Loading...
MULTI logo

Multiconsult ASAOB:MULTI Stock Report

Market Cap NOK 4.4b
Share Price
NOK 160.00
NOK 178
10.1% undervalued intrinsic discount
1Y-13.0%
7D-0.4%
Portfolio Value
View

Multiconsult ASA

OB:MULTI Stock Report

Market Cap: NOK 4.4b

Multiconsult (MULTI) Stock Overview

Engages in the provision of engineering design, consultancy, and architecture services in Norway, Sweden, Denmark, Poland, and internationally. More details

MULTI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends4/6

MULTI Community Fair Values

Create Narrative

See what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.

Multiconsult ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Multiconsult
Historical stock prices
Current Share PriceNOK 160.00
52 Week HighNOK 221.00
52 Week LowNOK 150.00
Beta0.11
1 Month Change-3.26%
3 Month Change4.92%
1 Year Change-13.04%
3 Year Change-3.90%
5 Year Change-11.60%
Change since IPO72.51%

Recent News & Updates

Analysis Article May 15

Multiconsult ASA Just Missed Earnings - But Analysts Have Updated Their Models

Last week, you might have seen that Multiconsult ASA ( OB:MULTI ) released its first-quarter result to the market. The...
Narrative Update Apr 28

MULTI: Defence And Water Contracts Will Support Attractive Forward Earnings Multiple

Analysts now set their fair value estimate for Multiconsult at NOK 178, up from NOK 170, reflecting updated views on discount rate, revenue growth, profit margin and an implied forward P/E of 14.53x versus 13.34x previously. What's in the News The board plans to propose a dividend of NOK 5.00 per share for the 2025 financial year to the annual general meeting on 16 April 2026, with payment conditioned on shareholder approval (Key Developments).
Narrative Update Apr 13

MULTI: Defence And Water Contracts Plus CEO Transition Will Shape Steady Outlook

Analysts have kept their Multiconsult price target flat at NOK170, with only marginal tweaks to the discount rate, revenue growth, profit margin and forward P/E assumptions. This signals that the latest review did not materially alter their overall valuation view.

Recent updates

Analysis Article May 15

Multiconsult ASA Just Missed Earnings - But Analysts Have Updated Their Models

Last week, you might have seen that Multiconsult ASA ( OB:MULTI ) released its first-quarter result to the market. The...
Narrative Update Apr 28

MULTI: Defence And Water Contracts Will Support Attractive Forward Earnings Multiple

Analysts now set their fair value estimate for Multiconsult at NOK 178, up from NOK 170, reflecting updated views on discount rate, revenue growth, profit margin and an implied forward P/E of 14.53x versus 13.34x previously. What's in the News The board plans to propose a dividend of NOK 5.00 per share for the 2025 financial year to the annual general meeting on 16 April 2026, with payment conditioned on shareholder approval (Key Developments).
Narrative Update Apr 13

MULTI: Defence And Water Contracts Plus CEO Transition Will Shape Steady Outlook

Analysts have kept their Multiconsult price target flat at NOK170, with only marginal tweaks to the discount rate, revenue growth, profit margin and forward P/E assumptions. This signals that the latest review did not materially alter their overall valuation view.
Narrative Update Mar 29

MULTI: Defence And Water Contracts Plus CEO Transition Will Support Steady Outlook

Analysts have kept their NOK 170 price target for Multiconsult unchanged, citing only very small adjustments in assumptions such as the discount rate, revenue growth, profit margin and future P/E as reasons for maintaining their view. What's in the News Multiconsult Norge AS is nominated for contract C06141 with the Norwegian Defence Estates Agency for security classified multidisciplinary design and consultancy services for technically complex facilities across Norway.
Narrative Update Mar 13

MULTI: Defence And Water Framework Wins Plus CEO Transition Will Support Steady Outlook

Analysts have kept their Multiconsult price target broadly unchanged at NOK 170. This reflects only small tweaks to their discount rate and long term assumptions for revenue growth, profit margins and future P/E multiples.
Narrative Update Feb 26

MULTI: Defence Framework Win And CEO Transition Will Support Steady Outlook

Analysts have trimmed their fair value estimate for Multiconsult to NOK 170 from NOK 185, reflecting a slightly higher discount rate and marginally softer profit margin and forward P/E assumptions in their updated model. What's in the News The board plans to propose a dividend of NOK 5.00 per share for the 2025 financial year at the annual general meeting on 16 April 2026, with an ex date of 17 April 2026 and expected payment on or around 27 April 2026, subject to shareholder approval (company announcement).
Analysis Article Feb 13

Multiconsult's (OB:MULTI) Shareholders Will Receive A Smaller Dividend Than Last Year

Multiconsult ASA ( OB:MULTI ) has announced that on 27th of April, it will be paying a dividend ofNOK5.00, which a...
Narrative Update Feb 12

MULTI: Defence Contract And New Leadership Will Support Future Earnings

Analysts have trimmed their Multiconsult price target from NOK 190 to NOK 185, reflecting updated assumptions for slightly higher discount rates, more measured revenue growth, modestly lower profit margins, and a higher future P/E multiple. What's in the News The board plans to propose a dividend of NOK 5.00 per share for the 2025 financial year at the annual general meeting scheduled for 16 April 2026.
Narrative Update Jan 28

MULTI: Defence Framework Win And CEO Transition Will Support Earnings Profile

Analysts have trimmed their price target on Multiconsult from Nkr199.33 to Nkr190.00, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E, which temper the near term valuation while still reflecting the company’s underlying earnings profile. What's in the News Board appoints Karsten Warloe as CEO of Multiconsult ASA, effective 1 June 2026.
Analysis Article Apr 02

Multiconsult's (OB:MULTI) Shareholders Will Receive A Bigger Dividend Than Last Year

Multiconsult ASA ( OB:MULTI ) will increase its dividend from last year's comparable payment on the 24th of April to...
Analysis Article Mar 19

Multiconsult's (OB:MULTI) Upcoming Dividend Will Be Larger Than Last Year's

Multiconsult ASA ( OB:MULTI ) has announced that it will be increasing its dividend from last year's comparable payment...
User avatar
New Narrative Mar 09

Order Backlog And Energy Focus To Drive Future Opportunities

Strong operational efficiency and a record order backlog suggest potential for robust revenue growth and earnings stability.
Analysis Article Feb 19

Solid Earnings Reflect Multiconsult's (OB:MULTI) Strength As A Business

Multiconsult ASA ( OB:MULTI ) just reported healthy earnings but the stock price didn't move much. We think that...
Analysis Article Feb 15

Multiconsult (OB:MULTI) Is Increasing Its Dividend To NOK10.00

Multiconsult ASA ( OB:MULTI ) will increase its dividend from last year's comparable payment on the 1st of January to...
Analysis Article Nov 09

Multiconsult ASA Just Beat EPS By 113%: Here's What Analysts Think Will Happen Next

A week ago, Multiconsult ASA ( OB:MULTI ) came out with a strong set of third-quarter numbers that could potentially...
Analysis Article Aug 24

Multiconsult ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

It's been a pretty great week for Multiconsult ASA ( OB:MULTI ) shareholders, with its shares surging 11% to kr178 in...
Analysis Article Mar 14

Multiconsult's (OB:MULTI) Dividend Will Be Reduced To NOK8.00

Multiconsult ASA's ( OB:MULTI ) dividend is being reduced from last year's payment covering the same period to NOK8.00...
Analysis Article Feb 09

Multiconsult (OB:MULTI) Has Announced That Its Dividend Will Be Reduced To NOK8.00

Multiconsult ASA ( OB:MULTI ) has announced that on 22nd of April, it will be paying a dividend ofNOK8.00, which a...
Analysis Article Feb 07

We Like These Underlying Return On Capital Trends At Multiconsult (OB:MULTI)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Dec 07

Why Multiconsult ASA (OB:MULTI) Could Be Worth Watching

While Multiconsult ASA ( OB:MULTI ) might not be the most widely known stock at the moment, it saw a decent share price...

Shareholder Returns

MULTINO ConstructionNO Market
7D-0.4%-0.6%2.1%
1Y-13.0%14.8%21.1%

Return vs Industry: MULTI underperformed the Norwegian Construction industry which returned 14.8% over the past year.

Return vs Market: MULTI underperformed the Norwegian Market which returned 21.1% over the past year.

Price Volatility

Is MULTI's price volatile compared to industry and market?
MULTI volatility
MULTI Average Weekly Movement3.7%
Construction Industry Average Movement4.1%
Market Average Movement5.4%
10% most volatile stocks in NO Market11.9%
10% least volatile stocks in NO Market3.3%

Stable Share Price: MULTI has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: MULTI's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19084,227Grethe Berglywww.multiconsultgroup.com

Multiconsult ASA, together with its subsidiaries, engages in the provision of engineering design, consultancy, and architecture services in Norway, Sweden, Denmark, Poland, and internationally. It operates in three segments: Norway, Architecture, and International. The company offers multidisciplinary consultancy services in the areas, including design, planning, engineering management, project supervision and management, geotechnical and environmental site surveys, and verification and control; and provides services related to healthcare; renewable energy; urban development; geotechnical and environmental advisor; and infrastructure.

Multiconsult ASA Fundamentals Summary

How do Multiconsult's earnings and revenue compare to its market cap?
MULTI fundamental statistics
Market capNOK 4.41b
Earnings (TTM)NOK 228.78m
Revenue (TTM)NOK 5.74b
19.3x
P/E Ratio
0.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MULTI income statement (TTM)
RevenueNOK 5.74b
Cost of RevenueNOK 3.87b
Gross ProfitNOK 1.87b
Other ExpensesNOK 1.64b
EarningsNOK 228.78m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 18, 2026

Earnings per share (EPS)8.30
Gross Margin32.61%
Net Profit Margin3.98%
Debt/Equity Ratio0%

How did MULTI perform over the long term?

See historical performance and comparison

Dividends

3.1%
Current Dividend Yield
60%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/17 14:51
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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 Github.

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
null nullABG Sundal Collier
Mikkel Nyholt-SmedsengCarnegie Investment Bank AB
Simen MortensenDNB Carnegie