Hexatronic Group AB (HTRO) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Hexatronic Group AB stock SEK 39.01, price SEK 36.41, upside +7.1%, quality 44 out of 100. Rating: fairly valued. Calculated from audited financials with 10 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range kr 16.70 – kr 164.04 · fair‑value band kr 23.17 – kr 74.71 · the kr 36.41 price screens below the kr 39.01 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
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Hexatronic Group AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells fiber communication solutions in Sweden, the United States, Germany, the United Kingdom, and internationally.
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The company offers cables; cable assemblies; accessories for cables and ducts; joint closures; cabinets and pedestals; enclosures and outlets; chambers and handholes; discreet MDU cabling system; distribution frames and rack systems; microducts and microduct assemblies; splitters and other passive devices; fiber optic accessories; installation and test; hexatronic inone powered fiber system; and 5G and wireless infrastructure solutions.
It also provides Fibre To The Home (FTTH) and fibre access; transport and metro networks; power industry communications; and security infrastructure solutions. The company serves telecom operators, network owners and contractors, and installation companies.
Hexatronic Group AB (publ) was incorporated in 1972 and is based in Gothenburg, Sweden.
Stock analysis
Hexatronic Group AB (HTRO) currently trades at kr 36.41, while our model-based Fair Value estimate is kr 39.01, so the stock looks roughly fairly valued today (gap 6.7%).
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Valuation
Bull case: the DCF Models group reads highest at a median of kr 41.82 per share, and 5 of the 10 models we run sit above the kr 36.41 price.
Bear case: the Growth DCF group reads lowest at kr 28.02, and 5 of the 10 models stay below the price. Data coverage for this calculation is medium.
Scenario range: kr 23.17 (bear) to kr 74.71 (bull), the price of kr 36.41 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 44/100 (below-average quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Hexatronic Group AB reported revenue of 7.2B SEK in FY2025 versus 3.5B SEK in FY2021, a compound +20.0%/yr. Reported net income was −14.0M SEK in FY2025.
Key figures
Market cap 7.7B SEK (≈ $783M) Small · P/E ratio 22.6 · P/S ratio 0.93 · EPS (TTM) kr 1.61 · Net margin 4.2% · Return on equity 8.1% · Return on assets (EBIT) 8.6% (5-year average) · Operating margin 13.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 40 out of 100 (low confidence).
What moves the price
The share trades about 25% below its 52-week high and 118% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −45% fair-value upside, at 7%, HTRO screens cheaper than that median.
Fair Value models
Bearkr 23.17Fair Value kr 39.01Bullkr 74.71
Price kr 36.41 · Upside +7.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (kr 1.38 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.70/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−4.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+28.3%
Start year 2020 (pandemic). Over 10 years: +27.7% a year
Revenue growth 18 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+32.9%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
8.5% (2020) → 1.0% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
Price in line with expectations
The price assumes less growth than the company has delivered so far and about what analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+13.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+11.3%
Yearly sales growth analysts expect, extended to five years.
After inflation (Sweden: IMF forecast 2.0% a year to 2030, 2.9% from 2016 to 2025) that is about +11.6% a year for the price and +9.2% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (56 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Communication Equipment · 303 stocks
Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score44 · Below median
Fair Value upside+7.1% · Above median
Profitability
Return on equity (12 months)8.1% · Above median
Return on assets−0.2% · Below median
Net margin (12 months)4.2% · Above median
Operating margin (12 months)13.1% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)32.7% · Above median
Balance sheet
Debt / equity0.64× · Highest 25%
Valuation Multiplesvs Communication Equipment median · lower = cheaper
P/E (12 months)22.6× · Cheaper than median
P/B2.25× · Pricier than median
P/S (12 months)0.93× · Cheaper than median
Price / free cash flow (fiscal year)15.9× · Cheaper than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Hexatronic Group AB Fair Value". https://www.fairvalue-calculator.com/stock/HTRO
Frequently asked questions
Is Hexatronic Group AB (HTRO) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of kr 39.01 versus a price of kr 36.41, about +7% upside (fairly valued).
What is the fair value of HTRO?
Our model-based fair value for Hexatronic Group AB is kr 39.01 (as of Nov 6, 2026), built from audited fundamentals. The current price: kr 36.41.
What is the quality score of HTRO?
Hexatronic Group AB has a Quality Score of 44/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Hexatronic Group AB (HTRO)?
Our model-based price target is the fair value of kr 39.01 (as of Nov 6, 2026) from 10 valuation models. Cautious scenario kr 23.17, optimistic scenario kr 74.71. It is a calculation from audited fundamentals, not an analyst target.
What is the Hexatronic Group AB stock forecast for 2026?
Our models put fair value at kr 39.01, about +7% upside versus a price of kr 36.41 (fairly valued). Cautious scenario kr 23.17, optimistic scenario kr 74.71. The calculation is refreshed regularly with new filings.
What is the revenue of Hexatronic Group AB (HTRO)?
Hexatronic Group AB reported trailing-twelve-month revenue of about 8.3B SEK (latest available figure, as of Nov 6, 2026).
What growth is priced into Hexatronic Group AB (HTRO)?
For today's price to be fair in a discounted-cash-flow model, Hexatronic Group AB would have to grow free cash flow by +13.8 % per year for five years (discount rate 11.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +28.3 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of HTRO use?
Our models discount Hexatronic Group AB at 11.7 %: a base by market capitalisation (small), damped by beta 1.26, country premium for Sweden. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Hexatronic Group AB that is +13.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.7 %) and the same formula as our fair value.
How much growth has Hexatronic Group AB (HTRO) delivered so far?
Over the past 5 years revenue at Hexatronic Group AB grew +28.3 % a year. The price currently implies free-cash-flow growth of +13.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Hexatronic Group AB (HTRO) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Hexatronic Group AB (+13.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Hexatronic Group AB (HTRO)?
The free-cash-flow yield on the price is 6.19 %: that much free cash flow Hexatronic Group AB produces per unit of market value. When it exceeds the discount rate of our models (11.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Hexatronic Group AB (HTRO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hexatronic Group AB it is kr 39.01 per share (as of Nov 6, 2026), against a price of kr 36.41. It is the blended result of 10 valuation models in 4 families (DCF Models, Multiples, Asset-Based, Growth DCF).
Is Hexatronic Group AB stock overvalued or undervalued in 2026?
As of Nov 6, 2026, HTRO trades below its calculated fair value: price kr 36.41, fair value kr 39.01, a gap of about +7% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of HTRO?
No. The price is what the market pays today (kr 36.41); the fair value is what the company's own numbers justify (kr 39.01). For Hexatronic Group AB the two are kr 2.60 per share apart. That gap is exactly why we show both numbers side by side.
How much is Hexatronic Group AB worth?
The market values Hexatronic Group AB at about 7.7B SEK (market capitalisation, as of Nov 6, 2026). Per share that is kr 36.41; our models calculate a fair value of kr 39.01 per share.
What do the bullish and bearish scenarios say about HTRO?
Our models span a range for Hexatronic Group AB: cautious scenario kr 23.17, base kr 39.01, optimistic kr 74.71 per share (as of Nov 6, 2026, price kr 36.41). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of HTRO?
Hexatronic Group AB trades at a price-to-earnings ratio of 22.6 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of kr 39.01 is built from several models across several years. Other multiples: P/B 2.3, P/S 0.9, EV/EBITDA 12.0.
How solid is the balance sheet of Hexatronic Group AB (HTRO)?
Balance-sheet figures for Hexatronic Group AB (as of Nov 6, 2026): return on equity 8.1%, debt of 0.64 per unit of equity. They feed the Quality Score of 44/100, which measures business quality independently of the share price.
How far is HTRO from its 52-week high?
Hexatronic Group AB trades at kr 36.41, about 25% below its 52-week high of kr 48.58 and 118% above the low of kr 16.70 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of kr 39.01 is for.
Which stocks are comparable to Hexatronic Group AB?
From the same area (Technology) we also value Cisco Systems, Inc, Foxconn Industrial Internet Co, Zhongji Innolight Co, Motorola Solutions, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Hexatronic Group AB stock attractive at the current price?
The data as of Nov 6, 2026: price kr 36.41, calculated fair value kr 39.01 (+7%), Quality Score 44/100, from 10 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of HTRO calculated?
We run Hexatronic Group AB through 10 models from 4 families: DCF Models, Multiples, Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of kr 39.01 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Hexatronic Group AB currently trades 7% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Hexatronic Group AB (HTRO)?
The closing price on Nov 6, 2026 was kr 36.41. Our model-based fair value is kr 39.01, about +7% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hexatronic Group AB right now?
The model range is unusually wide (kr 23.17 to kr 74.71). The outcome hinges heavily on assumptions, so read the point estimate with caution. The price sits close to our fair value, market and models broadly agree here, little valuation tension.
Where does the earnings growth of Hexatronic Group AB (HTRO) come from?
Earnings per share at Hexatronic Group AB grew +25.6 % a year from 2014 to 2025. Broken into its drivers: revenue per share +22.6 %, EBIT margin +3.1 %, tax rate −0.6 %, residual (interest, one-offs) −0.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Hexatronic Group AB
How large is the market capitalisation of Hexatronic Group AB (HTRO)?
The market capitalisation of Hexatronic Group AB is 7.7B SEK (≈ $783M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Hexatronic Group AB (HTRO)?
The price-to-sales ratio of Hexatronic Group AB is 0.93 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Hexatronic Group AB (HTRO)?
Earnings per share at Hexatronic Group AB are kr 1.61 (price ÷ EPS = P/E 22.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Hexatronic Group AB (HTRO)?
The net margin of Hexatronic Group AB is 4.2% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Hexatronic Group AB (HTRO)?
The return on equity (ROE) of Hexatronic Group AB is 8.1% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Hexatronic Group AB (HTRO)?
On an EBIT basis the return on assets of Hexatronic Group AB is 8.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Hexatronic Group AB (HTRO)?
The operating margin of Hexatronic Group AB is 13.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hexatronic Group AB (HTRO)?
Revenue at Hexatronic Group AB is growing +32.7% versus a year earlier (3y avg +3.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Hexatronic Group AB (HTRO)?
Earnings per share at Hexatronic Group AB are growing +61.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Hexatronic Group AB (HTRO) carry?
The net debt of Hexatronic Group AB is 2.0B SEK (fiscal year 2025, ≈ 4.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 6, 2026