ROCADE SUD AUTOMOBILES : revenue, balance sheet and financial ratios

ROCADE SUD AUTOMOBILES is a French company founded 38 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in SAINT-MELAINE-SUR-AUBANCE (49610), this company of category PME shows in 2024 a revenue of 17.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - ROCADE SUD AUTOMOBILES (SIREN 344564000)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 17 457 230 € 18 266 837 € 25 883 992 € 14 151 812 € 17 984 053 € 20 099 983 € 19 859 080 € 20 373 212 € 18 266 494 €
Net income 273 576 € -29 203 € 53 049 € 166 896 € 201 854 € 170 952 € 235 093 € 370 347 € 255 937 €
EBITDA 334 705 € 156 495 € 208 076 € 197 236 € 210 448 € 337 158 € 337 710 € 547 527 € 395 719 €
Net margin 1.6% -0.2% 0.2% 1.2% 1.1% 0.9% 1.2% 1.8% 1.4%

Revenue and income statement

In 2024, ROCADE SUD AUTOMOBILES achieves revenue of 17.5 M€. Activity remains stable over the period (CAGR: -0.6%). Slight decline of -4% vs 2023. After deducting consumption (12.7 M€), gross margin stands at 4.7 M€, i.e. a rate of 27%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 335 k€, representing 1.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 274 k€, i.e. 1.6% 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

17 457 230 €

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

4 738 844 €

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

334 705 €

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

313 706 €

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

273 576 €

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

1.9%

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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 75%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 42%. 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 3.7 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

75.022%

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

41.803%

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

2.393%

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

3.737

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

9.9%

Solvency indicators evolution
ROCADE SUD AUTOMOBILES

Sector positioning

Debt ratio
75.02 2024
2022
2023
2024
Q1: 5.46
Med: 23.98
Q3: 69.29
Average

In 2024, the debt ratio of ROCADE SUD AUTOMOBILES (75.02) 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
41.8% 2024
2022
2023
2024
Q1: 21.53%
Med: 45.62%
Q3: 63.33%
Average +5 pts over 3 years

In 2024, the financial autonomy of ROCADE SUD AUTOMOBILES (41.8%) 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
3.74 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.47 years
Q3: 2.06 years
Average

In 2024, the repayment capacity of ROCADE SUD AUTOMOBILES (3.74) 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 333.81. 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 34.4x. 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

333.812

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

34.4

Liquidity indicators evolution
ROCADE SUD AUTOMOBILES

Sector positioning

Liquidity ratio
333.81 2024
2022
2023
2024
Q1: 143.21
Med: 217.16
Q3: 327.59
Excellent

In 2024, the liquidity ratio of ROCADE SUD AUTOMOBILES (333.81) 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
34.4x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.67x
Q3: 4.75x
Excellent

In 2024, the interest coverage of ROCADE SUD AUTOMOBILES (34.4x) 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: 16 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 17 days. Favorable situation: supplier credit is longer than customer credit by 1 days. Inventory turnover is 54 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 80 days of revenue, i.e. 3.9 M€ to permanently finance. Over 2016-2024, WCR increased by +29%, 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

3 864 682 €

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

16 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

17 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

80 j

WCR and payment terms evolution
ROCADE SUD AUTOMOBILES

Positioning of ROCADE SUD AUTOMOBILES in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Valuation estimate

Based on 147 transactions of similar company sales in 2024, the value of ROCADE SUD AUTOMOBILES is estimated at 2 990 250 € (range 1 644 673€ - 5 477 756€). With an EBITDA of 334 705€, the sector multiple of 5.5x is applied. The price/revenue ratio is 0.35x (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 2024
147 transactions
1644k€ 2990k€ 5477k€
2 990 250 € Range: 1 644 673€ - 5 477 756€
NAF 5 année 2024

Valuation detail by method

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EBITDA Multiple 50%
334 705 € × 5.5x
Estimation 1 848 667 €
705 864€ - 2 998 478€
Revenue Multiple 30%
17 457 230 € × 0.35x
Estimation 6 060 261 €
4 016 820€ - 11 374 085€
Net Income Multiple 20%
273 576 € × 4.5x
Estimation 1 239 191 €
433 478€ - 2 831 459€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 147 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 (Entretien et réparation de véhicules automobiles légers)

Compare ROCADE SUD AUTOMOBILES with other companies in the same sector:

Voir toutes les statistiques du secteur Entretien et réparation de véhicules automobiles légers

Frequently asked questions about ROCADE SUD AUTOMOBILES

What is the revenue of ROCADE SUD AUTOMOBILES ?

The revenue of ROCADE SUD AUTOMOBILES in 2024 is 17.5 M€.

Is ROCADE SUD AUTOMOBILES profitable?

Yes, ROCADE SUD AUTOMOBILES generated a net profit of 274 k€ in 2024.

Where is the headquarters of ROCADE SUD AUTOMOBILES ?

The headquarters of ROCADE SUD AUTOMOBILES is located in SAINT-MELAINE-SUR-AUBANCE (49610), in the department Maine-et-Loire.

Where to find the tax return of ROCADE SUD AUTOMOBILES ?

The tax return of ROCADE SUD AUTOMOBILES 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 ROCADE SUD AUTOMOBILES operate?

ROCADE SUD AUTOMOBILES operates in the sector Entretien et réparation de véhicules automobiles légers (NAF code 45.20A). See the 'Sector positioning' section above to compare the company with its competitors.