Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
FastPassCorp A/S, established in 2000 and based in Copenhagen, Denmark, delivers specialized enterprise password management solutions to businesses and managed service providers both domestically and internationally. Their product suite includes the FastPass Self-Service Password solution for service and help desk operations, alongside the FastPass Self-Service Password Reset (SSPR) system, which enables users to independently manage their password resets without requiring IT support. The company also offers the FastPass Identity Verification Manager (IVM), designed to control and secure user identity verification processes conducted by help desks. Additional offerings feature a password reset solution tailored for remote staff, the cloud-based FastPass Cloud for web-accessed password resets, and the FastPass MSP Password Reset for managed service providers. They further provide a Password Synchronization solution to manage passwords across various applications and systems. Moreover, FastPassCorp integrates its secure password processes with platforms such as ServiceNow, OKTA, and its own SSPR and IVM tools.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers. In particular, the stock is 'expensive' on EV/EBITDA.