SIREN : 802864462
TSM FRET is a French company founded 11 years ago, specialized in the sector Entreposage et stockage non frigorifique. Based in RIVESALTES (66600), this company of category PME shows in 2018 a revenue of 427 k€. 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 | 2018 | 2017 | 2016 |
|---|---|---|---|
| Revenue | 427 054 € | 226 668 € | 182 187 € |
| Net income | 21 629 € | 15 589 € | 8 263 € |
| EBITDA | 59 477 € | 16 857 € | 6 721 € |
| Net margin | 5.1% | 6.9% | 4.5% |
In 2018, TSM FRET achieves revenue of 427 k€. Over the period 2016-2018, the company shows strong growth with a CAGR (compound annual growth rate) of +53.1%. Vs 2017, growth of +88% (227 k€ -> 427 k€). After deducting consumption (0 €), gross margin stands at 427 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 59 k€, representing 13.9% of revenue. Positive scissor effect: EBITDA margin improves by +6.5 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 22 k€, i.e. 5.1% of revenue. This profit can be retained or distributed to shareholders.
427 054 €
427 054 €
59 477 €
60 458 €
21 629 €
13.9%
The debt ratio (= Financial debt / Equity x 100) stands at 2%. 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 0%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
2.275%
0.265%
5.065%
0.042
In 2018, the debt ratio of TSM FRET (2.27) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2018, the financial autonomy of TSM FRET (0.3%) 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 2018, the repayment capacity of TSM FRET (0.04) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 112.68. 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 56.5x. Operating income very largely covers interest expenses: high safety margin.
112.684
56.538
In 2018, the liquidity ratio of TSM FRET (112.68) 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.
In 2018, the interest coverage of TSM FRET (56.5x) 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: 215 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 0 days. The gap of 215 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 26 days of revenue, i.e. 31 k€ to permanently finance. Over 2016-2018, WCR increased by +1623%, requiring additional financing.
31 269 €
215 j
0 j
0 j
26 j
Based on 77 transactions of similar company sales
(all years),
the value of TSM FRET is estimated at
53 810 €
(range 27 156€ - 134 842€).
With an EBITDA of 59 477€, the sector multiple of 1.0x 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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 77 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 TSM FRET with other companies in the same sector:
Voir toutes les statistiques du secteur Entreposage et stockage non frigorifique
The revenue of TSM FRET in 2018 is 427 k€.
Yes, TSM FRET generated a net profit of 22 k€ in 2018.
The headquarters of TSM FRET is located in RIVESALTES (66600), in the department Pyrenees-Orientales.
The tax return of TSM FRET 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).
TSM FRET operates in the sector Entreposage et stockage non frigorifique (NAF code 52.10B). See the 'Sector positioning' section above to compare the company with its competitors.