MULTICONSULT ASA (MULTI.OL) Stock Fundamental Analysis

Europe Euronext Oslo OSL:MULTI • NO0010734338

172 NOK
+2.5 (+1.47%)
Last: Feb 6, 2026, 07:00 PM
Fundamental Rating

5

MULTI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 44 industry peers in the Construction & Engineering industry. MULTI has an average financial health and profitability rating. MULTI has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year MULTI was profitable.
  • In the past year MULTI had a positive cash flow from operations.
  • In the past 5 years MULTI has always been profitable.
  • 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 200M 400M 600M

1.2 Ratios

  • The Return On Assets of MULTI (7.62%) is better than 78.57% of its industry peers.
  • The Return On Equity of MULTI (28.03%) is better than 71.43% of its industry peers.
  • MULTI's Return On Invested Capital of 15.55% is amongst the best of the industry. MULTI outperforms 80.95% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for MULTI is significantly above the industry average of 11.41%.
Industry RankSector Rank
ROA 7.62%
ROE 28.03%
ROIC 15.56%
ROA(3y)9.77%
ROA(5y)9.24%
ROE(3y)31.65%
ROE(5y)30.95%
ROIC(3y)17.87%
ROIC(5y)18.01%
MULTI.OL Yearly ROA, ROE, ROICMULTI.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

1.3 Margins

  • MULTI's Profit Margin of 5.42% is in line compared to the rest of the industry. MULTI outperforms 59.52% of its industry peers.
  • In the last couple of years the Profit Margin of MULTI has grown nicely.
  • MULTI's Operating Margin of 7.39% is in line compared to the rest of the industry. MULTI outperforms 50.00% of its industry peers.
  • MULTI's Operating Margin has improved in the last couple of years.
Industry RankSector Rank
OM 7.39%
PM (TTM) 5.42%
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
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 2 4 6 8 10

5

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.
  • The number of shares outstanding for MULTI has been increased compared to 5 years ago.
  • MULTI has a better debt/assets ratio than last year.
MULTI.OL Yearly Shares OutstandingMULTI.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 1B 2B 3B

2.2 Solvency

  • An Altman-Z score of 3.14 indicates that MULTI is not in any danger for bankruptcy at the moment.
  • MULTI has a better Altman-Z score (3.14) than 80.95% of its industry peers.
  • MULTI has a debt to FCF ratio of 4.81. This is a neutral value as MULTI would need 4.81 years to pay back of all of its debts.
  • MULTI has a Debt to FCF ratio of 4.81. This is in the better half of the industry: MULTI outperforms 66.67% of its industry peers.
  • MULTI has a Debt/Equity ratio of 0.83. This is a neutral value indicating MULTI is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.83, MULTI perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.83
Debt/FCF 4.81
Altman-Z 3.14
ROIC/WACC1.97
WACC7.9%
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 200M 400M 600M 800M 1B

2.3 Liquidity

  • A Current Ratio of 1.01 indicates that MULTI should not have too much problems paying its short term obligations.
  • MULTI has a worse Current ratio (1.01) than 61.90% of its industry peers.
  • A Quick Ratio of 0.75 indicates that MULTI may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.75, MULTI is doing worse than 88.10% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.01
Quick Ratio 0.75
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 500M 1B 1.5B

4

3. Growth

3.1 Past

  • The earnings per share for MULTI have decreased strongly by -25.63% in the last year.
  • MULTI shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 60.54% yearly.
  • The Revenue has been growing slightly by 5.23% in the past year.
  • MULTI shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.40% yearly.
EPS 1Y (TTM)-25.63%
EPS 3Y17.24%
EPS 5Y60.54%
EPS Q2Q%-22.1%
Revenue 1Y (TTM)5.23%
Revenue growth 3Y12.28%
Revenue growth 5Y9.4%
Sales Q2Q%6.51%

3.2 Future

  • Based on estimates for the next years, MULTI will show a small growth in Earnings Per Share. The EPS will grow by 3.80% on average per year.
  • MULTI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.88% yearly.
EPS Next Y-23.81%
EPS Next 2Y-0.36%
EPS Next 3Y3.8%
EPS Next 5YN/A
Revenue Next Year2.39%
Revenue Next 2Y5.38%
Revenue Next 3Y5.88%
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.
  • 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.
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 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

4

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 15.64, the valuation of MULTI can be described as correct.
  • MULTI's Price/Earnings is on the same level as the industry average.
  • MULTI is valuated rather cheaply when we compare the Price/Earnings ratio to 27.93, which is the current average of the S&P500 Index.
  • MULTI is valuated correctly with a Price/Forward Earnings ratio of 12.40.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of MULTI indicates a somewhat cheap valuation: MULTI is cheaper than 61.90% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 27.77. MULTI is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 15.64
Fwd PE 12.4
MULTI.OL Price Earnings VS Forward Price EarningsMULTI.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • MULTI's Enterprise Value to EBITDA is on the same level as the industry average.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of MULTI is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 15.91
EV/EBITDA 9.24
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

  • MULTI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.26
EPS Next 2Y-0.36%
EPS Next 3Y3.8%

6

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 5.88%, MULTI is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 2.45, MULTI pays a better dividend. On top of this MULTI pays more dividend than 95.24% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.81, MULTI pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.88%

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

  • MULTI pays out 91.58% 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.
DP91.58%
EPS Next 2Y-0.36%
EPS Next 3Y3.8%
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 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 (2/6/2026, 7:00:00 PM)

172

+2.5 (+1.47%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)11-04
Earnings (Next)02-10
Inst Owners34.13%
Inst Owner ChangeN/A
Ins Owners3.09%
Ins Owner ChangeN/A
Market Cap4.76B
Revenue(TTM)5.58B
Net Income(TTM)302.51M
Analysts81.82
Price Target196.52 (14.26%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 5.88%
Yearly Dividend8
Dividend Growth(5Y)39.77%
DP91.58%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-33.51%
Min EPS beat(2)-44.36%
Max EPS beat(2)-22.66%
EPS beat(4)0
Avg EPS beat(4)-29.14%
Min EPS beat(4)-44.36%
Max EPS beat(4)-19.54%
EPS beat(8)4
Avg EPS beat(8)1.53%
EPS beat(12)6
Avg EPS beat(12)-0.04%
EPS beat(16)10
Avg EPS beat(16)7.01%
Revenue beat(2)0
Avg Revenue beat(2)-3.78%
Min Revenue beat(2)-4.14%
Max Revenue beat(2)-3.41%
Revenue beat(4)0
Avg Revenue beat(4)-5.29%
Min Revenue beat(4)-7.48%
Max Revenue beat(4)-3.41%
Revenue beat(8)3
Avg Revenue beat(8)-1.15%
Revenue beat(12)6
Avg Revenue beat(12)-0.7%
Revenue beat(16)6
Avg Revenue beat(16)-1.76%
PT rev (1m)-2.36%
PT rev (3m)-6.81%
EPS NQ rev (1m)-8.12%
EPS NQ rev (3m)-3.61%
EPS NY rev (1m)0.96%
EPS NY rev (3m)-16.64%
Revenue NQ rev (1m)-0.8%
Revenue NQ rev (3m)-3.13%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.51%
Valuation
Industry RankSector Rank
PE 15.64
Fwd PE 12.4
P/S 0.85
P/FCF 15.91
P/OCF 12.86
P/B 4.41
P/tB N/A
EV/EBITDA 9.24
EPS(TTM)11
EY6.4%
EPS(NY)13.87
Fwd EY8.06%
FCF(TTM)10.81
FCFY6.28%
OCF(TTM)13.37
OCFY7.77%
SpS201.63
BVpS39
TBVpS-4.21
PEG (NY)N/A
PEG (5Y)0.26
Graham Number98.24
Profitability
Industry RankSector Rank
ROA 7.62%
ROE 28.03%
ROCE 19.39%
ROIC 15.56%
ROICexc 15.76%
ROICexgc 36.63%
OM 7.39%
PM (TTM) 5.42%
GM N/A
FCFM 5.36%
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%
ROICexgc growth 3Y10.96%
ROICexgc 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-Score6
Asset Turnover1.41
Health
Industry RankSector Rank
Debt/Equity 0.83
Debt/FCF 4.81
Debt/EBITDA 1.35
Cap/Depr 27.77%
Cap/Sales 1.27%
Interest Coverage 5.97
Cash Conversion 55.4%
Profit Quality 98.86%
Current Ratio 1.01
Quick Ratio 0.75
Altman-Z 3.14
F-Score6
WACC7.9%
ROIC/WACC1.97
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)-25.63%
EPS 3Y17.24%
EPS 5Y60.54%
EPS Q2Q%-22.1%
EPS Next Y-23.81%
EPS Next 2Y-0.36%
EPS Next 3Y3.8%
EPS Next 5YN/A
Revenue 1Y (TTM)5.23%
Revenue growth 3Y12.28%
Revenue growth 5Y9.4%
Sales Q2Q%6.51%
Revenue Next Year2.39%
Revenue Next 2Y5.38%
Revenue Next 3Y5.88%
Revenue Next 5YN/A
EBIT growth 1Y-30.69%
EBIT growth 3Y13.93%
EBIT growth 5Y37.18%
EBIT Next Year21.52%
EBIT Next 3Y14.42%
EBIT Next 5YN/A
FCF growth 1Y-20.58%
FCF growth 3Y11.27%
FCF growth 5Y25.44%
OCF growth 1Y-20.34%
OCF growth 3Y13.57%
OCF growth 5Y22.03%

MULTICONSULT ASA / MULTI.OL FAQ

What is the fundamental rating for MULTI stock?

ChartMill assigns a fundamental rating of 5 / 10 to MULTI.OL.


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

ChartMill assigns a valuation rating of 4 / 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 6 / 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 decline by -23.81% in the next year.


Is the dividend of MULTICONSULT ASA sustainable?

The dividend rating of MULTICONSULT ASA (MULTI.OL) is 6 / 10 and the dividend payout ratio is 91.58%.