SOCIETE ETA SA : revenue, balance sheet and financial ratios

SOCIETE ETA SA is a French company founded 66 years ago, specialized in the sector Fabrication d'autres réservoirs, citernes et conteneurs métalliques. Based in RIANS (18220), this company of category ETI shows in 2024 a revenue of 11.4 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 ETA SA (SIREN 603720269)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 11 445 586 € 11 441 702 € 11 938 382 € 11 908 594 € 12 853 884 € 15 410 315 € 15 889 256 € 15 478 388 € 17 637 718 €
Net income 50 146 € 153 103 € 52 269 € -607 060 € -516 210 € 662 € 16 741 € -881 200 € 300 353 €
EBITDA 38 922 € 387 546 € 134 016 € -842 165 € -1 996 267 € -966 887 € -854 376 € -688 990 € 275 204 €
Net margin 0.4% 1.3% 0.4% -5.1% -4.0% 0.0% 0.1% -5.7% 1.7%

Revenue and income statement

In 2024, SOCIETE ETA SA achieves revenue of 11.4 M€. Revenue is declining over the period 2016-2024 (CAGR: -5.3%). Vs 2023: +0%. After deducting consumption (5.4 M€), gross margin stands at 6.0 M€, i.e. a rate of 53%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 39 k€, representing 0.3% of revenue. Warning negative scissor effect: despite revenue change (+0%), EBITDA varies by -90%, reducing margin by 3.0 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 50 k€, i.e. 0.4% 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

11 445 586 €

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

6 037 300 €

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

38 922 €

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

68 985 €

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

50 146 €

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

0.3%

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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 30%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 22%. The balance between equity and debt is satisfactory.

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

30.39%

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

22.433%

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

-0.403%

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

-11.721

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

21.4%

Solvency indicators evolution
SOCIETE ETA SA

Sector positioning

Debt ratio
30.39 2024
2022
2023
2024
Q1: 3.56
Med: 15.62
Q3: 47.97
Average -12 pts over 3 years

In 2024, the debt ratio of SOCIETE ETA SA (30.39) 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
22.43% 2024
2022
2023
2024
Q1: 22.67%
Med: 39.91%
Q3: 59.89%
Average

In 2024, the financial autonomy of SOCIETE ETA SA (22.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-11.72 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.34 years
Q3: 1.98 years
Excellent -71 pts over 3 years

In 2024, the repayment capacity of SOCIETE ETA SA (-11.72) 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 195.82. 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 116.5x. 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

195.819

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

116.477

Liquidity indicators evolution
SOCIETE ETA SA

Sector positioning

Liquidity ratio
195.82 2024
2022
2023
2024
Q1: 163.11
Med: 251.26
Q3: 367.5
Average +17 pts over 3 years

In 2024, the liquidity ratio of SOCIETE ETA SA (195.82) 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
116.48x 2024
2022
2023
2024
Q1: 0.06x
Med: 1.34x
Q3: 7.4x
Excellent +23 pts over 3 years

In 2024, the interest coverage of SOCIETE ETA SA (116.5x) 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: 80 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 62 days. The company must finance 18 days of gap between collections and payments. Inventory turnover is 66 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 39 days of revenue, i.e. 1.2 M€ to permanently finance. Notable WCR improvement over the period (-69%), 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

1 234 178 €

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

80 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

62 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

66 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

39 j

WCR and payment terms evolution
SOCIETE ETA SA

Positioning of SOCIETE ETA SA in its sector

Comparison with sector Fabrication d'autres réservoirs, citernes et conteneurs métalliques

Valuation estimate

Based on 276 transactions of similar company sales (all years), the value of SOCIETE ETA SA is estimated at 696 991 € (range 383 216€ - 1 356 808€). With an EBITDA of 38 922€, the sector multiple of 1.7x is applied. The price/revenue ratio is 0.18x (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
276 transactions
383k€ 696k€ 1356k€
696 991 € Range: 383 216€ - 1 356 808€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
38 922 € × 1.7x
Estimation 67 356 €
18 418€ - 185 134€
Revenue Multiple 30%
11 445 586 € × 0.18x
Estimation 2 114 347 €
1 219 369€ - 3 976 378€
Net Income Multiple 20%
50 146 € × 2.9x
Estimation 145 046 €
40 984€ - 356 643€
How is this estimate calculated?

This estimate is based on the analysis of 276 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 (Fabrication d'autres réservoirs, citernes et conteneurs métalliques)

Compare SOCIETE ETA SA with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres réservoirs, citernes et conteneurs métalliques

Frequently asked questions about SOCIETE ETA SA

What is the revenue of SOCIETE ETA SA ?

The revenue of SOCIETE ETA SA in 2024 is 11.4 M€.

Is SOCIETE ETA SA profitable?

Yes, SOCIETE ETA SA generated a net profit of 50 k€ in 2024.

Where is the headquarters of SOCIETE ETA SA ?

The headquarters of SOCIETE ETA SA is located in RIANS (18220), in the department Cher.

Where to find the tax return of SOCIETE ETA SA ?

The tax return of SOCIETE ETA SA 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 ETA SA operate?

SOCIETE ETA SA operates in the sector Fabrication d'autres réservoirs, citernes et conteneurs métalliques (NAF code 25.29Z). See the 'Sector positioning' section above to compare the company with its competitors.