SAGE S RAIL : revenue, balance sheet and financial ratios

SAGE S RAIL is a French company founded 14 years ago, specialized in the sector Construction de voies ferrées de surface et souterraines. Based in SAINT-SULPICE-LA-POINTE (81370), this company of category GE shows in 2024 a revenue of 31.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

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

Financial history - SAGE S RAIL (SIREN 532596418)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 31 399 895 € 34 546 887 € 29 523 950 € 27 505 340 € 26 200 702 € 19 879 299 € 19 069 096 € 20 144 370 € 13 527 755 €
Net income 1 368 005 € 2 128 298 € 1 999 685 € 2 432 724 € 1 058 186 € 931 337 € 1 203 862 € 1 121 554 € 1 059 863 €
EBITDA 800 591 € 2 309 953 € 1 780 082 € 2 435 463 € 2 947 196 € 16 748 € 1 766 555 € 2 891 016 € 1 488 784 €
Net margin 4.4% 6.2% 6.8% 8.8% 4.0% 4.7% 6.3% 5.6% 7.8%

Revenue and income statement

In 2024, SAGE S RAIL achieves revenue of 31.4 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +11.1%. Slight decline of -9% vs 2023. After deducting consumption (70 k€), gross margin stands at 31.3 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 801 k€, representing 2.5% of revenue. Warning negative scissor effect: despite revenue change (-9%), EBITDA varies by -65%, reducing margin by 4.1 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.4 M€, i.e. 4.4% 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

31 399 895 €

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

31 329 604 €

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

800 591 €

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

1 183 890 €

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

1 368 005 €

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

2.5%

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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 86%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 22%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.7% 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

85.647%

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

21.687%

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

4.706%

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

1.555

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

2.8%

Solvency indicators evolution
SAGE S RAIL

Sector positioning

Debt ratio
85.65 2024
2022
2023
2024
Q1: 4.15
Med: 33.92
Q3: 157.93
Average

In 2024, the debt ratio of SAGE S RAIL (85.65) 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
21.69% 2024
2022
2023
2024
Q1: 5.69%
Med: 21.85%
Q3: 37.51%
Average

In 2024, the financial autonomy of SAGE S RAIL (21.7%) 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
1.55 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.63 years
Q3: 3.44 years
Average -17 pts over 3 years

In 2024, the repayment capacity of SAGE S RAIL (1.55) 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 173.33. 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 5.5x. 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

173.329

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

5.494

Liquidity indicators evolution
SAGE S RAIL

Sector positioning

Liquidity ratio
173.33 2024
2022
2023
2024
Q1: 129.97
Med: 169.88
Q3: 227.23
Good

In 2024, the liquidity ratio of SAGE S RAIL (173.33) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
5.49x 2024
2022
2023
2024
Q1: -0.14x
Med: 0.75x
Q3: 12.09x
Good

In 2024, the interest coverage of SAGE S RAIL (5.5x) 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: 92 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 65 days. The company must finance 27 days of gap between collections and payments. Overall, WCR represents 95 days of revenue, i.e. 8.3 M€ to permanently finance. Over 2016-2024, WCR increased by +79%, 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

8 286 746 €

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

92 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

65 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

0 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

95 j

WCR and payment terms evolution
SAGE S RAIL

Positioning of SAGE S RAIL in its sector

Comparison with sector Construction de voies ferrées de surface et souterraines

Valuation estimate

Based on 76 transactions of similar company sales (all years), the value of SAGE S RAIL is estimated at 1 662 959 € (range 1 062 901€ - 4 017 487€). With an EBITDA of 800 591€, the sector multiple of 0.6x is applied. The price/revenue ratio is 0.13x (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
1062k€ 1662k€ 4017k€
1 662 959 € Range: 1 062 901€ - 4 017 487€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
800 591 € × 0.6x
Estimation 481 426 €
227 435€ - 2 118 682€
Revenue Multiple 30%
31 399 895 € × 0.13x
Estimation 4 234 702 €
3 017 194€ - 7 788 676€
Net Income Multiple 20%
1 368 005 € × 0.6x
Estimation 759 179 €
220 127€ - 3 107 719€
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 (Construction de voies ferrées de surface et souterraines)

Compare SAGE S RAIL with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de voies ferrées de surface et souterraines

Frequently asked questions about SAGE S RAIL

What is the revenue of SAGE S RAIL ?

The revenue of SAGE S RAIL in 2024 is 31.4 M€.

Is SAGE S RAIL profitable?

Yes, SAGE S RAIL generated a net profit of 1.4 M€ in 2024.

Where is the headquarters of SAGE S RAIL ?

The headquarters of SAGE S RAIL is located in SAINT-SULPICE-LA-POINTE (81370), in the department Tarn.

Where to find the tax return of SAGE S RAIL ?

The tax return of SAGE S RAIL 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 SAGE S RAIL operate?

SAGE S RAIL operates in the sector Construction de voies ferrées de surface et souterraines (NAF code 42.12Z). See the 'Sector positioning' section above to compare the company with its competitors.