SIREN : 349076752
SOCIETE ROUTIERE DU MIDI is a French company founded 37 years ago, specialized in the sector Construction de routes et autoroutes. Based in GAP (05000), this company of category GE shows in 2024 a revenue of 42.2 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 42 241 788 € | 37 552 735 € | 36 252 495 € | 33 494 926 € | 34 083 381 € | 33 653 818 € | 33 257 014 € | 30 010 611 € | 26 973 993 € |
| Net income | 3 370 891 € | 3 013 506 € | 2 451 426 € | 2 152 888 € | 1 829 327 € | 1 773 564 € | 1 747 466 € | 1 557 041 € | 1 438 144 € |
| EBITDA | 7 373 593 € | 5 705 248 € | 5 063 514 € | 4 899 054 € | 5 236 756 € | 4 957 089 € | 4 773 145 € | 3 214 220 € | 2 774 908 € |
| Net margin | 8.0% | 8.0% | 6.8% | 6.4% | 5.4% | 5.3% | 5.3% | 5.2% | 5.3% |
In 2024, SOCIETE ROUTIERE DU MIDI achieves revenue of 42.2 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.8%. Vs 2023, growth of +12% (37.6 M€ -> 42.2 M€). After deducting consumption (9.0 M€), gross margin stands at 33.3 M€, i.e. a rate of 79%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 7.4 M€, representing 17.5% of revenue. Positive scissor effect: EBITDA margin improves by +2.3 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3.4 M€, i.e. 8.0% of revenue. This profit can be retained or distributed to shareholders.
42 241 788 €
33 271 433 €
7 373 593 €
4 913 021 €
3 370 891 €
17.4%
The debt ratio (= Financial debt / Equity x 100) stands at 19%. 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 23%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
19.327%
22.944%
11.497%
0.257
34.2%
In 2024, the debt ratio of SOCIETE ROUTIERE DU MIDI (19.33) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of SOCIETE ROUTIERE DU MIDI (22.9%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of SOCIETE ROUTIERE DU MIDI (0.26) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 193.02. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.
193.02
0.115
In 2024, the liquidity ratio of SOCIETE ROUTIERE DU MIDI (193.02) 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.
In 2024, the interest coverage of SOCIETE ROUTIERE DU MIDI (0.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 49 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 69 days. Favorable situation: supplier credit is longer than customer credit by 20 days. Inventory turnover is 78 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 20 days of revenue, i.e. 2.4 M€ to permanently finance. Notable WCR improvement over the period (-35%), freeing up cash.
2 378 635 €
49 j
69 j
78 j
20 j
Based on 67 transactions of similar company sales
(all years),
the value of SOCIETE ROUTIERE DU MIDI is estimated at
3 994 878 €
(range 2 252 284€ - 13 927 907€).
With an EBITDA of 7 373 593€, the sector multiple of 0.6x is applied.
The price/revenue ratio is 0.13x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 67 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare SOCIETE ROUTIERE DU MIDI with other companies in the same sector:
Voir toutes les statistiques du secteur Construction de routes et autoroutes
The revenue of SOCIETE ROUTIERE DU MIDI in 2024 is 42.2 M€.
Yes, SOCIETE ROUTIERE DU MIDI generated a net profit of 3.4 M€ in 2024.
The headquarters of SOCIETE ROUTIERE DU MIDI is located in GAP (05000), in the department Hautes-Alpes.
The tax return of SOCIETE ROUTIERE DU MIDI 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).
SOCIETE ROUTIERE DU MIDI operates in the sector Construction de routes et autoroutes (NAF code 42.11Z). See the 'Sector positioning' section above to compare the company with its competitors.