Hexagon Composites Financials
| HEX Stock | NOK 44.80 0.90 1.97% |
Hexagon |
Understanding current and past Hexagon Composites Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hexagon Composites' financial statements are interrelated, with each one affecting the others. For example, an increase in Hexagon Composites' assets may result in an increase in income on the income statement.
Hexagon Composites Stock Summary
Hexagon Composites competes with Hexagon Purus, Nel ASA, Powercell Sweden, Tomra Systems, and Scatec Solar. Hexagon Composites ASA, together with its subsidiaries, designs, develops, manufactures, and sells composite pressure cylinders for mobility, industrial, and consumer applications in Europe, North America, South-East Asia, the Middle East, and internationally. It also manufactures low-pressure composite cylinders for propane gas. HEXAGON COMPOSITES operates under Diversified Industrials classification in Norway and is traded on Oslo Stock Exchange. It employs 920 people.| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0003067902 |
| Business Address | Korsegata 4B, lesund, |
| Sector | Machinery |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.hexagongroup.com |
| Phone | 47 70 30 44 50 |
| Currency | NOK - Kroner |
You should never invest in Hexagon Composites without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Hexagon Stock, because this is throwing your money away. Analyzing the key information contained in Hexagon Composites' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Hexagon Composites Key Financial Ratios
There are many critical financial ratios that Hexagon Composites' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Hexagon Composites ASA reports annually and quarterly.| Return On Equity | -0.11 | |||
| Return On Asset | -0.0266 | |||
| Target Price | 40.33 | |||
| Beta | 1.28 | |||
| Z Score | 3.0 |
Hexagon Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hexagon Composites's current stock value. Our valuation model uses many indicators to compare Hexagon Composites value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hexagon Composites competition to find correlations between indicators driving Hexagon Composites's intrinsic value. More Info.Hexagon Composites ASA is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Hexagon Composites' earnings, one of the primary drivers of an investment's value.Hexagon Composites ASA Systematic Risk
Hexagon Composites' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hexagon Composites volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Hexagon Composites ASA correlated with the market. If Beta is less than 0 Hexagon Composites generally moves in the opposite direction as compared to the market. If Hexagon Composites Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hexagon Composites ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hexagon Composites is generally in the same direction as the market. If Beta > 1 Hexagon Composites moves generally in the same direction as, but more than the movement of the benchmark.
Hexagon Composites November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hexagon Composites help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hexagon Composites ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hexagon Composites ASA based on widely used predictive technical indicators. In general, we focus on analyzing Hexagon Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hexagon Composites's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.21 | |||
| Information Ratio | 0.0368 | |||
| Maximum Drawdown | 21.33 | |||
| Value At Risk | (3.49) | |||
| Potential Upside | 4.94 |
Other Information on Investing in Hexagon Stock
Hexagon Composites financial ratios help investors to determine whether Hexagon Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hexagon with respect to the benefits of owning Hexagon Composites security.