Fortnox AB (publ) (FNOXF)

Fortnox AB Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 24, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	5,735	3,974	3,655	2,766	3,945	3,387
Market Cap Growth	38.46%	8.73%	32.13%	-29.88%	16.49%	214.98%
Enterprise Value	5,659	3,930	3,637	2,766	3,913	3,365
Last Close Price	8.45	6.70	4.93	4.50	-	-
PE Ratio	74.66	61.94	64.48	83.10	147.95	135.42
PS Ratio	26.90	21.52	22.39	22.60	38.28	40.09
PB Ratio	22.39	18.62	20.74	22.51	36.34	59.27
P/TBV Ratio	37.77	33.27	59.57	165.72	-	79.95
P/FCF Ratio	70.28	61.94	57.25	66.90	117.30	114.63
P/OCF Ratio	67.01	58.56	56.90	65.39	112.74	101.68
EV/Sales Ratio	25.15	21.28	22.28	22.60	37.97	39.83
EV/EBITDA Ratio	53.39	48.27	52.33	58.60	107.55	100.82
EV/EBIT Ratio	57.55	49.65	54.11	61.34	112.33	102.72
EV/FCF Ratio	69.36	61.26	56.97	66.89	116.35	113.88
Debt / Equity Ratio	0.07	0.07	0.08	0.28	0.50	0.38
Debt / EBITDA Ratio	0.18	0.19	0.20	0.70	1.38	0.60
Debt / FCF Ratio	0.22	0.25	0.23	0.84	1.61	0.73
Asset Turnover	0.66	0.68	0.66	0.60	0.64	0.92
Quick Ratio	2.01	1.82	1.44	1.46	1.34	1.95
Current Ratio	2.37	2.17	1.75	1.75	1.48	1.97
Return on Equity (ROE)	34.34%	34.35%	37.34%	30.67%	33.23%	54.84%
Return on Assets (ROA)	18.02%	18.11%	17.06%	13.75%	13.56%	22.32%
Return on Capital (ROIC)	24.36%	24.58%	23.72%	18.86%	18.59%	34.24%
Return on Capital Employed (ROCE)	33.70%	34.10%	35.00%	26.90%	21.60%	43.00%
Earnings Yield	1.34%	1.61%	1.55%	1.20%	0.68%	0.74%
FCF Yield	1.42%	1.61%	1.75%	1.49%	0.85%	0.87%
Dividend Yield	-	0.34%	0.40%	0.26%	-	-
Payout Ratio	15.82%	17.18%	12.81%	14.12%	18.91%	14.56%
Buyback Yield / Dilution	0.00%	0.01%	-0.02%	-0.21%	-0.92%	-0.04%
Total Shareholder Return	-	0.34%	0.38%	0.04%	-0.92%	-0.04%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.