SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT : revenue, balance sheet and financial ratios

SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT is a French company founded 28 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in SAINT-RAPHAEL (83700), this company of category PME shows in 2021 a revenue of 893 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

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

Financial history - SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT (SIREN 414859512)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 892 880 € 685 100 € 742 648 € 683 850 € 654 539 € 541 500 €
Net income 94 242 € 2 983 € 17 586 € 16 985 € 6 075 € 9 408 €
EBITDA 52 095 € -123 247 € -27 801 € 37 668 € -101 105 € -62 722 €
Net margin 10.6% 0.4% 2.4% 2.5% 0.9% 1.7%

Revenue and income statement

In 2021, SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT achieves revenue of 893 k€. Over the period 2016-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +10.5%. Vs 2020, growth of +30% (685 k€ -> 893 k€). After deducting consumption (6 k€), gross margin stands at 887 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 52 k€, representing 5.8% of revenue. Positive scissor effect: EBITDA margin improves by +23.8 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 94 k€, i.e. 10.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

892 880 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

886 685 €

EBITDA (2021) ?
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

52 095 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

131 475 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

94 242 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

5.8%

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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 10%. 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 36%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

10.312%

Financial autonomy (2021) ?
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

35.866%

Cash flow / Revenue (2021) ?
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

1.273%

Repayment capacity (2021) ?
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

2.716

Asset age ratio (2021) ?
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

67.9%

Solvency indicators evolution
SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT

Sector positioning

Debt ratio
10.31 2021
2019
2020
2021
Q1: 9.7
Med: 46.32
Q3: 119.87
Good

In 2021, the debt ratio of SOCIETE DE MATERIELS - AM... (10.31) 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
35.87% 2021
2019
2020
2021
Q1: 18.87%
Med: 36.69%
Q3: 54.18%
Average +8 pts over 3 years

In 2021, the financial autonomy of SOCIETE DE MATERIELS - AM... (35.9%) 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
2.72 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.78 years
Q3: 2.72 years
Average +50 pts over 3 years

In 2021, the repayment capacity of SOCIETE DE MATERIELS - AM... (2.72) 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 199.89. 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 0.9x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2021) ?
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

199.889

Interest coverage (2021) ?
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

0.879

Liquidity indicators evolution
SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT

Sector positioning

Liquidity ratio
199.89 2021
2019
2020
2021
Q1: 141.47
Med: 199.74
Q3: 294.75
Good -10 pts over 3 years

In 2021, the liquidity ratio of SOCIETE DE MATERIELS - AM... (199.89) 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
0.88x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.66x
Q3: 2.68x
Good +28 pts over 3 years

In 2021, the interest coverage of SOCIETE DE MATERIELS - AM... (0.9x) 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: 86 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 78 days. The company must finance 8 days of gap between collections and payments. Overall, WCR represents 54 days of revenue, i.e. 134 k€ to permanently finance.

Operating WCR (2021) ?
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

133 718 €

Customer credit (2021) ?
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

86 j

Supplier credit (2021) ?
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

78 j

Inventory turnover (2021) ?
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 (2021) ?
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

54 j

WCR and payment terms evolution
SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT

Positioning of SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT in its sector

Comparison with sector Travaux de terrassement courants et travaux préparatoires

Valuation estimate

Based on 120 transactions of similar company sales (all years), the value of SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT is estimated at 162 177 € (range 59 305€ - 410 532€). With an EBITDA of 52 095€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.22x (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 2021
120 transactions
59k€ 162k€ 410k€
162 177 € Range: 59 305€ - 410 532€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
52 095 € × 1.4x
Estimation 71 536 €
16 935€ - 189 594€
Revenue Multiple 30%
892 880 € × 0.22x
Estimation 200 497 €
107 844€ - 434 173€
Net Income Multiple 20%
94 242 € × 3.5x
Estimation 331 301 €
92 421€ - 927 418€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 120 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 SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT with other companies in the same sector:

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

Frequently asked questions about SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT

What is the revenue of SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT ?

The revenue of SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT in 2021 is 893 k€.

Is SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT profitable?

Yes, SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT generated a net profit of 94 k€ in 2021.

Where is the headquarters of SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT ?

The headquarters of SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT is located in SAINT-RAPHAEL (83700), in the department Var.

Where to find the tax return of SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT ?

The tax return of SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT 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 DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT operate?

SOCIETE DE MATERIELS - AMENAGEMENTS - TRAVAUX - SMAT 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.