MARTIN-BROWER FRANCE SAS : revenue, balance sheet and financial ratios

MARTIN-BROWER FRANCE SAS is a French company founded 45 years ago, specialized in the sector Transports routiers de fret interurbains. Based in LISSES (91090), this company of category ETI shows in 2024 a revenue of 1.7 Mds€. 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 - MARTIN-BROWER FRANCE SAS (SIREN 321514002)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 1 658 032 947 € 1 736 703 703 € 1 644 219 232 € 1 293 865 142 € 1 103 405 935 € 1 406 313 348 € 1 319 533 202 € 1 239 522 212 € 1 200 035 379 €
Net income 483 461 € 531 936 € 1 223 937 € 1 814 851 € 3 640 756 € 4 518 795 € 4 634 814 € 4 222 893 € 4 056 528 €
EBITDA -168 322 € 3 810 467 € 7 160 517 € 8 095 253 € 6 373 366 € 9 259 628 € 7 533 564 € 7 500 770 € 8 733 464 €
Net margin 0.0% 0.0% 0.1% 0.1% 0.3% 0.3% 0.4% 0.3% 0.3%

Revenue and income statement

In 2024, MARTIN-BROWER FRANCE SAS achieves revenue of 1.7 Bn€. Revenue is growing positively over 9 years (CAGR: +4.1%). Slight decline of -5% vs 2023. After deducting consumption (1.5 Bn€), gross margin stands at 201.8 M€, i.e. a rate of 12%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -168 k€, representing -0.0% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 483 k€, i.e. 0.0% 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

1 658 032 947 €

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

201 752 763 €

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

-168 322 €

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

-267 488 €

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

483 461 €

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

-0.0%

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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 1%. 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 1%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

0.828%

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

1.482%

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

-0.243%

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

-0.006

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

33.7%

Solvency indicators evolution
MARTIN-BROWER FRANCE SAS

Sector positioning

Debt ratio
0.83 2024
2022
2023
2024
Q1: 3.42
Med: 30.72
Q3: 89.85
Excellent

In 2024, the debt ratio of MARTIN-BROWER FRANCE SAS (0.83) 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
1.48% 2024
2022
2023
2024
Q1: 17.96%
Med: 34.26%
Q3: 52.09%
Watch

In 2024, the financial autonomy of MARTIN-BROWER FRANCE SAS (1.5%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-0.01 years 2024
2022
2023
2024
Q1: -0.01 years
Med: 0.02 years
Q3: 1.91 years
Good

In 2024, the repayment capacity of MARTIN-BROWER FRANCE SAS (-0.01) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 87.81. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

87.808

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

-4.8

Liquidity indicators evolution
MARTIN-BROWER FRANCE SAS

Sector positioning

Liquidity ratio
87.81 2024
2022
2023
2024
Q1: 122.42
Med: 168.88
Q3: 241.43
Watch

In 2024, the liquidity ratio of MARTIN-BROWER FRANCE SAS (87.81) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-4.8x 2024
2022
2023
2024
Q1: -0.19x
Med: 0.0x
Q3: 4.8x
Average -34 pts over 3 years

In 2024, the interest coverage of MARTIN-BROWER FRANCE SAS (-4.8x) 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: 15 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 34 days. Favorable situation: supplier credit is longer than customer credit by 19 days. Inventory turnover is 9 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 20 days of revenue, i.e. 93.0 M€ to permanently finance. Over 2016-2024, WCR increased by +45%, 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

93 048 809 €

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

15 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

34 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

9 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

20 j

WCR and payment terms evolution
MARTIN-BROWER FRANCE SAS

Positioning of MARTIN-BROWER FRANCE SAS in its sector

Comparison with sector Transports routiers de fret interurbains

Valuation estimate

Based on 71 transactions of similar company sales in 2024, the value of MARTIN-BROWER FRANCE SAS is estimated at 226 163 691 € (range 105 425 968€ - 369 526 618€). The price/revenue ratio is 0.23x (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
71 tx
105425k€ 226163k€ 369526k€
226 163 691 € Range: 105 425 968€ - 369 526 618€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
1 658 032 947 € × 0.23x
Estimation 375 849 631 €
175 568 542€ - 612 902 444€
Net Income Multiple 20%
483 461 € × 3.4x
Estimation 1 634 782 €
212 107€ - 4 462 880€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 71 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 (Transports routiers de fret interurbains)

Compare MARTIN-BROWER FRANCE SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers de fret interurbains

Frequently asked questions about MARTIN-BROWER FRANCE SAS

What is the revenue of MARTIN-BROWER FRANCE SAS ?

The revenue of MARTIN-BROWER FRANCE SAS in 2024 is 1.7 Mds€.

Is MARTIN-BROWER FRANCE SAS profitable?

Yes, MARTIN-BROWER FRANCE SAS generated a net profit of 483 k€ in 2024.

Where is the headquarters of MARTIN-BROWER FRANCE SAS ?

The headquarters of MARTIN-BROWER FRANCE SAS is located in LISSES (91090), in the department Essonne.

Where to find the tax return of MARTIN-BROWER FRANCE SAS ?

The tax return of MARTIN-BROWER FRANCE SAS 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 MARTIN-BROWER FRANCE SAS operate?

MARTIN-BROWER FRANCE SAS operates in the sector Transports routiers de fret interurbains (NAF code 49.41A). See the 'Sector positioning' section above to compare the company with its competitors.