Micropole S.A. operates as a consulting, engineering, and training company in France and internationally. More Details
Undervalued with excellent balance sheet.
Share Price & News
How has Micropole's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MUN is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MUN's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: MUN underperformed the French IT industry which returned 13.3% over the past year.
Return vs Market: MUN underperformed the French Market which returned -2.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Micropole's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs Micropole (EPA:MUN) A Risky Investment?
1 month ago | Simply Wall StHere's Why Micropole's (EPA:MUN) Statutory Earnings Are Arguably Too Conservative
2 months ago | Simply Wall StHere’s What’s Happening With Returns At Micropole (EPA:MUN)
Is Micropole undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MUN (€1.09) is trading below our estimate of fair value (€17.96)
Significantly Below Fair Value: MUN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MUN is good value based on its PE Ratio (13.9x) compared to the FR IT industry average (20x).
PE vs Market: MUN is good value based on its PE Ratio (13.9x) compared to the French market (20.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MUN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MUN is good value based on its PB Ratio (0.6x) compared to the FR IT industry average (1.9x).
How is Micropole forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Micropole has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Micropole is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Micropole competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has Micropole performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MUN has a large one-off loss of €1.2M impacting its June 30 2020 financial results.
Growing Profit Margin: MUN's current net profit margins (2%) are higher than last year (1.1%).
Past Earnings Growth Analysis
Earnings Trend: MUN has become profitable over the past 5 years, growing earnings by 49.4% per year.
Accelerating Growth: MUN's earnings growth over the past year (84.3%) exceeds its 5-year average (49.4% per year).
Earnings vs Industry: MUN earnings growth over the past year (84.3%) exceeded the IT industry -2.1%.
Return on Equity
High ROE: MUN's Return on Equity (4.4%) is considered low.
How is Micropole's financial position?
Financial Position Analysis
Short Term Liabilities: MUN's short term assets (€70.9M) exceed its short term liabilities (€62.1M).
Long Term Liabilities: MUN's short term assets (€70.9M) exceed its long term liabilities (€24.1M).
Debt to Equity History and Analysis
Debt Level: MUN's debt to equity ratio (45.6%) is considered high.
Reducing Debt: MUN's debt to equity ratio has reduced from 50.1% to 45.6% over the past 5 years.
Debt Coverage: MUN's debt is well covered by operating cash flow (88.4%).
Interest Coverage: MUN's interest payments on its debt are well covered by EBIT (10.6x coverage).
What is Micropole current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MUN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MUN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MUN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MUN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MUN's dividend in 3 years as they are not forecast to pay a notable one for the French market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Christian Poyau founded Micropole SA and serves as its Chairman and Chief Executive Officer. Mr. Poyau serves as Chief Executive Officer of Univers Informatique SA since 2002 and Micropole-Univers Cons...
CEO Compensation Analysis
Compensation vs Market: Christian's total compensation ($USD469.64K) is above average for companies of similar size in the French market ($USD276.45K).
Compensation vs Earnings: Christian's compensation has increased by more than 20% in the past year.
|Co-Founder||no data||€396.00k||12.17% |
|Co-Founder||no data||€396.00k||9.15% |
|Administrative & Financial Director||0.83yr||no data||no data|
|Human Resources Director||1.67yrs||no data||no data|
|Director of Regions France||8.75yrs||no data||no data|
|Managing Director of Belgium & Luxembourg||2.83yrs||no data||no data|
|Chief Executive Officer of China||2.83yrs||no data||no data|
|Innovation Director||4.83yrs||no data||no data|
Experienced Management: MUN's management team is considered experienced (2.8 years average tenure).
|Co-Founder||no data||€396.00k||12.17% |
|Co-Founder||no data||€396.00k||9.15% |
|Director||5.42yrs||no data||no data|
|Independent Director||no data||no data||no data|
|Director||3.83yrs||no data||no data|
|Independent Director||2.83yrs||no data||no data|
Experienced Board: MUN's board of directors are considered experienced (3.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Micropole S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Micropole S.A.
- Ticker: MUN
- Exchange: ENXTPA
- Founded: 1987
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: €30.317m
- Shares outstanding: 27.81m
- Website: https://www.micropole.com
- Micropole S.A.
- 91-95 rue Carnot
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MUN||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Sep 2000|
|0MV0||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Sep 2000|
|MUNP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Sep 2000|
|MP4||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Sep 2000|
Micropole S.A. operates as a consulting, engineering, and training company in France and internationally. It engages in the development and integration of decision-support, performance management, digital ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/22 21:18|
|End of Day Share Price||2020/11/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.