XSTOFNOX
Market cap4.03bUSD
Dec 20, Last price
72.82SEK
1D
0.69%
1Q
10.67%
Jan 2017
2,335.45%
IPO
2,455.09%
Name
Fortnox AB
Chart & Performance
Profile
Fortnox AB (publ) operates a cloud-based platform for financial administration for small businesses, accounting firms, associations, and schools. It offers various programs and services for accounting, billing, quotation and order, stocks, salary, receipt and travel, direct debit, plant registry, supplier certificate and read, school support, time, invoice interpretation, credit information, e-invoice, invoice service, and invoice purchases. The company also provides insurance services. Fortnox AB (publ) was founded in 1993 and is headquartered in Växjö, Sweden.
Valuation
Title SEK in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 1,642,000 28.71% | 1,275,700 36.88% | 931,980 34.34% | |||||||
Cost of revenue | 652,000 | 553,500 | 587,452 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 990,000 | 722,200 | 344,528 | |||||||
NOPBT Margin | 60.29% | 56.61% | 36.97% | |||||||
Operating Taxes | 107,000 | 105,900 | 67,714 | |||||||
Tax Rate | 10.81% | 14.66% | 19.65% | |||||||
NOPAT | 883,000 | 616,300 | 276,814 | |||||||
Net income | 570,000 64.27% | 347,000 43.92% | 241,100 17.39% | |||||||
Dividends | (73,000) | (48,800) | (45,613) | |||||||
Dividend yield | 0.20% | 0.17% | 0.13% | |||||||
Proceeds from repurchase of equity | (6,000) | 900 | 13,983 | |||||||
BB yield | 0.02% | 0.00% | -0.04% | |||||||
Debt | ||||||||||
Debt current | 33,000 | 33,900 | 143,019 | |||||||
Long-term debt | 259,000 | 491,600 | 523,323 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 11,000 | 97,800 | 90,668 | |||||||
Net debt | (245,000) | 64,400 | 276,075 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 646,000 | 441,000 | 316,371 | |||||||
CAPEX | (4,000) | (139,200) | (100,830) | |||||||
Cash from investing activities | (253,000) | (185,200) | (477,408) | |||||||
Cash from financing activities | (313,000) | (194,500) | 121,746 | |||||||
FCF | 712,400 | 461,526 | 273,957 | |||||||
Balance | ||||||||||
Cash | 514,000 | 434,700 | 373,323 | |||||||
Long term investments | 23,000 | 26,400 | 16,944 | |||||||
Excess cash | 454,900 | 397,315 | 343,668 | |||||||
Stockholders' equity | 1,348,000 | 860,100 | 562,079 | |||||||
Invested Capital | 1,474,100 | 1,257,085 | 1,149,064 | |||||||
ROIC | 64.66% | 51.23% | 40.38% | |||||||
ROCE | 50.46% | 42.69% | 22.53% | |||||||
EV | ||||||||||
Common stock shares outstanding | 609,897 | 609,779 | 608,480 | |||||||
Price | 60.28 27.47% | 47.29 -19.16% | 58.50 -87.35% | |||||||
Market cap | 36,764,591 27.49% | 28,836,449 -18.99% | 35,596,080 -87.23% | |||||||
EV | 36,519,591 | 28,900,849 | 35,872,155 | |||||||
EBITDA | 1,150,000 | 846,700 | 429,153 | |||||||
EV/EBITDA | 31.76 | 34.13 | 83.59 | |||||||
Interest | 11,000 | 7,500 | 4,006 | |||||||
Interest/NOPBT | 1.11% | 1.04% | 1.16% |