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FastPassCorp

CPSE:FASTPC
Snowflake Description

Adequate balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FASTPC
CPSE
DKK34M
Market Cap
  1. Home
  2. DK
  3. Software
Company description

FastPassCorp A/S provides enterprise password management solutions for enterprises and managed service providers in Denmark. The last earnings update was 2489 days ago. More info.


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FASTPC Share Price and Events
7 Day Returns
7.9%
CPSE:FASTPC
-1.4%
DK Software
1.6%
DK Market
1 Year Returns
-1.4%
CPSE:FASTPC
13.6%
DK Software
1.9%
DK Market
FASTPC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
FastPassCorp (FASTPC) 7.9% -3.3% -17.7% -1.4% 61.4% -12.8%
DK Software -1.4% -1.7% 5.6% 13.6% 67.5% 103%
DK Market 1.6% 3.3% 0.2% 1.9% 17.4% 35.1%
1 Year Return vs Industry and Market
  • FASTPC underperformed the Software industry which returned 13.6% over the past year.
  • FASTPC underperformed the Market in Denmark which returned 1.9% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for FastPassCorp's competitors could be found in our database.

FASTPC Value

 Is FastPassCorp undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of FastPassCorp to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for FastPassCorp.

CPSE:FASTPC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.7%
Perpetual Growth Rate 10-Year DK Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for CPSE:FASTPC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DK Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.14
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.136 (1 + (1- 22%) (0%))
1.091
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.21% + (1.091 * 5.96%)
6.72%

Discounted Cash Flow Calculation for CPSE:FASTPC using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for FastPassCorp is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

CPSE:FASTPC DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (DKK, Millions) Source Present Value
Discounted (@ 6.72%)
2019 1.00 Analyst x1 0.94
2020 1.00 Analyst x1 0.88
2021 3.00 Analyst x1 2.47
2022 3.84 Est @ 28.05% 2.96
2023 4.60 Est @ 19.7% 3.32
2024 5.23 Est @ 13.85% 3.54
2025 5.75 Est @ 9.76% 3.65
2026 6.14 Est @ 6.9% 3.65
2027 6.44 Est @ 4.89% 3.59
2028 6.67 Est @ 3.49% 3.48
Present value of next 10 years cash flows DKK28.48
CPSE:FASTPC DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= DKK6.67 × (1 + 0.21%) ÷ (6.72% – 0.21%)
DKK102.73
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= DKK102.73 ÷ (1 + 6.72%)10
DKK53.63
CPSE:FASTPC Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= DKK28.48 + DKK53.63
DKK82.10
Equity Value per Share
(DKK)
= Total value / Shares Outstanding
= DKK82.10 / 0.83
DKK99.21
CPSE:FASTPC Discount to Share Price
Calculation Result
Value per share (DKK) From above. DKK99.21
Current discount Discount to share price of DKK41.00
= -1 x (DKK41.00 - DKK99.21) / DKK99.21
58.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price FastPassCorp is available for.
Intrinsic value
>50%
Share price is DKK41 vs Future cash flow value of DKK99.21
Current Discount Checks
For FastPassCorp to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • FastPassCorp's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • FastPassCorp's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for FastPassCorp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are FastPassCorp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
CPSE:FASTPC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2012-06-30) in DKK Not available
CPSE:FASTPC Share Price ** CPSE (2019-06-14) in DKK DKK41
Europe Software Industry PE Ratio Median Figure of 136 Publicly-Listed Software Companies 26.84x
Denmark Market PE Ratio Median Figure of 103 Publicly-Listed Companies 16.09x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of FastPassCorp.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to compare the PE ratio to the industry average as no data exists.
  • Unable to calculate PE ratio for FastPassCorp, we can't compare the value of its earnings to the Denmark market.
Price based on expected Growth
Does FastPassCorp's expected growth come at a high price?
Raw Data
CPSE:FASTPC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Europe Software Industry PEG Ratio Median Figure of 79 Publicly-Listed Software Companies 2.13x
Denmark Market PEG Ratio Median Figure of 44 Publicly-Listed Companies 2.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for FastPassCorp, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on FastPassCorp's assets?
Raw Data
CPSE:FASTPC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2012-06-30) in DKK Not available
CPSE:FASTPC Share Price * CPSE (2019-06-14) in DKK DKK41
Denmark Software Industry PB Ratio Median Figure of 6 Publicly-Listed Software Companies 7.43x
Denmark Market PB Ratio Median Figure of 136 Publicly-Listed Companies 1.61x

* Primary Listing of FastPassCorp.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to compare the PB ratio to the industry average as no data exists.
X
Value checks
We assess FastPassCorp's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. FastPassCorp has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FASTPC Future Performance

 How is FastPassCorp expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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 FastPassCorp 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19.1%
Expected Software industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is FastPassCorp expected to grow at an attractive rate?
  • Unable to compare FastPassCorp's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare FastPassCorp's earnings growth to the Denmark market average as no estimate data is available.
  • Unable to compare FastPassCorp's revenue growth to the Denmark market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
CPSE:FASTPC Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Software Industry Earnings Growth Rate Market Cap Weighted Average 19.1%
Europe Software Industry Revenue Growth Rate Market Cap Weighted Average 7.9%
Denmark Market Earnings Growth Rate Market Cap Weighted Average 10.4%
Denmark Market Revenue Growth Rate Market Cap Weighted Average 6.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
CPSE:FASTPC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 years ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in DKK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
CPSE:FASTPC Future Estimates Data
Date (Data in DKK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 23 8 3 1
2020-12-31 15 5 2 1
2019-12-31 11 3 1 1
2018-12-31 10 3 2 1
CPSE:FASTPC Past Financials Data
Date (Data in DKK Millions) Revenue Cash Flow Net Income *
2012-06-30 4 -2 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if FastPassCorp is high growth as no earnings estimate data is available.
  • Unable to determine if FastPassCorp is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
CPSE:FASTPC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 years ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from FastPassCorp Company Filings, last reported 6 years ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CPSE:FASTPC Future Estimates Data
Date (Data in DKK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 3.75 3.75 3.75 1.00
2020-12-31 2.16 2.16 2.16 1.00
2019-12-31 1.34 1.34 1.34 1.00
2018-12-31 2.10 2.10 2.10 1.00
CPSE:FASTPC Past Financials Data
Date (Data in DKK Millions) EPS *
2012-06-30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if FastPassCorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine FastPassCorp's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. FastPassCorp's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Software companies here
  3. FastPassCorp's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess FastPassCorp's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
FastPassCorp has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FASTPC Past Performance

  How has FastPassCorp performed over the past 5 years?

In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, FastPassCorp has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data. You can see them here.

Show me the analysis anyway

  • FastPassCorp's last earnings update was 2489 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare FastPassCorp's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient past earnings data to establish if FastPassCorp's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare FastPassCorp's 1-year growth to the 5-year average as past earnings data has not been reported.
  • Unable to compare FastPassCorp's 1-year growth to the Europe Software industry average as past earnings data has not been reported.
Earnings and Revenue History
FastPassCorp's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from FastPassCorp Company Filings, last reported 6 years ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

CPSE:FASTPC Past Revenue, Cash Flow and Net Income Data
Date (Data in DKK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2012-06-30 4.35 -2.62 1.73

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Unable to establish if FastPassCorp has efficiently used shareholders’ funds last year as no Return on Equity data is available.
  • Unable to establish if FastPassCorp has efficiently used its assets last year compared to the Europe Software industry average (Return on Assets) as past financial data has not been reported.
  • Unable to establish if FastPassCorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.

Next steps:

  1. Examine FastPassCorp'sFastPassCorp's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Past financial records are usually unavailable for companies that have just been established or recently publicly listed, which makes them inherently riskier. Take a look at a list of well-established companies here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Past performance checks
We assess FastPassCorp's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
FastPassCorp has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FASTPC Health

 How is FastPassCorp's financial health and their level of debt?

In this section we usually analyse FastPassCorp's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. FastPassCorp has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information. You can see them here.

Show me the analysis anyway

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up FastPassCorp's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Unable to compare short term assets to short term liabilities as FastPassCorp has not reported sufficient balance sheet data.
  • Unable to establish if FastPassCorp's long term commitments exceed its cash and other short term assets as FastPassCorp has not reported sufficient balance sheet data.
Balance sheet
This treemap shows a more detailed breakdown of FastPassCorp's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Unable to establish if FastPassCorp has a high level of physical assets or inventory without balance sheet data.
  • FastPassCorp has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from FastPassCorp Company Filings, last reported 6 years ago.

CPSE:FASTPC Past Debt and Equity Data
Date (Data in DKK Millions) Total Equity Total Debt Cash & Short Term Investments
2012-06-30 4.06 0.00 0.00
  • FastPassCorp has no debt.
  • FastPassCorp has not taken on any debt in the past 5 years.
  • FastPassCorp has no debt, it does not need to be covered by operating cash flow.
  • FastPassCorp has no debt, therefore coverage of interest payments is not a concern.

Next steps:

  1. Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. FastPassCorp's cash and debt levels may be found in its annual reports archived here.
  2. Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when FastPassCorp's financial data was last updated here.
  3. Companies with strong financial health are considered a less risky investment. Discover these stocks here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Financial health checks
We assess FastPassCorp's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. FastPassCorp has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FASTPC Dividends

 What is FastPassCorp's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.88%
Current annual income from FastPassCorp dividends. Estimated to be 4.93% next year.
If you bought DKK2,000 of FastPassCorp shares you are expected to receive DKK98 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • FastPassCorp's pays a higher dividend yield than the bottom 25% of dividend payers in Denmark (1.65%).
  • FastPassCorp's dividend is above the markets top 25% of dividend payers in Denmark (4.77%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
CPSE:FASTPC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Software Industry Average Dividend Yield Market Cap Weighted Average of 84 Stocks 1.3%
Denmark Market Average Dividend Yield Market Cap Weighted Average of 78 Stocks 2.4%
Denmark Minimum Threshold Dividend Yield 10th Percentile 1%
Denmark Bottom 25% Dividend Yield 25th Percentile 1.6%
Denmark Top 25% Dividend Yield 75th Percentile 4.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

CPSE:FASTPC Future Dividends Estimate Data
Date (Data in DKK) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 2.06 1.00
2020-12-31 2.01 1.00
2019-12-31 2.00 1.00
2018-12-31 2.01 1.00
CPSE:FASTPC Past Annualized Dividends Data
Date (Data in DKK) Dividend per share (annual) Avg. Yield (%)
2019-03-01 2.000 4.349
2018-03-01 2.000 4.455
2017-03-06 2.000 4.459

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, FastPassCorp has been paying a dividend for less than 10 years.
  • FastPassCorp has only been paying a dividend for 2 years, and since then there has been no growth.
Current Payout to shareholders
What portion of FastPassCorp's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as FastPassCorp has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess FastPassCorp's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can FastPassCorp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. FastPassCorp has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FASTPC Management

 What is the CEO of FastPassCorp's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Finn Jensen
TENURE AS CEO 10.7 years
CEO Bio

Mr. Finn Jensen has been the Chief Executive Officer of FastPassCorp A/S since October 2008. Before joining FastPassCorp, Mr. Jensen served as the Chief Executive Officer and Partner of Alpha IT, a managed Service Provider focusing on small and medium size companies. Before that, he served as Chief Executive Officer and Partner of Guidex, an ERP vendor primarily targeting midsized companies. He also carried out Chief Executive Officer positions at Bull Denmark and Bording Data and served as Director of System Integration at Bull Northern Europe. He started his career as Sales Manager at IBM Denmark and as Sales Director at Tandem Computer. Mr. Jensen has wealth of business and management experience. As the Chief Executive Officer of several IT companies, he has most of all brought profitable growth in different IT environments. His background covers partnering ownership of Service Providers, ERP vendors. He holds a Bachelor in economics from Aarhus Business School. He holds BBA at Aarhus Universitet from 1970 to 1973.

CEO Compensation
  • Insufficient data for Finn to compare compensation growth.
  • Insufficient data for Finn to establish whether their remuneration is reasonable compared to companies of similar size in Denmark.
Management Team

Finn Jensen

TITLE
Chief Executive Officer
TENURE
10.7 yrs
Board of Directors

Tommy Larsen

TITLE
Chairman

Jess Ibsen

TITLE
Director

Nicolai Platzer

TITLE
Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (DKK) Value (DKK)
X
Management checks
We assess FastPassCorp's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. FastPassCorp has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FASTPC News

Simply Wall St News

Is FastPassCorp A/S (CPH:FASTPC) A Top Dividend Stock?

Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. … FastPassCorp A/S (CPH:FASTPC) has paid a dividend to shareholders in the last few years. … See our latest analysis for FastPassCorp

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What Are The Drivers Of FastPassCorp A/S's (CPH:FASTPC) Risks?

Broadly speaking, there are two types of risk you should consider when investing in stocks such as FASTPC. … The other type of risk, which cannot be diversified away, is market risk. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few.

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Should You Worry About FastPassCorp A/S's (CPH:FASTPC) Cash Runway?

Cash is crucial to run a business, and if a company burns through its reserves fast, it will need to come back to market for additional capital raising. … However, even with declining costs, the current level of cash is not enough to sustain FastPassCorp’s operations and the company may need to come to market to raise more capital within the year. … The cash burn analysis result indicates a cash constraint for the company, due to its current level of cash reserves.

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FastPassCorp A/S (CPH:FASTPC): How Does It Impact Your Portfolio?

View our latest analysis for FastPassCorp An interpretation of FASTPC's beta FastPassCorp has a beta of 1.04, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … Based on this beta value, FASTPC may be a stock for investors with a portfolio mainly made up of low-beta stocks. … FASTPC, with its market capitalisation of Ø32.51M, is a small-cap stock, which generally have higher beta than similar companies of larger size.

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FASTPC Company Info

Description

FastPassCorp A/S provides enterprise password management solutions for enterprises and managed service providers in Denmark. It offers Fastpass Enterprise Password Manager for password self-service and compliance for corporations; Facilitated Password Reset for the service desk process; Fastpass Cloud Password Manager, a Web based password manager for medium and large companies who want to improve productivity and security related to password self-service processes; and MSP password management self-service. The company was founded in 2000 and is headquartered in Kongens Lyngby, Denmark.

Details
Name: FastPassCorp A/S
FASTPC
Exchange: CPSE
Founded: 2000
DKK33,931,518
827,598
Website: http://www.fastpasscorp.com
Address: FastPassCorp A/S
Lyngby Hovedgade 98,
Kongens Lyngby,
Capital Region of Denmark, 2800,
Denmark
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
CPSE FASTPC Share Capital OMX Nordic Exchange Copenhagen DK DKK 15. Oct 2007
CPSE FASTPC DKK20 OMX Nordic Exchange Copenhagen DK DKK 15. Jun 2019
Number of employees
Current staff
Staff numbers
0
FastPassCorp employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/15 20:59
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/06/12
Last earnings filing: 2012/08/21
Last earnings reported: 2012/06/30
Last annual earnings reported: 2011/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.