Subscribe

Hexagon Composites ASA (HEX.OL)

NOK10.35 +0.65 (+6.70%)
NO OSL Consumer Cyclical Packaging & Containers
Address Korsegata 4B 6002
Ålesund, NO
CEO Philipp Schramm
IPO 2000-01-03
ISIN NO0003067902

Explore sections of this company profile

Also trades on London Stock Exchange · 0EOF.L (NOK) Oslo Stock Exchange · HEX.OL (NOK) Other OTC · HXGCF (USD)
Description

Hexagon Composites ASA, together with its subsidiaries, specializes in the global production and sale of advanced composite pressure vessels and fuel systems. Its extensive operations cover Norway, numerous European countries, North America, Southeast Asia, the Middle East, and other international regions. The company's business is organized into four main divisions: Hexagon Agility & CNG LDV, Hexagon Purus, Hexagon Digital Wave, and Hexagon Ragasco LPG. The Hexagon Agility & CNG LDV segment focuses on providing sustainable fuel solutions for commercial and passenger vehicles, as well as for the transportation of gaseous energy. Hexagon Purus is responsible for supplying high-pressure cylinders, comprehensive vehicle systems, and battery packs for fuel cell and battery-electric vehicles. The Hexagon Digital Wave segment develops innovative technology for testing and monitoring cylinders, aiming to reduce operational downtime, cut inspection costs, and improve accuracy. Finally, the Hexagon Ragasco LPG segment manufactures composite liquefied petroleum gas (LPG) cylinders designed for recreational, domestic, and industrial applications. Hexagon Composites ASA was founded in 1985 and has its corporate headquarters situated in Ålesund, Norway.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
NOK10.35 +0.65 (+6.70%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
2M
Beta
0.69
Float Shares
187.31M
Free Float %
74.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.08% -8.63% -9.34% +9.65% +33.52% +24.43% -51.76% -65.74% -74.21% -59.65% +265.49%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
10.35
Ratings Trend (MoM) 60% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 3 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.35
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
0 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
2 / 5
Medium
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Packaging & Containers: +2.6%
    -39.6% Q1'26: -26.4% (vs Q1'25)
  • EPS growth Packaging & Containers: +8.0%
    -261.0% Q1'26: +80.2% (vs Q1'25)
  • FCF margin FCF growth · Packaging & Containers: +34.6%
    -8.8% Q1'26: -1.2% (vs Q1'25)
  • EBIT margin Packaging & Containers: +7.0%
    -8.2% Q1'26: -0.9% (vs Q1'25)
  • ROIC Packaging & Containers: +6.2%
    -5.8% Q1'26: -0.6% (vs Q1'25)
  • Share dilution Packaging & Containers: +0.2%
    +7.3% Q1'26: +20.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Packaging & Containers: 0.83×
    61.41× Q1'26: 7.55× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.40) × ERP
WACC = 55% × Ke + 45% × Kd (11.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 10.35
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2009
actual
Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
4 EPS Ana.
Dec 2027
5 Rev. Ana.
4 EPS Ana.
Dec 2028
4 Rev. Ana.
4 EPS Ana.
Revenue
867.54M
est: 893.20M (-2.9%)
845.97M
est: 835.68M (+1.2%)
820.14M
est: 986.24M (-16.8%)
1.03B
est: 1.05B (-2.0%)
1.28B
est: 1.48B (-13.3%)
1.65B
est: 1.59B (+4.1%)
1.44B
est: 1.42B (+2.0%)
1.22B
est: 1.18B (+3.1%)
1.41B
est: 1.44B (-2.3%)
1.49B
est: 1.42B (+4.6%)
3.40B
est: 3.38B (+0.8%)
3.07B
est: 3.28B (-6.4%)
3.54B
est: 3.41B (+3.8%)
4.29B
est: 4.80B (-10.6%)
4.52B
est: 5.17B (-12.6%)
4.87B
est: 4.84B (+0.6%)
2.94B
est: 2.82B (+4.3%)
3.22B
2.91B – 3.55B
+14.0% YoY
4.77B
4.04B – 5.55B
+48.1% YoY
6.04B
5.87B – 6.21B
+26.7% YoY
EBITDA
209.55M
est: -3.52M (+6,053.2%)
168.55M
est: 107.41M (+56.9%)
125.80M
est: 111.29M (+13.0%)
83.21M
est: 102.94M (-19.2%)
215.54M
est: 74.21M (+190.4%)
335.97M
est: 163.65M (+105.3%)
106.64M
est: 271.73M (-60.8%)
397.64M
est: 46.89M (+748.0%)
152.26M
est: 495.04M (-69.2%)
244.32M
est: 75.26M (+224.6%)
428.33M
est: 658.10M (-34.9%)
275.08M
est: 370.41M (-25.7%)
66.55M
est: 455.56M (-85.4%)
354.00M
est: 469.44M (-24.6%)
-328.44M
est: 48.21M (-781.2%)
40.62M
est: 44.98M (-9.7%)
28.39M
est: 26.32M (+7.9%)
30.01M
27.13M – 33.11M
+14.0% YoY
44.45M
37.69M – 51.76M
+48.1% YoY
56.31M
54.72M – 57.91M
+26.7% YoY
EBIT
152.90M
est: 69.93M (+118.6%)
93.52M
est: 67.36M (+38.8%)
53.06M
est: 42.72M (+24.2%)
33.95M
est: 37.73M (-10.0%)
153.24M
est: 34.45M (+344.9%)
263.60M
est: 149.90M (+75.8%)
51.42M
est: 232.69M (-77.9%)
337.82M
est: 31.39M (+976.2%)
78.28M
est: 364.11M (-78.5%)
167.38M
est: 98.91M (+69.2%)
242.63M
est: 328.31M (-26.1%)
25.87M
est: 122.75M (-78.9%)
-173.97M
est: 150.97M (-215.2%)
129.18M
est: 155.57M (-17.0%)
-659.60M
est: -294.30M (-124.1%)
-199.29M
est: -274.56M (+27.4%)
-240.67M
est: -160.63M (-49.8%)
-183.15M
-202.12M – -165.63M
-14.0% YoY
-271.32M
-315.93M – -230.09M
-48.1% YoY
-343.74M
-353.48M – -334.00M
-26.7% YoY
Net Income
61.44M
est: -11.50M (+634.3%)
18.30M
est: 57.45M (-68.1%)
19.06M
est: 21.60M (-11.7%)
5.45M
est: 20.42M (-73.3%)
89.64M
est: 7.56M (+1,085.5%)
164.67M
est: 96.21M (+71.2%)
4.56M
est: 149.22M (-96.9%)
208.30M
est: 3.82M (+5,355.5%)
69.47M
est: 253.44M (-72.6%)
141.46M
est: 69.21M (+104.4%)
107.49M
est: 331.26M (-67.6%)
-140.78M
est: 109.86M (-228.1%)
-237.33M
est: 135.11M (-275.7%)
-311.33M
est: -264.84M (-17.6%)
1.21B
est: -1.37B (+187.9%)
-279.13M
est: -268.02M (-4.1%)
-1.13B
est: -1.22B (+7.4%)
-210.19M
-377.77M – -42.62M
+82.8% YoY
192.20M
112.12M – 272.28M
+191.4% YoY
419.18M
159.77M – 781.37M
+118.1% YoY
SGA
173.15M
est: 145.26M (+19.2%)
208.18M
est: 162.05M (+28.5%)
132.21M
est: 218.80M (-39.6%)
135.97M
est: 198.40M (-31.5%)
161.12M
est: 298.67M (-46.1%)
176.15M
est: 254.49M (-30.8%)
128.23M
est: 291.25M (-56.0%)
168.41M
est: 315.99M (-46.7%)
345.45M
est: 444.85M (-22.3%)
-14.67M
est: 344.14M (-104.3%)
-78.72M
est: 929.73M (-108.5%)
-124.08M
est: 872.49M (-114.2%)
-92.41M
est: 1.07B (-108.6%)
-139.30M
est: 1.11B (-112.6%)
1.31B
est: 478.94M (+174.5%)
1.12B
est: 446.81M (+151.6%)
est: 261.41M (-100.0%)
298.07M
269.55M – 328.93M
+14.0% YoY
441.55M
374.45M – 514.15M
+48.1% YoY
559.41M
543.55M – 575.26M
+26.7% YoY
EPS
0.46
est: 0.42 (+8.4%)
0.14
est: 0.18 (-21.5%)
0.14
est: 0.09 (+54.0%)
0.04
est: 0.22 (-81.7%)
0.67
est: 0.79 (-15.4%)
1.24
est: 1.24 (+0.2%)
0.03
est: -0.01 (+319.2%)
1.40
est: 0.10 (+1,316.0%)
0.42
est: 0.24 (+72.4%)
0.86
est: 0.47 (+84.0%)
0.62
est: 0.30 (+109.3%)
-0.74
est: 0.32 (-331.9%)
-1.64
est: -0.82 (-101.2%)
-2.12
est: -1.51 (-40.1%)
-3.87
est: -5.92 (+34.7%)
-1.36
est: -1.16 (-17.5%)
-4.91
est: -5.30 (+7.4%)
-0.92
-1.64 – -0.18
+82.6% YoY
0.92
0.49 – 1.18
+199.2% YoY
1.94
0.69 – 3.39
+112.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 C 2/5 2/5 1/5 1/5 2/5 1/5 4/5
2026-05-11 C 2/5 2/5 1/5 1/5 2/5 1/5 4/5
2026-05-08 C+ 2/5 2/5 1/5 1/5 2/5 1/5 5/5
2026-05-07 C+ 2/5 2/5 1/5 1/5 2/5 1/5 5/5
2026-05-06 C+ 2/5 2/5 1/5 1/5 2/5 1/5 5/5
2026-05-05 C+ 2/5 2/5 1/5 1/5 2/5 1/5 5/5
2026-05-04 C+ 2/5 2/5 1/5 1/5 2/5 1/5 5/5
2026-04-30 C 2/5 2/5 1/5 1/5 1/5 1/5 5/5
2026-04-29 C 2/5 2/5 1/5 1/5 1/5 1/5 5/5
2026-04-28 C 2/5 2/5 1/5 1/5 1/5 1/5 5/5
2026-04-27 C 2/5 2/5 1/5 1/5 1/5 1/5 4/5
2026-04-24 C 2/5 2/5 1/5 1/5 1/5 1/5 4/5
2026-04-23 C 2/5 2/5 1/5 1/5 1/5 1/5 4/5
2026-04-22 C 2/5 2/5 1/5 1/5 1/5 1/5 4/5
2026-04-21 C 2/5 2/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C 2/5 2/5 1/5 1/5 1/5 1/5 4/5
2026-04-17 C 2/5 2/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C 2/5 2/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-952.85M
OE per share TTM
-4.01
Owner's Yield
-40.55%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
34.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-239.5K
Shares Outstanding
251.54M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Philipp Schramm Chief Executive Officer 15M
Hans Bippus Chief Commercial Officer 6M male
Eirik Lohre Chief Financial Officer 6M male
George Siedlecki Acting President Digital Wave 6M male
Hans Peter Havdal Executive Vice President of Market Expansion 5M male
Brad E. Garner Chief Technology Officer 5M male
Ashley Remillard EVice President of Legal & Government Affairs and General Counsel 4M female
Skjalg Sylte Stavheim President of Hexagon Ragasco 4M male
Rick Rashilla Senior Vice President of Sustainability 3M male
Gunnar Engkrog Head of Group Accounting male
Ingrid Aarsnes Vice President of Investor Relations & ESG female
Berit-Cathrin Hoyvik Senior Director of Communications
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits