FastPassCorp A/S (FASTPC.CO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-125.6%

-DKK 10.76

vs DKK 42.00 price

Levered DCF

-DKK 5.85

After debt service

Piotroski score

—

Altman Z-score

—

Rating

D+

Overall 1 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	6.98×	-8.47×	-5.91×	-11.9×	-12.86×	-16.32×	120×	46.32×
P/B	11.91×	-3.47×	-120.63×	12.2×	9.19×	4.79×	3.36×	3.26×
P/S	3.71×	2.87×	2.85×	3.88×	8.46×	17.14×	14.54×	12.35×
EV / EBITDA	48.25×	-48.62×	-20.67×	10.46×	536.47×	17.4×	14.64×	12.11×
Gross margin	0.0%	0.0%	100.0%	100.0%	100.0%	308.5%	100.0%	100.0%
Operating margin	-2.1%	-18.7%	-25.0%	7.4%	-40.7%	1.8%	19.9%	39.1%
Net margin	53.1%	-34.0%	-44.5%	-32.6%	-65.8%	-105.0%	12.0%	26.6%
Current ratio	1.26×	0.25×	0.13×	0.27×	0.55×	1.02×	1.4×	1.86×
Debt / equity	0.03×	-1.87×	-7.25×	1.16×	0.51×	0.15×	0.1×	0.01×
Interest coverage	-0.09×	-1.23×	-1.27×	1.5×	-7.51×	0.19×	0×	8.1×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	5.1%	4.5%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	614.4%	208.3%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	170.4%	41.0%	1881.0%	-102.7%	-71.4%	-29.4%	2.8%	7.0%
Return on invested capital	2.9%	-26.1%	-120.6%	10.2%	-20.8%	0.4%	3.2%	7.9%
Return on assets	20.2%	-18.4%	-24.3%	-20.5%	-19.2%	-16.6%	1.8%	5.0%
Free cash flow yield	5.3%	-11.4%	-1.9%	-3.8%	-2.2%	-3.2%	0.9%	5.9%
Earnings yield	14.3%	-11.8%	-15.6%	-8.4%	-7.8%	-6.1%	0.8%	2.2%
Enterprise value	DKK 23.3M	DKK 27.8M	DKK 19M	DKK 37M	DKK 52M	DKK 37.4M	DKK 34M	DKK 36.1M
Net debt / EBITDA	-2.53×	-16.63×	-1.02×	0.89×	21.84×	0.26×	0.26×	-0.24×
Cash conversion cycle (days)	155	44	1	116	272	505	428	398