SIREN : 450136809
FRANCE-JOINT is a French company founded 22 years ago, specialized in the sector Fabrication d'autres articles en caoutchouc. Based in CUGAND (85610), this company of category PME shows in 2019 a revenue of 5.9 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 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Revenue | 5 922 568 € | 6 168 179 € | 5 916 362 € | 5 279 687 € |
| Net income | 1 027 109 € | 1 113 069 € | 1 081 751 € | 943 295 € |
| EBITDA | 1 315 604 € | 1 564 937 € | 1 627 371 € | 1 458 399 € |
| Net margin | 17.3% | 18.0% | 18.3% | 17.9% |
In 2019, FRANCE-JOINT achieves revenue of 5.9 M€. Revenue is growing positively over 4 years (CAGR: +3.9%). Slight decline of -4% vs 2018. After deducting consumption (1.8 M€), gross margin stands at 4.1 M€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.3 M€, representing 22.2% of revenue. Warning negative scissor effect: despite revenue change (-4%), EBITDA varies by -16%, reducing margin by 3.2 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.0 M€, i.e. 17.3% of revenue. This profit can be retained or distributed to shareholders.
5 922 568 €
4 080 776 €
1 315 604 €
1 147 805 €
1 027 109 €
22.2%
The debt ratio (= Financial debt / Equity x 100) stands at 3%. 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 86%. 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 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 20.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
3.249%
86.308%
20.035%
0.135
54.0%
In 2019, the debt ratio of FRANCE-JOINT (3.25) 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 2019, the financial autonomy of FRANCE-JOINT (86.3%) 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.
In 2019, the repayment capacity of FRANCE-JOINT (0.14) 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 995.99. 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 0.3x. Danger: operating income does not cover interest charges, unsustainable situation.
995.99
0.259
In 2019, the liquidity ratio of FRANCE-JOINT (995.99) 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 2019, the interest coverage of FRANCE-JOINT (0.3x) 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: 44 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 15 days. The company must finance 29 days of gap between collections and payments. Inventory turnover is 174 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 197 days of revenue, i.e. 3.2 M€ to permanently finance. Over 2016-2019, WCR increased by +20%, requiring additional financing.
3 235 025 €
44 j
15 j
174 j
197 j
Based on 80 transactions of similar company sales
(all years),
the value of FRANCE-JOINT is estimated at
1 564 243 €
(range 621 568€ - 3 614 780€).
With an EBITDA of 1 315 604€, 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 FRANCE-JOINT with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d'autres articles en caoutchouc
The revenue of FRANCE-JOINT in 2019 is 5.9 M€.
Yes, FRANCE-JOINT generated a net profit of 1.0 M€ in 2019.
The headquarters of FRANCE-JOINT is located in CUGAND (85610), in the department Vendee.
The tax return of FRANCE-JOINT 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).
FRANCE-JOINT 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.