Added to YB: 2025-04-08
Pitch date: 2025-04-06
FNOX.ST [neutral]
Fortnox AB (publ)
+5.48%
current return
Author Info
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Company Info
Fortnox AB (publ) provides smart technical products, packages, services, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations in Sweden.
Market Cap
SEK 52.7B
Pitch Price
SEK 84.75
Price Target
70.00 (-22%)
Dividend
0.29%
EV/EBITDA
51.57
P/E
68.57
EV/Sales
24.29
Sector
Software
Category
growth
Sweden: Some company valuations - Fortnox AB
FNOX.ST (quick overview): Cloud-based accounting software for SMBs. 20%+ revenue growth expected. Drivers: subscription model, ARPC growth, product innovation (AI, automation), acquisitions, Nordic expansion potential. Despite strong growth, DCF values at 70 SEK vs 85.70 SEK current price. Premium for growth potential.
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