View ValuationHexagon Composites 将来の成長Future 基準チェック /56Hexagon Composites利益と収益がそれぞれ年間100.5%と31.9%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6.1% 141.5%なると予測されています。主要情報100.5%収益成長率141.47%EPS成長率Machinery 収益成長24.7%収益成長率31.9%将来の株主資本利益率6.07%アナリストカバレッジLow最終更新日19 May 2026今後の成長に関する最新情報Breakeven Date Change • Feb 19Forecast to breakeven in 2025The 2 analysts covering Hexagon Composites expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr136.9m in 2025. Average annual earnings growth of 37% is required to achieve expected profit on schedule.お知らせ • Oct 14Hexagon Composites Asa Revises Full Year Guidance 2022Hexagon Composites ASA expected revenues were stated between NOK 3.7 to 3.9 billion with downside risk, for full year 2022. Revenues for 2022, mainly secured by backlog, are expected to meet the guided target.お知らせ • May 13Hexagon Composites Maintains Earnings Guidance for the Full Yarer 2022Hexagon Composites maintained earnings guidance for the full yarer 2022. For the year, the company maintained revenue side, that will mean greater than 15% growth with the range from NOK 3.7 billion to NOK 3.9 billion.すべての更新を表示Recent updatesNew Risk • May 22New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 56% This is considered a major 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: Major Risk Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).お知らせ • May 08+ 2 more updatesHexagon Composites ASA has filed a Follow-on Equity Offering in the amount of NOK 550 million.Hexagon Composites ASA has filed a Follow-on Equity Offering in the amount of NOK 550 million. Security Name: Ordinary Shares Security Type: Common Stock Security Name: Ordinary Shares Security Type: Common Stock Transaction Features: Regulation S; Subsequent Direct Listingお知らせ • May 06Hexagon Composites ASA Appoints Eirik Løhre as Permanent CFO, Effective May 5, 2026Hexagon Composites ASA announced that Eirik Løhre has been appointed permanently to the role of CFO in Hexagon Composites, effective May 5, 2026. Eirik Løhre has been with the Company since 2021 and prior to his role as interim CFO, he served as EVP Corporate Development on the Executive Team.お知らせ • Dec 22Hexagon Composites ASA, Annual General Meeting, Apr 30, 2026Hexagon Composites ASA, Annual General Meeting, Apr 30, 2026.お知らせ • Dec 19+ 4 more updatesHexagon Composites ASA to Report Fiscal Year 2025 Results on Apr 09, 2026Hexagon Composites ASA announced that they will report fiscal year 2025 results at 7:00 AM, Central European Standard Time on Apr 09, 2026お知らせ • Nov 11Hexagon Composites ASA Announces Executive Changes, Effective November 11, 2025Hexagon Composites ASA announced that David Bandele, CFO of Hexagon Composites ASA, has decided to seek opportunities outside of Hexagon. David joined Hexagon in 2014 and has guided the company through different growth phases and several acquisitions, including Agility Fuel Solutions in 2019. The Board thanks David for his dedication and valuable commitment to Hexagon over the past decade. Eirik Løhre has been appointed interim CFO. Eirik joined Hexagon in 2021 and has served as EVP Corporate Development on the Executive Team. He has been essential in Hexagon's ongoing cost reduction program and strategic initiatives, including M&A and long-term portfolio alignment. Eirik brings broad experience from corporate finance and strategy, and deep knowledge of Hexagon's core markets and operations. The change is effective as of November 11, 2025 and the transition will be supported by David.お知らせ • Sep 23Hexagon Composites ASA has withdrawn its Follow-on Equity Offering in the amount of NOK 84 million.Hexagon Composites ASA has withdrawn its Follow-on Equity Offering in the amount of NOK 84 million. Security Name: Shares Security Type: Common Stock Securities Offered: 6,000,000 Price\Range: NOK 14 Transaction Features: Rights Offeringお知らせ • Sep 18+ 2 more updatesHexagon Composites ASA has filed a Follow-on Equity Offering in the amount of NOK 84 million.Hexagon Composites ASA has filed a Follow-on Equity Offering in the amount of NOK 84 million. Security Name: Shares Security Type: Common Stock Securities Offered: 6,000,000 Price\Range: NOK 14 Transaction Features: Rights Offeringお知らせ • Apr 15Hexagon Composites ASA (OB:HEX) announces an Equity Buyback for 4,000,000 shares, for NOK 75 million.Hexagon Composites ASA (OB:HEX) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, for NOK 75 million. The purpose of the program is to fulfil the company's obligations under its incentive programs and for general corporate purposes. The program is valid till May 31, 2025. As of April 14, 2025, the company had 396,610 treasury shares.お知らせ • Dec 20+ 5 more updatesHexagon Composites ASA, Annual General Meeting, May 05, 2025Hexagon Composites ASA, Annual General Meeting, May 05, 2025.お知らせ • Dec 03Hexagon Composites Appoints Philipp Schramm as Chief Executive Officer, Effective 7 January 2025Hexagon Composites announced the appointment of Dr. Philipp Schramm as Chief Executive Officer, effective 7 January 2025. Schramm will succeed Jon Erik Engeset, who on 16 April 2024announced his decision to step down. Philipp is an automotive industry executive, with more than 15 years of global experience in the automotive supplier industry. He recently served as the CEO and CFO of Brose, one of the world's largest family-owned automotive parts suppliers, with approximately 32,000 employees across 24 countries and annual revenues of around EUR 8 billion. Since joining Brose in 2020 the company has grown by about 30%. Prior to his role at Brose, Philipp held several senior positions at Webasto, another leading automotive supplier. Schramm's career started with PricewaterhouseCoopers with a focus on audit, M&A, restructuring and transaction services. His customer-focused approach and deep sector knowledge have driven significant growth and value creation in his previous positions where he has successfully identified new markets, geographies, and business opportunities in dynamic and fast changing environments. Philipp holds a Ph.D. (business doctorate) and a Diploma in Business Administration from the Katholische Universitat Eichstatt-Ingolstadt, Germany, as well as the equivalent of an executive MBA from Harvard Business School.Recent Insider Transactions • Nov 15Chief Financial Officer recently sold €253k worth of stockOn the 7th of November, David Bandele sold around 67k shares on-market at roughly €3.79 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. David has been a net seller over the last 12 months, reducing personal holdings by €343k.Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: kr0.01 (vs kr0.79 loss in 3Q 2023)Third quarter 2024 results: EPS: kr0.01 (up from kr0.79 loss in 3Q 2023). Revenue: kr1.25b (flat on 3Q 2023). Net income: kr2.20m (up kr161.4m from 3Q 2023). Profit margin: 0.2% (up from net loss in 3Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.Buy Or Sell Opportunity • Sep 17Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 41% to €3.53. The fair value is estimated to be €2.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company became loss making.Buy Or Sell Opportunity • Aug 31Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to €3.45. The fair value is estimated to be €2.86, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company became loss making.New Risk • Aug 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.0% 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 Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (4.0% increase in shares outstanding).Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: kr2.95 (vs kr0.46 in 2Q 2023)Second quarter 2024 results: EPS: kr2.95. Revenue: kr1.15b (down 16% from 2Q 2023). Net loss: kr91.8m (down 197% from profit in 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany.Buy Or Sell Opportunity • Jun 13Now 21% undervaluedOver the last 90 days, the stock has risen 60% to €2.66. The fair value is estimated to be €3.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Jun 05Worthington Enterprises, Inc. (NYSE:WOR) completed the acquisition of Hexagon Ragasco AS from Hexagon Composites ASA (OB:HEX).Worthington Enterprises, Inc. (NYSE:WOR) signed a definitive agreement to acquire Hexagon Ragasco AS from Hexagon Composites ASA (OB:HEX) at an enterprise value of NOK 1.05 billion on May 29, 2024. In related transaction Hexagon Composites signed a definitive agreement to acquire 49% stake in Sustainable Energy Solutions business segment. Depending on the full year 2024 performance of Hexagon Ragasco, the value may be adjusted between minus NOK 50 million to plus NOK 100 million. The sale of Hexagon Ragasco is expected to close on or around June 3, 2024. DNB Markets and Danske Bank acted as financial advisors, and Schjødt and Saxinger Rechtanwalts acted as legal advisors, to Hexagon Composites on the transactions. Worthington Enterprises, Inc. (NYSE:WOR) completed the acquisition of Hexagon Ragasco AS from Hexagon Composites ASA (OB:HEX) on June 3, 2024.お知らせ • May 30Hexagon Composites ASA (OB:HEX) acquired 49% stake in Sustainable Energy Solutions business segment of Worthington Enterprises for approximately €9.2 million.Hexagon Composites ASA (OB:HEX) acquired 49% stake in Sustainable Energy Solutions business segment of Worthington Enterprises for approximately €9.2 million on May 29, 2024. SES is a leading European supplier of high-pressure cylinders and systems for storage and distribution of compressed natural gas, hydrogen and industrial gases, and generated revenues of €127 million and adjusted EBITDA of €2.9 million in calendar year 2023. Worthington will retain 49% of the shares, while senior executives will hold the balance. DNB Markets and Danske Bank acted as financial advisors, and Schjødt and Saxinger Rechtanwalts acted as legal advisors, to Hexagon Composites on the transactions. Hexagon Composites ASA (OB:HEX) completed the acquisition of 49% stake in Sustainable Energy Solutions business segment of Worthington Enterprises on May 29, 2024.New Risk • May 28New 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 Risks Interest payments are not well covered by earnings (1.3x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change).New Risk • May 19New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change).Reported Earnings • May 08First quarter 2024 earnings released: kr0.79 loss per share (vs kr0.14 profit in 1Q 2023)First quarter 2024 results: kr0.79 loss per share (down from kr0.14 profit in 1Q 2023). Revenue: kr1.08b (down 4.0% from 1Q 2023). Net loss: kr157.7m (down kr188.9m from profit in 1Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.お知らせ • Apr 17Hexagon Composites Announces Resignation of Jon Erik Engeset as Chief Executive OfficerHexagon Composites announced that Jon Erik Engeset will step down as Chief Executive Officer. The Company will shortly commence a search process. Engeset will continue as CEO until the position is filled, following which he will continue to support the company in an advisory role.お知らせ • Apr 16Hexagon Composites Announces Resignation of Jon Erik Engeset as Group PresidentHexagon Composites announced that Jon Erik Engeset will step down as Group President. The Company will shortly commence a search process. Engeset will continue as CEO until the position is filled, following which he will continue to support the company in an advisory role.Reported Earnings • Feb 16Full year 2023 earnings released: EPS: kr5.66 (vs kr1.55 loss in FY 2022)Full year 2023 results: EPS: kr5.66. Revenue: kr5.19b (up 5.5% from FY 2022). Net loss: kr816.6m (loss widened 162% from FY 2022). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Machinery industry in Germany.お知らせ • Dec 14+ 5 more updatesHexagon Composites ASA to Report First Half, 2024 Results on Aug 15, 2024Hexagon Composites ASA announced that they will report first half, 2024 results on Aug 15, 2024New Risk • Nov 21New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% 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 Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change).Reported Earnings • Nov 10Third quarter 2023 earnings releasedThird quarter 2023 results: kr0.79 loss per share. Revenue: kr1.25b (flat on 3Q 2022). Net loss: kr159.2m (loss widened 152% from 3Q 2022). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 21% per year.Buying Opportunity • Nov 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €2.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Oct 16Now 20% undervaluedOver the last 90 days, the stock is up 2.6%. The fair value is estimated to be €2.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company became loss making.New Risk • Aug 26New 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 9.0% 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 Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings are forecast to decline by an average of 11% per year for the foreseeable future.Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: kr11.20 (vs kr0.57 loss in 2Q 2022)Second quarter 2023 results: EPS: kr11.20 (up from kr0.57 loss in 2Q 2022). Revenue: kr1.37b (up 16% from 2Q 2022). Net income: kr94.8m (up kr177.0m from 2Q 2022). Profit margin: 6.9% (up from net loss in 2Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.New Risk • Jul 05New 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 6.7% 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. This is currently the only risk that has been identified for the company.Reported Earnings • May 12First quarter 2023 earnings released: kr0.85 loss per share (vs kr0.56 loss in 1Q 2022)First quarter 2023 results: kr0.85 loss per share (further deteriorated from kr0.56 loss in 1Q 2022). Revenue: kr1.26b (up 24% from 1Q 2022). Net loss: kr123.0m (loss widened 52% from 1Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • May 05Hexagon Launches Hexagon Agility Fleetcare, an Extended Aftermarket Offering At ACT ExpoHexagon Agility is introducing an extended aftermarket offering Certified Pre-Owned (CPO) program. The CPO program will provide a thorough factory inspection using proprietary technology. It includes a re-certification of the fuel system to install on new trucks for the secondary market - or refurbish for same fleet, improving sustainability and providing lower total cost of ownership. A new Hexagon Agility FleetCare facility, strategically located near OEMs and Hexagon Agility's Salisbury, NC plant is scheduled to open in June 2023. Hexagon Agility FleetCare is the only aftermarket service solely dedicated to clean fuel fleets, assisting them in achieving higher uptime and lower cost of ownership. "Hexagon Agility's new 40,000 sq ft facility will house parts, service, and installation operations to support the expansion of Hexagon Agility FleetCare total lifecycle portfolio. The facility will serve as the East Coast warehouse location with Hexagon Agility's Genuine Parts also available at a "Will Call" counter. Natural gas fuel system refurbishment and service will also be available, and the facility will serve as a staging location for Eastern Region remote field service technicians," says Brad Garner, SVP Hexagon Agility FleetCare.Recent Insider Transactions • Apr 09Group President & CEO recently sold €77k worth of stockOn the 5th of April, Jon Engeset sold around 27k shares on-market at roughly €2.88 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jon's only on-market trade for the last 12 months.Breakeven Date Change • Feb 19Forecast to breakeven in 2025The 2 analysts covering Hexagon Composites expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr136.9m in 2025. Average annual earnings growth of 37% is required to achieve expected profit on schedule.Reported Earnings • Feb 17Full year 2022 earnings released: kr2.12 loss per share (vs kr1.19 loss in FY 2021)Full year 2022 results: kr2.12 loss per share (further deteriorated from kr1.19 loss in FY 2021). Revenue: kr4.93b (up 39% from FY 2021). Net loss: kr311.6m (loss widened 31% from FY 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.お知らせ • Feb 17Hans Peter Havdal Joins Hexagon Composites ASA as Chief Operating Officer and Resigns Post as Board MemberHexagon Composites announced that Hans Peter Havdal, currently a member of the board of directors of Hexagon Composites, will be joining the company as Chief Operating Officer (COO), effective 6 March 2023. Hans Peter's appointment as COO will preclude his participation on the Hexagon Composites Board of Directors. His resignation as a member of the Board of Directors is effective immediately. Hans Peter comes from the position as General Manager, Engineering and Digital Services in Semcon International, a global consulting company. He has previously served as the CEO of Kongsberg Automotive ASA and has held several other international management positions within the automotive industry. Hans Peter holds an MSc in Mechanical Engineering from the Norwegian University of Science & Technology.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Liv Hovem was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 04Third quarter 2022 earnings released: kr0.40 loss per share (vs kr0.28 loss in 3Q 2021)Third quarter 2022 results: kr0.40 loss per share (further deteriorated from kr0.28 loss in 3Q 2021). Revenue: kr1.24b (up 42% from 3Q 2021). Net loss: kr63.2m (loss widened 69% from 3Q 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.お知らせ • Oct 21+ 5 more updatesHexagon Composites ASA to Report Q4, 2023 Results on Feb 15, 2024Hexagon Composites ASA announced that they will report Q4, 2023 results on Feb 15, 2024お知らせ • Oct 14Hexagon Composites Asa Revises Full Year Guidance 2022Hexagon Composites ASA expected revenues were stated between NOK 3.7 to 3.9 billion with downside risk, for full year 2022. Revenues for 2022, mainly secured by backlog, are expected to meet the guided target.Reported Earnings • Aug 16Second quarter 2022 earnings released: kr0.57 loss per share (vs kr0.36 loss in 2Q 2021)Second quarter 2022 results: kr0.57 loss per share (down from kr0.36 loss in 2Q 2021). Revenue: kr1.18b (up 50% from 2Q 2021). Net loss: kr82.2m (loss widened 61% from 2Q 2021). Over the next year, revenue is forecast to grow 27%, compared to a 10% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance.Recent Insider Transactions • Jun 12President of Hexagon Ragasco recently sold €56k worth of stockOn the 10th of June, Skjalg Stavheim sold around 18k shares on-market at roughly €3.11 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.2m more than they bought in the last 12 months.Reported Earnings • May 15First quarter 2022 earnings released: kr0.56 loss per share (vs kr0.47 loss in 1Q 2021)First quarter 2022 results: kr0.56 loss per share (down from kr0.47 loss in 1Q 2021). Revenue: kr1.02b (up 47% from 1Q 2021). Net loss: kr81.0m (loss widened 21% from 1Q 2021). Over the next year, revenue is forecast to grow 25%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.お知らせ • May 13Hexagon Composites Maintains Earnings Guidance for the Full Yarer 2022Hexagon Composites maintained earnings guidance for the full yarer 2022. For the year, the company maintained revenue side, that will mean greater than 15% growth with the range from NOK 3.7 billion to NOK 3.9 billion.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Liv Hovem was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 28Full year 2021 earnings released: kr1.19 loss per share (vs kr0.74 loss in FY 2020)Full year 2021 results: kr1.19 loss per share (down from kr0.74 loss in FY 2020). Revenue: kr3.54b (up 15% from FY 2020). Net loss: kr237.3m (loss widened 69% from FY 2020). Over the next year, revenue is forecast to grow 28%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.Reported Earnings • Feb 19Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: kr1.64 loss per share (down from kr0.74 loss in FY 2020). Revenue: kr3.54b (up 15% from FY 2020). Net loss: kr240.1m (loss widened 71% from FY 2020). Revenue exceeded analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 28%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 13Second quarter 2021 earnings released: kr0.59 loss per share (vs kr0.41 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: kr788.1m (up 15% from 2Q 2020). Net loss: kr51.2m (loss narrowed 34% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.Reported Earnings • May 13First quarter 2021 earnings releasedThe company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: kr692.5m (down 16% from 1Q 2020). Net loss: kr93.1m (down 250% from profit in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 27Full year 2020 earnings released: kr0.74 loss per share (vs kr0.62 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: kr3.08b (down 9.8% from FY 2019). Net loss: kr140.8m (down 231% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.お知らせ • Mar 18Hexagon Composites ASA, Annual General Meeting, Apr 28, 2022Hexagon Composites ASA, Annual General Meeting, Apr 28, 2022.お知らせ • Mar 03Hexagon Agility Receives Additional Order from Major Global Logistics Customer for CNG TrucksHexagon Agility receives additional order from major global logistics customer for CNG trucks. Hexagon Agility, a business of Hexagon Composites, signed a master services agreement in June 2020 with a global logistics customer to deliver compressed natural gas (CNG) fuel systems for medium and heavy-duty trucks. The first order received related to this customer in 2021 represents an estimated total value of USD $6.8 million (approx. NOK 58 million). As a low carbon fuel, CNG can result in reductions of greenhouse gas (GHG) emissions compared to diesel of over 20% when using conventional natural gas, or 90% or more when using renewable natural gas (RNG) produced from landfills, dairy farms and other bio sources.Reported Earnings • Feb 20Full year 2020 earnings released: kr0.80 loss per share (vs kr0.62 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: kr3.08b (down 9.8% from FY 2019). Net loss: kr145.3m (down 235% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Feb 20Revenue misses expectationsRevenue missed analyst estimates by 7.9%. Over the next year, revenue is forecast to grow 26%, compared to a 5.0% growth forecast for the Machinery industry in Germany.お知らせ • Feb 03Hexagon Composites ASA to Report Q4, 2020 Results on Feb 17, 2021Hexagon Composites ASA announced that they will report Q4, 2020 results at 7:00 AM, Central European Standard Time on Feb 17, 2021Is New 90 Day High Low • Jan 07New 90-day high: €5.80The company is up 17% from its price of €4.97 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.46 per share.Is New 90 Day High Low • Nov 30New 90-day high: €5.35The company is up 5.0% from its price of €5.09 on 01 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.21 per share.お知らせ • Nov 18+ 5 more updatesHexagon Composites ASA to Report Q3, 2021 Results on Nov 04, 2021Hexagon Composites ASA announced that they will report Q3, 2021 results on Nov 04, 2021お知らせ • Aug 19Hexagon Composites ASA to Transfer CNG LDV to Its G-Mobility Business – Establishing Hexagon Purus as A Pure E-Mobility BusinessHexagon Composites ASA announced the transfer of its Compressed Natural Gas Light Duty Vehicle (CNG LDV) activities from Hexagon Purus, to Hexagon’s gas-mobility (g-mobility) business. This transfer will establish Hexagon Purus as a pure e-mobility business. Post initial COVID-19 disruption, de-carbonization is high up on the global agenda and there is a strong push to limit carbon emissions. This momentum is evidenced by many government responses which have put attention firmly back on climate change, renewable energy and new green technologies. This is creating unprecedented opportunities for both g-mobility and e-mobility players. Hexagon Group’s business covers the spectrum of low carbon and no carbon mobility solutions. Its strategy focuses along three axes; g-mobility, e-mobility, and world class manufacturing. Since January 2020, the company has combined all its e-mobility activities in Hexagon Purus to develop its leading position and pursue zero-emission opportunities in the growing e-mobility market. In that reorganization, CNG LDV remained a part of the Hexagon Purus structure.業績と収益の成長予測DB:2HX - アナリストの将来予測と過去の財務データ ( )NOK 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12/31/20286,315413190283412/31/20274,68237-100-31412/31/20263,014-4567014523/31/20262,711-487-154-54N/A12/31/20252,954-1,159-201-67N/A9/30/20253,643-1,758-56109N/A6/30/20254,355-1,492-57155N/A3/31/20254,830-1,6395262N/A12/31/20244,862-969-122147N/A9/30/20244,614-1,0815070N/A6/30/20244,509-1,232189183N/A3/31/20244,521-1,070166251N/A12/31/20234,521-917186383N/A9/30/20234,517-54-468325N/A6/30/20234,45299-409223N/A3/31/20234,32470-52282N/A12/31/20224,292120-48499N/A9/30/20224,2081-475-146N/A6/30/20224,003-40-833-313N/A3/31/20223,758-133-576-117N/A12/31/20213,538-237-706-345N/A9/30/20213,159-235-37422N/A6/30/20213,053-244-125177N/A3/31/20212,948-270-12598N/A12/31/20203,080-14152229N/A9/30/20203,219-51-72132N/A6/30/20203,22051-10194N/A3/31/20203,419101-27177N/A12/31/20193,416107N/A193N/A9/30/20192,901120N/A153N/A6/30/20192,40797N/A36N/A3/31/20191,892187N/A61N/A12/31/20181,487141N/A155N/A9/30/20181,418149N/A64N/A6/30/20181,473133N/A181N/A3/31/20181,47885N/A217N/A12/31/20171,40869N/A90N/A9/30/20171,397242N/A56N/A6/30/20171,332215N/A-31N/A3/31/20171,275215N/A-120N/A12/31/20161,221208N/A-4N/A9/30/20161,24516N/A43N/A6/30/20161,236-9N/A77N/A3/31/20161,334-33N/A149N/A12/31/20151,4445N/A41N/A9/30/20151,56935N/A141N/A6/30/20151,662112N/A92N/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: 2HX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: 2HX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: 2HX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: 2HXの収益 ( 31.9% ) 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: 2HXの収益 ( 31.9% ) 20%よりも速いペースで成長すると予測されています。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: 2HX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 ( 6.1 %)。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2026/06/03 08:20終値2026/06/03 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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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Hexagon Composites ASA 4 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。7 アナリスト機関Fabian JørgensenCarnegie Investment Bank ABElliott Geoffrey JonesDanske BankHelene BrondboDNB Carnegie4 その他のアナリストを表示
Breakeven Date Change • Feb 19Forecast to breakeven in 2025The 2 analysts covering Hexagon Composites expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr136.9m in 2025. Average annual earnings growth of 37% is required to achieve expected profit on schedule.
お知らせ • Oct 14Hexagon Composites Asa Revises Full Year Guidance 2022Hexagon Composites ASA expected revenues were stated between NOK 3.7 to 3.9 billion with downside risk, for full year 2022. Revenues for 2022, mainly secured by backlog, are expected to meet the guided target.
お知らせ • May 13Hexagon Composites Maintains Earnings Guidance for the Full Yarer 2022Hexagon Composites maintained earnings guidance for the full yarer 2022. For the year, the company maintained revenue side, that will mean greater than 15% growth with the range from NOK 3.7 billion to NOK 3.9 billion.
New Risk • May 22New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 56% This is considered a major 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: Major Risk Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).
お知らせ • May 08+ 2 more updatesHexagon Composites ASA has filed a Follow-on Equity Offering in the amount of NOK 550 million.Hexagon Composites ASA has filed a Follow-on Equity Offering in the amount of NOK 550 million. Security Name: Ordinary Shares Security Type: Common Stock Security Name: Ordinary Shares Security Type: Common Stock Transaction Features: Regulation S; Subsequent Direct Listing
お知らせ • May 06Hexagon Composites ASA Appoints Eirik Løhre as Permanent CFO, Effective May 5, 2026Hexagon Composites ASA announced that Eirik Løhre has been appointed permanently to the role of CFO in Hexagon Composites, effective May 5, 2026. Eirik Løhre has been with the Company since 2021 and prior to his role as interim CFO, he served as EVP Corporate Development on the Executive Team.
お知らせ • Dec 22Hexagon Composites ASA, Annual General Meeting, Apr 30, 2026Hexagon Composites ASA, Annual General Meeting, Apr 30, 2026.
お知らせ • Dec 19+ 4 more updatesHexagon Composites ASA to Report Fiscal Year 2025 Results on Apr 09, 2026Hexagon Composites ASA announced that they will report fiscal year 2025 results at 7:00 AM, Central European Standard Time on Apr 09, 2026
お知らせ • Nov 11Hexagon Composites ASA Announces Executive Changes, Effective November 11, 2025Hexagon Composites ASA announced that David Bandele, CFO of Hexagon Composites ASA, has decided to seek opportunities outside of Hexagon. David joined Hexagon in 2014 and has guided the company through different growth phases and several acquisitions, including Agility Fuel Solutions in 2019. The Board thanks David for his dedication and valuable commitment to Hexagon over the past decade. Eirik Løhre has been appointed interim CFO. Eirik joined Hexagon in 2021 and has served as EVP Corporate Development on the Executive Team. He has been essential in Hexagon's ongoing cost reduction program and strategic initiatives, including M&A and long-term portfolio alignment. Eirik brings broad experience from corporate finance and strategy, and deep knowledge of Hexagon's core markets and operations. The change is effective as of November 11, 2025 and the transition will be supported by David.
お知らせ • Sep 23Hexagon Composites ASA has withdrawn its Follow-on Equity Offering in the amount of NOK 84 million.Hexagon Composites ASA has withdrawn its Follow-on Equity Offering in the amount of NOK 84 million. Security Name: Shares Security Type: Common Stock Securities Offered: 6,000,000 Price\Range: NOK 14 Transaction Features: Rights Offering
お知らせ • Sep 18+ 2 more updatesHexagon Composites ASA has filed a Follow-on Equity Offering in the amount of NOK 84 million.Hexagon Composites ASA has filed a Follow-on Equity Offering in the amount of NOK 84 million. Security Name: Shares Security Type: Common Stock Securities Offered: 6,000,000 Price\Range: NOK 14 Transaction Features: Rights Offering
お知らせ • Apr 15Hexagon Composites ASA (OB:HEX) announces an Equity Buyback for 4,000,000 shares, for NOK 75 million.Hexagon Composites ASA (OB:HEX) announces a share repurchase program. Under the program, the company will repurchase up to 4,000,000 shares, for NOK 75 million. The purpose of the program is to fulfil the company's obligations under its incentive programs and for general corporate purposes. The program is valid till May 31, 2025. As of April 14, 2025, the company had 396,610 treasury shares.
お知らせ • Dec 20+ 5 more updatesHexagon Composites ASA, Annual General Meeting, May 05, 2025Hexagon Composites ASA, Annual General Meeting, May 05, 2025.
お知らせ • Dec 03Hexagon Composites Appoints Philipp Schramm as Chief Executive Officer, Effective 7 January 2025Hexagon Composites announced the appointment of Dr. Philipp Schramm as Chief Executive Officer, effective 7 January 2025. Schramm will succeed Jon Erik Engeset, who on 16 April 2024announced his decision to step down. Philipp is an automotive industry executive, with more than 15 years of global experience in the automotive supplier industry. He recently served as the CEO and CFO of Brose, one of the world's largest family-owned automotive parts suppliers, with approximately 32,000 employees across 24 countries and annual revenues of around EUR 8 billion. Since joining Brose in 2020 the company has grown by about 30%. Prior to his role at Brose, Philipp held several senior positions at Webasto, another leading automotive supplier. Schramm's career started with PricewaterhouseCoopers with a focus on audit, M&A, restructuring and transaction services. His customer-focused approach and deep sector knowledge have driven significant growth and value creation in his previous positions where he has successfully identified new markets, geographies, and business opportunities in dynamic and fast changing environments. Philipp holds a Ph.D. (business doctorate) and a Diploma in Business Administration from the Katholische Universitat Eichstatt-Ingolstadt, Germany, as well as the equivalent of an executive MBA from Harvard Business School.
Recent Insider Transactions • Nov 15Chief Financial Officer recently sold €253k worth of stockOn the 7th of November, David Bandele sold around 67k shares on-market at roughly €3.79 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. David has been a net seller over the last 12 months, reducing personal holdings by €343k.
Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: kr0.01 (vs kr0.79 loss in 3Q 2023)Third quarter 2024 results: EPS: kr0.01 (up from kr0.79 loss in 3Q 2023). Revenue: kr1.25b (flat on 3Q 2023). Net income: kr2.20m (up kr161.4m from 3Q 2023). Profit margin: 0.2% (up from net loss in 3Q 2023). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
Buy Or Sell Opportunity • Sep 17Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 41% to €3.53. The fair value is estimated to be €2.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company became loss making.
Buy Or Sell Opportunity • Aug 31Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to €3.45. The fair value is estimated to be €2.86, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Aug 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.0% 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 Share price has been volatile over the past 3 months (10% average weekly change). Shareholders have been diluted in the past year (4.0% increase in shares outstanding).
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: kr2.95 (vs kr0.46 in 2Q 2023)Second quarter 2024 results: EPS: kr2.95. Revenue: kr1.15b (down 16% from 2Q 2023). Net loss: kr91.8m (down 197% from profit in 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany.
Buy Or Sell Opportunity • Jun 13Now 21% undervaluedOver the last 90 days, the stock has risen 60% to €2.66. The fair value is estimated to be €3.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Jun 05Worthington Enterprises, Inc. (NYSE:WOR) completed the acquisition of Hexagon Ragasco AS from Hexagon Composites ASA (OB:HEX).Worthington Enterprises, Inc. (NYSE:WOR) signed a definitive agreement to acquire Hexagon Ragasco AS from Hexagon Composites ASA (OB:HEX) at an enterprise value of NOK 1.05 billion on May 29, 2024. In related transaction Hexagon Composites signed a definitive agreement to acquire 49% stake in Sustainable Energy Solutions business segment. Depending on the full year 2024 performance of Hexagon Ragasco, the value may be adjusted between minus NOK 50 million to plus NOK 100 million. The sale of Hexagon Ragasco is expected to close on or around June 3, 2024. DNB Markets and Danske Bank acted as financial advisors, and Schjødt and Saxinger Rechtanwalts acted as legal advisors, to Hexagon Composites on the transactions. Worthington Enterprises, Inc. (NYSE:WOR) completed the acquisition of Hexagon Ragasco AS from Hexagon Composites ASA (OB:HEX) on June 3, 2024.
お知らせ • May 30Hexagon Composites ASA (OB:HEX) acquired 49% stake in Sustainable Energy Solutions business segment of Worthington Enterprises for approximately €9.2 million.Hexagon Composites ASA (OB:HEX) acquired 49% stake in Sustainable Energy Solutions business segment of Worthington Enterprises for approximately €9.2 million on May 29, 2024. SES is a leading European supplier of high-pressure cylinders and systems for storage and distribution of compressed natural gas, hydrogen and industrial gases, and generated revenues of €127 million and adjusted EBITDA of €2.9 million in calendar year 2023. Worthington will retain 49% of the shares, while senior executives will hold the balance. DNB Markets and Danske Bank acted as financial advisors, and Schjødt and Saxinger Rechtanwalts acted as legal advisors, to Hexagon Composites on the transactions. Hexagon Composites ASA (OB:HEX) completed the acquisition of 49% stake in Sustainable Energy Solutions business segment of Worthington Enterprises on May 29, 2024.
New Risk • May 28New 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 Risks Interest payments are not well covered by earnings (1.3x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change).
New Risk • May 19New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.3x net interest cover). Minor Risk Share price has been volatile over the past 3 months (9.3% average weekly change).
Reported Earnings • May 08First quarter 2024 earnings released: kr0.79 loss per share (vs kr0.14 profit in 1Q 2023)First quarter 2024 results: kr0.79 loss per share (down from kr0.14 profit in 1Q 2023). Revenue: kr1.08b (down 4.0% from 1Q 2023). Net loss: kr157.7m (down kr188.9m from profit in 1Q 2023). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 17Hexagon Composites Announces Resignation of Jon Erik Engeset as Chief Executive OfficerHexagon Composites announced that Jon Erik Engeset will step down as Chief Executive Officer. The Company will shortly commence a search process. Engeset will continue as CEO until the position is filled, following which he will continue to support the company in an advisory role.
お知らせ • Apr 16Hexagon Composites Announces Resignation of Jon Erik Engeset as Group PresidentHexagon Composites announced that Jon Erik Engeset will step down as Group President. The Company will shortly commence a search process. Engeset will continue as CEO until the position is filled, following which he will continue to support the company in an advisory role.
Reported Earnings • Feb 16Full year 2023 earnings released: EPS: kr5.66 (vs kr1.55 loss in FY 2022)Full year 2023 results: EPS: kr5.66. Revenue: kr5.19b (up 5.5% from FY 2022). Net loss: kr816.6m (loss widened 162% from FY 2022). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Machinery industry in Germany.
お知らせ • Dec 14+ 5 more updatesHexagon Composites ASA to Report First Half, 2024 Results on Aug 15, 2024Hexagon Composites ASA announced that they will report first half, 2024 results on Aug 15, 2024
New Risk • Nov 21New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% 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 Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (8.2% average weekly change).
Reported Earnings • Nov 10Third quarter 2023 earnings releasedThird quarter 2023 results: kr0.79 loss per share. Revenue: kr1.25b (flat on 3Q 2022). Net loss: kr159.2m (loss widened 152% from 3Q 2022). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 21% per year.
Buying Opportunity • Nov 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be €2.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Oct 16Now 20% undervaluedOver the last 90 days, the stock is up 2.6%. The fair value is estimated to be €2.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Aug 26New 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 9.0% 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 Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings are forecast to decline by an average of 11% per year for the foreseeable future.
Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: kr11.20 (vs kr0.57 loss in 2Q 2022)Second quarter 2023 results: EPS: kr11.20 (up from kr0.57 loss in 2Q 2022). Revenue: kr1.37b (up 16% from 2Q 2022). Net income: kr94.8m (up kr177.0m from 2Q 2022). Profit margin: 6.9% (up from net loss in 2Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
New Risk • Jul 05New 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 6.7% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • May 12First quarter 2023 earnings released: kr0.85 loss per share (vs kr0.56 loss in 1Q 2022)First quarter 2023 results: kr0.85 loss per share (further deteriorated from kr0.56 loss in 1Q 2022). Revenue: kr1.26b (up 24% from 1Q 2022). Net loss: kr123.0m (loss widened 52% from 1Q 2022). Revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • May 05Hexagon Launches Hexagon Agility Fleetcare, an Extended Aftermarket Offering At ACT ExpoHexagon Agility is introducing an extended aftermarket offering Certified Pre-Owned (CPO) program. The CPO program will provide a thorough factory inspection using proprietary technology. It includes a re-certification of the fuel system to install on new trucks for the secondary market - or refurbish for same fleet, improving sustainability and providing lower total cost of ownership. A new Hexagon Agility FleetCare facility, strategically located near OEMs and Hexagon Agility's Salisbury, NC plant is scheduled to open in June 2023. Hexagon Agility FleetCare is the only aftermarket service solely dedicated to clean fuel fleets, assisting them in achieving higher uptime and lower cost of ownership. "Hexagon Agility's new 40,000 sq ft facility will house parts, service, and installation operations to support the expansion of Hexagon Agility FleetCare total lifecycle portfolio. The facility will serve as the East Coast warehouse location with Hexagon Agility's Genuine Parts also available at a "Will Call" counter. Natural gas fuel system refurbishment and service will also be available, and the facility will serve as a staging location for Eastern Region remote field service technicians," says Brad Garner, SVP Hexagon Agility FleetCare.
Recent Insider Transactions • Apr 09Group President & CEO recently sold €77k worth of stockOn the 5th of April, Jon Engeset sold around 27k shares on-market at roughly €2.88 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jon's only on-market trade for the last 12 months.
Breakeven Date Change • Feb 19Forecast to breakeven in 2025The 2 analysts covering Hexagon Composites expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of kr136.9m in 2025. Average annual earnings growth of 37% is required to achieve expected profit on schedule.
Reported Earnings • Feb 17Full year 2022 earnings released: kr2.12 loss per share (vs kr1.19 loss in FY 2021)Full year 2022 results: kr2.12 loss per share (further deteriorated from kr1.19 loss in FY 2021). Revenue: kr4.93b (up 39% from FY 2021). Net loss: kr311.6m (loss widened 31% from FY 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 17Hans Peter Havdal Joins Hexagon Composites ASA as Chief Operating Officer and Resigns Post as Board MemberHexagon Composites announced that Hans Peter Havdal, currently a member of the board of directors of Hexagon Composites, will be joining the company as Chief Operating Officer (COO), effective 6 March 2023. Hans Peter's appointment as COO will preclude his participation on the Hexagon Composites Board of Directors. His resignation as a member of the Board of Directors is effective immediately. Hans Peter comes from the position as General Manager, Engineering and Digital Services in Semcon International, a global consulting company. He has previously served as the CEO of Kongsberg Automotive ASA and has held several other international management positions within the automotive industry. Hans Peter holds an MSc in Mechanical Engineering from the Norwegian University of Science & Technology.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Liv Hovem was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 04Third quarter 2022 earnings released: kr0.40 loss per share (vs kr0.28 loss in 3Q 2021)Third quarter 2022 results: kr0.40 loss per share (further deteriorated from kr0.28 loss in 3Q 2021). Revenue: kr1.24b (up 42% from 3Q 2021). Net loss: kr63.2m (loss widened 69% from 3Q 2021). Revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 21+ 5 more updatesHexagon Composites ASA to Report Q4, 2023 Results on Feb 15, 2024Hexagon Composites ASA announced that they will report Q4, 2023 results on Feb 15, 2024
お知らせ • Oct 14Hexagon Composites Asa Revises Full Year Guidance 2022Hexagon Composites ASA expected revenues were stated between NOK 3.7 to 3.9 billion with downside risk, for full year 2022. Revenues for 2022, mainly secured by backlog, are expected to meet the guided target.
Reported Earnings • Aug 16Second quarter 2022 earnings released: kr0.57 loss per share (vs kr0.36 loss in 2Q 2021)Second quarter 2022 results: kr0.57 loss per share (down from kr0.36 loss in 2Q 2021). Revenue: kr1.18b (up 50% from 2Q 2021). Net loss: kr82.2m (loss widened 61% from 2Q 2021). Over the next year, revenue is forecast to grow 27%, compared to a 10% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance.
Recent Insider Transactions • Jun 12President of Hexagon Ragasco recently sold €56k worth of stockOn the 10th of June, Skjalg Stavheim sold around 18k shares on-market at roughly €3.11 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.2m more than they bought in the last 12 months.
Reported Earnings • May 15First quarter 2022 earnings released: kr0.56 loss per share (vs kr0.47 loss in 1Q 2021)First quarter 2022 results: kr0.56 loss per share (down from kr0.47 loss in 1Q 2021). Revenue: kr1.02b (up 47% from 1Q 2021). Net loss: kr81.0m (loss widened 21% from 1Q 2021). Over the next year, revenue is forecast to grow 25%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.
お知らせ • May 13Hexagon Composites Maintains Earnings Guidance for the Full Yarer 2022Hexagon Composites maintained earnings guidance for the full yarer 2022. For the year, the company maintained revenue side, that will mean greater than 15% growth with the range from NOK 3.7 billion to NOK 3.9 billion.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Liv Hovem was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 28Full year 2021 earnings released: kr1.19 loss per share (vs kr0.74 loss in FY 2020)Full year 2021 results: kr1.19 loss per share (down from kr0.74 loss in FY 2020). Revenue: kr3.54b (up 15% from FY 2020). Net loss: kr237.3m (loss widened 69% from FY 2020). Over the next year, revenue is forecast to grow 28%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.
Reported Earnings • Feb 19Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: kr1.64 loss per share (down from kr0.74 loss in FY 2020). Revenue: kr3.54b (up 15% from FY 2020). Net loss: kr240.1m (loss widened 71% from FY 2020). Revenue exceeded analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 28%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 13Second quarter 2021 earnings released: kr0.59 loss per share (vs kr0.41 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: kr788.1m (up 15% from 2Q 2020). Net loss: kr51.2m (loss narrowed 34% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 13First quarter 2021 earnings releasedThe company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: kr692.5m (down 16% from 1Q 2020). Net loss: kr93.1m (down 250% from profit in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 27Full year 2020 earnings released: kr0.74 loss per share (vs kr0.62 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: kr3.08b (down 9.8% from FY 2019). Net loss: kr140.8m (down 231% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
お知らせ • Mar 18Hexagon Composites ASA, Annual General Meeting, Apr 28, 2022Hexagon Composites ASA, Annual General Meeting, Apr 28, 2022.
お知らせ • Mar 03Hexagon Agility Receives Additional Order from Major Global Logistics Customer for CNG TrucksHexagon Agility receives additional order from major global logistics customer for CNG trucks. Hexagon Agility, a business of Hexagon Composites, signed a master services agreement in June 2020 with a global logistics customer to deliver compressed natural gas (CNG) fuel systems for medium and heavy-duty trucks. The first order received related to this customer in 2021 represents an estimated total value of USD $6.8 million (approx. NOK 58 million). As a low carbon fuel, CNG can result in reductions of greenhouse gas (GHG) emissions compared to diesel of over 20% when using conventional natural gas, or 90% or more when using renewable natural gas (RNG) produced from landfills, dairy farms and other bio sources.
Reported Earnings • Feb 20Full year 2020 earnings released: kr0.80 loss per share (vs kr0.62 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: kr3.08b (down 9.8% from FY 2019). Net loss: kr145.3m (down 235% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Feb 20Revenue misses expectationsRevenue missed analyst estimates by 7.9%. Over the next year, revenue is forecast to grow 26%, compared to a 5.0% growth forecast for the Machinery industry in Germany.
お知らせ • Feb 03Hexagon Composites ASA to Report Q4, 2020 Results on Feb 17, 2021Hexagon Composites ASA announced that they will report Q4, 2020 results at 7:00 AM, Central European Standard Time on Feb 17, 2021
Is New 90 Day High Low • Jan 07New 90-day high: €5.80The company is up 17% from its price of €4.97 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.46 per share.
Is New 90 Day High Low • Nov 30New 90-day high: €5.35The company is up 5.0% from its price of €5.09 on 01 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.21 per share.
お知らせ • Nov 18+ 5 more updatesHexagon Composites ASA to Report Q3, 2021 Results on Nov 04, 2021Hexagon Composites ASA announced that they will report Q3, 2021 results on Nov 04, 2021
お知らせ • Aug 19Hexagon Composites ASA to Transfer CNG LDV to Its G-Mobility Business – Establishing Hexagon Purus as A Pure E-Mobility BusinessHexagon Composites ASA announced the transfer of its Compressed Natural Gas Light Duty Vehicle (CNG LDV) activities from Hexagon Purus, to Hexagon’s gas-mobility (g-mobility) business. This transfer will establish Hexagon Purus as a pure e-mobility business. Post initial COVID-19 disruption, de-carbonization is high up on the global agenda and there is a strong push to limit carbon emissions. This momentum is evidenced by many government responses which have put attention firmly back on climate change, renewable energy and new green technologies. This is creating unprecedented opportunities for both g-mobility and e-mobility players. Hexagon Group’s business covers the spectrum of low carbon and no carbon mobility solutions. Its strategy focuses along three axes; g-mobility, e-mobility, and world class manufacturing. Since January 2020, the company has combined all its e-mobility activities in Hexagon Purus to develop its leading position and pursue zero-emission opportunities in the growing e-mobility market. In that reorganization, CNG LDV remained a part of the Hexagon Purus structure.