TECHNIQUE MINERALE CULTURE ET ELEVAGE : revenue, balance sheet and financial ratios

TECHNIQUE MINERALE CULTURE ET ELEVAGE is a French company founded 32 years ago, specialized in the sector Fabrication de produits azotés et d'engrais. Based in SAINT-GONNERY (56920), this company of category PME shows in 2024 a revenue of 36.4 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 - TECHNIQUE MINERALE CULTURE ET ELEVAGE (SIREN 393240122)
Indicator 2024 2023 2022 2021 2020 2019 2018 2016
Revenue 36 424 109 € 37 531 153 € 42 879 812 € 32 467 656 € 31 628 130 € 29 210 445 € 27 170 440 € 26 606 228 €
Net income 2 514 481 € 2 646 026 € 3 764 836 € 2 730 145 € 2 741 677 € 2 095 478 € 1 809 357 € 1 721 413 €
EBITDA 3 657 541 € 4 266 890 € 6 187 356 € 4 461 023 € 4 562 973 € 3 502 840 € 2 926 200 € 2 784 731 €
Net margin 6.9% 7.1% 8.8% 8.4% 8.7% 7.2% 6.7% 6.5%

Revenue and income statement

In 2024, TECHNIQUE MINERALE CULTURE ET ELEVAGE achieves revenue of 36.4 M€. Revenue is growing positively over 8 years (CAGR: +4.0%). Slight decline of -3% vs 2023. After deducting consumption (14.3 M€), gross margin stands at 22.1 M€, i.e. a rate of 61%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.7 M€, representing 10.0% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2.5 M€, i.e. 6.9% 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

36 424 109 €

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

22 128 902 €

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

3 657 541 €

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

3 392 892 €

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

2 514 481 €

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

10.0%

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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 4%. 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 67%. 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 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 7.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

4.204%

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

66.925%

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

7.196%

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

0.286

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

34.2%

Solvency indicators evolution
TECHNIQUE MINERALE CULTURE ET ELEVAGE

Sector positioning

Debt ratio
4.2 2024
2022
2023
2024
Q1: 7.95
Med: 30.99
Q3: 89.53
Excellent

In 2024, the debt ratio of TECHNIQUE MINERALE CULTUR... (4.20) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
66.92% 2024
2022
2023
2024
Q1: 20.85%
Med: 42.23%
Q3: 60.06%
Excellent

In 2024, the financial autonomy of TECHNIQUE MINERALE CULTUR... (66.9%) 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
0.29 years 2024
2022
2023
2024
Q1: -1.89 years
Med: 0.06 years
Q3: 2.3 years
Average +19 pts over 3 years

In 2024, the repayment capacity of TECHNIQUE MINERALE CULTUR... (0.29) 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 287.96. 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 1.4x. Coverage is limited: any activity downturn would jeopardize interest payments.

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

287.956

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

1.423

Liquidity indicators evolution
TECHNIQUE MINERALE CULTURE ET ELEVAGE

Sector positioning

Liquidity ratio
287.96 2024
2022
2023
2024
Q1: 190.68
Med: 291.78
Q3: 411.05
Average

In 2024, the liquidity ratio of TECHNIQUE MINERALE CULTUR... (287.96) 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
1.42x 2024
2022
2023
2024
Q1: -5.15x
Med: 0.84x
Q3: 10.92x
Good +13 pts over 3 years

In 2024, the interest coverage of TECHNIQUE MINERALE CULTUR... (1.4x) 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: 49 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 30 days. The company must finance 19 days of gap between collections and payments. Inventory turnover is 37 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 37 days of revenue, i.e. 3.8 M€ to permanently finance.

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

3 787 743 €

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

49 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

30 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

37 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

37 j

WCR and payment terms evolution
TECHNIQUE MINERALE CULTURE ET ELEVAGE

Positioning of TECHNIQUE MINERALE CULTURE ET ELEVAGE in its sector

Comparison with sector Fabrication de produits azotés et d'engrais

Valuation estimate

Based on 74 transactions of similar company sales (all years), the value of TECHNIQUE MINERALE CULTURE ET ELEVAGE is estimated at 2 613 845 € (range 1 251 330€ - 7 497 283€). With an EBITDA of 3 657 541€, the sector multiple of 0.6x is applied. The price/revenue ratio is 0.11x (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.

Estimated enterprise value 2024
74 tx
1251k€ 2613k€ 7497k€
2 613 845 € Range: 1 251 330€ - 7 497 283€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
3 657 541 € × 0.6x
Estimation 2 286 057 €
692 571€ - 5 271 719€
Revenue Multiple 30%
36 424 109 € × 0.11x
Estimation 4 000 979 €
2 610 979€ - 9 102 826€
Net Income Multiple 20%
2 514 481 € × 0.5x
Estimation 1 352 618 €
608 759€ - 10 652 877€
How is this estimate calculated?

This estimate is based on the analysis of 74 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 de produits azotés et d'engrais)

Compare TECHNIQUE MINERALE CULTURE ET ELEVAGE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de produits azotés et d'engrais

Frequently asked questions about TECHNIQUE MINERALE CULTURE ET ELEVAGE

What is the revenue of TECHNIQUE MINERALE CULTURE ET ELEVAGE ?

The revenue of TECHNIQUE MINERALE CULTURE ET ELEVAGE in 2024 is 36.4 M€.

Is TECHNIQUE MINERALE CULTURE ET ELEVAGE profitable?

Yes, TECHNIQUE MINERALE CULTURE ET ELEVAGE generated a net profit of 2.5 M€ in 2024.

Where is the headquarters of TECHNIQUE MINERALE CULTURE ET ELEVAGE ?

The headquarters of TECHNIQUE MINERALE CULTURE ET ELEVAGE is located in SAINT-GONNERY (56920), in the department Morbihan.

Where to find the tax return of TECHNIQUE MINERALE CULTURE ET ELEVAGE ?

The tax return of TECHNIQUE MINERALE CULTURE ET ELEVAGE 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 TECHNIQUE MINERALE CULTURE ET ELEVAGE operate?

TECHNIQUE MINERALE CULTURE ET ELEVAGE operates in the sector Fabrication de produits azotés et d'engrais (NAF code 20.15Z). See the 'Sector positioning' section above to compare the company with its competitors.