SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE : revenue, balance sheet and financial ratios

SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE is a French company founded 26 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in ANTIBES (06160), this company of category PME shows in 2024 a revenue of 49.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE (SIREN 431380203)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 48 999 886 € 39 760 586 € 42 087 415 € 38 604 194 € 38 212 784 € 38 836 457 € 37 206 404 € 39 502 519 € 34 916 808 €
Net income 1 289 715 € 1 106 859 € 1 176 328 € 793 074 € 686 283 € 602 205 € 619 849 € 832 598 € 1 095 092 €
EBITDA 1 996 624 € 1 624 160 € 1 980 898 € 1 626 952 € 1 082 152 € 1 133 139 € 1 072 225 € 1 372 348 € 1 667 197 €
Net margin 2.6% 2.8% 2.8% 2.1% 1.8% 1.6% 1.7% 2.1% 3.1%

Revenue and income statement

In 2024, SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE achieves revenue of 49.0 M€. Revenue is growing positively over 9 years (CAGR: +4.3%). Vs 2023, growth of +23% (39.8 M€ -> 49.0 M€). After deducting consumption (40.9 M€), gross margin stands at 8.1 M€, i.e. a rate of 17%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2.0 M€, representing 4.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.3 M€, i.e. 2.6% 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

48 999 886 €

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

8 114 412 €

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

1 996 624 €

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

1 706 424 €

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

1 289 715 €

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

4.1%

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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 11%. 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 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 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.9% 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

10.619%

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

42.369%

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

2.882%

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

0.518

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

46.9%

Solvency indicators evolution
SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE

Sector positioning

Debt ratio
10.62 2024
2022
2023
2024
Q1: 4.09
Med: 38.32
Q3: 128.11
Good

In 2024, the debt ratio of SOCIETE ANONYME DE PARTIC... (10.62) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
42.37% 2024
2022
2023
2024
Q1: 10.8%
Med: 27.26%
Q3: 53.13%
Good +8 pts over 3 years

In 2024, the financial autonomy of SOCIETE ANONYME DE PARTIC... (42.4%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.52 years 2024
2022
2023
2024
Q1: -0.37 years
Med: 0.21 years
Q3: 3.53 years
Average

In 2024, the repayment capacity of SOCIETE ANONYME DE PARTIC... (0.52) 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 174.91. 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 3.8x. Financial charges are adequately covered by operations.

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

174.915

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

3.83

Liquidity indicators evolution
SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE

Sector positioning

Liquidity ratio
174.91 2024
2022
2023
2024
Q1: 132.95
Med: 200.57
Q3: 385.86
Average

In 2024, the liquidity ratio of SOCIETE ANONYME DE PARTIC... (174.91) 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
3.83x 2024
2022
2023
2024
Q1: 0.0x
Med: 2.15x
Q3: 25.07x
Good

In 2024, the interest coverage of SOCIETE ANONYME DE PARTIC... (3.8x) 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: 14 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 51 days. Excellent situation: suppliers finance 37 days of the operating cycle (retail model). Inventory turnover is 80 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 95 days of revenue, i.e. 13.0 M€ to permanently finance. Over 2016-2024, WCR increased by +253%, 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

12 993 300 €

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

14 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

51 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

80 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
SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE

Positioning of SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE in its sector

Comparison with sector Commerce de voitures et de véhicules automobiles légers

Valuation estimate

Based on 148 transactions of similar company sales in 2024, the value of SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE is estimated at 4 641 341 € (range 2 039 224€ - 8 695 515€). With an EBITDA of 1 996 624€, the sector multiple of 1.6x is applied. The price/revenue ratio is 0.16x (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
148 transactions
2039k€ 4641k€ 8695k€
4 641 341 € Range: 2 039 224€ - 8 695 515€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 996 624 € × 1.6x
Estimation 3 221 006 €
1 198 594€ - 4 795 718€
Revenue Multiple 30%
48 999 886 € × 0.16x
Estimation 7 859 712 €
3 589 646€ - 13 868 508€
Net Income Multiple 20%
1 289 715 € × 2.6x
Estimation 3 364 622 €
1 815 170€ - 10 685 521€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 148 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 (Commerce de voitures et de véhicules automobiles légers)

Compare SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers

Frequently asked questions about SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE

What is the revenue of SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE ?

The revenue of SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE in 2024 is 49.0 M€.

Is SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE profitable?

Yes, SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE generated a net profit of 1.3 M€ in 2024.

Where is the headquarters of SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE ?

The headquarters of SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE is located in ANTIBES (06160), in the department Alpes-Maritimes.

Where to find the tax return of SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE ?

The tax return of SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE 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 SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE operate?

SOCIETE ANONYME DE PARTICIPATION AUTOMOBILE operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.