MULTICONSULT ASA (MULTI.OL) Stock Fundamental Analysis
OSL:MULTI - Euronext Oslo - NO0010734338 - Common Stock - Currency: NOK
Overall MULTI gets a fundamental rating of 7 out of 10. We evaluated MULTI against 41 industry peers in the Construction & Engineering industry. MULTI has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. MULTI has a correct valuation and a medium growth rate. Finally MULTI also has an excellent dividend rating. These ratings would make MULTI suitable for dividend and quality investing!
1. Profitability
1.1 Basic Checks
MULTI had positive earnings in the past year.
MULTI had a positive operating cash flow in the past year.
Each year in the past 5 years MULTI has been profitable.
Each year in the past 5 years MULTI had a positive operating cash flow.
1.2 Ratios
MULTI has a better Return On Assets (11.05%) than 85.37% of its industry peers.
With an excellent Return On Equity value of 33.68%, MULTI belongs to the best of the industry, outperforming 82.93% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 21.64%, MULTI belongs to the top of the industry, outperforming 95.12% of the companies in the same industry.
MULTI had an Average Return On Invested Capital over the past 3 years of 17.87%. This is significantly above the industry average of 10.42%.
The 3 year average ROIC (17.87%) 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)17.87%
ROIC(5y)18.01%
1.3 Margins
MULTI has a better Profit Margin (7.74%) than 75.61% of its industry peers.
In the last couple of years the Profit Margin of MULTI has grown nicely.
With an excellent Operating Margin value of 10.71%, MULTI belongs to the best of the industry, outperforming 80.49% 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 3Y1.47%
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.
MULTI has about the same amout of shares outstanding than it did 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 3.67 indicates that MULTI is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.67, MULTI belongs to the top of the industry, outperforming 85.37% of the companies in the same industry.
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.
The Debt to FCF ratio of MULTI (1.74) is better than 82.93% of its industry peers.
A Debt/Equity ratio of 0.61 indicates that MULTI is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.61, MULTI is in line with its industry, outperforming 48.78% of the companies in the same 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 | 3.67 |
ROIC/WACC2.72
WACC7.95%
2.3 Liquidity
MULTI has a Current 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 Current ratio (0.97) than 65.85% of its industry peers.
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.
The Quick ratio of MULTI (0.78) is worse than 75.61% of its industry peers.
The current and quick ratio evaluation for MULTI is rather negative, while it does have 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.
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 grown by 12.10% in the past year. This is quite good.
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)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.
Based on estimates for the next years, MULTI will show a small growth in Revenue. The Revenue will grow by 5.62% on average per year.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
The Price/Earnings ratio is 13.19, which indicates a correct valuation of MULTI.
60.98% of the companies in the same industry are more expensive than MULTI, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.17. MULTI is valued slightly cheaper when compared to this.
The Price/Forward Earnings ratio is 13.31, which indicates a correct valuation of MULTI.
MULTI's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.10. MULTI is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.19 | ||
| Fwd PE | 13.31 |
4.2 Price Multiples
MULTI's Enterprise Value to EBITDA ratio is in line with the industry average.
Based on the Price/Free Cash Flow ratio, MULTI is valued a bit cheaper than 73.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.71 | ||
| EV/EBITDA | 7.67 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The excellent profitability rating of MULTI may justify a higher PE ratio.
PEG (NY)6.33
PEG (5Y)0.22
EPS Next 2Y4.23%
EPS Next 3Y6.43%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.24%, MULTI is a good candidate for dividend investing.
MULTI's Dividend Yield is rather good when compared to the industry average which is at 4.05. MULTI pays more dividend than 92.68% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, MULTI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.24% |
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 2Y4.23%
EPS Next 3Y6.43%
OSL:MULTI (5/28/2025, 7:00:00 PM)
202
+3.5 (+1.76%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners28.89%
Inst Owner ChangeN/A
Ins Owners3.5%
Ins Owner ChangeN/A
Market Cap5.59B
Analysts78.57
Price Target216.04 (6.95%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.24% |
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)-2.75%
PT rev (3m)-2.75%
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 | 13.19 | ||
| Fwd PE | 13.31 | ||
| P/S | 1.04 | ||
| P/FCF | 9.71 | ||
| P/OCF | 8.32 | ||
| P/B | 4.52 | ||
| P/tB | 94.09 | ||
| EV/EBITDA | 7.67 |
EPS(TTM)15.31
EY7.58%
EPS(NY)15.18
Fwd EY7.51%
FCF(TTM)20.81
FCFY10.3%
OCF(TTM)24.28
OCFY12.02%
SpS194.56
BVpS44.69
TBVpS2.15
PEG (NY)6.33
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 | 3.67 |
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%