FERROTRACT : revenue, balance sheet and financial ratios

FERROTRACT is a French company founded 14 years ago, specialized in the sector Construction de voies ferrées de surface et souterraines. Based in SAINT-PIERRE-DES-CORPS (37700), this company of category ETI shows in 2024 a revenue of 23.8 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

Financial history - FERROTRACT (SIREN 534116975)
Indicator 2024 2023 2021 2020 2019 2018 2017 2016
Revenue 23 751 355 € 22 153 157 € 23 194 311 € 19 228 906 € 19 506 365 € 18 105 824 € 16 317 169 € 16 947 860 €
Net income 7 410 090 € 1 411 448 € 2 001 832 € 1 102 085 € -299 447 € 542 831 € 303 611 € 361 570 €
EBITDA 1 264 576 € 2 252 186 € 2 811 803 € 2 473 143 € 437 316 € 1 449 583 € 1 397 886 € 2 050 054 €
Net margin 31.2% 6.4% 8.6% 5.7% -1.5% 3.0% 1.9% 2.1%

Revenue and income statement

In 2024, FERROTRACT achieves revenue of 23.8 M€. Revenue is growing positively over 8 years (CAGR: +4.3%). Vs 2023: +7%. After deducting consumption (-1 k€), gross margin stands at 23.8 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.3 M€, representing 5.3% of revenue. Warning negative scissor effect: despite revenue change (+7%), EBITDA varies by -44%, reducing margin by 4.8 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 7.4 M€, i.e. 31.2% 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

23 751 355 €

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

23 752 532 €

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

1 264 576 €

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

1 120 433 €

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

7 410 090 €

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

5.3%

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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 23%. 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 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

23.26%

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

60.321%

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

-6.429%

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

-1.737

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

22.1%

Solvency indicators evolution
FERROTRACT

Sector positioning

Debt ratio
23.26 2024
2021
2023
2024
Q1: 4.15
Med: 33.92
Q3: 157.93
Good +9 pts over 3 years

In 2024, the debt ratio of FERROTRACT (23.26) 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
60.32% 2024
2021
2023
2024
Q1: 5.69%
Med: 21.85%
Q3: 37.51%
Excellent +10 pts over 3 years

In 2024, the financial autonomy of FERROTRACT (60.3%) 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
-1.74 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.63 years
Q3: 3.44 years
Excellent -22 pts over 3 years

In 2024, the repayment capacity of FERROTRACT (-1.74) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 453.74. 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 4.1x. Financial charges are adequately covered by operations.

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

453.736

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

4.124

Liquidity indicators evolution
FERROTRACT

Sector positioning

Liquidity ratio
453.74 2024
2021
2023
2024
Q1: 129.97
Med: 169.88
Q3: 227.23
Excellent +21 pts over 3 years

In 2024, the liquidity ratio of FERROTRACT (453.74) 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.

Interest coverage
4.12x 2024
2021
2023
2024
Q1: -0.14x
Med: 0.75x
Q3: 12.09x
Good

In 2024, the interest coverage of FERROTRACT (4.1x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 97 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 32 days. The gap of 65 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 7 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 205 days of revenue, i.e. 13.5 M€ to permanently finance. Over 2016-2024, WCR increased by +1698%, 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

13 540 885 €

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

97 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

32 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

7 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

205 j

WCR and payment terms evolution
FERROTRACT

Positioning of FERROTRACT in its sector

Comparison with sector Construction de voies ferrées de surface et souterraines

Valuation estimate

Based on 76 transactions of similar company sales (all years), the value of FERROTRACT is estimated at 2 163 627 € (range 1 102 771€ - 6 807 451€). With an EBITDA of 1 264 576€, 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
76 tx
1102k€ 2163k€ 6807k€
2 163 627 € Range: 1 102 771€ - 6 807 451€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 264 576 € × 0.6x
Estimation 760 439 €
359 246€ - 3 346 572€
Revenue Multiple 30%
23 751 355 € × 0.13x
Estimation 3 203 192 €
2 282 251€ - 5 891 472€
Net Income Multiple 20%
7 410 090 € × 0.6x
Estimation 4 112 253 €
1 192 366€ - 16 833 621€
How is this estimate calculated?

This estimate is based on the analysis of 76 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 voies ferrées de surface et souterraines)

Compare FERROTRACT with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de voies ferrées de surface et souterraines

Frequently asked questions about FERROTRACT

What is the revenue of FERROTRACT ?

The revenue of FERROTRACT in 2024 is 23.8 M€.

Is FERROTRACT profitable?

Yes, FERROTRACT generated a net profit of 7.4 M€ in 2024.

Where is the headquarters of FERROTRACT ?

The headquarters of FERROTRACT is located in SAINT-PIERRE-DES-CORPS (37700), in the department Indre-et-Loire.

Where to find the tax return of FERROTRACT ?

The tax return of FERROTRACT 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 FERROTRACT operate?

FERROTRACT operates in the sector Construction de voies ferrées de surface et souterraines (NAF code 42.12Z). See the 'Sector positioning' section above to compare the company with its competitors.