View ValuationHexatronic Group 将来の成長Future 基準チェック /46Hexatronic Group利益と収益がそれぞれ年間41.4%と8.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に12.4% 41.1%なると予測されています。主要情報41.4%収益成長率41.13%EPS成長率Electrical 収益成長27.0%収益成長率8.4%将来の株主資本利益率12.41%アナリストカバレッジLow最終更新日02 Jul 2026今後の成長に関する最新情報お知らせ • Sep 23Hexatronic Group AB (Publ) Provides Earnings Guidance for the Second Half of 2023Hexatronic Group AB (publ) provided earnings guidance for the second half of 2023. Following softer market conditions in primarily the US and Germany in the subsequent period, the company foresees a negative organic revenue growth during the second half of 2023.お知らせ • Apr 14Hexatronic Group AB (publ) Provides Earnings Guidance for the First Quarter of 2022Hexatronic Group AB (publ) provided earnings guidance for the first quarter of 2022. The company's sales and earnings during the first quarter of 2022 are expected to increase sharply due to strong organic growth, primarily in the US and the UK, in combination with strong acquisition-driven growth. Preliminary net sales for the quarter amounted to approximately SEK 1,388 million (SEK 635 million), which corresponds to 119% growth compared to the same period last year, of which about 70% is organic.すべての更新を表示Recent updatesお知らせ • Jun 15Martin Åberg to Leave Hexatronic as Deputy CEO and Head of the Data Center Business AreaMartin Åberg has informed the CEO of Hexatronic that he has decided to leave his position as Deputy CEO and Head of the Data Center business area to focus on his private investments going forward. To ensure an orderly and smooth transition, Martin Åberg will remain in his role until a successor has been appointed. Martin Åberg has been a member of Group Management since 2014. During his time at Hexatronic, he has served as Deputy CEO and has been responsible for business development and M&A. In recent years, he has also held the position as Head of the Data Center business area. He has played a central role in driving strategic initiatives and has contributed significantly to the Group’s growth and diversification.お知らせ • Jun 01Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of Superior Fiber & Data Services, Inc.Hexatronic Group AB (publ) (OM:HTRO) entered into an agreement to acquire Superior Fiber & Data Services, Inc. for enterprise value of $29 million on May 6, 2026. The consideration includes a potential additional earn-out of $3 million payable in 2029. The acquisition will be financed with proceeds from an accelerated bookbuilding process. The transaction is valued at an EV/EBITDA multiple of 5.8x to 6.4x. Randy Fuller, the founder and current Chief Operating Officer of Superior Fiber & Data Services, Inc, will remain with the company and transition into the role of Chief Executive Officer. Superior Fiber & Data Services, Inc is planning to do a tax reorganization prior to the completion of the acquisition which would lower the effective EV/EBITDA multiple to 5.4x-6.0x. For the period ending December 31, 2025, Superior Fiber & Data Services, Inc. reported total revenue of $40 million and EBITDA of $5 million. The transaction is expected to be completed on before end of May 2026. Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of Superior Fiber & Data Services, Inc. on June 1, 2026.Buy Or Sell Opportunity • May 28Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 63% to €4.14. The fair value is estimated to be €3.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.お知らせ • May 09Hexatronic Group AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 600.000012 million.Hexatronic Group AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 600.000012 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 15,789,474 Price\Range: SEK 38お知らせ • May 07Hexatronic Group AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 550 million.Hexatronic Group AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 550 million. Security Name: Ordinary Shares Security Type: Common Stockお知らせ • Apr 03Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of JOWO-Systemtechnik AG.Hexatronic Group AB (publ) (OM:HTRO) signed a binding agreement to acquire JOWO-Systemtechnik AG for an enterprise value of €11.8 million on March 2, 2026. The transaction also includes a self-funded earnout based on performance, payable in 2031. JOWO will be consolidated into the Hexatronic Harsh Environment business area. The acquisition has been financed through available cash and existing credit facilities. The transaction reflects TEV/EBITDA multiple of 4.7x. For the period ending December 31, 2025, JOWO-Systemtechnik AG reported total revenue of €18 million. The transaction is subject to approval by the German Authorities under the German Foreign Trade and Payments Act, and is expected to close in Q2, 2026. Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of JOWO-Systemtechnik AG on April 1, 2026.お知らせ • Mar 03Hexatronic Group AB (publ) (OM:HTRO) signed a binding agreement to acquire JOWO-Systemtechnik AG for an enterprise value of €11.8 million.Hexatronic Group AB (publ) (OM:HTRO) signed a binding agreement to acquire JOWO-Systemtechnik AG for an enterprise value of €11.8 million on March 2, 2026. JOWO will be consolidated into the Hexatronic Harsh Environment business area. The acquisition has been financed through available cash and existing credit facilities. The transaction reflects TEV/EBITDA multiple of 4.7x. For the period ending December 31, 2025, JOWO-Systemtechnik AG reported total revenue of €18 million. The transaction is subject to approval by the German Authorities under the German Foreign Trade and Payments Act, and is expected to close in Q2, 2026.お知らせ • Nov 26Hexatronic Group AB (publ) (OM:HTRO) acquired Communication Zone Inc. for $20.4 million.Hexatronic Group AB (publ) (OM:HTRO) acquired Communication Zone Inc. for $20.4 million on November 25, 2025. Hexatronic Group AB (publ) will pay an earnout/contingent payment of $3.5 million cash. As part of consideration, $3.5 million is paid towards common equity of Communication Zone Inc. The founders of Communication Zone, John Kaprales and Rick Wasmund, will remain in their respective positions as CEO and President, continuing to develop the business. Communication Zone will be part of the Hexatronic Data Center business area. The acquisition has been financed through available cash and existing debt facilities. For the period ending December 31, 2024, Communication Zone Inc. has a turnover of approximately USD 20 million and a normalized EBITDA of USD 4 million. Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of Communication Zone Inc. for $20.4 million on November 25, 2025.お知らせ • Oct 23+ 2 more updatesHexatronic Group AB (publ) to Report Nine Months, 2026 Results on Oct 22, 2026Hexatronic Group AB (publ) announced that they will report nine months, 2026 results on Oct 22, 2026お知らせ • Sep 18Hexatronic Group AB (publ), Annual General Meeting, May 12, 2026Hexatronic Group AB (publ), Annual General Meeting, May 12, 2026. Location: gothenburg Swedenお知らせ • Apr 03Hexatronic Group AB (publ), Annual General Meeting, May 05, 2025Hexatronic Group AB (publ), Annual General Meeting, May 05, 2025, at 15:00 W. Europe Standard Time. Location: at gothia towers, massans gata 24, se-412 51, gothenburg Swedenお知らせ • Feb 05Hexatronic Group AB (publ) Implements Changes in Executive ManagementHexatronic Group AB (publ) implemented changes in Executive Management. As part of focusing the business on the Group's business areas and future growth strategy, changes are being made to the Executive Management Team. Anna Bailey, Sourcing and Supply Director, and Tomas Jendel, CTO, will leave Executive Management to continue their corresponding roles in the Fiber Solutions business area. Linn Lundstedt, General Counsel and Company Secretary of Hexatronic Group, will join Executive Management. The changes will take effect immediately. Linn Lundstedt (born 1984) was recruited to Hexatronic in 2023. She previously worked as corporate counsel at Ericsson and Preem and as an attorney at the law firm Roschier. She holds a Master of Laws from Uppsala University and a Bachelor of Social Science in Business from Uppsala University. Organizationally, the management of the business areas is represented in the Executive Management Team. Incoming CEO Rikard Fröberg, who starts on March 1, will also lead Fiber Solutions. Martin Åberg is responsible for Data Center and Jakob Skov is responsible for Harsh Environment.お知らせ • Jan 22+ 1 more updateHexatronic Group AB (Publ) Announces CEO ChangesHexatronic Group AB (publ) appointed Rikard Fröberg as CEO. Rikard Fröberg will take office on March 1, 2025. He will succeed Henrik Larsson Lyon, who announced his departure in September 2024. Current CEO Henrik Larsson Lyon will leave the company on February 8, 2025. The Board has appointed Deputy CEO Martin Åberg as acting President and CEO of Hexatronic Group from February 8 until Rikard Fröberg assumes the lead. Rikard Fröberg (born 1974) currently serves as Chief Product and Marketing Officer for Ansell Ltd, based in the United States. Ansell is the global leader in PPE (personal protective equipment) with over 15,000 employees, selling to industrial, energy, life science, datacenter, and medical customers worldwide. Previously, Rikard has held several senior executive positions with Ansell, including President of the Industrial Global Business Unit, managing a USD 800 million business globally. He also served as the Chief Commercial Officer for EMEA and Asia-Pacific (based in Brussels) and was responsible for sales and other commercial activities across the region. Before joining Ansell, Rikard worked for the pan-Nordic industrial wholesaler Ahlsell Group for five years in various roles (Ahlsell is an essential customer of Hexatronic). At Ahlsell, he was responsible for M&A and the execution of over 20 acquisitions as well as country management of the Baltic region. Rikard also worked for McKinsey & Co in Sweden for five years. He holds a Master of Science in Industrial Engineering and Management from Chalmers University of Technology and a Master of Arts in Mathematics of Finance from Columbia University. He lives with his family in the United States and will initially be based there. Rikard Fröberg will assume the role on March 1, 2025. Martin Åberg, who has been part of the group management for over 10 years, will after Rikard Fröberg joins as CEO, continue in his role as Deputy CEO with responsibility for acquisitions and the new focus area Data Center.Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: kr0.52 (vs kr0.85 in 3Q 2023)Third quarter 2024 results: EPS: kr0.52 (down from kr0.85 in 3Q 2023). Revenue: kr1.97b (up 2.7% from 3Q 2023). Net income: kr108.0m (down 38% from 3Q 2023). Profit margin: 5.5% (down from 9.0% in 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.お知らせ • Oct 23+ 3 more updatesHexatronic Group AB (publ) to Report Q1, 2025 Results on Apr 28, 2025Hexatronic Group AB (publ) announced that they will report Q1, 2025 results at 7:00 AM, Central European Standard Time on Apr 28, 2025お知らせ • Oct 02Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of Parts of Endor from Sýn hf. (ICSE:SYN).Hexatronic Group AB (publ) (OM:HTRO) signed a letter of intent to acquire Parts of Endor from Sýn hf. (ICSE:SYN) on July 8, 2024. The acquisition will not have a material impact on Hexatronic's results. In total, less than five employees will be transferred to Hexatronic. Hexatronic expects to take over the business in autumn. Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of Parts of Endor from Sýn hf. (ICSE:SYN) on October 1, 2024.お知らせ • Sep 20Hexatronic Group AB (Publ) Announces Appointment of Nomination CommitteeHexatronic Group AB (publ) announced that Nomination Committee for Annual General Meeting in 2025 has been established. The four largest shareholders, in terms of votes at the end of August, had the right to nominate members. The Chairman of the Board shall be co-opted into the Nomination Committee. The Nomination Committee has been appointed as follows: Staffan Ringvall, Handelsbanken Fonder (Chairman of the Nomination Committee), Sophie Larsén, AMF Pension & Fonder, Mark Shay, Accendo Capital,Jonas Nordlund, representing himself Magnus Nicolin, co-opted, Chairman of the Board of Hexatronic Group.お知らせ • Sep 18+ 1 more updateHexatronic Announces Henrik Larsson Lyon Decides to Leave as CEOHexatronic announced Henrik Larsson Lyon has informed the Board that after more than 10 years in the position, he has decided to round off his operational career and leave his role as CEO of Hexatronic Group. The Board is now initiating the recruitment of a new CEO. Henrik Larsson Lyon will remain in his role as CEO until a new leader has been appointed. Henrik Larsson Lyon has been the CEO of Hexatronic Group since 2014. According to his contract, he has a six-month notice period.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €4.56, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Electrical industry in Germany. Total returns to shareholders of 35% over the past three years.Recent Insider Transactions • Jul 24Deputy Chief Executive Officer recently sold €380k worth of stockOn the 19th of July, Martin Åberg sold around 68k shares on-market at roughly €5.62 per share. This transaction amounted to 59% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €149k more than they bought in the last 12 months.Reported Earnings • Jul 17Second quarter 2024 earnings released: EPS: kr0.44 (vs kr1.28 in 2Q 2023)Second quarter 2024 results: EPS: kr0.44 (down from kr1.28 in 2Q 2023). Revenue: kr2.02b (down 10% from 2Q 2023). Net income: kr90.0m (down 65% from 2Q 2023). Profit margin: 4.4% (down from 12% in 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €5.74, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 20x in the Electrical industry in Germany. Total returns to shareholders of 96% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.38 per share.New Risk • Jun 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks High level of debt (57% net debt to equity). Large one-off items impacting financial results.Board Change • Jun 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Chairman of the Board Magnus Nicolin was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • May 08Hexatronic Group AB (Publ) Announces Board AppointmentsHexatronic Group AB (publ) at its AGM held on May 7, 2024, approved the appointment of Diego Andersson, Linda Hernström, Magnus Nicolin and Åsa Sundberg as members of the Board of Directors. Magnus Nicolin was elected as Chairman of the Board of Directors.Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €3.29, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Electrical industry in Germany. Total returns to shareholders of 15% over the past three years.お知らせ • Apr 27Hexatronic Group AB (publ) Changes in Executive Management TeamHexatronic Group AB (publ) announced two changes in the company's executive management. Jakob Skov, Head of focus area Harsh Environment, will join the company's executive management as of April 2024 and in June 2024 Pernilla Grennfelt will join Hexatronic as Head of Investor Relations and join the company's executive management. Jakob Skov joined Hexatronic in 2022 and has since then successfully led Hexatronic's focus area Harsh Environment, which in the recent year has grown into a significant part of the Group's total sales. Jakob Skov has held senior roles in several global companies that specialize in advanced fiberoptics. He holds an MSc in International Business Administration and Finance from Aarhus School of Economics. Pernilla Grennfelt will assume the role as Head of Investor Relations in June 2024. Pernilla comes most recently from a role as a partner at Cord Communications. She was previously interim Head of Investor Relations at Tele2 and has before that participated in establishing and leading Investor Relations at Gränges and ICA Gruppen. She holds an MSc in Business Administration from Gothenburg School of Business, Economics and Law. Following these changes, Hexatronic's executive management team will consist of: Henrik Larsson Lyon – CEO and President; Pernilla Lindén – CFO; Martin Åberg – Deputy CEO; Jakob Skov – Head of focus area Harsh Environment; Christian Priess – Head of Central Europe; Magnus Angermund – Head of Northern Europe; Anna Bailey – Sourcing and Supply Chain Director; Lise-Lott Schönbeck – CMO; Tomas Jendel – CTO; Pernilla Grennfelt – Head of Investor Relations.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: kr0.62 (vs kr1.10 in 1Q 2023)First quarter 2024 results: EPS: kr0.62 (down from kr1.10 in 1Q 2023). Revenue: kr1.81b (down 15% from 1Q 2023). Net income: kr62.0m (down 72% from 1Q 2023). Profit margin: 3.4% (down from 11% in 1Q 2023). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 15Full year 2023 earnings released: EPS: kr4.18 (vs kr3.95 in FY 2022)Full year 2023 results: EPS: kr4.18 (up from kr3.95 in FY 2022). Revenue: kr8.15b (up 24% from FY 2022). Net income: kr848.0m (up 6.7% from FY 2022). Profit margin: 10% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €2.64, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Electrical industry in Germany. Total returns to shareholders of 29% over the past three years.Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 42%After last week's 42% share price gain to €2.87, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Electrical industry in Germany. Total returns to shareholders of 51% over the past three years.New Risk • Feb 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risk High level of debt (61% net debt to equity).Reported Earnings • Feb 11Full year 2023 earnings released: EPS: kr4.18 (vs kr3.95 in FY 2022)Full year 2023 results: EPS: kr4.18 (up from kr3.95 in FY 2022). Revenue: kr8.15b (up 24% from FY 2022). Net income: kr848.0m (up 6.7% from FY 2022). Profit margin: 10% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 09Hexatronic Group AB (Publ) Proposes No Payment of Dividend for the Financial Year 2023The Board of Directors of Hexatronic Group AB (publ) proposed to the Annual General Meeting that no payment of dividend will be made for the financial year 2023.New Risk • Feb 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings are forecast to decline by an average of 3.0% per year for the foreseeable future. Minor Risk High level of debt (72% net debt to equity).Buy Or Sell Opportunity • Jan 21Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 40% to €1.84. The fair value is estimated to be €2.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 50% over the last 3 years. Earnings per share has grown by 68%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are forecast to decline by 3.6% per annum over the same time period.Buying Opportunity • Jan 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 44%. The fair value is estimated to be €2.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 50% over the last 3 years. Earnings per share has grown by 68%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings is forecast to decline by 3.6% per annum over the same time period.Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €2.18, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Electrical industry in Europe. Total returns to shareholders of 55% over the past three years.New Risk • Nov 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. Minor Risk High level of debt (72% net debt to equity).Valuation Update With 7 Day Price Move • Nov 22Investor sentiment deteriorates as stock falls 35%After last week's 35% share price decline to €1.52, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 15x in the Electrical industry in Europe. Total returns to shareholders of 27% over the past three years.Reported Earnings • Oct 29Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: kr1.94b (up 12% from 3Q 2022). Net income: kr173.0m (down 35% from 3Q 2022). Profit margin: 8.9% (down from 15% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 27Investor sentiment deteriorates as stock falls 33%After last week's 33% share price decline to €2.12, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Electrical industry in Europe. Total returns to shareholders of 97% over the past three years.お知らせ • Oct 27+ 3 more updatesHexatronic Group AB (publ) to Report First Half, 2024 Results on Jul 16, 2024Hexatronic Group AB (publ) announced that they will report first half, 2024 results on Jul 16, 2024お知らせ • Oct 21Hexatronic Group AB (publ), Annual General Meeting, May 07, 2024Hexatronic Group AB (publ), Annual General Meeting, May 07, 2024.お知らせ • Sep 23Hexatronic Group AB (Publ) Provides Earnings Guidance for the Second Half of 2023Hexatronic Group AB (publ) provided earnings guidance for the second half of 2023. Following softer market conditions in primarily the US and Germany in the subsequent period, the company foresees a negative organic revenue growth during the second half of 2023.Valuation Update With 7 Day Price Move • Sep 22Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to €3.60, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Electrical industry in Europe. Total returns to shareholders of 224% over the past three years.お知らせ • Sep 02Hexatronic Group AB (publ) (OM:HTRO) acquired atg Technology Group Limited.Hexatronic Group AB (publ) (OM:HTRO) acquired atg Technology Group Limited on September 1, 2023. The acquisition is financed with available cash. atg Technology generated revenues of NZD 3 million. The acquisition has no significant impact on Hexatronic’s earnings.Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of atg Technology Group Limited on September 1, 2023.お知らせ • Aug 19Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of Cortland Fibron BX Limited from Rubicon Partners.Hexatronic Group AB (publ) (OM:HTRO) signed an agreement to acquire Cortland Fibron BX Limited from Rubicon Partners on June 28, 2023. The purchase price corresponds to a fixed enterprise value of GBP 25 million, with a potential earn-out of up to GBP 7 million based on Fibron’s accumulated EBITDA for the full year of 2023. EBITDA for the current year is expected to be GBP 5.3 million, which will result in full earnout and a purchase price of GBP 32 million. This corresponds to a transaction multiple of 6.0x based on expected EBITDA for the current year and 7.4x based on EBITDA for the full year of 2022. The proposed acquisition will be fully financed through existing credit facilities from Danske bank and SEB. After completion of the transaction, Hexatronic’s proforma net debt is expected to amount to 1.5 times proforma EBITDA. Proforma net debt including lease liabilities is expected to amount to 1.8 times proforma EBITDA. The existing Fibron management team will remain in their current roles. The transaction is subject to customary closing conditions and regulatory approval under the National Security and Investment Act. The deal is expected to be completed in the latter part of the third quarter 2023. Alvarez & Marsal is serving as financial due diligence advisor to Hexatronic, White & Case is serving as legal counsel in connection with the transaction. Rubicon Partners were advised by KPMG (sell-side M&A) and Proskauer (legal).The acquisition has been fully financed through existing credit facilities from Danske Bank and SEB.Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of Cortland Fibron BX Limited from Rubicon Partners on August 18, 2023.Reported Earnings • Aug 16Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr2.28b (up 37% from 2Q 2022). Net income: kr259.0m (up 37% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Electrical industry in Germany.New Risk • Jul 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (69% net debt to equity). Share price has been volatile over the past 3 months (7.3% average weekly change). Shareholders have been diluted in the past year (2.4% increase in shares outstanding).Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €6.74, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Electrical industry in Europe. Total returns to shareholders of 593% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.10 per share.お知らせ • Jun 29Hexatronic Group AB (publ) (OM:HTRO) signed an agreement to acquire Cortland Fibron BX Limited from Rubicon Partners.Hexatronic Group AB (publ) (OM:HTRO) signed an agreement to acquire Cortland Fibron BX Limited from Rubicon Partners on June 28, 2023. The purchase price corresponds to a fixed enterprise value of GBP 25 million, with a potential earn-out of up to GBP 7 million based on Fibron’s accumulated EBITDA for the full year of 2023. EBITDA for the current year is expected to be GBP 5.3 million, which will result in full earnout and a purchase price of GBP 32 million. This corresponds to a transaction multiple of 6.0x based on expected EBITDA for the current year and 7.4x based on EBITDA for the full year of 2022. The proposed acquisition will be fully financed through existing credit facilities from Danske bank and SEB. After completion of the transaction, Hexatronic’s proforma net debt is expected to amount to 1.5 times proforma EBITDA. Proforma net debt including lease liabilities is expected to amount to 1.8 times proforma EBITDA. The existing Fibron management team will remain in their current roles. The transaction is subject to customary closing conditions and regulatory approval under the National Security and Investment Act. The deal is expected to be completed in the latter part of the third quarter 2023. Alvarez & Marsal is serving as financial due diligence advisor to Hexatronic, White & Case is serving as legal counsel in connection with the transaction. Rubicon Partners were advised by KPMG (sell-side M&A) and Proskauer (legal).New Risk • Jun 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (69% net debt to equity). Share price has been volatile over the past 3 months (7.0% average weekly change).Valuation Update With 7 Day Price Move • Jun 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €6.39, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Electrical industry in Europe. Total returns to shareholders of 524% over the past three years.Recent Insider Transactions • May 24CEO & Group President recently bought €90k worth of stockOn the 16th of May, Henrik Larsson-Lyon bought around 14k shares on-market at roughly €6.45 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Henrik has been a buyer over the last 12 months, purchasing a net total of €177k worth in shares.お知らせ • May 10Hexatronic Group AB (publ) Approves Dividend for the Financial Year 2022Hexatronic Group AB (publ) at its AGM held on 9 May 2023 resolved that a dividend of SEK 0.10 per share for the financial year 2022 shall be paid and that the record date for receipt of the dividend shall be 11 May 2023.Upcoming Dividend • May 03Upcoming dividend of kr0.10 per share at 0.1% yieldEligible shareholders must have bought the stock before 10 May 2023. Payment date: 16 May 2023. Payout ratio is a comfortable 2.3% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.0%).Recent Insider Transactions • May 01CEO & Group President recently bought €87k worth of stockOn the 28th of April, Henrik Larsson-Lyon bought around 12k shares on-market at roughly €7.58 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Henrik has been a buyer over the last 12 months, purchasing a net total of €133k worth in shares.Reported Earnings • Apr 17Full year 2022 earnings released: EPS: kr3.95 (vs kr1.32 in FY 2021)Full year 2022 results: EPS: kr3.95 (up from kr1.32 in FY 2021). Revenue: kr6.57b (up 88% from FY 2021). Net income: kr794.5m (up 214% from FY 2021). Profit margin: 12% (up from 7.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Apr 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.9%. The fair value is estimated to be €12.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 48% over the last 3 years. Earnings per share has grown by 77%. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings is also forecast to grow by 21% per annum over the same time period.Buying Opportunity • Mar 27Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be €12.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 48% over the last 3 years. Earnings per share has grown by 77%. For the next 3 years, revenue is forecast to grow by 20% per annum. Earnings is also forecast to grow by 24% per annum over the same time period.Reported Earnings • Feb 12Full year 2022 earnings released: EPS: kr3.95 (vs kr1.32 in FY 2021)Full year 2022 results: EPS: kr3.95 (up from kr1.32 in FY 2021). Revenue: kr6.57b (up 88% from FY 2021). Net income: kr794.5m (up 214% from FY 2021). Profit margin: 12% (up from 7.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has increased by 118% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Feb 11Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be €14.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Earnings per share has grown by 76%.お知らせ • Feb 09Hexatronic Group AB (Publ) Proposes Dividend for the Financial Year 2022The Board of Directors of Hexatronic Group AB (publ) will propose a dividend of SEK 0.10 (0.10) per share for the financial year 2022 to the Annual General meeting.Recent Insider Transactions • Dec 29Independent Director recently bought €348k worth of stockOn the 27th of December, Jaakko Kivinen bought around 28k shares on-market at roughly €12.67 per share. This transaction increased Jaakko's direct individual holding by 11x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €5.0m more in shares than they bought in the last 12 months.Buying Opportunity • Dec 21Now 22% undervaluedOver the last 90 days, the stock is up 50%. The fair value is estimated to be €17.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 74%. For the next 3 years, revenue is forecast to grow by 25% per annum. Earnings is also forecast to grow by 27% per annum over the same time period.Recent Insider Transactions • Dec 06Insider recently sold €2.0m worth of stockOn the 28th of November, Håkan Bäckström sold around 148k shares on-market at roughly €13.52 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.7m more than they bought in the last 12 months.お知らせ • Dec 02Hexatronic Group AB (publ) (OM:HTRO) acquired K-Net Co.,Ltd. from Seo Seong Nam.Hexatronic Group AB (publ) (OM:HTRO) entered into a definitive agreement to acquire K-Net Co.,Ltd. from Seo Seong Nam for $84 million on November 24, 2022. The purchase price for KNET is a fixed enterprise value of $48 million plus a potential earn-out based on the accumulated EBITDA for the 36-month period post-closing. The potential earn-out is estimated to $15 million. The maximum earn-out amounts to $36 million and is achieved if KNET performs an accumulated EBITDA for the 36-month period of more than USD 63 million. If the accumulated EBITDA for the same period is less than $27 million no earn-out will be paid out. The fixed purchase price of $48 million is to be paid in cash at closing, fully financed with senior debt. The acquisition also includes the land and buildings of the production plant. KNET will post-closing operate as an independent company with the existing management team and will continue to serve all existing customers under the KNET brand. The seller who also is the founder will continue in his current position as the Chairman for KNET. The acquisition is expected to close December 1, 2022. White & Case and Shin & Kim has acted as legal counsels for the acquisition of KNET. Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of K-Net Co.,Ltd. from Seo Seong Nam on December 1, 2022.お知らせ • Nov 30An unknown buyer acquired an unknown minority stake in Hexatronic Group AB (publ) from Henrik Larsson Lyon, Martin Åberg, Håkan Bäckström and Magnus Angermund.An unknown buyer acquired an unknown minority stake in Hexatronic Group AB (publ) from Henrik Larsson Lyon, Martin Åberg, Håkan Bäckström and Magnus Angermund on November 29, 2022.An unknown buyer completed the acquisition of an unknown minority stake in Hexatronic Group AB (publ) from Henrik Larsson Lyon, Martin Åberg, Håkan Bäckström and Magnus Angermund on November 29, 2022.お知らせ • Nov 25Hexatronic Group AB (publ) (OM:HTRO) entered into a definitive agreement to acquire K-Net Co.,Ltd. from Seo Seong Nam for $84 million.Hexatronic Group AB (publ) (OM:HTRO) entered into a definitive agreement to acquire K-Net Co.,Ltd. from Seo Seong Nam for $84 million on November 24, 2022. The purchase price for KNET is a fixed enterprise value of $48 million plus a potential earn-out based on the accumulated EBITDA for the 36-month period post-closing. The potential earn-out is estimated to $15 million. The maximum earn-out amounts to $36 million and is achieved if KNET performs an accumulated EBITDA for the 36-month period of more than USD 63 million. If the accumulated EBITDA for the same period is less than $27 million no earn-out will be paid out. The fixed purchase price of $48 million is to be paid in cash at closing, fully financed with senior debt. The acquisition also includes the land and buildings of the production plant. KNET will post-closing operate as an independent company with the existing management team and will continue to serve all existing customers under the KNET brand. The seller who also is the founder will continue in his current position as the Chairman for KNET. The acquisition is expected to close December 1, 2022. White & Case and Shin & Kim has acted as legal counsels for the acquisition of KNET.お知らせ • Nov 21+ 1 more updateHexatronic Group AB (publ) to Report Q1, 2023 Results on Apr 27, 2023Hexatronic Group AB (publ) announced that they will report Q1, 2023 results at 7:00 AM, Central European Standard Time on Apr 27, 2023Reported Earnings • Oct 30Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr1.74b (up 92% from 3Q 2021). Net income: kr266.8m (up 269% from 3Q 2021). Profit margin: 15% (up from 8.0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electrical industry in Germany.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improved over the past weekAfter last week's 17% share price gain to €11.44, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 21x in the Electrical industry in Germany. Total returns to shareholders of 1,040% over the past three years.お知らせ • Oct 12Hexatronic Group AB (Publ) Appoints Nomination CommitteeHexatronic Group AB (publ) appointed Nomination Committee of Hexatronic Group: Staffan Ringvall, representing Handelsbanken Fonder; Angelica Hanson, representing AMF Pension & Fonder; Jonas Nordlund, representing himselfMark Shay, representing Accendo Capital and Anders Persson, co-opted, Chairman of the Board of Hexatronic Group.お知らせ • Oct 05Hexatronic Group AB (publ) (OM:HTRO) acquired 90% stake in Impact Data Solutions Limited from Sterlite Global Ventures (Mauritius) Limited and others.Hexatronic Group AB (publ) (OM:HTRO) signed an agreement to acquire 90% stake in Impact Data Solutions Limited from Sterlite Global Ventures (Mauritius) Limited and others for £16.8 million on September 26, 2022. Under the terms of transaction Hexatronic Group AB will pay initial consideration of £9.6 million subject to customary completion accounts adjustment and additional earnout consideration of £7.2 million based on the EBITDA performance of Impact Data Solutions for the year ending 31st December 2022 which will be payable upon completion of the audit of Impact Data Solutions post completion of the transaction. The acquisition is financed with available cash. Sterlite Global Ventures (Mauritius) Limited is selling 80% stake and the original founders of Impact Data Solutions are selling 10% stake, rest 10% will be retained by Chief Executive Officer Benjamin Parker. Hexatronic has an option to acquire the remaining 10% of the shares over the period 2026-2029. The acquisition has no significant impact on earnings of Hexatronic Group AB. The transaction is subject to regulatory approvals, if any and is expected to close on October 3, 2022. Hexatronic Group AB (publ) (OM:HTRO) acquired 90% stake in Impact Data Solutions Limited from Sterlite Global Ventures (Mauritius) Limited and others on October 04, 2022.お知らせ • Sep 29Hexatronic Group AB (publ), Annual General Meeting, May 09, 2023Hexatronic Group AB (publ), Annual General Meeting, May 09, 2023, at 15:00 Central European Standard Time.お知らせ • Sep 27Hexatronic Group AB (publ) (OM:HTRO) signed an agreement to acquire 90% stake in Impact Data Solutions Limited from Sterlite Global Ventures (Mauritius) Limited and others for £16.8 million.Hexatronic Group AB (publ) (OM:HTRO) signed an agreement to acquire 90% stake in Impact Data Solutions Limited from Sterlite Global Ventures (Mauritius) Limited and others for £16.8 million on September 26, 2022. Under the terms of transaction Hexatronic Group AB will pay initial consideration of £9.6 million subject to customary completion accounts adjustment and additional earnout consideration of £7.2 million based on the EBITDA performance of Impact Data Solutions for the year ending 31st December 2022 which will be payable upon completion of the audit of Impact Data Solutions post completion of the transaction. The acquisition is financed with available cash. Sterlite Global Ventures (Mauritius) Limited is selling 80% stake and the original founders of Impact Data Solutions are selling 10 % stake, rest 10% will be retained by Chief Executive Officer Benjamin Parker. Hexatronic has an option to acquire the remaining 10% of the shares over the period 2026-2029. The acquisition has no significant impact on earnings of Hexatronic Group AB. The transaction is subject to regulatory approvals, if any and is expected to close on October 3, 2022.Valuation Update With 7 Day Price Move • Sep 24Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €8.50, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 21x in the Electrical industry in Germany. Total returns to shareholders of 751% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.40 per share.Reported Earnings • Aug 13Second quarter 2022 earnings releasedSecond quarter 2022 results: Net income: kr188.8m (up 176% from 2Q 2021).Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improved over the past weekAfter last week's 20% share price gain to €8.10, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 23x in the Electrical industry in Germany. Total returns to shareholders of 785% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.12 per share.Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to €41.97, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 26x in the Electrical industry in Germany. Total returns to shareholders of 793% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €37.64 per share.お知らせ • May 02Hexatronic Group AB (publ) Proposes Dividend for the Financial Year 2021The board of Directors of Hexatronic Group AB (publ) will propose a dividend of SEK 0.50 per share for the financial year 2021 to the Annual General Meeting. The company paid SEK 0.50 per share for the same period last year.Reported Earnings • May 01First quarter 2022 earnings released: EPS: kr3.03 (vs kr1.04 in 1Q 2021)First quarter 2022 results: EPS: kr3.03 (up from kr1.04 in 1Q 2021). Revenue: kr1.39b (up 119% from 1Q 2021). Net income: kr120.9m (up 208% from 1Q 2021). Profit margin: 8.7% (up from 6.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 23%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 104% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Apr 29Upcoming dividend of kr0.50 per shareEligible shareholders must have bought the stock before 06 May 2022. Payment date: 12 May 2022. Payout ratio is a comfortable 7.6% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.0%). Lower than average of industry peers (1.0%).Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improved over the past weekAfter last week's 28% share price gain to €43.75, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 26x in the Electrical industry in Germany. Total returns to shareholders of 783% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €36.55 per share.Reported Earnings • Apr 14Full year 2021 earnings released: EPS: kr6.60 (vs kr3.38 in FY 2020)Full year 2021 results: EPS: kr6.60 (up from kr3.38 in FY 2020). Revenue: kr3.49b (up 68% from FY 2020). Net income: kr253.1m (up 100% from FY 2020). Profit margin: 7.2% (up from 6.1% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 43%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 14Hexatronic Group AB (publ) Provides Earnings Guidance for the First Quarter of 2022Hexatronic Group AB (publ) provided earnings guidance for the first quarter of 2022. The company's sales and earnings during the first quarter of 2022 are expected to increase sharply due to strong organic growth, primarily in the US and the UK, in combination with strong acquisition-driven growth. Preliminary net sales for the quarter amounted to approximately SEK 1,388 million (SEK 635 million), which corresponds to 119% growth compared to the same period last year, of which about 70% is organic.業績と収益の成長予測DB:02H0 - アナリストの将来予測と過去の財務データ ( )SEK Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20289,377614601924312/31/20278,895542549826312/31/20268,11642919967233/31/20267,336-9557663N/A12/31/20257,519-14486584N/A9/30/20257,495129365521N/A6/30/20257,563358304510N/A3/31/20257,681371330601N/A12/31/20247,581346596921N/A9/30/20247,6174517871,096N/A6/30/20247,5825177031,060N/A3/31/20247,8166867251,186N/A12/31/20238,150848425944N/A9/30/20238,085875161775N/A6/30/20237,896968303923N/A3/31/20237,300898192751N/A12/31/20226,573795191670N/A9/30/20225,94864952464N/A6/30/20225,125456-114234N/A3/31/20224,245335-16767N/A12/31/20213,492253-98105N/A9/30/20212,92222548158N/A6/30/20212,551192119176N/A3/31/20212,278157141179N/A12/31/20202,081127185250N/A9/30/20201,9449685168N/A6/30/20201,88384106206N/A3/31/20201,8587190199N/A12/31/20191,84267N/A174N/A9/30/20191,82259N/A167N/A6/30/20191,75353N/A98N/A3/31/20191,68053N/A48N/A12/31/20181,59859N/A16N/A9/30/20181,49180N/A62N/A6/30/20181,42485N/A107N/A3/31/20181,35996N/A145N/A12/31/20171,31194N/A176N/A9/30/20171,22974N/A-23N/A6/30/20171,15164N/A-45N/A3/31/20171,03946N/A-11N/A12/31/201698248N/A-12N/A11/30/20161,00546N/A56N/A8/31/201689242N/A57N/A5/31/201682636N/A35N/A2/29/201674929N/A25N/A11/30/201570641N/A12N/A8/31/201562837N/A12N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 02H0は今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 1.9% ) よりも高い成長率であると考えられます。収益対市場: 02H0今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 02H0今後 3 年以内に収益を上げることが予想されます。収益対市場: 02H0の収益 ( 8.4% ) German市場 ( 6.7% ) よりも速いペースで成長すると予測されています。高い収益成長: 02H0の収益 ( 8.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 02H0の 自己資本利益率 は、3年後には低くなると予測されています ( 12.4 %)。成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/05 02:05終値2026/07/03 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Hexatronic Group AB (publ) 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関null nullABG Sundal CollierJacob EdlerDanske BankFredrik NilssonRedeye
お知らせ • Sep 23Hexatronic Group AB (Publ) Provides Earnings Guidance for the Second Half of 2023Hexatronic Group AB (publ) provided earnings guidance for the second half of 2023. Following softer market conditions in primarily the US and Germany in the subsequent period, the company foresees a negative organic revenue growth during the second half of 2023.
お知らせ • Apr 14Hexatronic Group AB (publ) Provides Earnings Guidance for the First Quarter of 2022Hexatronic Group AB (publ) provided earnings guidance for the first quarter of 2022. The company's sales and earnings during the first quarter of 2022 are expected to increase sharply due to strong organic growth, primarily in the US and the UK, in combination with strong acquisition-driven growth. Preliminary net sales for the quarter amounted to approximately SEK 1,388 million (SEK 635 million), which corresponds to 119% growth compared to the same period last year, of which about 70% is organic.
お知らせ • Jun 15Martin Åberg to Leave Hexatronic as Deputy CEO and Head of the Data Center Business AreaMartin Åberg has informed the CEO of Hexatronic that he has decided to leave his position as Deputy CEO and Head of the Data Center business area to focus on his private investments going forward. To ensure an orderly and smooth transition, Martin Åberg will remain in his role until a successor has been appointed. Martin Åberg has been a member of Group Management since 2014. During his time at Hexatronic, he has served as Deputy CEO and has been responsible for business development and M&A. In recent years, he has also held the position as Head of the Data Center business area. He has played a central role in driving strategic initiatives and has contributed significantly to the Group’s growth and diversification.
お知らせ • Jun 01Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of Superior Fiber & Data Services, Inc.Hexatronic Group AB (publ) (OM:HTRO) entered into an agreement to acquire Superior Fiber & Data Services, Inc. for enterprise value of $29 million on May 6, 2026. The consideration includes a potential additional earn-out of $3 million payable in 2029. The acquisition will be financed with proceeds from an accelerated bookbuilding process. The transaction is valued at an EV/EBITDA multiple of 5.8x to 6.4x. Randy Fuller, the founder and current Chief Operating Officer of Superior Fiber & Data Services, Inc, will remain with the company and transition into the role of Chief Executive Officer. Superior Fiber & Data Services, Inc is planning to do a tax reorganization prior to the completion of the acquisition which would lower the effective EV/EBITDA multiple to 5.4x-6.0x. For the period ending December 31, 2025, Superior Fiber & Data Services, Inc. reported total revenue of $40 million and EBITDA of $5 million. The transaction is expected to be completed on before end of May 2026. Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of Superior Fiber & Data Services, Inc. on June 1, 2026.
Buy Or Sell Opportunity • May 28Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 63% to €4.14. The fair value is estimated to be €3.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making.
お知らせ • May 09Hexatronic Group AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 600.000012 million.Hexatronic Group AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 600.000012 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 15,789,474 Price\Range: SEK 38
お知らせ • May 07Hexatronic Group AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 550 million.Hexatronic Group AB (publ) has filed a Follow-on Equity Offering in the amount of SEK 550 million. Security Name: Ordinary Shares Security Type: Common Stock
お知らせ • Apr 03Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of JOWO-Systemtechnik AG.Hexatronic Group AB (publ) (OM:HTRO) signed a binding agreement to acquire JOWO-Systemtechnik AG for an enterprise value of €11.8 million on March 2, 2026. The transaction also includes a self-funded earnout based on performance, payable in 2031. JOWO will be consolidated into the Hexatronic Harsh Environment business area. The acquisition has been financed through available cash and existing credit facilities. The transaction reflects TEV/EBITDA multiple of 4.7x. For the period ending December 31, 2025, JOWO-Systemtechnik AG reported total revenue of €18 million. The transaction is subject to approval by the German Authorities under the German Foreign Trade and Payments Act, and is expected to close in Q2, 2026. Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of JOWO-Systemtechnik AG on April 1, 2026.
お知らせ • Mar 03Hexatronic Group AB (publ) (OM:HTRO) signed a binding agreement to acquire JOWO-Systemtechnik AG for an enterprise value of €11.8 million.Hexatronic Group AB (publ) (OM:HTRO) signed a binding agreement to acquire JOWO-Systemtechnik AG for an enterprise value of €11.8 million on March 2, 2026. JOWO will be consolidated into the Hexatronic Harsh Environment business area. The acquisition has been financed through available cash and existing credit facilities. The transaction reflects TEV/EBITDA multiple of 4.7x. For the period ending December 31, 2025, JOWO-Systemtechnik AG reported total revenue of €18 million. The transaction is subject to approval by the German Authorities under the German Foreign Trade and Payments Act, and is expected to close in Q2, 2026.
お知らせ • Nov 26Hexatronic Group AB (publ) (OM:HTRO) acquired Communication Zone Inc. for $20.4 million.Hexatronic Group AB (publ) (OM:HTRO) acquired Communication Zone Inc. for $20.4 million on November 25, 2025. Hexatronic Group AB (publ) will pay an earnout/contingent payment of $3.5 million cash. As part of consideration, $3.5 million is paid towards common equity of Communication Zone Inc. The founders of Communication Zone, John Kaprales and Rick Wasmund, will remain in their respective positions as CEO and President, continuing to develop the business. Communication Zone will be part of the Hexatronic Data Center business area. The acquisition has been financed through available cash and existing debt facilities. For the period ending December 31, 2024, Communication Zone Inc. has a turnover of approximately USD 20 million and a normalized EBITDA of USD 4 million. Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of Communication Zone Inc. for $20.4 million on November 25, 2025.
お知らせ • Oct 23+ 2 more updatesHexatronic Group AB (publ) to Report Nine Months, 2026 Results on Oct 22, 2026Hexatronic Group AB (publ) announced that they will report nine months, 2026 results on Oct 22, 2026
お知らせ • Sep 18Hexatronic Group AB (publ), Annual General Meeting, May 12, 2026Hexatronic Group AB (publ), Annual General Meeting, May 12, 2026. Location: gothenburg Sweden
お知らせ • Apr 03Hexatronic Group AB (publ), Annual General Meeting, May 05, 2025Hexatronic Group AB (publ), Annual General Meeting, May 05, 2025, at 15:00 W. Europe Standard Time. Location: at gothia towers, massans gata 24, se-412 51, gothenburg Sweden
お知らせ • Feb 05Hexatronic Group AB (publ) Implements Changes in Executive ManagementHexatronic Group AB (publ) implemented changes in Executive Management. As part of focusing the business on the Group's business areas and future growth strategy, changes are being made to the Executive Management Team. Anna Bailey, Sourcing and Supply Director, and Tomas Jendel, CTO, will leave Executive Management to continue their corresponding roles in the Fiber Solutions business area. Linn Lundstedt, General Counsel and Company Secretary of Hexatronic Group, will join Executive Management. The changes will take effect immediately. Linn Lundstedt (born 1984) was recruited to Hexatronic in 2023. She previously worked as corporate counsel at Ericsson and Preem and as an attorney at the law firm Roschier. She holds a Master of Laws from Uppsala University and a Bachelor of Social Science in Business from Uppsala University. Organizationally, the management of the business areas is represented in the Executive Management Team. Incoming CEO Rikard Fröberg, who starts on March 1, will also lead Fiber Solutions. Martin Åberg is responsible for Data Center and Jakob Skov is responsible for Harsh Environment.
お知らせ • Jan 22+ 1 more updateHexatronic Group AB (Publ) Announces CEO ChangesHexatronic Group AB (publ) appointed Rikard Fröberg as CEO. Rikard Fröberg will take office on March 1, 2025. He will succeed Henrik Larsson Lyon, who announced his departure in September 2024. Current CEO Henrik Larsson Lyon will leave the company on February 8, 2025. The Board has appointed Deputy CEO Martin Åberg as acting President and CEO of Hexatronic Group from February 8 until Rikard Fröberg assumes the lead. Rikard Fröberg (born 1974) currently serves as Chief Product and Marketing Officer for Ansell Ltd, based in the United States. Ansell is the global leader in PPE (personal protective equipment) with over 15,000 employees, selling to industrial, energy, life science, datacenter, and medical customers worldwide. Previously, Rikard has held several senior executive positions with Ansell, including President of the Industrial Global Business Unit, managing a USD 800 million business globally. He also served as the Chief Commercial Officer for EMEA and Asia-Pacific (based in Brussels) and was responsible for sales and other commercial activities across the region. Before joining Ansell, Rikard worked for the pan-Nordic industrial wholesaler Ahlsell Group for five years in various roles (Ahlsell is an essential customer of Hexatronic). At Ahlsell, he was responsible for M&A and the execution of over 20 acquisitions as well as country management of the Baltic region. Rikard also worked for McKinsey & Co in Sweden for five years. He holds a Master of Science in Industrial Engineering and Management from Chalmers University of Technology and a Master of Arts in Mathematics of Finance from Columbia University. He lives with his family in the United States and will initially be based there. Rikard Fröberg will assume the role on March 1, 2025. Martin Åberg, who has been part of the group management for over 10 years, will after Rikard Fröberg joins as CEO, continue in his role as Deputy CEO with responsibility for acquisitions and the new focus area Data Center.
Reported Earnings • Oct 25Third quarter 2024 earnings released: EPS: kr0.52 (vs kr0.85 in 3Q 2023)Third quarter 2024 results: EPS: kr0.52 (down from kr0.85 in 3Q 2023). Revenue: kr1.97b (up 2.7% from 3Q 2023). Net income: kr108.0m (down 38% from 3Q 2023). Profit margin: 5.5% (down from 9.0% in 3Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
お知らせ • Oct 23+ 3 more updatesHexatronic Group AB (publ) to Report Q1, 2025 Results on Apr 28, 2025Hexatronic Group AB (publ) announced that they will report Q1, 2025 results at 7:00 AM, Central European Standard Time on Apr 28, 2025
お知らせ • Oct 02Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of Parts of Endor from Sýn hf. (ICSE:SYN).Hexatronic Group AB (publ) (OM:HTRO) signed a letter of intent to acquire Parts of Endor from Sýn hf. (ICSE:SYN) on July 8, 2024. The acquisition will not have a material impact on Hexatronic's results. In total, less than five employees will be transferred to Hexatronic. Hexatronic expects to take over the business in autumn. Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of Parts of Endor from Sýn hf. (ICSE:SYN) on October 1, 2024.
お知らせ • Sep 20Hexatronic Group AB (Publ) Announces Appointment of Nomination CommitteeHexatronic Group AB (publ) announced that Nomination Committee for Annual General Meeting in 2025 has been established. The four largest shareholders, in terms of votes at the end of August, had the right to nominate members. The Chairman of the Board shall be co-opted into the Nomination Committee. The Nomination Committee has been appointed as follows: Staffan Ringvall, Handelsbanken Fonder (Chairman of the Nomination Committee), Sophie Larsén, AMF Pension & Fonder, Mark Shay, Accendo Capital,Jonas Nordlund, representing himself Magnus Nicolin, co-opted, Chairman of the Board of Hexatronic Group.
お知らせ • Sep 18+ 1 more updateHexatronic Announces Henrik Larsson Lyon Decides to Leave as CEOHexatronic announced Henrik Larsson Lyon has informed the Board that after more than 10 years in the position, he has decided to round off his operational career and leave his role as CEO of Hexatronic Group. The Board is now initiating the recruitment of a new CEO. Henrik Larsson Lyon will remain in his role as CEO until a new leader has been appointed. Henrik Larsson Lyon has been the CEO of Hexatronic Group since 2014. According to his contract, he has a six-month notice period.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to €4.56, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Electrical industry in Germany. Total returns to shareholders of 35% over the past three years.
Recent Insider Transactions • Jul 24Deputy Chief Executive Officer recently sold €380k worth of stockOn the 19th of July, Martin Åberg sold around 68k shares on-market at roughly €5.62 per share. This transaction amounted to 59% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €149k more than they bought in the last 12 months.
Reported Earnings • Jul 17Second quarter 2024 earnings released: EPS: kr0.44 (vs kr1.28 in 2Q 2023)Second quarter 2024 results: EPS: kr0.44 (down from kr1.28 in 2Q 2023). Revenue: kr2.02b (down 10% from 2Q 2023). Net income: kr90.0m (down 65% from 2Q 2023). Profit margin: 4.4% (down from 12% in 2Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €5.74, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 20x in the Electrical industry in Germany. Total returns to shareholders of 96% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.38 per share.
New Risk • Jun 13New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks High level of debt (57% net debt to equity). Large one-off items impacting financial results.
Board Change • Jun 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Chairman of the Board Magnus Nicolin was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • May 08Hexatronic Group AB (Publ) Announces Board AppointmentsHexatronic Group AB (publ) at its AGM held on May 7, 2024, approved the appointment of Diego Andersson, Linda Hernström, Magnus Nicolin and Åsa Sundberg as members of the Board of Directors. Magnus Nicolin was elected as Chairman of the Board of Directors.
Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €3.29, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 18x in the Electrical industry in Germany. Total returns to shareholders of 15% over the past three years.
お知らせ • Apr 27Hexatronic Group AB (publ) Changes in Executive Management TeamHexatronic Group AB (publ) announced two changes in the company's executive management. Jakob Skov, Head of focus area Harsh Environment, will join the company's executive management as of April 2024 and in June 2024 Pernilla Grennfelt will join Hexatronic as Head of Investor Relations and join the company's executive management. Jakob Skov joined Hexatronic in 2022 and has since then successfully led Hexatronic's focus area Harsh Environment, which in the recent year has grown into a significant part of the Group's total sales. Jakob Skov has held senior roles in several global companies that specialize in advanced fiberoptics. He holds an MSc in International Business Administration and Finance from Aarhus School of Economics. Pernilla Grennfelt will assume the role as Head of Investor Relations in June 2024. Pernilla comes most recently from a role as a partner at Cord Communications. She was previously interim Head of Investor Relations at Tele2 and has before that participated in establishing and leading Investor Relations at Gränges and ICA Gruppen. She holds an MSc in Business Administration from Gothenburg School of Business, Economics and Law. Following these changes, Hexatronic's executive management team will consist of: Henrik Larsson Lyon – CEO and President; Pernilla Lindén – CFO; Martin Åberg – Deputy CEO; Jakob Skov – Head of focus area Harsh Environment; Christian Priess – Head of Central Europe; Magnus Angermund – Head of Northern Europe; Anna Bailey – Sourcing and Supply Chain Director; Lise-Lott Schönbeck – CMO; Tomas Jendel – CTO; Pernilla Grennfelt – Head of Investor Relations.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: kr0.62 (vs kr1.10 in 1Q 2023)First quarter 2024 results: EPS: kr0.62 (down from kr1.10 in 1Q 2023). Revenue: kr1.81b (down 15% from 1Q 2023). Net income: kr62.0m (down 72% from 1Q 2023). Profit margin: 3.4% (down from 11% in 1Q 2023). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 15Full year 2023 earnings released: EPS: kr4.18 (vs kr3.95 in FY 2022)Full year 2023 results: EPS: kr4.18 (up from kr3.95 in FY 2022). Revenue: kr8.15b (up 24% from FY 2022). Net income: kr848.0m (up 6.7% from FY 2022). Profit margin: 10% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 25Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €2.64, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 17x in the Electrical industry in Germany. Total returns to shareholders of 29% over the past three years.
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 42%After last week's 42% share price gain to €2.87, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 11x in the Electrical industry in Germany. Total returns to shareholders of 51% over the past three years.
New Risk • Feb 11New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. Minor Risk High level of debt (61% net debt to equity).
Reported Earnings • Feb 11Full year 2023 earnings released: EPS: kr4.18 (vs kr3.95 in FY 2022)Full year 2023 results: EPS: kr4.18 (up from kr3.95 in FY 2022). Revenue: kr8.15b (up 24% from FY 2022). Net income: kr848.0m (up 6.7% from FY 2022). Profit margin: 10% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 09Hexatronic Group AB (Publ) Proposes No Payment of Dividend for the Financial Year 2023The Board of Directors of Hexatronic Group AB (publ) proposed to the Annual General Meeting that no payment of dividend will be made for the financial year 2023.
New Risk • Feb 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 3.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings are forecast to decline by an average of 3.0% per year for the foreseeable future. Minor Risk High level of debt (72% net debt to equity).
Buy Or Sell Opportunity • Jan 21Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 40% to €1.84. The fair value is estimated to be €2.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 50% over the last 3 years. Earnings per share has grown by 68%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings are forecast to decline by 3.6% per annum over the same time period.
Buying Opportunity • Jan 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 44%. The fair value is estimated to be €2.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 50% over the last 3 years. Earnings per share has grown by 68%. For the next 3 years, revenue is forecast to grow by 2.7% per annum. Earnings is forecast to decline by 3.6% per annum over the same time period.
Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €2.18, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 16x in the Electrical industry in Europe. Total returns to shareholders of 55% over the past three years.
New Risk • Nov 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 2.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings are forecast to decline by an average of 2.0% per year for the foreseeable future. Minor Risk High level of debt (72% net debt to equity).
Valuation Update With 7 Day Price Move • Nov 22Investor sentiment deteriorates as stock falls 35%After last week's 35% share price decline to €1.52, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 15x in the Electrical industry in Europe. Total returns to shareholders of 27% over the past three years.
Reported Earnings • Oct 29Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: kr1.94b (up 12% from 3Q 2022). Net income: kr173.0m (down 35% from 3Q 2022). Profit margin: 8.9% (down from 15% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 27Investor sentiment deteriorates as stock falls 33%After last week's 33% share price decline to €2.12, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 13x in the Electrical industry in Europe. Total returns to shareholders of 97% over the past three years.
お知らせ • Oct 27+ 3 more updatesHexatronic Group AB (publ) to Report First Half, 2024 Results on Jul 16, 2024Hexatronic Group AB (publ) announced that they will report first half, 2024 results on Jul 16, 2024
お知らせ • Oct 21Hexatronic Group AB (publ), Annual General Meeting, May 07, 2024Hexatronic Group AB (publ), Annual General Meeting, May 07, 2024.
お知らせ • Sep 23Hexatronic Group AB (Publ) Provides Earnings Guidance for the Second Half of 2023Hexatronic Group AB (publ) provided earnings guidance for the second half of 2023. Following softer market conditions in primarily the US and Germany in the subsequent period, the company foresees a negative organic revenue growth during the second half of 2023.
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to €3.60, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Electrical industry in Europe. Total returns to shareholders of 224% over the past three years.
お知らせ • Sep 02Hexatronic Group AB (publ) (OM:HTRO) acquired atg Technology Group Limited.Hexatronic Group AB (publ) (OM:HTRO) acquired atg Technology Group Limited on September 1, 2023. The acquisition is financed with available cash. atg Technology generated revenues of NZD 3 million. The acquisition has no significant impact on Hexatronic’s earnings.Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of atg Technology Group Limited on September 1, 2023.
お知らせ • Aug 19Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of Cortland Fibron BX Limited from Rubicon Partners.Hexatronic Group AB (publ) (OM:HTRO) signed an agreement to acquire Cortland Fibron BX Limited from Rubicon Partners on June 28, 2023. The purchase price corresponds to a fixed enterprise value of GBP 25 million, with a potential earn-out of up to GBP 7 million based on Fibron’s accumulated EBITDA for the full year of 2023. EBITDA for the current year is expected to be GBP 5.3 million, which will result in full earnout and a purchase price of GBP 32 million. This corresponds to a transaction multiple of 6.0x based on expected EBITDA for the current year and 7.4x based on EBITDA for the full year of 2022. The proposed acquisition will be fully financed through existing credit facilities from Danske bank and SEB. After completion of the transaction, Hexatronic’s proforma net debt is expected to amount to 1.5 times proforma EBITDA. Proforma net debt including lease liabilities is expected to amount to 1.8 times proforma EBITDA. The existing Fibron management team will remain in their current roles. The transaction is subject to customary closing conditions and regulatory approval under the National Security and Investment Act. The deal is expected to be completed in the latter part of the third quarter 2023. Alvarez & Marsal is serving as financial due diligence advisor to Hexatronic, White & Case is serving as legal counsel in connection with the transaction. Rubicon Partners were advised by KPMG (sell-side M&A) and Proskauer (legal).The acquisition has been fully financed through existing credit facilities from Danske Bank and SEB.Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of Cortland Fibron BX Limited from Rubicon Partners on August 18, 2023.
Reported Earnings • Aug 16Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: kr2.28b (up 37% from 2Q 2022). Net income: kr259.0m (up 37% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Electrical industry in Germany.
New Risk • Jul 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (69% net debt to equity). Share price has been volatile over the past 3 months (7.3% average weekly change). Shareholders have been diluted in the past year (2.4% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €6.74, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Electrical industry in Europe. Total returns to shareholders of 593% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €13.10 per share.
お知らせ • Jun 29Hexatronic Group AB (publ) (OM:HTRO) signed an agreement to acquire Cortland Fibron BX Limited from Rubicon Partners.Hexatronic Group AB (publ) (OM:HTRO) signed an agreement to acquire Cortland Fibron BX Limited from Rubicon Partners on June 28, 2023. The purchase price corresponds to a fixed enterprise value of GBP 25 million, with a potential earn-out of up to GBP 7 million based on Fibron’s accumulated EBITDA for the full year of 2023. EBITDA for the current year is expected to be GBP 5.3 million, which will result in full earnout and a purchase price of GBP 32 million. This corresponds to a transaction multiple of 6.0x based on expected EBITDA for the current year and 7.4x based on EBITDA for the full year of 2022. The proposed acquisition will be fully financed through existing credit facilities from Danske bank and SEB. After completion of the transaction, Hexatronic’s proforma net debt is expected to amount to 1.5 times proforma EBITDA. Proforma net debt including lease liabilities is expected to amount to 1.8 times proforma EBITDA. The existing Fibron management team will remain in their current roles. The transaction is subject to customary closing conditions and regulatory approval under the National Security and Investment Act. The deal is expected to be completed in the latter part of the third quarter 2023. Alvarez & Marsal is serving as financial due diligence advisor to Hexatronic, White & Case is serving as legal counsel in connection with the transaction. Rubicon Partners were advised by KPMG (sell-side M&A) and Proskauer (legal).
New Risk • Jun 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (69% net debt to equity). Share price has been volatile over the past 3 months (7.0% average weekly change).
Valuation Update With 7 Day Price Move • Jun 14Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €6.39, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Electrical industry in Europe. Total returns to shareholders of 524% over the past three years.
Recent Insider Transactions • May 24CEO & Group President recently bought €90k worth of stockOn the 16th of May, Henrik Larsson-Lyon bought around 14k shares on-market at roughly €6.45 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Henrik has been a buyer over the last 12 months, purchasing a net total of €177k worth in shares.
お知らせ • May 10Hexatronic Group AB (publ) Approves Dividend for the Financial Year 2022Hexatronic Group AB (publ) at its AGM held on 9 May 2023 resolved that a dividend of SEK 0.10 per share for the financial year 2022 shall be paid and that the record date for receipt of the dividend shall be 11 May 2023.
Upcoming Dividend • May 03Upcoming dividend of kr0.10 per share at 0.1% yieldEligible shareholders must have bought the stock before 10 May 2023. Payment date: 16 May 2023. Payout ratio is a comfortable 2.3% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.0%).
Recent Insider Transactions • May 01CEO & Group President recently bought €87k worth of stockOn the 28th of April, Henrik Larsson-Lyon bought around 12k shares on-market at roughly €7.58 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Henrik has been a buyer over the last 12 months, purchasing a net total of €133k worth in shares.
Reported Earnings • Apr 17Full year 2022 earnings released: EPS: kr3.95 (vs kr1.32 in FY 2021)Full year 2022 results: EPS: kr3.95 (up from kr1.32 in FY 2021). Revenue: kr6.57b (up 88% from FY 2021). Net income: kr794.5m (up 214% from FY 2021). Profit margin: 12% (up from 7.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 7.7% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Apr 13Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.9%. The fair value is estimated to be €12.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 48% over the last 3 years. Earnings per share has grown by 77%. For the next 3 years, revenue is forecast to grow by 19% per annum. Earnings is also forecast to grow by 21% per annum over the same time period.
Buying Opportunity • Mar 27Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be €12.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 48% over the last 3 years. Earnings per share has grown by 77%. For the next 3 years, revenue is forecast to grow by 20% per annum. Earnings is also forecast to grow by 24% per annum over the same time period.
Reported Earnings • Feb 12Full year 2022 earnings released: EPS: kr3.95 (vs kr1.32 in FY 2021)Full year 2022 results: EPS: kr3.95 (up from kr1.32 in FY 2021). Revenue: kr6.57b (up 88% from FY 2021). Net income: kr794.5m (up 214% from FY 2021). Profit margin: 12% (up from 7.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Electrical industry in Germany. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has increased by 118% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Feb 11Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 15%. The fair value is estimated to be €14.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Earnings per share has grown by 76%.
お知らせ • Feb 09Hexatronic Group AB (Publ) Proposes Dividend for the Financial Year 2022The Board of Directors of Hexatronic Group AB (publ) will propose a dividend of SEK 0.10 (0.10) per share for the financial year 2022 to the Annual General meeting.
Recent Insider Transactions • Dec 29Independent Director recently bought €348k worth of stockOn the 27th of December, Jaakko Kivinen bought around 28k shares on-market at roughly €12.67 per share. This transaction increased Jaakko's direct individual holding by 11x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €5.0m more in shares than they bought in the last 12 months.
Buying Opportunity • Dec 21Now 22% undervaluedOver the last 90 days, the stock is up 50%. The fair value is estimated to be €17.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 74%. For the next 3 years, revenue is forecast to grow by 25% per annum. Earnings is also forecast to grow by 27% per annum over the same time period.
Recent Insider Transactions • Dec 06Insider recently sold €2.0m worth of stockOn the 28th of November, Håkan Bäckström sold around 148k shares on-market at roughly €13.52 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.7m more than they bought in the last 12 months.
お知らせ • Dec 02Hexatronic Group AB (publ) (OM:HTRO) acquired K-Net Co.,Ltd. from Seo Seong Nam.Hexatronic Group AB (publ) (OM:HTRO) entered into a definitive agreement to acquire K-Net Co.,Ltd. from Seo Seong Nam for $84 million on November 24, 2022. The purchase price for KNET is a fixed enterprise value of $48 million plus a potential earn-out based on the accumulated EBITDA for the 36-month period post-closing. The potential earn-out is estimated to $15 million. The maximum earn-out amounts to $36 million and is achieved if KNET performs an accumulated EBITDA for the 36-month period of more than USD 63 million. If the accumulated EBITDA for the same period is less than $27 million no earn-out will be paid out. The fixed purchase price of $48 million is to be paid in cash at closing, fully financed with senior debt. The acquisition also includes the land and buildings of the production plant. KNET will post-closing operate as an independent company with the existing management team and will continue to serve all existing customers under the KNET brand. The seller who also is the founder will continue in his current position as the Chairman for KNET. The acquisition is expected to close December 1, 2022. White & Case and Shin & Kim has acted as legal counsels for the acquisition of KNET. Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of K-Net Co.,Ltd. from Seo Seong Nam on December 1, 2022.
お知らせ • Nov 30An unknown buyer acquired an unknown minority stake in Hexatronic Group AB (publ) from Henrik Larsson Lyon, Martin Åberg, Håkan Bäckström and Magnus Angermund.An unknown buyer acquired an unknown minority stake in Hexatronic Group AB (publ) from Henrik Larsson Lyon, Martin Åberg, Håkan Bäckström and Magnus Angermund on November 29, 2022.An unknown buyer completed the acquisition of an unknown minority stake in Hexatronic Group AB (publ) from Henrik Larsson Lyon, Martin Åberg, Håkan Bäckström and Magnus Angermund on November 29, 2022.
お知らせ • Nov 25Hexatronic Group AB (publ) (OM:HTRO) entered into a definitive agreement to acquire K-Net Co.,Ltd. from Seo Seong Nam for $84 million.Hexatronic Group AB (publ) (OM:HTRO) entered into a definitive agreement to acquire K-Net Co.,Ltd. from Seo Seong Nam for $84 million on November 24, 2022. The purchase price for KNET is a fixed enterprise value of $48 million plus a potential earn-out based on the accumulated EBITDA for the 36-month period post-closing. The potential earn-out is estimated to $15 million. The maximum earn-out amounts to $36 million and is achieved if KNET performs an accumulated EBITDA for the 36-month period of more than USD 63 million. If the accumulated EBITDA for the same period is less than $27 million no earn-out will be paid out. The fixed purchase price of $48 million is to be paid in cash at closing, fully financed with senior debt. The acquisition also includes the land and buildings of the production plant. KNET will post-closing operate as an independent company with the existing management team and will continue to serve all existing customers under the KNET brand. The seller who also is the founder will continue in his current position as the Chairman for KNET. The acquisition is expected to close December 1, 2022. White & Case and Shin & Kim has acted as legal counsels for the acquisition of KNET.
お知らせ • Nov 21+ 1 more updateHexatronic Group AB (publ) to Report Q1, 2023 Results on Apr 27, 2023Hexatronic Group AB (publ) announced that they will report Q1, 2023 results at 7:00 AM, Central European Standard Time on Apr 27, 2023
Reported Earnings • Oct 30Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: kr1.74b (up 92% from 3Q 2021). Net income: kr266.8m (up 269% from 3Q 2021). Profit margin: 15% (up from 8.0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electrical industry in Germany.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improved over the past weekAfter last week's 17% share price gain to €11.44, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 21x in the Electrical industry in Germany. Total returns to shareholders of 1,040% over the past three years.
お知らせ • Oct 12Hexatronic Group AB (Publ) Appoints Nomination CommitteeHexatronic Group AB (publ) appointed Nomination Committee of Hexatronic Group: Staffan Ringvall, representing Handelsbanken Fonder; Angelica Hanson, representing AMF Pension & Fonder; Jonas Nordlund, representing himselfMark Shay, representing Accendo Capital and Anders Persson, co-opted, Chairman of the Board of Hexatronic Group.
お知らせ • Oct 05Hexatronic Group AB (publ) (OM:HTRO) acquired 90% stake in Impact Data Solutions Limited from Sterlite Global Ventures (Mauritius) Limited and others.Hexatronic Group AB (publ) (OM:HTRO) signed an agreement to acquire 90% stake in Impact Data Solutions Limited from Sterlite Global Ventures (Mauritius) Limited and others for £16.8 million on September 26, 2022. Under the terms of transaction Hexatronic Group AB will pay initial consideration of £9.6 million subject to customary completion accounts adjustment and additional earnout consideration of £7.2 million based on the EBITDA performance of Impact Data Solutions for the year ending 31st December 2022 which will be payable upon completion of the audit of Impact Data Solutions post completion of the transaction. The acquisition is financed with available cash. Sterlite Global Ventures (Mauritius) Limited is selling 80% stake and the original founders of Impact Data Solutions are selling 10% stake, rest 10% will be retained by Chief Executive Officer Benjamin Parker. Hexatronic has an option to acquire the remaining 10% of the shares over the period 2026-2029. The acquisition has no significant impact on earnings of Hexatronic Group AB. The transaction is subject to regulatory approvals, if any and is expected to close on October 3, 2022. Hexatronic Group AB (publ) (OM:HTRO) acquired 90% stake in Impact Data Solutions Limited from Sterlite Global Ventures (Mauritius) Limited and others on October 04, 2022.
お知らせ • Sep 29Hexatronic Group AB (publ), Annual General Meeting, May 09, 2023Hexatronic Group AB (publ), Annual General Meeting, May 09, 2023, at 15:00 Central European Standard Time.
お知らせ • Sep 27Hexatronic Group AB (publ) (OM:HTRO) signed an agreement to acquire 90% stake in Impact Data Solutions Limited from Sterlite Global Ventures (Mauritius) Limited and others for £16.8 million.Hexatronic Group AB (publ) (OM:HTRO) signed an agreement to acquire 90% stake in Impact Data Solutions Limited from Sterlite Global Ventures (Mauritius) Limited and others for £16.8 million on September 26, 2022. Under the terms of transaction Hexatronic Group AB will pay initial consideration of £9.6 million subject to customary completion accounts adjustment and additional earnout consideration of £7.2 million based on the EBITDA performance of Impact Data Solutions for the year ending 31st December 2022 which will be payable upon completion of the audit of Impact Data Solutions post completion of the transaction. The acquisition is financed with available cash. Sterlite Global Ventures (Mauritius) Limited is selling 80% stake and the original founders of Impact Data Solutions are selling 10 % stake, rest 10% will be retained by Chief Executive Officer Benjamin Parker. Hexatronic has an option to acquire the remaining 10% of the shares over the period 2026-2029. The acquisition has no significant impact on earnings of Hexatronic Group AB. The transaction is subject to regulatory approvals, if any and is expected to close on October 3, 2022.
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €8.50, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 21x in the Electrical industry in Germany. Total returns to shareholders of 751% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.40 per share.
Reported Earnings • Aug 13Second quarter 2022 earnings releasedSecond quarter 2022 results: Net income: kr188.8m (up 176% from 2Q 2021).
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improved over the past weekAfter last week's 20% share price gain to €8.10, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 23x in the Electrical industry in Germany. Total returns to shareholders of 785% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.12 per share.
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to €41.97, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 26x in the Electrical industry in Germany. Total returns to shareholders of 793% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €37.64 per share.
お知らせ • May 02Hexatronic Group AB (publ) Proposes Dividend for the Financial Year 2021The board of Directors of Hexatronic Group AB (publ) will propose a dividend of SEK 0.50 per share for the financial year 2021 to the Annual General Meeting. The company paid SEK 0.50 per share for the same period last year.
Reported Earnings • May 01First quarter 2022 earnings released: EPS: kr3.03 (vs kr1.04 in 1Q 2021)First quarter 2022 results: EPS: kr3.03 (up from kr1.04 in 1Q 2021). Revenue: kr1.39b (up 119% from 1Q 2021). Net income: kr120.9m (up 208% from 1Q 2021). Profit margin: 8.7% (up from 6.2% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 23%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 104% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Apr 29Upcoming dividend of kr0.50 per shareEligible shareholders must have bought the stock before 06 May 2022. Payment date: 12 May 2022. Payout ratio is a comfortable 7.6% but the company is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.0%). Lower than average of industry peers (1.0%).
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improved over the past weekAfter last week's 28% share price gain to €43.75, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 26x in the Electrical industry in Germany. Total returns to shareholders of 783% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €36.55 per share.
Reported Earnings • Apr 14Full year 2021 earnings released: EPS: kr6.60 (vs kr3.38 in FY 2020)Full year 2021 results: EPS: kr6.60 (up from kr3.38 in FY 2020). Revenue: kr3.49b (up 68% from FY 2020). Net income: kr253.1m (up 100% from FY 2020). Profit margin: 7.2% (up from 6.1% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 43%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 14Hexatronic Group AB (publ) Provides Earnings Guidance for the First Quarter of 2022Hexatronic Group AB (publ) provided earnings guidance for the first quarter of 2022. The company's sales and earnings during the first quarter of 2022 are expected to increase sharply due to strong organic growth, primarily in the US and the UK, in combination with strong acquisition-driven growth. Preliminary net sales for the quarter amounted to approximately SEK 1,388 million (SEK 635 million), which corresponds to 119% growth compared to the same period last year, of which about 70% is organic.