SIREN : 390162246
T S E FRANCE is a French company founded 33 years ago, specialized in the sector Transports routiers de fret interurbains. Based in GENAS (69740), this company of category ETI shows in 2024 a revenue of 37.1 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 37 097 107 € | 36 216 863 € | 36 225 711 € | 30 938 342 € | 26 046 520 € | 25 643 517 € | 22 563 432 € | 18 833 708 € | 16 676 156 € |
| Net income | 1 112 854 € | 1 326 716 € | 1 515 045 € | 1 515 367 € | 1 549 935 € | 416 421 € | 949 373 € | 945 012 € | 939 566 € |
| EBITDA | 1 572 084 € | 2 027 098 € | 2 261 874 € | 2 094 667 € | 2 385 416 € | 1 710 540 € | 1 158 241 € | 1 429 723 € | 1 183 378 € |
| Net margin | 3.0% | 3.7% | 4.2% | 4.9% | 6.0% | 1.6% | 4.2% | 5.0% | 5.6% |
In 2024, T S E FRANCE achieves revenue of 37.1 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +10.5%. Vs 2023: +2%. After deducting consumption (4.7 M€), gross margin stands at 32.4 M€, i.e. a rate of 87%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.6 M€, representing 4.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.1 M€, i.e. 3.0% of revenue. This profit can be retained or distributed to shareholders.
37 097 107 €
32 380 851 €
1 572 084 €
1 726 448 €
1 112 854 €
4.2%
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 31%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
53.597%
31.432%
2.676%
2.252
43.1%
In 2024, the debt ratio of T S E FRANCE (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 2024, the financial autonomy of T S E FRANCE (31.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of T S E FRANCE (2.25) 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 164.43. 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 3.8x. Financial charges are adequately covered by operations.
164.429
3.754
In 2024, the liquidity ratio of T S E FRANCE (164.43) 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 2024, the interest coverage of T S E FRANCE (3.8x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 48 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 36 days. The company must finance 12 days of gap between collections and payments. Overall, WCR represents 29 days of revenue, i.e. 3.0 M€ to permanently finance. Notable WCR improvement over the period (-22%), freeing up cash.
3 004 124 €
48 j
36 j
0 j
29 j
Based on 71 transactions of similar company sales
in 2024,
the value of T S E FRANCE is estimated at
3 997 279 €
(range 1 789 825€ - 9 080 352€).
With an EBITDA of 1 572 084€, the sector multiple of 0.9x is applied.
The price/revenue ratio is 0.23x
(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 71 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 T S E FRANCE with other companies in the same sector:
Voir toutes les statistiques du secteur Transports routiers de fret interurbains
The revenue of T S E FRANCE in 2024 is 37.1 M€.
Yes, T S E FRANCE generated a net profit of 1.1 M€ in 2024.
The headquarters of T S E FRANCE is located in GENAS (69740), in the department Rhone.
The tax return of T S E FRANCE 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).
T S E FRANCE operates in the sector Transports routiers de fret interurbains (NAF code 49.41A). See the 'Sector positioning' section above to compare the company with its competitors.