HEXA

HexagonOM:HEXA B Stock Report

Market Cap

kr384.0b

7D

-2.4%

1Y

51.6%

Updated

17 Sep, 2021

Data

Company Financials +
HEXA B fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance5/6
Financial Health4/6
Dividends3/6

HEXA B Overview

Hexagon AB (publ) provides information technology solutions for geospatial and industrial applications worldwide.

Rewards

Earnings are forecast to grow 10.31% per year

Earnings grew by 37.3% over the past year

Risk Analysis

No risks detected for HEXA B from our risk checks.

Hexagon Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hexagon
Historical stock prices
Current Share Pricekr146.70
52 Week Highkr90.00
52 Week Lowkr152.20
Beta1.16
1 Month Change-0.44%
3 Month Change18.79%
1 Year Change51.64%
3 Year Change95.30%
5 Year Change176.35%
Change since IPO30,707.55%

Recent News & Updates

Sep 17
Hexagon (STO:HEXA B) Could Easily Take On More Debt

Hexagon (STO:HEXA B) Could Easily Take On More Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Jul 08
Is It Time To Consider Buying Hexagon AB (publ) (STO:HEXA B)?

Is It Time To Consider Buying Hexagon AB (publ) (STO:HEXA B)?

Let's talk about the popular Hexagon AB (publ) ( STO:HEXA B ). The company's shares saw a decent share price growth in...

Jun 19
We Think Hexagon (STO:HEXA B) Can Stay On Top Of Its Debt

We Think Hexagon (STO:HEXA B) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

HEXA BSE ElectronicSE Market
7D-2.4%0.2%-0.7%
1Y51.6%53.9%34.6%

Return vs Industry: HEXA B underperformed the Swedish Electronic industry which returned 53.9% over the past year.

Return vs Market: HEXA B exceeded the Swedish Market which returned 34.6% over the past year.

Price Volatility

Is HEXA B's price volatile compared to industry and market?
HEXA B volatility
HEXA B Beta1.16
Industry Beta1.14
Market Beta1

Stable Share Price: HEXA B is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: HEXA B's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197521,078Ola Rollénhttps://www.hexagon.com

Hexagon AB (publ) provides information technology solutions for geospatial and industrial applications 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.

Hexagon Fundamentals Summary

How do Hexagon's earnings and revenue compare to its market cap?
HEXA B fundamental statistics
Market Cap€37.67b
Earnings (TTM)€831.90m
Revenue (TTM)€4.03b

44.4x

P/E Ratio

9.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HEXA B income statement (TTM)
Revenue€4.03b
Cost of Revenue€1.45b
Gross Profit€2.58b
Expenses€1.75b
Earnings€831.90m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 28, 2021

Earnings per share (EPS)0.32
Gross Margin64.06%
Net Profit Margin20.64%
Debt/Equity Ratio35.6%

How did HEXA B perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

29%

Payout Ratio

Valuation

Is Hexagon undervalued compared to its fair value and its price relative to the market?

44.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HEXA B (SEK146.7) is trading above our estimate of fair value (SEK85.88)

Significantly Below Fair Value: HEXA B is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HEXA B is poor value based on its PE Ratio (44.4x) compared to the Swedish Electronic industry average (28.9x).

PE vs Market: HEXA B is poor value based on its PE Ratio (44.4x) compared to the Swedish market (23.9x).


Price to Earnings Growth Ratio

PEG Ratio: HEXA B is poor value based on its PEG Ratio (4.3x)


Price to Book Ratio

PB vs Industry: HEXA B is overvalued based on its PB Ratio (5.8x) compared to the SE Electronic industry average (3.8x).


Future Growth

How is Hexagon forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

10.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HEXA B's forecast earnings growth (10.3% per year) is above the savings rate (0.3%).

Earnings vs Market: HEXA B's earnings (10.3% per year) are forecast to grow faster than the Swedish market (5.6% per year).

High Growth Earnings: HEXA B's earnings are forecast to grow, but not significantly.

Revenue vs Market: HEXA B's revenue (7.3% per year) is forecast to grow faster than the Swedish market (3.8% per year).

High Growth Revenue: HEXA B's revenue (7.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HEXA B's Return on Equity is forecast to be low in 3 years time (15%).


Past Performance

How has Hexagon performed over the past 5 years?

4.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HEXA B has high quality earnings.

Growing Profit Margin: HEXA B's current net profit margins (20.6%) are higher than last year (15.9%).


Past Earnings Growth Analysis

Earnings Trend: HEXA B's earnings have grown by 4.3% per year over the past 5 years.

Accelerating Growth: HEXA B's earnings growth over the past year (37.3%) exceeds its 5-year average (4.3% per year).

Earnings vs Industry: HEXA B earnings growth over the past year (37.3%) exceeded the Electronic industry 36.3%.


Return on Equity

High ROE: HEXA B's Return on Equity (13.2%) is considered low.


Financial Health

How is Hexagon's financial position?


Financial Position Analysis

Short Term Liabilities: HEXA B's short term assets (€2.0B) do not cover its short term liabilities (€2.2B).

Long Term Liabilities: HEXA B's short term assets (€2.0B) do not cover its long term liabilities (€2.5B).


Debt to Equity History and Analysis

Debt Level: HEXA B's debt to equity ratio (35.6%) is considered satisfactory.

Reducing Debt: HEXA B's debt to equity ratio has reduced from 45.1% to 35.6% over the past 5 years.

Debt Coverage: HEXA B's debt is well covered by operating cash flow (62%).

Interest Coverage: HEXA B's interest payments on its debt are well covered by EBIT (64.4x coverage).


Balance Sheet


Dividend

What is Hexagon current dividend yield, its reliability and sustainability?

0.65%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HEXA B's dividend (0.65%) isn’t notable compared to the bottom 25% of dividend payers in the Swedish market (0.88%).

High Dividend: HEXA B's dividend (0.65%) is low compared to the top 25% of dividend payers in the Swedish market (3.5%).


Stability and Growth of Payments

Stable Dividend: HEXA B's dividend payments have been volatile in the past 10 years.

Growing Dividend: HEXA B's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (28.7%), HEXA B's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: HEXA B's dividends in 3 years are forecast to be well covered by earnings (29.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.3yrs

Average management tenure


CEO

Ola Rollén (56 yo)

21.67yrs

Tenure

€5,574,800

Compensation

Mr. Ola Rollén, B.Sc., serves as an Advisor at EQT Partners AB. Mr. Rollén has been the Chief Executive Officer and President of Hexagon AB and Leica Geosystems Technology A/S since 2000. Prior to joining...


CEO Compensation Analysis

Compensation vs Market: Ola's total compensation ($USD6.54M) is above average for companies of similar size in the Swedish market ($USD2.41M).

Compensation vs Earnings: Ola's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: HEXA B's management team is seasoned and experienced (5.3 years average tenure).


Board Members

Experienced Board: HEXA B's board of directors are considered experienced (4.3 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hexagon AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Hexagon AB (publ)
  • Ticker: HEXA B
  • Exchange: OM
  • Founded: 1975
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: kr384.009b
  • Shares outstanding: 2.57b
  • Website: https://www.hexagon.com

Number of Employees


Location

  • Hexagon AB (publ)
  • Lilla Bantorget 15
  • Stockholm
  • Stockholm County
  • 111 23
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 17:38
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.