Fortnox AB FNOX

Morningstar Rating
SEK 62.36 −0.90 (1.42%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

FNOX is trading at a 824% premium.
Price
SEK 62.31
Fair Value
SEK 72.15
Uncertainty
High
1-Star Price
SEK 16.19
5-Star Price
SEK 31.68
Economic Moat
Ppjqd
Capital Allocation

Trading Information

Previous Close Price
SEK 63.26
Day Range
SEK 60.6263.20
52-Week Range
SEK 40.2980.70
Bid/Ask
SEK 62.06 / SEK 62.10
Market Cap
SEK 38.03 Bil
Volume/Avg
2.3 Mil / 1.8 Mil

Key Statistics

Price/Earnings (Normalized)
58.54
Price/Sales
20.57
Dividend Yield (Trailing)
0.32%
Dividend Yield (Forward)
0.32%
Total Yield
0.32%

Company Profile

Fortnox AB provides internet-based business applications that offer products, packages, and integrations to cover a business’s financial and administrative needs by creating easy flows in accounting, invoicing, financing, and managing employees. Its segments are Businesses, Accounting Firms, Core Products, Financial Services, and Marketplaces.
Sector
Technology
Industry
Software - Application
Stock Style Box
Mid Growth
Total Number of Employees
886

Comparables

Valuation

Metric
FNOX
NOTE
NAVIGO PREF
Price/Earnings (Normalized)
58.5412.00158.63
Price/Book Value
19.272.126.00
Price/Sales
20.570.7920.71
Price/Cash Flow
47.188.07
Price/Earnings
FNOX
NOTE
NAVIGO PREF

Financial Strength

Metric
FNOX
NOTE
NAVIGO PREF
Quick Ratio
1.710.951.13
Current Ratio
1.751.801.31
Interest Coverage
9.291.34
Quick Ratio
FNOX
NOTE
NAVIGO PREF

Profitability

Metric
FNOX
NOTE
NAVIGO PREF
Return on Assets (Normalized)
24.23%7.85%−1.35%
Return on Equity (Normalized)
37.46%18.05%−1.75%
Return on Invested Capital (Normalized)
33.53%13.44%−0.27%
Return on Assets
FNOX
NOTE
NAVIGO PREF

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