SIREN : 313384901
FONCIA MORBIHAN is a French company founded 48 years ago, specialized in the sector Administration d'immeubles et autres biens immobiliers. Based in VANNES (56000), this company of category GE shows in 2024 a revenue of 7.2 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7 187 091 € | 7 363 821 € | 7 433 389 € | 7 600 021 € | 7 138 856 € | 6 639 740 € | 4 754 922 € | 2 878 732 € | 2 716 863 € |
| Net income | -204 175 € | 543 868 € | 660 078 € | 361 904 € | 421 664 € | 422 286 € | 493 675 € | 360 075 € | 158 685 € |
| EBITDA | 1 545 973 € | 1 433 876 € | 1 836 849 € | 1 438 852 € | 1 727 041 € | 923 079 € | 965 514 € | 678 933 € | 330 602 € |
| Net margin | -2.8% | 7.4% | 8.9% | 4.8% | 5.9% | 6.4% | 10.4% | 12.5% | 5.8% |
In 2024, FONCIA MORBIHAN achieves revenue of 7.2 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +12.9%. Slight decline of -2% vs 2023. After deducting consumption (113 €), gross margin stands at 7.2 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 1.5 M€, representing 21.5% of revenue. Positive scissor effect: EBITDA margin improves by +2.0 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -204 k€ (-2.8% of revenue), which will impact equity.
7 187 091 €
7 186 978 €
1 545 973 €
876 985 €
-204 175 €
21.5%
The debt ratio (= Financial debt / Equity x 100) stands at 12%. 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 61%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
11.66%
60.55%
-3.416%
-3.777
32.2%
In 2024, the debt ratio of FONCIA MORBIHAN (11.66) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of FONCIA MORBIHAN (60.5%) 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 FONCIA MORBIHAN (-3.78) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 168.57. 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 72.6x. Operating income very largely covers interest expenses: high safety margin.
168.571
72.615
In 2024, the liquidity ratio of FONCIA MORBIHAN (168.57) 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.
In 2024, the interest coverage of FONCIA MORBIHAN (72.6x) 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: 18 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 233 days. Excellent situation: suppliers finance 215 days of the operating cycle (retail model). Overall, WCR represents 146 days of revenue, i.e. 2.9 M€ to permanently finance. Over 2016-2024, WCR increased by +264%, requiring additional financing.
2 915 443 €
18 j
233 j
0 j
146 j
Based on 277 transactions of similar company sales (all years), the value of FONCIA MORBIHAN is estimated at 2 050 562 € (range 816 577€ - 5 544 227€). With an EBITDA of 1 545 973€, the sector multiple of 1.3x is applied. The price/revenue ratio is 0.29x (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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 277 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 FONCIA MORBIHAN with other companies in the same sector:
Voir toutes les statistiques du secteur Administration d'immeubles et autres biens immobiliers
The revenue of FONCIA MORBIHAN in 2024 is 7.2 M€.
FONCIA MORBIHAN recorded a net loss in 2024.
The headquarters of FONCIA MORBIHAN is located in VANNES (56000), in the department Morbihan.
The tax return of FONCIA MORBIHAN 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).
FONCIA MORBIHAN operates in the sector Administration d'immeubles et autres biens immobiliers (NAF code 68.32A). See the 'Sector positioning' section above to compare the company with its competitors.