SIREN : 844780650
MTB RECYCLING is a French company founded 7 years ago, specialized in the sector Récupération de déchets triés. Based in TREPT (38460), this company of category ETI shows in 2024 a revenue of 72.3 M€. 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Revenue | 72 321 649 € | 61 402 731 € | 75 421 832 € | 63 117 430 € | 39 581 984 € | 47 120 691 € | N/C |
| Net income | 517 514 € | 628 642 € | 2 014 644 € | 1 711 065 € | 1 116 035 € | 1 159 670 € | -463 € |
| EBITDA | 1 670 136 € | 1 371 940 € | 2 848 985 € | 2 044 130 € | 673 083 € | 2 450 786 € | -463 € |
| Net margin | 0.7% | 1.0% | 2.7% | 2.7% | 2.8% | 2.5% | N/C |
In 2024, MTB RECYCLING achieves revenue of 72.3 M€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.9%. Vs 2023, growth of +18% (61.4 M€ -> 72.3 M€). After deducting consumption (61.7 M€), gross margin stands at 10.6 M€, i.e. a rate of 15%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.7 M€, representing 2.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 518 k€, i.e. 0.7% of revenue. This profit can be retained or distributed to shareholders.
72 321 649 €
10 646 433 €
1 670 136 €
573 723 €
517 514 €
2.3%
The debt ratio (= Financial debt / Equity x 100) stands at 185%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 26%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 8.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 3.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
184.738%
26.286%
3.598%
8.226
73.9%
In 2024, the debt ratio of MTB RECYCLING (184.74) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of MTB RECYCLING (26.3%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of MTB RECYCLING (8.23) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 189.97. 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 34.7x. Operating income very largely covers interest expenses: high safety margin.
189.971
34.731
In 2024, the liquidity ratio of MTB RECYCLING (189.97) 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.
In 2024, the interest coverage of MTB RECYCLING (34.7x) 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: 34 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 52 days. Favorable situation: supplier credit is longer than customer credit by 18 days. Inventory turnover is 36 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 95 days of revenue, i.e. 19.1 M€ to permanently finance.
19 144 987 €
34 j
52 j
36 j
95 j
Based on 85 transactions of similar company sales
(all years),
the value of MTB RECYCLING is estimated at
4 939 495 €
(range 3 310 468€ - 10 006 732€).
With an EBITDA of 1 670 136€, 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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 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 MTB RECYCLING with other companies in the same sector:
Voir toutes les statistiques du secteur Récupération de déchets triés
The revenue of MTB RECYCLING in 2024 is 72.3 M€.
Yes, MTB RECYCLING generated a net profit of 518 k€ in 2024.
The headquarters of MTB RECYCLING is located in TREPT (38460), in the department Isere.
The tax return of MTB RECYCLING 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).
MTB RECYCLING operates in the sector Récupération de déchets triés (NAF code 38.32Z). See the 'Sector positioning' section above to compare the company with its competitors.