HERMES MANUFACTURE DE METAUX (HMM) : revenue, balance sheet and financial ratios

HERMES MANUFACTURE DE METAUX (HMM) is a French company founded 25 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de minerais et métaux. Based in FONTENAY-SOUS-BOIS (94120), this company of category GE shows in 2024 a revenue of 156.3 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

Financial history - HERMES MANUFACTURE DE METAUX (HMM) (SIREN 435233812)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 156 254 074 € 146 291 984 € 120 889 576 € 97 182 193 € 86 892 163 € 84 440 259 € 75 850 340 € 63 917 567 € 46 039 217 €
Net income -12 580 071 € 269 476 € 2 908 507 € 25 729 306 € 3 356 966 € 10 369 720 € 6 445 629 € 4 745 733 € 1 786 477 €
EBITDA -2 076 775 € -119 291 € -376 191 € 775 197 € 1 383 570 € 2 936 933 € 1 689 607 € -33 884 € 218 595 €
Net margin -8.1% 0.2% 2.4% 26.5% 3.9% 12.3% 8.5% 7.4% 3.9%

Revenue and income statement

In 2024, HERMES MANUFACTURE DE METAUX (HMM) achieves revenue of 156.3 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +16.5%. Vs 2023: +7%. After deducting consumption (144.5 M€), gross margin stands at 11.8 M€, i.e. a rate of 8%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -2.1 M€, representing -1.3% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -12.6 M€ (-8.1% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

156 254 074 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

11 800 156 €

EBITDA (2024) ?
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

-2 076 775 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-2 734 391 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-12 580 071 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-1.3%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 95%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 47%. 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 22.6 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

95.231%

Financial autonomy (2024) ?
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

46.787%

Cash flow / Revenue (2024) ?
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

1.002%

Repayment capacity (2024) ?
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

22.595

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

66.6%

Solvency indicators evolution
HERMES MANUFACTURE DE METAUX (HMM)

Sector positioning

Debt ratio
95.23 2024
2022
2023
2024
Q1: 0.21
Med: 11.92
Q3: 50.67
Watch +34 pts over 3 years

In 2024, the debt ratio of HERMES MANUFACTURE DE MET... (95.23) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
46.79% 2024
2022
2023
2024
Q1: 28.45%
Med: 52.57%
Q3: 71.08%
Average -31 pts over 3 years

In 2024, the financial autonomy of HERMES MANUFACTURE DE MET... (46.8%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
22.59 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.01 years
Q3: 1.69 years
Watch +8 pts over 3 years

In 2024, the repayment capacity of HERMES MANUFACTURE DE MET... (22.59) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 730.09. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

730.089

Interest coverage (2024) ?
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

-703.36

Liquidity indicators evolution
HERMES MANUFACTURE DE METAUX (HMM)

Sector positioning

Liquidity ratio
730.09 2024
2022
2023
2024
Q1: 172.14
Med: 274.65
Q3: 436.7
Excellent +13 pts over 3 years

In 2024, the liquidity ratio of HERMES MANUFACTURE DE MET... (730.09) 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.

Interest coverage
-703.36x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.37x
Q3: 11.8x
Watch

In 2024, the interest coverage of HERMES MANUFACTURE DE MET... (-703.4x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 27 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 5 days. The company must finance 22 days of gap between collections and payments. Inventory turnover is 52 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 95 days of revenue, i.e. 41.2 M€ to permanently finance. Over 2016-2024, WCR increased by +167%, requiring additional financing.

Operating WCR (2024) ?
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

41 216 700 €

Customer credit (2024) ?
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

27 j

Supplier credit (2024) ?
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

5 j

Inventory turnover (2024) ?
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

52 j

WCR in days of revenue (2024) ?
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

95 j

WCR and payment terms evolution
HERMES MANUFACTURE DE METAUX (HMM)

Positioning of HERMES MANUFACTURE DE METAUX (HMM) in its sector

Comparison with sector Commerce de gros (commerce interentreprises) de minerais et métaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (23 transactions). This range of 18 620 251€ to 34 327 143€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
18620k€ 29933k€ 34327k€
29 933 220 € Range: 18 620 251€ - 34 327 143€
NAF 5 all-time

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 23 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 (Commerce de gros (commerce interentreprises) de minerais et métaux)

Compare HERMES MANUFACTURE DE METAUX (HMM) with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de minerais et métaux

Frequently asked questions about HERMES MANUFACTURE DE METAUX (HMM)

What is the revenue of HERMES MANUFACTURE DE METAUX (HMM) ?

The revenue of HERMES MANUFACTURE DE METAUX (HMM) in 2024 is 156.3 M€.

Is HERMES MANUFACTURE DE METAUX (HMM) profitable?

HERMES MANUFACTURE DE METAUX (HMM) recorded a net loss in 2024.

Where is the headquarters of HERMES MANUFACTURE DE METAUX (HMM) ?

The headquarters of HERMES MANUFACTURE DE METAUX (HMM) is located in FONTENAY-SOUS-BOIS (94120), in the department Val-de-Marne.

Where to find the tax return of HERMES MANUFACTURE DE METAUX (HMM) ?

The tax return of HERMES MANUFACTURE DE METAUX (HMM) 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 HERMES MANUFACTURE DE METAUX (HMM) operate?

HERMES MANUFACTURE DE METAUX (HMM) operates in the sector Commerce de gros (commerce interentreprises) de minerais et métaux (NAF code 46.72Z). See the 'Sector positioning' section above to compare the company with its competitors.