Loading...
HEX logo

Hexagon Composites ASAOB:HEX Stock Report

Market Cap NOK 2.3b
Share Price
NOK 9.13
My Fair Value
NOK 20.75
56.0% undervalued intrinsic discount
1Y-78.3%
7D-2.6%
Portfolio Value
View

Hexagon Composites ASA

OB:HEX Stock Report

Market Cap: NOK 2.3b

Hexagon Composites (HEX) Stock Overview

Provides alternative fuel systems and solutions to commercial vehicles and gas distribution companies worldwide. More details

HEX fundamental analysis
Snowflake Score
Valuation5/6
Future Growth5/6
Past Performance0/6
Financial Health3/6
Dividends0/6

HEX Community Fair Values

Create Narrative

See what 17 others think this stock is worth. Follow their fair value or set your own to get alerts.

Hexagon Composites ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hexagon Composites
Historical stock prices
Current Share PriceNOK 9.13
52 Week HighNOK 48.80
52 Week LowNOK 8.97
Beta1.1
1 Month Change-12.88%
3 Month Change-45.65%
1 Year Change-78.29%
3 Year Change-60.13%
5 Year Change-80.89%
Change since IPO-46.29%

Recent News & Updates

Some Hexagon Composites ASA (OB:HEX) Shareholders Look For Exit As Shares Take 29% Pounding

Sep 19
Some Hexagon Composites ASA (OB:HEX) Shareholders Look For Exit As Shares Take 29% Pounding

Hexagon Composites (OB:HEX) Takes On Some Risk With Its Use Of Debt

Sep 18
Hexagon Composites (OB:HEX) Takes On Some Risk With Its Use Of Debt

Recent updates

Some Hexagon Composites ASA (OB:HEX) Shareholders Look For Exit As Shares Take 29% Pounding

Sep 19
Some Hexagon Composites ASA (OB:HEX) Shareholders Look For Exit As Shares Take 29% Pounding

Hexagon Composites (OB:HEX) Takes On Some Risk With Its Use Of Debt

Sep 18
Hexagon Composites (OB:HEX) Takes On Some Risk With Its Use Of Debt

Analysts Have Just Cut Their Hexagon Composites ASA (OB:HEX) Revenue Estimates By 24%

Aug 15
Analysts Have Just Cut Their Hexagon Composites ASA (OB:HEX) Revenue Estimates By 24%

Hexagon Composites ASA (OB:HEX) Stocks Pounded By 26% But Not Lagging Industry On Growth Or Pricing

Mar 29
Hexagon Composites ASA (OB:HEX) Stocks Pounded By 26% But Not Lagging Industry On Growth Or Pricing

Take Care Before Diving Into The Deep End On Hexagon Composites ASA (OB:HEX)

Jan 30
Take Care Before Diving Into The Deep End On Hexagon Composites ASA (OB:HEX)

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?

Shareholder Returns

HEXNO MachineryNO Market
7D-2.6%0.1%-1.6%
1Y-78.3%-18.9%5.3%

Return vs Industry: HEX underperformed the Norwegian Machinery industry which returned -18.9% over the past year.

Return vs Market: HEX underperformed the Norwegian Market which returned 5.3% over the past year.

Price Volatility

Is HEX's price volatile compared to industry and market?
HEX volatility
HEX Average Weekly Movement8.9%
Machinery Industry Average Movement5.6%
Market Average Movement4.5%
10% most volatile stocks in NO Market10.6%
10% least volatile stocks in NO Market2.6%

Stable Share Price: HEX's share price has been volatile over the past 3 months compared to the Norwegian market.

Volatility Over Time: HEX's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
19851,005Philipp Schrammwww.hexagongroup.com

Hexagon Composites ASA, together with its subsidiaries, provides alternative fuel systems and solutions to commercial vehicles and gas distribution companies worldwide. The company operates in Hexagon Agility and Hexagon Digital Wave segments. It also offers cylinder testing and monitoring technologies.

Hexagon Composites ASA Fundamentals Summary

How do Hexagon Composites's earnings and revenue compare to its market cap?
HEX fundamental statistics
Market capNOK 2.26b
Earnings (TTM)-NOK 1.49b
Revenue (TTM)NOK 4.35b
0.5x
P/S Ratio
-1.5x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HEX income statement (TTM)
RevenueNOK 4.35b
Cost of RevenueNOK 2.24b
Gross ProfitNOK 2.12b
Other ExpensesNOK 3.61b
Earnings-NOK 1.49b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Nov 06, 2025

Earnings per share (EPS)-6.02
Gross Margin48.65%
Net Profit Margin-34.27%
Debt/Equity Ratio64.6%

How did HEX perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/02 01:33
End of Day Share Price 2025/10/31 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

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 JørgensenCarnegie Investment Bank AB
Elliott Geoffrey JonesDanske Bank
null nullDanske Bank