SIREN : 369200167
FRANCAISE DE MECANIQUE is a French company founded 57 years ago, specialized in the sector Construction de véhicules automobiles. Based in DOUVRIN (62138), this company of category GE shows in 2024 a revenue of 588.4 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 | 588 441 334 € | 972 482 486 € | 922 177 361 € | 855 466 072 € | 885 537 299 € | 1 272 435 121 € | 1 249 060 429 € | 807 444 855 € | 663 015 961 € |
| Net income | 6 173 918 € | 18 382 788 € | 23 467 226 € | 2 459 135 € | -7 594 823 € | 3 401 204 € | 7 630 070 € | 1 405 857 € | 66 122 198 € |
| EBITDA | 11 030 188 € | 27 011 605 € | 28 194 011 € | -474 505 € | -5 593 891 € | 9 070 944 € | 23 880 054 € | 14 652 905 € | 1 333 861 379 € |
| Net margin | 1.0% | 1.9% | 2.5% | 0.3% | -0.9% | 0.3% | 0.6% | 0.2% | 10.0% |
In 2024, FRANCAISE DE MECANIQUE achieves revenue of 588.4 M€. Activity remains stable over the period (CAGR: -1.5%). Significant drop of -39% vs 2023. After deducting consumption (504.7 M€), gross margin stands at 83.7 M€, i.e. a rate of 14%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 11.0 M€, representing 1.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6.2 M€, i.e. 1.0% of revenue. This profit can be retained or distributed to shareholders.
588 441 334 €
83 694 543 €
11 030 188 €
9 023 931 €
6 173 918 €
1.9%
The debt ratio (= Financial debt / Equity x 100) stands at 61%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 26%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 1.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
61.068%
26.26%
1.252%
3.074
6.3%
In 2024, the debt ratio of FRANCAISE DE MECANIQUE (61.07) 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 FRANCAISE DE MECANIQUE (26.3%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of FRANCAISE DE MECANIQUE (3.07) 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 149.45. 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 9.5x. Operating income very largely covers interest expenses: high safety margin.
149.447
9.456
In 2024, the liquidity ratio of FRANCAISE DE MECANIQUE (149.45) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of FRANCAISE DE MECANIQUE (9.5x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 31 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 46 days. Favorable situation: supplier credit is longer than customer credit by 15 days. Inventory turnover is 35 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 67 days of revenue, i.e. 109.8 M€ to permanently finance.
109 761 962 €
31 j
46 j
35 j
67 j
Based on 61 transactions of similar company sales
(all years),
the value of FRANCAISE DE MECANIQUE is estimated at
59 963 769 €
(range 39 168 760€ - 180 388 099€).
With an EBITDA of 11 030 188€, the sector multiple of 1.1x is applied.
The price/revenue ratio is 0.30x
(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 61 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 FRANCAISE DE MECANIQUE with other companies in the same sector:
Voir toutes les statistiques du secteur Construction de véhicules automobiles
The revenue of FRANCAISE DE MECANIQUE in 2024 is 588.4 M€.
Yes, FRANCAISE DE MECANIQUE generated a net profit of 6.2 M€ in 2024.
The headquarters of FRANCAISE DE MECANIQUE is located in DOUVRIN (62138), in the department Pas-de-Calais.
The tax return of FRANCAISE DE MECANIQUE 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).
FRANCAISE DE MECANIQUE operates in the sector Construction de véhicules automobiles (NAF code 29.10Z). See the 'Sector positioning' section above to compare the company with its competitors.