MULTICONSULT ASA (MULTI.OL) Stock Fundamental Analysis

OSL:MULTI • NO0010734338

157 NOK
-3 (-1.88%)
Last: Mar 3, 2026, 04:19 PM
Fundamental Rating

4

Overall MULTI gets a fundamental rating of 4 out of 10. We evaluated MULTI against 43 industry peers in the Construction & Engineering industry. There are concerns on the financial health of MULTI while its profitability can be described as average. MULTI has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • MULTI had positive earnings in the past year.
  • MULTI had a positive operating cash flow in the past year.
  • MULTI had positive earnings in each of the past 5 years.
  • Each year in the past 5 years MULTI had a positive operating cash flow.
MULTI.OL Yearly Net Income VS EBIT VS OCF VS FCFMULTI.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 5.89%, MULTI is in the better half of the industry, outperforming 67.44% of the companies in the same industry.
  • The Return On Equity of MULTI (21.31%) is better than 60.47% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 11.86%, MULTI is in the better half of the industry, outperforming 60.47% of the companies in the same industry.
  • MULTI had an Average Return On Invested Capital over the past 3 years of 15.06%. This is above the industry average of 11.93%.
Industry RankSector Rank
ROA 5.89%
ROE 21.31%
ROIC 11.86%
ROA(3y)8.38%
ROA(5y)8.59%
ROE(3y)28.58%
ROE(5y)28.77%
ROIC(3y)15.06%
ROIC(5y)15.99%
MULTI.OL Yearly ROA, ROE, ROICMULTI.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

1.3 Margins

  • MULTI has a Profit Margin (4.47%) which is comparable to the rest of the industry.
  • MULTI's Profit Margin has declined in the last couple of years.
  • MULTI has a Operating Margin (6.89%) which is comparable to the rest of the industry.
  • MULTI's Operating Margin has declined in the last couple of years.
Industry RankSector Rank
OM 6.89%
PM (TTM) 4.47%
GM N/A
OM growth 3Y-10.52%
OM growth 5Y-8.81%
PM growth 3Y-14.81%
PM growth 5Y-8.06%
GM growth 3YN/A
GM growth 5YN/A
MULTI.OL Yearly Profit, Operating, Gross MarginsMULTI.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

2

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MULTI is creating value.
  • The number of shares outstanding for MULTI has been reduced compared to 1 year ago.
  • The number of shares outstanding for MULTI has been increased compared to 5 years ago.
  • Compared to 1 year ago, MULTI has a worse debt to assets ratio.
MULTI.OL Yearly Shares OutstandingMULTI.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5M 10M 15M 20M 25M
MULTI.OL Yearly Total Debt VS Total AssetsMULTI.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.2 Solvency

  • MULTI has a debt to FCF ratio of 8.89. This is a slightly negative value and a sign of low solvency as MULTI would need 8.89 years to pay back of all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 8.89, MULTI is in line with its industry, outperforming 41.86% of the companies in the same industry.
  • A Debt/Equity ratio of 1.06 is on the high side and indicates that MULTI has dependencies on debt financing.
  • With a Debt to Equity ratio value of 1.06, MULTI is not doing good in the industry: 60.47% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.06
Debt/FCF 8.89
Altman-Z N/A
ROIC/WACC1.56
WACC7.62%
MULTI.OL Yearly LT Debt VS Equity VS FCFMULTI.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B

2.3 Liquidity

  • MULTI has a Current Ratio of 1.11. This is a normal value and indicates that MULTI is financially healthy and should not expect problems in meeting its short term obligations.
  • MULTI has a Current ratio (1.11) which is in line with its industry peers.
  • MULTI has a Quick Ratio of 1.11. This is a bad value and indicates that MULTI is not financially healthy enough and could expect problems in meeting its short term obligations.
  • MULTI has a Quick ratio of 0.92. This is comparable to the rest of the industry: MULTI outperforms 44.19% of its industry peers.
Industry RankSector Rank
Current Ratio 1.11
Quick Ratio 0.92
MULTI.OL Yearly Current Assets VS Current LiabilitesMULTI.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

4

3. Growth

3.1 Past

  • MULTI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -34.14%.
  • MULTI shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.07% yearly.
  • MULTI shows a small growth in Revenue. In the last year, the Revenue has grown by 5.08%.
  • Measured over the past years, MULTI shows a quite strong growth in Revenue. The Revenue has been growing by 9.09% on average per year.
EPS 1Y (TTM)-34.14%
EPS 3Y-5.98%
EPS 5Y-0.07%
EPS Q2Q%-54.88%
Revenue 1Y (TTM)5.08%
Revenue growth 3Y10.53%
Revenue growth 5Y9.09%
Sales Q2Q%5.42%

3.2 Future

  • The Earnings Per Share is expected to grow by 30.31% on average over the next years. This is a very strong growth
  • MULTI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.26% yearly.
EPS Next Y50.75%
EPS Next 2Y30.31%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year7.82%
Revenue Next 2Y7.56%
Revenue Next 3Y6.26%
Revenue Next 5YN/A

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
MULTI.OL Yearly Revenue VS EstimatesMULTI.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B
MULTI.OL Yearly EPS VS EstimatesMULTI.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 5 10 15

5

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 17.07, MULTI is valued on the expensive side.
  • Compared to the rest of the industry, the Price/Earnings ratio of MULTI is on the same level as its industry peers.
  • MULTI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.13.
  • MULTI is valuated reasonably with a Price/Forward Earnings ratio of 11.32.
  • Based on the Price/Forward Earnings ratio, MULTI is valued a bit cheaper than the industry average as 74.42% of the companies are valued more expensively.
  • MULTI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.11.
Industry RankSector Rank
PE 17.07
Fwd PE 11.32
MULTI.OL Price Earnings VS Forward Price EarningsMULTI.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • MULTI's Enterprise Value to EBITDA is on the same level as the industry average.
  • 65.12% of the companies in the same industry are cheaper than MULTI, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 25.08
EV/EBITDA 9.05
MULTI.OL Per share dataMULTI.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100 150 200

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • MULTI's earnings are expected to grow with 30.31% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.34
PEG (5Y)N/A
EPS Next 2Y30.31%
EPS Next 3YN/A

4

5. Dividend

5.1 Amount

  • MULTI has a Yearly Dividend Yield of 3.18%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 2.30, MULTI pays a bit more dividend than its industry peers.
  • MULTI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 3.18%

5.2 History

  • On average, the dividend of MULTI grows each year by 38.22%, which is quite nice.
Dividend Growth(5Y)38.22%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • MULTI pays out 109.52% of its income as dividend. This is not a sustainable payout ratio.
  • The dividend of MULTI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP109.52%
EPS Next 2Y30.31%
EPS Next 3YN/A
MULTI.OL Yearly Income VS Free CF VS DividendMULTI.OL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
MULTI.OL Dividend Payout.MULTI.OL Dividend Payout, showing the Payout Ratio.MULTI.OL Dividend Payout.PayoutRetained Earnings

MULTICONSULT ASA

OSL:MULTI (3/3/2026, 4:19:57 PM)

157

-3 (-1.88%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)02-10
Earnings (Next)05-12
Inst Owners34.13%
Inst Owner ChangeN/A
Ins Owners3.09%
Ins Owner ChangeN/A
Market Cap4.34B
Revenue(TTM)5.66B
Net Income(TTM)252.96M
Analysts80
Price Target186.32 (18.68%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.18%
Yearly Dividend10.04
Dividend Growth(5Y)38.22%
DP109.52%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-36.89%
Min EPS beat(2)-51.13%
Max EPS beat(2)-22.66%
EPS beat(4)0
Avg EPS beat(4)-37.03%
Min EPS beat(4)-51.13%
Max EPS beat(4)-22.66%
EPS beat(8)3
Avg EPS beat(8)-14.09%
EPS beat(12)5
Avg EPS beat(12)-5.34%
EPS beat(16)9
Avg EPS beat(16)1.98%
Revenue beat(2)0
Avg Revenue beat(2)-3.95%
Min Revenue beat(2)-4.14%
Max Revenue beat(2)-3.76%
Revenue beat(4)0
Avg Revenue beat(4)-4.36%
Min Revenue beat(4)-6.14%
Max Revenue beat(4)-3.41%
Revenue beat(8)2
Avg Revenue beat(8)-1.8%
Revenue beat(12)6
Avg Revenue beat(12)-0.68%
Revenue beat(16)6
Avg Revenue beat(16)-1.86%
PT rev (1m)-7.43%
PT rev (3m)-7.43%
EPS NQ rev (1m)-7.31%
EPS NQ rev (3m)-11.38%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.87%
Revenue NQ rev (1m)-0.66%
Revenue NQ rev (3m)-0.6%
Revenue NY rev (1m)-0.72%
Revenue NY rev (3m)-0.61%
Valuation
Industry RankSector Rank
PE 17.07
Fwd PE 11.32
P/S 0.77
P/FCF 25.08
P/OCF 17.28
P/B 3.66
P/tB N/A
EV/EBITDA 9.05
EPS(TTM)9.2
EY5.86%
EPS(NY)13.87
Fwd EY8.83%
FCF(TTM)6.26
FCFY3.99%
OCF(TTM)9.08
OCFY5.79%
SpS204.46
BVpS42.89
TBVpS-10.98
PEG (NY)0.34
PEG (5Y)N/A
Graham Number94.23
Profitability
Industry RankSector Rank
ROA 5.89%
ROE 21.31%
ROCE 15.08%
ROIC 11.86%
ROICexc 12.4%
ROICexgc 31.25%
OM 6.89%
PM (TTM) 4.47%
GM N/A
FCFM 3.06%
ROA(3y)8.38%
ROA(5y)8.59%
ROE(3y)28.58%
ROE(5y)28.77%
ROIC(3y)15.06%
ROIC(5y)15.99%
ROICexc(3y)16.43%
ROICexc(5y)17.4%
ROICexgc(3y)39.35%
ROICexgc(5y)41.92%
ROCE(3y)19.15%
ROCE(5y)20.33%
ROICexgc growth 3Y-16.83%
ROICexgc growth 5Y-4.42%
ROICexc growth 3Y-15.68%
ROICexc growth 5Y-12.8%
OM growth 3Y-10.52%
OM growth 5Y-8.81%
PM growth 3Y-14.81%
PM growth 5Y-8.06%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover1.32
Health
Industry RankSector Rank
Debt/Equity 1.06
Debt/FCF 8.89
Debt/EBITDA 1.94
Cap/Depr 30.41%
Cap/Sales 1.38%
Interest Coverage 5.57
Cash Conversion 38.86%
Profit Quality 68.47%
Current Ratio 1.11
Quick Ratio 0.92
Altman-Z N/A
F-Score4
WACC7.62%
ROIC/WACC1.56
Cap/Depr(3y)37.03%
Cap/Depr(5y)30.58%
Cap/Sales(3y)1.76%
Cap/Sales(5y)1.47%
Profit Quality(3y)102.69%
Profit Quality(5y)131.45%
High Growth Momentum
Growth
EPS 1Y (TTM)-34.14%
EPS 3Y-5.98%
EPS 5Y-0.07%
EPS Q2Q%-54.88%
EPS Next Y50.75%
EPS Next 2Y30.31%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.08%
Revenue growth 3Y10.53%
Revenue growth 5Y9.09%
Sales Q2Q%5.42%
Revenue Next Year7.82%
Revenue Next 2Y7.56%
Revenue Next 3Y6.26%
Revenue Next 5YN/A
EBIT growth 1Y-32.4%
EBIT growth 3Y-1.09%
EBIT growth 5Y-0.51%
EBIT Next Year89.8%
EBIT Next 3Y30.78%
EBIT Next 5YN/A
FCF growth 1Y-69.92%
FCF growth 3Y-30.61%
FCF growth 5Y-23.06%
OCF growth 1Y-62.59%
OCF growth 3Y-23.51%
OCF growth 5Y-17.75%

MULTICONSULT ASA / MULTI.OL FAQ

What is the fundamental rating for MULTI stock?

ChartMill assigns a fundamental rating of 4 / 10 to MULTI.OL.


What is the valuation status of MULTICONSULT ASA (MULTI.OL) stock?

ChartMill assigns a valuation rating of 5 / 10 to MULTICONSULT ASA (MULTI.OL). This can be considered as Fairly Valued.


How profitable is MULTICONSULT ASA (MULTI.OL) stock?

MULTICONSULT ASA (MULTI.OL) has a profitability rating of 5 / 10.


What is the expected EPS growth for MULTICONSULT ASA (MULTI.OL) stock?

The Earnings per Share (EPS) of MULTICONSULT ASA (MULTI.OL) is expected to grow by 50.75% in the next year.


Is the dividend of MULTICONSULT ASA sustainable?

The dividend rating of MULTICONSULT ASA (MULTI.OL) is 4 / 10 and the dividend payout ratio is 109.52%.