MULTICONSULT ASA (MULTI.OL) Stock Fundamental Analysis
OSL:MULTI - Euronext Oslo - NO0010734338 - Common Stock - Currency: NOK
MULTI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 30 industry peers in the Professional Services industry. While MULTI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. MULTI has a correct valuation and a medium growth rate. Finally MULTI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
MULTI had positive earnings in the past year.
In the past year MULTI had a positive cash flow from operations.
Each year in the past 5 years MULTI has been profitable.
MULTI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
MULTI's Return On Assets of 11.05% is fine compared to the rest of the industry. MULTI outperforms 79.31% of its industry peers.
MULTI's Return On Equity of 33.68% is amongst the best of the industry. MULTI outperforms 82.76% of its industry peers.
MULTI's Return On Invested Capital of 21.64% is amongst the best of the industry. MULTI outperforms 96.55% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MULTI is significantly above the industry average of 11.88%.
The 3 year average ROIC (17.89%) 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)17.89%
ROIC(5y)18.03%
1.3 Margins
Looking at the Profit Margin, with a value of 7.74%, MULTI is in the better half of the industry, outperforming 75.86% of the companies in the same industry.
In the last couple of years the Profit Margin of MULTI has grown nicely.
With a decent Operating Margin value of 10.71%, MULTI is doing good in the industry, outperforming 72.41% of the companies in the same industry.
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 3Y1.59%
OM growth 5Y25.48%
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.
The number of shares outstanding for MULTI remains at a similar level compared to 1 year ago.
The number of shares outstanding for MULTI has been increased compared to 5 years ago.
The debt/assets ratio for MULTI has been reduced compared to a year ago.
2.2 Solvency
MULTI has a debt to FCF ratio of 1.74. This is a very positive value and a sign of high solvency as it would only need 1.74 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.74, MULTI belongs to the top of the industry, outperforming 86.21% of the companies in the same industry.
A Debt/Equity ratio of 0.61 indicates that MULTI is somewhat dependend on debt financing.
The Debt to Equity ratio of MULTI (0.61) is better than 62.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 1.74 | ||
| Altman-Z | N/A |
ROIC/WACC2.75
WACC7.88%
2.3 Liquidity
A Current Ratio of 0.97 indicates that MULTI may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.97, MULTI is in line with its industry, outperforming 41.38% of the companies in the same industry.
MULTI has a Quick 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.
MULTI has a worse Quick ratio (0.78) than 65.52% of its industry peers.
| 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 30.65% over the past year.
The Earnings Per Share has been growing by 63.27% on average over the past years. This is a very strong growth
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)30.65%
EPS 3Y20.37%
EPS 5Y63.27%
EPS Q2Q%-20.13%
Revenue 1Y (TTM)12.1%
Revenue growth 3Y12.28%
Revenue growth 5Y9.4%
Sales Q2Q%6.01%
3.2 Future
MULTI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.92% yearly.
Based on estimates for the next years, MULTI will show a small growth in Revenue. The Revenue will grow by 5.43% on average per year.
EPS Next Y-6.69%
EPS Next 2Y-0.45%
EPS Next 3Y2.92%
EPS Next 5YN/A
Revenue Next Year3.67%
Revenue Next 2Y4.94%
Revenue Next 3Y5.43%
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 decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
MULTI is valuated reasonably with a Price/Earnings ratio of 11.82.
79.31% of the companies in the same industry are more expensive than MULTI, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 29.35, MULTI is valued rather cheaply.
The Price/Forward Earnings ratio is 12.34, which indicates a correct valuation of MULTI.
Based on the Price/Forward Earnings ratio, MULTI is valued a bit cheaper than 65.52% of the companies in the same industry.
MULTI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.10.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.82 | ||
| Fwd PE | 12.34 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MULTI is valued a bit cheaper than the industry average as 68.97% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, MULTI is valued a bit cheaper than 79.31% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.58 | ||
| EV/EBITDA | 7 |
4.3 Compensation for Growth
MULTI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.19
EPS Next 2Y-0.45%
EPS Next 3Y2.92%
5. Dividend
5.1 Amount
MULTI has a Yearly Dividend Yield of 5.59%, which is a nice return.
Compared to an average industry Dividend Yield of 2.84, MULTI pays a better dividend. On top of this MULTI pays more dividend than 96.55% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, MULTI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.59% |
5.2 History
On average, the dividend of MULTI grows each year by 39.77%, which is quite nice.
Dividend Growth(5Y)39.77%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
MULTI pays out 53.10% of its income as dividend. 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 2Y-0.45%
EPS Next 3Y2.92%
OSL:MULTI (3/7/2025, 7:00:00 PM)
178.5
-0.5 (-0.28%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCommercial & Professional Services
GICS IndustryProfessional Services
Earnings (Last)
Earnings (Next)
Inst Owners28.89%
Inst Owner ChangeN/A
Ins Owners3.5%
Ins Owner ChangeN/A
Market Cap4.94B
Analysts78.57
Price Target222.16 (24.46%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.59% |
Yearly Dividend8
Dividend Growth(5Y)39.77%
DP53.1%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
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)1.87%
PT rev (3m)2.83%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3.99%
EPS NY rev (3m)4.17%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.71%
Revenue NY rev (3m)2.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.82 | ||
| Fwd PE | 12.34 | ||
| P/S | 0.92 | ||
| P/FCF | 8.58 | ||
| P/OCF | 7.35 | ||
| P/B | 3.99 | ||
| P/tB | 83.14 | ||
| EV/EBITDA | 7 |
EPS(TTM)15.1
EY8.46%
EPS(NY)14.47
Fwd EY8.11%
FCF(TTM)20.81
FCFY11.66%
OCF(TTM)24.28
OCFY13.6%
SpS194.56
BVpS44.69
TBVpS2.15
PEG (NY)N/A
PEG (5Y)0.19
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)17.89%
ROIC(5y)18.03%
ROICexc(3y)19.6%
ROICexc(5y)20.25%
ROICexgc(3y)48.04%
ROICexgc(5y)44.41%
ROCE(3y)22.31%
ROCE(5y)22.47%
ROICexcg growth 3Y11.09%
ROICexcg growth 5Y40.19%
ROICexc growth 3Y6.52%
ROICexc growth 5Y27.37%
OM growth 3Y1.59%
OM growth 5Y25.48%
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 | N/A |
F-Score7
WACC7.88%
ROIC/WACC2.75
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)30.65%
EPS 3Y20.37%
EPS 5Y63.27%
EPS Q2Q%-20.13%
EPS Next Y-6.69%
EPS Next 2Y-0.45%
EPS Next 3Y2.92%
EPS Next 5YN/A
Revenue 1Y (TTM)12.1%
Revenue growth 3Y12.28%
Revenue growth 5Y9.4%
Sales Q2Q%6.01%
Revenue Next Year3.67%
Revenue Next 2Y4.94%
Revenue Next 3Y5.43%
Revenue Next 5YN/A
EBIT growth 1Y41.29%
EBIT growth 3Y14.06%
EBIT growth 5Y37.27%
EBIT Next Year44.52%
EBIT Next 3YN/A
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%