Fortress Technologies Inc. does not have significant operations.
Flawless balance sheet and fair value.
Share Price & News
How has Fortress Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FB0 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how FB0 performed against the German Software industry.
Return vs Market: Insufficient data to determine how FB0 performed against the German Market.
Price Volatility Vs. Market
How volatile is Fortress Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Fortress Technologies undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FB0 (€0.09) is trading below our estimate of fair value (€0.24)
Significantly Below Fair Value: FB0 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FB0 is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: FB0 is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FB0's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FB0 is good value based on its PB Ratio (0.8x) compared to the DE Software industry average (3.2x).
How is Fortress Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Fortress Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Fortress Technologies is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Fortress Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has Fortress Technologies performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: FB0 is currently unprofitable.
Growing Profit Margin: FB0 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if FB0's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare FB0's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FB0 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (14.6%).
Return on Equity
High ROE: FB0 has a negative Return on Equity (-88.12%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Fortress Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: FB0's short term assets (CA$10.9M) exceed its short term liabilities (CA$208.6K).
Long Term Liabilities: FB0 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FB0 is debt free.
Reducing Debt: FB0 had no debt 5 years ago.
Inventory Level: FB0 has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if FB0's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable FB0 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FB0 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.5% per year.
What is Fortress Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate FB0's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate FB0's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FB0's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FB0's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FB0's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Aydin Kilic 0
Mr. Aydin Kilic has been President, Chief Executive Officer since August 2018 and Director since August 16, 2018 at Fortress Technologies Inc.
CEO Compensation Analysis
Compensation vs Market: Aydin's total compensation ($USD194.41K) is below average for companies of similar size in the German market ($USD412.50K).
Compensation vs Earnings: Insufficient data to compare Aydin's compensation with company performance.
|Independent Director||1.5yrs||no data||0.70% CA$45.4k|
|Independent Director||1.5yrs||no data||0.84% CA$54.5k|
|Chairman||1.5yrs||no data||10.62% CA$686.3k|
|Independent Director||1.5yrs||no data||0.37% CA$24.0k|
Experienced Board: FB0's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 38.2%.
Fortress Technologies Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Fortress Technologies Inc.
- Ticker: FB0
- Exchange: DB
- Industry: Application Software
- Sector: Software
- Market Cap: CA$9.253m
- Listing Market Cap: CA$6.465m
- Shares outstanding: 71.18m
- Website: https://www.fortresstechnologies.io
- Fortress Technologies Inc.
- 638 Broughton Street
- Suite 320
- British Columbia
- V6G 3K3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FORT||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Aug 2018|
|FB0||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Aug 2018|
Fortress Technologies Inc. does not have significant operations. The company is evaluating opportunities in technology sectors. Previously, it was involved in the cryptocurrency mining operations in the North American green-energy regions. Fortress Technologies Inc. is headquartered in Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/21 00:00|
|End of Day Share Price||2020/02/20 00:00|
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 here.