PIECES AUTO TRACTION 2CV DS : revenue, balance sheet and financial ratios

PIECES AUTO TRACTION 2CV DS is a French company founded 16 years ago, specialized in the sector Commerce de détail d'équipements automobiles. Based in LIVRON-SUR-DROME (26250), this company of category PME shows in 2016 a revenue of 665 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 TRACTION 2CV DS (SIREN 512869363)
Indicator 2016 2015 2014
Revenue 665 249 € 576 266 € 577 062 €
Net income 11 111 € 1 581 € 1 022 €
EBITDA 17 187 € 4 790 € 5 050 €
Net margin 1.7% 0.3% 0.2%

Revenue and income statement

In 2016, PIECES AUTO TRACTION 2CV DS achieves revenue of 665 k€. Over the period 2014-2016, the company shows strong growth with a CAGR (compound annual growth rate) of +7.4%. Vs 2015, growth of +15% (576 k€ -> 665 k€). After deducting consumption (413 k€), gross margin stands at 253 k€, i.e. a rate of 38%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 17 k€, representing 2.6% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 11 k€, i.e. 1.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2016) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

665 249 €

Gross margin (2016) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

252 597 €

EBITDA (2016) ?
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

17 187 €

EBIT (2016) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

15 344 €

Net income (2016) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

11 111 €

EBITDA margin (2016) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.6%

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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 9%. 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 6%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2016) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

9.488%

Financial autonomy (2016) ?
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

6.173%

Cash flow / Revenue (2016) ?
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

2.462%

Repayment capacity (2016) ?
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

0.238

Asset age ratio (2016) ?
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

36.9%

Solvency indicators evolution
PIECES AUTO TRACTION 2CV DS

Sector positioning

Debt ratio
9.49 2016
2014
2015
2016
Q1: 0.34
Med: 16.96
Q3: 71.44
Good -11 pts over 3 years

In 2016, the debt ratio of PIECES AUTO TRACTION 2CV DS (9.49) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
6.17% 2016
2014
2015
2016
Q1: 12.13%
Med: 34.88%
Q3: 55.94%
Watch

In 2016, the financial autonomy of PIECES AUTO TRACTION 2CV DS (6.2%) 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.

Repayment capacity
0.24 years 2016
2014
2015
2016
Q1: 0.0 years
Med: 0.21 years
Q3: 1.89 years
Average -17 pts over 3 years

In 2016, the repayment capacity of PIECES AUTO TRACTION 2CV DS (0.24) 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 279.17. 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 0.5x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2016) ?
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

279.166

Interest coverage (2016) ?
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

0.495

Liquidity indicators evolution
PIECES AUTO TRACTION 2CV DS

Sector positioning

Liquidity ratio
279.17 2016
2014
2015
2016
Q1: 115.91
Med: 170.77
Q3: 257.43
Excellent

In 2016, the liquidity ratio of PIECES AUTO TRACTION 2CV DS (279.17) 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
0.49x 2016
2014
2015
2016
Q1: 0.0x
Med: 0.61x
Q3: 4.69x
Average -22 pts over 3 years

In 2016, the interest coverage of PIECES AUTO TRACTION 2CV DS (0.5x) 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: 5 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 12 days. Favorable situation: supplier credit is longer than customer credit by 7 days. Inventory turnover is 37 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 21 days of revenue, i.e. 39 k€ to permanently finance.

Operating WCR (2016) ?
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

38 890 €

Customer credit (2016) ?
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

5 j

Supplier credit (2016) ?
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

12 j

Inventory turnover (2016) ?
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

37 j

WCR in days of revenue (2016) ?
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

21 j

WCR and payment terms evolution
PIECES AUTO TRACTION 2CV DS

Positioning of PIECES AUTO TRACTION 2CV DS in its sector

Comparison with sector Commerce de détail d'équipements automobiles

Valuation estimate

Based on 265 transactions of similar company sales (all years), the value of PIECES AUTO TRACTION 2CV DS is estimated at 81 016 € (range 40 542€ - 136 334€). With an EBITDA of 17 187€, the sector multiple of 2.4x is applied. The price/revenue ratio is 0.27x (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.

Estimated enterprise value 2016
265 transactions
40k€ 81k€ 136k€
81 016 € Range: 40 542€ - 136 334€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
17 187 € × 2.4x
Estimation 40 874 €
13 938€ - 65 492€
Revenue Multiple 30%
665 249 € × 0.27x
Estimation 177 050 €
102 511€ - 288 747€
Net Income Multiple 20%
11 111 € × 3.4x
Estimation 37 319 €
14 100€ - 84 818€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 265 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 TRACTION 2CV DS 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 TRACTION 2CV DS

What is the revenue of PIECES AUTO TRACTION 2CV DS ?

The revenue of PIECES AUTO TRACTION 2CV DS in 2016 is 665 k€.

Is PIECES AUTO TRACTION 2CV DS profitable?

Yes, PIECES AUTO TRACTION 2CV DS generated a net profit of 11 k€ in 2016.

Where is the headquarters of PIECES AUTO TRACTION 2CV DS ?

The headquarters of PIECES AUTO TRACTION 2CV DS is located in LIVRON-SUR-DROME (26250), in the department Drome.

Where to find the tax return of PIECES AUTO TRACTION 2CV DS ?

The tax return of PIECES AUTO TRACTION 2CV DS 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 TRACTION 2CV DS operate?

PIECES AUTO TRACTION 2CV DS 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.