Estimated Discount To Fair Value: 19.3%

Fortnox is trading at SEK63.1, below its estimated fair value of SEK78.23, making it undervalued based on discounted cash flows. Recent earnings showed Q2 revenue of SEK521 million and net income of SEK164 million, both up from last year. Revenue and earnings are forecast to grow significantly at 20.2% and 22.6% annually, respectively, outpacing the Swedish market. Analysts expect the stock price to rise by 23.4%, highlighting its strong growth potential despite being slightly undervalued currently.

• Our growth report here indicates Fortnox may be poised for an improving outlook.

• Unlock comprehensive insights into our analysis of Fortnox stock in this financial health report.

HMS Networks

Overview: HMS Networks AB (publ) provides products that enable industrial equipment to communicate and share information globally, with a market cap of SEK20.52 billion.

Operations: HMS Networks AB (publ) generates revenue primarily from its Wireless Communications Equipment segment, which amounts to SEK3.01 billion.

Estimated Discount To Fair Value: 24.5%

HMS Networks, trading at SEK409, is undervalued based on discounted cash flows with an estimated fair value of SEK541.88. Despite high debt and recent shareholder dilution, the company's earnings are forecast to grow significantly at 28.43% annually, outpacing the Swedish market's 15.2%. Recent Q2 results showed sales of SEK845 million but a drop in net income to SEK34 million from SEK116 million last year. Revenue is expected to grow by 15.3% per year.

• According our earnings growth report, there's an indication that HMS Networks might be ready to expand.

• Dive into the specifics of HMS Networks here with our thorough financial health report.

Summing It All Up

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include OM:BIOT OM:FNOX and OM:HMS.

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