Hexagon Composites ASA Logo

Hexagon Composites ASA

HEX.OL

(2.0)
Stock Price

46,90 NOK

-24.28% ROA

-33.14% ROE

-6.91x PER

Market Cap.

8.535.427.012,00 NOK

30.85% DER

0% Yield

-24.13% NPM

Hexagon Composites ASA Stock Analysis

Hexagon Composites ASA Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Hexagon Composites ASA Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (60.66%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a minimal amount of debt (44%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 PBV

The stock's PBV ratio (1.24x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

5 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

6 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

7 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

8 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

10 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

11 Buffet Intrinsic Value

The company's stock appears overvalued (-275) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Hexagon Composites ASA Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Hexagon Composites ASA Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Buy

Hexagon Composites ASA Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Hexagon Composites ASA Revenue
Year Revenue Growth
2004 317.896.000
2005 425.078.000 25.21%
2006 417.220.000 -1.88%
2007 599.391.000 30.39%
2008 767.273.000 21.88%
2009 867.542.000 11.56%
2010 845.974.000 -2.55%
2011 991.791.000 14.7%
2012 1.032.984.000 3.99%
2013 1.280.106.000 19.3%
2014 1.650.829.000 22.46%
2015 1.443.873.000 -14.33%
2016 1.220.511.000 -18.3%
2017 1.407.939.000 13.31%
2018 1.485.417.000 5.22%
2019 3.404.209.000 56.37%
2020 3.070.865.000 -10.86%
2021 3.539.537.000 13.24%
2022 4.913.016.000 27.96%
2023 4.991.768.000 1.58%
2023 5.181.924.000 3.67%
2024 4.592.628.000 -12.83%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Hexagon Composites ASA Research and Development Expenses
Year Research and Development Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 34.200.000 100%
2016 14.100.000 -142.55%
2017 31.000.000 54.52%
2018 48.200.000 35.68%
2019 104.810.000 54.01%
2020 154.707.000 32.25%
2021 125.783.000 -23%
2022 180.045.000 30.14%
2023 0 0%
2023 52.000.000 100%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Hexagon Composites ASA General and Administrative Expenses
Year General and Administrative Expenses Growth
2004 0
2005 0 0%
2006 0 0%
2007 137.031.000 100%
2008 0 0%
2009 173.151.000 100%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Hexagon Composites ASA EBITDA
Year EBITDA Growth
2004 49.135.000
2005 63.715.000 22.88%
2006 35.467.000 -79.65%
2007 86.458.000 58.98%
2008 131.821.000 34.41%
2009 209.554.000 37.09%
2010 168.554.000 -24.32%
2011 155.844.000 -8.16%
2012 83.207.000 -87.3%
2013 226.817.000 63.32%
2014 348.802.000 34.97%
2015 83.875.000 -315.86%
2016 473.227.000 82.28%
2017 142.589.000 -231.88%
2018 163.126.000 12.59%
2019 343.331.000 52.49%
2020 241.092.000 -42.41%
2021 70.134.000 -243.76%
2022 139.883.000 49.86%
2023 490.992.000 71.51%
2023 475.351.000 -3.29%
2024 543.044.000 12.47%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Hexagon Composites ASA Gross Profit
Year Gross Profit Growth
2004 192.306.000
2005 242.623.000 20.74%
2006 200.499.000 -21.01%
2007 279.079.000 28.16%
2008 334.879.000 16.66%
2009 410.493.000 18.42%
2010 424.105.000 3.21%
2011 425.816.000 0.4%
2012 441.093.000 3.46%
2013 606.693.000 27.3%
2014 838.803.000 27.67%
2015 640.178.000 -31.03%
2016 576.708.000 -11.01%
2017 761.877.000 24.3%
2018 788.447.000 3.37%
2019 1.731.089.000 54.45%
2020 1.568.560.000 -10.36%
2021 1.844.040.000 14.94%
2022 2.256.501.000 18.28%
2023 2.389.820.000 5.58%
2023 216.776.000 -1002.44%
2024 294.944.000 26.5%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Hexagon Composites ASA Net Profit
Year Net Profit Growth
2004 16.486.000
2005 21.825.000 24.46%
2006 9.726.000 -124.4%
2007 3.627.000 -168.16%
2008 -9.808.000 136.98%
2009 61.439.000 115.96%
2010 18.298.000 -235.77%
2011 19.063.000 4.01%
2012 5.447.000 -249.97%
2013 89.643.000 93.92%
2014 164.672.000 45.56%
2015 4.563.000 -3508.85%
2016 208.303.000 97.81%
2017 69.472.000 -199.84%
2018 141.462.000 50.89%
2019 107.491.000 -31.6%
2020 -147.781.000 172.74%
2021 -327.577.000 54.89%
2022 -425.977.000 23.1%
2023 -636.792.000 33.11%
2023 -1.118.217.000 43.05%
2024 -340.072.000 -228.82%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Hexagon Composites ASA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 1 0%
2014 1 100%
2015 0 0%
2016 1 100%
2017 0 0%
2018 1 0%
2019 1 0%
2020 -1 0%
2021 -2 100%
2022 -2 50%
2023 -3 33.33%
2023 -6 40%
2024 -2 -400%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Hexagon Composites ASA Free Cashflow
Year Free Cashflow Growth
2004 27.526.000
2005 819.000 -3260.93%
2006 5.609.000 85.4%
2007 -42.485.000 113.2%
2008 19.090.000 322.55%
2009 44.051.000 56.66%
2010 -10.962.000 501.85%
2011 85.993.000 112.75%
2012 72.987.000 -17.82%
2013 88.814.000 17.82%
2014 88.076.000 -0.84%
2015 -108.847.000 180.92%
2016 -91.943.000 -18.39%
2017 11.823.000 877.66%
2018 -22.193.000 153.27%
2019 -55.971.000 60.35%
2020 52.118.000 207.39%
2021 -705.689.000 107.39%
2022 -484.351.000 -45.7%
2023 76.109.000 736.39%
2023 -94.945.000 180.16%
2024 -686.034.000 86.16%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Hexagon Composites ASA Operating Cashflow
Year Operating Cashflow Growth
2004 41.128.000
2005 36.552.000 -12.52%
2006 12.704.000 -187.72%
2007 35.506.000 64.22%
2008 95.971.000 63%
2009 139.033.000 30.97%
2010 41.834.000 -232.34%
2011 117.360.000 64.35%
2012 116.295.000 -0.92%
2013 163.830.000 29.01%
2014 195.266.000 16.1%
2015 41.276.000 -373.07%
2016 -4.034.000 1123.2%
2017 90.434.000 104.46%
2018 154.601.000 41.5%
2019 147.929.000 -4.51%
2020 229.198.000 35.46%
2021 -344.696.000 166.49%
2022 98.588.000 449.63%
2023 140.335.000 29.75%
2023 139.274.000 -0.76%
2024 -609.534.000 122.85%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Hexagon Composites ASA Capital Expenditure
Year Capital Expenditure Growth
2004 13.602.000
2005 35.733.000 61.93%
2006 7.095.000 -403.64%
2007 77.991.000 90.9%
2008 76.881.000 -1.44%
2009 94.982.000 19.06%
2010 52.796.000 -79.9%
2011 31.367.000 -68.32%
2012 43.308.000 27.57%
2013 75.016.000 42.27%
2014 107.190.000 30.02%
2015 150.123.000 28.6%
2016 87.909.000 -70.77%
2017 78.611.000 -11.83%
2018 176.794.000 55.54%
2019 203.900.000 13.29%
2020 177.080.000 -15.15%
2021 360.993.000 50.95%
2022 582.939.000 38.07%
2023 64.226.000 -807.64%
2023 234.219.000 72.58%
2024 76.500.000 -206.17%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Hexagon Composites ASA Equity
Year Equity Growth
2004 180.277.000
2005 202.381.000 10.92%
2006 206.369.000 1.93%
2007 203.886.000 -1.22%
2008 200.869.000 -1.5%
2009 257.900.000 22.11%
2010 253.580.000 -1.7%
2011 264.898.000 4.27%
2012 259.487.000 -2.09%
2013 348.562.000 25.55%
2014 487.107.000 28.44%
2015 470.136.000 -3.61%
2016 1.333.169.000 64.74%
2017 1.412.441.000 5.61%
2018 1.540.063.000 8.29%
2019 2.152.993.000 28.47%
2020 3.595.839.000 40.13%
2021 3.484.301.000 -3.2%
2022 3.468.807.000 -0.45%
2023 3.241.450.000 -7.01%
2023 4.097.861.000 20.9%
2024 3.765.906.000 -8.81%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Hexagon Composites ASA Assets
Year Assets Growth
2004 329.590.000
2005 412.652.000 20.13%
2006 800.711.000 48.46%
2007 711.196.000 -12.59%
2008 806.150.000 11.78%
2009 758.648.000 -6.26%
2010 908.099.000 16.46%
2011 796.606.000 -14%
2012 887.970.000 10.29%
2013 1.146.929.000 22.58%
2014 1.179.613.000 2.77%
2015 1.180.787.000 0.1%
2016 2.424.846.000 51.3%
2017 2.391.298.000 -1.4%
2018 2.616.343.000 8.6%
2019 4.827.519.000 45.8%
2020 6.164.938.000 21.69%
2021 6.515.246.000 5.38%
2022 7.903.743.000 17.57%
2023 6.455.510.000 -22.43%
2023 7.525.835.000 14.22%
2024 6.683.570.000 -12.6%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Hexagon Composites ASA Liabilities
Year Liabilities Growth
2004 149.313.000
2005 210.271.000 28.99%
2006 594.342.000 64.62%
2007 507.310.000 -17.16%
2008 605.281.000 16.19%
2009 500.748.000 -20.88%
2010 654.519.000 23.49%
2011 531.708.000 -23.1%
2012 628.483.000 15.4%
2013 798.367.000 21.28%
2014 692.506.000 -15.29%
2015 710.651.000 2.55%
2016 1.091.676.000 34.9%
2017 978.857.000 -11.53%
2018 1.076.280.000 9.05%
2019 2.674.526.000 59.76%
2020 2.569.099.000 -4.1%
2021 3.030.945.000 15.24%
2022 4.434.936.000 31.66%
2023 3.214.061.000 -37.99%
2023 3.427.974.000 6.24%
2024 2.917.664.000 -17.49%

Hexagon Composites ASA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
24.54
Net Income per Share
-5.92
Price to Earning Ratio
-6.91x
Price To Sales Ratio
1.74x
POCF Ratio
-19.47
PFCF Ratio
-12.83
Price to Book Ratio
2.17
EV to Sales
1.97
EV Over EBITDA
25.25
EV to Operating CashFlow
-22.99
EV to FreeCashFlow
-14.54
Earnings Yield
-0.14
FreeCashFlow Yield
-0.08
Market Cap
8,54 Bil.
Enterprise Value
9,67 Bil.
Graham Number
50.05
Graham NetNet
-8.01

Income Statement Metrics

Net Income per Share
-5.92
Income Quality
0.34
ROE
-0.33
Return On Assets
-0.18
Return On Capital Employed
0.04
Net Income per EBT
1.13
EBT Per Ebit
-5.31
Ebit per Revenue
0.04
Effective Tax Rate
0.04

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.26
Operating Profit Margin
0.04
Pretax Profit Margin
-0.21
Net Profit Margin
-0.24

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-2.1
Free CashFlow per Share
-3.32
Capex to Operating CashFlow
-0.58
Capex to Revenue
0.05
Capex to Depreciation
0.93
Return on Invested Capital
0.04
Return on Tangible Assets
-0.24
Days Sales Outstanding
39.25
Days Payables Outstanding
39.24
Days of Inventory on Hand
106.5
Receivables Turnover
9.3
Payables Turnover
9.3
Inventory Turnover
3.43
Capex per Share
1.22

Balance Sheet

Cash per Share
1,93
Book Value per Share
18,81
Tangible Book Value per Share
9.81
Shareholders Equity per Share
18.81
Interest Debt per Share
7.16
Debt to Equity
0.31
Debt to Assets
0.17
Net Debt to EBITDA
2.96
Current Ratio
2.04
Tangible Asset Value
1,97 Bil.
Net Current Asset Value
-0,79 Bil.
Invested Capital
4018333000
Working Capital
1,09 Bil.
Intangibles to Total Assets
0.27
Average Receivables
0,53 Bil.
Average Payables
0,44 Bil.
Average Inventory
1166247500
Debt to Market Cap
0.14

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Hexagon Composites ASA Dividends
Year Dividends Growth
2010 0
2011 0 0%
2013 0 0%
2014 0 0%
2015 1 0%
2018 0 0%

Hexagon Composites ASA Profile

About Hexagon Composites ASA

Hexagon Composites ASA, together with its subsidiaries, produces and sells composite pressure cylinders and fuel systems in Norway, Europe, North America, South-East Asia, the Middle East, and internationally. The company operates through Hexagon Agility & CNG LDV, Hexagon Purus, Hexagon Digital Wave, and Hexagon Ragasco LPG segments. The Hexagon Agility & CNG LDV segment provides clean fuel solutions for commercial vehicles, passenger vehicles, and gaseous energy transportation. Hexagon Purus segment provides high pressure cylinders, vehicle systems, and battery backs for fuel cell and battery electric vehicles. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology solutions that reduce down-time and inspection costs while improving inspection accuracy. The Hexagon Ragasco LPG segment manufacturers composite liquefied petroleum gas (LPG) cylinders for leisure, household, and industrial applications. Hexagon Composites ASA was incorporated in 1985 and is headquartered in Ålesund, Norway.

CEO
Mr. Jon Erik Engeset
Employee
1.149
Address
Korsegata 4B
Ålesund, 6002

Hexagon Composites ASA Executives & BODs

Hexagon Composites ASA Executives & BODs
# Name Age
1 Ingrid Aarsnes
Vice President of Investor Relations & ESG
70
2 Mr. George Siedlecki
Acting President Digital Wave
70
3 Mr. Morten Holum
Chief Executive Officer & President of Hexagon Purus
70
4 Mr. Gunnar Engkrog
Head of Group Accounting
70
5 Mr. Jon Erik Engeset
Chief Executive Officer
70
6 Mr. David Bandele
Chief Financial Officer
70
7 Mr. Hans Peter Havdal M.Sc.
Group Chief Operating Officer
70
8 Ms. Karen Romer
Senior Vice President of Communications
70
9 Mr. Skjalg Sylte Stavheim
President of Hexagon Ragasco
70
10 Mr. Rick Rashilla
Senior Vice President of Sustainability
70

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