MERCURE TELECOMMUNICATIONS ET ASSOCIES : revenue, balance sheet and financial ratios

MERCURE TELECOMMUNICATIONS ET ASSOCIES is a French company founded 22 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in MONTREUIL (93100), this company of category PME shows in 2018 a revenue of 135 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - MERCURE TELECOMMUNICATIONS ET ASSOCIES (SIREN 449951110)
Indicator 2018 2017 2016
Revenue 135 276 € 718 958 € 734 885 €
Net income 27 898 € 93 704 € 20 233 €
EBITDA 22 195 € 108 445 € 19 889 €
Net margin 20.6% 13.0% 2.8%

Revenue and income statement

In 2018, MERCURE TELECOMMUNICATIONS ET ASSOCIES achieves revenue of 135 k€. Revenue is declining over the period 2016-2018 (CAGR: -57.1%). Significant drop of -81% vs 2017. After deducting consumption (25 k€), gross margin stands at 111 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 22 k€, representing 16.4% 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 28 k€, i.e. 20.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2018) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

135 276 €

Gross margin (2018) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

110 525 €

EBITDA (2018) ?
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

22 195 €

EBIT (2018) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

22 922 €

Net income (2018) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

27 898 €

EBITDA margin (2018) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

16.4%

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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 0%. 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 88%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 8.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2018) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2018) ?
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

88.236%

Cash flow / Revenue (2018) ?
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

8.226%

Repayment capacity (2018) ?
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

0.0

Asset age ratio (2018) ?
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

22.4%

Solvency indicators evolution
MERCURE TELECOMMUNICATIONS ET ASSOCIES

Sector positioning

Debt ratio
0.0 2018
2016
2017
2018
Q1: 0.0
Med: 14.03
Q3: 156.73
Excellent -50 pts over 3 years

In 2018, the debt ratio of MERCURE TELECOMMUNICATION... (0.00) 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
88.24% 2018
2016
2017
2018
Q1: 3.48%
Med: 39.75%
Q3: 79.19%
Excellent +36 pts over 3 years

In 2018, the financial autonomy of MERCURE TELECOMMUNICATION... (88.2%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.0 years 2018
2016
2017
2018
Q1: 0.0 years
Med: 0.5 years
Q3: 8.02 years
Excellent -50 pts over 3 years

In 2018, the repayment capacity of MERCURE TELECOMMUNICATION... (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 808.09. 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 0.7x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2018) ?
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

808.093

Interest coverage (2018) ?
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

0.703

Liquidity indicators evolution
MERCURE TELECOMMUNICATIONS ET ASSOCIES

Sector positioning

Liquidity ratio
808.09 2018
2016
2017
2018
Q1: 74.2
Med: 236.65
Q3: 912.76
Good +17 pts over 3 years

In 2018, the liquidity ratio of MERCURE TELECOMMUNICATION... (808.09) 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
0.7x 2018
2016
2017
2018
Q1: 0.0x
Med: 0.03x
Q3: 14.62x
Good

In 2018, the interest coverage of MERCURE TELECOMMUNICATION... (0.7x) 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: 105 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 52 days. The gap of 53 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 163 days of revenue, i.e. 61 k€ to permanently finance. Notable WCR improvement over the period (-74%), freeing up cash.

Operating WCR (2018) ?
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

61 068 €

Customer credit (2018) ?
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

105 j

Supplier credit (2018) ?
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

52 j

Inventory turnover (2018) ?
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

0 j

WCR in days of revenue (2018) ?
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

163 j

WCR and payment terms evolution
MERCURE TELECOMMUNICATIONS ET ASSOCIES

Positioning of MERCURE TELECOMMUNICATIONS ET ASSOCIES in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 184 transactions of similar company sales in 2018, the value of MERCURE TELECOMMUNICATIONS ET ASSOCIES is estimated at 101 560 € (range 37 459€ - 217 354€). With an EBITDA of 22 195€, the sector multiple of 4.3x is applied. The price/revenue ratio is 0.55x (in line with sector norms). 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.

Estimated enterprise value 2018
184 transactions
37k€ 101k€ 217k€
101 560 € Range: 37 459€ - 217 354€
NAF 5 année 2018

Valuation detail by method

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EBITDA Multiple 50%
22 195 € × 4.3x
Estimation 96 490 €
32 728€ - 172 031€
Revenue Multiple 30%
135 276 € × 0.55x
Estimation 74 919 €
35 308€ - 241 647€
Net Income Multiple 20%
27 898 € × 5.5x
Estimation 154 198 €
52 518€ - 294 226€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 184 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 (Location de terrains et d'autres biens immobiliers)

Compare MERCURE TELECOMMUNICATIONS ET ASSOCIES with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about MERCURE TELECOMMUNICATIONS ET ASSOCIES

What is the revenue of MERCURE TELECOMMUNICATIONS ET ASSOCIES ?

The revenue of MERCURE TELECOMMUNICATIONS ET ASSOCIES in 2018 is 135 k€.

Is MERCURE TELECOMMUNICATIONS ET ASSOCIES profitable?

Yes, MERCURE TELECOMMUNICATIONS ET ASSOCIES generated a net profit of 28 k€ in 2018.

Where is the headquarters of MERCURE TELECOMMUNICATIONS ET ASSOCIES ?

The headquarters of MERCURE TELECOMMUNICATIONS ET ASSOCIES is located in MONTREUIL (93100), in the department Seine-Saint-Denis.

Where to find the tax return of MERCURE TELECOMMUNICATIONS ET ASSOCIES ?

The tax return of MERCURE TELECOMMUNICATIONS ET ASSOCIES 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 MERCURE TELECOMMUNICATIONS ET ASSOCIES operate?

MERCURE TELECOMMUNICATIONS ET ASSOCIES operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.