SIREN : 351610563
SMA is a French company founded 36 years ago, specialized in the sector Travaux de menuiserie métallique et serrurerie. Based in NOISY-LE-GRAND (93160), this company of category PME shows in 2024 a revenue of 8.1 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 | 2024 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8 104 408 € | 9 075 286 € | 7 820 958 € | 9 915 042 € | 8 723 225 € | 8 315 549 € | N/C | N/C | 4 327 175 € |
| Net income | 625 369 € | 209 810 € | 276 729 € | 276 862 € | 434 160 € | 737 315 € | 168 106 € | 89 610 € | 35 070 € |
| EBITDA | 687 623 € | 684 873 € | 313 756 € | 611 019 € | 895 538 € | 927 250 € | -6 752 792 € | N/C | 202 401 € |
| Net margin | 7.7% | 2.3% | 3.5% | 2.8% | 5.0% | 8.9% | N/C | N/C | 0.8% |
In 2024, SMA achieves revenue of 8.1 M€. Over the period 2014-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.5%. Significant drop of -11% vs 2022. After deducting consumption (2.6 M€), gross margin stands at 5.5 M€, i.e. a rate of 68%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 688 k€, representing 8.5% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 625 k€, i.e. 7.7% of revenue. This profit can be retained or distributed to shareholders.
8 104 408 €
5 539 556 €
687 623 €
496 659 €
625 369 €
8.5%
The debt ratio (= Financial debt / Equity x 100) stands at 90%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 38%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 4.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 9.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
89.797%
38.41%
9.227%
4.083
68.2%
In 2024, the debt ratio of SMA (89.80) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of SMA (38.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of SMA (4.08) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 205.20. 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 24.4x. Operating income very largely covers interest expenses: high safety margin.
205.202
24.447
In 2024, the liquidity ratio of SMA (205.20) 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 2024, the interest coverage of SMA (24.4x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 165 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 86 days. The gap of 79 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 6 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 180 days of revenue, i.e. 4.0 M€ to permanently finance. Over 2014-2024, WCR increased by +102%, requiring additional financing.
4 044 019 €
165 j
86 j
6 j
180 j
Based on 51 transactions of similar company sales
in 2024,
the value of SMA is estimated at
1 306 156 €
(range 644 606€ - 2 097 102€).
With an EBITDA of 687 623€, the sector multiple of 1.6x is applied.
The price/revenue ratio is 0.14x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 51 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 SMA with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux de menuiserie métallique et serrurerie
The revenue of SMA in 2024 is 8.1 M€.
Yes, SMA generated a net profit of 625 k€ in 2024.
The headquarters of SMA is located in NOISY-LE-GRAND (93160), in the department Seine-Saint-Denis.
The tax return of SMA 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).
SMA operates in the sector Travaux de menuiserie métallique et serrurerie (NAF code 43.32B). See the 'Sector positioning' section above to compare the company with its competitors.