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MUNIC (ALMUN.PA) Stock Fundamental Analysis

Europe - EPA:ALMUN - FR0013462231 - Common Stock

0.764 EUR
+0 (+0.53%)
Last: 11/17/2025, 7:00:00 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to ALMUN. ALMUN was compared to 29 industry peers in the Communications Equipment industry. ALMUN has a bad profitability rating. Also its financial health evaluation is rather negative. ALMUN is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

ALMUN had negative earnings in the past year.
ALMUN had a positive operating cash flow in the past year.
In the past 5 years ALMUN reported 4 times negative net income.
In multiple years ALMUN reported negative operating cash flow during the last 5 years.
ALMUN.PA Yearly Net Income VS EBIT VS OCF VS FCFALMUN.PA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 0 2M -2M -4M -6M

1.2 Ratios

ALMUN has a Return On Assets of -6.82%. This is in the lower half of the industry: ALMUN underperforms 62.07% of its industry peers.
With a Return On Equity value of -13.86%, ALMUN is not doing good in the industry: 62.07% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA -6.82%
ROE -13.86%
ROIC N/A
ROA(3y)-2.63%
ROA(5y)-8.15%
ROE(3y)-5.44%
ROE(5y)-448.31%
ROIC(3y)N/A
ROIC(5y)N/A
ALMUN.PA Yearly ROA, ROE, ROICALMUN.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 0 -500 -1K -1.5K -2K

1.3 Margins

The Gross Margin of ALMUN (61.40%) is better than 72.41% of its industry peers.
ALMUN's Gross Margin has improved in the last couple of years.
The Profit Margin and Operating Margin are not available for ALMUN so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 61.4%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.95%
GM growth 5Y9.57%
ALMUN.PA Yearly Profit, Operating, Gross MarginsALMUN.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 0 20 -20 40 -40 -60

3

2. Health

2.1 Basic Checks

ALMUN does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, ALMUN has about the same amount of shares outstanding.
Compared to 5 years ago, ALMUN has more shares outstanding
ALMUN has a better debt/assets ratio than last year.
ALMUN.PA Yearly Shares OutstandingALMUN.PA Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2M 4M 6M 8M
ALMUN.PA Yearly Total Debt VS Total AssetsALMUN.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M 20M 25M

2.2 Solvency

ALMUN has an Altman-Z score of 0.15. This is a bad value and indicates that ALMUN is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of ALMUN (0.15) is worse than 72.41% of its industry peers.
ALMUN has a debt to FCF ratio of 1.86. This is a very positive value and a sign of high solvency as it would only need 1.86 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 1.86, ALMUN is doing good in the industry, outperforming 75.86% of the companies in the same industry.
ALMUN has a Debt/Equity ratio of 0.41. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.41, ALMUN is in line with its industry, outperforming 48.28% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF 1.86
Altman-Z 0.15
ROIC/WACCN/A
WACC6.3%
ALMUN.PA Yearly LT Debt VS Equity VS FCFALMUN.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 0 5M -5M 10M

2.3 Liquidity

ALMUN has a Current Ratio of 1.25. This is a normal value and indicates that ALMUN is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of ALMUN (1.25) is worse than 65.52% of its industry peers.
ALMUN has a Quick Ratio of 1.25. This is a bad value and indicates that ALMUN is not financially healthy enough and could expect problems in meeting its short term obligations.
ALMUN has a Quick ratio of 0.88. This is in the lower half of the industry: ALMUN underperforms 75.86% of its industry peers.
Industry RankSector Rank
Current Ratio 1.25
Quick Ratio 0.88
ALMUN.PA Yearly Current Assets VS Current LiabilitesALMUN.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 5M 10M 15M

4

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 20.31% over the past year.
Looking at the last year, ALMUN shows a very negative growth in Revenue. The Revenue has decreased by -31.48% in the last year.
The Revenue has been decreasing by -0.61% on average over the past years.
EPS 1Y (TTM)20.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%14.74%
Revenue 1Y (TTM)-31.48%
Revenue growth 3Y25.13%
Revenue growth 5Y-0.61%
Sales Q2Q%-29.55%

3.2 Future

Based on estimates for the next years, ALMUN will show a very strong growth in Earnings Per Share. The EPS will grow by 58.11% on average per year.
The Revenue is expected to grow by 21.72% on average over the next years. This is a very strong growth
EPS Next Y150%
EPS Next 2Y58.11%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year50%
Revenue Next 2Y21.72%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
ALMUN.PA Yearly Revenue VS EstimatesALMUN.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M 20M 25M
ALMUN.PA Yearly EPS VS EstimatesALMUN.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2023 2024 2025 0 -0.2 -0.4 -0.6

4

4. Valuation

4.1 Price/Earnings Ratio

ALMUN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 74.17, which means the current valuation is very expensive for ALMUN.
Based on the Price/Forward Earnings ratio, ALMUN is valued a bit more expensive than the industry average as 72.41% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.62, ALMUN is valued quite expensively.
Industry RankSector Rank
PE N/A
Fwd PE 74.17
ALMUN.PA Price Earnings VS Forward Price EarningsALMUN.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60

4.2 Price Multiples

ALMUN's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. ALMUN is cheaper than 79.31% of the companies in the same industry.
93.10% of the companies in the same industry are more expensive than ALMUN, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 2.51
EV/EBITDA 9.78
ALMUN.PA Per share dataALMUN.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
ALMUN's earnings are expected to grow with 58.11% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y58.11%
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

ALMUN does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

MUNIC

EPA:ALMUN (11/17/2025, 7:00:00 PM)

0.764

+0 (+0.53%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)10-02 2025-10-02
Earnings (Next)01-28 2026-01-28
Inst Owners1.69%
Inst Owner ChangeN/A
Ins Owners26.88%
Ins Owner ChangeN/A
Market Cap7.01M
Revenue(TTM)12.89M
Net Income(TTM)-1.50M
Analysts86.67
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 74.17
P/S 0.54
P/FCF 2.51
P/OCF 1.32
P/B 0.65
P/tB N/A
EV/EBITDA 9.78
EPS(TTM)-0.17
EYN/A
EPS(NY)0.01
Fwd EY1.35%
FCF(TTM)0.3
FCFY39.85%
OCF(TTM)0.58
OCFY75.58%
SpS1.4
BVpS1.18
TBVpS-0.11
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -6.82%
ROE -13.86%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 61.4%
FCFM 21.68%
ROA(3y)-2.63%
ROA(5y)-8.15%
ROE(3y)-5.44%
ROE(5y)-448.31%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.95%
GM growth 5Y9.57%
F-Score5
Asset Turnover0.59
Health
Industry RankSector Rank
Debt/Equity 0.41
Debt/FCF 1.86
Debt/EBITDA 5.66
Cap/Depr 97.43%
Cap/Sales 19.44%
Interest Coverage N/A
Cash Conversion 678.26%
Profit Quality N/A
Current Ratio 1.25
Quick Ratio 0.88
Altman-Z 0.15
F-Score5
WACC6.3%
ROIC/WACCN/A
Cap/Depr(3y)373.79%
Cap/Depr(5y)531.76%
Cap/Sales(3y)17.82%
Cap/Sales(5y)20.36%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)20.31%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%14.74%
EPS Next Y150%
EPS Next 2Y58.11%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-31.48%
Revenue growth 3Y25.13%
Revenue growth 5Y-0.61%
Sales Q2Q%-29.55%
Revenue Next Year50%
Revenue Next 2Y21.72%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y36.56%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year2300%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y149.97%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y367.24%
OCF growth 3YN/A
OCF growth 5Y-13%

MUNIC / ALMUN.PA FAQ

What is the ChartMill fundamental rating of MUNIC (ALMUN.PA) stock?

ChartMill assigns a fundamental rating of 3 / 10 to ALMUN.PA.


Can you provide the valuation status for MUNIC?

ChartMill assigns a valuation rating of 4 / 10 to MUNIC (ALMUN.PA). This can be considered as Fairly Valued.


What is the profitability of ALMUN stock?

MUNIC (ALMUN.PA) has a profitability rating of 2 / 10.


Can you provide the expected EPS growth for ALMUN stock?

The Earnings per Share (EPS) of MUNIC (ALMUN.PA) is expected to grow by 150% in the next year.