Hexagon AB (publ) provides information technology solutions for geospatial and industrial landscapes worldwide.
Excellent balance sheet average dividend payer.
Share Price & News
How has Hexagon's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HXGB's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HXGB exceeded the German Electronic industry which returned -27.6% over the past year.
Return vs Market: HXGB underperformed the German Market which returned -17.2% over the past year.
Price Volatility Vs. Market
How volatile is Hexagon's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Hexagon undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HXGB (€38.91) is trading below our estimate of fair value (€45.37)
Significantly Below Fair Value: HXGB is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: HXGB is poor value based on its PE Ratio (20.2x) compared to the Electronic industry average (18.2x).
PE vs Market: HXGB is poor value based on its PE Ratio (20.2x) compared to the German market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: HXGB is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: HXGB is overvalued based on its PB Ratio (2.4x) compared to the DE Electronic industry average (1.2x).
How is Hexagon forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HXGB's forecast earnings growth (10.2% per year) is above the savings rate (-0.4%).
Earnings vs Market: HXGB's earnings (10.2% per year) are forecast to grow slower than the German market (14.5% per year).
High Growth Earnings: HXGB's earnings are forecast to grow, but not significantly.
Revenue vs Market: HXGB's revenue (4.2% per year) is forecast to grow faster than the German market (4.1% per year).
High Growth Revenue: HXGB's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HXGB's Return on Equity is forecast to be low in 3 years time (13.7%).
How has Hexagon performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HXGB has high quality earnings.
Growing Profit Margin: HXGB's current net profit margins (18%) are lower than last year (19.4%).
Past Earnings Growth Analysis
Earnings Trend: HXGB's earnings have grown by 11.9% per year over the past 5 years.
Accelerating Growth: HXGB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HXGB had negative earnings growth (-3.8%) over the past year, making it difficult to compare to the Electronic industry average (-7.4%).
Return on Equity
High ROE: HXGB's Return on Equity (11.7%) is considered low.
How is Hexagon's financial position?
Financial Position Analysis
Short Term Liabilities: HXGB's short term assets (€2.1B) exceed its short term liabilities (€1.8B).
Long Term Liabilities: HXGB's short term assets (€2.1B) do not cover its long term liabilities (€2.7B).
Debt to Equity History and Analysis
Debt Level: HXGB's debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: HXGB's debt to equity ratio has reduced from 57.1% to 37.1% over the past 5 years.
Debt Coverage: HXGB's debt is well covered by operating cash flow (48.9%).
Interest Coverage: HXGB's interest payments on its debt are well covered by EBIT (33.2x coverage).
Inventory Level: HXGB has a low level of unsold assets or inventory.
Debt Coverage by Assets: HXGB's debt is not covered by short term assets (assets are 0.9x debt).
What is Hexagon's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: HXGB's dividend (1.6%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: HXGB's dividend (1.6%) is low compared to the top 25% of dividend payers in the German market (4.87%).
Stability and Growth of Payments
Stable Dividend: HXGB's dividends per share have been stable in the past 10 years.
Growing Dividend: HXGB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.2%), HXGB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HXGB's dividends in 3 years are forecast to be well covered by earnings (29.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ola Rollén (54yo)
Mr. Ola Rollén, B.Sc., serves as an Advisor at EQT Partners AB. Mr. Rollén has been the Chief Executive Officer and President of Hexagon AB and Leica Geosystems Technology A/S since 2000. Prior to joining ...
CEO Compensation Analysis
Compensation vs Market: Ola's total compensation ($USD5.56M) is about average for companies of similar size in the German market ($USD5.24M).
Compensation vs Earnings: Ola's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|CEO, President & Director||3.42yrs||€5.06m||0.078% €10.4m|
|CFO & Executive VP||7.58yrs||no data||no data|
|Chief Operating Officer||0.17yr||no data||0.0064% €858.5k|
|Chief Technology Officer||0.17yr||no data||no data|
|Chief Information Officer||3.25yrs||no data||no data|
|Investor Relations Manager||4.42yrs||no data||no data|
|General Counsel & Chief Compliance Officer||0.67yr||no data||no data|
|Chief Marketing Officer||5.25yrs||no data||no data|
|VP & President of Hexagon China||20.25yrs||no data||0.033% €4.4m|
|President of GSI||no data||no data||0.0082% €1.1m|
Experienced Management: HXGB's management team is considered experienced (4.3 years average tenure).
|CEO, President & Director||3.42yrs||€5.06m||0.078% €10.4m|
|Independent Director||2.92yrs||€56.10k||0.00082% €109.5k|
|Independent Chairman of the Board||2.92yrs||€174.00k||0.0034% €460.6k|
|Independent Director||10.25yrs||€73.10k||0.0016% €217.6k|
|Independent Director||2.92yrs||€78.90k||no data|
|Independent Director||2.92yrs||€56.10k||0.0022% €295.1k|
|Independent Director||2.92yrs||€56.10k||no data|
Experienced Board: HXGB's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HXGB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hexagon AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Hexagon AB (publ)
- Ticker: HXGB
- Exchange: DB
- Founded: 1975
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: kr146.212b
- Listing Market Cap: kr13.351b
- Shares outstanding: 367.55m
- Website: https://www.hexagon.com
Number of Employees
- Hexagon AB (publ)
- Lilla Bantorget 15
- Stockholm County
- 111 23
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HEXA B||OM (OMX Nordic Exchange Stockholm)||Yes||Series B Shares||SE||SEK||Sep 1992|
|HXGB.F||OTCPK (Pink Sheets LLC)||Yes||Series B Shares||US||USD||Sep 1992|
|0GRX||LSE (London Stock Exchange)||Yes||Series B Shares||GB||SEK||Sep 1992|
|HXGB||DB (Deutsche Boerse AG)||Yes||Series B Shares||DE||EUR||Sep 1992|
|HEXABS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Series B Shares||GB||SEK||Sep 1992|
|HEXAB N||BMV (Bolsa Mexicana de Valores)||Yes||Series B Shares||MX||MXN||Sep 1992|
|HXGB.Y||OTCPK (Pink Sheets LLC)||ADR EACH REPR 1 SHS||US||USD||Jan 2012|
|HXGC||DB (Deutsche Boerse AG)||ADR EACH REPR 1 SHS||DE||EUR||Jan 2012|
Hexagon AB (publ) provides information technology solutions for geospatial and industrial landscapes worldwide. The company operates through two segments, Industrial Enterprise Solutions (IES) and Geospatial Enterprise Solutions (GIS). The IES segment offers metrology systems that incorporate the in sensor technology for measurements, as well as computer-aided design, computer-aided manufacturing, and computer-aided engineering software. Its solutions include coordinate measuring machines, optical and portable scanners, industrial metrology software, and life cycle engineering software solutions. This segment’s solutions are used in electronics and manufacturing, power and energy, automotive, aerospace and defense, and other industries. The GIS segment offers sensors for capturing data from land and air, as well as for positioning through satellites; and GIS software for the creation of 3D maps and models, which are used for decision-making in a range of software applications covering areas, such as surveying, construction, public safety, and agriculture. Its solutions comprise laser scanner, airborne camera, unmanned aerial vehicle, mobile mapping technology, and precise positioning solutions. This segment’s solutions are used in surveying, infrastructure and construction, natural resources, public safety, aerospace and defense, and other industries. The company was formerly known as Eken Industri & Handel AB and changed its name to Hexagon AB (publ) in 1993. Hexagon AB (publ) was founded in 1975 and is headquartered in Stockholm, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/03 01:29|
|End of Day Share Price||2020/04/02 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.