LA MODERNE SCOP ANONYME CAPITAL VARIABLE : revenue, balance sheet and financial ratios

LA MODERNE SCOP ANONYME CAPITAL VARIABLE is a French company founded 126 years ago, specialized in the sector Construction de routes et autoroutes. Based in BAGNEUX (92220), this company of category PME shows in 2024 a revenue of 23.1 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 - LA MODERNE SCOP ANONYME CAPITAL VARIABLE (SIREN 572169068)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 23 070 888 € 26 536 002 € 23 218 100 € 25 220 150 € 21 425 720 € 32 510 801 € 24 839 798 € 25 459 739 € 20 833 356 €
Net income 311 552 € 437 675 € 228 757 € 304 993 € -143 304 € 911 107 € 945 412 € 1 493 108 € 682 739 €
EBITDA 262 935 € 415 874 € 210 627 € 344 053 € -378 412 € 767 608 € 762 427 € 1 684 111 € 715 900 €
Net margin 1.4% 1.6% 1.0% 1.2% -0.7% 2.8% 3.8% 5.9% 3.3%

Revenue and income statement

In 2024, LA MODERNE SCOP ANONYME CAPITAL VARIABLE achieves revenue of 23.1 M€. Revenue is growing positively over 9 years (CAGR: +1.3%). Significant drop of -13% vs 2023. After deducting consumption (5.6 M€), gross margin stands at 17.5 M€, i.e. a rate of 76%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 263 k€, representing 1.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 312 k€, i.e. 1.4% of revenue. This profit can be retained or distributed to shareholders.

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

23 070 888 €

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

17 499 651 €

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

262 935 €

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

309 601 €

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

311 552 €

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

1.1%

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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 14%. 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 39%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.8% 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

14.313%

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

38.888%

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

1.846%

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

1.86

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

34.4%

Solvency indicators evolution
LA MODERNE SCOP ANONYME CAPITAL VARIABLE

Sector positioning

Debt ratio
14.31 2024
2022
2023
2024
Q1: 1.71
Med: 21.57
Q3: 63.35
Good -10 pts over 3 years

In 2024, the debt ratio of LA MODERNE SCOP ANONYME C... (14.31) 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
38.89% 2024
2022
2023
2024
Q1: 14.32%
Med: 33.76%
Q3: 51.7%
Good

In 2024, the financial autonomy of LA MODERNE SCOP ANONYME C... (38.9%) 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.

Repayment capacity
1.86 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.34 years
Q3: 1.88 years
Average

In 2024, the repayment capacity of LA MODERNE SCOP ANONYME C... (1.86) 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 167.48. 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 13.8x. Operating income very largely covers interest expenses: high safety margin.

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

167.483

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

13.763

Liquidity indicators evolution
LA MODERNE SCOP ANONYME CAPITAL VARIABLE

Sector positioning

Liquidity ratio
167.48 2024
2022
2023
2024
Q1: 140.21
Med: 183.24
Q3: 251.75
Average

In 2024, the liquidity ratio of LA MODERNE SCOP ANONYME C... (167.48) 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.

Interest coverage
13.76x 2024
2022
2023
2024
Q1: -0.03x
Med: 0.84x
Q3: 6.64x
Excellent

In 2024, the interest coverage of LA MODERNE SCOP ANONYME C... (13.8x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 96 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 90 days. The company must finance 6 days of gap between collections and payments. Inventory turnover is 8 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 94 days of revenue, i.e. 6.0 M€ to permanently finance. Over 2016-2024, WCR increased by +20%, 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

6 003 968 €

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

96 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

90 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

8 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

94 j

WCR and payment terms evolution
LA MODERNE SCOP ANONYME CAPITAL VARIABLE

Positioning of LA MODERNE SCOP ANONYME CAPITAL VARIABLE in its sector

Comparison with sector Construction de routes et autoroutes

Valuation estimate

Based on 67 transactions of similar company sales (all years), the value of LA MODERNE SCOP ANONYME CAPITAL VARIABLE is estimated at 1 026 823 € (range 666 090€ - 2 226 117€). With an EBITDA of 262 935€, the sector multiple of 0.6x is applied. The price/revenue ratio is 0.13x (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 2024
67 tx
666k€ 1026k€ 2226k€
1 026 823 € Range: 666 090€ - 2 226 117€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
262 935 € × 0.6x
Estimation 148 085 €
72 205€ - 677 874€
Revenue Multiple 30%
23 070 888 € × 0.13x
Estimation 3 111 422 €
2 067 933€ - 5 931 777€
Net Income Multiple 20%
311 552 € × 0.3x
Estimation 96 771 €
48 039€ - 538 238€
How is this estimate calculated?

This estimate is based on the analysis of 67 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 (Construction de routes et autoroutes)

Compare LA MODERNE SCOP ANONYME CAPITAL VARIABLE with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de routes et autoroutes

Frequently asked questions about LA MODERNE SCOP ANONYME CAPITAL VARIABLE

What is the revenue of LA MODERNE SCOP ANONYME CAPITAL VARIABLE ?

The revenue of LA MODERNE SCOP ANONYME CAPITAL VARIABLE in 2024 is 23.1 M€.

Is LA MODERNE SCOP ANONYME CAPITAL VARIABLE profitable?

Yes, LA MODERNE SCOP ANONYME CAPITAL VARIABLE generated a net profit of 312 k€ in 2024.

Where is the headquarters of LA MODERNE SCOP ANONYME CAPITAL VARIABLE ?

The headquarters of LA MODERNE SCOP ANONYME CAPITAL VARIABLE is located in BAGNEUX (92220), in the department Hauts-de-Seine.

Where to find the tax return of LA MODERNE SCOP ANONYME CAPITAL VARIABLE ?

The tax return of LA MODERNE SCOP ANONYME CAPITAL VARIABLE 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 LA MODERNE SCOP ANONYME CAPITAL VARIABLE operate?

LA MODERNE SCOP ANONYME CAPITAL VARIABLE operates in the sector Construction de routes et autoroutes (NAF code 42.11Z). See the 'Sector positioning' section above to compare the company with its competitors.