Hexagon
Hexagon AB (publ) provides information technology solutions for geospatial and industrial landscapes worldwide. The last earnings update was 31 days ago. More info.
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HEXA B Share Price and Events
7 Day Returns
1 Year Returns
HEXA B Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Hexagon (HEXA B) | 3.1% | 7.6% | 16.2% | 0.8% | 56% | 148.3% |
| SE Electronic | 1.8% | 5.1% | 18% | 3.5% | 24.3% | 121.4% |
| SE Market | 0.5% | 2.8% | 10.8% | 5% | 12.4% | 25.2% |
1 Year Return vs Industry and Market
- HEXA B underperformed the Electronic industry which returned 3.5% over the past year.
- HEXA B underperformed the Market in Sweden which returned 5% over the past year.
Value
Is Hexagon undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Hexagon
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Hexagon.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 13 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 7.1% |
| Perpetual Growth Rate | 10-Year SE Government Bond Rate | 0.4% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year SE Govt Bond Rate | 0.4% |
| Equity Risk Premium | S&P Global | 6% |
| Electronic Unlevered Beta | Simply Wall St/ S&P Global | 1.07 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.067 (1 + (1- 22%) (13.07%)) |
1.118 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.12 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.43% + (1.118 * 5.96%) |
7.1% |
Discounted Cash Flow Calculation for OM:HEXA B using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Hexagon is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (EUR, Millions) | Source |
Present Value Discounted (@ 7.1%) |
|
|---|---|---|---|
| 2019 | 732.63 | Analyst x8 | 684.08 |
| 2020 | 826.10 | Analyst x8 | 720.25 |
| 2021 | 935.92 | Analyst x6 | 761.93 |
| 2022 | 1,018.85 | Est @ 8.86% | 774.49 |
| 2023 | 1,083.38 | Est @ 6.33% | 768.98 |
| 2024 | 1,132.82 | Est @ 4.56% | 750.80 |
| 2025 | 1,170.49 | Est @ 3.32% | 724.36 |
| 2026 | 1,199.25 | Est @ 2.46% | 692.99 |
| 2027 | 1,221.45 | Est @ 1.85% | 659.04 |
| 2028 | 1,238.86 | Est @ 1.43% | 624.15 |
| Present value of next 10 years cash flows | €7,161.08 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= €1,238.86 × (1 + 0.43%) ÷ (7.1% – 0.43%) |
€18,677.52 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= €18,677.52 ÷ (1 + 7.1%)10 |
€9,409.93 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= €7,161.08 + €9,409.93 |
€16,571.01 |
| Equity Value per Share (EUR) |
= Total value / Shares Outstanding
= €16,571.01 / 362.96 |
€45.66 |
| Calculation | Result | |
|---|---|---|
| Exchange Rate | EUR/SEK
(Reporting currency to currency of OM:HEXA B) |
10.459 |
| Value per Share (SEK) |
= Value per Share in EUR x Exchange Rate (EUR/SEK)
= €45.66 x 10.459 |
SEK477.52 |
| Value per share (SEK) | From above. | SEK477.52 |
| Current discount | Discount to share price of
SEK519.40
= -1 x (SEK519.40 - SEK477.52) / SEK477.52 |
-8.8% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Hexagon is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Hexagon's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Hexagon's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in EUR | €2.02 |
| OM:HEXA B Share Price ** | OM (2019-04-18) in SEK | SEK519.4 |
| OM:HEXA B Share Price converted to EUR reporting currency | Exchange rate (SEK/ EUR) 0.096 | €49.66 |
| Sweden Electronic Industry PE Ratio | Median Figure of 17 Publicly-Listed Electronic Companies | 21.57x |
| Sweden Market PE Ratio | Median Figure of 323 Publicly-Listed Companies | 16.95x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Hexagon.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = OM:HEXA B Share Price ÷ EPS (both in EUR) = 49.66 ÷ 2.02 |
24.55x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hexagon is overvalued based on earnings compared to the SE Electronic industry average.
- Hexagon is overvalued based on earnings compared to the Sweden market.
Price based on expected Growth
Does
Hexagon's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 24.55x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts |
8.6%per year |
| Sweden Electronic Industry PEG Ratio | Median Figure of 14 Publicly-Listed Electronic Companies | 1.4x |
| Sweden Market PEG Ratio | Median Figure of 234 Publicly-Listed Companies | 1.33x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 24.55x ÷ 8.6% |
2.84x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hexagon is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Hexagon's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in EUR | €14.62 |
| OM:HEXA B Share Price * | OM (2019-04-18) in SEK | SEK519.4 |
| OM:HEXA B Share Price converted to EUR reporting currency | Exchange rate (SEK/ EUR) 0.096 | €49.66 |
| Sweden Electronic Industry PB Ratio | Median Figure of 33 Publicly-Listed Electronic Companies | 2.48x |
| Sweden Market PB Ratio | Median Figure of 565 Publicly-Listed Companies | 2.5x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = OM:HEXA B Share Price ÷ Book Value per Share (both in EUR) = 49.66 ÷ 14.62 |
3.4x |
* Primary Listing of Hexagon.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hexagon is overvalued based on assets compared to the SE Electronic industry average.
Value checks
We assess Hexagon's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check) Hexagon has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
How is Hexagon expected to perform in the next 1 to 3 years based on estimates from 13 analysts?
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Hexagon's earnings growth is expected to exceed the low risk savings rate of 0.4%.
Growth vs Market Checks
- Hexagon's earnings growth is positive but not above the Sweden market average.
- Hexagon's revenue growth is expected to exceed the Sweden market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| OM:HEXA B Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts | 8.6% |
| OM:HEXA B Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts | 6.2% |
| Sweden Electronic Industry Earnings Growth Rate | Market Cap Weighted Average | 11.1% |
| Sweden Electronic Industry Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
| Sweden Market Earnings Growth Rate | Market Cap Weighted Average | 9.1% |
| Sweden Market Revenue Growth Rate | Market Cap Weighted Average | 4.6% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 13 Analyst Estimates (S&P Global) | See Below |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 4,537 | 1,269 | 948 | 9 |
| 2020-12-31 | 4,294 | 1,163 | 876 | 13 |
| 2019-12-31 | 4,069 | 1,087 | 806 | 13 |
| Date (Data in EUR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 3,761 | 952 | 730 |
| 2018-09-30 | 3,673 | 819 | 777 |
| 2018-06-30 | 3,578 | 879 | 753 |
| 2018-03-31 | 3,504 | 840 | 727 |
| 2017-12-31 | 3,448 | 879 | 664 |
| 2017-09-30 | 3,343 | 897 | 567 |
| 2017-06-30 | 3,272 | 854 | 553 |
| 2017-03-31 | 3,204 | 823 | 545 |
| 2016-12-31 | 3,149 | 774 | 573 |
| 2016-09-30 | 3,115 | 755 | 565 |
| 2016-06-30 | 3,078 | 775 | 553 |
| 2016-03-31 | 3,063 | 747 | 542 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 13 Analyst Estimates (S&P Global) | See Below |
All data from Hexagon Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 2.64 | 2.72 | 2.54 | 7.00 |
| 2020-12-31 | 2.42 | 2.56 | 2.30 | 10.00 |
| 2019-12-31 | 2.22 | 2.29 | 2.14 | 10.00 |
| Date (Data in EUR Millions) | EPS * |
|---|---|
| 2018-12-31 | 2.02 |
| 2018-09-30 | 2.15 |
| 2018-06-30 | 2.09 |
| 2018-03-31 | 2.02 |
| 2017-12-31 | 1.84 |
| 2017-09-30 | 1.57 |
| 2017-06-30 | 1.53 |
| 2017-03-31 | 1.51 |
| 2016-12-31 | 1.59 |
| 2016-09-30 | 1.57 |
| 2016-06-30 | 1.54 |
| 2016-03-31 | 1.50 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Hexagon's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Sweden market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Sweden market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Hexagon has a total score of 2/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Hexagon performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Hexagon's year on year earnings growth rate has been positive over the past 5 years.
- Hexagon's 1-year earnings growth is less than its 5-year average (9.9% vs 15.7%)
- Hexagon's earnings growth has not exceeded the SE Electronic industry average in the past year (9.9% vs 19%).
Earnings and Revenue History
All data from Hexagon Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in EUR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 3,760.70 | 730.00 | 1,011.60 | 405.30 |
| 2018-09-30 | 3,672.90 | 776.70 | 966.20 | 383.70 |
| 2018-06-30 | 3,577.60 | 753.30 | 939.10 | 368.30 |
| 2018-03-31 | 3,503.90 | 726.50 | 921.20 | 357.60 |
| 2017-12-31 | 3,448.10 | 664.10 | 934.20 | 373.10 |
| 2017-09-30 | 3,342.70 | 567.30 | 934.00 | 378.10 |
| 2017-06-30 | 3,271.60 | 552.60 | 907.80 | 373.20 |
| 2017-03-31 | 3,204.20 | 545.10 | 886.80 | 362.50 |
| 2016-12-31 | 3,149.20 | 573.30 | 848.20 | 333.10 |
| 2016-09-30 | 3,115.40 | 564.80 | 830.90 | 321.10 |
| 2016-06-30 | 3,078.00 | 553.20 | 831.00 | 307.30 |
| 2016-03-31 | 3,062.90 | 541.70 | 826.90 | 302.50 |
| 2015-12-31 | 3,043.80 | 499.90 | 845.30 | 309.70 |
| 2015-09-30 | 2,971.50 | 477.30 | 831.80 | 283.70 |
| 2015-06-30 | 2,877.80 | 438.80 | 811.00 | 289.50 |
| 2015-03-31 | 2,732.70 | 408.30 | 767.90 | 268.20 |
| 2014-12-31 | 2,622.40 | 402.80 | 698.00 | 251.60 |
| 2014-09-30 | 2,510.70 | 374.90 | 510.90 | 422.90 |
| 2014-06-30 | 2,438.70 | 361.00 | 528.10 | 345.20 |
| 2014-03-31 | 2,438.20 | 355.50 | 580.00 | 288.10 |
| 2013-12-31 | 2,429.70 | 367.90 | 632.70 | 217.40 |
| 2013-09-30 | 2,427.00 | 362.00 | 626.50 | 210.10 |
| 2013-06-30 | 2,428.50 | 369.50 | 632.60 | 210.10 |
| 2013-03-31 | 2,400.50 | 361.40 | 619.20 | 210.10 |
| 2012-12-31 | 2,380.00 | 348.20 | 613.20 | 210.10 |
| 2012-09-30 | 2,342.60 | 334.40 | 612.50 | 180.20 |
| 2012-06-30 | 2,285.70 | 318.30 | 582.30 | 180.20 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Hexagon has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Hexagon used its assets less efficiently than the SE Electronic industry average last year based on Return on Assets.
- Hexagon has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Hexagon's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Hexagon has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Hexagon's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Hexagon's finances.
The net worth of a company is the difference between its assets and liabilities.
- Hexagon is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Hexagon's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Hexagon Company Filings, last reported 3 months ago.
| Date (Data in EUR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 5,319.20 | 2,355.70 | 394.60 |
| 2018-09-30 | 5,106.50 | 2,582.70 | 457.20 |
| 2018-06-30 | 4,853.10 | 2,356.30 | 391.10 |
| 2018-03-31 | 4,664.40 | 2,231.10 | 317.30 |
| 2017-12-31 | 4,604.40 | 2,262.00 | 309.40 |
| 2017-09-30 | 4,407.30 | 2,373.10 | 325.70 |
| 2017-06-30 | 4,368.70 | 2,465.40 | 313.10 |
| 2017-03-31 | 4,659.80 | 1,580.80 | 282.70 |
| 2016-12-31 | 4,590.80 | 1,716.80 | 284.00 |
| 2016-09-30 | 4,221.00 | 1,825.00 | 204.80 |
| 2016-06-30 | 4,123.80 | 1,859.00 | 191.50 |
| 2016-03-31 | 4,054.90 | 1,821.70 | 202.30 |
| 2015-12-31 | 4,102.30 | 1,843.70 | 225.50 |
| 2015-09-30 | 3,886.70 | 1,888.20 | 221.50 |
| 2015-06-30 | 3,820.30 | 2,049.00 | 241.10 |
| 2015-03-31 | 3,918.20 | 1,971.40 | 247.80 |
| 2014-12-31 | 3,470.20 | 2,030.90 | 228.60 |
| 2014-09-30 | 3,278.90 | 2,125.40 | 194.00 |
| 2014-06-30 | 2,972.80 | 1,724.90 | 165.80 |
| 2014-03-31 | 2,932.50 | 1,666.00 | 177.30 |
| 2013-12-31 | 2,846.30 | 1,602.00 | 176.00 |
| 2013-09-30 | 2,836.40 | 1,610.90 | 163.90 |
| 2013-06-30 | 2,810.50 | 1,737.00 | 184.00 |
| 2013-03-31 | 2,894.90 | 1,678.80 | 136.40 |
| 2012-12-31 | 2,749.10 | 1,691.40 | 130.70 |
| 2012-09-30 | 2,737.00 | 1,752.40 | 118.80 |
| 2012-06-30 | 2,702.80 | 1,827.70 | 110.60 |
- Hexagon's level of debt (44.3%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (56.3% vs 44.3% today).
- Debt is well covered by operating cash flow (40.4%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 82.3x coverage).
Financial health checks
We assess Hexagon's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Hexagon has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Hexagon's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
SEK2,000 of
Hexagon
shares you are expected to receive
SEK24
in your first year as a dividend.
Dividend Amount
- Hexagon's pays a lower dividend yield than the bottom 25% of dividend payers in Sweden (1.86%).
- Hexagon's dividend is below the markets top 25% of dividend payers in Sweden (4.3%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 13 Analyst Estimates (S&P Global) | See Below |
| Sweden Electronic Industry Average Dividend Yield | Market Cap Weighted Average of 15 Stocks | 1.2% |
| Sweden Market Average Dividend Yield | Market Cap Weighted Average of 245 Stocks | 3.5% |
| Sweden Minimum Threshold Dividend Yield | 10th Percentile | 1.2% |
| Sweden Bottom 25% Dividend Yield | 25th Percentile | 1.9% |
| Sweden Top 25% Dividend Yield | 75th Percentile | 4.3% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in €) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-12-31 | 0.78 | 8.00 |
| 2020-12-31 | 0.71 | 12.00 |
| 2019-12-31 | 0.65 | 12.00 |
| Date (Data in €) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-02-28 | 0.590 | 1.260 |
| 2018-03-26 | 0.530 | 1.146 |
| 2017-03-27 | 0.480 | 1.134 |
| 2016-04-04 | 0.430 | 1.217 |
| 2015-02-06 | 0.350 | 1.117 |
| 2014-02-11 | 0.310 | 1.258 |
| 2013-04-04 | 0.280 | 1.256 |
| 2012-04-03 | 0.170 | 1.005 |
| 2011-03-25 | 0.150 | 1.190 |
| 2011-02-09 | 0.155 | 1.007 |
| 2010-04-07 | 0.122 | 0.963 |
| 2010-02-04 | 0.118 | 1.187 |
| 2009-05-06 | 0.045 | 0.615 |
| 2009-04-20 | 0.210 | 3.914 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Hexagon is not paying a notable dividend for Sweden, therefore no need to check if the payments are stable.
- Hexagon is not paying a notable dividend for Sweden, therefore no need to check if the payments are increasing.
Income/ dividend checks
We assess Hexagon's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Hexagon afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Hexagon has a total score of 1/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | €5,063,200 |
| AGE | 53 |
| TENURE AS CEO | 2.4 years |
CEO Bio
Mr. Ola Rollén serves as Industrial Advisor at EQT Partners AB. Mr. Rollén has been the Chief Executive Officer and President of Hexagon AB since 2000. He serves as Chief Executive Officer at Intergraph Corporation. He serves as Strategic Advisor at NEXT Biometrics Group ASA. He serves as Chairman at Leica Geosystems AG. He serves as Member of Investment Advisory Committee at EQT Mid-Market GP BV. He serves as Chairman at Leica Geosystems Holdings AG. He previously served as Former Deputy Chairman at VBG Group AB (publ). He previously served as Former Independent Director, Chief Executive Officer of Group and President of Group at Hexpol AB (Publ). He has been a Director of Hexagon AB since 2000. He previously served as Former Director at Vestas Wind Systems A/S.
CEO Compensation
- Ola's compensation has increased by more than 20% in the past year.
- Ola's remuneration is higher than average for companies of similar size in Sweden.
Management Team Tenure
Average tenure and age of the Hexagon management team in years:
- The tenure for the Hexagon management team is about average.
Management Team
Ola Rollén
CEO, President & Director
€5M
53
2.4 yrs
Robert Belkic
CFO & Executive VP
48
6.6 yrs
Claudio Simão
CTO & President of Innovation Hub
61
3.4 yrs
Robert Ashe
Chief Information Officer
2.3 yrs
Maria Luthström
Investor Relations Manager
3.4 yrs
Johnny Andersson
General Counsel
53
8.3 yrs
Kristin Christensen
Chief Marketing Officer
47
4.3 yrs
Ed Porter
Chief Human Resources Officer
59
4.3 yrs
Andrea Meyer
Head of Tax
Charlotte Anderberg
Head of Group Financial Reporting
3.4 yrs
Board of Directors Tenure
Average tenure and age of the Hexagon board of directors in years:
- The average tenure for the Hexagon board of directors is less than 3 years, this suggests a new board.
Board of Directors
Gun Nilsson
Chairman of the Board
€174K
63
1.9 yrs
Ola Rollén
CEO, President & Director
€5M
53
19.3 yrs
Ulrika Francke
Independent Director
€73K
62
9.3 yrs
John Brandon
Director
€56K
62
1.9 yrs
Henrik Henriksson
Director
€56K
48
1.9 yrs
Sofia Högberg
Director
€79K
40
1.9 yrs
Märta Andreen
Director
€56K
34
1.9 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (SEK) | Value (SEK) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 12. Mar 19 | Sell | Melker Schorling Tjanste AB | Company | 07. Mar 19 | 12. Mar 19 | -3,722,179 | SEK471.57 | SEK-1,729,553,832 | ||
| 09. Aug 18 | Sell | Ola Rollén | Individual | 06. Aug 18 | 08. Aug 18 | -586,500 | SEK538.60 | SEK-315,082,007 | ||
Management checks
We assess Hexagon's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Hexagon has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Should You Be Worried About Insider Transactions At Hexagon AB (publ) (STO:HEXA B)?
So we'll take a look at whether insiders have been buying or selling shares in Hexagon AB (publ) (STO:HEXA B). … That means that an insider was selling shares at around the current price of kr509. … While we don't usually like to see insider selling, it's more concerning if the sales take price at a lower price.
Simply Wall St - – Full articleRead This Before Buying Hexagon AB (publ) (STO:HEXA B) For Its Dividend
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. … Historically, Hexagon AB (publ) (STO:HEXA B) has paid dividends to shareholders, and these days it yields 1.2%. … Does Hexagon tick all the boxes of a great dividend stock?
Simply Wall St - – Full articleA Spotlight On Hexagon AB (publ)'s (STO:HEXA B) Fundamentals
As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook. … that has been able to sustain great financial health over the past
Simply Wall St - – Full articleWhy Hexagon AB (publ)’s (STO:HEXA B) Use Of Investor Capital Doesn’t Look Great
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.
Simply Wall St - – Full articleWhat Are Analysts Saying About The Future Of Hexagon AB (publ)'s (STO:HEXA B)?
The latest earnings update Hexagon AB (publ) (STO:HEXA B) released in December 2018a … suggested
Simply Wall St - – Full articleHexagon AB (publ) (STO:HEXA B): Time For A Financial Health Check
Hexagon AB (publ) (STO:HEXA B), a large-cap worth kr177b, comes to mind for investors seeking a strong and reliable stock investment. … I will provide an overview of Hexagon’s financial liquidity and leverage to give you an idea of Hexagon’s position to take advantage of potential acquisitions or comfortably endure future downturns. … Note that this information is centred entirely on financial health and is a high-level overview, so I encourage you to look further
Simply Wall St - – Full articleCompany Info
Description
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.
Details
| Name: | Hexagon AB (publ) |
| HEXA B | |
| Exchange: | OM |
| Founded: | 1975 |
| SEK188,521,419,844 | |
| 362,959,992 | |
| Website: | http://www.hexagon.com |
| Address: |
Hexagon AB (publ) Lilla Bantorget 15, Stockholm, Stockholm County, 111 23, Sweden |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| OM | HEXA B | Series B Shares | OMX Nordic Exchange Stockholm | SE | SEK | 15. Sep 1992 | |
| OTCPK | HXGB.F | Series B Shares | Pink Sheets LLC | US | USD | 15. Sep 1992 | |
| DB | HXGB | Series B Shares | Deutsche Boerse AG | DE | EUR | 15. Sep 1992 | |
| LSE | 0GRX | Series B Shares | London Stock Exchange | GB | SEK | 15. Sep 1992 | |
| BATS-CHIXE | HEXABS | Series B Shares | BATS 'Chi-X Europe' | GB | SEK | 15. Sep 1992 | |
| OTCPK | HXGB.Y | ADR EACH REPR 1 SHS | Pink Sheets LLC | US | USD | 06. Jan 2012 | |
| DB | HXGC | ADR EACH REPR 1 SHS | Deutsche Boerse AG | DE | EUR | 06. Jan 2012 |
Number of employees
Current staff
Industry
| Electronic Equipment and Instruments | |
| Tech |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/18 21:15 |
| End of day share price update: | 2019/04/18 00:00 |
| Last estimates confirmation: | 2019/04/12 |
| Last earnings filing: | 2019/03/18 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
