Munic S.A.

ENXTPA:ALMUN Stock Report

Market Cap: €4.4m

Munic Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Aaron Solomon

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure19yrs
CEO ownership18.5%
Management average tenureno data
Board average tenure6.8yrs

Recent management updates

Recent updates

Analysis Article • Jan 16

Munic S.A. (EPA:ALMUN) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected

Munic S.A. ( EPA:ALMUN ) shareholders have had their patience rewarded with a 27% share price jump in the last month...
Analysis Article • Sep 13

Munic S.A. (EPA:ALMUN) May Have Run Too Fast Too Soon With Recent 32% Price Plummet

Munic S.A. ( EPA:ALMUN ) shares have retraced a considerable 32% in the last month, reversing a fair amount of their...
Analysis Article • Jun 25

Munic S.A.'s (EPA:ALMUN) 38% Price Boost Is Out Of Tune With Revenues

Despite an already strong run, Munic S.A. ( EPA:ALMUN ) shares have been powering on, with a gain of 38% in the last...
Analysis Article • Apr 26

Market Might Still Lack Some Conviction On Munic S.A. (EPA:ALMUN) Even After 29% Share Price Boost

Those holding Munic S.A. ( EPA:ALMUN ) shares would be relieved that the share price has rebounded 29% in the last...
Analysis Article • Feb 22

Some Munic S.A. (EPA:ALMUN) Shareholders Look For Exit As Shares Take 27% Pounding

Munic S.A. ( EPA:ALMUN ) shareholders that were waiting for something to happen have been dealt a blow with a 27% share...
Analysis Article • Dec 28

Munic 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...
Analysis Article • Dec 10

We Think Munic (EPA:ALMUN) Has A Fair Chunk Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Oct 18

Munic S.A.'s (EPA:ALMUN) Shares Leap 57% Yet They're Still Not Telling The Full Story

Munic S.A. ( EPA:ALMUN ) shares have had a really impressive month, gaining 57% after a shaky period beforehand. Not...
Analysis Article • Aug 30

Investors Aren't Entirely Convinced By Munic S.A.'s (EPA:ALMUN) Revenues

It'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...
Analysis Article • May 09

Is 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...
Analysis Article • Feb 20

More 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...
Analysis Article • Dec 18

Munic 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...
Analysis Article • Nov 25

Is 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...
Analysis Article • Sep 20

Munic S.A.'s (EPA:ALMUN) Popularity With Investors Is Under Threat From Overpricing

There 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...
Analysis Article • Feb 02

Munic (EPA:ALMUN) Might Have The Makings Of A Multi-Bagger

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Analysis Article • Dec 07

Munic (EPA:ALMUN) Takes On Some Risk With Its Use Of Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • Oct 06

Munic (EPA:ALMUN) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Munic S.A. ( EPA:ALMUN ) announced strong profits, but the stock was stagnant. We did some digging, and we found some...
Analysis Article • Dec 11

Is 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...
Analysis Article • Apr 11

Munic 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...

CEO Compensation Analysis

How has Aaron Solomon's remuneration changed compared to Munic's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

-€229k

Sep 30 2025n/an/a

€1k

Jun 30 2025n/an/a

€231k

Mar 31 2025n/an/a

-€444k

Dec 31 2024€127k€120k

-€1m

Sep 30 2024n/an/a

-€1m

Jun 30 2024n/an/a

-€1m

Mar 31 2024n/an/a

-€2m

Dec 31 2023€127k€120k

-€2m

Sep 30 2023n/an/a

-€2m

Jun 30 2023n/an/a

-€2m

Mar 31 2023n/an/a

-€933k

Dec 31 2022€140k€120k

€15k

Sep 30 2022n/an/a

€606k

Jun 30 2022n/an/a

€1m

Mar 31 2022n/an/a

€484k

Dec 31 2021€138k€120k

-€229k

Sep 30 2021n/an/a

-€2m

Jun 30 2021n/an/a

-€3m

Mar 31 2021n/an/a

-€4m

Dec 31 2020€136k€120k

-€6m

Sep 30 2020n/an/a

-€4m

Jun 30 2020n/an/a

-€3m

Mar 31 2020n/an/a

-€2m

Dec 31 2019€136k€120k

-€813k

Compensation vs Market: Insufficient data to establish whether Aaron's total compensation is reasonable compared to companies of similar size in the French market.

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

CEO

Aaron Solomon (63 yo)

19yrs
Tenure
€127,103
Compensation

Mr. Aaron Solomon has been Chairman of the Board of Munic S.A. since February 1, 2019 and serves as its Chief Executive Officer and General Director. Mr. Solomon has been a Director at Munic S.A. since Jul...

Board Members

NamePositionTenureCompensationOwnership
Aaron Solomon
Chairman of the Board19yrs€127.10k18.46%
€ 807.8k
Yann Paranthoen
Founder & Director6.8yrsno data2.02%
€ 88.4k
Christophe Van Cauwenberghe
Independent Director6.8yrsno data0.82%
€ 35.9k
Laurence Solomon
Director6.7yrsno datano data
Francois Goubard
Independent Director6.6yrsno datano data
Laurence Therry
Directorno datano datano data
6.8yrs
Average Tenure

Experienced Board: ALMUN's board of directors are considered experienced (6.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/08 17:16
End of Day Share Price 2026/07/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Munic S.A. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sandrine CauvinGilbert Dupont