SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE : revenue, balance sheet and financial ratios

SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE is a French company founded 43 years ago, specialized in the sector Transports urbains et suburbains de voyageurs. Based in LE MANS (72000), this company of category ETI shows in 2024 a revenue of 60.1 M€. 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 D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE (SIREN 325793826)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 60 090 449 € 56 904 585 € 54 092 276 € 49 103 024 € 43 833 108 € 46 604 069 € 48 734 959 € 47 941 462 € 46 687 184 €
Net income 151 608 € 149 016 € 142 305 € 117 257 € -520 097 € 126 168 € 124 574 € 308 302 € 83 815 €
EBITDA 129 025 € 474 964 € 337 502 € 176 383 € -366 677 € -71 999 € 127 301 € -167 881 € -34 801 €
Net margin 0.3% 0.3% 0.3% 0.2% -1.2% 0.3% 0.3% 0.6% 0.2%

Revenue and income statement

In 2024, SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE achieves revenue of 60.1 M€. Revenue is growing positively over 9 years (CAGR: +3.2%). Vs 2023: +6%. After deducting consumption (2.9 M€), gross margin stands at 57.2 M€, i.e. a rate of 95%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 129 k€, representing 0.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 152 k€, i.e. 0.3% 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

60 090 449 €

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

57 181 945 €

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

129 025 €

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

-2 593 835 €

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

151 608 €

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

0.2%

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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 0%. 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 33%. The balance between equity and debt is satisfactory. Cash flow represents 0.4% 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

0.0%

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

32.525%

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

0.405%

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

0.0

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

39.7%

Solvency indicators evolution
SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.0
Med: 0.28
Q3: 27.58
Excellent

In 2024, the debt ratio of SOCIETE D'ECONOMIE MIXTE ... (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
32.52% 2024
2022
2023
2024
Q1: 6.39%
Med: 17.87%
Q3: 42.0%
Good +14 pts over 3 years

In 2024, the financial autonomy of SOCIETE D'ECONOMIE MIXTE ... (32.5%) 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
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.09 years
Excellent

In 2024, the repayment capacity of SOCIETE D'ECONOMIE MIXTE ... (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 106.63. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

106.633

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

0.0

Liquidity indicators evolution
SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE

Sector positioning

Liquidity ratio
106.63 2024
2022
2023
2024
Q1: 100.43
Med: 129.12
Q3: 209.11
Average +6 pts over 3 years

In 2024, the liquidity ratio of SOCIETE D'ECONOMIE MIXTE ... (106.63) 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
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 1.6x
Average

In 2024, the interest coverage of SOCIETE D'ECONOMIE MIXTE ... (0.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 19 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 65 days. Excellent situation: suppliers finance 46 days of the operating cycle (retail model). Inventory turnover is 10 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-40 days): operations structurally generate cash. Notable WCR improvement over the period (-1852%), freeing up cash.

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

-6 689 269 €

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

19 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

65 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

10 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

-40 j

WCR and payment terms evolution
SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE

Positioning of SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE in its sector

Comparison with sector Transports urbains et suburbains de voyageurs

Valuation estimate

Based on 206 transactions of similar company sales (all years), the value of SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE is estimated at 9 066 453 € (range 3 634 488€ - 16 206 012€). With an EBITDA of 129 025€, the sector multiple of 4.2x is applied. The price/revenue ratio is 0.48x (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
206 transactions
3634k€ 9066k€ 16206k€
9 066 453 € Range: 3 634 488€ - 16 206 012€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

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EBITDA Multiple 50%
129 025 € × 4.2x
Estimation 543 124 €
259 503€ - 1 015 945€
Revenue Multiple 30%
60 090 449 € × 0.48x
Estimation 28 957 869 €
11 548 314€ - 51 462 968€
Net Income Multiple 20%
151 608 € × 3.5x
Estimation 537 656 €
201 215€ - 1 295 747€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 206 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 (Transports urbains et suburbains de voyageurs)

Compare SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE with other companies in the same sector:

Voir toutes les statistiques du secteur Transports urbains et suburbains de voyageurs

Frequently asked questions about SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE

What is the revenue of SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE ?

The revenue of SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE in 2024 is 60.1 M€.

Is SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE profitable?

Yes, SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE generated a net profit of 152 k€ in 2024.

Where is the headquarters of SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE ?

The headquarters of SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE is located in LE MANS (72000), in the department Sarthe.

Where to find the tax return of SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE ?

The tax return of SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE 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 D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE operate?

SOCIETE D'ECONOMIE MIXTE DES TRANSPORTS EN COMMUN DE L'AGGLOMERATION MANCELLE operates in the sector Transports urbains et suburbains de voyageurs (NAF code 49.31Z). See the 'Sector positioning' section above to compare the company with its competitors.