Fortnox

Fortnox P/CF

Delisted

The P/CF (Price-to-Cash-Flow Ratio) of Fortnox (FNOX.ST) as of Oct 31, 2026 is 72.61. In the previous year, P/CF (Price-to-Cash-Flow Ratio) was 84.42 — a change of -13.98% (lower).

P/CF

72.61

YoY

-13.98%

Last updated:

P/CF (Price-to-Cash-Flow Ratio) of Fortnox is 2024 72.61 . P/CF (Price-to-Cash-Flow Ratio) of Fortnox was 2023 84.42 . It decreases by -13.98% lower compared to the previous year.

The Fortnox P/CF history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/CF
Date
P/CF
Jan 1, 2017
593.78 SEK
Jan 1, 2018
517.72 SEK
Jan 1, 2019
295.12 SEK
Jan 1, 2020
199.37 SEK
Jan 1, 2021
172.37 SEK
Jan 1, 2022
123.66 SEK
Jan 1, 2023
84.42 SEK
Jan 1, 2024
72.61 SEK
The Fortnox P/CF history
YEARP/CFYoY
72.61-13.98%
84.42-31.73%
123.66-28.26%
172.37-13.54%
199.37-32.44%
295.12-43.00%
517.72-12.81%
593.78-46.74%
1,114.80+10.31%
1,010.56-57.29%
2,365.85—

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Fortnox Stock analysis

What does Fortnox do? Fortnox AB generates revenue through its suite of cloud-based business management solutions designed for financial and administrative operations. The company offers products like Fortnox Accounting, Fortnox Invoicing, Fortnox Order, Fortnox Archive, Fortnox Time, and Fortnox CRM, which cover accounting, invoicing, sales support, payroll, and employee management. These solutions are sold to small and medium-sized businesses seeking streamlined workflows for financial and administrative tasks. The company’s Internet-based platform allows simultaneous access from multiple locations, enhancing usability for its client base. The product portfolio includes specialized applications such as Fortnox Accounting for core financial management and Fortnox Invoicing for billing processes. Fortnox Time and Fortnox CRM support time tracking and customer relationship management, respectively. These offerings are tailored to meet the needs of businesses requiring integrated tools for accounting, invoicing, and payroll without the need for on-premise software. The company’s services are accessible globally through web-based access, catering to a diverse range of business sizes and sectors. Fortnox AB’s revenue model relies on subscription-based pricing for its software solutions, targeting small and medium enterprises as its primary customer segment. The company’s products are designed to simplify financial and administrative workflows, reducing the need for manual processes. By providing integrated tools through a single platform, Fortnox AB ensures consistent user experience and scalability for its clients, driving recurring revenue through ongoing subscriptions. Fortnox is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Fortnox stock

P/CF (Price-to-Cash-Flow Ratio) of Fortnox is 72.61 in 2024.

P/CF (Price-to-Cash-Flow Ratio) of Fortnox changed from 84.42 to 72.61, representing a -13.98% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of P/CF (Price-to-Cash-Flow Ratio) Fortnox since 2006 – with annual values, charts, and detailed analysis.

The Price-to-Cash-Flow ratio measures the stock price relative to operating cash flow per share. Unlike P/E, it is harder to manipulate as cash flow is less subject to accounting adjustments.

P/CF = Stock Price / Operating Cash Flow per Share

To evaluate P/CF (Price-to-Cash-Flow Ratio)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for P/CF (Price-to-Cash-Flow Ratio).

A 'good' varies by industry and company stage. On Eulerpool, you can compare P/CF (Price-to-Cash-Flow Ratio)'s Fortnox with sector peers and the industry average to assess whether it is attractive.

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Valuation — Fortnox

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