HEXAGON COMPOSITES ASA (HEX.OL) Stock Fundamental Analysis
Europe - Euronext Oslo - OSL:HEX - NO0003067902 - Common Stock
7.47 NOK
-0.27 (-3.49%)
We assign a fundamental rating of 2 out of 10 to HEX. HEX was compared to 109 industry peers in the Machinery industry. HEX has a bad profitability rating. Also its financial health evaluation is rather negative. While showing a medium growth rate, HEX is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
HEX had negative earnings in the past year.
In the past year HEX had a positive cash flow from operations.
HEX had negative earnings in 4 of the past 5 years.
In multiple years HEX reported negative operating cash flow during the last 5 years.
1.2 Ratios
With a Return On Assets value of -27.07%, HEX is not doing good in the industry: 89.91% of the companies in the same industry are doing better.
HEX has a worse Return On Equity (-61.86%) than 88.07% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.46%, HEX is doing worse than 66.06% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for HEX is significantly below the industry average of 8.95%.
The last Return On Invested Capital (3.46%) for HEX is above the 3 year average (3.14%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -27.07% | ||
| ROE | -61.86% | ||
| ROIC | 3.46% |
ROA(3y)3.62%
ROA(5y)0.99%
ROE(3y)6.4%
ROE(5y)1.43%
ROIC(3y)3.14%
ROIC(5y)N/A
1.3 Margins
HEX's Operating Margin of 4.91% is on the low side compared to the rest of the industry. HEX is outperformed by 60.55% of its industry peers.
HEX's Operating Margin has improved in the last couple of years.
HEX has a better Gross Margin (48.68%) than 63.30% of its industry peers.
HEX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.91% | ||
| PM (TTM) | N/A | ||
| GM | 48.68% |
OM growth 3YN/A
OM growth 5Y39.44%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.13%
GM growth 5Y-0.9%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HEX is destroying value.
HEX has more shares outstanding than it did 1 year ago.
The number of shares outstanding for HEX has been increased compared to 5 years ago.
Compared to 1 year ago, HEX has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.60, we must say that HEX is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.60, HEX is doing worse than 63.30% of the companies in the same industry.
HEX has a Debt/Equity ratio of 0.79. This is a neutral value indicating HEX is somewhat dependend on debt financing.
The Debt to Equity ratio of HEX (0.79) is worse than 67.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.6 |
ROIC/WACC0.36
WACC9.64%
2.3 Liquidity
HEX has a Current Ratio of 2.49. This indicates that HEX is financially healthy and has no problem in meeting its short term obligations.
With an excellent Current ratio value of 2.49, HEX belongs to the best of the industry, outperforming 85.32% of the companies in the same industry.
A Quick Ratio of 0.90 indicates that HEX may have some problems paying its short term obligations.
The Quick ratio of HEX (0.90) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.49 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 553.96% over the past year.
HEX shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 62.47% yearly.
The Revenue has been growing slightly by 5.33% in the past year.
The Revenue has been growing by 24.91% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)553.96%
EPS 3YN/A
EPS 5Y62.47%
EPS Q2Q%N/A
Revenue 1Y (TTM)5.33%
Revenue growth 3Y13.64%
Revenue growth 5Y24.91%
Sales Q2Q%-56.98%
3.2 Future
HEX is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -42.32% yearly.
HEX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.45% yearly.
EPS Next Y-87.41%
EPS Next 2Y-51.75%
EPS Next 3Y-27.61%
EPS Next 5Y-42.32%
Revenue Next Year-4.86%
Revenue Next 2Y-24.54%
Revenue Next 3Y-10.79%
Revenue Next 5Y1.45%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
HEX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year HEX is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of HEX indicates a somewhat cheap valuation: HEX is cheaper than 66.97% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 7.87 |
4.3 Compensation for Growth
HEX's earnings are expected to decrease with -27.61% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-51.75%
EPS Next 3Y-27.61%
5. Dividend
5.1 Amount
HEX does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
OSL:HEX (1/2/2026, 4:19:10 PM)
7.47
-0.27 (-3.49%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners21.85%
Inst Owner ChangeN/A
Ins Owners0.32%
Ins Owner ChangeN/A
Market Cap1.88B
Revenue(TTM)4.52B
Net Income(TTM)-1.49B
Analysts82.22
Price Target27.29 (265.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-106.9%
Min EPS beat(2)-181.8%
Max EPS beat(2)-32.01%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-13.96%
Min Revenue beat(2)-30.17%
Max Revenue beat(2)2.26%
Revenue beat(4)2
Avg Revenue beat(4)-6.66%
Min Revenue beat(4)-30.17%
Max Revenue beat(4)6.6%
Revenue beat(8)4
Avg Revenue beat(8)-2.76%
Revenue beat(12)6
Avg Revenue beat(12)-1.84%
Revenue beat(16)9
Avg Revenue beat(16)0.95%
PT rev (1m)-10.08%
PT rev (3m)-17.05%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-21.15%
EPS NY rev (3m)-21.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-31.44%
Revenue NY rev (1m)-13.72%
Revenue NY rev (3m)-27.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.43 | ||
| P/FCF | N/A | ||
| P/OCF | 12.13 | ||
| P/B | 0.78 | ||
| P/tB | 2.72 | ||
| EV/EBITDA | 7.87 |
EPS(TTM)-6.62
EYN/A
EPS(NY)-2.78
Fwd EYN/A
FCF(TTM)-0.31
FCFYN/A
OCF(TTM)0.62
OCFY8.25%
SpS17.29
BVpS9.58
TBVpS2.75
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -27.07% | ||
| ROE | -61.86% | ||
| ROCE | 4.49% | ||
| ROIC | 3.46% | ||
| ROICexc | 3.56% | ||
| ROICexgc | 5.66% | ||
| OM | 4.91% | ||
| PM (TTM) | N/A | ||
| GM | 48.68% | ||
| FCFM | N/A |
ROA(3y)3.62%
ROA(5y)0.99%
ROE(3y)6.4%
ROE(5y)1.43%
ROIC(3y)3.14%
ROIC(5y)N/A
ROICexc(3y)3.37%
ROICexc(5y)N/A
ROICexgc(3y)5.93%
ROICexgc(5y)N/A
ROCE(3y)4.07%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y30.35%
ROICexc growth 3YN/A
ROICexc growth 5Y39.62%
OM growth 3YN/A
OM growth 5Y39.44%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.13%
GM growth 5Y-0.9%
F-Score5
Asset Turnover0.79
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.79 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 3.85 | ||
| Cap/Depr | 82.55% | ||
| Cap/Sales | 5.37% | ||
| Interest Coverage | 1.54 | ||
| Cash Conversion | 31.24% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.49 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z | 1.6 |
F-Score5
WACC9.64%
ROIC/WACC0.36
Cap/Depr(3y)141.66%
Cap/Depr(5y)126.69%
Cap/Sales(3y)9.97%
Cap/Sales(5y)9.17%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)553.96%
EPS 3YN/A
EPS 5Y62.47%
EPS Q2Q%N/A
EPS Next Y-87.41%
EPS Next 2Y-51.75%
EPS Next 3Y-27.61%
EPS Next 5Y-42.32%
Revenue 1Y (TTM)5.33%
Revenue growth 3Y13.64%
Revenue growth 5Y24.91%
Sales Q2Q%-56.98%
Revenue Next Year-4.86%
Revenue Next 2Y-24.54%
Revenue Next 3Y-10.79%
Revenue Next 5Y1.45%
EBIT growth 1Y6.3%
EBIT growth 3YN/A
EBIT growth 5Y49.64%
EBIT Next Year-91.83%
EBIT Next 3Y34.69%
EBIT Next 5YN/A
FCF growth 1Y94.65%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y118.56%
OCF growth 3YN/A
OCF growth 5Y-7.73%
HEXAGON COMPOSITES ASA / HEX.OL FAQ
Can you provide the ChartMill fundamental rating for HEXAGON COMPOSITES ASA?
ChartMill assigns a fundamental rating of 2 / 10 to HEX.OL.
What is the valuation status for HEX stock?
ChartMill assigns a valuation rating of 1 / 10 to HEXAGON COMPOSITES ASA (HEX.OL). This can be considered as Overvalued.
How profitable is HEXAGON COMPOSITES ASA (HEX.OL) stock?
HEXAGON COMPOSITES ASA (HEX.OL) has a profitability rating of 2 / 10.
What is the financial health of HEXAGON COMPOSITES ASA (HEX.OL) stock?
The financial health rating of HEXAGON COMPOSITES ASA (HEX.OL) is 2 / 10.
What is the earnings growth outlook for HEXAGON COMPOSITES ASA?
The Earnings per Share (EPS) of HEXAGON COMPOSITES ASA (HEX.OL) is expected to decline by -87.41% in the next year.