More stocks to consider
Alternative stocks to Fortnox (NGM:FNOX)
These are the alternatives to Fortnox that fall within the same industry, Application Software, or region, Sweden.
How to read the ranks
For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:
Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".
Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".
Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.
Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.
(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).
(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.
See Fortnox Performance
Fortnox stock research in summary
fortnox.se
Fortnox shares are more expensive than other comparable stocks. They show above average growth and are safely financed, but are poor value. We recommend evaluating whether the future of the company Fortnox is really as positive as the high price of the shares suggests. If you come to the conclusion that the future for this company is only average, that could be a reason to sell this share.
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| Country |
Sweden |
| Industry |
Application Software |
| Index |
|
| Size class |
Small |
Large companies - similar industry as Fortnox
| Similar Stocks |
 VALUEVVV
|
 GROWTHVV
|
 SAFETYVV
|
 COMBINED
|
|
1. Alten (XL, FR) IT Consulting & oth. Services
|
|
1. Alten (XL, FR) IT Consulting & oth. Services
|
93
|
|
29
|
|
85
|
|
94
|
|
|
2. Computacenter (XL, GB) IT Consulting & oth. Services
|
|
2. Computacenter (XL, GB) IT Consulting & oth. Services
|
89
|
|
29
|
|
88
|
|
94
|
|
|
3. Asseco Poland Spólka Akcyjna (XL, PL) Systems Software
|
|
3. Asseco Poland Spólka Akcyjna (XL, PL) Systems Software
|
89
|
|
37
|
|
71
|
|
89
|
|
|
4. Atea (XL, NO) IT Consulting & oth. Services
|
|
4. Atea (XL, NO) IT Consulting & oth. Services
|
91
|
|
65
|
|
27
|
|
88
|
|
|
5. Indra Sistemas (XL, ES) IT Consulting & oth. Services
|
|
5. Indra Sistemas (XL, ES) IT Consulting & oth. Services
|
85
|
|
73
|
|
39
|
|
86
|
|
|
6. Bechtle (XL, DE) IT Consulting & oth. Services
|
|
6. Bechtle (XL, DE) IT Consulting & oth. Services
|
79
|
|
5
|
|
86
|
|
63
|
|
|
7. Tieto (XL, FI) IT Consulting & oth. Services
|
|
7. Tieto (XL, FI) IT Consulting & oth. Services
|
93
|
|
33
|
|
32
|
|
51
|
|
|
8. Accenture (XXL, IE) IT Consulting & oth. Services
|
|
8. Accenture (XXL, IE) IT Consulting & oth. Services
|
3
|
|
77
|
|
88
|
|
43
|
|
|
9. SAP (XXL, DE) Application Software
|
|
9. SAP (XXL, DE) Application Software
|
27
|
|
77
|
|
40
|
|
38
|
|
|
10. Worldline (XL, FR) Data Processing & Outsourcing
|
|
10. Worldline (XL, FR) Data Processing & Outsourcing
|
87
|
|
11
|
|
54
|
|
37
|
|
December 19, 2024
Why popular stocks have low ratings
It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.
Large companies - similar region as Fortnox
| Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
|
1. Billerud (XL, SE) Paper Packaging
|
|
1. Billerud (XL, SE) Paper Packaging
|
81
|
|
91
|
|
41
|
|
89
|
|
|
2. Skanska (XXL, SE) Construction & Engineering
|
|
2. Skanska (XXL, SE) Construction & Engineering
|
28
|
|
94
|
|
90
|
|
88
|
|
|
3. Bilia (XL, SE) Automotive Retail
|
|
3. Bilia (XL, SE) Automotive Retail
|
94
|
|
41
|
|
43
|
|
79
|
|
|
4. SSAB (XL, SE) Steel
|
|
4. SSAB (XL, SE) Steel
|
84
|
|
22
|
|
86
|
|
76
|
|
|
5. SKF (XL, SE) Industrial Machinery
|
|
5. SKF (XL, SE) Industrial Machinery
|
70
|
|
29
|
|
71
|
|
76
|
|
|
6. Saab (XL, SE) Aerospace & Defense
|
|
6. Saab (XL, SE) Aerospace & Defense
|
9
|
|
85
|
|
86
|
|
74
|
|
|
7. Ericsson (XXL, SE) Communications Equipment
|
|
7. Ericsson (XXL, SE) Communications Equipment
|
76
|
|
80
|
|
14
|
|
74
|
|
|
8. Securitas (XXL, SE) Security & Alarm Services
|
|
8. Securitas (XXL, SE) Security & Alarm Services
|
85
|
|
59
|
|
39
|
|
71
|
|
|
9. Electrolux (XXL, SE) Household Appliances
|
|
9. Electrolux (XXL, SE) Household Appliances
|
88
|
|
76
|
|
1
|
|
66
|
|
|
10. Essity Aktiebolag (XXL, SE) Household Products
|
|
10. Essity Aktiebolag (XXL, SE) Household Products
|
52
|
|
63
|
|
50
|
|
65
|
|
December 19, 2024
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Mid sized companies - similar industry as Fortnox
| Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
|
1. Opera (M, NO) Application Software
|
|
1. Opera (M, NO) Application Software
|
63
|
|
59
|
|
94
|
|
100
|
|
|
2. Learning Technologies Group (M, GB) Application Software
|
|
2. Learning Technologies Group (M, GB) Application Software
|
92
|
|
43
|
|
85
|
|
96
|
|
|
3. Cliq Digital (M, DE) Application Software
|
|
3. Cliq Digital (M, DE) Application Software
|
100
|
|
5
|
|
100
|
|
90
|
|
|
4. Cellebrite DI (M, IL) Application Software
|
|
4. Cellebrite DI (M, IL) Application Software
|
3
|
|
87
|
|
96
|
|
88
|
|
|
5. NICE (L, IL) Application Software
|
|
5. NICE (L, IL) Application Software
|
41
|
|
77
|
|
77
|
|
85
|
|
|
6. GB Group (M, GB) Application Software
|
|
6. GB Group (M, GB) Application Software
|
73
|
|
87
|
|
27
|
|
81
|
|
|
7. Sapiens (M, IL) Application Software
|
|
7. Sapiens (M, IL) Application Software
|
47
|
|
29
|
|
56
|
|
63
|
|
|
8. Lectra (M, FR) Application Software
|
|
8. Lectra (M, FR) Application Software
|
83
|
|
63
|
|
27
|
|
62
|
|
|
9. Nemetschek (L, DE) Application Software
|
|
9. Nemetschek (L, DE) Application Software
|
15
|
|
93
|
|
55
|
|
53
|
|
|
10. TeamViewer (M, DE) Application Software
|
|
10. TeamViewer (M, DE) Application Software
|
31
|
|
71
|
|
10
|
|
23
|
|
December 19, 2024
Mid sized companies - similar region as Fortnox
| Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
|
1. Betsson (L, SE) Casinos & Gaming
|
|
1. Betsson (L, SE) Casinos & Gaming
|
97
|
|
85
|
|
92
|
|
100
|
|
|
2. Itab Shop Concept (M, SE) Office Services & Supplies
|
|
2. Itab Shop Concept (M, SE) Office Services & Supplies
|
35
|
|
99
|
|
96
|
|
97
|
|
|
3. L E Lundbergföretagen (L, SE) Multi-Sector Holdings
|
|
3. L E Lundbergföretagen (L, SE) Multi-Sector Holdings
|
77
|
|
59
|
|
84
|
|
96
|
|
|
4. Meko (L, SE) Automotive Retail
|
|
4. Meko (L, SE) Automotive Retail
|
74
|
|
84
|
|
82
|
|
96
|
|
|
5. AcadeMedia (L, SE) Education Services
|
|
5. AcadeMedia (L, SE) Education Services
|
95
|
|
79
|
|
37
|
|
92
|
|
|
6. Nolato (L, SE) Industrial Conglomerates
|
|
6. Nolato (L, SE) Industrial Conglomerates
|
23
|
|
92
|
|
92
|
|
92
|
|
|
7. BHG Group AB (L, SE) Internet Retail
|
|
7. BHG Group AB (L, SE) Internet Retail
|
85
|
|
100
|
|
41
|
|
92
|
|
|
8. Cloetta (L, SE) Packaged Foods & Meats
|
|
8. Cloetta (L, SE) Packaged Foods & Meats
|
79
|
|
77
|
|
52
|
|
90
|
|
|
9. Evolution Gaming (L, SE) Casinos & Gaming
|
|
9. Evolution Gaming (L, SE) Casinos & Gaming
|
39
|
|
57
|
|
96
|
|
88
|
|
|
10. Fagerhult (L, SE) Electr. Components & Equipment
|
|
10. Fagerhult (L, SE) Electr. Components & Equipment
|
77
|
|
48
|
|
60
|
|
85
|
|
December 19, 2024
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