SPEYSER LUCIEN ET CIE SA : revenue, balance sheet and financial ratios

SPEYSER LUCIEN ET CIE SA is a French company founded 59 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in GERSTHEIM (67150), this company of category PME shows in 2020 a revenue of 14.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - SPEYSER LUCIEN ET CIE SA (SIREN 678502014)
Indicator 2020 2019 2018 2017 2016
Revenue 14 497 719 € 16 858 892 € 14 946 676 € 14 667 902 € 13 183 997 €
Net income 297 965 € 277 361 € 150 490 € 118 948 € 82 378 €
EBITDA 536 387 € 734 081 € 481 155 € 451 720 € 427 067 €
Net margin 2.1% 1.6% 1.0% 0.8% 0.6%

Revenue and income statement

In 2020, SPEYSER LUCIEN ET CIE SA achieves revenue of 14.5 M€. Revenue is growing positively over 5 years (CAGR: +2.4%). Significant drop of -14% vs 2019. After deducting consumption (4.1 M€), gross margin stands at 10.4 M€, i.e. a rate of 72%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 536 k€, representing 3.7% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 298 k€, i.e. 2.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

14 497 719 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

10 375 165 €

EBITDA (2020) ?
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

536 387 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

128 598 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

297 965 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

3.7%

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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 65%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 25%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.0 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

64.975%

Financial autonomy (2020) ?
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

25.26%

Cash flow / Revenue (2020) ?
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

2.724%

Repayment capacity (2020) ?
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

5.034

Asset age ratio (2020) ?
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

35.8%

Solvency indicators evolution
SPEYSER LUCIEN ET CIE SA

Sector positioning

Debt ratio
64.97 2020
2018
2019
2020
Q1: 9.53
Med: 45.67
Q3: 120.27
Average

In 2020, the debt ratio of SPEYSER LUCIEN ET CIE SA (64.97) 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
25.26% 2020
2018
2019
2020
Q1: 18.49%
Med: 36.23%
Q3: 53.77%
Average

In 2020, the financial autonomy of SPEYSER LUCIEN ET CIE SA (25.3%) 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
5.03 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 0.76 years
Q3: 2.77 years
Average

In 2020, the repayment capacity of SPEYSER LUCIEN ET CIE SA (5.03) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 208.87. 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 2.1x. Financial charges are adequately covered by operations.

Liquidity ratio (2020) ?
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

208.865

Interest coverage (2020) ?
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

2.127

Liquidity indicators evolution
SPEYSER LUCIEN ET CIE SA

Sector positioning

Liquidity ratio
208.87 2020
2018
2019
2020
Q1: 144.81
Med: 205.65
Q3: 310.25
Good

In 2020, the liquidity ratio of SPEYSER LUCIEN ET CIE SA (208.87) 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.

Interest coverage
2.13x 2020
2018
2019
2020
Q1: 0.0x
Med: 0.54x
Q3: 2.89x
Good -8 pts over 3 years

In 2020, the interest coverage of SPEYSER LUCIEN ET CIE SA (2.1x) 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: 77 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 97 days. Favorable situation: supplier credit is longer than customer credit by 20 days. Inventory turnover is 28 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 18 days of revenue, i.e. 727 k€ to permanently finance. Notable WCR improvement over the period (-37%), freeing up cash.

Operating WCR (2020) ?
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

726 916 €

Customer credit (2020) ?
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

77 j

Supplier credit (2020) ?
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

97 j

Inventory turnover (2020) ?
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

28 j

WCR in days of revenue (2020) ?
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

18 j

WCR and payment terms evolution
SPEYSER LUCIEN ET CIE SA

Positioning of SPEYSER LUCIEN ET CIE SA in its sector

Comparison with sector Travaux de terrassement courants et travaux préparatoires

Valuation estimate

Based on 120 transactions of similar company sales (all years), the value of SPEYSER LUCIEN ET CIE SA is estimated at 1 554 420 € (range 670 947€ - 3 677 407€). With an EBITDA of 536 387€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.22x (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 2020
120 transactions
670k€ 1554k€ 3677k€
1 554 420 € Range: 670 947€ - 3 677 407€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
536 387 € × 1.4x
Estimation 736 561 €
174 368€ - 1 952 117€
Revenue Multiple 30%
14 497 719 € × 0.22x
Estimation 3 255 484 €
1 751 073€ - 7 049 687€
Net Income Multiple 20%
297 965 € × 3.5x
Estimation 1 047 476 €
292 208€ - 2 932 217€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 120 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 (Travaux de terrassement courants et travaux préparatoires)

Compare SPEYSER LUCIEN ET CIE SA with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de terrassement courants et travaux préparatoires

Frequently asked questions about SPEYSER LUCIEN ET CIE SA

What is the revenue of SPEYSER LUCIEN ET CIE SA ?

The revenue of SPEYSER LUCIEN ET CIE SA in 2020 is 14.5 M€.

Is SPEYSER LUCIEN ET CIE SA profitable?

Yes, SPEYSER LUCIEN ET CIE SA generated a net profit of 298 k€ in 2020.

Where is the headquarters of SPEYSER LUCIEN ET CIE SA ?

The headquarters of SPEYSER LUCIEN ET CIE SA is located in GERSTHEIM (67150), in the department Bas-Rhin.

Where to find the tax return of SPEYSER LUCIEN ET CIE SA ?

The tax return of SPEYSER LUCIEN ET CIE 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 SPEYSER LUCIEN ET CIE SA operate?

SPEYSER LUCIEN ET CIE SA operates in the sector Travaux de terrassement courants et travaux préparatoires (NAF code 43.12A). See the 'Sector positioning' section above to compare the company with its competitors.