FSC is a French company
founded 19 years ago,
specialized in the sector Promotion immobilière de logements.
Based in ANTONY (92160),
this company of category ETI
shows in 2022 a revenue of 17.0 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2022, FSC achieves revenue of 17.0 M€. Revenue is growing positively over 7 years (CAGR: +3.2%). Vs 2021, growth of +27% (13.3 M€ -> 17.0 M€). After deducting consumption (0 €), gross margin stands at 17.0 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 4.8 M€, representing 28.1% of revenue. Positive scissor effect: EBITDA margin improves by +3.9 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3.4 M€, i.e. 20.0% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2022)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
16 953 070 €
Gross margin (2022)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
16 953 070 €
EBITDA (2022)
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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
4 770 580 €
EBIT (2022)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
4 836 233 €
Net income (2022)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
3 389 048 €
EBITDA margin (2022)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
28.1%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 84%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 19.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
Debt ratio (2022)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
0.0%
Financial autonomy (2022)
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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
83.973%
Cash flow / Revenue (2022)
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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
19.67%
Repayment capacity (2022)
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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
0.0
Asset age ratio (2022)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
Debt ratio
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Financial autonomy
24.583
63.741
78.696
79.334
86.004
86.663
83.973
Repayment capacity
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Cash flow / Revenue
22.044%
22.761%
16.859%
20.429%
13.03%
17.766%
19.67%
Sector positioning
Debt ratio
0.02022
2020
2021
2022
Q1: 0.0
Med: 9.78
Q3: 170.47
Excellent
In 2022, the debt ratio of FSC (0.00) 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.
Financial autonomy
83.97%2022
2020
2021
2022
Q1: 0.08%
Med: 16.67%
Q3: 57.8%
Excellent
In 2022, the financial autonomy of FSC (84.0%) 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
0.0 years2022
2020
2021
2022
Q1: -1.96 years
Med: 0.0 years
Q3: 2.58 years
Good
In 2022, the repayment capacity of FSC (0.00) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 617.82. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2022)
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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
617.822
Interest coverage (2022)
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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
0.0
Liquidity indicators evolution FSC
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
Liquidity ratio
130.723
269.556
460.176
478.257
707.587
741.962
617.822
Interest coverage
0.391
0.556
0.023
0.011
0.511
0.589
0.0
Sector positioning
Liquidity ratio
617.822022
2020
2021
2022
Q1: 141.58
Med: 338.94
Q3: 1019.12
Good
In 2022, the liquidity ratio of FSC (617.82) 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.
Interest coverage
0.0x2022
2020
2021
2022
Q1: -3.69x
Med: 0.0x
Q3: 3.08x
Good-9 pts over 3 years
In 2022, the interest coverage of FSC (0.0x) 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: 2 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 90 days. Excellent situation: suppliers finance 88 days of the operating cycle (retail model). Overall, WCR represents 333 days of revenue, i.e. 15.7 M€ to permanently finance. Over 2016-2022, WCR increased by +353%, requiring additional financing.
Operating WCR (2022)
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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
15 682 437 €
Customer credit (2022)
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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
2 j
Supplier credit (2022)
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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
90 j
Inventory turnover (2022)
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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
0 j
WCR in days of revenue (2022)
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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
333 j
WCR and payment terms evolution FSC
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
Operating WCR
-6 190 576 €
4 002 449 €
3 932 232 €
2 017 091 €
8 685 954 €
12 613 874 €
15 682 437 €
Inventory turnover (days)
0
0
0
0
0
0
0
Customer payment term (days)
1
2
1
29
22
12
2
Supplier payment term (days)
115
116
71
84
71
78
90
Positioning of FSC in its sector
Comparison with sector Promotion immobilière de logements
Valuation estimate
Based on 80 transactions of similar company sales
(all years),
the value of FSC is estimated at
5 408 003 €
(range 1 994 447€ - 15 158 329€).
With an EBITDA of 4 770 580€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.28x
(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 value2022
80 tx
1994k€5408k€15158k€
5 408 003 €Range: 1 994 447€ - 15 158 329€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
4 770 580 €×1.0x
Estimation4 786 641 €
1 976 638€ - 14 558 300€
Revenue Multiple30%
16 953 070 €×0.28x
Estimation4 742 812 €
1 705 463€ - 11 664 668€
Net Income Multiple20%
3 389 048 €×2.3x
Estimation7 959 196 €
2 472 445€ - 21 898 894€
How is this estimate calculated?
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.
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 (Promotion immobilière de logements)
Compare FSC with other companies in the same sector:
Yes, FSC generated a net profit of 3.4 M€ in 2022.
Where is the headquarters of FSC ?
The headquarters of FSC is located in ANTONY (92160), in the department Hauts-de-Seine.
Where to find the tax return of FSC ?
The tax return of FSC 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 FSC operate?
FSC operates in the sector Promotion immobilière de logements (NAF code 41.10A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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