SIREN : 352295562
THERMO STEPH is a French company founded 36 years ago, specialized in the sector Fabrication d'emballages en matières plastiques. Based in LA CHAPELLE-D'AUREC (43120), this company of category PME shows in 2022 a revenue of 1.6 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 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 1 639 724 € | 1 736 889 € | 1 425 299 € | 1 508 264 € | 1 556 047 € | 1 520 824 € | 1 471 533 € |
| Net income | 109 705 € | 76 598 € | 21 450 € | 77 065 € | 68 990 € | 51 148 € | 57 503 € |
| EBITDA | 230 771 € | 139 895 € | 71 766 € | 135 930 € | 195 928 € | 125 951 € | 144 069 € |
| Net margin | 6.7% | 4.4% | 1.5% | 5.1% | 4.4% | 3.4% | 3.9% |
In 2022, THERMO STEPH achieves revenue of 1.6 M€. Revenue is growing positively over 7 years (CAGR: +1.8%). Slight decline of -6% vs 2021. After deducting consumption (719 k€), gross margin stands at 921 k€, i.e. a rate of 56%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 231 k€, representing 14.1% of revenue. Positive scissor effect: EBITDA margin improves by +6.0 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 110 k€, i.e. 6.7% of revenue. This profit can be retained or distributed to shareholders.
1 639 724 €
920 790 €
230 771 €
183 655 €
109 705 €
14.1%
The debt ratio (= Financial debt / Equity x 100) stands at 50%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 55%. 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 3.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 11.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
49.706%
55.387%
11.605%
3.055
34.4%
In 2022, the debt ratio of THERMO STEPH (49.71) 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 2022, the financial autonomy of THERMO STEPH (55.4%) 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.
In 2022, the repayment capacity of THERMO STEPH (3.06) 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 408.75. 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 0.7x. Danger: operating income does not cover interest charges, unsustainable situation.
408.745
0.744
In 2022, the liquidity ratio of THERMO STEPH (408.75) 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.
In 2022, the interest coverage of THERMO STEPH (0.7x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 80 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 41 days. The gap of 39 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 72 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 169 days of revenue, i.e. 771 k€ to permanently finance. Over 2016-2022, WCR increased by +45%, requiring additional financing.
771 113 €
80 j
41 j
72 j
169 j
Based on 76 transactions of similar company sales
(all years),
the value of THERMO STEPH is estimated at
283 823 €
(range 117 778€ - 607 186€).
With an EBITDA of 230 771€, 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.
Ajustez les pondérations selon votre analyse
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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare THERMO STEPH with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d'emballages en matières plastiques
The revenue of THERMO STEPH in 2022 is 1.6 M€.
Yes, THERMO STEPH generated a net profit of 110 k€ in 2022.
The headquarters of THERMO STEPH is located in LA CHAPELLE-D'AUREC (43120), in the department Haute-Loire.
The tax return of THERMO STEPH 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).
THERMO STEPH operates in the sector Fabrication d'emballages en matières plastiques (NAF code 22.22Z). See the 'Sector positioning' section above to compare the company with its competitors.