Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Multitude AG's 10-Year ROIIC % for the quarter that ended in Dec. 2025 was 3.06%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Multitude AG's 10-Year ROIIC % or its related term are showing as below:
FRA:MULT's 10-Year ROIIC % is ranked better than 62.16% of 37
companies
in the Banks industry
Industry Median: 2.38
vs FRA:MULT: 3.06
Multitude AG (FRA:MULT) 10-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Multitude AG 10-Year ROIIC % Related Terms
Multitude AG 10-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Multitude AG's 10-Year ROIIC % 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.
For the Banks - Regional subindustry, Multitude AG's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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.
Multitude AG 10-Year ROIIC % vs Banks Industry
For the Banks industry and Financial Services sector, Multitude AG's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Multitude AG's 10-Year ROIIC % 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Multitude AG (FRA:MULT) has a 10-Year ROIIC % of 3.06 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Multitude AG and its competitors. According to the industry distribution chart, Multitude AG ranks #14 out of 37 companies in the Banks industry, placing it in the top 37.8%.
Is Multitude AG's 10-Year ROIIC % too high?
Multitude AG's current 10-Year ROIIC % is 3.06. The Banks industry median 10-Year ROIIC % is 2.38. Multitude AG's value of 3.06 is 28.6% above this industry median. Based on the distribution chart, Multitude AG ranks #14 out of 37 companies in the Banks industry, which is above the industry midpoint. Overall, Multitude AG has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Multitude AG's 10-Year ROIIC % compare to PNC and USB?
According to the Banks industry distribution chart, Multitude AG ranks #14 out of 37 companies for 10-Year ROIIC %. This puts Multitude AG in the upper half of its industry. The industry median 10-Year ROIIC % is 2.38. Multitude AG's value of 3.06 is 28.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Banks company?
The median 10-Year ROIIC % among Banks companies is 2.38, based on 37 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Multitude AG's current 10-Year ROIIC % of 3.06 is 28.6% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on Multitude AG and its competitors. For the Banks industry, the median 10-Year ROIIC % is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multitude AG's current 10-Year ROIIC % is 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multitude AG stock overvalued right now?
Based on GuruFocus' analysis, Multitude AG (FRA:MULT) is currently considered Fairly Valued. The stock's GF Value™ is €5.10, compared to a current price of €5.50 — trading 7.8% above its estimated fair value. The current 10-Year ROIIC % is 3.06 and 28.6% above the Banks industry median of 2.38. Multitude AG's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For Multitude AG (FRA:MULT), the current 10-Year ROIIC % is 3.06 as of Dec. 2025. 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 Multitude AG (FRA:MULT) Overvalued in 2026?
Based on GuruFocus' analysis, Multitude AG stock appears to be overvalued.
The current stock price of €5.50 is trading 7.8% above its estimated GF Value™ of €5.10.
GuruFocus considers Multitude AG to be Fairly Valued.
Key valuation signals for FRA:MULT:
10-Year ROIIC %: 3.06
GF Value™: €5.10 vs. price of €5.50 (7.8% above fair value)
Industry Position: 28.6% above the Banks median (#14 of 37)
No single metric tells the full story. See the FRA:MULT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Multitude AG is a fintech company providing digital financial and banking services to both individuals and businesses. Its reportable and operating segments are: Consumer Banking, SME Banking, and Wholesale Banking. Maximum revenue is derived from the Consumer Banking segment, which is operated under the Ferratum brand and offers digital consumer loans, credit lines, and credit card products. The SME Banking segment, which is operated under the CapitalBox brand, offers working capital and secured and non-secured lending solutions for small businesses, as well as other services such as invoice purchasing, and the Wholesale Banking, operated under the Multitude Bank brand, delivers lending and payment services to institutional clients, FinTechs, and payment service providers across Europe.
74GF Score
Get the complete analysis for FRA:MULT
10-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:MULT has been successfully added to your 
