Employees: 21 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2006-08-08 (19 years)Status: ActiveBusiness sector: Fabrication de structures métalliques et de parties de structuresLocation: LESTREM (62136), Pas-de-Calais
MEISER : revenue, balance sheet and financial ratios
MEISER is a French company
founded 19 years ago,
specialized in the sector Fabrication de structures métalliques et de parties de structures.
Based in LESTREM (62136),
this company of category PME
shows in 2024 a revenue of 11.5 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, MEISER achieves revenue of 11.5 M€. Revenue is growing positively over 9 years (CAGR: +4.7%). Vs 2023, growth of +10% (10.4 M€ -> 11.5 M€). After deducting consumption (4.2 M€), gross margin stands at 7.3 M€, i.e. a rate of 63%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.0 M€, representing 8.9% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 861 k€, i.e. 7.5% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
11 512 750 €
Gross margin (2024)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
7 301 073 €
EBITDA (2024)
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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
1 019 840 €
EBIT (2024)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
782 306 €
Net income (2024)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
860 920 €
EBITDA margin (2024)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
8.8%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 11%. 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 61%. 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 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
11.424%
Financial autonomy (2024)
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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
61.093%
Cash flow / Revenue (2024)
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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
5.207%
Repayment capacity (2024)
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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
0.897
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
-506.5
-1066.995
-23069.852
707.75
328.231
109.832
40.779
21.558
11.424
Financial autonomy
-16.448
-7.091
-0.298
8.393
15.063
30.582
44.631
57.683
61.093
Repayment capacity
9.102
7.867
5.707
97.558
5.438
1.499
0.85
1.686
0.897
Cash flow / Revenue
7.923%
6.546%
7.616%
0.412%
6.746%
15.621%
15.342%
5.185%
5.207%
Sector positioning
Debt ratio
11.422024
2022
2023
2024
Q1: 6.09
Med: 21.51
Q3: 63.7
Good-22 pts over 3 years
In 2024, the debt ratio of MEISER (11.42) 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
61.09%2024
2022
2023
2024
Q1: 26.6%
Med: 45.7%
Q3: 61.62%
Good+19 pts over 3 years
In 2024, the financial autonomy of MEISER (61.1%) 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
0.9 years2024
2022
2023
2024
Q1: 0.0 years
Med: 0.73 years
Q3: 2.18 years
Average+6 pts over 3 years
In 2024, the repayment capacity of MEISER (0.90) 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 247.95. 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 4.5x. Financial charges are adequately covered by operations.
Liquidity ratio (2024)
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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
247.949
Interest coverage (2024)
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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
4.476
Liquidity indicators evolution MEISER
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
222.688
176.159
182.938
171.915
186.163
193.171
220.893
260.637
247.949
Interest coverage
19.671
17.234
15.793
17.619
14.971
6.034
3.705
5.363
4.476
Sector positioning
Liquidity ratio
247.952024
2022
2023
2024
Q1: 168.06
Med: 241.37
Q3: 341.13
Good
In 2024, the liquidity ratio of MEISER (247.95) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
Interest coverage
4.48x2024
2022
2023
2024
Q1: 0.0x
Med: 1.54x
Q3: 6.11x
Good-8 pts over 3 years
In 2024, the interest coverage of MEISER (4.5x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
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: 56 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 62 days. Favorable situation: supplier credit is longer than customer credit by 6 days. Inventory turnover is 93 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 137 days of revenue, i.e. 4.4 M€ to permanently finance. Over 2016-2024, WCR increased by +44%, requiring additional financing.
Operating WCR (2024)
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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
4 388 315 €
Customer credit (2024)
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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
56 j
Supplier credit (2024)
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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
62 j
Inventory turnover (2024)
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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
93 j
WCR in days of revenue (2024)
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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
137 j
WCR and payment terms evolution MEISER
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
3 054 780 €
2 919 812 €
2 823 805 €
2 817 468 €
2 518 487 €
3 435 964 €
3 620 951 €
3 500 307 €
4 388 315 €
Inventory turnover (days)
77
81
75
82
85
106
125
115
93
Customer payment term (days)
63
46
45
49
48
51
47
43
56
Supplier payment term (days)
66
47
42
56
60
61
50
53
62
Positioning of MEISER in its sector
Comparison with sector Fabrication de structures métalliques et de parties de structures
Valuation estimate
Based on 56 transactions of similar company sales
(all years),
the value of MEISER is estimated at
1 303 091 €
(range 813 777€ - 2 991 504€).
With an EBITDA of 1 019 840€, the sector multiple of 1.0x 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 value2024
56 tx
813k€1303k€2991k€
1 303 091 €Range: 813 777€ - 2 991 504€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
1 019 840 €×1.0x
Estimation1 057 432 €
678 953€ - 2 440 778€
Revenue Multiple30%
11 512 750 €×0.13x
Estimation1 482 022 €
781 856€ - 1 881 666€
Net Income Multiple20%
860 920 €×1.9x
Estimation1 648 846 €
1 198 722€ - 6 033 077€
How is this estimate calculated?
This estimate is based on the analysis of 56 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 (Fabrication de structures métalliques et de parties de structures)
Compare MEISER with other companies in the same sector:
Yes, MEISER generated a net profit of 861 k€ in 2024.
Where is the headquarters of MEISER ?
The headquarters of MEISER is located in LESTREM (62136), in the department Pas-de-Calais.
Where to find the tax return of MEISER ?
The tax return of MEISER 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 MEISER operate?
MEISER operates in the sector Fabrication de structures métalliques et de parties de structures (NAF code 25.11Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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