SIREN : 445298409
FPI 38 is a French company founded 23 years ago, specialized in the sector Travaux de peinture et vitrerie. Based in MONTBONNOT-SAINT-MARTIN (38330), this company of category PME shows in 2020 a revenue of 197 k€. 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
| Indicator | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 196 761 € | 255 658 € | 182 790 € | 223 470 € | 248 642 € |
| Net income | 18 235 € | 36 108 € | 8 750 € | 7 313 € | 1 034 € |
| EBITDA | 15 397 € | 51 788 € | 21 574 € | 18 660 € | 19 175 € |
| Net margin | 9.3% | 14.1% | 4.8% | 3.3% | 0.4% |
In 2020, FPI 38 achieves revenue of 197 k€. Revenue is declining over the period 2016-2020 (CAGR: -5.7%). Significant drop of -23% vs 2019. After deducting consumption (54 k€), gross margin stands at 142 k€, i.e. a rate of 72%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 15 k€, representing 7.8% of revenue. Warning negative scissor effect: despite revenue change (-23%), EBITDA varies by -70%, reducing margin by 12.4 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 18 k€, i.e. 9.3% of revenue. This profit can be retained or distributed to shareholders.
196 761 €
142 362 €
15 397 €
16 026 €
18 235 €
7.7%
The debt ratio (= Financial debt / Equity x 100) stands at 4%. 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 70%. 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 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
3.922%
69.879%
5.949%
0.455
2.0%
In 2020, the debt ratio of FPI 38 (3.92) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2020, the financial autonomy of FPI 38 (69.9%) 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 2020, the repayment capacity of FPI 38 (0.46) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 357.18. 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 1.9x. Coverage is limited: any activity downturn would jeopardize interest payments.
357.183
1.916
In 2020, the liquidity ratio of FPI 38 (357.18) 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 2020, the interest coverage of FPI 38 (1.9x) 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: 75 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 79 days. Favorable situation: supplier credit is longer than customer credit by 4 days. Inventory turnover is 5 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 77 days of revenue, i.e. 42 k€ to permanently finance. Notable WCR improvement over the period (-43%), freeing up cash.
42 115 €
75 j
79 j
5 j
77 j
Based on 88 transactions of similar company sales
(all years),
the value of FPI 38 is estimated at
42 464 €
(range 15 057€ - 75 765€).
With an EBITDA of 15 397€, the sector multiple of 2.7x 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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 88 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 FPI 38 with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux de peinture et vitrerie
The revenue of FPI 38 in 2020 is 197 k€.
Yes, FPI 38 generated a net profit of 18 k€ in 2020.
The headquarters of FPI 38 is located in MONTBONNOT-SAINT-MARTIN (38330), in the department Isere.
The tax return of FPI 38 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).
FPI 38 operates in the sector Travaux de peinture et vitrerie (NAF code 43.34Z). See the 'Sector positioning' section above to compare the company with its competitors.