INVESTISSEMENTS TERTIAIRES MEDITERRANEENS : revenue, balance sheet and financial ratios

INVESTISSEMENTS TERTIAIRES MEDITERRANEENS is a French company founded 33 years ago, specialized in the sector Commerce de détail d'habillement en magasin spécialisé. Based in AJACCIO (20000), this company of category PME shows in 2021 a revenue of 138 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 - INVESTISSEMENTS TERTIAIRES MEDITERRANEENS (SIREN 389753252)
Indicator 2021 2020
Revenue 138 134 € 123 060 €
Net income 44 878 € 50 479 €
EBITDA 33 759 € 44 297 €
Net margin 32.5% 41.0%

Revenue and income statement

In 2021, INVESTISSEMENTS TERTIAIRES MEDITERRANEENS achieves revenue of 138 k€. Vs 2020, growth of +12% (123 k€ -> 138 k€). After deducting consumption (0 €), gross margin stands at 138 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 34 k€, representing 24.4% of revenue. Warning negative scissor effect: despite revenue change (+12%), EBITDA varies by -24%, reducing margin by 11.6 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 45 k€, i.e. 32.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

138 134 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

138 134 €

EBITDA (2021) ?
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

33 759 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

50 603 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

44 878 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

24.4%

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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 12%. 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 79%. 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 1.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 20.3% 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 (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

11.591%

Financial autonomy (2021) ?
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

78.958%

Cash flow / Revenue (2021) ?
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

20.288%

Repayment capacity (2021) ?
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

1.456

Asset age ratio (2021) ?
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

1.8%

Solvency indicators evolution
INVESTISSEMENTS TERTIAIRES MEDITERRANEENS

Sector positioning

Debt ratio
11.59 2021
2020
2021
Q1: 1.51
Med: 43.88
Q3: 133.57
Good

In 2021, the debt ratio of INVESTISSEMENTS TERTIAIRE... (11.59) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
78.96% 2021
2020
2021
Q1: 12.83%
Med: 34.31%
Q3: 56.75%
Excellent

In 2021, the financial autonomy of INVESTISSEMENTS TERTIAIRE... (79.0%) 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
1.46 years 2021
2020
2021
Q1: 0.0 years
Med: 0.69 years
Q3: 3.2 years
Average

In 2021, the repayment capacity of INVESTISSEMENTS TERTIAIRE... (1.46) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 403.19. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

403.193

Interest coverage (2021) ?
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
INVESTISSEMENTS TERTIAIRES MEDITERRANEENS

Sector positioning

Liquidity ratio
403.19 2021
2020
2021
Q1: 121.53
Med: 219.62
Q3: 374.31
Excellent +14 pts over 2 years

In 2021, the liquidity ratio of INVESTISSEMENTS TERTIAIRE... (403.19) 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
0.0x 2021
2020
2021
Q1: 0.0x
Med: 0.3x
Q3: 2.69x
Average

In 2021, the interest coverage of INVESTISSEMENTS TERTIAIRE... (0.0x) 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: 51 days. Excellent situation: suppliers finance 51 days of the operating cycle (retail model). Overall, WCR represents 216 days of revenue, i.e. 83 k€ to permanently finance.

Operating WCR (2021) ?
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

82 838 €

Customer credit (2021) ?
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 (2021) ?
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

51 j

Inventory turnover (2021) ?
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 (2021) ?
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

216 j

WCR and payment terms evolution
INVESTISSEMENTS TERTIAIRES MEDITERRANEENS

Positioning of INVESTISSEMENTS TERTIAIRES MEDITERRANEENS in its sector

Comparison with sector Commerce de détail d'habillement en magasin spécialisé

Valuation estimate

Based on 96 transactions of similar company sales in 2021, the value of INVESTISSEMENTS TERTIAIRES MEDITERRANEENS is estimated at 121 105 € (range 40 940€ - 283 631€). With an EBITDA of 33 759€, the sector multiple of 4.2x is applied. The price/revenue ratio is 0.37x (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 value 2021
96 tx
40k€ 121k€ 283k€
121 105 € Range: 40 940€ - 283 631€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
33 759 € × 4.2x
Estimation 143 289 €
42 018€ - 375 556€
Revenue Multiple 30%
138 134 € × 0.37x
Estimation 50 515 €
25 573€ - 97 797€
Net Income Multiple 20%
44 878 € × 3.8x
Estimation 171 534 €
61 298€ - 332 569€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 96 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 détail d'habillement en magasin spécialisé)

Compare INVESTISSEMENTS TERTIAIRES MEDITERRANEENS with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de détail d'habillement en magasin spécialisé

Frequently asked questions about INVESTISSEMENTS TERTIAIRES MEDITERRANEENS

What is the revenue of INVESTISSEMENTS TERTIAIRES MEDITERRANEENS ?

The revenue of INVESTISSEMENTS TERTIAIRES MEDITERRANEENS in 2021 is 138 k€.

Is INVESTISSEMENTS TERTIAIRES MEDITERRANEENS profitable?

Yes, INVESTISSEMENTS TERTIAIRES MEDITERRANEENS generated a net profit of 45 k€ in 2021.

Where is the headquarters of INVESTISSEMENTS TERTIAIRES MEDITERRANEENS ?

The headquarters of INVESTISSEMENTS TERTIAIRES MEDITERRANEENS is located in AJACCIO (20000).

Where to find the tax return of INVESTISSEMENTS TERTIAIRES MEDITERRANEENS ?

The tax return of INVESTISSEMENTS TERTIAIRES MEDITERRANEENS 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 INVESTISSEMENTS TERTIAIRES MEDITERRANEENS operate?

INVESTISSEMENTS TERTIAIRES MEDITERRANEENS operates in the sector Commerce de détail d'habillement en magasin spécialisé (NAF code 47.71Z). See the 'Sector positioning' section above to compare the company with its competitors.