Hexagon AB (STU:HXG) EV-to-OCF: 17.36 (As of Sep. 20, 2026) — Near Median

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STU:HXG Hexagon AB STU:HXG
84 GF Score
Price €8.42
GF Value €6.76
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Hexagon AB EV-to-OCF?

Hexagon AB STU:HXG +0.14% 84 EV-to-OCF is 17.36 as of Sep. 20, 2026, which is 2% above its 10-year median of 17.04. GuruFocus rates STU:HXG with a GF Score™ of 84/100 and a GF Value™ of €6.76 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,496 Hardware companies, Hexagon AB ranks worse than 62.42% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Hexagon AB's Enterprise Value is €23,263 Mil. Hexagon AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €1,340 Mil. Therefore, Hexagon AB's EV-to-OCF for today is 17.36.

The historical rank and industry rank for Hexagon AB's EV-to-OCF or its related term are showing as below:

STU:HXG' s EV-to-OCF Range Over the Past 10 Years
Min: 11.85   Med: 17.04   Max: 25.17
Current: 14.73

During the past 13 years, the highest EV-to-OCF of Hexagon AB was 25.17. The lowest was 11.85. And the median was 17.04.

STU:HXG's EV-to-OCF is ranked worse than
62.42% of 2496 companies
in the Hardware industry
Industry Median: 7.91 vs STU:HXG: 14.73

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-09-20), Hexagon AB's stock price is €8.424. Hexagon AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.198. Therefore, Hexagon AB's PE Ratio (TTM) for today is 42.55.


Hexagon AB  (STU:HXG) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Hexagon AB's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=8.424/0.198
=42.55

Hexagon AB's share price for today is €8.424.
Hexagon AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.198.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Hexagon AB EV-to-OCF Related Terms


Hexagon AB EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Hexagon AB's EV-to-OCF 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 AB EV-to-OCF Chart

Hexagon AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.36 22.51 24.06 17.74 20.82

Hexagon AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF 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 20.70 23.75 24.91 19.12 14.89

STU:HXG vs GRMN, COHR, KEYS: EV-to-OCF Comparison

For the Scientific & Technical Instruments subindustry, Hexagon AB's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Hardware Industry

For the Hardware industry and Technology sector, Hexagon AB's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Hexagon AB's EV-to-OCF falls into.


STU:HXG
84GF Score
Hexagon AB STU:HXG
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexagon AB EV-to-OCF Calculation

Hexagon AB's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=23262.996/1339.9294956376
=17.36

Hexagon AB's current Enterprise Value is €23,263 Mil.
Hexagon AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,340 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 17.36 mean?
Hexagon AB (STU:HXG) has a EV-to-OCF of 17.36 as of Sep. 20, 2026. This is near median its historical median of 17.04. Over the past decade, Hexagon AB's EV-to-OCF has ranged from 11.85 to 25.17. According to the industry distribution chart, Hexagon AB ranks #1558 out of 2496 companies in the Hardware industry, placing it in the top 62.4%.
Is Hexagon AB's EV-to-OCF too high?
Hexagon AB's current EV-to-OCF of 17.36 is near median its 10-year median of 17.04. Over the past 10 years, this metric has ranged from a low of 11.85 to a high of 25.17. The Hardware industry median EV-to-OCF is 7.91. Hexagon AB's value of 17.36 is 119.5% above this industry median. Based on the distribution chart, Hexagon AB ranks #1558 out of 2496 companies in the Hardware industry, which is below the industry midpoint. Overall, Hexagon AB has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hexagon AB's EV-to-OCF compare to GRMN and COHR?
According to the Hardware industry distribution chart, Hexagon AB ranks #1558 out of 2496 companies for EV-to-OCF. This places Hexagon AB in the lower half of its industry. The industry median EV-to-OCF is 7.91. Hexagon AB's value of 17.36 is 119.5% above this benchmark. Historically, Hexagon AB's own EV-to-OCF has ranged from 11.85 to 25.17 over the past decade. While the company's 10-year median is 17.04 vs. the industry median of 7.91, Hexagon AB has consistently been above 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 EV-to-OCF for a Hardware company?
The median EV-to-OCF among Hardware companies is 7.91, based on 2,496 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hexagon AB's current EV-to-OCF of 17.36 is 119.5% above 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median EV-to-OCF is 7.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexagon AB's current EV-to-OCF is 17.36, which is near median its own 10-year median of 17.04. 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 (STU:HXG) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.76, compared to a current price of €8.42 — trading 24.6% above its estimated fair value. The current EV-to-OCF is 17.36, which is near median its 10-year median of 17.04 and 119.5% above the Hardware industry median of 7.91. Hexagon AB's overall GF Score™ is 84/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Hexagon AB (STU:HXG), the current EV-to-OCF is 17.36 as of Sep. 20, 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 (STU:HXG) Overvalued in 2026?

Based on GuruFocus' analysis, Hexagon AB stock appears to be overvalued. The current stock price of €8.42 is trading 24.6% above its estimated GF Value™ of €6.76. GuruFocus considers Hexagon AB to be Modestly Overvalued.

Key valuation signals for STU:HXG:

  • EV-to-OCF: 17.36 (near median its 10-year median of 17.04)
  • GF Value™: €6.76 vs. price of €8.42 (24.6% above fair value)
  • GF Score™: 84/100 with 9 warning signs
  • Industry Position: 119.5% above the Hardware median (#1558 of 2496)

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


Hexagon AB Business Description

Address Lilla Bantorget 15, Stockholm, SWE, 111 23
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.
84GF Score

Get the complete analysis for STU:HXG

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

€8.42
Price
€6.76
GF Value