ENXTPA:MUN

Stock Analysis Report

Executive Summary

Micropole S.A. operates as a consulting, engineering, and training company in France and internationally.

Snowflake

Fundamentals

Mediocre balance sheet and overvalued.

Risks

  • Micropole is not covered by any analysts.

Share Price & News

How has Micropole's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.2%

MUN

1.1%

FR IT

0.1%

FR Market


1 Year Return

-5.5%

MUN

-5.6%

FR IT

2.1%

FR Market

MUN underperformed the IT industry which returned -4.4% over the past year.

MUN underperformed the Market in France which returned 2.7% over the past year.


Share holder returns

MUNIndustryMarket
7 Day1.2%1.1%0.1%
30 Day-0.4%-3.3%3.3%
90 Day1.2%2.3%2.0%
1 Year-5.5%-5.5%1.2%-5.6%5.6%2.1%
3 Year56.7%56.7%37.2%22.4%44.8%30.8%
5 Year105.6%104.0%134.5%103.6%61.8%37.9%

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

Valuation

Is Micropole undervalued based on future cash flows and its price relative to the stock market?

34.2x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Micropole to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Micropole to establish if it is available at substantial discount.


Price Based on Earnings

Micropole is overvalued based on earnings compared to the FR IT industry average.

Micropole is overvalued based on earnings compared to the France market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Micropole, we can't assess if its growth is good value.


Price Based on Value of Assets

Micropole is good value based on assets compared to the FR IT industry average.


Next Steps

Future Growth

How is Micropole expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.9%

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.


Next Steps

Past Performance

How has Micropole performed over the past 5 years?

-56.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Micropole's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Micropole has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Micropole has become profitable in the last year making it difficult to compare the FR IT industry average.


Return on Equity

Micropole has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Micropole used its assets less efficiently than the FR IT industry average last year based on Return on Assets.


Return on Capital Employed

Micropole has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Micropole's financial position?


Financial Position Analysis

Micropole is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Micropole's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Micropole's level of debt (49.2%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (36% vs 49.2% today).

Debt is not well covered by operating cash flow (9.6%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 11.6x coverage).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 2.7x debt.


Next Steps

Dividend

What is Micropole's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Micropole's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Micropole's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Micropole has not reported any payouts.

Unable to verify if Micropole's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Micropole has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Micropole's salary, the management and board of directors tenure and is there insider trading?

1.7yrs

Average management tenure


CEO

Christian Poyau 0

0yrs

Tenure

€831,000

Compensation

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

Christian's remuneration is higher than average for companies of similar size in France.

Christian's compensation has increased in line with Micropole recently becoming profitable.


Management Age and Tenure

1.7yrs

Average Tenure

The average tenure for the Micropole management team is less than 2 years, this suggests a new team.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Christian Poyau

    Co-Founder

    • Tenure: 0yrs
    • Compensation: €831.00k
  • Thierry Letoffe

    Co-Founder

    • Tenure: 0yrs
    • Compensation: €831.00k
  • Ping Lin

    CEO of China & Director

    • Tenure: 0yrs
  • Nathalie Saout

    Operations Director & Director

    • Tenure: 0yrs
  • Jean-Paul Goury

    Director of Regions France & Director

    • Tenure: 0yrs
  • Pascal Janin

    CEO of Switzerland & Director

    • Tenure: 0yrs
  • Yves Colinet

    MD of Belgium & Luxembourg and Director

    • Tenure: 0yrs
  • Charles Parat

    Innovation Director & Director

    • Tenure: 0yrs
  • Anne-Flore Gal

    Human Resources Director & Director

    • Tenure: 0.5yrs

Board Members

  • Christian Poyau

    Co-Founder

    • Tenure: 0yrs
    • Compensation: €831.00k
  • Thierry Letoffe

    Co-Founder

    • Tenure: 0yrs
    • Compensation: €831.00k
  • Ping Lin

    CEO of China & Director

    • Tenure: 0yrs
  • Nathalie Saout

    Operations Director & Director

    • Tenure: 0yrs
  • Jean-Paul Goury

    Director of Regions France & Director

    • Tenure: 0yrs
  • Pascal Janin

    CEO of Switzerland & Director

    • Tenure: 0yrs
  • Yves Colinet

    MD of Belgium & Luxembourg and Director

    • Tenure: 0yrs
  • Charles Parat

    Innovation Director & Director

    • Tenure: 0yrs
  • Anne-Flore Gal

    Human Resources Director & Director

    • Tenure: 0.5yrs

Company Information

Micropole S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Micropole S.A.
  • Ticker: MUN
  • Exchange: ENXTPA
  • Founded: 1987
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: €35.151m
  • Shares outstanding: 27.35m
  • Website: https://www.micropole.com

Location

  • Micropole S.A.
  • 91-95 rue Carnot
  • Levallois-Perret
  • Ile-de-France
  • 92300
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MUNENXTPA (Euronext Paris)YesOrdinary SharesFREURSep 2000
0MV0LSE (London Stock Exchange)YesOrdinary SharesGBEURSep 2000
MUNPBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURSep 2000
MP4DB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 2000

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 20:35
End of Day Share Price2019/09/20 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.