Fortnox AB logo

FNOX - Fortnox AB Share Price

SEK254.5 3.0  1.2%

Last Trade - 22/09/20

Sector
Technology
Size
Mid Cap
Market Cap £1.33bn
Enterprise Value £1.32bn
Revenue £54.8m
Position in Universe 246th / 1787
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -13.0%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -18.1%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
95.0 129.7 188.3 268.3 374.4 532.1 706 868 +41.1%
+162.8 +52.4 +63.3 +58.8 +48.3 +70.8 +46.4 +25.8
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2020, Fortnox AB revenues increased 37% to SEK330.8M. Net income applicable to common stockholders increased 59% to SEK89.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Other Operating Income increase of 37% to SEK6.6M (income). Basic Earnings per Share excluding Extraordinary Items increased from SEK0.94 to SEK1.49.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for FNOX
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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DPS
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Net Profit
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
FNOX EPS Forecasts Unlock FNOX Revenue
Profile Summary

Fortnox AB is a Sweden-based company, which offers Internet-based business applications for companies, associations, as well as accounting and auditing firms. The Company’s product portfolio includes programs for accounting, billing, sales support and payroll, such as Fortnox Accounting, Fortnox Invoicing, Fortnox order, Fortnox Archive, Fortnox Time and Fortnox CRM, as well as other programs. The Company’s services allow its users to access the applications thorugh the Internet and be logged in simultaneously from multiple locations. As of December 31, 2011, the Company’s three largest shareholders were Karlo Forvaltnings AB (10.45%), Banque Ohman S.A. (6.45%) and Nordea Life & Pensions (5.8%).

Directors
Last Annual December 31st, 2019
Last Interim June 30th, 2020
Public Since May 14, 2007
No. of Shareholders: 14,571
No. of Employees: 357
Sector Technology
Industry Software & IT Services
Index
Exchange Nordic Growth Market - Stockholm
Shares in Issue 60,135,293
Free Float (0.0%)
Eligible for
ISAs
SIPPs
FNOX Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
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Range (12m)
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Latest News for FNOX
Upcoming Events for FNOX
Frequently Asked Questions for Fortnox AB
What is the Fortnox AB share price?

As of 22/09/20, shares in Fortnox AB are trading at SEK254.5, giving the company a market capitalisation of £1.33bn. This share price information is delayed by 15 minutes.

How has the Fortnox AB share price performed this year?

Shares in Fortnox AB are currently trading at SEK254.5 and the price has moved by 42.09% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Fortnox AB price has moved by 52.43% over the past year.

What are the analyst and broker recommendations for Fortnox AB?

Of the analysts with advisory recommendations for Fortnox AB, there are there are currently "buy" , "hold" and "sell" recommendations. The overall consensus recommendation for Fortnox AB is Not available. You can view the full broker recommendation list by unlocking its StockReport.

When will Fortnox AB next release its financial results?

Fortnox AB is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Fortnox AB dividend yield?

The Fortnox AB dividend yield is 0.2% based on the trailing twelve month period.

Does Fortnox AB pay a dividend?

Last year, Fortnox AB paid a total dividend of 0.5, and it currently has a trailing dividend yield of 0.2%. Looking ahead, Fortnox AB has not announced an ex-dividend date yet.

When does Fortnox AB next pay dividends?

Fortnox AB has yet to annouce their ex-dividend date. The historic dividend yield on Fortnox AB shares is currently 0.2%.

How do I buy Fortnox AB shares?

To buy shares in Fortnox AB you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Fortnox AB?

Shares in Fortnox AB are currently trading at SEK254.5, giving the company a market capitalisation of £1.33bn.

Where are Fortnox AB shares listed? Where are Fortnox AB shares listed?

Here are the trading details for Fortnox AB:

Country of listing: Sweden
Exchange: NGM
Ticker Symbol: FNOX
What kind of share is Fortnox AB?

Based on an overall assessment of its quality, value and momentum, Fortnox AB is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Fortnox AB share price forecast 2020?

Shares in Fortnox AB are currently priced at SEK254.5. At that level they are trading at 73.36% premium to the analyst consensus target price of 0.00.

Analysts covering Fortnox AB currently have a consensus Earnings Per Share (EPS) forecast of 3.25 for the next financial year.

How can I tell whether the Fortnox AB share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Fortnox AB. Over the past six months, the relative strength of its shares against the market has been 41.76%. At the current price of SEK254.5, shares in Fortnox AB are trading at 13.91% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Fortnox AB PE Ratio?

The Fortnox AB PE ratio based on its reported earnings over the past 12 months is 91.35. The shares are currently trading at SEK254.5.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Fortnox AB?

Fortnox AB's management team is headed by:

Olof Hallrup - DRC
Sara Nylen - DHR
Anna Frick - DRC
Jesper Svensson - CTO
Joachim Lindow - CEX
Roger Hartelius - CEO
Johan Swedenborg - CMO
Asa Andersson - CEX
Cesar Nilsson - VBD
Camilla Skoog - DSL
Andreas Kemi - DRC
Trond Dale - CHM
Kerstin Sundberg - DRC
Magnus Gudehn - DRC
Tommy Eklund - CEO
Who are the major shareholders of Fortnox AB?

Here are the top five shareholders of Fortnox AB based on the size of their shareholding:

Capital Research Global Investors Investment Advisor
Percentage owned: 7.95% (4.78m shares)
American Funds SMALLCAP World Fund Mutual Fund
Percentage owned: 7.95% (4.78m shares)
Swedbank Robur Fonder AB Investment Advisor/Hedge Fund
Percentage owned: 5.65% (3.40m shares)
Swedbank Robur Ny Teknik Mutual Fund
Percentage owned: 5.65% (3.40m shares)
LF Miton European Opportunities Fund Mutual Fund
Percentage owned: 2.46% (1.48m shares)
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