Hexagon Composites ASA (OSL:HEX) E10: kr-0.18 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSL:HEX Hexagon Composites ASA OSL:HEX
69 GF Score
Price kr12.72
GF Value kr8.91
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Hexagon Composites ASA E10?

Hexagon Composites ASA OSL:HEX -4.43% 69 E10 is kr-0.18 as of Jun. 2026. GuruFocus rates OSL:HEX with a GF Score™ of 69/100 and a GF Value™ of kr8.91 (Significantly Overvalued). The stock has 7 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 Jun. 2026 was kr-0.850. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is kr-0.18 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was -38.10% per year. During the past 5 years, the average E10 Growth Rate was -16.90% per year. During the past 10 years, the average E10 Growth Rate was -3.60% 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 32.60% per year. The lowest was -38.10% per year. And the median was 14.30% per year.

As of today (2026-09-14), Hexagon Composites ASA's current stock price is kr12.72. Hexagon Composites ASA's E10 for the quarter that ended in Jun. 2026 was kr-0.18. 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 161.11. The lowest was 11.03. And the median was 45.86.


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 161.11. The lowest was 11.03. And the median was 45.86.


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 0.36 0.38 0.85 0.57 0.09

Hexagon Composites ASA Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.73 0.57 -0.08 0.09 -0.18

OSL:HEX vs SW, AMCR, PKG: 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
69GF 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 Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.85/141.5800*141.5800
=-0.850

Current CPI (Jun. 2026) = 141.5800.

Hexagon Composites ASA Quarterly Data

per share eps CPI Adj_EPS
200412 0.000 81.400 0.000
200512 0.000 82.900 0.000
200612 0.000 84.700 0.000
200712 0.000 87.100 0.000
200812 0.000 89.000 0.000
200906 0.269 90.400 0.421
200912 0.181 90.800 0.282
201006 0.088 92.100 0.135
201012 0.049 93.300 0.074
201106 0.215 93.400 0.326
201112 -0.078 93.400 -0.118
201206 0.137 93.700 0.207
201212 -0.098 94.700 -0.147
201306 0.440 95.700 0.651
201312 0.215 96.600 0.315
201406 0.606 97.500 0.880
201412 0.606 98.600 0.870
201506 0.215 100.100 0.304
201512 -0.186 100.900 -0.261
201606 0.098 103.800 0.134
201612 1.271 104.400 1.724
201706 0.127 105.800 0.170
201712 0.283 106.100 0.378
201806 0.508 108.500 0.663
201812 0.332 109.800 0.428
201906 0.235 110.600 0.301
201912 0.381 111.300 0.485
202006 -0.078 112.100 -0.099
202012 -0.644 112.900 -0.808
202106 -0.811 115.300 -0.996
202112 -0.792 118.900 -0.943
202206 -1.114 122.600 -1.286
202212 1.144 125.900 1.286
202306 9.824 130.400 10.666
202312 -4.419 131.900 -4.743
202406 2.014 133.800 2.131
202412 -3.343 134.800 -3.511
202506 -3.740 137.800 -3.843
202512 -1.177 139.100 -1.198
202606 -0.850 141.580 -0.850

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-0.18 mean?
Hexagon Composites ASA (OSL:HEX) has a E10 of kr-0.18 as of Jun. 2026. 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-0.18. Overall, Hexagon Composites ASA has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hexagon Composites ASA's E10 compare to SW and AMCR?
Hexagon Composites ASA's E10 of kr-0.18 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-0.18. 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 Significantly Overvalued. The stock's GF Value™ is kr8.91, compared to a current price of kr12.72 — trading 42.8% above its estimated fair value. The current E10 is kr-0.18. Hexagon Composites ASA's overall GF Score™ is 69/100 with 7 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-0.18 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 Composites ASA (OSL:HEX) Overvalued in 2026?

Based on GuruFocus' analysis, Hexagon Composites ASA stock appears to be overvalued. The current stock price of kr12.72 is trading 42.8% above its estimated GF Value™ of kr8.91. GuruFocus considers Hexagon Composites ASA to be Significantly Overvalued.

Key valuation signals for OSL:HEX:

  • E10: kr-0.18
  • GF Value™: kr8.91 vs. price of kr12.72 (42.8% above fair value)
  • GF Score™: 69/100 with 7 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.
69GF 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.

kr12.72
Price
kr8.91
GF Value