Munic SA
MUNIC S.A. operates as a vehicle data collection, processing, and monetization company in Europe and North America. Its product portfolio includes Munic Max, a hardwired telematics device; Munic V6, 2G, 3G and 4G, and catM OBD dongles; C4 Dongle V8, V8+, and DoIP; C4Max and C4Flex V8; C4RMax and C4RFlex V8; UDK4IoT; Munic V6+ and V7+, an 4G cat 4 and WiFi hotspot OBD dongles. The company also ope… Read more
Munic SA (ALMUN) - Net Assets
Latest net assets as of June 2025: €11.05 Million EUR
Based on the latest financial reports, Munic SA (ALMUN) has net assets worth €11.05 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€19.72 Million) and total liabilities (€8.67 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €11.05 Million |
| % of Total Assets | 56.02% |
| Annual Growth Rate | 39.92% |
| 5-Year Change | 3.15% |
| 10-Year Change | N/A |
| Growth Volatility | 10292.04 |
Munic SA - Net Assets Trend (2017–2024)
This chart illustrates how Munic SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Munic SA (2017–2024)
The table below shows the annual net assets of Munic SA from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €11.39 Million | -8.96% |
| 2023-12-31 | €12.51 Million | -12.53% |
| 2022-12-31 | €14.30 Million | +30.29% |
| 2021-12-31 | €10.97 Million | -0.58% |
| 2020-12-31 | €11.04 Million | +29391.04% |
| 2019-12-31 | €37.43K | -94.41% |
| 2018-12-31 | €669.22K | -38.29% |
| 2017-12-31 | €1.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Munic SA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 3142.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €363.31K | 3.19% |
| Other Comprehensive Income | €-7.73K | -0.07% |
| Other Components | €20.72 Million | 181.95% |
| Total Equity | €11.39 Million | 100.00% |
Munic SA Competitors by Market Cap
The table below lists competitors of Munic SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hanmi Semiconductor Co. Ltd.
KQ:042700
|
$1.96 Million |
|
Norwood Systems Ltd
AU:NOR
|
$1.96 Million |
|
New Sources Energy N.V
AS:NSE
|
$1.96 Million |
|
Sharps Technology Inc
NASDAQ:STSS
|
$1.96 Million |
|
Ericsson Nikola Tesla d.d.
ZSE:ERNT
|
$1.96 Million |
|
Mac Alpha Ltd.
LSE:MACA
|
$1.96 Million |
|
WYGC
OTCQB:WYGC
|
$1.96 Million |
|
REEGF
OTCGREY:REEGF
|
$1.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Munic SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,507,018 to 11,387,000, a change of -1,120,018 (-9.0%).
- Net loss of 1,120,000 reduced equity.
- Other comprehensive income decreased equity by 160,925.
- Other factors increased equity by 160,907.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.12 Million | -9.84% |
| Other Comprehensive Income | €-160.93K | -1.41% |
| Other Changes | €160.91K | +1.41% |
| Total Change | €- | -8.96% |
Book Value vs Market Value Analysis
This analysis compares Munic SA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.48x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.97x to 0.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.20 | €0.61 | x |
| 2018-12-31 | €0.13 | €0.61 | x |
| 2019-12-31 | €0.01 | €0.61 | x |
| 2020-12-31 | €1.45 | €0.61 | x |
| 2021-12-31 | €1.39 | €0.61 | x |
| 2022-12-31 | €1.59 | €0.61 | x |
| 2023-12-31 | €1.40 | €0.61 | x |
| 2024-12-31 | €1.27 | €0.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Munic SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -9.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.79%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.82x
- Recent ROE (-9.84%) is above the historical average (-314.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 29.36% | 2.34% | 1.08x | 11.60x | €210.01K |
| 2018 | -62.06% | -2.73% | 1.08x | 21.00x | €-482.25K |
| 2019 | -2407.18% | -5.24% | 0.85x | 539.30x | €-904.78K |
| 2020 | -51.20% | -75.07% | 0.38x | 1.78x | €-6.76 Million |
| 2021 | -2.09% | -1.19% | 0.72x | 2.43x | €-1.33 Million |
| 2022 | 0.10% | 0.07% | 0.77x | 1.97x | €-1.42 Million |
| 2023 | -14.32% | -12.14% | 0.58x | 2.02x | €-3.04 Million |
| 2024 | -9.84% | -11.79% | 0.46x | 1.82x | €-2.26 Million |
Industry Comparison
This section compares Munic SA's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $47,984,044
- Average return on equity (ROE) among peers: 3.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Munic SA (ALMUN) | €11.05 Million | 29.36% | 0.79x | $1.96 Million |
| GECI International SA (ALGEC) | $-14.90 Million | 0.00% | 0.00x | $2.04 Million |
| Hipay Group SA (ALHYP) | $55.08 Million | -4.32% | 1.01x | $16.97 Million |
| Wallix Group SA (ALLIX) | $17.50 Million | -34.28% | 1.92x | $121.09 Million |
| LIGHTON (ALTAI) | $4.38 Million | 85.24% | 0.64x | $60.34K |
| Tractial S.A. (ALTRA) | $1.70 Million | 25.19% | 5.29x | $9.28 Million |
| ALVIR (ALVIR) | $825.62K | 42.46% | 5.83x | $55.72K |
| FranceSoir Groupe SA (MLFSG) | $1.34 Million | -75.28% | 0.40x | $48.13 |
| OVH Groupe SAS (OVH) | $317.94 Million | -8.79% | 1.81x | $209.44 Million |