SOCIETE POUR L'EXPANSION DU CONCEPT TAM : revenue, balance sheet and financial ratios

SOCIETE POUR L'EXPANSION DU CONCEPT TAM is a French company founded 9 years ago, specialized in the sector Commerce de détail d'habillement en magasin spécialisé. Based in MAMOUDZOU (97600), this company of category PME shows in 2022 a revenue of 4.3 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 POUR L'EXPANSION DU CONCEPT TAM (SIREN 822180683)
Indicator 2022 2021 2020 2019 2018 2017
Revenue 4 340 977 € 4 658 385 € 3 956 798 € 3 289 764 € 4 024 623 € 5 010 898 €
Net income 31 300 € 377 376 € 331 473 € -24 363 € 39 581 € 184 471 €
EBITDA 24 478 € 503 575 € 392 039 € 30 800 € 55 799 € 278 797 €
Net margin 0.7% 8.1% 8.4% -0.7% 1.0% 3.7%

Revenue and income statement

In 2022, SOCIETE POUR L'EXPANSION DU CONCEPT TAM achieves revenue of 4.3 M€. Activity remains stable over the period (CAGR: -2.8%). Slight decline of -7% vs 2021. After deducting consumption (2.3 M€), gross margin stands at 2.1 M€, i.e. a rate of 47%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 24 k€, representing 0.6% of revenue. Warning negative scissor effect: despite revenue change (-7%), EBITDA varies by -95%, reducing margin by 10.2 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 31 k€, i.e. 0.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

4 340 977 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 053 118 €

EBITDA (2022) ?
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

24 478 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

30 083 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

31 300 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.6%

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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 115%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 35%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 48.7 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

114.691%

Financial autonomy (2022) ?
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

34.802%

Cash flow / Revenue (2022) ?
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

0.59%

Repayment capacity (2022) ?
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

48.709

Asset age ratio (2022) ?
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

10.6%

Solvency indicators evolution
SOCIETE POUR L'EXPANSION DU CONCEPT TAM

Sector positioning

Debt ratio
114.69 2022
2020
2021
2022
Q1: 1.31
Med: 38.04
Q3: 125.5
Average

In 2022, the debt ratio of SOCIETE POUR L'EXPANSION ... (114.69) 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
34.8% 2022
2020
2021
2022
Q1: 12.92%
Med: 35.59%
Q3: 59.39%
Average

In 2022, the financial autonomy of SOCIETE POUR L'EXPANSION ... (34.8%) 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
48.71 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.48 years
Q3: 3.26 years
Watch +12 pts over 3 years

In 2022, the repayment capacity of SOCIETE POUR L'EXPANSION ... (48.71) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 374.80. 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 1.9x. Coverage is limited: any activity downturn would jeopardize interest payments.

Liquidity ratio (2022) ?
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

374.796

Interest coverage (2022) ?
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

1.908

Liquidity indicators evolution
SOCIETE POUR L'EXPANSION DU CONCEPT TAM

Sector positioning

Liquidity ratio
374.8 2022
2020
2021
2022
Q1: 118.94
Med: 209.07
Q3: 369.86
Excellent +6 pts over 3 years

In 2022, the liquidity ratio of SOCIETE POUR L'EXPANSION ... (374.80) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
1.91x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.32x
Q3: 3.45x
Good +38 pts over 3 years

In 2022, the interest coverage of SOCIETE POUR L'EXPANSION ... (1.9x) 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: 1 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 67 days. Excellent situation: suppliers finance 66 days of the operating cycle (retail model). Inventory turnover is 136 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 157 days of revenue, i.e. 1.9 M€ to permanently finance. Over 2017-2022, WCR increased by +58%, requiring additional financing.

Operating WCR (2022) ?
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

1 895 184 €

Customer credit (2022) ?
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

1 j

Supplier credit (2022) ?
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

67 j

Inventory turnover (2022) ?
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

136 j

WCR in days of revenue (2022) ?
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

157 j

WCR and payment terms evolution
SOCIETE POUR L'EXPANSION DU CONCEPT TAM

Positioning of SOCIETE POUR L'EXPANSION DU CONCEPT TAM in its sector

Comparison with sector Commerce de détail d'habillement en magasin spécialisé

Valuation estimate

Based on 75 transactions of similar company sales in 2022, the value of SOCIETE POUR L'EXPANSION DU CONCEPT TAM is estimated at 725 618 € (range 277 112€ - 1 305 331€). With an EBITDA of 24 478€, the sector multiple of 2.5x is applied. The price/revenue ratio is 0.52x (in line with sector norms). 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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2022
75 tx
277k€ 725k€ 1305k€
725 618 € Range: 277 112€ - 1 305 331€
NAF 5 année 2022

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
24 478 € × 2.5x
Estimation 62 010 €
32 905€ - 137 367€
Revenue Multiple 30%
4 340 977 € × 0.52x
Estimation 2 266 892 €
849 987€ - 4 005 956€
Net Income Multiple 20%
31 300 € × 2.3x
Estimation 72 730 €
28 321€ - 174 305€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 75 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 détail d'habillement en magasin spécialisé)

Compare SOCIETE POUR L'EXPANSION DU CONCEPT TAM with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de détail d'habillement en magasin spécialisé

Frequently asked questions about SOCIETE POUR L'EXPANSION DU CONCEPT TAM

What is the revenue of SOCIETE POUR L'EXPANSION DU CONCEPT TAM ?

The revenue of SOCIETE POUR L'EXPANSION DU CONCEPT TAM in 2022 is 4.3 M€.

Is SOCIETE POUR L'EXPANSION DU CONCEPT TAM profitable?

Yes, SOCIETE POUR L'EXPANSION DU CONCEPT TAM generated a net profit of 31 k€ in 2022.

Where is the headquarters of SOCIETE POUR L'EXPANSION DU CONCEPT TAM ?

The headquarters of SOCIETE POUR L'EXPANSION DU CONCEPT TAM is located in MAMOUDZOU (97600), in the department Mayotte.

Where to find the tax return of SOCIETE POUR L'EXPANSION DU CONCEPT TAM ?

The tax return of SOCIETE POUR L'EXPANSION DU CONCEPT TAM 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 POUR L'EXPANSION DU CONCEPT TAM operate?

SOCIETE POUR L'EXPANSION DU CONCEPT TAM operates in the sector Commerce de détail d'habillement en magasin spécialisé (NAF code 47.71Z). See the 'Sector positioning' section above to compare the company with its competitors.