Fortnox Future Growth
Future criteria checks 5/6
Fortnox is forecast to grow earnings and revenue by 22.1% and 19.5% per annum respectively. EPS is expected to grow by 22.1% per annum. Return on equity is forecast to be 31.7% in 3 years.
Key information
22.1%
Earnings growth rate
22.1%
EPS growth rate
| Software earnings growth | 35.4% |
| Revenue growth rate | 19.5% |
| Future return on equity | 31.7% |
| Analyst coverage | Good |
| Last updated | 18 Apr 2024 |
Recent future growth updates
Recent updates
Fortnox AB (publ) (STO:FNOX) Shares Could Be 27% Above Their Intrinsic Value Estimate
Apr 09
Fortnox (STO:FNOX) Might Be Having Difficulty Using Its Capital Effectively
Mar 08Earnings Tell The Story For Fortnox AB (publ) (STO:FNOX) As Its Stock Soars 37%
Feb 19Fortnox AB (publ) Just Beat EPS By 10%: Here's What Analysts Think Will Happen Next
Feb 18With Fortnox AB (publ) (STO:FNOX) It Looks Like You'll Get What You Pay For
Jan 05When Should You Buy Fortnox AB (publ) (STO:FNOX)?
Dec 21Is Fortnox (STO:FNOX) A Risky Investment?
Nov 23Is Now The Time To Put Fortnox (STO:FNOX) On Your Watchlist?
Nov 09Calculating The Intrinsic Value Of Fortnox AB (publ) (STO:FNOX)
Oct 27Is There Now An Opportunity In Fortnox AB (publ) (STO:FNOX)?
Sep 17These 4 Measures Indicate That Fortnox (STO:FNOX) Is Using Debt Safely
Aug 20If EPS Growth Is Important To You, Fortnox (STO:FNOX) Presents An Opportunity
Aug 08At kr65.50, Is It Time To Put Fortnox AB (publ) (STO:FNOX) On Your Watch List?
Jun 09Fortnox (STO:FNOX) Has A Rock Solid Balance Sheet
May 12Do Fortnox's (STO:FNOX) Earnings Warrant Your Attention?
Apr 06Is Fortnox (STO:FNOX) Using Too Much Debt?
Jan 18Here's Why We Think Fortnox (STO:FNOX) Might Deserve Your Attention Today
Dec 16A Look At The Intrinsic Value Of Fortnox AB (publ) (STO:FNOX)
Dec 01What Does Fortnox AB (publ)'s (STO:FNOX) Share Price Indicate?
Oct 31Fortnox (STO:FNOX) Seems To Use Debt Rather Sparingly
Oct 16If EPS Growth Is Important To You, Fortnox (STO:FNOX) Presents An Opportunity
Sep 12Fortnox AB (publ) (STO:FNOX) Shares Could Be 26% Below Their Intrinsic Value Estimate
Aug 25Is Fortnox AB (publ) (STO:FNOX) Potentially Undervalued?
Jul 20Fortnox (STO:FNOX) Could Easily Take On More Debt
Jul 02Is There An Opportunity With Fortnox AB (publ)'s (STO:FNOX) 20% Undervaluation?
May 26Here's Why I Think Fortnox (STO:FNOX) Is An Interesting Stock
May 04At kr58.79, Is Fortnox AB (publ) (STO:FNOX) Worth Looking At Closely?
Apr 16Estimating The Fair Value Of Fortnox AB (publ) (NGM:FNOX)
Jan 13Here's Why I Think Fortnox (NGM:FNOX) Might Deserve Your Attention Today
Dec 21I Ran A Stock Scan For Earnings Growth And Fortnox (NGM:FNOX) Passed With Ease
Sep 16When Should You Buy Fortnox AB (NGM:FNOX)?
Jul 22Is Fortnox AB (NGM:FNOX) Worth kr390 Based On Its Intrinsic Value?
Jun 10Does Fortnox (NGM:FNOX) Deserve A Spot On Your Watchlist?
May 20Fortnox's (NGM:FNOX) Earnings Are Growing But Is There More To The Story?
Feb 18Should We Be Excited About The Trends Of Returns At Fortnox (NGM:FNOX)?
Jan 28
Is Fortnox AB's(NGM:FNOX) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 08Here's Why I Think Fortnox (NGM:FNOX) Is An Interesting Stock
Dec 17What Kind Of Shareholders Hold The Majority In Fortnox AB's (NGM:FNOX) Shares?
Nov 29Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 3,195 | 1,199 | 1,060 | 1,420 | 6 |
| 12/31/2025 | 2,590 | 920 | 828 | 1,092 | 8 |
| 12/31/2024 | 2,091 | 721 | 709 | 887 | 7 |
| 12/31/2023 | 1,642 | 570 | 480 | 646 | N/A |
| 9/30/2023 | 1,548 | 476 | 364 | 525 | N/A |
| 6/30/2023 | 1,465 | 439 | 424 | 581 | N/A |
| 3/31/2023 | 1,366 | 386 | 340 | 491 | N/A |
| 12/31/2022 | 1,276 | 347 | 302 | 441 | N/A |
| 9/30/2022 | 1,186 | 315 | 270 | 400 | N/A |
| 6/30/2022 | 1,089 | 282 | 260 | 386 | N/A |
| 3/31/2022 | 1,011 | 262 | 207 | 320 | N/A |
| 12/31/2021 | 932 | 241 | 216 | 316 | N/A |
| 9/30/2021 | 853 | 232 | 241 | 333 | N/A |
| 6/30/2021 | 792 | 216 | 180 | 280 | N/A |
| 3/31/2021 | 732 | 210 | 242 | 342 | N/A |
| 12/31/2020 | 694 | 205 | 178 | 274 | N/A |
| 9/30/2020 | 659 | 188 | 169 | 258 | N/A |
| 6/30/2020 | 621 | 168 | 162 | 228 | N/A |
| 3/31/2020 | 579 | 151 | 122 | 173 | N/A |
| 12/31/2019 | 532 | 135 | 149 | 196 | N/A |
| 9/30/2019 | 491 | 122 | 118 | 157 | N/A |
| 6/30/2019 | 454 | 104 | 124 | 160 | N/A |
| 3/31/2019 | 420 | 90 | 93 | 129 | N/A |
| 12/31/2018 | 374 | 78 | 81 | 115 | N/A |
| 9/30/2018 | 364 | 65 | 61 | 97 | N/A |
| 6/30/2018 | 337 | 58 | 57 | 94 | N/A |
| 3/31/2018 | 311 | 51 | 40 | 79 | N/A |
| 12/31/2017 | 290 | 49 | 53 | 92 | N/A |
| 9/30/2017 | 265 | 49 | N/A | 77 | N/A |
| 6/30/2017 | 243 | 44 | N/A | 56 | N/A |
| 3/31/2017 | 226 | 40 | N/A | 68 | N/A |
| 12/31/2016 | 203 | 33 | N/A | 49 | N/A |
| 9/30/2016 | 189 | 30 | N/A | 53 | N/A |
| 6/30/2016 | 172 | 24 | N/A | 65 | N/A |
| 3/31/2016 | 156 | 22 | N/A | 53 | N/A |
| 12/31/2015 | 145 | 19 | N/A | 54 | N/A |
| 9/30/2015 | 132 | 14 | N/A | 39 | N/A |
| 6/30/2015 | 123 | 13 | N/A | 33 | N/A |
| 3/31/2015 | 114 | 12 | N/A | 24 | N/A |
| 12/31/2014 | 105 | 12 | N/A | 23 | N/A |
| 9/30/2014 | 96 | 11 | N/A | 23 | N/A |
| 6/30/2014 | 88 | 7 | N/A | 20 | N/A |
| 3/31/2014 | 82 | 6 | N/A | 18 | N/A |
| 12/31/2013 | 77 | 4 | N/A | 18 | N/A |
| 9/30/2013 | 73 | 6 | N/A | 16 | N/A |
| 6/30/2013 | 69 | 6 | N/A | 15 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FNOX's forecast earnings growth (22.1% per year) is above the savings rate (0.9%).
Earnings vs Market: FNOX's earnings (22.1% per year) are forecast to grow faster than the Swedish market (13.6% per year).
High Growth Earnings: FNOX's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FNOX's revenue (19.5% per year) is forecast to grow faster than the Swedish market (2.4% per year).
High Growth Revenue: FNOX's revenue (19.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FNOX's Return on Equity is forecast to be high in 3 years time (31.7%)