SIREN : 825720493
SERI is a French company founded 69 years ago, specialized in the sector Fabrication de structures métalliques et de parties de structures. Based in CHATELLERAULT (86100), this company of category ETI shows in 2023 a revenue of 21.3 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 21 283 409 € | 19 949 796 € | 18 219 749 € | 21 775 868 € | 19 588 466 € | 17 529 044 € | 18 104 303 € | 16 037 498 € | 22 844 090 € |
| Net income | 3 211 732 € | 2 097 682 € | 3 224 963 € | 4 548 394 € | 2 585 565 € | 2 670 816 € | 2 484 873 € | 1 042 160 € | 3 751 592 € |
| EBITDA | 1 467 869 € | 1 638 761 € | 2 188 805 € | 3 571 610 € | 1 872 699 € | 1 663 954 € | 1 909 467 € | 1 044 393 € | 2 568 413 € |
| Net margin | 15.1% | 10.5% | 17.7% | 20.9% | 13.2% | 15.2% | 13.7% | 6.5% | 16.4% |
In 2023, SERI achieves revenue of 21.3 M€. Activity remains stable over the period (CAGR: -0.9%). Vs 2022: +7%. After deducting consumption (10.1 M€), gross margin stands at 11.2 M€, i.e. a rate of 53%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.5 M€, representing 6.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3.2 M€, i.e. 15.1% of revenue. This profit can be retained or distributed to shareholders.
21 283 409 €
11 185 241 €
1 467 869 €
1 154 514 €
3 211 732 €
6.9%
The debt ratio (= Financial debt / Equity x 100) stands at 15%. 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 68%. 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 0.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 16.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
14.518%
67.798%
16.825%
0.846
34.7%
In 2023, the debt ratio of SERI (14.52) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2023, the financial autonomy of SERI (67.8%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2023, the repayment capacity of SERI (0.85) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 221.47. 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 0.4x. Danger: operating income does not cover interest charges, unsustainable situation.
221.468
0.408
In 2023, the liquidity ratio of SERI (221.47) 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.
In 2023, the interest coverage of SERI (0.4x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 104 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 83 days. The company must finance 21 days of gap between collections and payments. Inventory turnover is 85 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 190 days of revenue, i.e. 11.2 M€ to permanently finance. Over 2015-2023, WCR increased by +39%, requiring additional financing.
11 230 616 €
104 j
83 j
85 j
190 j
Based on 56 transactions of similar company sales
(all years),
the value of SERI is estimated at
2 813 154 €
(range 1 816 619€ - 7 301 479€).
With an EBITDA of 1 467 869€, the sector multiple of 1.0x 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.
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This estimate is based on the analysis of 56 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare SERI with other companies in the same sector:
The revenue of SERI in 2023 is 21.3 M€.
Yes, SERI generated a net profit of 3.2 M€ in 2023.
The headquarters of SERI is located in CHATELLERAULT (86100), in the department Vienne.
The tax return of SERI 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).
SERI operates in the sector Fabrication de structures métalliques et de parties de structures (NAF code 25.11Z). See the 'Sector positioning' section above to compare the company with its competitors.