Equities
IndustrialsIndustrial Engineering
  • Price (NOK)8.16
  • Today's Change-0.34 / -4.00%
  • Shares traded1.52m
  • 1 Year change-74.05%
  • Beta1.5604
Data delayed at least 15 minutes, as of Feb 13 2026.
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About the company

Hexagon Composites ASA is a Norway-based composite cylinder technology company. The Company enables the safe delivery of clean energy in gaseous form to homes and industries and decarbonizes transportation on land and at sea. Hexagon is organized into four business areas: Hexagon Agility, Hexagon Ragasco, Hexagon Digital Wave and Hexagon Purus. Hexagon Agility is a global provider of clean fuel solutions for commercial vehicles and gas transportation solutions. Hexagon Ragasco is the manufacturer of composite liquefied petroleum gas (LPG) cylinders for leisure, household and industrial applications. Hexagon Digital Wave is engaged in cylinder testing and monitoring technologies, offering solutions that reduce down-time and inspection costs while improving inspection accuracy. Hexagon Purus is offers solutions within key technologies needed for zero emission mobility.

  • Revenue in NOK (TTM)3.64bn
  • Net income in NOK-1.76bn
  • Incorporated1995
  • Employees1.02k
  • Location
    Hexagon Composites ASAKorsegata 4BALESUND 6002NorwayNOR
  • Phone+47 70304450
  • Fax+47 70116440
  • Websitehttps://hexagongroup.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
HEX:OSL since
announced
Transaction
value
Worthington Cylinders GmbH-Sustainable Energy SolutionsDeal completed14 Jul 202514 Jul 2025Deal completed-53.85%7.53m
Data delayed at least 15 minutes, as of Feb 13 2026.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Esenboga Elektrik Uretim AS353.47m-95.19m1.64bn164.00--0.6693--4.64-0.1944-0.19440.90376.190.077824.001.7510,622,530.00-4.270.3569-5.910.4861-----54.883.500.48570.05530.22784.67-15.01145.17-177.75--120.50--
Maschinenfabrik Berthold Hermle AG5.27bn540.19m1.78bn1.61k16.442.142.640.33679.589.5893.5573.760.8896----291,781.709.1114.8412.3719.88--59.2910.2414.78----0.0078.19-8.341.05-24.69-4.7730.8416.95
Koenig & Bauer AG14.83bn-173.61m1.79bn5.53k--0.48125.470.1206-0.9322-0.932279.2219.950.90722.1710.09234,444.00-1.05-2.09-1.92-3.5925.3924.60-1.16-2.440.73421.160.4509---3.950.455-2,796.15---13.56--
AFC Energy plc46.82m-249.57m1.83bn130.00--4.99--39.09-0.0229-0.02290.00430.0250.12943.121.1927,776.92-68.97-31.64-83.44-34.09-50.07-116.68-533.09-1,201.812.62--0.0259--1,663.00--0.3205--77.22--
GEVORKYAN as797.48m46.53m1.84bn149.0039.582.105.792.316.016.01103.09113.290.36250.98712.10--2.112.492.513.1357.0336.735.835.811.011.920.5368---1.027.001.0110.657.03--
Gesco SE5.59bn83.39m1.88bn1.71k21.600.59825.870.33680.71290.712947.5525.741.081.667.08301,842.301.704.452.486.3144.8343.781.583.950.86194.590.225538.15-8.37---78.75------
Biesse SpA7.62bn-87.00m1.92bn3.72k----6.030.2524-0.2795-0.279524.60--------170,273.20--2.39--5.4258.8858.67-1.142.26---0.2912--94.26-3.861.35-69.96-22.05-9.76--
Sabaf SpA3.20bn53.49m1.94bn1.78k35.431.125.550.60630.38250.382522.7312.130.80731.984.04180,584.701.784.212.596.0354.7455.222.215.361.0621.440.3784--19.8112.83123.27-6.923.8910.63
MAX Automation SE3.82bn8.40m1.98bn1.54k234.550.913913.270.51680.01810.00518.434.650.9752.034.55189,383.000.21420.23960.29390.401853.6252.390.21960.22681.030.39560.21230.00-7.89-2.9761.56--7.86--
Hexagon Composites ASA3.64bn-1.76bn2.06bn1.02k--0.7586--0.5644-8.08-8.0916.2210.760.58211.537.683,576,963.00-28.07-7.44-32.52-10.2948.5947.80-48.23-12.080.8989-0.0150.3789--7.557.32-5.62--7.36--
Berner Industrier AB1.06bn76.98m2.08bn225.0028.716.6517.621.953.813.8152.8316.461.507.038.014,445,840.0010.856.3718.0113.1841.9539.857.234.480.9108--0.342338.883.907.4895.6018.30-11.8010.76
Aumann AG2.67bn183.23m2.09bn805.0012.250.98038.170.78091.171.1717.1514.610.746.8815.04265,856.305.080.48087.090.672944.4334.626.860.65982.94--0.0267119.497.853.77124.4214.364.04--
StarragTornos Group AG5.66bn-46.69m2.25bn1.89k--0.611820.790.3982-0.6907-0.690783.7154.750.84620.91454.08230,835.90-0.69822.32-1.063.7556.0956.59-0.82512.491.050.8880.151943.5420.803.39-52.9323.0428.69--
Apator SA3.12bn188.41m2.33bn2.30k9.601.246.320.74582.782.7844.2821.461.173.446.05509,457.707.054.4510.517.2126.5123.446.044.030.718814.640.208447.137.976.95797.766.47-0.7026-3.93
Circus SE-1.13tn-1.13tn2.38bn84.00-------------------------------------------------60.38---206.50------
Azkoyen SA2.27bn216.95m2.45bn987.0011.271.737.571.080.790.798.265.140.94832.724.03210,379.709.157.5013.2610.2051.6550.769.648.661.1117.370.184275.963.426.427.272.95-3.29-20.60
Data as of Feb 13 2026. Currency figures normalised to Hexagon Composites ASA's reporting currency: Norwegian Krone NOK

Institutional shareholders

18.82%Per cent of shares held by top holders
HolderShares% Held
MP Pensjon PKas of 21 Apr 202513.71m5.44%
DNB Asset Management ASas of 06 Aug 202510.64m4.22%
Global Alpha Capital Management Ltd.as of 08 May 20259.93m3.94%
Storebrand Asset Management ASas of 30 Nov 20253.75m1.49%
UBS Asset Management Switzerland AGas of 29 Oct 20253.20m1.27%
Arctic Asset Management ASas of 01 Jan 20261.70m0.67%
Financi�re de l'�chiquier SAas of 31 Mar 20251.61m0.64%
Handelsbanken Fonder ABas of 31 Jan 20261.01m0.40%
Dimensional Fund Advisors LPas of 05 Feb 2026992.02k0.39%
Carnegie Investment Bank AB (Investment Management Denmark)as of 31 Dec 2024900.00k0.36%
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Data from 31 Dec 2024 - 30 Jan 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
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