Stock Research: Fortnox

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Fortnox

NGM:FNOX SE0017161243
71
  • Value
    64
  • Growth
    96
  • Safety
    Safety
    8
  • Combined
    69
  • Sentiment
    72
  • 360° View
    360° View
    71
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Company Description

Fortnox AB provides internet-based business applications for companies, associations, and accounting/auditing firms. Its product portfolio includes programs for accounting, billing, sales support, and payroll such as Fortnox Accounting and Fortnox Invoicing. It operates in Sweden, allowing users to access applications simultaneously from multiple locations. In the last fiscal year, the company had 881 employees, a market cap of $5622 million, profits of $184 million, and revenue of $185 million.

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Analysis

ANALYSIS: With an Obermatt 360° View of 71 (better than 71% compared with alternatives), overall professional sentiment and financial characteristics for the stock Fortnox are above average. The 360° View is based on consolidating four consolidated indicators, with all but one indicator above average for Fortnox. The consolidated Growth Rank has a good rank of 96, which means that the company experiences above-average growth momentum when looking at financial metrics such as revenue, profit, and invested capital growth, as well as stock returns. This means that growth is higher than for 96% of competitors in the same industry. The consolidated Safety Rank at 64 means that the company has a financing structure that is safer than 64% comparable companies when looking at the amount of its debt, its refinancing requirements, and its ability to service debt. Finally, the consolidated Sentiment Rank has a good rank of 72, which means that professional investors are more optimistic about the stock than for 72% of alternative investment opportunities. But the consolidated Value Rank is less desirable at 8, meaning that the share price of Fortnox is on the higher side compared with indicators such as revenues, profits, and invested capital. This means the stock price is higher than for 92% of alternative stocks in the same industry. ...read more

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Index
The higher the 360° View, the better the stock performed against its peers, considering all metrics. The 360° View represents an average of the other 5 ranks and is then scaled to a rank from 1 to 100. The shaded values are illustrative only.
Last update: 21-Aug-2025.

Make Sense of the Ranks

The higher, the better. For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. These ranks are percentiles: a rank of 75 means the company outperforms 75% of its peers in that specific area. The higher the rank, the better the stock stacks up against its peers.

Value
Identifies how good a value the stock is.
Good Value Expensive
Growth
Shows a company's growth potential.
High Growth Tough Times
Safety
Safety
Assesses how financially secure a company is.
Well-Financed High Leverage
Combined
Consolidated view across Value, Growth, and Safety.
Good Tread Carefully
Sentiment
Shows what the market thinks of a stock.
Positive Sentiment Skepticism
360° View
360° View
Holistic stock analysis: all key non-/financial metrics
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Detailed and Historical Ranks

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Metrics Current 2024 2023 2022
Value
8 15 14 5
Growth
96 77 95 100
Safety
Safety
64 74 54 54
Sentiment
72 45 48 45
360° View
360° View
71 80 49 55
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Metrics Current 2024 2023 2022
Analyst Opinions
7 22 29 87
Opinions Change
50 57 50 50
Pro Holdings
n/a 55 56 8
Market Pulse
79 63 69 58
Sentiment
72 45 48 45
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Metrics Current 2024 2023 2022
Value
8 15 14 5
Growth
96 77 95 100
Safety Safety
64 74 54 54
Combined
69 69 55 56
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Metrics Current 2024 2023 2022
Price vs. Sales (P/S)
10 20 11 5
Price vs. Earnings (P/E)
3 5 3 3
Price vs. Book (P/B)
10 13 9 3
Dividend Yield
48 54 57 49
Value
8 15 14 5
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Metrics Current 2024 2023 2022
Revenue Growth
94 98 93 90
Profit Growth
70 76 73 63
Capital Growth
92 21 76 82
Stock Returns
92 45 67 71
Growth
96 77 95 100
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Metrics Current 2024 2023 2022
Leverage
73 77 49 44
Refinancing
24 38 27 25
Liquidity
77 78 79 81
Safety Safety
64 74 54 54

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