Fortnox AB
LSE:0G3T
Decide at what price you'd be comfortable buying and we'll help you stay ready.
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EV/EBITDA
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (55.6), the stock would be worth kr44.71 (3% downside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 57.3 | kr46.09 |
0%
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| 3-Year Average | 55.6 | kr44.71 |
-3%
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| 5-Year Average | 57.3 | kr46.09 |
0%
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| Industry Average | 17.1 | kr13.76 |
-70%
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| Country Average | 14.9 | kr11.94 |
-74%
|
Forward EV/EBITDA
Today’s price vs future ebitda
| Today's Enterprise Value | EBITDA | Forward EV/EBITDA | ||
|---|---|---|---|---|
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kr53.8B
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/ |
Apr 2025
kr938m
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= |
|
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kr53.8B
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/ |
Dec 2025
kr1.4B
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= |
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kr53.8B
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/ |
Dec 2026
kr1.7B
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= |
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kr53.8B
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/ |
Dec 2027
kr2.1B
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= |
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Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| SE |
|
Fortnox AB
LSE:0G3T
|
54.5B SEK | 57.3 | 70.7 | |
| US |
|
Ezenia! Inc
OTC:EZEN
|
567B USD | -182 667.2 | -180 630.8 | |
| US |
|
Palantir Technologies Inc
NASDAQ:PLTR
|
341B USD | 231.5 | 209.4 | |
| DE |
|
SAP SE
XETRA:SAP
|
171.8B EUR | 14.4 | 23.4 | |
| US |
|
Salesforce Inc
NYSE:CRM
|
166.9B USD | 13.4 | 22.4 | |
| US |
|
Applovin Corp
NASDAQ:APP
|
151.7B USD | 35.1 | 45.5 | |
| US |
|
Intuit Inc
NASDAQ:INTU
|
109.9B USD | 17.7 | 25.3 | |
| US |
|
Adobe Inc
NASDAQ:ADBE
|
99.6B USD | 10 | 13.8 | |
| US |
|
Synopsys Inc
NASDAQ:SNPS
|
95.9B USD | 50.6 | 87 | |
| US |
N
|
NCR Corp
LSE:0K45
|
86.7B USD | 233 | 2 065.2 | |
| US |
|
Cadence Design Systems Inc
NASDAQ:CDNS
|
90.5B USD | 47.7 | 81.6 |
Market Distribution
| Min | 0.2 |
| 30th Percentile | 9.4 |
| Median | 14.9 |
| 70th Percentile | 19.4 |
| Max | 4 325.3 |
Other Multiples
Fortnox AB
Glance View
Fortnox AB, nestled in the heart of Sweden, has carved a remarkable niche in the realm of cloud-based solutions, catering predominantly to small and medium-sized enterprises (SMEs). Born out of the necessity to simplify and streamline cumbersome business processes, Fortnox offers a spectrum of software services that facilitate accounting, invoicing, payroll, and much more. At its core, the company operates on a subscription-based model, which not only ensures a steady stream of recurring revenue but also allows its customers to customize their usage based on unique business needs. This adaptability and the convenience of cloud services provide Fortnox’s clients with the freedom to manage their business affairs with unparalleled ease and efficiency, from anywhere at any time. Emphasizing integration and user-friendliness, Fortnox thrives on the principle of connectivity—partnering seamlessly with various banks and financial institutions. This interconnectedness enhances the company’s appeal as it transforms financial data management into a more streamlined, automated process, fostering greater agility for its customers. By continuously evolving its product offerings and incorporating cutting-edge technological advancements, Fortnox ensures it remains at the forefront of innovation within the crowded financial technology sector. As businesses increasingly migrate to digital platforms, Fortnox cleverly positions itself as more than just a service provider; it becomes an indispensable partner in the digital transformation journey, effectively creating an ecosystem that encourages growth and innovation for SMEs across Sweden and beyond.