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 40 industry peers in the Construction & Engineering industry. While MULTI belongs to the best of the industry regarding profitability, 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.
In the past 5 years MULTI has always been profitable.
MULTI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 11.05%, MULTI belongs to the best of the industry, outperforming 85.00% of the companies in the same industry.
MULTI has a Return On Equity of 33.68%. This is amongst the best in the industry. MULTI outperforms 82.50% of its industry peers.
The Return On Invested Capital of MULTI (21.64%) is better than 90.00% 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 11.40%.
The last Return On Invested Capital (21.64%) for MULTI is above the 3 year average (17.87%), which is a sign of increasing profitability.
| 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
MULTI has a Profit Margin of 7.74%. This is in the better half of the industry: MULTI outperforms 72.50% of its industry peers.
In the last couple of years the Profit Margin of MULTI has grown nicely.
MULTI has a better Operating Margin (10.71%) than 75.00% of its industry peers.
In the last couple of years the Operating Margin of MULTI has grown nicely.
| 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
MULTI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for MULTI remains at a similar level compared to 1 year ago.
Compared to 5 years ago, MULTI has more shares outstanding
Compared to 1 year ago, MULTI has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.66 indicates that MULTI is not in any danger for bankruptcy at the moment.
MULTI's Altman-Z score of 3.66 is amongst the best of the industry. MULTI outperforms 85.00% of its industry peers.
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.
With a decent Debt to FCF ratio value of 1.74, MULTI is doing good in the industry, outperforming 75.00% of the companies in the same industry.
A Debt/Equity ratio of 0.61 indicates that MULTI is somewhat dependend on debt financing.
MULTI's Debt to Equity ratio of 0.61 is in line compared to the rest of the industry. MULTI outperforms 50.00% of its industry peers.
Even though the debt/equity ratio score it not favorable for MULTI, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.61 | ||
| Debt/FCF | 1.74 | ||
| Altman-Z | 3.66 |
ROIC/WACC2.72
WACC7.95%
2.3 Liquidity
A Current Ratio of 0.97 indicates that MULTI may have some problems paying its short term obligations.
With a Current ratio value of 0.97, MULTI is not doing good in the industry: 70.00% of the companies in the same industry are doing better.
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's Quick ratio of 0.78 is on the low side compared to the rest of the industry. MULTI is outperformed by 82.50% of its industry peers.
MULTI does not score too well on the current and quick ratio evaluation. However, as it has 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
MULTI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 64.27%, which is quite impressive.
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.
Looking at the last year, MULTI shows a quite strong growth in Revenue. The Revenue has grown by 12.10% in the last year.
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.
MULTI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.62% yearly.
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
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.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 13.06 indicates a correct valuation of MULTI.
Compared to the rest of the industry, the Price/Earnings ratio of MULTI is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 26.34, MULTI is valued rather cheaply.
The Price/Forward Earnings ratio is 13.18, which indicates a correct valuation of MULTI.
MULTI's Price/Forward Earnings is on the same level as the industry average.
MULTI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.19.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.06 | ||
| Fwd PE | 13.18 |
4.2 Price Multiples
MULTI's Enterprise Value to EBITDA ratio is in line with the industry average.
MULTI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.61 | ||
| EV/EBITDA | 7.65 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MULTI does not grow enough to justify the current Price/Earnings ratio.
MULTI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)6.26
PEG (5Y)0.22
EPS Next 2Y4.23%
EPS Next 3Y6.43%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.00%, MULTI is a good candidate for dividend investing.
MULTI's Dividend Yield is rather good when compared to the industry average which is at 3.59. MULTI pays more dividend than 87.50% of the companies in the same industry.
MULTI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5% |
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 (6/20/2025, 11:08:11 AM)
200
+2 (+1.01%)
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 Cap5.53B
Analysts78.57
Price Target213.18 (6.59%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5% |
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)-1.32%
PT rev (3m)-4.04%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.22%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.06 | ||
| Fwd PE | 13.18 | ||
| P/S | 1.03 | ||
| P/FCF | 9.61 | ||
| P/OCF | 8.24 | ||
| P/B | 4.48 | ||
| P/tB | 93.16 | ||
| EV/EBITDA | 7.65 |
EPS(TTM)15.31
EY7.66%
EPS(NY)15.18
Fwd EY7.59%
FCF(TTM)20.81
FCFY10.4%
OCF(TTM)24.28
OCFY12.14%
SpS194.56
BVpS44.69
TBVpS2.15
PEG (NY)6.26
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 | 3.66 |
F-Score7
WACC7.95%
ROIC/WACC2.72
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%