MULTICONSULT ASA (MULTI.OL) Stock Fundamental Analysis
OSL:MULTI - Euronext Oslo - NO0010734338 - Common Stock - Currency: NOK
Overall MULTI gets a fundamental rating of 6 out of 10. We evaluated MULTI against 42 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 correct valuation and a medium growth rate. MULTI also has an excellent dividend rating. These ratings would make MULTI suitable for dividend investing!
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.
MULTI had positive earnings in each of the past 5 years.
Each year in the past 5 years MULTI had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 11.05%, MULTI belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
The Return On Equity of MULTI (33.68%) is better than 83.33% of its industry peers.
MULTI's Return On Invested Capital of 21.64% is amongst the best of the industry. MULTI outperforms 92.86% of its industry peers.
MULTI had an Average Return On Invested Capital over the past 3 years of 17.87%. This is significantly above the industry average of 10.76%.
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
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.
MULTI's Profit Margin has improved in the last couple of years.
The Operating Margin of MULTI (10.71%) is better 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
MULTI has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it 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
Compared to 1 year ago, MULTI has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.75 indicates that MULTI is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.75, MULTI belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
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.
MULTI's Debt to FCF ratio of 1.74 is fine compared to the rest of the industry. MULTI outperforms 76.19% of its industry peers.
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 comparable to the rest of the industry.
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 | 3.75 |
ROIC/WACC2.68
WACC8.07%
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: 69.05% 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.
Looking at the Quick ratio, with a value of 0.78, MULTI is doing worse than 78.57% of the companies in the same industry.
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.
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
A Price/Earnings ratio of 13.91 indicates a correct valuation of MULTI.
MULTI's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 27.48. MULTI is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 14.04, MULTI is valued correctly.
MULTI's Price/Forward Earnings is on the same level as the industry average.
MULTI's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.52.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.91 | ||
| Fwd PE | 14.04 |
4.2 Price Multiples
MULTI's Enterprise Value to EBITDA is on the same level as the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as MULTI.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.24 | ||
| EV/EBITDA | 8.09 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
MULTI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)6.67
PEG (5Y)0.23
EPS Next 2Y4.23%
EPS Next 3Y6.43%
5. Dividend
5.1 Amount
MULTI has a Yearly Dividend Yield of 4.78%, which is a nice return.
MULTI's Dividend Yield is a higher than the industry average which is at 4.35.
Compared to an average S&P500 Dividend Yield of 2.34, MULTI pays a better dividend.
| 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 (7/18/2025, 1:21:32 PM)
213
+2 (+0.95%)
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 Cap5.89B
Analysts78.57
Price Target213.18 (0.08%)
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 | 13.91 | ||
| Fwd PE | 14.04 | ||
| P/S | 1.09 | ||
| P/FCF | 10.24 | ||
| P/OCF | 8.77 | ||
| P/B | 4.77 | ||
| P/tB | 99.21 | ||
| EV/EBITDA | 8.09 |
EPS(TTM)15.31
EY7.19%
EPS(NY)15.18
Fwd EY7.12%
FCF(TTM)20.81
FCFY9.77%
OCF(TTM)24.28
OCFY11.4%
SpS194.56
BVpS44.69
TBVpS2.15
PEG (NY)6.67
PEG (5Y)0.23
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 | 3.75 |
F-Score7
WACC8.07%
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%