MULTICONSULT ASA (MULTI.OL) Stock Fundamental Analysis
OSL:MULTI - Euronext Oslo - NO0010734338 - Common Stock - Currency: NOK
We assign a fundamental rating of 6 out of 10 to MULTI. MULTI was compared to 42 industry peers in the Construction & Engineering industry. MULTI has an excellent profitability rating, but there are some minor concerns on its financial health. MULTI has a decent growth rate and is not valued too expensively. MULTI also has an excellent dividend rating. With these ratings, MULTI could be worth investigating further for dividend investing!.
1. Profitability
1.1 Basic Checks
In the past year MULTI was profitable.
MULTI had a positive operating cash flow in the past year.
Each year in the past 5 years MULTI has been profitable.
In the past 5 years MULTI always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 11.05%, MULTI belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
Looking at the Return On Equity, with a value of 33.68%, MULTI belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
With an excellent Return On Invested Capital value of 21.64%, MULTI belongs to the best of the industry, outperforming 92.86% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for MULTI is significantly above the industry average of 10.76%.
The 3 year average ROIC (17.87%) for MULTI is below the current ROIC(21.64%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.05% | ||
| ROE | 33.68% | ||
| ROIC | 21.64% |
ROA(3y)9.77%
ROA(5y)9.24%
ROE(3y)31.65%
ROE(5y)30.95%
ROIC(3y)17.87%
ROIC(5y)18.01%
1.3 Margins
With a decent Profit Margin value of 7.74%, MULTI is doing good in the industry, outperforming 76.19% of the companies in the same industry.
In the last couple of years the Profit Margin of MULTI has grown nicely.
MULTI has a better Operating Margin (10.71%) than 78.57% of its industry peers.
MULTI's Operating Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.71% | ||
| PM (TTM) | 7.74% | ||
| GM | N/A |
OM growth 3Y1.47%
OM growth 5Y25.39%
PM growth 3Y7.84%
PM growth 5Y49.91%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MULTI is creating value.
Compared to 1 year ago, MULTI has about the same amount of shares outstanding.
Compared to 5 years ago, MULTI has more shares outstanding
The debt/assets ratio for MULTI has been reduced compared to a year ago.
2.2 Solvency
MULTI has an Altman-Z score of 3.72. This indicates that MULTI is financially healthy and has little risk of bankruptcy at the moment.
MULTI has a better Altman-Z score (3.72) than 85.71% of its industry peers.
The Debt to FCF ratio of MULTI is 1.74, which is an excellent value as it means it would take MULTI, only 1.74 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 1.74, MULTI is doing good in the industry, outperforming 76.19% of the companies in the same industry.
A Debt/Equity ratio of 0.61 indicates that MULTI is somewhat dependend on debt financing.
MULTI has a Debt to Equity ratio (0.61) which is in line with its industry peers.
Although MULTI does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 1.74 | ||
| Altman-Z | 3.72 |
ROIC/WACC2.68
WACC8.06%
2.3 Liquidity
MULTI has a Current Ratio of 0.97. This is a bad value and indicates that MULTI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.97, MULTI is not doing good in the industry: 69.05% of the companies in the same industry are doing better.
A Quick Ratio of 0.78 indicates that MULTI may have some problems paying its short term obligations.
MULTI has a Quick ratio of 0.78. This is in the lower half of the industry: MULTI underperforms 78.57% of its industry peers.
The current and quick ratio evaluation for MULTI is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.78 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 64.27% over the past year.
Measured over the past years, MULTI shows a very strong growth in Earnings Per Share. The EPS has been growing by 60.54% on average per year.
The Revenue has grown by 12.10% in the past year. This is quite good.
The Revenue has been growing by 9.40% on average over the past years. This is quite good.
EPS 1Y (TTM)64.27%
EPS 3Y17.24%
EPS 5Y60.54%
EPS Q2Q%38.07%
Revenue 1Y (TTM)12.1%
Revenue growth 3Y12.28%
Revenue growth 5Y9.4%
Sales Q2Q%-4.28%
3.2 Future
MULTI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.43% yearly.
Based on estimates for the next years, MULTI will show a small growth in Revenue. The Revenue will grow by 5.62% on average per year.
EPS Next Y2.09%
EPS Next 2Y4.23%
EPS Next 3Y6.43%
EPS Next 5YN/A
Revenue Next Year3.89%
Revenue Next 2Y5.07%
Revenue Next 3Y5.62%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 13.59, MULTI is valued correctly.
Compared to the rest of the industry, the Price/Earnings ratio of MULTI is on the same level as its industry peers.
When comparing the Price/Earnings ratio of MULTI to the average of the S&P500 Index (27.52), we can say MULTI is valued rather cheaply.
A Price/Forward Earnings ratio of 13.71 indicates a correct valuation of MULTI.
MULTI's Price/Forward Earnings ratio is in line with the industry average.
MULTI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 35.58.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.59 | ||
| Fwd PE | 13.71 |
4.2 Price Multiples
MULTI's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MULTI indicates a somewhat cheap valuation: MULTI is cheaper than 61.90% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10 | ||
| EV/EBITDA | 7.92 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of MULTI may justify a higher PE ratio.
PEG (NY)6.51
PEG (5Y)0.22
EPS Next 2Y4.23%
EPS Next 3Y6.43%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.78%, MULTI is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.35, 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 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.78% |
5.2 History
The dividend of MULTI is nicely growing with an annual growth rate of 39.77%!
Dividend Growth(5Y)39.77%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
53.10% of the earnings are spent on dividend by MULTI. This is a bit on the high side, but may be sustainable.
The dividend of MULTI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP53.1%
EPS Next 2Y4.23%
EPS Next 3Y6.43%
OSL:MULTI (7/14/2025, 4:19:58 PM)
208
+2 (+0.97%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners30.37%
Inst Owner ChangeN/A
Ins Owners3.5%
Ins Owner ChangeN/A
Market Cap5.76B
Analysts78.57
Price Target213.18 (2.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.78% |
Yearly Dividend8
Dividend Growth(5Y)39.77%
DP53.1%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.95%
Min EPS beat(2)-19.54%
Max EPS beat(2)11.64%
EPS beat(4)3
Avg EPS beat(4)8.85%
Min EPS beat(4)-19.54%
Max EPS beat(4)29.37%
EPS beat(8)5
Avg EPS beat(8)10.5%
EPS beat(12)9
Avg EPS beat(12)14.99%
EPS beat(16)11
Avg EPS beat(16)9.71%
Revenue beat(2)1
Avg Revenue beat(2)-3.68%
Min Revenue beat(2)-7.48%
Max Revenue beat(2)0.12%
Revenue beat(4)2
Avg Revenue beat(4)0.77%
Min Revenue beat(4)-7.48%
Max Revenue beat(4)12.16%
Revenue beat(8)6
Avg Revenue beat(8)1.16%
Revenue beat(12)6
Avg Revenue beat(12)-1.03%
Revenue beat(16)6
Avg Revenue beat(16)-1.53%
PT rev (1m)0%
PT rev (3m)-4.04%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.59 | ||
| Fwd PE | 13.71 | ||
| P/S | 1.07 | ||
| P/FCF | 10 | ||
| P/OCF | 8.57 | ||
| P/B | 4.65 | ||
| P/tB | 96.88 | ||
| EV/EBITDA | 7.92 |
EPS(TTM)15.31
EY7.36%
EPS(NY)15.18
Fwd EY7.3%
FCF(TTM)20.81
FCFY10%
OCF(TTM)24.28
OCFY11.67%
SpS194.56
BVpS44.69
TBVpS2.15
PEG (NY)6.51
PEG (5Y)0.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.05% | ||
| ROE | 33.68% | ||
| ROCE | 26.97% | ||
| ROIC | 21.64% | ||
| ROICexc | 23.44% | ||
| ROICexgc | 58.09% | ||
| OM | 10.71% | ||
| PM (TTM) | 7.74% | ||
| GM | N/A | ||
| FCFM | 10.7% |
ROA(3y)9.77%
ROA(5y)9.24%
ROE(3y)31.65%
ROE(5y)30.95%
ROIC(3y)17.87%
ROIC(5y)18.01%
ROICexc(3y)19.57%
ROICexc(5y)20.24%
ROICexgc(3y)47.98%
ROICexgc(5y)44.37%
ROCE(3y)22.28%
ROCE(5y)22.46%
ROICexcg growth 3Y10.96%
ROICexcg growth 5Y40.09%
ROICexc growth 3Y6.4%
ROICexc growth 5Y27.28%
OM growth 3Y1.47%
OM growth 5Y25.39%
PM growth 3Y7.84%
PM growth 5Y49.91%
GM growth 3YN/A
GM growth 5YN/A
F-Score7
Asset Turnover1.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 1.74 | ||
| Debt/EBITDA | 0.92 | ||
| Cap/Depr | 38.54% | ||
| Cap/Sales | 1.78% | ||
| Interest Coverage | 8.11 | ||
| Cash Conversion | 81.36% | ||
| Profit Quality | 138.26% | ||
| Current Ratio | 0.97 | ||
| Quick Ratio | 0.78 | ||
| Altman-Z | 3.72 |
F-Score7
WACC8.06%
ROIC/WACC2.68
Cap/Depr(3y)33.84%
Cap/Depr(5y)27.05%
Cap/Sales(3y)1.64%
Cap/Sales(5y)1.33%
Profit Quality(3y)136.9%
Profit Quality(5y)169.32%
High Growth Momentum
Growth
EPS 1Y (TTM)64.27%
EPS 3Y17.24%
EPS 5Y60.54%
EPS Q2Q%38.07%
EPS Next Y2.09%
EPS Next 2Y4.23%
EPS Next 3Y6.43%
EPS Next 5YN/A
Revenue 1Y (TTM)12.1%
Revenue growth 3Y12.28%
Revenue growth 5Y9.4%
Sales Q2Q%-4.28%
Revenue Next Year3.89%
Revenue Next 2Y5.07%
Revenue Next 3Y5.62%
Revenue Next 5YN/A
EBIT growth 1Y41.29%
EBIT growth 3Y13.93%
EBIT growth 5Y37.18%
EBIT Next Year35.86%
EBIT Next 3Y15.37%
EBIT Next 5YN/A
FCF growth 1Y78.61%
FCF growth 3Y11.27%
FCF growth 5Y25.44%
OCF growth 1Y58.69%
OCF growth 3Y13.57%
OCF growth 5Y22.03%