MULTITUDE AG (MULT.DE) Stock Fundamental Analysis

Europe • Frankfurt Stock Exchange • FRA:MULT • CH1398992755

6.43 EUR
+0.02 (+0.31%)
Last: Feb 6, 2026, 07:00 PM
Fundamental Rating

4

MULT gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 8 industry peers in the Consumer Finance industry. MULT has a medium profitability rating, but doesn't score so well on its financial health evaluation. MULT may be a bit undervalued, certainly considering the very reasonable score on growth MULT also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • In the past year MULT was profitable.
  • In the past year MULT had a positive cash flow from operations.
  • MULT had positive earnings in 4 of the past 5 years.
  • In multiple years MULT reported negative operating cash flow during the last 5 years.
MULT.DE Yearly Net Income VS EBIT VS OCF VS FCFMULT.DE 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 0 50M -50M 100M 150M

1.2 Ratios

  • MULT has a Return On Assets of 1.77%. This is comparable to the rest of the industry: MULT outperforms 50.00% of its industry peers.
  • MULT has a Return On Equity of 11.68%. This is in the better half of the industry: MULT outperforms 62.50% of its industry peers.
  • With a decent Return On Invested Capital value of 2.13%, MULT is doing good in the industry, outperforming 62.50% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for MULT is in line with the industry average of 4.67%.
Industry RankSector Rank
ROA 1.77%
ROE 11.68%
ROIC 2.13%
ROA(3y)1.16%
ROA(5y)0.55%
ROE(3y)5.95%
ROE(5y)2.87%
ROIC(3y)3.37%
ROIC(5y)3.5%
MULT.DE Yearly ROA, ROE, ROICMULT.DE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15

1.3 Margins

  • MULT has a Profit Margin (11.17%) which is in line with its industry peers.
  • MULT's Profit Margin has declined in the last couple of years.
  • MULT's Operating Margin of 15.13% is fine compared to the rest of the industry. MULT outperforms 62.50% of its industry peers.
  • MULT's Operating Margin has declined in the last couple of years.
  • MULT's Gross Margin of 104.75% is amongst the best of the industry. MULT outperforms 100.00% of its industry peers.
Industry RankSector Rank
OM 15.13%
PM (TTM) 11.17%
GM 104.75%
OM growth 3Y-4.66%
OM growth 5Y-4.42%
PM growth 3YN/A
PM growth 5Y-3.81%
GM growth 3YN/A
GM growth 5YN/A
MULT.DE Yearly Profit, Operating, Gross MarginsMULT.DE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80 100

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • MULT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • MULT has about the same amout of shares outstanding than it did 1 year ago.
  • The number of shares outstanding for MULT has been increased compared to 5 years ago.
  • The debt/assets ratio for MULT is higher compared to a year ago.
MULT.DE Yearly Shares OutstandingMULT.DE Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 5M 10M 15M 20M
MULT.DE Yearly Total Debt VS Total AssetsMULT.DE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

  • Based on the Altman-Z score of 0.45, we must say that MULT is in the distress zone and has some risk of bankruptcy.
  • The Altman-Z score of MULT (0.45) is better than 75.00% of its industry peers.
  • The Debt to FCF ratio of MULT is 14.03, which is on the high side as it means it would take MULT, 14.03 years of fcf income to pay off all of its debts.
  • MULT has a Debt to FCF ratio of 14.03. This is in the lower half of the industry: MULT underperforms 62.50% of its industry peers.
  • A Debt/Equity ratio of 4.42 is on the high side and indicates that MULT has dependencies on debt financing.
  • MULT's Debt to Equity ratio of 4.42 is on the low side compared to the rest of the industry. MULT is outperformed by 75.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 4.42
Debt/FCF 14.03
Altman-Z 0.45
ROIC/WACC0.29
WACC7.43%
MULT.DE Yearly LT Debt VS Equity VS FCFMULT.DE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M 150M

2.3 Liquidity

  • MULT has a Current Ratio of 1.04. This is a normal value and indicates that MULT is financially healthy and should not expect problems in meeting its short term obligations.
  • MULT has a Current ratio of 1.04. This is in the better half of the industry: MULT outperforms 75.00% of its industry peers.
  • A Quick Ratio of 1.04 indicates that MULT should not have too much problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 1.04, MULT is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.04
Quick Ratio 1.04
MULT.DE Yearly Current Assets VS Current LiabilitesMULT.DE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • MULT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 58.06%, which is quite impressive.
  • The Earnings Per Share has been decreasing by -9.53% on average over the past years.
  • Looking at the last year, MULT shows a very negative growth in Revenue. The Revenue has decreased by -26.24% in the last year.
  • The Revenue has been decreasing by -5.52% on average over the past years.
EPS 1Y (TTM)58.06%
EPS 3YN/A
EPS 5Y-9.53%
EPS Q2Q%35.4%
Revenue 1Y (TTM)-26.24%
Revenue growth 3Y2.61%
Revenue growth 5Y-5.52%
Sales Q2Q%-2.68%

3.2 Future

  • Based on estimates for the next years, MULT will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.68% on average per year.
  • Based on estimates for the next years, MULT will show a small growth in Revenue. The Revenue will grow by 3.65% on average per year.
EPS Next Y23.67%
EPS Next 2Y20.71%
EPS Next 3Y19.68%
EPS Next 5YN/A
Revenue Next Year2.63%
Revenue Next 2Y2.93%
Revenue Next 3Y3.65%
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 accelerating: in the next years the growth will be better than in the last years.
MULT.DE Yearly Revenue VS EstimatesMULT.DE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 100M 200M 300M
MULT.DE Yearly EPS VS EstimatesMULT.DE Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 1

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 6.12 indicates a rather cheap valuation of MULT.
  • 100.00% of the companies in the same industry are more expensive than MULT, based on the Price/Earnings ratio.
  • When comparing the Price/Earnings ratio of MULT to the average of the S&P500 Index (27.92), we can say MULT is valued rather cheaply.
  • MULT is valuated cheaply with a Price/Forward Earnings ratio of 5.30.
  • MULT's Price/Forward Earnings ratio is rather cheap when compared to the industry. MULT is cheaper than 87.50% of the companies in the same industry.
  • MULT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.78.
Industry RankSector Rank
PE 6.12
Fwd PE 5.3
MULT.DE Price Earnings VS Forward Price EarningsMULT.DE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Price/Free Cash Flow ratio, MULT is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 2.2
EV/EBITDA -3.58
MULT.DE Per share dataMULT.DE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

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.
  • MULT's earnings are expected to grow with 19.68% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.26
PEG (5Y)N/A
EPS Next 2Y20.71%
EPS Next 3Y19.68%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 3.79%, MULT has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 1.76, MULT pays a better dividend. On top of this MULT pays more dividend than 87.50% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.83, MULT pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.79%

5.2 History

  • The dividend of MULT has a limited annual growth rate of 0.74%.
Dividend Growth(5Y)0.74%
Div Incr Years0
Div Non Decr Years0
MULT.DE Yearly Dividends per shareMULT.DE Yearly Dividends per shareYearly Dividends per share 2025 0.1 0.2 0.3 0.4

5.3 Sustainability

  • 40.13% of the earnings are spent on dividend by MULT. This is a bit on the high side, but may be sustainable.
  • MULT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP40.13%
EPS Next 2Y20.71%
EPS Next 3Y19.68%
MULT.DE Yearly Income VS Free CF VS DividendMULT.DE Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M
MULT.DE Dividend Payout.MULT.DE Dividend Payout, showing the Payout Ratio.MULT.DE Dividend Payout.PayoutRetained Earnings

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MULTITUDE AG

FRA:MULT (2/6/2026, 7:00:00 PM)

6.43

+0.02 (+0.31%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryConsumer Finance
Earnings (Last)11-13
Earnings (Next)N/A
Inst Owners23.88%
Inst Owner ChangeN/A
Ins Owners60.74%
Ins Owner ChangeN/A
Market Cap139.66M
Revenue(TTM)210.18M
Net Income(TTM)23.48M
Analysts84
Price Target11.02 (71.38%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.79%
Yearly Dividend0.19
Dividend Growth(5Y)0.74%
DP40.13%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.91%
Min EPS beat(2)-20.24%
Max EPS beat(2)26.05%
EPS beat(4)2
Avg EPS beat(4)9.92%
Min EPS beat(4)-20.24%
Max EPS beat(4)39.32%
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)-1.54%
Min Revenue beat(2)-16.5%
Max Revenue beat(2)13.41%
Revenue beat(4)2
Avg Revenue beat(4)1.24%
Min Revenue beat(4)-16.5%
Max Revenue beat(4)13.61%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-0.23%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-30.43%
EPS NY rev (1m)-6.48%
EPS NY rev (3m)-1.94%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.77%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.78%
Valuation
Industry RankSector Rank
PE 6.12
Fwd PE 5.3
P/S 0.66
P/FCF 2.2
P/OCF 1.82
P/B 0.69
P/tB 0.84
EV/EBITDA -3.58
EPS(TTM)1.05
EY16.33%
EPS(NY)1.21
Fwd EY18.88%
FCF(TTM)2.92
FCFY45.48%
OCF(TTM)3.53
OCFY54.87%
SpS9.68
BVpS9.25
TBVpS7.66
PEG (NY)0.26
PEG (5Y)N/A
Graham Number14.78
Profitability
Industry RankSector Rank
ROA 1.77%
ROE 11.68%
ROCE 6.17%
ROIC 2.13%
ROICexc 2.95%
ROICexgc 3.06%
OM 15.13%
PM (TTM) 11.17%
GM 104.75%
FCFM 30.22%
ROA(3y)1.16%
ROA(5y)0.55%
ROE(3y)5.95%
ROE(5y)2.87%
ROIC(3y)3.37%
ROIC(5y)3.5%
ROICexc(3y)3.77%
ROICexc(5y)4.73%
ROICexgc(3y)3.93%
ROICexgc(5y)5.08%
ROCE(3y)8.29%
ROCE(5y)8.37%
ROICexgc growth 3Y-31.02%
ROICexgc growth 5Y-27.43%
ROICexc growth 3Y-29.58%
ROICexc growth 5Y-26.49%
OM growth 3Y-4.66%
OM growth 5Y-4.42%
PM growth 3YN/A
PM growth 5Y-3.81%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.16
Health
Industry RankSector Rank
Debt/Equity 4.42
Debt/FCF 14.03
Debt/EBITDA 19.81
Cap/Depr 100.56%
Cap/Sales 6.24%
Interest Coverage 0.85
Cash Conversion 170.92%
Profit Quality 270.6%
Current Ratio 1.04
Quick Ratio 1.04
Altman-Z 0.45
F-Score6
WACC7.43%
ROIC/WACC0.29
Cap/Depr(3y)78.78%
Cap/Depr(5y)79.38%
Cap/Sales(3y)5.2%
Cap/Sales(5y)5.33%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)58.06%
EPS 3YN/A
EPS 5Y-9.53%
EPS Q2Q%35.4%
EPS Next Y23.67%
EPS Next 2Y20.71%
EPS Next 3Y19.68%
EPS Next 5YN/A
Revenue 1Y (TTM)-26.24%
Revenue growth 3Y2.61%
Revenue growth 5Y-5.52%
Sales Q2Q%-2.68%
Revenue Next Year2.63%
Revenue Next 2Y2.93%
Revenue Next 3Y3.65%
Revenue Next 5YN/A
EBIT growth 1Y101.99%
EBIT growth 3Y-2.17%
EBIT growth 5Y-9.7%
EBIT Next Year64.99%
EBIT Next 3Y23.63%
EBIT Next 5Y11.06%
FCF growth 1Y65.67%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y59.29%
OCF growth 3YN/A
OCF growth 5YN/A

MULTITUDE AG / MULT.DE FAQ

What is the fundamental rating for MULT stock?

ChartMill assigns a fundamental rating of 4 / 10 to MULT.DE.


What is the valuation status of MULTITUDE AG (MULT.DE) stock?

ChartMill assigns a valuation rating of 7 / 10 to MULTITUDE AG (MULT.DE). This can be considered as Undervalued.


What is the profitability of MULT stock?

MULTITUDE AG (MULT.DE) has a profitability rating of 4 / 10.


What is the valuation of MULTITUDE AG based on its PE and PB ratios?

The Price/Earnings (PE) ratio for MULTITUDE AG (MULT.DE) is 6.12 and the Price/Book (PB) ratio is 0.69.


What is the earnings growth outlook for MULTITUDE AG?

The Earnings per Share (EPS) of MULTITUDE AG (MULT.DE) is expected to grow by 23.67% in the next year.