TRANSPORTS DE ST MICHEL EN L HERM : revenue, balance sheet and financial ratios

TRANSPORTS DE ST MICHEL EN L HERM is a French company founded 38 years ago, specialized in the sector Transports routiers de fret interurbains. Based in POUZAUGES (85700), this company of category PME shows in 2021 a revenue of 2.0 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 - TRANSPORTS DE ST MICHEL EN L HERM (SIREN 341879542)
Indicator 2021 2021 2020 2019 2018 2017 2016 2015
Revenue 2 047 420 € 5 092 853 € 4 918 294 € 4 848 307 € 4 929 105 € 4 871 221 € 4 902 450 € 5 350 300 €
Net income -131 886 € 1 493 031 € 353 128 € 587 805 € 479 514 € 336 140 € 432 921 € 215 030 €
EBITDA 447 326 € 397 711 € 380 793 € 344 142 € 392 400 € 631 225 € 551 165 € 495 928 €
Net margin -6.4% 29.3% 7.2% 12.1% 9.7% 6.9% 8.8% 4.0%

Revenue and income statement

In 2021, TRANSPORTS DE ST MICHEL EN L HERM achieves revenue of 2.0 M€. Revenue is declining over the period 2015-2021 (CAGR: -14.8%). Significant drop of -60% vs 2021. After deducting consumption (91 k€), gross margin stands at 2.0 M€, i.e. a rate of 96%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 447 k€, representing 21.8% of revenue. Positive scissor effect: EBITDA margin improves by +14.0 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -132 k€ (-6.4% of revenue), which will impact equity.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 047 420 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 956 004 €

EBITDA (2021) ?
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

447 326 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

13 699 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-131 886 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

21.8%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 244%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 27%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 15.7 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 23.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

244.064%

Financial autonomy (2021) ?
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

27.195%

Cash flow / Revenue (2021) ?
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

23.293%

Repayment capacity (2021) ?
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

15.746

Asset age ratio (2021) ?
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

69.7%

Solvency indicators evolution
TRANSPORTS DE ST MICHEL EN L HERM

Sector positioning

Debt ratio
244.06 2021
2020
2021
2021
Q1: 3.91
Med: 37.13
Q3: 104.11
Watch

In 2021, the debt ratio of TRANSPORTS DE ST MICHEL E... (244.06) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
27.2% 2021
2020
2021
2021
Q1: 17.55%
Med: 34.16%
Q3: 50.84%
Average +6 pts over 3 years

In 2021, the financial autonomy of TRANSPORTS DE ST MICHEL E... (27.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
15.75 years 2021
2020
2021
2021
Q1: 0.0 years
Med: 0.13 years
Q3: 2.23 years
Watch

In 2021, the repayment capacity of TRANSPORTS DE ST MICHEL E... (15.75) 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 445.71. 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 2.1x. Financial charges are adequately covered by operations.

Liquidity ratio (2021) ?
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

445.708

Interest coverage (2021) ?
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

2.078

Liquidity indicators evolution
TRANSPORTS DE ST MICHEL EN L HERM

Sector positioning

Liquidity ratio
445.71 2021
2020
2021
2021
Q1: 132.07
Med: 179.01
Q3: 249.56
Excellent

In 2021, the liquidity ratio of TRANSPORTS DE ST MICHEL E... (445.71) 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.

Interest coverage
2.08x 2021
2020
2021
2021
Q1: 0.0x
Med: 0.08x
Q3: 2.03x
Excellent

In 2021, the interest coverage of TRANSPORTS DE ST MICHEL E... (2.1x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 66 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 42 days. The company must finance 24 days of gap between collections and payments. Overall, WCR represents 131 days of revenue, i.e. 745 k€ to permanently finance. Notable WCR improvement over the period (-47%), freeing up cash.

Operating WCR (2021) ?
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

744 769 €

Customer credit (2021) ?
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

66 j

Supplier credit (2021) ?
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

42 j

Inventory turnover (2021) ?
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

0 j

WCR in days of revenue (2021) ?
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

131 j

WCR and payment terms evolution
TRANSPORTS DE ST MICHEL EN L HERM

Positioning of TRANSPORTS DE ST MICHEL EN L HERM in its sector

Comparison with sector Transports routiers de fret interurbains

Valuation estimate

Based on 63 transactions of similar company sales in 2021, the value of TRANSPORTS DE ST MICHEL EN L HERM is estimated at 533 282 € (range 264 423€ - 2 168 828€). With an EBITDA of 447 326€, the sector multiple of 1.5x is applied. The price/revenue ratio is 0.14x (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 2021
63 tx
264k€ 533k€ 2168k€
533 282 € Range: 264 423€ - 2 168 828€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
447 326 € × 1.5x
Estimation 677 062 €
278 003€ - 3 241 686€
Revenue Multiple 30%
2 047 420 € × 0.14x
Estimation 293 650 €
241 791€ - 380 734€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 63 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 (Transports routiers de fret interurbains)

Compare TRANSPORTS DE ST MICHEL EN L HERM with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers de fret interurbains

Frequently asked questions about TRANSPORTS DE ST MICHEL EN L HERM

What is the revenue of TRANSPORTS DE ST MICHEL EN L HERM ?

The revenue of TRANSPORTS DE ST MICHEL EN L HERM in 2021 is 2.0 M€.

Is TRANSPORTS DE ST MICHEL EN L HERM profitable?

TRANSPORTS DE ST MICHEL EN L HERM recorded a net loss in 2021.

Where is the headquarters of TRANSPORTS DE ST MICHEL EN L HERM ?

The headquarters of TRANSPORTS DE ST MICHEL EN L HERM is located in POUZAUGES (85700), in the department Vendee.

Where to find the tax return of TRANSPORTS DE ST MICHEL EN L HERM ?

The tax return of TRANSPORTS DE ST MICHEL EN L HERM 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 TRANSPORTS DE ST MICHEL EN L HERM operate?

TRANSPORTS DE ST MICHEL EN L HERM 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.