Hexagon AB Unsponsored ADR HXGBY

 — 
9.91 0.09 0.92% as of 25 Sep
Market cap
—
P/E
42.0×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership —

Capital & Financial Ratios

Market Cap —
Revenue 5,537.58
Net Income 2,796.58
Free Cash Flow 984.41
Net Debt 506.94
Current Ratio 1.53
Debt/Equity 0.46
P/E ratio 42.02
P/S ratio 4.81
P/B ratio 2.29
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2026 1.78
0.16
1.61
2025 0.15
0.15
2024 0.14
0.14
2023 0.13
0.13
2022 0.12
0.12
2021 0.77
0.77
2020 0.73
0.73
2019 0.67
0.67
2018 0.65
0.65
2017 0.51
0.51
2016 0.47
0.47
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 592 718 858 2,513
Receivables 1,537 1,652 1,437 1,178
Inventory 633 613 610 696
Other — — — —
2,979 3,194 4,387 4,555
2023 2024 2025 Q'26
Payables 312 355 370 373
ST’ Debt 1,126 722 1,856 1,068
Other 469 343 409 655
3,338 3,008 4,333 2,982
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 7.38% 4.12%
Cash Flow — — —
Earnings — (0.42%) (13.03%)
Book Value — — —

Revenue

Mar Jun Sep Dec Year
’26 1,128 1,221 — — —
’25 1,394 1,555 1,523 1,666 6,137
’24 1,411 1,457 1,429 1,546 5,845
’23 1,379 1,486 1,469 1,546 5,883
’22 1,301 1,366 1,327 1,431 5,438
’21 1,179 1,296 1,270 1,384 5,136
’20 982 987 1,099 1,238 4,300
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 365 333 — — —
’25 325 502 417 415 1,660
’24 397 432 366 523 1,719
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 243 241 — — —
’25 162 320 222 279 983
’24 238 266 193 348 1,045
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.70 (0.54) — — —
’25 0.07 0.09 (0.01) 0.10 0.26
’24 0.10 0.10 0.10 0.12 0.41
’23 0.10 0.10 0.03 0.11 0.34
’22 0.08 0.10 0.10 0.11 0.39
’21 0.09 0.11 0.10 0.06 0.36
’20 0.06 0.03 0.09 0.09 0.27
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
4.64 5.21 6.26 6.17 4.83 11.77 8.49 7.82 8.14 8.51

Analyst estimates 2026–2028

Powerpack
Low Price
6.25 7.47 8.97 8.76 13.21 17.58 16.05 12.54 12.35 12.85
High Price
— — — — — — — 24,548 24,802 16,118
Employees
— — 0 0 0 0 0 0 0 0
Revenue/Emp
— — 4,443 4,377 4,300 5,136 5,438 5,883 5,845 6,137
Revenue
— — 100.00% 100.00% 100.00% 100.00% 100.00% 65.19% 66.83% 66.30%
Gross Margin
— — 4,443 4,377 4,300 5,136 5,438 1,148 1,366 898
EBT
— — 100.00% 100.00% 100.00% 100.00% 100.00% 19.52% 23.37% 14.63%
EBT Margin
— — 0 0 0 0 0 1,316 1,550 1,046
Net Income
— — — — — — — 609 625 895
Depreciation
— — 1.76 1.71 1.65 1.95 2.02 2.19 2.18 2.29
Revenue/Sh
— — 0.34 0.31 0.27 0.36 0.39 0.35 0.41 0.26
Earnings/Sh
— — 0.00 0.00 0.00 0.00 0.00 0.55 0.64 0.62
Cash Flow/Sh
— — 0.00 0.00 0.00 0.00 0.00 (0.24) (0.25) (0.25)
Capex/Sh
— — 0.00 0.00 0.00 0.00 0.00 0.31 0.39 0.37
Free CF/Sh
— — 0.00 0.00 0.00 0.00 0.00 4.05 4.51 4.32
Book Value/Sh
— — 2,527 2,554 2,603 2,630 2,693 2,688 2,684 2,684
Shares
— — 19.68 25.92 46.72 43.56 27.15 34.18 22.55 45.84
PE Ratio
— — 3.82 4.66 7.75 8.54 5.25 5.31 4.35 5.13
PS Ratio
— — 0.00 0.00 0.00 0.00 0.00 2.87 2.10 2.72
PB Ratio
— — 3.82 4.66 7.75 8.54 5.25 5.95 4.92 5.74
EV/Sales
— — 0.00 0.00 0.00 0.00 0.00 0.00 27.54 35.85
EV/FCF
— — — — — — — 1,483 1,719 1,660
Op' Cash Flow
— — — — — — — (648) (673) (677)
Capex
— — — — — — — 836 1,045 983
FCF
— — — — — — — (360) 185 54
Working Cap'
— — — — — — — 4,355 4,077 4,590
Total Debt
— — — — — — — 3,763 3,359 3,732
Net Debt
— — — — — — — 10,873 12,115 11,604
Sh' Equity
— — 0.00% 0.00% 0.00% 0.00% 0.00% 10.17% 5.89% 3.61%
ROA
— — 0.00% 0.00% 0.00% 0.00% 0.00% 5.62% 6.26% 4.26%
ROIC
— — 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 9.63% 5.89%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Hexagon AB Unsponsored ADR (HXGBY) key facts

  • Hexagon AB Unsponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $6.1 billion, up 5.01% from fiscal 2024.
  • Net income was $1.0 billion, or $0.26 per share (basic), a net margin of 11.4%.
  • Return on equity was 5.89% and debt-to-equity 0.46.

Source: company filings (standardised) and stockrow calculations.

Hexagon AB Unsponsored ADR (HXGBY) Latest News

News by impact score

Fine-tune

29 Jul

4 transcript

Hexagon AB posted strong organic growth and impressive cash flow in Q2 2026 earnings call. Strong organic growth and cash metrics in earnings directly boost Hexagon AB outlook and investor sentiment.

3

Hexagon AB released interim report for period 1 January to 30 June 2026 covering financial results and operations. Standard interim financial report delivers performance data that can shift near-term investor views without major strategic overhaul.

15 Jun

3

RBC Capital Markets states Octave Intelligence growth for Hexagon AB will take time amid SaaS model transition. SaaS transition commentary signals moderate effects on Hexagon performance and investor views.

28 May

4

Hexagon AB debuts on Nasdaq via Unsponsored ADR (HXGBY), establishing trading access for the global firm headquartered in Alabama. Nasdaq listing delivers major strategic visibility and liquidity gains that can shift investor access and valuation trajectory for HXGBY.

24 Apr

4

Hexagon AB delivered strong organic growth and strategic initiatives in Q1 2026 earnings call highlights. Strong organic growth and strategic developments in Q1 2026 earnings signal major positive shifts in financial performance and competitive positioning.

13 Apr

4

Hexagon AB agrees to acquire Waygate for $1.45 billion to expand its inspection technology capabilities. The $1.45 billion Waygate acquisition represents a major strategic expansion in inspection technology, boosting Hexagon's competitive positioning and growth prospects.

4

Hexagon AB to acquire Waygate Technologies, entering the non-destructive testing market to broaden its industrial sensor solutions portfolio. Acquisition marks major strategic expansion into non-destructive testing, enhancing diversification and growth prospects.

4

Baker Hughes announces the sale of its Waygate Technologies business, a provider of nondestructive testing and digital inspection solutions, to Hexagon AB. Hexagon's acquisition of Waygate Technologies significantly bolsters its industrial sensing portfolio and competitive edge in digital reality solutions.

3 Apr

4

Ola Rollén's abrupt exit from Hexagon AB CEO role spotlights governance flaws, board tensions, activist investor pressures, and overvaluation risks amid stagnant growth and recent acquisitions. Leadership transition exposes governance weaknesses and valuation doubts, poised to sway investor sentiment and stock trajectory significantly.

1 Apr

4

Humanoid robots provide Europe a pathway to compete in the global tech race, with Hexagon AB advancing sensor and software technologies critical for development and deployment. Hexagon AB's push into humanoid robots strengthens its strategic role in Europe's tech competitiveness, potentially driving revenue growth and investor interest.

26 Mar

4

Octave held an Investor Day ahead of its planned spin-off from Hexagon AB. Planned spin-off of Octave signals major strategic restructuring with potential to reshape Hexagon AB's focus and valuation.

3

Xona closed a $170 million Series C funding round to lead the next era of global navigation with its low-Earth orbit satellite constellation. Xona's major funding accelerates development of a new PNT network, posing moderate competitive pressure on Hexagon's GNSS and positioning technologies.

24 Mar

4

Hexagon AB proposes distributing shares of Octave Intelligence plc to its shareholders and listing the entity on Nasdaq Stockholm, while providing an update on the planned spin-off of its geospatial intelligence software business. Spin-off and distribution of Octave Intelligence plc constitutes a major strategic restructuring likely to reshape Hexagon's portfolio, valuation, and investor perception.

17 Mar

4

Cadence bolsters AI system design strategy through a deal with Hexagon AB and alliance with NVIDIA. Hexagon's partnership with Cadence and NVIDIA alliance represents a major strategic expansion into AI system design.

1 Mar

3

Hexagon AB integrates Multivista's Revizto into its construction workflow, prompting a valuation check for HXGBY amid enhanced digital solutions for the sector. Workflow integration bolsters construction tech capabilities, likely influencing product innovation and competitive positioning with moderate effect.

23 Feb

4

Hexagon AB completes sale of its Design & Engineering business, streamlining operations and focusing on core sensor technologies and software solutions. Sale of Design & Engineering business is a major strategic divestiture expected to refocus resources on core operations and positively impact financial performance.

4

Cadence completes acquisition of Hexagon’s Design and Engineering Business, strengthening its leadership in Physical AI and multiphysics. Divestiture of Hexagon’s Design and Engineering Business to Cadence marks a major strategic realignment with potential to reshape revenue streams and operational focus.

11 Feb

4

Red Bull Ford Powertrains has integrated Hexagon technology into its first-ever Formula 1 powertrain, aiming to enhance performance and efficiency. This collaboration highlights Hexagon's role in advancing automotive engineering and showcases its innovative solutions in high-performance applications. The partnership with Red Bull Ford Powertrains represents a significant strategic move that could enhance Hexagon's market positioning and investor sentiment.

3 Feb

3

ETQ has been recognized as a leader in the Gartner Magic Quadrant for Quality Management System Software 2026, highlighting its strong performance and innovation in the quality management sector. This recognition positions ETQ favorably within the industry, potentially enhancing its market presence and customer trust. Recognition in the Gartner Magic Quadrant can moderately influence ETQ's competitive positioning and market sentiment.

31 Jan

3

Hexagon AB has reported a profit drop and is undergoing a restructuring process, raising concerns about its investment case. The company is focusing on improving operational efficiency and adapting to market changes, but the impact of these changes on future performance remains uncertain. Investors are closely monitoring how these developments will affect Hexagon's competitive positioning and financial health. The restructuring and profit drop may moderately influence Hexagon's financial performance and market sentiment.

30 Jan

4

Hexagon AB reported its Q4 2025 earnings, highlighting strategic acquisitions and ongoing innovation efforts. The company emphasized its commitment to enhancing product offerings and expanding market presence through targeted investments. Key financial metrics showed positive growth, reflecting the effectiveness of recent strategies. Management expressed optimism about future prospects, driven by technological advancements and a robust pipeline of projects. Strategic acquisitions and innovation initiatives are likely to significantly impact Hexagon AB's future performance and market positioning.

27 Jan

4

ETQ has launched Reliance AI™, an intelligent quality management ecosystem designed to enhance operational efficiency and product quality. This new platform integrates advanced AI capabilities to streamline quality processes, enabling organizations to proactively manage quality issues and improve compliance. The system aims to provide real-time insights and analytics, fostering a culture of continuous improvement across various industries. ETQ's initiative is expected to significantly impact quality management practices, positioning the company as a leader in the market. The introduction of Reliance AI™ represents a significant strategic move that could enhance Hexagon AB's competitive positioning in quality management solutions.

3

Revizto has expanded its leadership team and introduced a CIO Advisory Program to support its rapid growth. The new initiatives aim to enhance strategic direction and improve service offerings, positioning the company for increased market competitiveness and innovation. The leadership expansion and advisory program may moderately influence Revizto's operational effectiveness and market positioning.

13 Jan

3

Enrique Patrickson has been appointed as the new Chief Financial Officer of Hexagon AB. His extensive experience in finance and leadership roles is expected to enhance the company's financial strategy and operations. A new CFO can moderately influence financial performance and strategic direction.

7 Jan

4

Hexagon Robotics has announced a collaboration with Microsoft aimed at advancing humanoid robot technology. This partnership is expected to leverage Microsoft's expertise in artificial intelligence and cloud computing to enhance the capabilities of Hexagon's robotic systems. The collaboration signifies a strategic move to innovate in the robotics sector, potentially leading to new product developments and improved functionalities in humanoid robots. The collaboration with Microsoft is a significant strategic move that could enhance Hexagon's product offerings and competitive positioning in the robotics market.

25 Dec

3

Kennametal has integrated its Cloud Tool Library with Hexagon's solutions, enhancing tool management and efficiency for users. This collaboration aims to streamline operations and improve productivity in manufacturing processes. Shareholders may benefit from increased competitiveness and innovation in Hexagon's offerings as a result of this partnership. The integration is expected to moderately influence Hexagon's competitive positioning and product innovation.

16 Dec

4

Hexagon AB has acquired new industrial AI capabilities aimed at enhancing asset monitoring. This strategic move is expected to bolster the company's offerings in the industrial sector, allowing for improved efficiency and data-driven decision-making in asset management. The integration of AI technologies is anticipated to strengthen Hexagon's competitive position and drive innovation in its product lineup. Acquiring industrial AI capabilities is a significant strategic move that could enhance Hexagon's market position and product offerings.

15 Dec

4

Kennametal and Hexagon AB have announced a partnership aimed at enhancing machining processes through advanced technology. The collaboration focuses on delivering faster and smarter machining solutions, leveraging both companies' expertise in manufacturing and engineering. This initiative is expected to improve efficiency and productivity in machining operations, benefiting customers across various industries. The partnership is a significant strategic move that could enhance product offerings and competitive positioning in the machining sector.

3

Hexagon AB continues to show growth, but recent share price momentum has slowed. Analysts are conducting a valuation check to assess the company's performance and future prospects amidst changing market conditions. Investors are advised to consider these factors when evaluating Hexagon's stock. Current growth trends and share price fluctuations indicate a moderately noticeable influence on Hexagon's future performance.

11 Dec

3

ETQ has been recognized as a front runner in the LNS Research Enterprise Quality Management Software Solution Selection Matrix for 2025, highlighting its strong position in the quality management software market. This recognition underscores ETQ's capabilities and competitive edge in delivering effective solutions for enterprise quality management. Recognition in a leading industry matrix may enhance ETQ's market position and influence Hexagon AB's competitive landscape.

stockrow.com/HXGBY · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com