Multiconsult ASA (OSTO:MULTIO) Cyclically Adjusted FCF per Share: kr15.35 (As of Jun. 2026)

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OSTO:MULTIO Multiconsult ASA OSTO:MULTIO
86 GF Score
Price kr150.00
GF Value kr183.35
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Multiconsult ASA Cyclically Adjusted FCF per Share?

Multiconsult ASA OSTO:MULTIO 86 Cyclically Adjusted FCF per Share is kr15.35 as of Jun. 2026. GuruFocus rates OSTO:MULTIO with a GF Score™ of 86/100 and a GF Value™ of kr183.35 (Modestly Undervalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Multiconsult ASA's adjusted free cash flow per share for the three months ended in Jun. 2026 was kr4.294. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is kr15.35 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Multiconsult ASA's average Cyclically Adjusted FCF Growth Rate was 11.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2026-09-17), Multiconsult ASA's current stock price is kr150.00. Multiconsult ASA's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was kr15.35. Multiconsult ASA's Cyclically Adjusted Price-to-FCF of today is 9.77.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Multiconsult ASA was 17.18. The lowest was 10.01. And the median was 13.75.


Multiconsult ASA  (OSTO:MULTIO) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Multiconsult ASA's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=150.00/15.35
=9.77

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Multiconsult ASA was 17.18. The lowest was 10.01. And the median was 13.75.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Multiconsult ASA Cyclically Adjusted FCF per Share Related Terms


Multiconsult ASA Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Multiconsult ASA's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Multiconsult ASA Cyclically Adjusted FCF per Share Chart

Multiconsult ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 11.41 12.52 13.04

Multiconsult ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.75 12.64 13.04 13.61 15.35

OSTO:MULTIO vs PWR, FIX, EME: Cyclically Adjusted FCF per Share Comparison

For the Engineering & Construction subindustry, Multiconsult ASA's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Multiconsult ASA Cyclically Adjusted Price-to-FCF vs Construction Industry

For the Construction industry and Industrials sector, Multiconsult ASA's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Multiconsult ASA's Cyclically Adjusted Price-to-FCF falls into.


OSTO:MULTIO
86GF Score
Multiconsult ASA OSTO:MULTIO
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Multiconsult ASA Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Multiconsult ASA's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.294/141.6200*141.6200
=4.294

Current CPI (Jun. 2026) = 141.6200.

Multiconsult ASA Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 1.366 104.200 1.857
201612 3.715 104.400 5.039
201703 -3.036 105.000 -4.095
201706 0.124 105.800 0.166
201709 0.994 105.900 1.329
201712 2.585 106.100 3.450
201803 -4.170 107.300 -5.504
201806 1.542 108.500 2.013
201809 -2.320 109.500 -3.001
201812 10.837 109.800 13.978
201903 -3.347 110.400 -4.293
201906 3.632 110.600 4.651
201909 -2.730 111.100 -3.480
201912 9.116 111.300 11.599
202003 1.416 111.200 1.803
202006 10.919 112.100 13.794
202009 1.075 112.900 1.348
202012 10.460 112.900 13.121
202103 2.678 114.600 3.309
202106 0.783 115.300 0.962
202109 -1.348 117.500 -1.625
202112 13.207 118.900 15.731
202203 -2.589 119.800 -3.061
202206 2.422 122.600 2.798
202209 2.798 125.600 3.155
202212 16.318 125.900 18.355
202303 -1.307 127.600 -1.451
202306 1.688 130.400 1.833
202309 -2.943 129.800 -3.211
202312 14.356 131.900 15.414
202403 -2.333 132.600 -2.492
202406 8.748 133.800 9.259
202409 0.042 133.700 0.044
202412 14.480 134.800 15.213
202503 -1.679 136.100 -1.747
202506 3.644 137.800 3.745
202509 -5.595 138.500 -5.721
202512 9.986 139.140 10.164
202603 6.001 141.060 6.025
202606 4.294 141.620 4.294

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of kr15.35 mean?
Multiconsult ASA (OSTO:MULTIO) has a Cyclically Adjusted FCF per Share of kr15.35 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Multiconsult ASA and its competitors.
Is Multiconsult ASA's Cyclically Adjusted FCF per Share too high?
Multiconsult ASA's current Cyclically Adjusted FCF per Share is kr15.35. Overall, Multiconsult ASA has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Multiconsult ASA's Cyclically Adjusted FCF per Share compare to PWR and FIX?
Multiconsult ASA's Cyclically Adjusted FCF per Share of kr15.35 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Construction company?
A good Cyclically Adjusted FCF per Share depends on the Construction industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Multiconsult ASA and its competitors. Multiconsult ASA's current Cyclically Adjusted FCF per Share is kr15.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multiconsult ASA stock overvalued right now?
Based on GuruFocus' analysis, Multiconsult ASA (OSTO:MULTIO) is currently considered Modestly Undervalued. The stock's GF Value™ is kr183.35, compared to a current price of kr150.00 — trading 18.2% below its estimated fair value. The current Cyclically Adjusted FCF per Share is kr15.35. Multiconsult ASA's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Multiconsult ASA (OSTO:MULTIO), the current Cyclically Adjusted FCF per Share is kr15.35 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Multiconsult ASA (OSTO:MULTIO) Overvalued in 2026?

Based on GuruFocus' analysis, Multiconsult ASA stock appears to be undervalued. The current stock price of kr150.00 is trading 18.2% below its estimated GF Value™ of kr183.35. GuruFocus considers Multiconsult ASA to be Modestly Undervalued.

Key valuation signals for OSTO:MULTIO:

  • Cyclically Adjusted FCF per Share: kr15.35
  • GF Value™: kr183.35 vs. price of kr150.00 (18.2% below fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the OSTO:MULTIO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Multiconsult ASA Business Description

Address Nedre Skoyen vei 2, Oslo, NOR, 0276
Multiconsult ASA is a specialist in engineering design, consultancy, and architecture services, providing multidisciplinary consultancy, design, planning, project supervision, project management, geotechnical site surveys, verification, and controls in Norway and abroad, with engineering services in Norway, Sweden, and Poland, and architecture services in Scandinavian countries. The group operates through three segments: Norway, which contributes maximum revenue and provides consulting engineering services; Architecture, comprising LINK Arkitektur and A-lab; and International, comprising Multiconsult Polska and Iterio. Its operations cover four business areas: Building & Properties, Mobility & Transportation, Energy & Industry, and Water & Environment.
86GF Score

Get the complete analysis for OSTO:MULTIO

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr150.00
Price
kr183.35
GF Value