SIREN : 514116235
PIC PROVENCE is a French company founded 16 years ago, specialized in the sector Travaux de menuiserie métallique et serrurerie. Based in LATTES (34970), this company of category PME shows in 2024 a revenue of 2.8 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 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2 770 162 € | 2 196 966 € | 2 000 364 € | 2 122 525 € | 2 539 289 € | 2 458 239 € | 1 964 655 € | 2 212 295 € | 1 974 804 € |
| Net income | 392 311 € | 276 596 € | 302 052 € | 308 176 € | 426 623 € | 425 754 € | 309 228 € | 225 560 € | 221 155 € |
| EBITDA | 490 910 € | 343 499 € | 401 571 € | 425 224 € | 622 923 € | 604 652 € | 436 561 € | 332 514 € | 341 172 € |
| Net margin | 14.2% | 12.6% | 15.1% | 14.5% | 16.8% | 17.3% | 15.7% | 10.2% | 11.2% |
In 2024, PIC PROVENCE achieves revenue of 2.8 M€. Revenue is growing positively over 9 years (CAGR: +4.3%). Vs 2023, growth of +26% (2.2 M€ -> 2.8 M€). After deducting consumption (1.0 M€), gross margin stands at 1.8 M€, i.e. a rate of 64%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 491 k€, representing 17.7% of revenue. Positive scissor effect: EBITDA margin improves by +2.1 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 392 k€, i.e. 14.2% of revenue. This profit can be retained or distributed to shareholders.
2 770 162 €
1 768 926 €
490 910 €
499 041 €
392 311 €
17.7%
The debt ratio (= Financial debt / Equity x 100) stands at 3%. 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 60%. 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 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 13.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
3.063%
59.872%
13.948%
0.085
45.2%
In 2024, the debt ratio of PIC PROVENCE (3.06) 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.
In 2024, the financial autonomy of PIC PROVENCE (59.9%) 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.
In 2024, the repayment capacity of PIC PROVENCE (0.09) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 250.06. 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 0.4x. Danger: operating income does not cover interest charges, unsustainable situation.
250.057
0.411
In 2024, the liquidity ratio of PIC PROVENCE (250.06) 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.
In 2024, the interest coverage of PIC PROVENCE (0.4x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 48 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 89 days. Excellent situation: suppliers finance 41 days of the operating cycle (retail model). Overall, WCR represents 82 days of revenue, i.e. 632 k€ to permanently finance.
631 680 €
48 j
89 j
0 j
82 j
Based on 51 transactions of similar company sales
in 2024,
the value of PIC PROVENCE is estimated at
766 214 €
(range 378 087€ - 1 260 300€).
With an EBITDA of 490 910€, the sector multiple of 1.6x is applied.
The price/revenue ratio is 0.14x
(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 51 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 PIC PROVENCE with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux de menuiserie métallique et serrurerie
The revenue of PIC PROVENCE in 2024 is 2.8 M€.
Yes, PIC PROVENCE generated a net profit of 392 k€ in 2024.
The headquarters of PIC PROVENCE is located in LATTES (34970), in the department Herault.
The tax return of PIC PROVENCE 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).
PIC PROVENCE operates in the sector Travaux de menuiserie métallique et serrurerie (NAF code 43.32B). See the 'Sector positioning' section above to compare the company with its competitors.