View Past PerformanceMunic バランスシートの健全性財務の健全性 基準チェック /66Municの総株主資本は€11.2M 、総負債は€3.6Mで、負債比率は32%となります。総資産と総負債はそれぞれ€18.3Mと€7.1Mです。主要情報32.02%負債資本比率€3.59m負債インタレスト・カバレッジ・レシオn/a現金€690.69kエクイティ€11.21m負債合計€7.13m総資産€18.34m財務の健全性に関する最新情報分析記事 • Dec 10We Think Munic (EPA:ALMUN) Has A Fair Chunk Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • May 09Is Munic (EPA:ALMUN) Weighed On By Its Debt Load?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Nov 25Is Munic (EPA:ALMUN) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Dec 07Munic (EPA:ALMUN) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Dec 11Is Munic (EPA:ALMUN) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...すべての更新を表示Recent updatesBuy Or Sell Opportunity • Jan 29Now 45% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.9% to €0.70. The fair value is estimated to be €1.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company has become profitable.New Risk • Jan 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of French stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Market cap is less than US$10m (€6.30m market cap, or US$7.52m). Minor Risk Large one-off items impacting financial results.分析記事 • Jan 16Munic S.A. (EPA:ALMUN) Stock Rockets 27% As Investors Are Less Pessimistic Than ExpectedMunic S.A. ( EPA:ALMUN ) shareholders have had their patience rewarded with a 27% share price jump in the last month...Major Estimate Revision • Oct 03Consensus EPS estimates upgraded to €0.0079 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -€0.01 to -€0.0079 per share. Revenue forecast unchanged from €11.7m at last update. Communications industry in France expected to see average net income growth of 56% next year. Consensus price target of €0.70 unchanged from last update. Share price rose 2.0% to €0.91 over the past week.分析記事 • Sep 13Munic S.A. (EPA:ALMUN) May Have Run Too Fast Too Soon With Recent 32% Price PlummetMunic S.A. ( EPA:ALMUN ) shares have retraced a considerable 32% in the last month, reversing a fair amount of their...分析記事 • Jun 25Munic S.A.'s (EPA:ALMUN) 38% Price Boost Is Out Of Tune With RevenuesDespite an already strong run, Munic S.A. ( EPA:ALMUN ) shares have been powering on, with a gain of 38% in the last...Major Estimate Revision • Jun 06Consensus EPS estimates fall by 26%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -€0.0079 to -€0.01 per share. Revenue forecast of €11.7m unchanged since last update. Communications industry in France expected to see average net income growth of 52% next year. Consensus price target of €0.70 unchanged from last update. Share price rose 12% to €0.57 over the past week.お知らせ • May 24Munic S.A., Annual General Meeting, Jun 30, 2025Munic S.A., Annual General Meeting, Jun 30, 2025. Location: 39 avenue de paris, villejuif France分析記事 • Apr 26Market Might Still Lack Some Conviction On Munic S.A. (EPA:ALMUN) Even After 29% Share Price BoostThose holding Munic S.A. ( EPA:ALMUN ) shares would be relieved that the share price has rebounded 29% in the last...Reported Earnings • Apr 04Full year 2024 earnings releasedFull year 2024 results: Revenue: €9.50m (down 45% from FY 2023). Net loss: €1.12m (loss narrowed 38% from FY 2023).New Risk • Apr 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of French stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Market cap is less than US$10m (€4.44m market cap, or US$4.79m). Minor Risk Currently unprofitable and not forecast to become profitable next year (€83k net loss next year).分析記事 • Feb 22Some Munic S.A. (EPA:ALMUN) Shareholders Look For Exit As Shares Take 27% PoundingMunic S.A. ( EPA:ALMUN ) shareholders that were waiting for something to happen have been dealt a blow with a 27% share...New Risk • Feb 04New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: €1.5m Forecast net loss in 1 year: €83k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (€4.87m market cap, or US$5.03m). Minor Risk Currently unprofitable and not forecast to become profitable next year (€83k net loss next year).分析記事 • Dec 28Munic S.A. (EPA:ALMUN) Might Not Be As Mispriced As It Looks After Plunging 26%Munic S.A. ( EPA:ALMUN ) shares have retraced a considerable 26% in the last month, reversing a fair amount of their...分析記事 • Dec 10We Think Munic (EPA:ALMUN) Has A Fair Chunk Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Oct 18Munic S.A.'s (EPA:ALMUN) Shares Leap 57% Yet They're Still Not Telling The Full StoryMunic S.A. ( EPA:ALMUN ) shares have had a really impressive month, gaining 57% after a shaky period beforehand. Not...Major Estimate Revision • Sep 29Consensus forecasts updatedThe consensus outlook for fiscal year 2024 has been updated. Communications industry in France expected to see average net income growth of 33% next year. Consensus price target of €1.30 unchanged from last update. Share price rose 2.8% to €0.44 over the past week.分析記事 • Aug 30Investors Aren't Entirely Convinced By Munic S.A.'s (EPA:ALMUN) RevenuesIt's not a stretch to say that Munic S.A.'s ( EPA:ALMUN ) price-to-sales (or "P/S") ratio of 0.2x right now seems quite...New Risk • Jul 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€1.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€1.7m free cash flow). Share price has been highly volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$10m (€4.46m market cap, or US$4.77m).New Risk • Jun 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 9.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (€4.99m market cap, or US$5.44m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€1.7m). Share price has been volatile over the past 3 months (9.2% average weekly change).お知らせ • May 20Munic S.A., Annual General Meeting, Jun 24, 2024Munic S.A., Annual General Meeting, Jun 24, 2024. Location: 39 avenue de paris, villejuif France分析記事 • May 09Is Munic (EPA:ALMUN) Weighed On By Its Debt Load?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Feb 20More Unpleasant Surprises Could Be In Store For Munic S.A.'s (EPA:ALMUN) Shares After Tumbling 26%Unfortunately for some shareholders, the Munic S.A. ( EPA:ALMUN ) share price has dived 26% in the last thirty days...分析記事 • Dec 18Munic S.A.'s (EPA:ALMUN) Popularity With Investors Under Threat As Stock Sinks 27%To the annoyance of some shareholders, Munic S.A. ( EPA:ALMUN ) shares are down a considerable 27% in the last month...分析記事 • Nov 25Is Munic (EPA:ALMUN) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • Oct 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.97m (US$9.42m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (€8.97m market cap, or US$9.42m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€4.4m). Currently unprofitable and not forecast to become profitable next year (€51k net loss next year). Shareholders have been diluted in the past year (14% increase in shares outstanding).New Risk • Oct 10New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€4.4m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€4.4m). Currently unprofitable and not forecast to become profitable next year (€51k net loss next year). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (€11.3m market cap, or US$11.9m).分析記事 • Sep 20Munic S.A.'s (EPA:ALMUN) Popularity With Investors Is Under Threat From OverpricingThere wouldn't be many who think Munic S.A.'s ( EPA:ALMUN ) price-to-sales (or "P/S") ratio of 0.7x is worth a mention...New Risk • Aug 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (€20.7m market cap, or US$22.7m).Major Estimate Revision • May 11Consensus revenue estimates decrease by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €27.0m to €22.5m. EPS estimate unchanged at €0.019 per share. Net income forecast to grow 517% next year vs 1.2% growth forecast for Communications industry in France. Consensus price target down from €4.50 to €4.00. Share price was steady at €2.91 over the past week.Price Target Changed • May 10Price target decreased by 15% to €4.00Down from €4.70, the current price target is provided by 1 analyst. New target price is 37% above last closing price of €2.91. Stock is down 4.6% over the past year.Reported Earnings • Mar 31Full year 2022 earnings releasedFull year 2022 results: Revenue: €21.6m (down 4.1% from FY 2021). Net income: €15.0k (up €244.4k from FY 2021). Profit margin: 0.1% (up from net loss in FY 2021). Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Communications industry in France.Price Target Changed • Mar 06Price target decreased by 10.0% to €4.50Down from €5.00, the current price target is provided by 1 analyst. New target price is 42% above last closing price of €3.16. Stock is up 22% over the past year. The company is forecast to post a net loss per share of €0.055 next year compared to a net loss per share of €0.029 last year.分析記事 • Feb 02Munic (EPA:ALMUN) Might Have The Makings Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €2.99, the stock trades at a forward P/E ratio of 96x. Average forward P/E is 21x in the Communications industry in Europe. Total loss to shareholders of 6.6% over the past year.分析記事 • Dec 07Munic (EPA:ALMUN) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 19% share price gain to €3.87, the stock trades at a forward P/E ratio of 125x. Average forward P/E is 18x in the Communications industry in Europe. Total returns to shareholders of 45% over the past year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Francois Goubard was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.分析記事 • Oct 06Munic (EPA:ALMUN) Posted Healthy Earnings But There Are Some Other Factors To Be Aware OfMunic S.A. ( EPA:ALMUN ) announced strong profits, but the stock was stagnant. We did some digging, and we found some...Reported Earnings • Oct 03First half 2022 earnings released: EPS: €0 (vs €0.19 loss in 1H 2021)First half 2022 results: EPS: €0 (improved from €0.19 loss in 1H 2021). Revenue: €10.7m (up 65% from 1H 2021). Net loss: €88.6k (loss narrowed 94% from 1H 2021). Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Communications industry in France.Major Estimate Revision • Sep 29Consensus revenue estimates fall by 17%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from €26.0m to €21.5m. Forecast losses increased from -€0.01 to -€0.05 per share. Communications industry in France expected to see average net income growth of 23% next year. Consensus price target down from €5.00 to €4.70. Share price was steady at €2.82 over the past week.Major Estimate Revision • Jul 28Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €34.1m to €26.0m. EPS estimate increased from -€0.40 to -€0.01 per share. Communications industry in France expected to see average net income growth of 7.5% next year. Consensus price target down from €6.00 to €5.00. Share price rose 25% to €3.30 over the past week.Price Target Changed • Apr 27Price target decreased to €6.00Down from €6.95, the current price target is provided by 1 analyst. New target price is 103% above last closing price of €2.95. Stock is down 32% over the past year.Board Change • Apr 27Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Chairman of the Board & CEO Aaron Solomon is the most experienced director on the board, commencing their role in 2007. Independent Director Francois Goubard was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Reported Earnings • Apr 06Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: €19.3m (up 100% from FY 2020). Net loss: €229.0k (loss narrowed 96% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 77%, compared to a 17% growth forecast for the industry in France.Breakeven Date Change • Jan 26No longer forecast to breakevenThe analyst covering Munic no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of €1.38m in 2023. New forecast suggests the company will make a loss of €1.52m in 2023.分析記事 • Dec 11Is Munic (EPA:ALMUN) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Price Target Changed • Apr 21Price target decreased to €6.45Down from €6.95, the current price target is provided by 1 analyst. New target price is 59% above last closing price of €4.06. Stock is down 23% over the past year.分析記事 • Apr 11Munic S.A. (EPA:ALMUN): When Will It Breakeven?Munic S.A. ( EPA:ALMUN ) is possibly approaching a major achievement in its business, so we would like to shine some...Is New 90 Day High Low • Dec 02New 90-day high: €4.75The company is up 12% from its price of €4.26 on 03 September 2020. The French market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €57.89 per share.Is New 90 Day High Low • Nov 03New 90-day low: €2.00The company is down 55% from its price of €4.40 on 04 August 2020. The French market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €56.24 per share.Is New 90 Day High Low • Oct 16New 90-day low: €2.97The company is down 37% from its price of €4.70 on 17 July 2020. The French market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €57.30 per share.Reported Earnings • Oct 06First half earnings releasedOver the last 12 months the company has reported total losses of €2.84m, with losses widening by 93% from the prior year. Total revenue was €18.7m over the last 12 months, up 7.1% from the prior year.Is New 90 Day High Low • Sep 25New 90-day low: €4.06The company is down 20% from its price of €5.10 on 26 June 2020. The French market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 19% over the same period.財務状況分析短期負債: ALMUNの 短期資産 ( €6.3M ) が 短期負債 ( €3.6M ) を超えています。長期負債: ALMUNの短期資産 ( €6.3M ) が 長期負債 ( €3.5M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: ALMUNの 純負債対資本比率 ( 25.9% ) は 満足できる 水準であると考えられます。負債の削減: ALMUNの負債対資本比率は、過去 5 年間で35.5%から32%に減少しました。貸借対照表キャッシュ・ランウェイ分析過去に平均して赤字であった企業については、少なくとも1年間のキャッシュ・ランウェイがあるかどうかを評価する。安定したキャッシュランウェイ: 利益は出ていないものの、 ALMUNは現在のプラスの フリーキャッシュフロー レベルを維持すれば、3 年以上は十分な キャッシュランウェイ を有しています。キャッシュランウェイの予測: ALMUNは利益は出ていませんが、フリーキャッシュフローがプラスであり、年間38.9 % 増加しているため、3 年以上は十分なキャッシュランウェイがあります。健全な企業の発掘7D1Y7D1Y7D1YTech 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 01:33終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Munic S.A. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Sandrine CauvinGilbert Dupont
分析記事 • Dec 10We Think Munic (EPA:ALMUN) Has A Fair Chunk Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • May 09Is Munic (EPA:ALMUN) Weighed On By Its Debt Load?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Nov 25Is Munic (EPA:ALMUN) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Dec 07Munic (EPA:ALMUN) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Dec 11Is Munic (EPA:ALMUN) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Buy Or Sell Opportunity • Jan 29Now 45% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.9% to €0.70. The fair value is estimated to be €1.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Meanwhile, the company has become profitable.
New Risk • Jan 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of French stocks, typically moving 14% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Market cap is less than US$10m (€6.30m market cap, or US$7.52m). Minor Risk Large one-off items impacting financial results.
分析記事 • Jan 16Munic S.A. (EPA:ALMUN) Stock Rockets 27% As Investors Are Less Pessimistic Than ExpectedMunic S.A. ( EPA:ALMUN ) shareholders have had their patience rewarded with a 27% share price jump in the last month...
Major Estimate Revision • Oct 03Consensus EPS estimates upgraded to €0.0079 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -€0.01 to -€0.0079 per share. Revenue forecast unchanged from €11.7m at last update. Communications industry in France expected to see average net income growth of 56% next year. Consensus price target of €0.70 unchanged from last update. Share price rose 2.0% to €0.91 over the past week.
分析記事 • Sep 13Munic S.A. (EPA:ALMUN) May Have Run Too Fast Too Soon With Recent 32% Price PlummetMunic S.A. ( EPA:ALMUN ) shares have retraced a considerable 32% in the last month, reversing a fair amount of their...
分析記事 • Jun 25Munic S.A.'s (EPA:ALMUN) 38% Price Boost Is Out Of Tune With RevenuesDespite an already strong run, Munic S.A. ( EPA:ALMUN ) shares have been powering on, with a gain of 38% in the last...
Major Estimate Revision • Jun 06Consensus EPS estimates fall by 26%The consensus outlook for fiscal year 2025 has been updated. 2025 expected loss increased from -€0.0079 to -€0.01 per share. Revenue forecast of €11.7m unchanged since last update. Communications industry in France expected to see average net income growth of 52% next year. Consensus price target of €0.70 unchanged from last update. Share price rose 12% to €0.57 over the past week.
お知らせ • May 24Munic S.A., Annual General Meeting, Jun 30, 2025Munic S.A., Annual General Meeting, Jun 30, 2025. Location: 39 avenue de paris, villejuif France
分析記事 • Apr 26Market Might Still Lack Some Conviction On Munic S.A. (EPA:ALMUN) Even After 29% Share Price BoostThose holding Munic S.A. ( EPA:ALMUN ) shares would be relieved that the share price has rebounded 29% in the last...
Reported Earnings • Apr 04Full year 2024 earnings releasedFull year 2024 results: Revenue: €9.50m (down 45% from FY 2023). Net loss: €1.12m (loss narrowed 38% from FY 2023).
New Risk • Apr 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of French stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Market cap is less than US$10m (€4.44m market cap, or US$4.79m). Minor Risk Currently unprofitable and not forecast to become profitable next year (€83k net loss next year).
分析記事 • Feb 22Some Munic S.A. (EPA:ALMUN) Shareholders Look For Exit As Shares Take 27% PoundingMunic S.A. ( EPA:ALMUN ) shareholders that were waiting for something to happen have been dealt a blow with a 27% share...
New Risk • Feb 04New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: €1.5m Forecast net loss in 1 year: €83k This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (€4.87m market cap, or US$5.03m). Minor Risk Currently unprofitable and not forecast to become profitable next year (€83k net loss next year).
分析記事 • Dec 28Munic S.A. (EPA:ALMUN) Might Not Be As Mispriced As It Looks After Plunging 26%Munic S.A. ( EPA:ALMUN ) shares have retraced a considerable 26% in the last month, reversing a fair amount of their...
分析記事 • Dec 10We Think Munic (EPA:ALMUN) Has A Fair Chunk Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Oct 18Munic S.A.'s (EPA:ALMUN) Shares Leap 57% Yet They're Still Not Telling The Full StoryMunic S.A. ( EPA:ALMUN ) shares have had a really impressive month, gaining 57% after a shaky period beforehand. Not...
Major Estimate Revision • Sep 29Consensus forecasts updatedThe consensus outlook for fiscal year 2024 has been updated. Communications industry in France expected to see average net income growth of 33% next year. Consensus price target of €1.30 unchanged from last update. Share price rose 2.8% to €0.44 over the past week.
分析記事 • Aug 30Investors Aren't Entirely Convinced By Munic S.A.'s (EPA:ALMUN) RevenuesIt's not a stretch to say that Munic S.A.'s ( EPA:ALMUN ) price-to-sales (or "P/S") ratio of 0.2x right now seems quite...
New Risk • Jul 01New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -€1.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€1.7m free cash flow). Share price has been highly volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$10m (€4.46m market cap, or US$4.77m).
New Risk • Jun 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 9.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (€4.99m market cap, or US$5.44m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€1.7m). Share price has been volatile over the past 3 months (9.2% average weekly change).
お知らせ • May 20Munic S.A., Annual General Meeting, Jun 24, 2024Munic S.A., Annual General Meeting, Jun 24, 2024. Location: 39 avenue de paris, villejuif France
分析記事 • May 09Is Munic (EPA:ALMUN) Weighed On By Its Debt Load?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Feb 20More Unpleasant Surprises Could Be In Store For Munic S.A.'s (EPA:ALMUN) Shares After Tumbling 26%Unfortunately for some shareholders, the Munic S.A. ( EPA:ALMUN ) share price has dived 26% in the last thirty days...
分析記事 • Dec 18Munic S.A.'s (EPA:ALMUN) Popularity With Investors Under Threat As Stock Sinks 27%To the annoyance of some shareholders, Munic S.A. ( EPA:ALMUN ) shares are down a considerable 27% in the last month...
分析記事 • Nov 25Is Munic (EPA:ALMUN) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • Oct 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.97m (US$9.42m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (€8.97m market cap, or US$9.42m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€4.4m). Currently unprofitable and not forecast to become profitable next year (€51k net loss next year). Shareholders have been diluted in the past year (14% increase in shares outstanding).
New Risk • Oct 10New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€4.4m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-€4.4m). Currently unprofitable and not forecast to become profitable next year (€51k net loss next year). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (€11.3m market cap, or US$11.9m).
分析記事 • Sep 20Munic S.A.'s (EPA:ALMUN) Popularity With Investors Is Under Threat From OverpricingThere wouldn't be many who think Munic S.A.'s ( EPA:ALMUN ) price-to-sales (or "P/S") ratio of 0.7x is worth a mention...
New Risk • Aug 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of French stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Shareholders have been diluted in the past year (14% increase in shares outstanding). Market cap is less than US$100m (€20.7m market cap, or US$22.7m).
Major Estimate Revision • May 11Consensus revenue estimates decrease by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from €27.0m to €22.5m. EPS estimate unchanged at €0.019 per share. Net income forecast to grow 517% next year vs 1.2% growth forecast for Communications industry in France. Consensus price target down from €4.50 to €4.00. Share price was steady at €2.91 over the past week.
Price Target Changed • May 10Price target decreased by 15% to €4.00Down from €4.70, the current price target is provided by 1 analyst. New target price is 37% above last closing price of €2.91. Stock is down 4.6% over the past year.
Reported Earnings • Mar 31Full year 2022 earnings releasedFull year 2022 results: Revenue: €21.6m (down 4.1% from FY 2021). Net income: €15.0k (up €244.4k from FY 2021). Profit margin: 0.1% (up from net loss in FY 2021). Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Communications industry in France.
Price Target Changed • Mar 06Price target decreased by 10.0% to €4.50Down from €5.00, the current price target is provided by 1 analyst. New target price is 42% above last closing price of €3.16. Stock is up 22% over the past year. The company is forecast to post a net loss per share of €0.055 next year compared to a net loss per share of €0.029 last year.
分析記事 • Feb 02Munic (EPA:ALMUN) Might Have The Makings Of A Multi-BaggerIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €2.99, the stock trades at a forward P/E ratio of 96x. Average forward P/E is 21x in the Communications industry in Europe. Total loss to shareholders of 6.6% over the past year.
分析記事 • Dec 07Munic (EPA:ALMUN) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 19% share price gain to €3.87, the stock trades at a forward P/E ratio of 125x. Average forward P/E is 18x in the Communications industry in Europe. Total returns to shareholders of 45% over the past year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Francois Goubard was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
分析記事 • Oct 06Munic (EPA:ALMUN) Posted Healthy Earnings But There Are Some Other Factors To Be Aware OfMunic S.A. ( EPA:ALMUN ) announced strong profits, but the stock was stagnant. We did some digging, and we found some...
Reported Earnings • Oct 03First half 2022 earnings released: EPS: €0 (vs €0.19 loss in 1H 2021)First half 2022 results: EPS: €0 (improved from €0.19 loss in 1H 2021). Revenue: €10.7m (up 65% from 1H 2021). Net loss: €88.6k (loss narrowed 94% from 1H 2021). Revenue is forecast to grow 41% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Communications industry in France.
Major Estimate Revision • Sep 29Consensus revenue estimates fall by 17%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from €26.0m to €21.5m. Forecast losses increased from -€0.01 to -€0.05 per share. Communications industry in France expected to see average net income growth of 23% next year. Consensus price target down from €5.00 to €4.70. Share price was steady at €2.82 over the past week.
Major Estimate Revision • Jul 28Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €34.1m to €26.0m. EPS estimate increased from -€0.40 to -€0.01 per share. Communications industry in France expected to see average net income growth of 7.5% next year. Consensus price target down from €6.00 to €5.00. Share price rose 25% to €3.30 over the past week.
Price Target Changed • Apr 27Price target decreased to €6.00Down from €6.95, the current price target is provided by 1 analyst. New target price is 103% above last closing price of €2.95. Stock is down 32% over the past year.
Board Change • Apr 27Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. 2 independent directors (3 non-independent directors). Chairman of the Board & CEO Aaron Solomon is the most experienced director on the board, commencing their role in 2007. Independent Director Francois Goubard was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Reported Earnings • Apr 06Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: €19.3m (up 100% from FY 2020). Net loss: €229.0k (loss narrowed 96% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 77%, compared to a 17% growth forecast for the industry in France.
Breakeven Date Change • Jan 26No longer forecast to breakevenThe analyst covering Munic no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of €1.38m in 2023. New forecast suggests the company will make a loss of €1.52m in 2023.
分析記事 • Dec 11Is Munic (EPA:ALMUN) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Price Target Changed • Apr 21Price target decreased to €6.45Down from €6.95, the current price target is provided by 1 analyst. New target price is 59% above last closing price of €4.06. Stock is down 23% over the past year.
分析記事 • Apr 11Munic S.A. (EPA:ALMUN): When Will It Breakeven?Munic S.A. ( EPA:ALMUN ) is possibly approaching a major achievement in its business, so we would like to shine some...
Is New 90 Day High Low • Dec 02New 90-day high: €4.75The company is up 12% from its price of €4.26 on 03 September 2020. The French market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €57.89 per share.
Is New 90 Day High Low • Nov 03New 90-day low: €2.00The company is down 55% from its price of €4.40 on 04 August 2020. The French market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €56.24 per share.
Is New 90 Day High Low • Oct 16New 90-day low: €2.97The company is down 37% from its price of €4.70 on 17 July 2020. The French market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €57.30 per share.
Reported Earnings • Oct 06First half earnings releasedOver the last 12 months the company has reported total losses of €2.84m, with losses widening by 93% from the prior year. Total revenue was €18.7m over the last 12 months, up 7.1% from the prior year.
Is New 90 Day High Low • Sep 25New 90-day low: €4.06The company is down 20% from its price of €5.10 on 26 June 2020. The French market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is up 19% over the same period.