Fortnox AB (publ) (FNOXF) Stock

About Fortnox AB (publ)

Fortnox AB (publ) delivers a comprehensive cloud-based platform specifically designed to streamline financial administration for a diverse range of clients, including small and medium-sized enterprises (SMEs), accounting practices, associations, and educational institutions. The company's extensive suite of software applications encompasses core functionalities such as accounting, billing, quotation and order management, inventory control, payroll processing, expense and travel management, direct debit capabilities, fixed asset registries, supplier certifications, school support systems, time tracking, automated invoice interpretation, credit information services, electronic invoicing, and various invoice financing solutions. Furthermore, Fortnox AB (publ) extends its offerings to include insurance services. Established in 1993, the company is headquartered in Växjö, Sweden.

Fortnox AB (publ) is headquartered in SE.

Fortnox AB (publ) (FNOXF) stock trades at $8.45 with a market capitalization of $5.67B. The stock is valued at a price-to-earnings (P/E) ratio of 77.07, price-to-book of 23.08, price-to-sales of 26.65. Over the past 52 weeks the stock has ranged between $6.70 and $8.75, and currently trades 3.4% below its 52-week high.

On profitability, Fortnox AB (publ) generates a return on equity (ROE) of 34.35% — well above the market average, a sign of a high-quality business, return on capital employed of 34.10%, an operating margin of 42.84%, a net profit margin of 34.72%.

Official website: www.fortnox.se