HOLDING MANAGERS ET MILLET : revenue, balance sheet and financial ratios

HOLDING MANAGERS ET MILLET is a French company founded 16 years ago, specialized in the sector Activités des sociétés holding. Based in LORIOL-SUR-DROME (26270), this company of category PME shows in 2019 a revenue of 171 k€. 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 - HOLDING MANAGERS ET MILLET (SIREN 518741368)
Indicator 2019 2018 2017 2016
Revenue 171 322 € 514 801 € 640 650 € 611 245 €
Net income 19 326 866 € 853 461 € 2 014 412 € 1 091 634 €
EBITDA -313 683 € -120 034 € -89 670 € -34 395 €
Net margin 11281.0% 165.8% 314.4% 178.6%

Revenue and income statement

In 2019, HOLDING MANAGERS ET MILLET achieves revenue of 171 k€. Revenue is declining over the period 2016-2019 (CAGR: -34.6%). Significant drop of -67% vs 2018. After deducting consumption (0 €), gross margin stands at 171 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -314 k€, representing -183.1% of revenue. Warning negative scissor effect: despite revenue change (-67%), EBITDA varies by -161%, reducing margin by 159.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 19.3 M€, i.e. 11281.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2019) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

171 322 €

Gross margin (2019) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

171 322 €

EBITDA (2019) ?
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

-313 683 €

EBIT (2019) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-258 633 €

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

19 326 866 €

EBITDA margin (2019) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-183.1%

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Chart evolution

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Assets

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Liabilities

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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 94%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.032%

Financial autonomy (2019) ?
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

94.011%

Cash flow / Revenue (2019) ?
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

-356.941%

Repayment capacity (2019) ?
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

-0.002

Solvency indicators evolution
HOLDING MANAGERS ET MILLET

Sector positioning

Debt ratio
0.03 2019
2017
2018
2019
Q1: 0.17
Med: 17.07
Q3: 90.65
Excellent -50 pts over 3 years

In 2019, the debt ratio of HOLDING MANAGERS ET MILLET (0.03) 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
94.01% 2019
2017
2018
2019
Q1: 21.04%
Med: 59.32%
Q3: 88.44%
Excellent +31 pts over 3 years

In 2019, the financial autonomy of HOLDING MANAGERS ET MILLET (94.0%) 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 years 2019
2017
2018
2019
Q1: -0.0 years
Med: 0.17 years
Q3: 4.06 years
Excellent -31 pts over 3 years

In 2019, the repayment capacity of HOLDING MANAGERS ET MILLET (-0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 1060.97. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2019) ?
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

1060.97

Interest coverage (2019) ?
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

-34.965

Liquidity indicators evolution
HOLDING MANAGERS ET MILLET

Sector positioning

Liquidity ratio
1060.97 2019
2017
2018
2019
Q1: 104.16
Med: 436.01
Q3: 2275.38
Good

In 2019, the liquidity ratio of HOLDING MANAGERS ET MILLET (1060.97) 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
-34.97x 2019
2017
2018
2019
Q1: -58.78x
Med: 0.0x
Q3: 0.0x
Average +10 pts over 3 years

In 2019, the interest coverage of HOLDING MANAGERS ET MILLET (-35.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 6 days. Favorable situation: supplier credit is longer than customer credit by 6 days. WCR is negative (-415 days): operations structurally generate cash. Notable WCR improvement over the period (-430%), freeing up cash.

Operating WCR (2019) ?
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

-197 611 €

Customer credit (2019) ?
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

0 j

Supplier credit (2019) ?
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

6 j

Inventory turnover (2019) ?
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 (2019) ?
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

-415 j

WCR and payment terms evolution
HOLDING MANAGERS ET MILLET

Positioning of HOLDING MANAGERS ET MILLET in its sector

Comparison with sector Activités des sociétés holding

Valuation estimate

Based on 72 transactions of similar company sales in 2019, the value of HOLDING MANAGERS ET MILLET is estimated at 58 805 889 € (range 10 219 186€ - 121 646 332€). The price/revenue ratio is 0.66x (in line with sector norms). 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 value 2019
72 tx
10219k€ 58805k€ 121646k€
58 805 889 € Range: 10 219 186€ - 121 646 332€
NAF 5 année 2019

Valuation detail by method

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Revenue Multiple 30%
171 322 € × 0.66x
Estimation 113 621 €
68 888€ - 196 783€
Net Income Multiple 20%
19 326 866 € × 7.6x
Estimation 146 844 293 €
25 444 634€ - 303 820 658€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 72 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 (Activités des sociétés holding)

Compare HOLDING MANAGERS ET MILLET with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des sociétés holding

Frequently asked questions about HOLDING MANAGERS ET MILLET

What is the revenue of HOLDING MANAGERS ET MILLET ?

The revenue of HOLDING MANAGERS ET MILLET in 2019 is 171 k€.

Is HOLDING MANAGERS ET MILLET profitable?

Yes, HOLDING MANAGERS ET MILLET generated a net profit of 19.3 M€ in 2019.

Where is the headquarters of HOLDING MANAGERS ET MILLET ?

The headquarters of HOLDING MANAGERS ET MILLET is located in LORIOL-SUR-DROME (26270), in the department Drome.

Where to find the tax return of HOLDING MANAGERS ET MILLET ?

The tax return of HOLDING MANAGERS ET MILLET 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 HOLDING MANAGERS ET MILLET operate?

HOLDING MANAGERS ET MILLET operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.