Employees: 22 (2023.0)Legal category: SCA (commandite par actions)Size: ETICreation date: 1998-11-01 (27 years)Status: ActiveBusiness sector: Intermédiaires spécialisés dans le commerce d'autres produits spécifiquesLocation: BRIVE-LA-GAILLARDE (19100), Correze
TTI FRANCE : revenue, balance sheet and financial ratios
TTI FRANCE is a French company
founded 27 years ago,
specialized in the sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques.
Based in BRIVE-LA-GAILLARDE (19100),
this company of category ETI
shows in 2024 a revenue of 12.6 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, TTI FRANCE achieves revenue of 12.6 M€. Revenue is growing positively over 9 years (CAGR: +2.8%). Vs 2023: +9%. After deducting consumption (156 k€), gross margin stands at 12.4 M€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.1 M€, representing 9.0% of revenue. Positive scissor effect: EBITDA margin improves by +5.2 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 1.7 M€, i.e. 13.7% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
12 582 273 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
12 426 337 €
EBITDA (2024)
?
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
1 137 843 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
1 261 315 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
1 721 353 €
EBITDA margin (2024)
?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
9.0%
Loading income statement...
Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
Loading data...
Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
Loading data...
Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 90%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 13.6% 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 (2024)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
0.0%
Financial autonomy (2024)
?
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
90.044%
Cash flow / Revenue (2024)
?
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
13.628%
Repayment capacity (2024)
?
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
0.0
Asset age ratio (2024)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
0.893
0.015
0.065
12.158
1.735
0.013
0.0
0.0
0.0
Financial autonomy
87.884
90.489
90.453
82.184
90.554
91.798
91.575
91.602
90.044
Repayment capacity
0.403
0.005
0.017
0.244
0.651
0.004
0.0
0.0
0.0
Cash flow / Revenue
4.531%
5.9%
7.633%
104.498%
6.35%
7.302%
7.989%
9.213%
13.628%
Sector positioning
Debt ratio
0.02024
2022
2023
2024
Q1: 0.0
Med: 5.8
Q3: 35.12
Excellent
In 2024, the debt ratio of TTI FRANCE (0.00) 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.
Financial autonomy
90.04%2024
2022
2023
2024
Q1: 15.09%
Med: 44.33%
Q3: 67.75%
Excellent
In 2024, the financial autonomy of TTI FRANCE (90.0%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
Repayment capacity
0.0 years2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.85 years
Excellent
In 2024, the repayment capacity of TTI FRANCE (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 308.94. 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 10.7x. Operating income very largely covers interest expenses: high safety margin.
Liquidity ratio (2024)
?
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
308.941
Interest coverage (2024)
?
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
10.651
Liquidity indicators evolution TTI FRANCE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
536.137
563.105
99.997
272.356
202.357
219.185
253.728
294.472
308.941
Interest coverage
18.281
9.73
10.478
10.046
8.41
11.49
15.458
20.827
10.651
Sector positioning
Liquidity ratio
308.942024
2022
2023
2024
Q1: 144.96
Med: 248.4
Q3: 435.6
Good
In 2024, the liquidity ratio of TTI FRANCE (308.94) 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
10.65x2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.0x
Excellent
In 2024, the interest coverage of TTI FRANCE (10.7x) 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: 103 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 97 days. The company must finance 6 days of gap between collections and payments. Overall, WCR represents 186 days of revenue, i.e. 6.5 M€ to permanently finance. Notable WCR improvement over the period (-36%), freeing up cash.
Operating WCR (2024)
?
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
6 492 705 €
Customer credit (2024)
?
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
103 j
Supplier credit (2024)
?
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
97 j
Inventory turnover (2024)
?
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 (2024)
?
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
186 j
WCR and payment terms evolution TTI FRANCE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
10 203 507 €
10 369 131 €
493 632 €
4 115 057 €
2 248 079 €
2 947 335 €
3 910 940 €
5 180 058 €
6 492 705 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
0
Customer payment term (days)
307
308
49
149
97
84
111
86
103
Supplier payment term (days)
109
95
89
82
106
110
109
92
97
Positioning of TTI FRANCE in its sector
Comparison with sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques
Valuation estimate
Based on 50 transactions of similar company sales
(all years),
the value of TTI FRANCE is estimated at
2 789 780 €
(range 1 523 480€ - 7 703 746€).
With an EBITDA of 1 137 843€, the sector multiple of 1.8x is applied.
The price/revenue ratio is 0.32x
(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 value2024
50 tx
1523k€2789k€7703k€
2 789 780 €Range: 1 523 480€ - 7 703 746€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
1 137 843 €×1.8x
Estimation2 068 565 €
1 077 780€ - 7 027 518€
Revenue Multiple30%
12 582 273 €×0.32x
Estimation4 010 571 €
1 998 237€ - 7 647 280€
Net Income Multiple20%
1 721 353 €×1.6x
Estimation2 761 633 €
1 925 594€ - 9 479 016€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 50 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 (Intermédiaires spécialisés dans le commerce d'autres produits spécifiques)
Compare TTI FRANCE with other companies in the same sector:
Yes, TTI FRANCE generated a net profit of 1.7 M€ in 2024.
Where is the headquarters of TTI FRANCE ?
The headquarters of TTI FRANCE is located in BRIVE-LA-GAILLARDE (19100), in the department Correze.
Where to find the tax return of TTI FRANCE ?
The tax return of TTI 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).
In which sector does TTI FRANCE operate?
TTI FRANCE operates in the sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques (NAF code 46.18Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
Rotate your phone to landscape mode to view the chart