SIREN : 793335464
THIRD STEP FRANCE is a French company founded 12 years ago, specialized in the sector Production d'électricité. Based in VALBONNE (06560), this company of category PME shows in 2024 a revenue of 4.8 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 785 519 € | 5 188 345 € | 5 346 657 € | 5 124 536 € | 5 331 824 € | 5 387 019 € | 5 210 063 € | 5 409 780 € | 5 285 804 € |
| Net income | 615 919 € | 412 048 € | 816 929 € | -2 974 € | 42 967 € | -821 820 € | -1 642 666 € | -1 627 949 € | -2 340 490 € |
| EBITDA | 3 333 523 € | 3 261 461 € | 3 998 421 € | 3 746 529 € | 3 965 732 € | 3 958 649 € | 3 776 703 € | 4 072 517 € | 3 896 666 € |
| Net margin | 12.9% | 7.9% | 15.3% | -0.1% | 0.8% | -15.3% | -31.5% | -30.1% | -44.3% |
In 2024, THIRD STEP FRANCE achieves revenue of 4.8 M€. Activity remains stable over the period (CAGR: -1.2%). Slight decline of -8% vs 2023. After deducting consumption (0 €), gross margin stands at 4.8 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.3 M€, representing 69.7% of revenue. Positive scissor effect: EBITDA margin improves by +6.8 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 616 k€, i.e. 12.9% of revenue. This profit can be retained or distributed to shareholders.
4 785 519 €
4 785 519 €
3 333 523 €
1 100 238 €
615 919 €
69.7%
The debt ratio (= Financial debt / Equity x 100) stands at -1423%. 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 -6%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 10.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 47.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
-1423.178%
-6.412%
47.442%
10.04
51.0%
In 2024, the debt ratio of THIRD STEP FRANCE (-1423.18) 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.
In 2024, the financial autonomy of THIRD STEP FRANCE (-6.4%) 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 THIRD STEP FRANCE (10.04) 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 639.07. 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 33.1x. Operating income very largely covers interest expenses: high safety margin.
639.065
33.101
In 2024, the liquidity ratio of THIRD STEP FRANCE (639.07) 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.
In 2024, the interest coverage of THIRD STEP FRANCE (33.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 27 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 19 days. The company must finance 8 days of gap between collections and payments. WCR is negative (-574 days): operations structurally generate cash. Notable WCR improvement over the period (-39%), freeing up cash.
-7 627 160 €
27 j
19 j
0 j
-574 j
Based on 85 transactions of similar company sales
(all years),
the value of THIRD STEP FRANCE is estimated at
5 380 983 €
(range 728 168€ - 21 481 519€).
With an EBITDA of 3 333 523€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.69x
(in line with sector norms).
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 85 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 THIRD STEP FRANCE with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of THIRD STEP FRANCE in 2024 is 4.8 M€.
Yes, THIRD STEP FRANCE generated a net profit of 616 k€ in 2024.
The headquarters of THIRD STEP FRANCE is located in VALBONNE (06560), in the department Alpes-Maritimes.
The tax return of THIRD STEP 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).
THIRD STEP FRANCE operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.