Hexagon Composites ASA (OSL:HEX) E10: kr-0.17 (As of Dec. 2025)


OSL:HEX Hexagon Composites ASA OSL:HEX
71 GF Score
Price kr8.53
GF Value kr11.97
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hexagon Composites ASA E10?

Hexagon Composites ASA OSL:HEX +2.65% 71 E10 is kr-0.17 as of Dec. 2025. GuruFocus rates OSL:HEX with a GF Score™ of 71/100 and a GF Value™ of kr11.97 (Modestly Undervalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Hexagon Composites ASA's adjusted earnings per share data for the three months ended in Dec. 2025 was kr-0.352. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-0.17 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Hexagon Composites ASA's average E10 Growth Rate was -154.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Hexagon Composites ASA was 6.90% per year. The lowest was -33.60% per year. And the median was -4.00% per year.

As of today (2026-06-26), Hexagon Composites ASA's current stock price is kr8.53. Hexagon Composites ASA's E10 for the quarter that ended in Dec. 2025 was kr-0.17. Hexagon Composites ASA's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Hexagon Composites ASA was 415.31. The lowest was 18.52. And the median was 49.41.


Hexagon Composites ASA  (OSL:HEX) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of Hexagon Composites ASA was 415.31. The lowest was 18.52. And the median was 49.41.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Hexagon Composites ASA E10 Related Terms


Hexagon Composites ASA E10 Historical Data

* Premium members only.

The historical data trend for Hexagon Composites ASA's E10 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.

Hexagon Composites ASA E10 Chart

Hexagon Composites ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.17 0.61 0.31 -0.17

Hexagon Composites ASA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 -0.11 -0.08 -0.12 -0.17

OSL:HEX vs SW, PKG, AMCR: E10 Comparison

For the Packaging & Containers subindustry, Hexagon Composites ASA's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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 Composites ASA Shiller PE Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hexagon Composites ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hexagon Composites ASA's Shiller PE Ratio falls into.


OSL:HEX
71GF Score
Hexagon Composites ASA OSL:HEX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexagon Composites ASA E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Hexagon Composites ASA's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.352/139.1000*139.1000
=-0.352

Current CPI (Dec. 2025) = 139.1000.

Hexagon Composites ASA Quarterly Data

per share eps CPI Adj_EPS
201603 0.003 102.500 0.004
201606 0.089 103.800 0.119
201609 -0.063 104.200 -0.084
201612 1.202 104.400 1.602
201703 0.039 105.000 0.052
201706 0.089 105.800 0.117
201709 0.097 105.900 0.127
201712 0.186 106.100 0.244
201803 0.137 107.300 0.178
201806 0.373 108.500 0.478
201809 0.192 109.500 0.244
201812 0.137 109.800 0.174
201903 0.391 110.400 0.493
201906 -0.147 110.600 -0.185
201909 0.299 111.100 0.374
201912 0.068 111.300 0.085
202003 0.332 111.200 0.415
202006 -0.416 112.100 -0.516
202009 -0.227 112.900 -0.280
202012 -0.409 112.900 -0.504
202103 -0.459 114.600 -0.557
202106 -0.352 115.300 -0.425
202109 -0.313 117.500 -0.371
202112 -0.400 118.900 -0.468
202203 -0.547 119.800 -0.635
202206 -0.567 122.600 -0.643
202209 -0.391 125.600 -0.433
202212 -0.413 125.900 -0.456
202303 -0.831 127.600 -0.906
202306 10.655 130.400 11.366
202309 -0.743 129.800 -0.796
202312 -3.949 131.900 -4.165
202403 -0.772 132.600 -0.810
202406 2.786 133.800 2.896
202409 0.010 133.700 0.010
202412 -3.451 134.800 -3.561
202503 -3.900 136.100 -3.986
202506 0.244 137.800 0.246
202509 -0.782 138.500 -0.785
202512 -0.352 139.100 -0.352

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of kr-0.17 mean?
Hexagon Composites ASA (OSL:HEX) has a E10 of kr-0.17 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hexagon Composites ASA and its competitors.
Is Hexagon Composites ASA's E10 too high?
Hexagon Composites ASA's current E10 is kr-0.17. Overall, Hexagon Composites ASA has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hexagon Composites ASA's E10 compare to SW and PKG?
Hexagon Composites ASA's E10 of kr-0.17 can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Packaging & Containers company?
A good E10 depends on the Packaging & Containers industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hexagon Composites ASA and its competitors. Hexagon Composites ASA's current E10 is kr-0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexagon Composites ASA stock overvalued right now?
Based on GuruFocus' analysis, Hexagon Composites ASA (OSL:HEX) is currently considered Modestly Undervalued. The stock's GF Value™ is kr11.97, compared to a current price of kr8.53 — trading 28.7% below its estimated fair value. The current E10 is kr-0.17. Hexagon Composites ASA's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Hexagon Composites ASA (OSL:HEX), the current E10 is kr-0.17 as of Dec. 2025. 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 Composites ASA (OSL:HEX) Overvalued in 2026?

Based on GuruFocus' analysis, Hexagon Composites ASA stock appears to be undervalued. The current stock price of kr8.53 is trading 28.7% below its estimated GF Value™ of kr11.97. GuruFocus considers Hexagon Composites ASA to be Modestly Undervalued.

Key valuation signals for OSL:HEX:

  • E10: kr-0.17
  • GF Value™: kr11.97 vs. price of kr8.53 (28.7% below fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the OSL:HEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hexagon Composites ASA Business Description

Address Korsegata 4B, P.O. Box 836, Sentrum, Aalesund, NOR, 6002
Hexagon Composites ASA is a supplier of clean energy technology for gas storage, distribution, fuel systems, and other related products. The operating segments of the company are Hexagon Agility, and Hexagon Digital Wave. Hexagon Agility segment offers natural gas fuel systems and delivery solutions for the mobility market. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology. The company operates through Europe, North America, Southeast Asia, Africa, Oceania and Norway.
71GF Score

Get the complete analysis for OSL:HEX

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr8.53
Price
kr11.97
GF Value