SIREN : 404965303
STERNE is a French company founded 30 years ago, specialized in the sector Fabrication d'autres articles en caoutchouc. Based in CAVAILLON (84300), this company of category PME shows in 2023 a revenue of 12.6 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 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 12 616 843 € | 13 521 113 € | 11 511 108 € | 9 916 880 € | 11 041 734 € | 10 035 999 € | 8 779 892 € | 7 540 465 € |
| Net income | 680 198 € | 1 448 594 € | 1 096 240 € | 622 978 € | 775 157 € | 597 999 € | 500 654 € | 352 294 € |
| EBITDA | 1 234 021 € | 2 486 306 € | 2 096 337 € | 1 122 046 € | 1 275 319 € | 854 577 € | 988 558 € | 607 147 € |
| Net margin | 5.4% | 10.7% | 9.5% | 6.3% | 7.0% | 6.0% | 5.7% | 4.7% |
In 2023, STERNE achieves revenue of 12.6 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +7.6%. Slight decline of -7% vs 2022. After deducting consumption (3.5 M€), gross margin stands at 9.1 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 1.2 M€, representing 9.8% of revenue. Warning negative scissor effect: despite revenue change (-7%), EBITDA varies by -50%, reducing margin by 8.6 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 680 k€, i.e. 5.4% of revenue. This profit can be retained or distributed to shareholders.
12 616 843 €
9 104 406 €
1 234 021 €
854 949 €
680 198 €
9.8%
The debt ratio (= Financial debt / Equity x 100) stands at 54%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 8.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
53.602%
37.159%
8.478%
1.282
33.6%
In 2023, the debt ratio of STERNE (53.60) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2023, the financial autonomy of STERNE (37.2%) 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 2023, the repayment capacity of STERNE (1.28) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 194.18. 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 7.7x. Operating income very largely covers interest expenses: high safety margin.
194.175
7.737
In 2023, the liquidity ratio of STERNE (194.18) 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.
In 2023, the interest coverage of STERNE (7.7x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 70 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. The company must finance 21 days of gap between collections and payments. Inventory turnover is 33 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 86 days of revenue, i.e. 3.0 M€ to permanently finance. Over 2016-2023, WCR increased by +62%, requiring additional financing.
3 013 785 €
70 j
49 j
33 j
86 j
Based on 80 transactions of similar company sales
(all years),
the value of STERNE is estimated at
1 800 741 €
(range 757 534€ - 3 638 593€).
With an EBITDA of 1 234 021€, the sector multiple of 1.3x is applied.
The price/revenue ratio is 0.21x
(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 80 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 STERNE with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d'autres articles en caoutchouc
The revenue of STERNE in 2023 is 12.6 M€.
Yes, STERNE generated a net profit of 680 k€ in 2023.
The headquarters of STERNE is located in CAVAILLON (84300), in the department Vaucluse.
The tax return of STERNE 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).
STERNE operates in the sector Fabrication d'autres articles en caoutchouc (NAF code 22.19Z). See the 'Sector positioning' section above to compare the company with its competitors.