PLASTIPAK PACKAGING FRANCE : revenue, balance sheet and financial ratios

PLASTIPAK PACKAGING FRANCE is a French company founded 10 years ago, specialized in the sector Fabrication d'emballages en matières plastiques. Based in BIERNE (59380), this company of category ETI shows in 2024 a revenue of 173.7 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

Financial history - PLASTIPAK PACKAGING FRANCE (SIREN 811986058)
Indicator 2024 2023 2022 2021 2018 2017 2016
Revenue 173 676 308 € 205 623 207 € 223 049 430 € 140 662 126 € 160 061 144 € 143 924 032 € 131 366 333 €
Net income 8 353 103 € 4 864 016 € 10 000 221 € 5 695 922 € 4 912 180 € 5 485 620 € 4 181 215 €
EBITDA 19 245 723 € 10 764 368 € 19 357 839 € 13 716 443 € 13 890 725 € 16 297 367 € 11 980 314 €
Net margin 4.8% 2.4% 4.5% 4.0% 3.1% 3.8% 3.2%

Revenue and income statement

In 2024, PLASTIPAK PACKAGING FRANCE achieves revenue of 173.7 M€. Revenue is growing positively over 7 years (CAGR: +3.6%). Significant drop of -16% vs 2023. After deducting consumption (121.9 M€), gross margin stands at 51.8 M€, i.e. a rate of 30%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 19.2 M€, representing 11.1% of revenue. Positive scissor effect: EBITDA margin improves by +5.8 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 8.4 M€, i.e. 4.8% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

173 676 308 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

51 756 561 €

EBITDA (2024) ?
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

19 245 723 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

12 047 458 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

8 353 103 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

11.1%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 48%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 8.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.005%

Financial autonomy (2024) ?
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

47.687%

Cash flow / Revenue (2024) ?
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

8.83%

Repayment capacity (2024) ?
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

0.0

Asset age ratio (2024) ?
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

33.1%

Solvency indicators evolution
PLASTIPAK PACKAGING FRANCE

Sector positioning

Debt ratio
0.01 2024
2022
2023
2024
Q1: 0.81
Med: 21.34
Q3: 62.69
Excellent -6 pts over 3 years

In 2024, the debt ratio of PLASTIPAK PACKAGING FRANCE (0.01) 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.

Financial autonomy
47.69% 2024
2022
2023
2024
Q1: 34.69%
Med: 51.42%
Q3: 66.21%
Average +10 pts over 3 years

In 2024, the financial autonomy of PLASTIPAK PACKAGING FRANCE (47.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.67 years
Q3: 2.23 years
Excellent -10 pts over 3 years

In 2024, the repayment capacity of PLASTIPAK PACKAGING FRANCE (0.00) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 157.21. 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 6.3x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

157.208

Interest coverage (2024) ?
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

6.296

Liquidity indicators evolution
PLASTIPAK PACKAGING FRANCE

Sector positioning

Liquidity ratio
157.21 2024
2022
2023
2024
Q1: 149.84
Med: 223.59
Q3: 339.99
Average

In 2024, the liquidity ratio of PLASTIPAK PACKAGING FRANCE (157.21) 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.

Interest coverage
6.3x 2024
2022
2023
2024
Q1: 0.29x
Med: 3.95x
Q3: 10.02x
Good

In 2024, the interest coverage of PLASTIPAK PACKAGING FRANCE (6.3x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 56 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 73 days. Favorable situation: supplier credit is longer than customer credit by 17 days. Inventory turnover is 54 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 132 days of revenue, i.e. 63.5 M€ to permanently finance. Over 2016-2024, WCR increased by +60%, requiring additional financing.

Operating WCR (2024) ?
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

63 473 480 €

Customer credit (2024) ?
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

56 j

Supplier credit (2024) ?
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

73 j

Inventory turnover (2024) ?
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

54 j

WCR in days of revenue (2024) ?
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

132 j

WCR and payment terms evolution
PLASTIPAK PACKAGING FRANCE

Positioning of PLASTIPAK PACKAGING FRANCE in its sector

Comparison with sector Fabrication d'emballages en matières plastiques

Valuation estimate

Based on 76 transactions of similar company sales (all years), the value of PLASTIPAK PACKAGING FRANCE is estimated at 25 648 041 € (range 10 814 138€ - 52 589 942€). With an EBITDA of 19 245 723€, 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.

Estimated enterprise value 2024
76 tx
10814k€ 25648k€ 52589k€
25 648 041 € Range: 10 814 138€ - 52 589 942€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
19 245 723 € × 1.3x
Estimation 24 304 912 €
9 694 855€ - 53 962 325€
Revenue Multiple 30%
173 676 308 € × 0.20x
Estimation 35 333 931 €
16 891 356€ - 47 550 782€
Net Income Multiple 20%
8 353 103 € × 1.7x
Estimation 14 477 033 €
4 496 522€ - 56 717 728€
How is this estimate calculated?

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.

  • 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 (Fabrication d'emballages en matières plastiques)

Compare PLASTIPAK PACKAGING FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'emballages en matières plastiques

Frequently asked questions about PLASTIPAK PACKAGING FRANCE

What is the revenue of PLASTIPAK PACKAGING FRANCE ?

The revenue of PLASTIPAK PACKAGING FRANCE in 2024 is 173.7 M€.

Is PLASTIPAK PACKAGING FRANCE profitable?

Yes, PLASTIPAK PACKAGING FRANCE generated a net profit of 8.4 M€ in 2024.

Where is the headquarters of PLASTIPAK PACKAGING FRANCE ?

The headquarters of PLASTIPAK PACKAGING FRANCE is located in BIERNE (59380), in the department Nord.

Where to find the tax return of PLASTIPAK PACKAGING FRANCE ?

The tax return of PLASTIPAK PACKAGING FRANCE 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 PLASTIPAK PACKAGING FRANCE operate?

PLASTIPAK PACKAGING FRANCE 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.