Multitude SE

    Multitude SE

    XXETR:FRU
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    EUR
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    8.08P/E

    Valuation Ratios

    As of June 30, 2024, Multitude SE trades at a trailing price-to-earnings ratio of 8.08. The price-to-sales ratio is 0.56, and the price-to-book ratio stands at 1.02.

    PE Ratio8.08
    PS Ratio0.56
    PB Ratio1.02
    P/TBV Ratio0.86
    P/FCF Ratio2.61
    P/OCF Ratio2.68

    Financial Position

    As of June 30, 2024, Multitude SE maintains a current ratio of 1.58, meaning it holds 1.6x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 56.09, indicating elevated leverage, while an interest coverage ratio of 4.49 demonstrates adequate ability to service its debt obligations.

    Current Ratio1.58
    Quick Ratio0.56
    Debt / Equity56.09
    Debt / EBITDA0.73
    Interest Coverage4.49

    Financial Efficiency

    Over the twelve months ended June 30, 2024, Multitude SE posted a return on equity (ROE) of 13.15, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 48.71 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 1.79, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 22.16, useful for judging operating efficiency across full business cycles.

    Return on Equity (ROE)13.15
    Return on Assets (ROA)1.79
    Return on Invested Capital (ROIC)48.71
    Return on Capital Employed (ROCE)22.16

    Taxes

    These figures cover the twelve months ended June 30, 2024. That works out to an effective tax rate of 10.17, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

    Effective Tax Rate10.17

    Margins

    Over the twelve months ended June 30, 2024, Multitude SE posted a gross margin of 88.17, reflecting its pricing power and cost economics. The operating margin of 60.44 and net profit margin of 6.91 provide insight into operational efficiency.

    Gross Margin88.17
    Operating Margin60.44
    Pretax Margin7.69
    Profit Margin6.91
    EBITDA Margin60.44

    Dividends & Yields

    These figures cover the twelve months ended June 30, 2024. The dividend payout ratio of 25.41 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 38.26, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 20.70, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Multitude SE shareholders.

    Payout Ratio25.41
    Shareholder Yield20.70
    FCF Yield38.26

    Scores

    As of June 30, 2024, Multitude SE has an Altman Z-Score of 1.26, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score1.26