MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS : revenue, balance sheet and financial ratios

MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS is a French company founded 27 years ago, specialized in the sector Installation de structures métalliques, chaudronnées et de tuyauterie. Based in LE MUY (83490), this company of category PME shows in 2024 a revenue of 472 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 - MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS (SIREN 421942004)
Indicator 2024 2023 2022 2021 2020 2019 2018
Revenue 472 142 € 341 984 € 320 775 € 279 735 € 369 335 € 266 704 € 261 082 €
Net income 979 € 6 259 € 4 677 € -52 738 € 51 795 € -9 976 € -9 589 €
EBITDA 6 849 € 11 135 € 5 516 € -47 782 € 60 660 € -4 300 € -7 639 €
Net margin 0.2% 1.8% 1.5% -18.9% 14.0% -3.7% -3.7%

Revenue and income statement

In 2024, MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS achieves revenue of 472 k€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +10.4%. Vs 2023, growth of +38% (342 k€ -> 472 k€). After deducting consumption (86 k€), gross margin stands at 386 k€, i.e. a rate of 82%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 7 k€, representing 1.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 979 €, i.e. 0.2% 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

472 142 €

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

385 685 €

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

6 849 €

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

2 268 €

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

979 €

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

1.5%

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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 39%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 20%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 4.5 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 1.2% 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

39.048%

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

20.417%

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

1.179%

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

4.458

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

11.0%

Solvency indicators evolution
MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS

Sector positioning

Debt ratio
39.05 2024
2022
2023
2024
Q1: 0.86
Med: 17.38
Q3: 51.09
Average +41 pts over 3 years

In 2024, the debt ratio of MECANIQUE CHAUDRONNERIE M... (39.05) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
20.42% 2024
2022
2023
2024
Q1: 18.95%
Med: 38.81%
Q3: 56.71%
Average

In 2024, the financial autonomy of MECANIQUE CHAUDRONNERIE M... (20.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
4.46 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.19 years
Q3: 1.55 years
Watch +51 pts over 3 years

In 2024, the repayment capacity of MECANIQUE CHAUDRONNERIE M... (4.46) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 178.71. 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 12.2x. 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

178.711

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

12.221

Liquidity indicators evolution
MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS

Sector positioning

Liquidity ratio
178.71 2024
2022
2023
2024
Q1: 150.33
Med: 206.67
Q3: 290.93
Average +13 pts over 3 years

In 2024, the liquidity ratio of MECANIQUE CHAUDRONNERIE M... (178.71) 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
12.22x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.53x
Q3: 3.23x
Excellent +51 pts over 3 years

In 2024, the interest coverage of MECANIQUE CHAUDRONNERIE M... (12.2x) 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: 39 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 46 days. Favorable situation: supplier credit is longer than customer credit by 7 days. Inventory turnover is 44 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 48 days of revenue, i.e. 63 k€ to permanently finance. Over 2018-2024, WCR increased by +50%, 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

62 696 €

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

39 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

46 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

44 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

48 j

WCR and payment terms evolution
MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS

Positioning of MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS in its sector

Comparison with sector Installation de structures métalliques, chaudronnées et de tuyauterie

Valuation estimate

Based on 98 transactions of similar company sales (all years), the value of MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS is estimated at 29 428 € (range 13 185€ - 50 874€). With an EBITDA of 6 849€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.18x (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
98 tx
13k€ 29k€ 50k€
29 428 € Range: 13 185€ - 50 874€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
6 849 € × 1.0x
Estimation 6 657 €
3 785€ - 21 010€
Revenue Multiple 30%
472 142 € × 0.18x
Estimation 85 190 €
37 019€ - 131 103€
Net Income Multiple 20%
979 € × 2.8x
Estimation 2 713 €
939€ - 5 194€
How is this estimate calculated?

This estimate is based on the analysis of 98 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 (Installation de structures métalliques, chaudronnées et de tuyauterie)

Compare MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS with other companies in the same sector:

Voir toutes les statistiques du secteur Installation de structures métalliques, chaudronnées et de tuyauterie

Frequently asked questions about MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS

What is the revenue of MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS ?

The revenue of MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS in 2024 is 472 k€.

Is MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS profitable?

Yes, MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS generated a net profit of 979€ in 2024.

Where is the headquarters of MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS ?

The headquarters of MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS is located in LE MUY (83490), in the department Var.

Where to find the tax return of MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS ?

The tax return of MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS 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 MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS operate?

MECANIQUE CHAUDRONNERIE MATERIELS DE TRAVAUX PUBLICS operates in the sector Installation de structures métalliques, chaudronnées et de tuyauterie (NAF code 33.20A). See the 'Sector positioning' section above to compare the company with its competitors.