T.E.P. TECHNIQUE ET PLASTURGIE : revenue, balance sheet and financial ratios

T.E.P. TECHNIQUE ET PLASTURGIE is a French company founded 29 years ago, specialized in the sector Fabrication d'éléments en matières plastiques pour la construction. Based in BOUTTENCOURT (80220), this company of category PME shows in 2022 a revenue of 6.4 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 - T.E.P. TECHNIQUE ET PLASTURGIE (SIREN 411580368)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue 6 371 128 € 6 601 436 € 5 387 586 € 5 946 718 € 5 702 338 € 5 733 630 € 6 119 207 €
Net income 37 985 € -297 193 € -83 759 € -124 230 € 211 743 € 145 028 € 46 913 €
EBITDA 281 575 € -171 768 € 756 € 64 024 € 207 824 € 289 680 € 140 272 €
Net margin 0.6% -4.5% -1.6% -2.1% 3.7% 2.5% 0.8%

Revenue and income statement

In 2022, T.E.P. TECHNIQUE ET PLASTURGIE achieves revenue of 6.4 M€. Revenue is growing positively over 7 years (CAGR: +0.7%). Slight decline of -3% vs 2021. After deducting consumption (1.6 M€), gross margin stands at 4.8 M€, i.e. a rate of 75%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 282 k€, representing 4.4% of revenue. Positive scissor effect: EBITDA margin improves by +7.0 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 38 k€, i.e. 0.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

6 371 128 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

4 799 051 €

EBITDA (2022) ?
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

281 575 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-20 355 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

37 985 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

4.4%

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Chart evolution

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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 41%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 45%. 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 5.9 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

40.68%

Financial autonomy (2022) ?
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

45.043%

Cash flow / Revenue (2022) ?
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

2.402%

Repayment capacity (2022) ?
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

5.857

Asset age ratio (2022) ?
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

33.0%

Solvency indicators evolution
T.E.P. TECHNIQUE ET PLASTURGIE

Sector positioning

Debt ratio
40.68 2022
2020
2021
2022
Q1: 5.18
Med: 32.58
Q3: 74.21
Average

In 2022, the debt ratio of T.E.P. TECHNIQUE ET PLAST... (40.68) 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
45.04% 2022
2020
2021
2022
Q1: 25.66%
Med: 41.03%
Q3: 60.97%
Good

In 2022, the financial autonomy of T.E.P. TECHNIQUE ET PLAST... (45.0%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
5.86 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.87 years
Q3: 2.93 years
Watch -8 pts over 3 years

In 2022, the repayment capacity of T.E.P. TECHNIQUE ET PLAST... (5.86) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 247.88. 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 12.0x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2022) ?
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

247.882

Interest coverage (2022) ?
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

12.023

Liquidity indicators evolution
T.E.P. TECHNIQUE ET PLASTURGIE

Sector positioning

Liquidity ratio
247.88 2022
2020
2021
2022
Q1: 154.38
Med: 224.05
Q3: 330.36
Good +8 pts over 3 years

In 2022, the liquidity ratio of T.E.P. TECHNIQUE ET PLAST... (247.88) 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
12.02x 2022
2020
2021
2022
Q1: 0.11x
Med: 1.67x
Q3: 4.24x
Excellent -22 pts over 3 years

In 2022, the interest coverage of T.E.P. TECHNIQUE ET PLAST... (12.0x) 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: 18 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. Excellent situation: suppliers finance 31 days of the operating cycle (retail model). Inventory turnover is 66 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 168 days of revenue, i.e. 3.0 M€ to permanently finance.

Operating WCR (2022) ?
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

2 975 253 €

Customer credit (2022) ?
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

18 j

Supplier credit (2022) ?
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

49 j

Inventory turnover (2022) ?
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

66 j

WCR in days of revenue (2022) ?
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

168 j

WCR and payment terms evolution
T.E.P. TECHNIQUE ET PLASTURGIE

Positioning of T.E.P. TECHNIQUE ET PLASTURGIE in its sector

Comparison with sector Fabrication d'éléments en matières plastiques pour la construction

Valuation estimate

Based on 76 transactions of similar company sales (all years), the value of T.E.P. TECHNIQUE ET PLASTURGIE is estimated at 579 819 € (range 260 902€ - 969 637€). With an EBITDA of 281 575€, the sector multiple of 1.3x is applied. The price/revenue ratio is 0.20x (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 2022
76 tx
260k€ 579k€ 969k€
579 819 € Range: 260 902€ - 969 637€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
281 575 € × 1.3x
Estimation 355 594 €
141 841€ - 789 497€
Revenue Multiple 30%
6 371 128 € × 0.20x
Estimation 1 296 187 €
619 641€ - 1 744 349€
Net Income Multiple 20%
37 985 € × 1.7x
Estimation 65 833 €
20 448€ - 257 919€
How is this estimate calculated?

This estimate is based on the analysis of 76 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 d'éléments en matières plastiques pour la construction)

Compare T.E.P. TECHNIQUE ET PLASTURGIE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'éléments en matières plastiques pour la construction

Frequently asked questions about T.E.P. TECHNIQUE ET PLASTURGIE

What is the revenue of T.E.P. TECHNIQUE ET PLASTURGIE ?

The revenue of T.E.P. TECHNIQUE ET PLASTURGIE in 2022 is 6.4 M€.

Is T.E.P. TECHNIQUE ET PLASTURGIE profitable?

Yes, T.E.P. TECHNIQUE ET PLASTURGIE generated a net profit of 38 k€ in 2022.

Where is the headquarters of T.E.P. TECHNIQUE ET PLASTURGIE ?

The headquarters of T.E.P. TECHNIQUE ET PLASTURGIE is located in BOUTTENCOURT (80220), in the department Somme.

Where to find the tax return of T.E.P. TECHNIQUE ET PLASTURGIE ?

The tax return of T.E.P. TECHNIQUE ET PLASTURGIE 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 T.E.P. TECHNIQUE ET PLASTURGIE operate?

T.E.P. TECHNIQUE ET PLASTURGIE operates in the sector Fabrication d'éléments en matières plastiques pour la construction (NAF code 22.23Z). See the 'Sector positioning' section above to compare the company with its competitors.