Hexagon Composites ASA, together with its subsidiaries, produces and sells composite pressure cylinders and fuel systems for mobility, industrial, and consumer applications in Norway, Europe, North America, South-East Asia, the Middle East, and internationally. More Details
Adequate balance sheet with limited growth.
Share Price & News
How has Hexagon Composites's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HEX is more volatile than 75% of Norwegian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: HEX's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
7 Day Return
1 Year Return
Return vs Industry: HEX underperformed the Norwegian Machinery industry which returned 40.8% over the past year.
Return vs Market: HEX underperformed the Norwegian Market which returned 38.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Hexagon Composites's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHere's Why Hexagon Composites ASA's (OB:HEX) CEO Compensation Is The Least Of Shareholders' Concerns
1 month ago | Simply Wall StHealth Check: How Prudently Does Hexagon Composites (OB:HEX) Use Debt?
5 months ago | Simply Wall StIs Hexagon Composites ASA's (OB:HEX) Shareholder Ownership Skewed Towards Insiders?
Is Hexagon Composites undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate HEX's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate HEX's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: HEX is unprofitable, so we can't compare its PE Ratio to the European Machinery industry average.
PE vs Market: HEX is unprofitable, so we can't compare its PE Ratio to the Norwegian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HEX's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HEX is good value based on its PB Ratio (2.3x) compared to the NO Machinery industry average (2.7x).
How is Hexagon Composites forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HEX is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: HEX is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: HEX is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: HEX's revenue (22.9% per year) is forecast to grow faster than the Norwegian market (4.6% per year).
High Growth Revenue: HEX's revenue (22.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HEX's Return on Equity is forecast to be high in 3 years time
How has Hexagon Composites performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HEX is currently unprofitable.
Growing Profit Margin: HEX is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HEX is unprofitable, and losses have increased over the past 5 years at a rate of 28.1% per year.
Accelerating Growth: Unable to compare HEX's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HEX is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-11.6%).
Return on Equity
High ROE: HEX has a negative Return on Equity (-8.61%), as it is currently unprofitable.
How is Hexagon Composites's financial position?
Financial Position Analysis
Short Term Liabilities: HEX's short term assets (NOK2.8B) exceed its short term liabilities (NOK881.2M).
Long Term Liabilities: HEX's short term assets (NOK2.8B) exceed its long term liabilities (NOK1.5B).
Debt to Equity History and Analysis
Debt Level: HEX's debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: HEX's debt to equity ratio has reduced from 34.4% to 31.4% over the past 5 years.
Debt Coverage: HEX's debt is not well covered by operating cash flow (9%).
Interest Coverage: Insufficient data to determine if HEX's interest payments on its debt are well covered by EBIT.
What is Hexagon Composites's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HEX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HEX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HEX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HEX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HEX is not paying a notable dividend for the Norwegian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HEX's dividend in 3 years as they are not forecast to pay a notable one for the Norwegian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Jon Erik Engeset has been the Chief Executive Officer and President at Hexagon Composites ASA. Mr. Engeset served as Chief Executive Officer of Saferoad AS for 11 years and served as its President. Pri...
CEO Compensation Analysis
Compensation vs Market: Jon's total compensation ($USD969.54K) is above average for companies of similar size in the Norwegian market ($USD636.88K).
Compensation vs Earnings: Jon's compensation has increased whilst the company is unprofitable.
Experienced Management: HEX's management team is considered experienced (2.3 years average tenure).
Experienced Board: HEX's board of directors are not considered experienced ( 1.1 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.3%.
Hexagon Composites ASA's company bio, employee growth, exchange listings and data sources
- Name: Hexagon Composites ASA
- Ticker: HEX
- Exchange: OB
- Founded: NaN
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: kr7.196b
- Shares outstanding: 199.89m
- Website: https://www.hexagongroup.com
Number of Employees
- Hexagon Composites ASA
- Korsegata 4B
- PO Box 836
- Møre og Romsdal
Hexagon Composites ASA, together with its subsidiaries, produces and sells composite pressure cylinders and fuel systems for mobility, industrial, and consumer applications in Norway, Europe, North America...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/15 16:20|
|End of Day Share Price||2021/05/14 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.