SIREN : 399095975
JOCEM is a French company founded 31 years ago, specialized in the sector Activités des sociétés holding. Based in QUIMPER (29000), this company of category PME shows in 2019 a revenue of 50 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2019 | 2018 | 2017 |
|---|---|---|---|
| Revenue | 50 059 € | 57 974 € | 42 418 € |
| Net income | -49 € | -3 360 164 € | -37 342 € |
| EBITDA | 20 902 € | 20 278 € | -17 525 € |
| Net margin | -0.1% | -5796.0% | -88.0% |
In 2019, JOCEM achieves revenue of 50 k€. Over the period 2017-2019, the company shows strong growth with a CAGR (compound annual growth rate) of +8.6%. Significant drop of -14% vs 2018. After deducting consumption (0 €), gross margin stands at 50 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 21 k€, representing 41.8% of revenue. Positive scissor effect: EBITDA margin improves by +6.8 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -49 € (-0.1% of revenue), which will impact equity.
50 059 €
50 059 €
20 902 €
10 103 €
-49 €
41.8%
The debt ratio (= Financial debt / Equity x 100) stands at 38%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 72%. 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 39.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 21.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
37.568%
71.872%
21.477%
39.333
94.5%
In 2019, the debt ratio of JOCEM (37.57) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2019, the financial autonomy of JOCEM (71.9%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2019, the repayment capacity of JOCEM (39.33) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 316.84. 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 55.4x. Operating income very largely covers interest expenses: high safety margin.
316.84
55.406
In 2019, the liquidity ratio of JOCEM (316.84) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2019, the interest coverage of JOCEM (55.4x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 309 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 72 days. The gap of 237 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 272 days of revenue, i.e. 38 k€ to permanently finance. Over 2017-2019, WCR increased by +2288%, requiring additional financing.
37 819 €
309 j
72 j
0 j
272 j
Based on 72 transactions of similar company sales
in 2019,
the value of JOCEM is estimated at
86 576 €
(range 46 132€ - 137 631€).
With an EBITDA of 20 902€, the sector multiple of 5.7x is applied.
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.
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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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare JOCEM with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of JOCEM in 2019 is 50 k€.
JOCEM recorded a net loss in 2019.
The headquarters of JOCEM is located in QUIMPER (29000), in the department Finistere.
The tax return of JOCEM 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).
JOCEM 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.