Ae's Umult - Alpha from Lightness (Unmult) preset) unfortunately is not optimal since it has a discoloring result. it does not preserve the RGB information in it's entirety. I have seen not any way in Ae to unmult natively without this discoloring effect. a simple test is taking a black solid, adding a lens flare effect, then trying to unmult.Â
another free option exists in the VC Color Vibrance plugin which is free by video copilot:Â
simply change the color to 0 to have no effect in color, and change "matte alpha" to "on"