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Hexagon AB (HEXA-B) Fair Value & Analysis

Technology · SE · Market cap 229B SEK

HA Hexagon AB HEXA-B · ST
Pricekr 80.10
Fair Valuekr 46.10
Upside-42.5%
Quality54/100
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Evidence: High Range kr 33.62 – kr 57.63

Fair value as of: Jul 16, 2026

From 24 valuation models · updated yesterday

Fair value updated Jul 16, 2026, revised from kr 46.90 to kr 46.10 (−1.7%) since Jun 24, 2026. Share price −0.1% over the past month.

Price vs Fair Value (12 months)

kr 119.34 kr 72.66 Fair Value kr 46.10 Jul 2025 Jul 2026

12‑month range kr 72.66 – kr 119.34 · fair‑value band kr 33.62 – kr 57.63 · the kr 80.10 price screens above the kr 46.10 fair value. As of Jul 16, 2026.

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Analysis

Hexagon AB (HEXA-B) currently trades at kr 80.10, while our model-based Fair Value estimate is kr 46.10, implying the stock looks roughly 42.5% overvalued today. We read business quality at 54/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Hexagon AB generated revenue of 5.4B SEK at a net margin of 37.5%. Revenue grew 0.2% year over year. It earns a return on equity of 17.9%. Net debt stands at 3.5B SEK. Fundamentals as of Jul 16, 2026

Our scenario range runs from kr 33.62 (bear case) to kr 57.63 (bull case); at kr 80.10, the current price sits above that range. The share trades about 34% below its 52-week high and 12% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -63% fair-value upside, at -42%, HEXA-B screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 5.4B SEK
Revenue growth (YoY) +0.2%
Net margin 37.5%
Return on equity 17.9%
Free cash flow 1.0B SEK FY2025
P/E ratio 10.3
More key figures
Operating margin 24.1%
EPS (TTM) kr 8.26
Dividend yield 0.2%
EPS growth (YoY) +744%
Net debt 3.5B SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 16, 2026. TTM = trailing twelve months.

About the company

Hexagon AB (publ) provides geospatial and industrial enterprise solutions worldwide. It operates in Manufacturing Intelligence, Geosystems, Autonomous Solutions and Octave segments. The company provides autonomy and perception, enterprise software for farms, GNSS positioning, and machine control; airborne and mobile mapping, geospatial content, laser scanning, ERIDAA imagin, lucaid, and M.app enterprise; and asset lifecycle information management, design and visualization, engineering and schematics, enterprise project performance, operations and maintenance, OT/ICS cyber security, and smart digital reality, as well as procurement, fabrication, and construction services. It offers automated measurement systems, CAD/CAM and production software, CAE software, coordinate measuring machines, metrology software, portable measuring systems, quality assurance software, and service and support services. In addition, the company provides evaluation, planning and design; drill and blast; …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hexagon AB reported revenue of kr 5.4B in FY2025 versus kr 4.3B in FY2021, a compound +5.7%/yr. Reported net income was kr 617M in FY2025, compounding −6.3%/yr from FY2021.

Revenue +5.7%/yr
FY21 kr 4.3B
FY22 kr 5.2B
FY23 kr 5.4B
FY24 kr 5.4B
FY25 kr 5.4B
Net income −6.3%/yr
FY21 kr 802M
FY22 kr 1.0B
FY23 kr 859M
FY24 kr 1.0B
FY25 kr 617M

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Cite: Fair Value Calculator (2026). "Hexagon AB Fair Value". https://www.fairvalue-calculator.com/stock/HEXA-B

Recent news

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Frequently asked questions

Is Hexagon AB (HEXA-B) undervalued?
As of Jul 16, 2026, our model estimates a fair value of kr 46.10 versus a price of kr 80.10, about −42% (overvalued). Model-based estimate, not financial advice.
What is the fair value of HEXA-B?
Our model-based fair value for Hexagon AB is kr 46.10 (as of Jul 16, 2026), built from audited fundamentals. The current price is kr 80.10.
What is the quality score of HEXA-B?
Hexagon AB has a Quality Score of 54/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Hexagon AB (HEXA-B)?
Hexagon AB reported trailing-twelve-month revenue of about 5.4B SEK (latest available figure, as of Jul 16, 2026).
What is the net profit margin of HEXA-B?
The net profit margin of Hexagon AB is about 37.5%, meaning it keeps roughly 37.5% of revenue as net income. Based on the latest reported figures.
Does Hexagon AB pay a dividend?
Hexagon AB currently shows a dividend yield of about 0.16% relative to its recent price (as of Jul 16, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.