PIECES AUTO MD : revenue, balance sheet and financial ratios

PIECES AUTO MD is a French company founded 23 years ago, specialized in the sector Commerce de détail d'équipements automobiles. Based in SAINT-POL-SUR-TERNOISE (62130), this company of category PME shows in 2022 a revenue of 94 k€. 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

Financial history - PIECES AUTO MD (SIREN 444783286)
Indicator 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 93 587 € 96 594 € 83 271 € 83 998 € 90 681 € 89 232 € 93 342 € 91 636 €
Net income 8 686 € -6 418 € -7 949 € -3 882 € 16 504 € 24 190 € 26 011 € 37 479 €
EBITDA 10 894 € -11 746 € -19 079 € -15 364 € -19 439 € 34 879 € 37 505 € 35 129 €
Net margin 9.3% -6.6% -9.5% -4.6% 18.2% 27.1% 27.9% 40.9%

Revenue and income statement

In 2022, PIECES AUTO MD achieves revenue of 94 k€. Revenue is growing positively over 8 years (CAGR: +0.3%). Slight decline of -3% vs 2021. After deducting consumption (0 €), gross margin stands at 94 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 11 k€, representing 11.6% of revenue. Positive scissor effect: EBITDA margin improves by +23.8 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 9 k€, i.e. 9.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

93 587 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

93 587 €

EBITDA (2022) ?
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

10 894 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

8 686 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

8 686 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

11.6%

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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 63%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 52%. 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 14.6 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 11.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

62.719%

Financial autonomy (2022) ?
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

52.25%

Cash flow / Revenue (2022) ?
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

11.586%

Repayment capacity (2022) ?
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

14.618

Asset age ratio (2022) ?
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

53.2%

Solvency indicators evolution
PIECES AUTO MD

Sector positioning

Debt ratio
62.72 2022
2020
2021
2022
Q1: 1.18
Med: 23.27
Q3: 86.42
Average +12 pts over 3 years

In 2022, the debt ratio of PIECES AUTO MD (62.72) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
52.25% 2022
2020
2021
2022
Q1: 16.79%
Med: 37.95%
Q3: 60.33%
Good -9 pts over 3 years

In 2022, the financial autonomy of PIECES AUTO MD (52.2%) 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
14.62 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.52 years
Q3: 2.46 years
Average +50 pts over 3 years

In 2022, the repayment capacity of PIECES AUTO MD (14.62) 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 343.29. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

343.29

Interest coverage (2022) ?
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

0.0

Liquidity indicators evolution
PIECES AUTO MD

Sector positioning

Liquidity ratio
343.29 2022
2020
2021
2022
Q1: 140.72
Med: 208.18
Q3: 310.82
Excellent +9 pts over 3 years

In 2022, the liquidity ratio of PIECES AUTO MD (343.29) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.0x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.55x
Q3: 3.19x
Average

In 2022, the interest coverage of PIECES AUTO MD (0.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 704 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 424 days. The gap of 280 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 710 days of revenue, i.e. 185 k€ to permanently finance. Over 2015-2022, WCR increased by +225%, requiring additional financing.

Operating WCR (2022) ?
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

184 663 €

Customer credit (2022) ?
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

704 j

Supplier credit (2022) ?
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

424 j

Inventory turnover (2022) ?
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 (2022) ?
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

710 j

WCR and payment terms evolution
PIECES AUTO MD

Positioning of PIECES AUTO MD in its sector

Comparison with sector Commerce de détail d'équipements automobiles

Valuation estimate

Based on 52 transactions of similar company sales in 2022, the value of PIECES AUTO MD is estimated at 24 479 € (range 15 316€ - 38 928€). With an EBITDA of 10 894€, the sector multiple of 2.3x is applied. The price/revenue ratio is 0.19x (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 value 2022
52 tx
15k€ 24k€ 38k€
24 479 € Range: 15 316€ - 38 928€
NAF 5 année 2022

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
10 894 € × 2.3x
Estimation 25 465 €
16 499€ - 46 100€
Revenue Multiple 30%
93 587 € × 0.19x
Estimation 17 339 €
11 080€ - 22 755€
Net Income Multiple 20%
8 686 € × 3.8x
Estimation 32 725 €
18 713€ - 45 262€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 52 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 (Commerce de détail d'équipements automobiles)

Compare PIECES AUTO MD with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de détail d'équipements automobiles

Frequently asked questions about PIECES AUTO MD

What is the revenue of PIECES AUTO MD ?

The revenue of PIECES AUTO MD in 2022 is 94 k€.

Is PIECES AUTO MD profitable?

Yes, PIECES AUTO MD generated a net profit of 9 k€ in 2022.

Where is the headquarters of PIECES AUTO MD ?

The headquarters of PIECES AUTO MD is located in SAINT-POL-SUR-TERNOISE (62130), in the department Pas-de-Calais.

Where to find the tax return of PIECES AUTO MD ?

The tax return of PIECES AUTO MD 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 PIECES AUTO MD operate?

PIECES AUTO MD operates in the sector Commerce de détail d'équipements automobiles (NAF code 45.32Z). See the 'Sector positioning' section above to compare the company with its competitors.