SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS : revenue, balance sheet and financial ratios

SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS is a French company founded 19 years ago, specialized in the sector Services administratifs combinés de bureau. Based in BEZIERS (34500), this company of category PME shows in 2023 a revenue of 828 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 MEDITERRANEENNE DE TRANSPORTS HERAULTAIS (SIREN 491119145)
Indicator 2023 2022 2021 2020 2019 2018 2017
Revenue 828 309 € 1 001 759 € 941 216 € 956 329 € 1 179 580 € 1 107 884 € 1 127 018 €
Net income 290 248 € 5 490 € 73 640 € -62 737 € -18 269 € 17 837 € 8 913 €
EBITDA -55 195 € -282 € 59 874 € -72 838 € -22 246 € 24 759 € -1 497 €
Net margin 35.0% 0.5% 7.8% -6.6% -1.5% 1.6% 0.8%

Revenue and income statement

In 2023, SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS achieves revenue of 828 k€. Revenue is declining over the period 2017-2023 (CAGR: -5.0%). Significant drop of -17% vs 2022. After deducting consumption (290 k€), gross margin stands at 538 k€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -55 k€, representing -6.7% of revenue. Warning negative scissor effect: despite revenue change (-17%), EBITDA varies by -19473%, reducing margin by 6.6 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 290 k€, i.e. 35.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

828 309 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

538 286 €

EBITDA (2023) ?
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

-55 195 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-38 069 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

290 248 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-6.7%

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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 2%. 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 1%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 37.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

1.723%

Financial autonomy (2023) ?
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

0.955%

Cash flow / Revenue (2023) ?
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

37.537%

Repayment capacity (2023) ?
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

Solvency indicators evolution
SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS

Sector positioning

Debt ratio
1.72 2023
2021
2022
2023
Q1: 0.0
Med: 13.93
Q3: 108.64
Good -35 pts over 3 years

In 2023, the debt ratio of SOCIETE MEDITERRANEENNE D... (1.72) 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
0.95% 2023
2021
2022
2023
Q1: 6.13%
Med: 40.08%
Q3: 78.78%
Average -13 pts over 3 years

In 2023, the financial autonomy of SOCIETE MEDITERRANEENNE D... (0.9%) 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
0.0 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.01 years
Q3: 2.98 years
Excellent -34 pts over 3 years

In 2023, the repayment capacity of SOCIETE MEDITERRANEENNE D... (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 170.97. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

170.974

Interest coverage (2023) ?
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

-0.341

Liquidity indicators evolution
SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS

Sector positioning

Liquidity ratio
170.97 2023
2021
2022
2023
Q1: 104.45
Med: 301.0
Q3: 1404.82
Average

In 2023, the liquidity ratio of SOCIETE MEDITERRANEENNE D... (170.97) 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
-0.34x 2023
2021
2022
2023
Q1: -20.16x
Med: 0.0x
Q3: 0.09x
Average -25 pts over 3 years

In 2023, the interest coverage of SOCIETE MEDITERRANEENNE D... (-0.3x) 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: 20 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 91 days. Excellent situation: suppliers finance 71 days of the operating cycle (retail model). Overall, WCR represents 77 days of revenue, i.e. 178 k€ to permanently finance. Over 2017-2023, WCR increased by +681%, requiring additional financing.

Operating WCR (2023) ?
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

178 285 €

Customer credit (2023) ?
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

20 j

Supplier credit (2023) ?
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

91 j

Inventory turnover (2023) ?
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 (2023) ?
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

77 j

WCR and payment terms evolution
SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS

Positioning of SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS in its sector

Comparison with sector Services administratifs combinés de bureau

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (27 transactions). This range of 191 800€ to 1 499 144€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
191k€ 774k€ 1499k€
774 748 € Range: 191 800€ - 1 499 144€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 27 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 (Services administratifs combinés de bureau)

Compare SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS with other companies in the same sector:

Voir toutes les statistiques du secteur Services administratifs combinés de bureau

Frequently asked questions about SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS

What is the revenue of SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS ?

The revenue of SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS in 2023 is 828 k€.

Is SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS profitable?

Yes, SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS generated a net profit of 290 k€ in 2023.

Where is the headquarters of SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS ?

The headquarters of SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS is located in BEZIERS (34500), in the department Herault.

Where to find the tax return of SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS ?

The tax return of SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS 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 MEDITERRANEENNE DE TRANSPORTS HERAULTAIS operate?

SOCIETE MEDITERRANEENNE DE TRANSPORTS HERAULTAIS operates in the sector Services administratifs combinés de bureau (NAF code 82.11Z). See the 'Sector positioning' section above to compare the company with its competitors.