SOC D'EXPLOITATION DES ETS MARTEL : revenue, balance sheet and financial ratios

SOC D'EXPLOITATION DES ETS MARTEL is a French company founded 39 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in SAINT-LAURENT-DE-MURE (69720), this company of category ETI shows in 2024 a revenue of 39.1 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 - SOC D'EXPLOITATION DES ETS MARTEL (SIREN 338322621)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 39 072 668 € 35 326 034 € 27 951 063 € 29 473 719 € 20 728 317 € 26 422 142 € 25 880 884 € 23 044 766 € 20 609 373 €
Net income 542 316 € 155 994 € 151 983 € 249 638 € 128 645 € 414 792 € 504 215 € 415 501 € 306 665 €
EBITDA 1 217 060 € 1 655 629 € 1 884 798 € 1 950 583 € 1 689 627 € 2 278 471 € 2 415 303 € 2 462 110 € 2 274 363 €
Net margin 1.4% 0.4% 0.5% 0.8% 0.6% 1.6% 1.9% 1.8% 1.5%

Revenue and income statement

In 2024, SOC D'EXPLOITATION DES ETS MARTEL achieves revenue of 39.1 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.3%. Vs 2023, growth of +11% (35.3 M€ -> 39.1 M€). After deducting consumption (6.0 M€), gross margin stands at 33.1 M€, i.e. a rate of 85%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.2 M€, representing 3.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 542 k€, i.e. 1.4% 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

39 072 668 €

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

33 055 623 €

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

1 217 060 €

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

1 068 948 €

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

542 316 €

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

3.1%

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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 116%. 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 8.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.8% 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

116.179%

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

21.831%

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

1.816%

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

8.165

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

30.4%

Solvency indicators evolution
SOC D'EXPLOITATION DES ETS MARTEL

Sector positioning

Debt ratio
116.18 2024
2022
2023
2024
Q1: 7.67
Med: 32.36
Q3: 83.32
Average

In 2024, the debt ratio of SOC D'EXPLOITATION DES ET... (116.18) 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
21.83% 2024
2022
2023
2024
Q1: 20.82%
Med: 39.09%
Q3: 56.12%
Average -8 pts over 3 years

In 2024, the financial autonomy of SOC D'EXPLOITATION DES ET... (21.8%) 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
8.16 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.6 years
Q3: 2.11 years
Average

In 2024, the repayment capacity of SOC D'EXPLOITATION DES ET... (8.16) 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 160.38. 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 18.4x. 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

160.38

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

18.374

Liquidity indicators evolution
SOC D'EXPLOITATION DES ETS MARTEL

Sector positioning

Liquidity ratio
160.38 2024
2022
2023
2024
Q1: 141.46
Med: 199.6
Q3: 300.73
Average -18 pts over 3 years

In 2024, the liquidity ratio of SOC D'EXPLOITATION DES ET... (160.38) 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
18.37x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.92x
Q3: 4.81x
Excellent

In 2024, the interest coverage of SOC D'EXPLOITATION DES ET... (18.4x) 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: 102 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 92 days. The company must finance 10 days of gap between collections and payments. Inventory turnover is 16 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 124 days of revenue, i.e. 13.5 M€ to permanently finance. Over 2016-2024, WCR increased by +228%, 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

13 468 739 €

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

102 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

92 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

16 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

124 j

WCR and payment terms evolution
SOC D'EXPLOITATION DES ETS MARTEL

Positioning of SOC D'EXPLOITATION DES ETS MARTEL in its sector

Comparison with sector Travaux de terrassement courants et travaux préparatoires

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 381 230€ to 7 427 349€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
381k€ 1202k€ 7427k€
1 202 270 € Range: 381 230€ - 7 427 349€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 22 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 (Travaux de terrassement courants et travaux préparatoires)

Compare SOC D'EXPLOITATION DES ETS MARTEL with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de terrassement courants et travaux préparatoires

Frequently asked questions about SOC D'EXPLOITATION DES ETS MARTEL

What is the revenue of SOC D'EXPLOITATION DES ETS MARTEL ?

The revenue of SOC D'EXPLOITATION DES ETS MARTEL in 2024 is 39.1 M€.

Is SOC D'EXPLOITATION DES ETS MARTEL profitable?

Yes, SOC D'EXPLOITATION DES ETS MARTEL generated a net profit of 542 k€ in 2024.

Where is the headquarters of SOC D'EXPLOITATION DES ETS MARTEL ?

The headquarters of SOC D'EXPLOITATION DES ETS MARTEL is located in SAINT-LAURENT-DE-MURE (69720), in the department Rhone.

Where to find the tax return of SOC D'EXPLOITATION DES ETS MARTEL ?

The tax return of SOC D'EXPLOITATION DES ETS MARTEL 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 SOC D'EXPLOITATION DES ETS MARTEL operate?

SOC D'EXPLOITATION DES ETS MARTEL operates in the sector Travaux de terrassement courants et travaux préparatoires (NAF code 43.12A). See the 'Sector positioning' section above to compare the company with its competitors.