MUNIC (ALMUN.PA) Stock Fundamental Analysis

Europe Euronext Paris EPA:ALMUN • FR0013462231

0.62 EUR
0 (-0.64%)
Last: Feb 9, 2026, 07:00 PM
Fundamental Rating

2

Overall ALMUN gets a fundamental rating of 2 out of 10. We evaluated ALMUN against 30 industry peers in the Communications Equipment industry. ALMUN may be in some trouble as it scores bad on both profitability and health. ALMUN has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • In the past year ALMUN was profitable.
  • ALMUN had a positive operating cash flow in the past year.
  • In the past 5 years ALMUN reported 4 times negative net income.
  • The reported operating cash flow has been mixed in the past 5 years: ALMUN reported negative operating cash flow in multiple 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 2024 0 2M -2M 4M -4M -6M

1.2 Ratios

  • ALMUN has a Return On Assets (1.17%) which is comparable to the rest of the industry.
  • ALMUN has a Return On Equity (2.09%) which is in line with its industry peers.
Industry RankSector Rank
ROA 1.17%
ROE 2.09%
ROIC N/A
ROA(3y)-4.15%
ROA(5y)-8.43%
ROE(3y)-8.02%
ROE(5y)-15.47%
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 2024 0 -500 -1K -1.5K -2K

1.3 Margins

  • With a Profit Margin value of 1.92%, ALMUN perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
  • ALMUN has a Gross Margin of 57.36%. This is in the better half of the industry: ALMUN outperforms 73.33% of its industry peers.
  • ALMUN's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM N/A
PM (TTM) 1.92%
GM 57.36%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y20.98%
GM growth 5Y9.71%
ALMUN.PA Yearly Profit, Operating, Gross MarginsALMUN.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 50 -50

3

2. Health

2.1 Basic Checks

  • ALMUN does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • ALMUN has more shares outstanding than it did 1 year ago.
  • The number of shares outstanding for ALMUN has been increased compared to 5 years ago.
  • Compared to 1 year ago, ALMUN has an improved debt to assets ratio.
ALMUN.PA Yearly Shares OutstandingALMUN.PA Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 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 2024 5M 10M 15M 20M 25M

2.2 Solvency

  • Based on the Altman-Z score of 0.25, we must say that ALMUN is in the distress zone and has some risk of bankruptcy.
  • ALMUN has a worse Altman-Z score (0.25) than 73.33% of its industry peers.
  • ALMUN has a debt to FCF ratio of 2.12. This is a good value and a sign of high solvency as ALMUN would need 2.12 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 2.12, ALMUN is doing good in the industry, outperforming 73.33% of the companies in the same industry.
  • A Debt/Equity ratio of 0.32 indicates that ALMUN is not too dependend on debt financing.
  • ALMUN has a Debt to Equity ratio (0.32) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 2.12
Altman-Z 0.25
ROIC/WACCN/A
WACC7.59%
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 2024 0 5M -5M 10M

2.3 Liquidity

  • ALMUN has a Current Ratio of 1.27. This is a normal value and indicates that ALMUN is financially healthy and should not expect problems in meeting its short term obligations.
  • ALMUN's Current ratio of 1.27 is on the low side compared to the rest of the industry. ALMUN is outperformed by 76.67% of its industry peers.
  • A Quick Ratio of 0.92 indicates that ALMUN may have some problems paying its short term obligations.
  • ALMUN's Quick ratio of 0.92 is on the low side compared to the rest of the industry. ALMUN is outperformed by 76.67% of its industry peers.
Industry RankSector Rank
Current Ratio 1.27
Quick Ratio 0.92
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 2024 5M 10M 15M

1

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 114.65% over the past year.
  • ALMUN shows a decrease in Revenue. In the last year, the revenue decreased by -6.26%.
  • The Revenue for ALMUN have been decreasing by -11.20% on average. This is quite bad
EPS 1Y (TTM)114.65%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%80.06%
Revenue 1Y (TTM)-6.26%
Revenue growth 3Y-21%
Revenue growth 5Y-11.2%
Sales Q2Q%58.17%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y0%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-1.23%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
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

3

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 31.00, which means the current valuation is very expensive for ALMUN.
  • Based on the Price/Earnings ratio, ALMUN is valued a bit cheaper than the industry average as 73.33% of the companies are valued more expensively.
  • ALMUN's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.06.
  • The Price/Forward Earnings ratio is 60.19, 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 63.33% of the companies in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.86, ALMUN is valued quite expensively.
Industry RankSector Rank
PE 31
Fwd PE 60.19
ALMUN.PA Price Earnings VS Forward Price EarningsALMUN.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • ALMUN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ALMUN is cheaper than 96.67% of the companies in the same industry.
  • 96.67% 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 2.81
EV/EBITDA 5.22
ALMUN.PA Per share dataALMUN.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 0.4 0.6 0.8 1

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

  • No dividends for ALMUN!.
Industry RankSector Rank
Dividend Yield 0%

MUNIC

EPA:ALMUN (2/9/2026, 7:00:00 PM)

0.62

0 (-0.64%)

Chartmill FA Rating
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryCommunications Equipment
Earnings (Last)01-28
Earnings (Next)N/A
Inst Owners1.17%
Inst Owner ChangeN/A
Ins Owners26.28%
Ins Owner ChangeN/A
Market Cap5.69M
Revenue(TTM)12.08M
Net Income(TTM)231.40K
Analysts86.67
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
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 31
Fwd PE 60.19
P/S 0.47
P/FCF 2.81
P/OCF 1.39
P/B 0.52
P/tB N/A
EV/EBITDA 5.22
EPS(TTM)0.02
EY3.23%
EPS(NY)0.01
Fwd EY1.66%
FCF(TTM)0.22
FCFY35.65%
OCF(TTM)0.45
OCFY72.13%
SpS1.32
BVpS1.2
TBVpS-0.04
PEG (NY)N/A
PEG (5Y)N/A
Graham Number0.74
Profitability
Industry RankSector Rank
ROA 1.17%
ROE 2.09%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 1.92%
GM 57.36%
FCFM 16.79%
ROA(3y)-4.15%
ROA(5y)-8.43%
ROE(3y)-8.02%
ROE(5y)-15.47%
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 3Y20.98%
GM growth 5Y9.71%
F-Score7
Asset Turnover0.61
Health
Industry RankSector Rank
Debt/Equity 0.32
Debt/FCF 2.12
Debt/EBITDA 2.27
Cap/Depr 84.19%
Cap/Sales 17.19%
Interest Coverage N/A
Cash Conversion 260.52%
Profit Quality 876.75%
Current Ratio 1.27
Quick Ratio 0.92
Altman-Z 0.25
F-Score7
WACC7.59%
ROIC/WACCN/A
Cap/Depr(3y)133.14%
Cap/Depr(5y)359.88%
Cap/Sales(3y)19.68%
Cap/Sales(5y)22.08%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)114.65%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%80.06%
EPS Next Y0%
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-6.26%
Revenue growth 3Y-21%
Revenue growth 5Y-11.2%
Sales Q2Q%58.17%
Revenue Next Year-1.23%
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y50.27%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year665.05%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y145.92%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y481.68%
OCF growth 3YN/A
OCF growth 5Y65.3%

MUNIC / ALMUN.PA FAQ

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

ChartMill assigns a fundamental rating of 2 / 10 to ALMUN.PA.


What is the valuation status for ALMUN stock?

ChartMill assigns a valuation rating of 3 / 10 to MUNIC (ALMUN.PA). This can be considered as Overvalued.


What is the profitability of ALMUN stock?

MUNIC (ALMUN.PA) has a profitability rating of 3 / 10.


What is the valuation of MUNIC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for MUNIC (ALMUN.PA) is 31 and the Price/Book (PB) ratio is 0.52.


What is the financial health of MUNIC (ALMUN.PA) stock?

The financial health rating of MUNIC (ALMUN.PA) is 3 / 10.