SIREN : 775733835
MAJ is a French company founded 70 years ago, specialized in the sector Location et location-bail d'autres biens personnels et domestiques. Based in PANTIN (93500), this company of category GE shows in 2024 a revenue of 865.0 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
| Indicator | 2024 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 865 047 391 € | 842 707 658 € | 761 348 269 € | 554 189 446 € | 697 749 654 € | 665 476 305 € | 649 212 336 € | 561 334 852 € |
| Net income | 86 177 350 € | 214 423 988 € | 69 404 998 € | -56 561 190 € | 140 499 824 € | -86 957 263 € | 66 319 352 € | 100 199 035 € |
| EBITDA | 273 596 002 € | 266 115 045 € | 224 403 081 € | 145 917 012 € | 201 931 673 € | 193 157 272 € | 193 124 402 € | 167 108 544 € |
| Net margin | 10.0% | 25.4% | 9.1% | -10.2% | 20.1% | -13.1% | 10.2% | 17.9% |
In 2024, MAJ achieves revenue of 865.0 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.6%. Vs 2023: +3%. After deducting consumption (58.8 M€), gross margin stands at 806.2 M€, i.e. a rate of 93%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 273.6 M€, representing 31.6% of 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 86.2 M€, i.e. 10.0% of revenue. This profit can be retained or distributed to shareholders.
865 047 391 €
806 225 412 €
273 596 002 €
213 611 995 €
86 177 350 €
31.6%
The debt ratio (= Financial debt / Equity x 100) stands at 120%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 40%. 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 5.2 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 28.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
120.341%
40.487%
28.861%
5.176
40.1%
In 2024, the debt ratio of MAJ (120.34) 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 2024, the financial autonomy of MAJ (40.5%) 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 2024, the repayment capacity of MAJ (5.18) 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 372.67. 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 40.4x. Operating income very largely covers interest expenses: high safety margin.
372.665
40.441
In 2024, the liquidity ratio of MAJ (372.67) 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.
In 2024, the interest coverage of MAJ (40.4x) 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: 17 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 88 days. Excellent situation: suppliers finance 71 days of the operating cycle (retail model). Inventory turnover is 6 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 118 days of revenue, i.e. 283.9 M€ to permanently finance. Over 2016-2024, WCR increased by +41%, requiring additional financing.
283 943 156 €
17 j
88 j
6 j
118 j
Based on 69 transactions of similar company sales
(all years),
the value of MAJ is estimated at
846 275 905 €
(range 367 917 349€ - 1 825 452 217€).
With an EBITDA of 273 596 002€, the sector multiple of 4.9x is applied.
The price/revenue ratio is 0.40x
(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.
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This estimate is based on the analysis of 69 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 MAJ with other companies in the same sector:
The revenue of MAJ in 2024 is 865.0 M€.
Yes, MAJ generated a net profit of 86.2 M€ in 2024.
The headquarters of MAJ is located in PANTIN (93500), in the department Seine-Saint-Denis.
The tax return of MAJ 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).
MAJ operates in the sector Location et location-bail d'autres biens personnels et domestiques (NAF code 77.29Z). See the 'Sector positioning' section above to compare the company with its competitors.