STE DES ENROBES MEDITERRANEENS : revenue, balance sheet and financial ratios

STE DES ENROBES MEDITERRANEENS is a French company founded 38 years ago, specialized in the sector Fabrication d'autres produits minéraux non métalliques n.c.a.. Based in SAINT-THIBERY (34630), this company of category GE shows in 2024 a revenue of 17.9 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 - STE DES ENROBES MEDITERRANEENS (SIREN 347409575)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 17 939 342 € 18 515 161 € 15 603 100 € 14 039 052 € 14 438 755 € 17 121 063 € 16 685 211 € 14 658 061 € 15 192 777 €
Net income 712 923 € 782 738 € 643 746 € 719 748 € 680 591 € 713 587 € 728 808 € 700 890 € 886 988 €
EBITDA 948 511 € 951 253 € 824 634 € 880 326 € 853 352 € 944 712 € 941 648 € 911 130 € 1 128 468 €
Net margin 4.0% 4.2% 4.1% 5.1% 4.7% 4.2% 4.4% 4.8% 5.8%

Revenue and income statement

In 2024, STE DES ENROBES MEDITERRANEENS achieves revenue of 17.9 M€. Revenue is growing positively over 9 years (CAGR: +2.1%). Slight decline of -3% vs 2023. After deducting consumption (14.6 M€), gross margin stands at 3.3 M€, i.e. a rate of 19%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 949 k€, representing 5.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 713 k€, i.e. 4.0% 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

17 939 342 €

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

3 333 647 €

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

948 511 €

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

756 651 €

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

712 923 €

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

5.3%

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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 23%. 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 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

22.581%

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

10.438%

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

4.966%

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

0.192

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

8.6%

Solvency indicators evolution
STE DES ENROBES MEDITERRANEENS

Sector positioning

Debt ratio
22.58 2024
2022
2023
2024
Q1: 0.0
Med: 11.35
Q3: 71.05
Average

In 2024, the debt ratio of STE DES ENROBES MEDITERRA... (22.58) 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
10.44% 2024
2022
2023
2024
Q1: 9.68%
Med: 23.36%
Q3: 45.54%
Average

In 2024, the financial autonomy of STE DES ENROBES MEDITERRA... (10.4%) 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
0.19 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.65 years
Average

In 2024, the repayment capacity of STE DES ENROBES MEDITERRA... (0.19) 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 107.26. 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 4.7x. Financial charges are adequately covered by operations.

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

107.261

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

4.687

Liquidity indicators evolution
STE DES ENROBES MEDITERRANEENS

Sector positioning

Liquidity ratio
107.26 2024
2022
2023
2024
Q1: 94.61
Med: 137.76
Q3: 236.84
Average

In 2024, the liquidity ratio of STE DES ENROBES MEDITERRA... (107.26) 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
4.69x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.99x
Q3: 6.91x
Good +11 pts over 3 years

In 2024, the interest coverage of STE DES ENROBES MEDITERRA... (4.7x) 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: 23 days. Favorable situation: supplier credit is longer than customer credit by 22 days. Inventory turnover is 6 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 10 days of revenue, i.e. 489 k€ to permanently finance. Notable WCR improvement over the period (-62%), 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

488 668 €

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

1 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

23 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

6 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

10 j

WCR and payment terms evolution
STE DES ENROBES MEDITERRANEENS

Positioning of STE DES ENROBES MEDITERRANEENS in its sector

Comparison with sector Fabrication d'autres produits minéraux non métalliques n.c.a.

Valuation estimate

Based on 228 transactions of similar company sales (all years), the value of STE DES ENROBES MEDITERRANEENS is estimated at 1 678 025 € (range 772 246€ - 4 553 961€). With an EBITDA of 948 511€, the sector multiple of 1.5x 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.

Estimated enterprise value 2024
228 transactions
772k€ 1678k€ 4553k€
1 678 025 € Range: 772 246€ - 4 553 961€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
948 511 € × 1.5x
Estimation 1 461 854 €
455 895€ - 3 784 960€
Revenue Multiple 30%
17 939 342 € × 0.13x
Estimation 2 297 893 €
1 585 192€ - 6 833 035€
Net Income Multiple 20%
712 923 € × 1.8x
Estimation 1 288 651 €
343 706€ - 3 057 853€
How is this estimate calculated?

This estimate is based on the analysis of 228 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 produits minéraux non métalliques n.c.a.)

Compare STE DES ENROBES MEDITERRANEENS with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres produits minéraux non métalliques n.c.a.

Frequently asked questions about STE DES ENROBES MEDITERRANEENS

What is the revenue of STE DES ENROBES MEDITERRANEENS ?

The revenue of STE DES ENROBES MEDITERRANEENS in 2024 is 17.9 M€.

Is STE DES ENROBES MEDITERRANEENS profitable?

Yes, STE DES ENROBES MEDITERRANEENS generated a net profit of 713 k€ in 2024.

Where is the headquarters of STE DES ENROBES MEDITERRANEENS ?

The headquarters of STE DES ENROBES MEDITERRANEENS is located in SAINT-THIBERY (34630), in the department Herault.

Where to find the tax return of STE DES ENROBES MEDITERRANEENS ?

The tax return of STE DES ENROBES MEDITERRANEENS 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 STE DES ENROBES MEDITERRANEENS operate?

STE DES ENROBES MEDITERRANEENS operates in the sector Fabrication d'autres produits minéraux non métalliques n.c.a. (NAF code 23.99Z). See the 'Sector positioning' section above to compare the company with its competitors.