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RELATIONS MARCHANDISES SERVICES DISTRIBU : revenue, balance sheet and financial ratios

RELATIONS MARCHANDISES SERVICES DISTRIBU is a French company founded 51 years ago, specialized in the sector Hypermarchés. Based in NARBONNE (11100), this company of category ETI shows in 2021 a revenue of 115.5 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 - RELATIONS MARCHANDISES SERVICES DISTRIBU (SIREN 304352768)
Indicator 2021
Revenue 115 527 947 €
Net income 1 856 232 €
EBITDA 4 257 370 €
Net margin 1.6%

Revenue and income statement

In 2021, RELATIONS MARCHANDISES SERVICES DISTRIBU achieves revenue of 115.5 M€. After deducting consumption (93.5 M€), gross margin stands at 22.1 M€, i.e. a rate of 19%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4.3 M€, representing 3.7% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.9 M€, i.e. 1.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

115 527 947 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

22 067 870 €

EBITDA (2021) ?
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

4 257 370 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

3 104 556 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

1 856 232 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

3.7%

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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 87%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 27%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.8 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

87.213%

Financial autonomy (2021) ?
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

26.731%

Cash flow / Revenue (2021) ?
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

2.665%

Repayment capacity (2021) ?
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

3.775

Asset age ratio (2021) ?
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

32.9%

Solvency indicators evolution
RELATIONS MARCHANDISES SERVICES DISTRIBU

Sector positioning

Debt ratio
87.21 2021
2021
Q1: 20.13
Med: 60.16
Q3: 128.21
Average

In 2021, the debt ratio of RELATIONS MARCHANDISES SE... (87.21) 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
26.73% 2021
2021
Q1: 21.42%
Med: 35.52%
Q3: 49.24%
Average

In 2021, the financial autonomy of RELATIONS MARCHANDISES SE... (26.7%) 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
3.77 years 2021
2021
Q1: 0.94 years
Med: 2.15 years
Q3: 4.39 years
Average

In 2021, the repayment capacity of RELATIONS MARCHANDISES SE... (3.77) 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 130.97. 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 5.2x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2021) ?
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

130.971

Interest coverage (2021) ?
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

5.179

Liquidity indicators evolution
RELATIONS MARCHANDISES SERVICES DISTRIBU

Sector positioning

Liquidity ratio
130.97 2021
2021
Q1: 115.81
Med: 144.11
Q3: 185.85
Average

In 2021, the liquidity ratio of RELATIONS MARCHANDISES SE... (130.97) 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.

Interest coverage
5.18x 2021
2021
Q1: 0.65x
Med: 1.98x
Q3: 4.87x
Excellent

In 2021, the interest coverage of RELATIONS MARCHANDISES SE... (5.2x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 21 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 70 days. Excellent situation: suppliers finance 49 days of the operating cycle (retail model). Inventory turnover is 19 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 83 days of revenue, i.e. 26.5 M€ to permanently finance.

Operating WCR (2021) ?
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

26 507 887 €

Customer credit (2021) ?
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

21 j

Supplier credit (2021) ?
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

70 j

Inventory turnover (2021) ?
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

19 j

WCR in days of revenue (2021) ?
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

83 j

WCR and payment terms evolution
RELATIONS MARCHANDISES SERVICES DISTRIBU

Positioning of RELATIONS MARCHANDISES SERVICES DISTRIBU in its sector

Comparison with sector Hypermarchés

Valuation estimate

Based on 291 transactions of similar company sales in 2021, the value of RELATIONS MARCHANDISES SERVICES DISTRIBU is estimated at 18 429 648 € (range 10 160 530€ - 32 630 944€). With an EBITDA of 4 257 370€, the sector multiple of 4.0x is applied. The price/revenue ratio is 0.24x (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 2021
291 transactions
10160k€ 18429k€ 32630k€
18 429 648 € Range: 10 160 530€ - 32 630 944€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
4 257 370 € × 4.0x
Estimation 16 873 282 €
7 852 625€ - 32 436 359€
Revenue Multiple 30%
115 527 947 € × 0.24x
Estimation 27 397 643 €
18 275 011€ - 40 434 350€
Net Income Multiple 20%
1 856 232 € × 4.8x
Estimation 8 868 573 €
3 758 573€ - 21 412 297€
How is this estimate calculated?

This estimate is based on the analysis of 291 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 (Hypermarchés)

Compare RELATIONS MARCHANDISES SERVICES DISTRIBU with other companies in the same sector:

Voir toutes les statistiques du secteur Hypermarchés

Frequently asked questions about RELATIONS MARCHANDISES SERVICES DISTRIBU

What is the revenue of RELATIONS MARCHANDISES SERVICES DISTRIBU ?

The revenue of RELATIONS MARCHANDISES SERVICES DISTRIBU in 2021 is 115.5 M€.

Is RELATIONS MARCHANDISES SERVICES DISTRIBU profitable?

Yes, RELATIONS MARCHANDISES SERVICES DISTRIBU generated a net profit of 1.9 M€ in 2021.

Where is the headquarters of RELATIONS MARCHANDISES SERVICES DISTRIBU ?

The headquarters of RELATIONS MARCHANDISES SERVICES DISTRIBU is located in NARBONNE (11100), in the department Aude.

Where to find the tax return of RELATIONS MARCHANDISES SERVICES DISTRIBU ?

The tax return of RELATIONS MARCHANDISES SERVICES DISTRIBU 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 RELATIONS MARCHANDISES SERVICES DISTRIBU operate?

RELATIONS MARCHANDISES SERVICES DISTRIBU operates in the sector Hypermarchés (NAF code 47.11F). See the 'Sector positioning' section above to compare the company with its competitors.