SYNOPSYS EMULATION AND VERIFICATION : revenue, balance sheet and financial ratios

SYNOPSYS EMULATION AND VERIFICATION is a French company founded 26 years ago, specialized in the sector Ingénierie, études techniques. Based in RUNGIS (94150), this company of category ETI shows in 2025 a revenue of 259.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

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

Financial history - SYNOPSYS EMULATION AND VERIFICATION (SIREN 430450981)
Indicator 2025 2024 2023 2022 2021 2020 2019 2017 2016
Revenue 259 446 474 € 215 433 163 € 206 236 175 € 140 764 351 € 79 415 701 € 83 309 628 € 93 503 246 € 88 853 019 € 69 241 122 €
Net income 21 472 644 € 16 945 448 € 18 221 754 € 16 674 721 € 9 322 173 € 9 599 813 € 9 606 084 € 9 656 333 € 5 594 516 €
EBITDA 19 140 801 € 15 331 582 € 21 688 063 € 12 148 980 € 6 697 643 € 11 232 045 € 11 754 065 € 8 100 145 € 5 130 874 €
Net margin 8.3% 7.9% 8.8% 11.8% 11.7% 11.5% 10.3% 10.9% 8.1%

Revenue and income statement

In 2025, SYNOPSYS EMULATION AND VERIFICATION achieves revenue of 259.4 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +15.8%. Vs 2024, growth of +20% (215.4 M€ -> 259.4 M€). After deducting consumption (160.0 M€), gross margin stands at 99.5 M€, i.e. a rate of 38%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 19.1 M€, representing 7.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 21.5 M€, i.e. 8.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

259 446 474 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

99 474 759 €

EBITDA (2025) ?
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

19 140 801 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

13 080 892 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

21 472 644 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

7.4%

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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 0%. 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 82%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 9.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.27%

Financial autonomy (2025) ?
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

81.995%

Cash flow / Revenue (2025) ?
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

9.019%

Repayment capacity (2025) ?
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

0.021

Asset age ratio (2025) ?
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

39.9%

Solvency indicators evolution
SYNOPSYS EMULATION AND VERIFICATION

Sector positioning

Debt ratio
0.27 2025
2023
2024
2025
Q1: 0.13
Med: 10.92
Q3: 42.13
Good

In 2025, the debt ratio of SYNOPSYS EMULATION AND VE... (0.27) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
82.0% 2025
2023
2024
2025
Q1: 18.6%
Med: 42.54%
Q3: 63.62%
Excellent

In 2025, the financial autonomy of SYNOPSYS EMULATION AND VE... (82.0%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.02 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.03 years
Q3: 1.08 years
Good -9 pts over 3 years

In 2025, the repayment capacity of SYNOPSYS EMULATION AND VE... (0.02) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 678.28. 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 24.7x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2025) ?
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

678.279

Interest coverage (2025) ?
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

24.682

Liquidity indicators evolution
SYNOPSYS EMULATION AND VERIFICATION

Sector positioning

Liquidity ratio
678.28 2025
2023
2024
2025
Q1: 163.68
Med: 247.89
Q3: 406.57
Excellent +12 pts over 3 years

In 2025, the liquidity ratio of SYNOPSYS EMULATION AND VE... (678.28) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
24.68x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.0x
Q3: 2.63x
Excellent

In 2025, the interest coverage of SYNOPSYS EMULATION AND VE... (24.7x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 41 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 21 days. The company must finance 20 days of gap between collections and payments. Inventory turnover is 114 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 183 days of revenue, i.e. 131.6 M€ to permanently finance. Over 2016-2025, WCR increased by +452%, requiring additional financing.

Operating WCR (2025) ?
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

131 637 952 €

Customer credit (2025) ?
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

41 j

Supplier credit (2025) ?
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

21 j

Inventory turnover (2025) ?
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

114 j

WCR in days of revenue (2025) ?
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

183 j

WCR and payment terms evolution
SYNOPSYS EMULATION AND VERIFICATION

Positioning of SYNOPSYS EMULATION AND VERIFICATION in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (34 transactions). This range of 16 011 193€ to 72 157 279€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
16011k€ 25071k€ 72157k€
25 071 687 € Range: 16 011 193€ - 72 157 279€
NAF 5 année 2025

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 34 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 (Ingénierie, études techniques)

Compare SYNOPSYS EMULATION AND VERIFICATION with other companies in the same sector:

Frequently asked questions about SYNOPSYS EMULATION AND VERIFICATION

What is the revenue of SYNOPSYS EMULATION AND VERIFICATION ?

The revenue of SYNOPSYS EMULATION AND VERIFICATION in 2025 is 259.4 M€.

Is SYNOPSYS EMULATION AND VERIFICATION profitable?

Yes, SYNOPSYS EMULATION AND VERIFICATION generated a net profit of 21.5 M€ in 2025.

Where is the headquarters of SYNOPSYS EMULATION AND VERIFICATION ?

The headquarters of SYNOPSYS EMULATION AND VERIFICATION is located in RUNGIS (94150), in the department Val-de-Marne.

Where to find the tax return of SYNOPSYS EMULATION AND VERIFICATION ?

The tax return of SYNOPSYS EMULATION AND VERIFICATION 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 SYNOPSYS EMULATION AND VERIFICATION operate?

SYNOPSYS EMULATION AND VERIFICATION operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.