724.18) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2024, the interest coverage of FENEC (0.0x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 45 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 22 days. The company must finance 23 days of gap between collections and payments. Inventory turnover is 26 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 82 days of revenue, i.e. 400 k€ to permanently finance. Over 2016-2024, WCR increased by +44%, requiring additional financing.
400 106 €
45 j
22 j
26 j
82 j
Based on 80 transactions of similar company sales
(all years),
the value of FENEC is estimated at
237 887 €
(range 99 825€ - 485 421€).
With an EBITDA of 140 826€, the sector multiple of 1.3x is applied.
The price/revenue ratio is 0.21x
(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 80 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 FENEC with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d'autres articles en caoutchouc
The revenue of FENEC in 2024 is 1.8 M€.
Yes, FENEC generated a net profit of 114 k€ in 2024.
The headquarters of FENEC is located in SAINT-PIERRE-LA-GARENNE (27600), in the department Eure.
The tax return of FENEC 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).
FENEC operates in the sector Fabrication d'autres articles en caoutchouc (NAF code 22.19Z). See the 'Sector positioning' section above to compare the company with its competitors.