Multiconsult ASA

LSE:0R8N Stock Report

Market Cap: NOK 5.2b

Multiconsult Valuation

Is 0R8N undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0R8N when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0R8N (NOK191) is trading below our estimate of fair value (NOK526.96)

Significantly Below Fair Value: 0R8N is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0R8N?

Key metric: As 0R8N is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0R8N. This is calculated by dividing 0R8N's market cap by their current earnings.
What is 0R8N's PE Ratio?
PE Ratio11.8x
EarningsNOK 439.53m
Market CapNOK 5.21b

Price to Earnings Ratio vs Peers

How does 0R8N's PE Ratio compare to its peers?

The above table shows the PE ratio for 0R8N vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.9x
DWF DWF Group
25.4x47.9%UK£316.4m
WIL Wilmington
20.6x7.3%UK£353.6m
ELIX Elixirr International
18.6x16.2%UK£341.7m
FNTL Fintel
47.1x34.0%UK£278.2m
0R8N Multiconsult
11.8x-3.1%NOK 5.2b

Price-To-Earnings vs Peers: 0R8N is good value based on its Price-To-Earnings Ratio (11.8x) compared to the peer average (28.8x).

Price to Earnings Ratio vs Industry

How does 0R8N's PE Ratio compare vs other companies in the GB Professional Services Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
IBPO iEnergizer
1.7xn/aUS$140.06m
TEK Tekcapital
1.6xn/aUS$21.81m
No more companies available in this PE range
0R8N 11.8xIndustry Avg. 23.7xNo. of Companies4PE01632486480+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0R8N is good value based on its Price-To-Earnings Ratio (11.8x) compared to the UK Professional Services industry average (23.7x).

Price to Earnings Ratio vs Fair Ratio

What is 0R8N's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0R8N PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 0R8N's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0R8N forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 191.00
NOK 206.00
+7.9%
7.9%NOK 220.00NOK 180.00n/a4
Dec ’25NOK 191.00
NOK 206.00
+7.9%
7.9%NOK 220.00NOK 180.00n/a4
Nov ’25NOK 194.50
NOK 192.50
-1.0%
6.7%NOK 200.00NOK 170.00n/a4
Oct ’25NOK 176.81
NOK 191.25
+8.2%
6.5%NOK 200.00NOK 170.00n/a4
Sep ’25NOK 181.00
NOK 188.33
+4.1%
7.0%NOK 200.00NOK 170.00n/a3
Aug ’25n/a
NOK 163.33
0%
8.0%NOK 175.00NOK 145.00n/a3
Jul ’25NOK 159.00
NOK 163.33
+2.7%
8.0%NOK 175.00NOK 145.00n/a3
Jun ’25NOK 150.00
NOK 160.00
+6.7%
6.8%NOK 170.00NOK 145.00n/a3
May ’25n/a
NOK 151.67
0%
7.8%NOK 160.00NOK 135.00n/a3
Apr ’25NOK 144.50
NOK 151.67
+5.0%
7.8%NOK 160.00NOK 135.00n/a3
Mar ’25NOK 143.01
NOK 151.67
+6.1%
7.8%NOK 160.00NOK 135.00n/a3
Feb ’25n/a
NOK 150.00
0%
7.2%NOK 160.00NOK 135.00n/a3
Jan ’25NOK 122.50
NOK 151.67
+23.8%
5.6%NOK 160.00NOK 140.00n/a3
Dec ’24NOK 119.00
NOK 151.67
+27.5%
5.6%NOK 160.00NOK 140.00NOK 191.003
Nov ’24NOK 126.00
NOK 171.67
+36.2%
14.3%NOK 200.00NOK 140.00NOK 194.503
Oct ’24NOK 135.50
NOK 171.67
+26.7%
14.3%NOK 200.00NOK 140.00NOK 176.813
Sep ’24NOK 140.00
NOK 171.67
+22.6%
14.3%NOK 200.00NOK 140.00NOK 181.003
Aug ’24NOK 153.50
NOK 175.00
+14.0%
16.3%NOK 200.00NOK 135.00n/a3
Jul ’24NOK 154.50
NOK 175.00
+13.3%
16.3%NOK 200.00NOK 135.00NOK 159.003
Jun ’24NOK 159.50
NOK 175.00
+9.7%
16.3%NOK 200.00NOK 135.00NOK 150.003
May ’24NOK 148.50
NOK 156.67
+5.5%
10.5%NOK 175.00NOK 135.00n/a3
Apr ’24NOK 147.60
NOK 155.00
+5.0%
9.5%NOK 170.00NOK 135.00NOK 144.503
Mar ’24NOK 145.00
NOK 147.50
+1.7%
8.5%NOK 160.00NOK 135.00NOK 143.012
Feb ’24NOK 132.80
NOK 147.50
+11.1%
8.5%NOK 160.00NOK 135.00n/a2
Jan ’24NOK 134.00
NOK 147.50
+10.1%
8.5%NOK 160.00NOK 135.00NOK 122.502
Dec ’23NOK 134.80
NOK 147.50
+9.4%
8.5%NOK 160.00NOK 135.00NOK 119.002

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 12:26
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Multiconsult ASA is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Martin MelbyeABG Sundal Collier
Mikkel Nyholt-SmedsengCarnegie Investment Bank AB
Simen MortensenDNB Markets