SIREN : 404993461
MILLET PACKAGING SAS is a French company founded 30 years ago, specialized in the sector Fabrication d'emballages en matières plastiques. Based in NIMES (30000), this company of category ETI shows in 2023 a revenue of 8.2 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 | 2023 | 2021 | 2020 | 2018 | 2017 | 2016 | 2014 |
|---|---|---|---|---|---|---|---|
| Revenue | 8 245 119 € | 7 823 420 € | 6 255 815 € | 5 438 921 € | 5 080 568 € | 4 930 967 € | 4 550 398 € |
| Net income | -173 838 € | -43 271 € | -75 209 € | 36 111 € | 63 827 € | 68 477 € | 80 162 € |
| EBITDA | 4 277 € | 148 898 € | 164 012 € | 161 843 € | 217 543 € | 168 166 € | 253 656 € |
| Net margin | -2.1% | -0.6% | -1.2% | 0.7% | 1.3% | 1.4% | 1.8% |
In 2023, MILLET PACKAGING SAS achieves revenue of 8.2 M€. Over the period 2014-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +6.8%. Vs 2021: +5%. After deducting consumption (4.7 M€), gross margin stands at 3.5 M€, i.e. a rate of 43%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4 k€, representing 0.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -174 k€ (-2.1% of revenue), which will impact equity.
8 245 119 €
3 518 891 €
4 277 €
-202 088 €
-173 838 €
0.1%
The debt ratio (= Financial debt / Equity x 100) stands at 92%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 27%. The balance between equity and debt is satisfactory.
91.743%
27.334%
-0.397%
-25.624
20.8%
In 2023, the debt ratio of MILLET PACKAGING SAS (91.74) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2023, the financial autonomy of MILLET PACKAGING SAS (27.3%) 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.
In 2023, the repayment capacity of MILLET PACKAGING SAS (-25.62) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 148.91. 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 951.0x. Operating income very largely covers interest expenses: high safety margin.
148.908
950.994
In 2023, the liquidity ratio of MILLET PACKAGING SAS (148.91) 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.
In 2023, the interest coverage of MILLET PACKAGING SAS (951.0x) 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: 58 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 31 days. The company must finance 27 days of gap between collections and payments. Inventory turnover is 29 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 57 days of revenue, i.e. 1.3 M€ to permanently finance. Over 2014-2023, WCR increased by +35%, requiring additional financing.
1 298 441 €
58 j
31 j
29 j
57 j
Based on 76 transactions of similar company sales
(all years),
the value of MILLET PACKAGING SAS is estimated at
632 417 €
(range 302 059€ - 854 030€).
With an EBITDA of 4 277€, the sector multiple of 1.3x is applied.
The price/revenue ratio is 0.20x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 76 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 MILLET PACKAGING SAS with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d'emballages en matières plastiques
The revenue of MILLET PACKAGING SAS in 2023 is 8.2 M€.
MILLET PACKAGING SAS recorded a net loss in 2023.
The headquarters of MILLET PACKAGING SAS is located in NIMES (30000), in the department Gard.
The tax return of MILLET PACKAGING 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).
MILLET PACKAGING SAS operates in the sector Fabrication d'emballages en matières plastiques (NAF code 22.22Z). See the 'Sector positioning' section above to compare the company with its competitors.