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Hexagon Composites ASA HEX

Morningstar Rating
NOK 22.90 −0.85 (3.58%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HEX is trading at a 862% premium.
Price
NOK 22.87
Fair Value
NOK 74.86
Uncertainty
Very High
1-Star Price
NOK 85.26
5-Star Price
NOK 61.37
Economic Moat
Frbcgd
Capital Allocation
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News

Trading Information

Previous Close Price
NOK 23.75
Day Range
NOK 22.8023.75
52-Week Range
NOK 16.3038.56
Bid/Ask
NOK 22.70 / NOK 24.40
Market Cap
NOK 4.60 Bil
Volume/Avg
739,193 / 555,216

Key Statistics

Price/Earnings (Normalized)
30.68
Price/Sales
1.03
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Hexagon Composites ASA is a supplier of clean energy technology for gas storage, distribution, fuel systems, and drivetrains. Its operating segments are Hexagon Agility & CNG LDV, Hexagon Purus, Hexagon Digital Wave, and Hexagon Ragasco LPG. Hexagon Agility & CNG LDV segment offers natural gas fuel systems and delivery solutions for the mobility market. Hexagon Purus is a provider of technology needed for zero-emission mobility. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology. Hexagon Ragasco LPG segment is a manufacturer of composite LPG cylinders. It operates through Europe, North America, Southeast Asia, the Middle East, and Norway geographic regions.
Sector
Consumer Cyclical
Industry
Packaging & Containers
Stock Style Box
Small Core
Total Number of Employees
1,149

Comparables

Valuation

Metric
HEX
ORES
BICO
Price/Earnings (Normalized)
30.6819.86
Price/Book Value
1.491.061.02
Price/Sales
1.0316.891.42
Price/Cash Flow
30.65
Price/Earnings
HEX
ORES
BICO

Financial Strength

Metric
HEX
ORES
BICO
Quick Ratio
0.201.74
Current Ratio
0.652.52
Interest Coverage
−5.59−20.02
Quick Ratio
HEX
ORES
BICO

Profitability

Metric
HEX
ORES
BICO
Return on Assets (Normalized)
−35.47%5.29%−4.62%
Return on Equity (Normalized)
−74.46%5.40%−7.26%
Return on Invested Capital (Normalized)
−44.18%−6.72%
Return on Assets
HEX
ORES
BICO
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