Multiconsult ASACHIX:MULTIO 90 Return-on-Tangible-Asset is 15.81% as of Mar. 2026, which is 45% above its 10-year median of 10.94. GuruFocus rates CHIX:MULTIO with a GF Score™ of 90/100 and a GF Value™ of kr246.68. The stock has 6 warning signs investors should review. Among 1,779 Construction companies, Multiconsult ASA ranks better than 79.2% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Multiconsult ASA's annualizedNet Income for the quarter that ended in Mar. 2026 was kr440 Mil. Multiconsult ASA's average total tangible assets for the quarter that ended in Mar. 2026 was kr2,783 Mil. Therefore, Multiconsult ASA's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 15.81%.
The historical rank and industry rank for Multiconsult ASA's Return-on-Tangible-Asset or its related term are showing as below:
CHIX:MULTIo'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.94 Med: 10.94 Max: 19.14
Current: 8.21
During the past 13 years, Multiconsult ASA's highest Return-on-Tangible-Asset was 19.14%. The lowest was 1.94%. And the median was 10.94%.
CHIX:MULTIo's Return-on-Tangible-Asset is ranked better than 79.2% of 1779
companies
in the Construction industry
Industry Median: 3.03
vs CHIX:MULTIo: 8.21
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Multiconsult ASA Return-on-Tangible-Asset Related Terms
Multiconsult ASA Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Multiconsult ASA's Return-on-Tangible-Asset 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.
CHIX:MULTIO vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, Multiconsult ASA's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Multiconsult ASA's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Multiconsult ASA's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 15.81% mean?
Multiconsult ASA (CHIX:MULTIO) has a Return-on-Tangible-Asset of 15.81% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Multiconsult ASA and its competitors. This is 45% above median its historical median of 10.94. Over the past decade, Multiconsult ASA's Return-on-Tangible-Asset has ranged from 1.94 to 19.14. According to the industry distribution chart, Multiconsult ASA ranks #370 out of 1779 companies in the Construction industry, placing it in the top 20.8%.
Is Multiconsult ASA's Return-on-Tangible-Asset too high?
Multiconsult ASA's current Return-on-Tangible-Asset of 15.81% is 45% above median its 10-year median of 10.94. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 19.14. The Construction industry median Return-on-Tangible-Asset is 3.03. Multiconsult ASA's value of 15.81% is 421.8% above this industry median. Based on the distribution chart, Multiconsult ASA ranks #370 out of 1779 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Multiconsult ASA has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Multiconsult ASA's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, Multiconsult ASA ranks #370 out of 1779 companies for Return-on-Tangible-Asset. This places Multiconsult ASA in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.03. Multiconsult ASA's value of 15.81% is 421.8% above this benchmark. Historically, Multiconsult ASA's own Return-on-Tangible-Asset has ranged from 1.94 to 19.14 over the past decade. While the company's 10-year median is 10.94 vs. the industry median of 3.03, Multiconsult ASA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.03, based on 1,779 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Multiconsult ASA's current Return-on-Tangible-Asset of 15.81% is 421.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Multiconsult ASA and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multiconsult ASA's current Return-on-Tangible-Asset is 15.81%, which is 45% above median its own 10-year median of 10.94. 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?
Multiconsult ASA (CHIX:MULTIO) has a current Return-on-Tangible-Asset of 15.81%. The stock's GF Value™ is kr246.68, compared to a current price of kr203.50 — trading 17.5% below its estimated fair value. The current Return-on-Tangible-Asset is 15.81%, which is 45% above median its 10-year median of 10.94 and 421.8% above the Construction industry median of 3.03. Multiconsult ASA's overall GF Score™ is 90/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Multiconsult ASA (CHIX:MULTIO), the current Return-on-Tangible-Asset is 15.81% as of Mar. 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 (CHIX:MULTIO) Overvalued in 2026?
Based on GuruFocus' analysis, Multiconsult ASA stock appears to be undervalued.
The current stock price of kr203.50 is trading 17.5% below its estimated GF Value™ of kr246.68.
Key valuation signals for CHIX:MULTIO:
Return-on-Tangible-Asset: 15.81% (45% above median its 10-year median of 10.94)
GF Value™: kr246.68 vs. price of kr203.50 (17.5% below fair value)
Industry Position: 421.8% above the Construction median (#370 of 1779)
No single metric tells the full story. See the CHIX:MULTIO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
90GF Score
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