Hexagon Composites ASA

Hexagon Composites ASA

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Hexagon Composites ASAGB flagInternational Order Book
14.80
NOK
+0.77
- -
4.93BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
9.33
12.16
10.68
7.16
8.32
8.81
19.26
15.75
17.25
20.86
22.01
23.17
12.48
10.26
Basic EPS, GAAP
0.66
1.21
0.03
1.22
0.41
0.84
0.61
-0.72
-1.16
-1.52
5.88
-1.33
-4.91
-3.7
Free Cash Flow per Basic Share
0.65
0.51
-1.11
-0.52
-0.46
-1.05
-0.06
-0.91
-1.76
-2.84
-2.28
-1.39
-0.57
-0.57
Dividend per Share
0.15
0.32
0.61
- -
- -
0.29
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
2.56
3.6
3.48
7.88
8.34
9.17
11.61
15.58
15.12
14.55
15.69
16.47
10.28
10.28
Tangible Book Value per Share
1.92
2.98
2.8
4.74
5.09
5.59
0.43
5.63
3.51
2.05
6.97
7.49
3.75
3.75
Basic Weighted Avg Shares
136
136
135
170
169
169
177
195
205
205
205
210
236
235
Sales/Revenue/Turnover
1,272
1,651
1,444
1,221
1,408
1,485
3,404
3,071
3,535
4,287
4,517
4,857
2,944
2,409
Operating Margin (%)
11.17
15.56
2.6
-4.01
7.05
2.06
1.13
-2.23
-4.42
2.37
3.13
7.69
-4.12
-1.54
Depreciation Expense
55
72
55
69
74
77
240
249
263
337
317
284
307
242
Net Income, GAAP
90
165
5
208
69
141
107
-141
-237
-311
1,206
-279
-1,159
-868
Effective Tax Rate (%)
32.5
32.46
- -
33.21
- -
16.16
3.38
- -
- -
76.7
- -
- -
- -
- -
Profit Margin (%)
7.05
9.98
0.32
17.07
4.93
9.52
3.16
-4.58
-6.71
-7.26
26.69
-5.75
-39.38
-36.03
Working Capital
361
415
365
283
265
210
642
2,094
1,634
1,323
-729
1,169
1,321
1,321
LT Debt
446
297
383
432
367
516
1,545
1,437
1,396
1,963
387
1,633
1,697
1,697
Total Equity
349
487
470
1,333
1,412
1,540
2,153
3,596
3,484
3,469
3,214
3,533
2,645
2,645
Return on Invested Capital (%)
13.52
21.48
- -
-2.48
- -
1.3
1.27
- -
- -
0.44
- -
- -
- -
- -
Return on Capital (%)
15.07
23.09
- -
16.28
- -
7.75
6.28
- -
- -
-3.25
- -
- -
- -
- -
Return on Common Equity (%)
29.49
39.41
0.95
23.1
5.06
9.58
5.82
-5.28
-7.55
-10.21
38.86
-8.27
-37.54
-28.1

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
174
- -
54
LT Borrowings
1,443
- -
1,242
LT Finance Leases
471
- -
455
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
212
256
257
Market Capitalization
3,916
2,775
1,971

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
1,888
- -
1,927
Cash, Cash Equivalents & STI
130
- -
228
Accounts Receivable, Net
470
- -
491
Inventories
1,205
- -
1,125
Total Current Liabilities
760
- -
606
Payables & Accruals
- -
- -
- -
ST Debt
174
- -
54
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.93%
-5.22%
-25.14%
Free Cash Flow
154.12%
10.77%
-53.9%
Net Income, GAAP
405.17%
-39.06%
315.35%
Sales/Revenue/Turnover
13.47%
1.98%
-39.39%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
943
1,147
1,249
1,518
4,857
2025
909
671
- -
829
2,944
2026
620
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.77
2.88
0.01
-3.45
-1.33
2025
-3.9
0.25
- -
-0.35
-4.91
2026
-0.21
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Philipp Schramm
Full Time Employees
872
Sector
Basic Materials
Industry
Packaging & Containers
Address
Korsegata 4B Ålesund MR Norway 6002
IPO Date
Sep 24, 2013
Business
Hexagon Composites ASA engages in the development, manufacture, and sale of composite pressure vessels and related systems for energy storage, including hydrogen and other gases, as well as modular, scalable storage solutions for industrial and transportation applications. Primary business activity centers on design, production, testing, and supply of high-pressure composite cylinders, modules, and systems for energy storage, refueling infrastructure, and specialized transport needs; aftersales services and support are provided through maintenance, certification, and refurbishment offerings. Core product families include hydrogen and natural gas pressure vessels; integrated storage modules for industrial and mobility use; complete turnkey hydrogen storage and refueling system components; and associated engineering services, diagnostics, and safety certifications. The company also offers associated components such as fittings, manifolds, valves, and mounting solutions, plus systems engineering, project management, and technical advisory services. Latest major company changes include strategic partnerships and alliances to expand vertical integration and market reach; ongoing acquisitions or minority investments aimed at strengthening manufacturing capacity and technology breadth; launches of new high-capacity or higher-pressure vessels and integrated storage modules; expansion of geographic footprint through new manufacturing sites or regional offices; organizational restructurings to optimize product portfolio and go-to-market strategies; and operational enhancements to increase automation, efficiency, and safety compliance over the past 1–2 years. Additional context: Hexagon Composites operates in the energy storage and distribution equipment sector, with industry segments spanning industrial gas, heavy-duty transport, and energy transition applications; primary customers include gas utilities, industrial gas users, hydrogen supply chains, and commercial fleets, as well as energy and infrastructure developers. The company has a global geographic footprint with manufacturing, assembly, and sales activities in multiple regions, including Europe, North America, and Asia, and maintains subsidiaries and affiliated entities within its corporate group structure; headquarters are located in Oslo, Norway, with founding year in the early 1990s.