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Hexagon ABFRA:HXG +3.36%88 Debt-to-EBITDA is 1.50 as of Jun. 2026, which is 24% below its 10-year median of 1.98. GuruFocus rates FRA:HXG with a GF Score™ of 88/100 and a GF Value™ of €6.85 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,790 Hardware companies, Hexagon AB ranks better than 65.92% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Hexagon AB's Debt-to-EBITDA or its related term are showing as below:
FRA:HXG'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.82 Med: 1.98 Max: 2.39
Current: 0.82
During the past 13 years, the highest Debt-to-EBITDA Ratio of Hexagon AB was 2.39. The lowest was 0.82. And the median was 1.98.
FRA:HXG's Debt-to-EBITDA is ranked better than 65.92% of 1790
companies
in the Hardware industry
Industry Median: 1.71
vs FRA:HXG: 0.82
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Hexagon AB Debt-to-EBITDA Related Terms
Hexagon AB Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Hexagon AB's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:HXG vs COHR, KEYS, GRMN: Debt-to-EBITDA Comparison
For the Scientific & Technical Instruments subindustry, Hexagon AB's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hexagon AB Debt-to-EBITDA vs Hardware Industry
For the Hardware industry and Technology sector, Hexagon AB's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Hexagon AB's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Hexagon AB (FRA:HXG) has a Debt-to-EBITDA of 1.50 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Hexagon AB. This is 24% below median its historical median of 1.98. Over the past decade, Hexagon AB's Debt-to-EBITDA has ranged from 0.82 to 2.39. According to the industry distribution chart, Hexagon AB ranks #610 out of 1790 companies in the Hardware industry, placing it in the top 34.1%.
Is Hexagon AB's Debt-to-EBITDA too high?
Hexagon AB's current Debt-to-EBITDA of 1.50 is 24% below median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 2.39. The Hardware industry median Debt-to-EBITDA is 1.71. Hexagon AB's value of 1.50 is 12.3% below this industry median. Based on the distribution chart, Hexagon AB ranks #610 out of 1790 companies in the Hardware industry, which is above the industry midpoint. Overall, Hexagon AB has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hexagon AB's Debt-to-EBITDA compare to COHR and KEYS?
According to the Hardware industry distribution chart, Hexagon AB ranks #610 out of 1790 companies for Debt-to-EBITDA. This puts Hexagon AB in the upper half of its industry. The industry median Debt-to-EBITDA is 1.71. Hexagon AB's value of 1.50 is 12.3% below this benchmark. Historically, Hexagon AB's own Debt-to-EBITDA has ranged from 0.82 to 2.39 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 1.71, Hexagon AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Hardware company?
The median Debt-to-EBITDA among Hardware companies is 1.71, based on 1,790 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hexagon AB's current Debt-to-EBITDA of 1.50 is 12.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Hexagon AB. For the Hardware industry, the median Debt-to-EBITDA is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexagon AB's current Debt-to-EBITDA is 1.50, which is 24% below median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexagon AB stock overvalued right now?
Based on GuruFocus' analysis, Hexagon AB (FRA:HXG) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.85, compared to a current price of €9.16 — trading 33.7% above its estimated fair value. The current Debt-to-EBITDA is 1.50, which is 24% below median its 10-year median of 1.98 and 12.3% below the Hardware industry median of 1.71. Hexagon AB's overall GF Score™ is 88/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Hexagon AB (FRA:HXG), the current Debt-to-EBITDA is 1.50 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hexagon AB (FRA:HXG) Overvalued in 2026?
Based on GuruFocus' analysis, Hexagon AB stock appears to be overvalued.
The current stock price of €9.16 is trading 33.7% above its estimated GF Value™ of €6.85.
GuruFocus considers Hexagon AB to be Significantly Overvalued.
Key valuation signals for FRA:HXG:
Debt-to-EBITDA: 1.50 (24% below median its 10-year median of 1.98)
GF Value™: €6.85 vs. price of €9.16 (33.7% above fair value)
Industry Position: 12.3% below the Hardware median (#610 of 1790)
No single metric tells the full story. See the FRA:HXG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hexagon is the global leader in digital reality solutions, combining hardware such as sensors and measuring devices, software, and services. Customers are mainly in heavy industry, such as oil and gas, mining, construction, manufacturing, chemicals, and agriculture. Major products include measuring technology, mapping tools, and software. Around 40% of revenue is generated in the Americas, 35% in Europe, the Middle East, and Africa, and the rest in Asia.
88GF Score
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