Multiconsult Future Growth

Future criteria checks 4/6

Multiconsult is forecast to grow earnings and revenue by 16.6% and 8% per annum respectively. EPS is expected to grow by 16.1% per annum. Return on equity is forecast to be 29% in 3 years.

Key information

16.6%

Earnings growth rate

16.09%

EPS growth rate

Construction earnings growth	13.7%
Revenue growth rate	8.0%
Future return on equity	28.98%
Analyst coverage	Low
Last updated	19 Dec 2025

Recent future growth updates

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

Nov 09

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

Aug 24

Recent updates

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

Apr 02

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

Nov 09

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

Aug 24

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

Mar 14

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

Feb 09

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

Feb 07

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

Dec 07

Multiconsult (OB:MULTI) Is Increasing Its Dividend To NOK9.00

Apr 05

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

Feb 14

These 4 Measures Indicate That Multiconsult (OB:MULTI) Is Using Debt Safely

Feb 09

Earnings and Revenue Growth Forecasts

OB:MULTI - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	6,668	436	636	719	2
12/31/2026	6,207	380	584	662	3
12/31/2025	5,709	319	70	146	3
9/30/2025	5,579	303	299	370	N/A
6/30/2025	5,531	345	452	532	N/A
3/31/2025	5,540	453	594	678	N/A
12/31/2024	5,384	416	576	672	N/A
9/30/2024	5,302	440	572	679	N/A
6/30/2024	5,130	369	489	597	N/A
3/31/2024	4,859	257	294	421	N/A
12/31/2023	4,802	318	322	423	N/A
9/30/2023	4,568	281	375	464	N/A
6/30/2023	4,467	318	534	599	N/A
3/31/2023	4,361	340	554	595	N/A
12/31/2022	4,189	303	518	562	N/A
9/30/2022	4,131	290	432	478	N/A
6/30/2022	4,024	269	319	364	N/A
3/31/2022	3,963	290	274	321	N/A
12/31/2021	3,804	235	417	459	N/A
9/30/2021	3,703	235	337	377	N/A
6/30/2021	3,682	244	403	442	N/A
3/31/2021	3,646	232	677	698	N/A
12/31/2020	3,661	249	643	668	N/A
9/30/2020	3,598	177	607	629	N/A
6/30/2020	3,570	148	510	543	N/A
3/31/2020	3,485	60	314	358	N/A
12/31/2019	3,436	35	185	248	N/A
9/30/2019	3,444	47	232	311	N/A
6/30/2019	3,399	38	N/A	311	N/A
3/31/2019	3,420	97	N/A	256	N/A
12/31/2018	3,335	64	N/A	220	N/A
9/30/2018	3,269	51	N/A	-12	N/A
6/30/2018	3,202	59	N/A	75	N/A
3/31/2018	3,054	33	N/A	35	N/A
12/31/2017	2,994	80	N/A	66	N/A
9/30/2017	2,833	181	N/A	88	N/A
6/30/2017	2,778	198	N/A	98	N/A
3/31/2017	2,750	250	N/A	125	N/A
12/31/2016	2,605	214	N/A	90	N/A
9/30/2016	2,569	156	N/A	112	N/A
6/30/2016	2,501	180	N/A	118	N/A
3/31/2016	2,347	132	N/A	44	N/A
12/31/2015	2,248	150	N/A	206	N/A
9/30/2015	2,132	146	N/A	157	N/A
6/30/2015	2,073	139	N/A	154	N/A
3/31/2015	2,005	159	N/A	212	N/A
12/31/2014	1,987	167	N/A	150	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MULTI's forecast earnings growth (16.6% per year) is above the savings rate (3%).

Earnings vs Market: MULTI's earnings (16.6% per year) are forecast to grow faster than the Norwegian market (15.9% per year).

High Growth Earnings: MULTI's earnings are forecast to grow, but not significantly.

Revenue vs Market: MULTI's revenue (8% per year) is forecast to grow faster than the Norwegian market (2.4% per year).

High Growth Revenue: MULTI's revenue (8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: MULTI's Return on Equity is forecast to be high in 3 years time (29%)

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/12/29 19:19
End of Day Share Price	2025/12/29 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier
Mikkel Nyholt-Smedseng	Carnegie Investment Bank AB
Simen Mortensen	DNB Carnegie

Multiconsult Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 7.0% to kr206

Consensus EPS estimates increase by 15%

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

Consensus EPS estimates increase by 17%

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

Price target increased by 8.2% to kr177

Recent updates

Multiconsult ASA (OB:MULTI) completed the acquisition of ViaNova AS, ViaNova Trondheim AS, ViaNova Kristiansand AS and ViaNova Eureka AS.

New minor risk - Profit margin trend

Independent Chairman recently bought kr84k worth of stock

Third quarter 2025 earnings: EPS and revenues miss analyst expectations

Multiconsult Asa Announces Changes to the Executive Management Team, effective 1 October 2025

New minor risk - Financial position

Second quarter 2025 earnings: EPS misses analyst expectations

Multiconsult ASA, Annual General Meeting, Apr 16, 2026

Multiconsult ASA to Report Q1, 2026 Results on May 12, 2026

Deputy Employee Representative Director recently sold kr300k worth of stock

New major risk - Revenue and earnings growth

First quarter 2025 earnings: EPS misses analyst expectations

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

Insufficient new directors

Upcoming dividend of kr10.00 per share

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

Multiconsult ASA (OB:MULTI) entered into a share purchase agreement to acquire Lifetec AS.

Multiconsult ASA Announces Resignation of Grethe Bergly as CEO

Full year 2024 earnings: EPS misses analyst expectations

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

Order Backlog And Energy Focus To Drive Future Opportunities

Multiconsult ASA (OB:MULTI) announces an Equity Buyback for 500,000 shares, for NOK 150 million.

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

Independent Director recently bought kr2.6m worth of stock

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

Dividend increased to kr10.00

Multiconsult ASA Proposes A Dividend for the Financial Year 2024, Payable on or Around 24 April 2025

Full year 2024 earnings: EPS misses analyst expectations

Price target increased by 7.0% to kr206

Consensus EPS estimates increase by 15%

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

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Multiconsult Reaches Settlement Agreement with Client

Consensus EPS estimates increase by 17%

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

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Price target increased by 8.2% to kr177

Price target increased by 7.7% to kr163

Multiconsult ASA, Annual General Meeting, Apr 10, 2025

Multiconsult ASA to Report Q3, 2025 Results on Nov 04, 2025

New minor risk - Profit margin trend

Independent Director recently bought kr269k worth of stock

New minor risk - Profit margin trend

First quarter 2024 earnings released: EPS: kr3.52 (vs kr5.76 in 1Q 2023)

Upcoming dividend of kr8.00 per share

Full year 2023 earnings: EPS and revenues exceed analyst expectations

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

Investor sentiment improves as stock rises 16%

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

Full year 2023 earnings: EPS and revenues exceed analyst expectations

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

Multiconsult ASA Proposes a Dividend for the Financial Year 2023, Payable on or Around 22 April 2024

Independent Director recently bought kr63k worth of stock

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

Consensus EPS estimates fall by 10%, revenue upgraded

Multiconsult ASA (OB:MULTI) acquired Planteknikk As.

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Multiconsult ASA to Report Q1, 2024 Results on May 08, 2024

Multiconsult ASA (OB:MULTI) acquired 70% stake in A-Lab As.

Multiconsult ASA (OB:MULTI) entered into an agreement to acquire 70% stake in A-Lab As for enterprise value of approximately NOK 150 million.

Consensus EPS estimates increase by 10%

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of kr9.00 per share at 5.9% yield

Multiconsult (OB:MULTI) Is Increasing Its Dividend To NOK9.00

Independent Chairman recently bought kr711k worth of stock

Full year 2022 earnings: EPS exceeds analyst expectations

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