MULTICONSULT ASA (MULTI.OL) Fundamental Analysis & Valuation
OSL:MULTI • NO0010734338
157.5 NOK
+1.5 (+0.96%)
Last: Mar 5, 2026, 12:32 PM
This MULTI.OL fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 4 out of 10 to MULTI. MULTI was compared to 43 industry peers in the Construction & Engineering industry. MULTI has a medium profitability rating, but doesn't score so well on its financial health evaluation. MULTI is not valued too expensively and it also shows a decent growth rate.
1. MULTI.OL Profitability Analysis
1.1 Basic Checks
- MULTI had positive earnings in the past year.
- MULTI had a positive operating cash flow in the past year.
- Each year in the past 5 years MULTI has been profitable.
- Each year in the past 5 years MULTI had a positive operating cash flow.
1.2 Ratios
- With a decent Return On Assets value of 5.89%, MULTI is doing good in the industry, outperforming 67.44% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 21.31%, MULTI is in the better half of the industry, outperforming 60.47% of the companies in the same industry.
- MULTI's Return On Invested Capital of 11.86% is fine compared to the rest of the industry. MULTI outperforms 60.47% of its industry peers.
- 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 Rank | Sector 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%
1.3 Margins
- MULTI has a Profit Margin of 4.47%. This is comparable to the rest of the industry: MULTI outperforms 55.81% of its industry peers.
- MULTI's Profit Margin has declined in the last couple of years.
- MULTI's Operating Margin of 6.89% is in line compared to the rest of the industry. MULTI outperforms 51.16% of its industry peers.
- In the last couple of years the Operating Margin of MULTI has declined.
| Industry Rank | Sector 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
2. MULTI.OL Health Analysis
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MULTI is creating value.
- MULTI has less shares outstanding than it did 1 year ago.
- MULTI has more shares outstanding than it did 5 years ago.
- MULTI has a worse debt/assets ratio than last year.
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.
- MULTI's Debt to FCF ratio of 8.89 is in line compared to the rest of the industry. MULTI outperforms 41.86% of its industry peers.
- A Debt/Equity ratio of 1.06 is on the high side and indicates that MULTI has dependencies on debt financing.
- MULTI has a worse Debt to Equity ratio (1.06) than 60.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.06 | ||
| Debt/FCF | 8.89 | ||
| Altman-Z | N/A |
ROIC/WACC1.56
WACC7.6%
2.3 Liquidity
- A Current Ratio of 1.11 indicates that MULTI should not have too much problems paying 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's Quick ratio of 0.92 is in line compared to the rest of the industry. MULTI outperforms 44.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.11 | ||
| Quick Ratio | 0.92 |
3. MULTI.OL Growth Analysis
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.
- Looking at the last year, MULTI shows a small growth in Revenue. The Revenue has grown by 5.08% in the last year.
- 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
- Based on estimates for the next years, MULTI will show a small growth in Revenue. The Revenue will grow by 6.26% on average per year.
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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. MULTI.OL Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 17.12, MULTI is valued on the expensive side.
- MULTI's Price/Earnings is on the same level as the industry average.
- When comparing the Price/Earnings ratio of MULTI to the average of the S&P500 Index (27.03), we can say MULTI is valued slightly cheaper.
- Based on the Price/Forward Earnings ratio of 11.36, the valuation of MULTI can be described as reasonable.
- MULTI's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MULTI is cheaper than 74.42% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.11, MULTI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.12 | ||
| Fwd PE | 11.36 |
4.2 Price Multiples
- MULTI's Enterprise Value to EBITDA is on the same level as the industry average.
- MULTI's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. MULTI is more expensive than 65.12% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.16 | ||
| EV/EBITDA | 8.88 |
4.3 Compensation for Growth
- MULTI's 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
5. MULTI.OL Dividend Analysis
5.1 Amount
- MULTI has a Yearly Dividend Yield of 3.18%.
- MULTI's Dividend Yield is a higher than the industry average which is at 2.30.
- MULTI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.18% |
5.2 History
- The dividend of MULTI is nicely growing with an annual growth rate of 38.22%!
Dividend Growth(5Y)38.22%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- 109.52% of the earnings are spent on dividend by MULTI. 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 Fundamentals: All Metrics, Ratios and Statistics
OSL:MULTI (3/5/2026, 12:32:00 PM)
157.5
+1.5 (+0.96%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)02-10 2026-02-10/bmo
Earnings (Next)05-12 2026-05-12
Inst Owners34.13%
Inst Owner ChangeN/A
Ins Owners3.09%
Ins Owner ChangeN/A
Market Cap4.36B
Revenue(TTM)5.66B
Net Income(TTM)252.96M
Analysts80
Price Target186.32 (18.3%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.12 | ||
| Fwd PE | 11.36 | ||
| P/S | 0.77 | ||
| P/FCF | 25.16 | ||
| P/OCF | 17.34 | ||
| P/B | 3.67 | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.88 |
EPS(TTM)9.2
EY5.84%
EPS(NY)13.87
Fwd EY8.81%
FCF(TTM)6.26
FCFY3.97%
OCF(TTM)9.08
OCFY5.77%
SpS204.46
BVpS42.89
TBVpS-10.98
PEG (NY)0.34
PEG (5Y)N/A
Graham Number94.23
Profitability
| Industry Rank | Sector 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 Rank | Sector 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
WACC7.6%
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%.