Hexagon Purus ASA

LSE:0AC1 Stock Report

Market Cap: NOK 2.4b

Hexagon Purus Valuation

Is 0AC1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0AC1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0AC1 (NOK5.6) is trading below our estimate of fair value (NOK16.88)

Significantly Below Fair Value: 0AC1 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0AC1?

Key metric: As 0AC1 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 0AC1. This is calculated by dividing 0AC1's market cap by their current revenue.
What is 0AC1's PS Ratio?
PS Ratio1.3x
SalesNOK 1.85b
Market CapNOK 2.37b

Price to Sales Ratio vs Peers

How does 0AC1's PS Ratio compare to its peers?

The above table shows the PS ratio for 0AC1 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.2x
SOM Somero Enterprises
2xn/aUK£178.5m
MPAC Mpac Group
1.4x23.2%UK£169.9m
AVG Avingtrans
0.9x14.5%UK£122.5m
RNO Renold
0.4x5.5%UK£93.5m
0AC1 Hexagon Purus
1.3x29.1%NOK 2.4b

Price-To-Sales vs Peers: 0AC1 is expensive based on its Price-To-Sales Ratio (1.3x) compared to the peer average (1.2x).

Price to Sales Ratio vs Industry

How does 0AC1's PS Ratio compare vs other companies in the GB Machinery Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
HMSG HMS Hydraulic Machines & Systems Group
0.08x4.0%US$81.11m
HARL Harland & Wolff Group Holdings
0.2xn/aUS$19.39m
SIXH 600 Group
0.1xn/aUS$4.32m
No more companies available in this PS range
0AC1 1.3xIndustry Avg. 1.9xNo. of Companies5PS01.22.43.64.86+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0AC1 is good value based on its Price-To-Sales Ratio (1.3x) compared to the UK Machinery industry average (1.9x).

Price to Sales Ratio vs Fair Ratio

What is 0AC1's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0AC1 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.3x
Fair PS Ratio2x

Price-To-Sales vs Fair Ratio: 0AC1 is good value based on its Price-To-Sales Ratio (1.3x) compared to the estimated Fair Price-To-Sales Ratio (2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0AC1 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentNOK 5.60
NOK 8.43
+50.4%
25.7%NOK 12.00NOK 6.20n/a4
Dec ’25NOK 5.45
NOK 9.05
+66.1%
19.4%NOK 12.00NOK 7.50n/a4
Nov ’25NOK 6.91
NOK 12.00
+73.7%
11.8%NOK 13.00NOK 10.00n/a3
Oct ’25NOK 11.90
NOK 12.28
+3.2%
19.9%NOK 14.00NOK 8.10n/a4
Sep ’25NOK 10.06
NOK 10.78
+7.1%
25.5%NOK 14.00NOK 8.00n/a4
Aug ’25NOK 9.73
NOK 10.28
+5.6%
21.9%NOK 13.00NOK 8.00n/a4
Jul ’25NOK 8.00
NOK 9.75
+21.9%
26.3%NOK 13.00NOK 7.00n/a4
Jun ’25NOK 8.69
NOK 9.75
+12.2%
26.3%NOK 13.00NOK 7.00n/a4
May ’25NOK 5.08
NOK 10.40
+104.7%
35.7%NOK 15.00NOK 6.00n/a4
Apr ’25NOK 6.24
NOK 11.65
+86.7%
23.5%NOK 15.00NOK 7.60n/a4
Mar ’25NOK 7.09
NOK 12.10
+70.7%
17.4%NOK 15.00NOK 9.40n/a4
Feb ’25NOK 7.86
NOK 21.15
+169.1%
39.0%NOK 34.00NOK 13.00n/a4
Jan ’25NOK 11.12
NOK 21.15
+90.1%
39.0%NOK 34.00NOK 13.00n/a4
Dec ’24NOK 9.35
NOK 21.15
+126.3%
39.0%NOK 34.00NOK 13.00NOK 5.454
Nov ’24NOK 10.41
NOK 31.75
+205.1%
24.8%NOK 40.00NOK 19.00NOK 6.914
Oct ’24NOK 14.08
NOK 34.50
+145.0%
11.1%NOK 40.00NOK 30.00NOK 11.904
Sep ’24NOK 19.00
NOK 34.50
+81.6%
11.1%NOK 40.00NOK 30.00NOK 10.064
Aug ’24NOK 21.03
NOK 34.50
+64.1%
11.7%NOK 40.00NOK 29.00NOK 9.734
Jul ’24NOK 20.18
NOK 34.50
+70.9%
11.7%NOK 40.00NOK 29.00NOK 8.004
Jun ’24NOK 24.35
NOK 34.50
+41.7%
11.7%NOK 40.00NOK 29.00NOK 8.694
May ’24NOK 22.50
NOK 34.50
+53.3%
11.7%NOK 40.00NOK 29.00NOK 5.084
Apr ’24NOK 26.10
NOK 36.00
+37.9%
9.8%NOK 40.00NOK 32.00NOK 6.244
Mar ’24n/a
NOK 36.00
0%
9.8%NOK 40.00NOK 32.00NOK 7.094
Feb ’24n/a
NOK 30.75
0%
21.5%NOK 40.00NOK 22.00NOK 7.864
Jan ’24n/a
NOK 30.75
0%
21.5%NOK 40.00NOK 22.00NOK 11.124
Dec ’23n/a
NOK 30.75
0%
21.5%NOK 40.00NOK 22.00NOK 9.354

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 23:14
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hexagon Purus ASA is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Thomas MartinBNP Paribas Exane
Mikkel Nyholt-SmedsengCarnegie Investment Bank AB
Jørgen LandeDanske Bank