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Hexagon AB Class B HEXA B

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Stock XSTO Rating as of
SEK 104.40 −0.35 (0.33%)
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Hexagon Is Refocusing on Its Core Businesses of Precision Measurement and Positioning

Rob Hales

Sweden-based Hexagon is a global provider of hardware, software, and services across industries such as construction, manufacturing, oil and gas, agriculture, and mining. Its hardware includes sensors, measuring devices, and other equipment typically used in conjunction with its software products. Sensors collect data and positioning information for equipment, which is fed into software that helps manage and optimize operations. Services are typically maintenance contracts on the hardware. The company’s revenue is around 55% hardware and 45% software and services. In 2026, the company spun off its industrial design software business into a separate company, Octave, enabling it to focus on its core businesses of precision measurement and positioning.

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Price vs Fair Value

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HEXA B is trading at a LOCK|Fr!K premium.
Price
SEK 104.40
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Hexagon’s margins lead peers, with further improvements expected.

Bears

Overall, while historical acquisitions have been strategically sound, ROICs indicate price discipline has room for improvement.

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Trading Information

Previous Close Price
SEK 104.75
Day Range
SEK 103.85–105.45
52-Week Range
SEK 74.58–105.45
Bid/Ask
SEK 104.05 / SEK 104.15
Shares Outstanding
2.68B
Market Cap
SEK 280.25B
Volume/Avg
3M / 4M

Key Statistics

Price/Earnings (Normalized)
10.80
Price/Sales
5.45
Dividend Yield (Trailing)
1.45%
Dividend Yield (Forward)
1.45%
Dividend Payment Schedule
May
Total Yield
1.45%

Company Profile

Hexagon is the global leader in digital reality solutions, combining hardware such as sensors and measuring devices, software, and services. Customers are mainly in heavy industry, such as oil and gas, mining, construction, manufacturing, chemicals, and agriculture. Major products include measuring technology, mapping tools, and software. Around 40% of revenue is generated in the Americas, 35% in Europe, the Middle East, and Africa, and the rest in Asia.
Sector
Technology
Industry
Scientific & Technical Instruments
Stock Style Box
Large Core
Total Number of Employees
24,800
Website
https://www.hexagon.com

Competitors

Valuation

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Metric
HEXA B
SAND
NEM
Price/Earnings (Normalized)
 10.8028.2830.69
Price/Book Value
 4.504.558.08
Price/Sales
 5.453.546.54
Price/Cash Flow
 19.1516.9324.78
Price/Earnings
HEXA B
SAND
NEM

Financial Strength

Metric
HEXA B
SAND
NEM
Quick Ratio
 1.290.830.86
Current Ratio
 1.531.640.93
Interest Coverage
 18.2812.6120.37
Quick Ratio
HEXA B
SAND
NEM

Profitability

Metric
HEXA B
SAND
NEM
Return on Assets (Normalized)
 −2.63%9.88%12.13%
Return on Equity (Normalized)
 −4.37%18.50%28.26%
Return on Invested Capital (Normalized)
 −2.96%13.30%19.19%
Return on Assets
HEXA B
SAND
NEM

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