(FNOX) Fortnox - Ratings and Ratios

Exchange: ST • Country: Sweden • Currency: SEK • Type: Common Stock • ISIN: SE0017161243

FNOX EPS (Earnings per Share)

This chart shows the EPS (Earnings per Share) of FNOX over the last 5 years for every Quarter.

FNOX Revenue

This chart shows the Revenue of FNOX over the last 5 years for every Quarter.

FNOX: Accounting, Billing, Reporting, Payroll, Integration, Payments, Finance

Fortnox AB is a Swedish software company that provides a comprehensive suite of financial and administrative solutions to small and medium-sized businesses, accounting firms, and organizations. The companys product portfolio includes accounting, billing, business proposal, and reporting tools, as well as payroll, expense management, and payment solutions. Fortnox also offers integrations, API, and customer infrastructure products, making it a one-stop-shop for businesses looking to streamline their financial management.

With a strong presence in Sweden, Fortnox has established itself as a leading provider of application software, leveraging its expertise to drive growth and innovation. The companys products are sold through accounting firms and its website, allowing it to reach a wide customer base. Fortnoxs commitment to delivering smart technical products and services has enabled it to build a loyal customer base and drive revenue growth.

Analyzing the technical data, Fortnoxs stock price is currently at 85.70 SEK, with a 20-day SMA of 86.74 SEK and a 50-day SMA of 83.06 SEK. The stock is trading above its 200-day SMA of 70.77 SEK, indicating a positive trend. The ATR is 0.67 SEK, representing a 0.79% volatility. Given the current technical setup, it is likely that the stock will continue its upward momentum, potentially reaching the 52-week high of 87.00 SEK.

From a fundamental perspective, Fortnoxs market capitalization stands at 53.0 billion SEK, with a P/E ratio of 69.00 and a forward P/E of 59.17. The companys return on equity is 33.97%, indicating strong profitability. Using a combination of technical and fundamental analysis, a forecast for Fortnoxs stock price could be made. Assuming the company continues to deliver strong earnings growth, driven by its expanding product portfolio and increasing market share, the stock price could potentially reach 95.00 SEK in the next 6-12 months, representing a 10-15% upside from current levels.

Based on the analysis, it is recommended to accumulate Fortnoxs stock, as the companys strong fundamentals, coupled with its positive technical trend, make it an attractive investment opportunity. However, it is essential to continue monitoring the companys performance and adjust the forecast accordingly.

Additional Sources for FNOX Stock

Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle

FNOX Stock Overview

Market Cap in USD 5,568m
Sector Technology
Industry Software - Application
GiC Sub-Industry Application Software
IPO / Inception

FNOX Stock Ratings

Growth Rating 81.4
Fundamental 90.9
Dividend Rating 53.6
Rel. Strength 22
Analysts -
Fair Price Momentum 104.28 SEK
Fair Price DCF 24.49 SEK

FNOX Dividends

Dividend Yield 12m 0.32%
Yield on Cost 5y 0.95%
Annual Growth 5y 31.95%
Payout Consistency 85.0%
Payout Ratio 19.8%

FNOX Growth Ratios

Growth Correlation 3m 84.5%
Growth Correlation 12m 79.9%
Growth Correlation 5y 85.7%
CAGR 5y 27.82%
CAGR/Max DD 5y 0.60
Sharpe Ratio 12m -0.09
Alpha 35.71
Beta -0.776
Volatility 24.22%
Current Volume 697.2k
Average Volume 20d 2257k
What is the price of FNOX shares?
As of June 15, 2025, the stock is trading at SEK 89.76 with a total of 697,240 shares traded.
Over the past week, the price has changed by +2.58%, over one month by +3.17%, over three months by +40.18% and over the past year by +37.82%.
Is Fortnox a good stock to buy?
Yes, based on ValueRay´s Fundamental Analyses, Fortnox (ST:FNOX) is currently (June 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 90.85 and therefor a positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FNOX is around 104.28 SEK . This means that FNOX is currently undervalued and has a potential upside of +16.18% (Margin of Safety).
Is FNOX a buy, sell or hold?
Fortnox has no consensus analysts rating.
What are the forecasts for FNOX share price target?
According to our own proprietary Forecast Model, FNOX Fortnox will be worth about 112.6 in June 2026. The stock is currently trading at 89.76. This means that the stock has a potential upside of +25.47%.
Issuer Target Up/Down from current
Wallstreet Target Price 81.1 -9.6%
Analysts Target Price - -
ValueRay Target Price 112.6 25.5%