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.

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

-3.3%

MUN

0.7%

FR IT

2.1%

FR Market


1 Year Return

-2.1%

MUN

3.7%

FR IT

10.2%

FR Market

Return vs Industry: MUN underperformed the French IT industry which returned 3.7% over the past year.

Return vs Market: MUN underperformed the French Market which returned 10.2% over the past year.


Shareholder returns

MUNIndustryMarket
7 Day-3.3%0.7%2.1%
30 Day-8.3%-0.6%-0.7%
90 Day-16.2%-7.8%-0.7%
1 Year-2.1%-2.1%11.2%3.7%14.1%10.2%
3 Year49.4%49.4%41.5%25.9%44.6%30.6%
5 Year92.6%91.0%152.6%119.3%76.5%50.1%

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 compared to its fair value and its price relative to the market?

26.52x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate MUN's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate MUN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MUN is poor value based on its PE Ratio (26.5x) compared to the IT industry average (16.7x).

PE vs Market: MUN is poor value based on its PE Ratio (26.5x) compared to the French market (17.2x).


Price to Earnings Growth Ratio

Low 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 (2x).


Next Steps

Future Growth

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

15.2%

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?

-6.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: MUN's earnings have declined by -6.8% per year over the past 5 years.

Accelerating Growth: MUN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: MUN has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (12.9%).


Return on Equity

High ROE: MUN's Return on Equity (2.7%) is considered low.


Return on Assets

ROA vs Industry: MUN's Return on Assets is below or equal to the IT industry average last year.


Return on Capital Employed

ROCE Improving: MUN has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Micropole's financial position?


Financial Position Analysis

Short Term Liabilities: MUN's short term assets (€66.0M) exceeds its short term liabilities (€57.0M)

Long Term Liabilities: MUN's short term assets (66.0M) exceeds its long term liabilities (28.9M)


Debt to Equity History and Analysis

Debt Level: MUN's debt to equity ratio (58.1%) is considered high

Reducing Debt: MUN's debt to equity ratio has increased from 41.4% to 58.1% over the past 5 years.

Debt Coverage: MUN's debt is not well covered by operating cash flow (1.3%).

Interest Coverage: MUN's interest payments on its debt are well covered by EBIT (9.8x coverage).


Balance Sheet

Inventory Level: MUN has a low level of unsold assets or inventory.

Debt Coverage by Assets: MUN's debt is covered by short term assets (assets are 2.276270x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.6%markettop25%4.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate MUN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate MUN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

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.


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Christian Poyau 0

0yrs

Tenure

€297,000

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

Compensation vs. Market: Christian's total compensation ($USD327.31K) is about average for companies of similar size in the French market ($USD152.11K).

Compensation vs Earnings: Christian's compensation has been consistent with company performance over the past year.


Management Age and Tenure

1.8yrs

Average Tenure

Experienced Management: MUN's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Christian Poyau

    Co-Founder

    • Tenure: 0yrs
    • Compensation: €297.00k
  • Thierry Letoffe

    Co-Founder

    • Tenure: 0yrs
    • Compensation: €297.00k
  • 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: 0.6yrs

Board Members

  • Christian Poyau

    Co-Founder

    • Tenure: 0yrs
    • Compensation: €297.00k
  • Thierry Letoffe

    Co-Founder

    • Tenure: 0yrs
    • Compensation: €297.00k
  • 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: 0.6yrs

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: €32.057m
  • Shares outstanding: 27.52m
  • 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 Analysis2019/10/14 20:35
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
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.