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Hexagon Composites OB:HEX Stock Report

Last Price

NOK 43.50

Market Cap

NOK 9.1b

7D

-5.5%

1Y

62.8%

Updated

22 Dec, 2024

Data

Company Financials +

HEX Stock Overview

Engages in the manufacture and sale of composite pressure cylinders and fuel systems for alternative fuels worldwide. More details

HEX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Hexagon Composites ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hexagon Composites
Historical stock prices
Current Share PriceNOK 43.50
52 Week HighNOK 48.80
52 Week LowNOK 16.30
Beta1.4
1 Month Change-4.81%
3 Month Change0.12%
1 Year Change62.80%
3 Year Change30.63%
5 Year Change16.31%
Change since IPO155.88%

Recent News & Updates

Recent updates

There's Reason For Concern Over Hexagon Composites ASA's (OB:HEX) Massive 29% Price Jump

Aug 20
There's Reason For Concern Over Hexagon Composites ASA's (OB:HEX) Massive 29% Price Jump

Hexagon Composites (OB:HEX) Has A Somewhat Strained Balance Sheet

Aug 17
Hexagon Composites (OB:HEX) Has A Somewhat Strained Balance Sheet

When Should You Buy Hexagon Composites ASA (OB:HEX)?

Jul 19
When Should You Buy Hexagon Composites ASA (OB:HEX)?

Are Investors Undervaluing Hexagon Composites ASA (OB:HEX) By 37%?

May 29
Are Investors Undervaluing Hexagon Composites ASA (OB:HEX) By 37%?

Hexagon Composites ASA's (OB:HEX) Shares May Have Run Too Fast Too Soon

May 08
Hexagon Composites ASA's (OB:HEX) Shares May Have Run Too Fast Too Soon

Is Hexagon Composites (OB:HEX) A Risky Investment?

Mar 07
Is Hexagon Composites (OB:HEX) A Risky Investment?

Hexagon Composites ASA's (OB:HEX) Share Price Could Signal Some Risk

Jan 03
Hexagon Composites ASA's (OB:HEX) Share Price Could Signal Some Risk

A Look At The Intrinsic Value Of Hexagon Composites ASA (OB:HEX)

Sep 19
A Look At The Intrinsic Value Of Hexagon Composites ASA (OB:HEX)

Hexagon Composites (OB:HEX) Is Carrying A Fair Bit Of Debt

Aug 20
Hexagon Composites (OB:HEX) Is Carrying A Fair Bit Of Debt

Hexagon Composites (OB:HEX) Is Making Moderate Use Of Debt

May 09
Hexagon Composites (OB:HEX) Is Making Moderate Use Of Debt

Hexagon Composites ASA (OB:HEX) Analysts Are Pretty Bullish On The Stock After Recent Results

Feb 19
Hexagon Composites ASA (OB:HEX) Analysts Are Pretty Bullish On The Stock After Recent Results

Is Hexagon Composites (OB:HEX) Using Too Much Debt?

Feb 06
Is Hexagon Composites (OB:HEX) Using Too Much Debt?

Is Hexagon Composites (OB:HEX) Using Too Much Debt?

Sep 24
Is Hexagon Composites (OB:HEX) Using Too Much Debt?

Does Hexagon Composites (OB:HEX) Have A Healthy Balance Sheet?

Jun 12
Does Hexagon Composites (OB:HEX) Have A Healthy Balance Sheet?

Here's Why Hexagon Composites (OB:HEX) Can Afford Some Debt

Feb 18
Here's Why Hexagon Composites (OB:HEX) Can Afford Some Debt

Hexagon Composites (OB:HEX) Has Debt But No Earnings; Should You Worry?

Oct 26
Hexagon Composites (OB:HEX) Has Debt But No Earnings; Should You Worry?

Does Hexagon Composites (OB:HEX) Have A Healthy Balance Sheet?

Jul 11
Does Hexagon Composites (OB:HEX) Have A Healthy Balance Sheet?

Here's Why Hexagon Composites ASA's (OB:HEX) CEO Compensation Is The Least Of Shareholders' Concerns

Apr 21
Here's Why Hexagon Composites ASA's (OB:HEX) CEO Compensation Is The Least Of Shareholders' Concerns

Shareholder Returns

HEXNO MachineryNO Market
7D-5.5%-3.6%-2.8%
1Y62.8%-14.6%-0.8%

Return vs Industry: HEX exceeded the Norwegian Machinery industry which returned -14.6% over the past year.

Return vs Market: HEX exceeded the Norwegian Market which returned -0.8% over the past year.

Price Volatility

Is HEX's price volatile compared to industry and market?
HEX volatility
HEX Average Weekly Movement6.9%
Machinery Industry Average Movement6.6%
Market Average Movement5.0%
10% most volatile stocks in NO Market10.9%
10% least volatile stocks in NO Market2.6%

Stable Share Price: HEX has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: HEX's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19851,153Jon Engesetwww.hexagongroup.com

Hexagon Composites ASA, together with its subsidiaries, engages in the manufacture and sale of composite pressure cylinders and fuel systems for alternative fuels worldwide. The company operates through Hexagon Agility, Hexagon Ragasco, and Hexagon Digital Wave segments. The Hexagon Agility segment provides clean fuel solutions for commercial vehicles, passenger vehicles, and gaseous energy transportation; and gas distribution solutions.

Hexagon Composites ASA Fundamentals Summary

How do Hexagon Composites's earnings and revenue compare to its market cap?
HEX fundamental statistics
Market capNOK 9.12b
Earnings (TTM)-NOK 1.01b
Revenue (TTM)NOK 5.27b

1.7x

P/S Ratio

-9.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HEX income statement (TTM)
RevenueNOK 5.27b
Cost of RevenueNOK 2.67b
Gross ProfitNOK 2.60b
Other ExpensesNOK 3.61b
Earnings-NOK 1.01b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 13, 2025

Earnings per share (EPS)-4.81
Gross Margin49.31%
Net Profit Margin-19.10%
Debt/Equity Ratio26.8%

How did HEX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:41
End of Day Share Price 2024/12/20 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 Composites ASA is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fabian JorgensenCarnegie Investment Bank AB
Elliott Geoffrey JonesDanske Bank
null nullDanske Bank