STE EXPLOITATION ENTR SLM- S.E.E. SLM : revenue, balance sheet and financial ratios

STE EXPLOITATION ENTR SLM- S.E.E. SLM is a French company founded 22 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in SAINT-PEE-SUR-NIVELLE (64310), this company of category PME shows in 2023 a revenue of 1.6 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 - STE EXPLOITATION ENTR SLM- S.E.E. SLM (SIREN 452486178)
Indicator 2023 2021 2020 2019 2018 2017 2016
Revenue 1 626 365 € 1 152 966 € 1 349 102 € 1 391 964 € 1 655 595 € 2 186 518 € 2 373 695 €
Net income 97 826 € 36 445 € 52 500 € 6 866 € 30 320 € 149 894 € 221 271 €
EBITDA 218 484 € 40 911 € 114 948 € 67 459 € 78 379 € 225 772 € 344 609 €
Net margin 6.0% 3.2% 3.9% 0.5% 1.8% 6.9% 9.3%

Revenue and income statement

In 2023, STE EXPLOITATION ENTR SLM- S.E.E. SLM achieves revenue of 1.6 M€. Revenue is declining over the period 2016-2023 (CAGR: -5.3%). Vs 2021, growth of +41% (1.2 M€ -> 1.6 M€). After deducting consumption (282 k€), gross margin stands at 1.3 M€, i.e. a rate of 83%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 218 k€, representing 13.4% of revenue. Positive scissor effect: EBITDA margin improves by +9.9 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 98 k€, i.e. 6.0% 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

1 626 365 €

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

1 344 261 €

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

218 484 €

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

167 872 €

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

97 826 €

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

13.4%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 40%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 34%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.9% 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

40.45%

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

33.533%

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

11.881%

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

0.851

Asset age ratio (2023) ?
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

25.5%

Solvency indicators evolution
STE EXPLOITATION ENTR SLM- S.E.E. SLM

Sector positioning

Debt ratio
40.45 2023
2020
2021
2023
Q1: 7.86
Med: 35.99
Q3: 94.91
Average +27 pts over 3 years

In 2023, the debt ratio of STE EXPLOITATION ENTR SLM... (40.45) 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
33.53% 2023
2020
2021
2023
Q1: 19.58%
Med: 37.66%
Q3: 54.69%
Average -31 pts over 3 years

In 2023, the financial autonomy of STE EXPLOITATION ENTR SLM... (33.5%) 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
0.85 years 2023
2020
2021
2023
Q1: 0.0 years
Med: 0.7 years
Q3: 2.29 years
Average +10 pts over 3 years

In 2023, the repayment capacity of STE EXPLOITATION ENTR SLM... (0.85) 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 206.68. 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 0.6x. Danger: operating income does not cover interest charges, unsustainable situation.

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

206.677

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

0.617

Liquidity indicators evolution
STE EXPLOITATION ENTR SLM- S.E.E. SLM

Sector positioning

Liquidity ratio
206.68 2023
2020
2021
2023
Q1: 140.25
Med: 196.83
Q3: 296.62
Good -22 pts over 3 years

In 2023, the liquidity ratio of STE EXPLOITATION ENTR SLM... (206.68) 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
0.62x 2023
2020
2021
2023
Q1: 0.0x
Med: 0.82x
Q3: 3.69x
Average +19 pts over 3 years

In 2023, the interest coverage of STE EXPLOITATION ENTR SLM... (0.6x) 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: 31 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 92 days. Excellent situation: suppliers finance 61 days of the operating cycle (retail model). Overall, WCR represents 22 days of revenue, i.e. 101 k€ to permanently finance. Notable WCR improvement over the period (-83%), freeing up cash.

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

100 867 €

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

31 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

92 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

22 j

WCR and payment terms evolution
STE EXPLOITATION ENTR SLM- S.E.E. SLM

Positioning of STE EXPLOITATION ENTR SLM- S.E.E. SLM 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 STE EXPLOITATION ENTR SLM- S.E.E. SLM is estimated at 328 350 € (range 113 630€ - 827 362€). With an EBITDA of 218 484€, 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 2023
120 transactions
113k€ 328k€ 827k€
328 350 € Range: 113 630€ - 827 362€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
218 484 € × 1.4x
Estimation 300 020 €
71 024€ - 795 147€
Revenue Multiple 30%
1 626 365 € × 0.22x
Estimation 365 203 €
196 437€ - 790 839€
Net Income Multiple 20%
97 826 € × 3.5x
Estimation 343 901 €
95 936€ - 962 687€

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 STE EXPLOITATION ENTR SLM- S.E.E. SLM with other companies in the same sector:

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

Frequently asked questions about STE EXPLOITATION ENTR SLM- S.E.E. SLM

What is the revenue of STE EXPLOITATION ENTR SLM- S.E.E. SLM ?

The revenue of STE EXPLOITATION ENTR SLM- S.E.E. SLM in 2023 is 1.6 M€.

Is STE EXPLOITATION ENTR SLM- S.E.E. SLM profitable?

Yes, STE EXPLOITATION ENTR SLM- S.E.E. SLM generated a net profit of 98 k€ in 2023.

Where is the headquarters of STE EXPLOITATION ENTR SLM- S.E.E. SLM ?

The headquarters of STE EXPLOITATION ENTR SLM- S.E.E. SLM is located in SAINT-PEE-SUR-NIVELLE (64310), in the department Pyrenees-Atlantiques.

Where to find the tax return of STE EXPLOITATION ENTR SLM- S.E.E. SLM ?

The tax return of STE EXPLOITATION ENTR SLM- S.E.E. SLM 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 EXPLOITATION ENTR SLM- S.E.E. SLM operate?

STE EXPLOITATION ENTR SLM- S.E.E. SLM 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.