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Updated 1y ago
9E80 logo

Fortnox AB (publ)DB:9E80 Stock Report

Market Cap €4.9b
Updated 1y ago
Share Price
n/a
1Y43.3%
7D0.7%
1D-1.2%
Portfolio Value
​
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Fortnox AB (publ)

DB:9E80 Stock Report

Market Cap: €4.9b

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Fortnox (9E80) Stock Overview

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. More details

9E80 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance5/6
Financial Health6/6
Dividends0/6

Rewards

Earnings are forecast to grow 22.67% per year

Earnings grew by 25.8% over the past year

Risk Analysis

9E80 passed our risk checks.

9E80 Community Fair Values

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€
Current Price
€7.9245.4% undervalued intrinsic discount
%/yr
Decrease
Increase
PastFuture05b2016201920222025202620282031Revenue SEK 5.3bEarnings SEK 1.9b
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Fortnox AB (publ) Competitors

ATOSS Software

Symbol: XTRA:AOF
Market cap: €1.4b

Nemetschek

Symbol: XTRA:NEM
Market cap: €6.7b

TeamViewer

Symbol: XTRA:TMV
Market cap: €991.7m

innoscripta

Symbol: XTRA:1INN
Market cap: €810.0m

Price History & Performance

Summary of share price highs, lows and changes for Fortnox
Historical stock prices
Current Share PriceSEK 7.92
52 Week HighSEK 8.23
52 Week LowSEK 4.70
Beta1.4
1 Month Change-2.53%
3 Month Change0.79%
1 Year Change43.25%
3 Year Change46.14%
5 Year Changen/a
Change since IPO82.01%

Recent News & Updates

Recent updates

Shareholder Returns

9E80DE SoftwareDE Market
7D0.7%-4.4%-2.1%
1Y43.3%-19.9%3.6%

Return vs Industry: 9E80 exceeded the German Software industry which returned 25.4% over the past year.

Return vs Market: 9E80 exceeded the German Market which returned 19.1% over the past year.

Price Volatility

Is 9E80's price volatile compared to industry and market?
9E80 volatility
9E80 Average Weekly Movement2.4%
Software Industry Average Movement6.2%
Market Average Movement5.1%
10% most volatile stocks in DE Market12.6%
10% least volatile stocks in DE Market2.6%

Stable Share Price: 9E80 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 9E80's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993889Tommy Eklundwww.fortnox.se

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. The company offers accounting products comprising bookkeeping, bookkeeping approval and review, supplier invoice approval, invoice data capture, fixed assets register, read, and audit access; billing products consisting of invoicing, basic invoicing, inventory, quote, order, autogiro/direct debit, and time products; business proposal products, such as business opportunities, find service provider, quote and contracts, and signing; and reporting products, including annual accounts and taxes, reconciliation and reporting, group, report and analysis, and company manager. It also provides people products comprising payroll, expense management, travel, business card, employees approval, and employee; engage products, including Insights, Start Page, ToDo, and App; payment solutions, such as payment, invoice, and reminder services; and finance services consisting of invoice factoring, business loans, invoice discounting, and financial decision support.

Fortnox AB (publ) Fundamentals Summary

How do Fortnox's earnings and revenue compare to its market cap?
9E80 fundamental statistics
Market cap€4.88b
Earnings (TTM)€68.98m
Revenue (TTM)€191.46m
70.7x
P/E Ratio
25.5x
P/S Ratio

Is 9E80 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
9E80 income statement (TTM)
RevenueSEK 2.14b
Cost of RevenueSEK 783.00m
Gross ProfitSEK 1.36b
Other ExpensesSEK 586.00m
EarningsSEK 771.00m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Oct 23, 2025

Earnings per share (EPS)1.26
Gross Margin63.41%
Net Profit Margin36.03%
Debt/Equity Ratio0%

How did 9E80 perform over the long term?

See historical performance and comparison

Dividends

0.3%
Current Dividend Yield
20%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/28 03:19
End of Day Share Price 2025/07/24 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fortnox AB (publ) is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Simon GranathABG Sundal Collier Sponsored
Carl DeijenbergCarnegie Investment Bank AB

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