HEXAGON COMPOSITES ASA (HEX.OL) Stock Fundamental Analysis

OSL:HEX • NO0003067902

7.94 NOK
-0.14 (-1.73%)
Last: Mar 3, 2026, 01:02 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

2

HEX gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 107 industry peers in the Machinery industry. HEX has a bad profitability rating. Also its financial health evaluation is rather negative. HEX has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

2

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.
  • In the past 5 years HEX reported 4 times negative net income.
  • The reported operating cash flow has been mixed in the past 5 years: HEX reported negative operating cash flow in multiple years.
HEX.OL Yearly Net Income VS EBIT VS OCF VS FCFHEX.OL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B -1B

1.2 Ratios

  • HEX has a worse Return On Assets (-33.58%) than 90.65% of its industry peers.
  • HEX has a Return On Equity of -64.99%. This is amonst the worse of the industry: HEX underperforms 87.85% of its industry peers.
Industry RankSector Rank
ROA -33.58%
ROE -64.99%
ROIC N/A
ROA(3y)3.62%
ROA(5y)0.99%
ROE(3y)6.4%
ROE(5y)1.43%
ROIC(3y)N/A
ROIC(5y)N/A
HEX.OL Yearly ROA, ROE, ROICHEX.OL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 30

1.3 Margins

  • In the last couple of years the Operating Margin of HEX has grown nicely.
  • HEX's Gross Margin of 48.59% is fine compared to the rest of the industry. HEX outperforms 67.29% of its industry peers.
  • HEX's Gross Margin has been stable in the last couple of years.
  • The Profit Margin and Operating Margin are not available for HEX so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 48.59%
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%
HEX.OL Yearly Profit, Operating, Gross MarginsHEX.OL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • HEX does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • HEX has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
HEX.OL Yearly Shares OutstandingHEX.OL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
HEX.OL Yearly Total Debt VS Total AssetsHEX.OL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

  • HEX has an Altman-Z score of 1.49. This is a bad value and indicates that HEX is not financially healthy and even has some risk of bankruptcy.
  • HEX has a worse Altman-Z score (1.49) than 61.68% of its industry peers.
  • A Debt/Equity ratio of 0.57 indicates that HEX is somewhat dependend on debt financing.
  • HEX has a Debt to Equity ratio (0.57) which is in line with its industry peers.
Industry RankSector Rank
Debt/Equity 0.57
Debt/FCF N/A
Altman-Z 1.49
ROIC/WACCN/A
WACC9.73%
HEX.OL Yearly LT Debt VS Equity VS FCFHEX.OL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B 3B

2.3 Liquidity

  • A Current Ratio of 2.94 indicates that HEX has no problem at all paying its short term obligations.
  • HEX's Current ratio of 2.94 is amongst the best of the industry. HEX outperforms 88.78% of its industry peers.
  • HEX has a Quick Ratio of 2.94. This is a bad value and indicates that HEX is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.90, HEX perfoms like the industry average, outperforming 44.86% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.94
Quick Ratio 0.9
HEX.OL Yearly Current Assets VS Current LiabilitesHEX.OL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

EPS 1Y (TTM)N/A
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%80.53%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-45.76%

3.2 Future

  • Based on estimates for the next years, HEX will show a very strong growth in Earnings Per Share. The EPS will grow by 50.05% on average per year.
  • HEX is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 29.65% yearly.
EPS Next Y82.23%
EPS Next 2Y50.05%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year11.01%
Revenue Next 2Y27.36%
Revenue Next 3Y29.65%
Revenue Next 5YN/A

3.3 Evolution

HEX.OL Yearly Revenue VS EstimatesHEX.OL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B
HEX.OL Yearly EPS VS EstimatesHEX.OL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 2 -2 4 -4 6 8

More info and screens

Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for HEX. In the last year negative earnings were reported.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for HEX. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
HEX.OL Price Earnings VS Forward Price EarningsHEX.OL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20 30

4.2 Price Multiples

  • HEX's Enterprise Value to EBITDA is on the same level as the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 13.94
HEX.OL Per share dataHEX.OL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10

4.3 Compensation for Growth

  • HEX's earnings are expected to grow with 50.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y50.05%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • HEX does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

HEXAGON COMPOSITES ASA

OSL:HEX (3/3/2026, 1:02:44 PM)

7.94

-0.14 (-1.73%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-12
Earnings (Next)05-13
Inst Owners13.31%
Inst Owner ChangeN/A
Ins Owners0.14%
Ins Owner ChangeN/A
Market Cap2.00B
Revenue(TTM)N/A
Net Income(TTM)-1.76B
Analysts77.78
Price Target13.94 (75.57%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
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)-58.6%
Min EPS beat(2)-85.19%
Max EPS beat(2)-32.01%
EPS beat(4)0
Avg EPS beat(4)-1092.94%
Min EPS beat(4)-4072.77%
Max EPS beat(4)-32.01%
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)0
Avg Revenue beat(2)-21.8%
Min Revenue beat(2)-30.17%
Max Revenue beat(2)-13.43%
Revenue beat(4)2
Avg Revenue beat(4)-8.69%
Min Revenue beat(4)-30.17%
Max Revenue beat(4)6.6%
Revenue beat(8)3
Avg Revenue beat(8)-4.66%
Revenue beat(12)5
Avg Revenue beat(12)-3.75%
Revenue beat(16)9
Avg Revenue beat(16)0.36%
PT rev (1m)-48.91%
PT rev (3m)-54.06%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-55.56%
EPS NY rev (1m)0%
EPS NY rev (3m)-21.15%
Revenue NQ rev (1m)-4.7%
Revenue NQ rev (3m)-4.7%
Revenue NY rev (1m)-1.43%
Revenue NY rev (3m)-14.95%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.55
P/FCF N/A
P/OCF 16.38
P/B 0.74
P/tB 1.99
EV/EBITDA 13.94
EPS(TTM)-4.03
EYN/A
EPS(NY)-0.72
Fwd EYN/A
FCF(TTM)-0.26
FCFYN/A
OCF(TTM)0.48
OCFY6.11%
SpS14.46
BVpS10.74
TBVpS3.99
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -33.58%
ROE -64.99%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 48.59%
FCFM N/A
ROA(3y)3.62%
ROA(5y)0.99%
ROE(3y)6.4%
ROE(5y)1.43%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)4.07%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
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-Score4
Asset Turnover0.7
Health
Industry RankSector Rank
Debt/Equity 0.57
Debt/FCF N/A
Debt/EBITDA 5.98
Cap/Depr 67.11%
Cap/Sales 5.12%
Interest Coverage N/A
Cash Conversion 47.24%
Profit Quality N/A
Current Ratio 2.94
Quick Ratio 0.9
Altman-Z 1.49
F-Score4
WACC9.73%
ROIC/WACCN/A
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)N/A
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%80.53%
EPS Next Y82.23%
EPS Next 2Y50.05%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-45.76%
Revenue Next Year11.01%
Revenue Next 2Y27.36%
Revenue Next 3Y29.65%
Revenue Next 5YN/A
EBIT growth 1Y-107.7%
EBIT growth 3YN/A
EBIT growth 5Y49.64%
EBIT Next Year-91.83%
EBIT Next 3Y23.91%
EBIT Next 5Y33.97%
FCF growth 1Y95.25%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y116.64%
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 3 / 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 grow by 82.23% in the next year.