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.
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.
Hexagon ABFRA:HXG -0.78%84 Equity-to-Asset is 0.55 as of Jun. 2026, which is 5% below its 10-year median of 0.58. GuruFocus rates FRA:HXG with a GF Score™ of 84/100 and a GF Value™ of €6.60 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,495 Hardware companies, Hexagon AB ranks worse than 53.43% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hexagon AB's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €5,610 Mil. Hexagon AB's Total Assets for the quarter that ended in Jun. 2026 was €10,320 Mil.
Therefore, Hexagon AB's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.55.
The historical rank and industry rank for Hexagon AB's Equity-to-Asset or its related term are showing as below:
FRA:HXG'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51 Med: 0.58 Max: 0.67
Current: 0.54
During the past 13 years, the highest Equity to Asset Ratio of Hexagon AB was 0.67. The lowest was 0.51. And the median was 0.58.
FRA:HXG's Equity-to-Asset is ranked worse than 53.43% of 2495
companies
in the Hardware industry
Industry Median: 0.56
vs FRA:HXG: 0.54
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Hexagon AB Equity-to-Asset Related Terms
Hexagon AB Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Hexagon AB's Equity-to-Asset 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 GRMN, COHR, KEYS: Equity-to-Asset Comparison
For the Scientific & Technical Instruments subindustry, Hexagon AB's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Hexagon AB's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Hexagon AB's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Hexagon AB's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (FRA:HXG) has a Equity-to-Asset of 0.55 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Hexagon AB and its competitors. This is near median its historical median of 0.58. Over the past decade, Hexagon AB's Equity-to-Asset has ranged from 0.51 to 0.67. According to the industry distribution chart, Hexagon AB ranks #1333 out of 2495 companies in the Hardware industry, placing it in the top 53.4%.
Is Hexagon AB's Equity-to-Asset too high?
Hexagon AB's current Equity-to-Asset of 0.55 is near median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 0.67. The Hardware industry median Equity-to-Asset is 0.56. Hexagon AB's value of 0.55 is 1.8% below this industry median. Based on the distribution chart, Hexagon AB ranks #1333 out of 2495 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 Equity-to-Asset compare to GRMN and COHR?
According to the Hardware industry distribution chart, Hexagon AB ranks #1333 out of 2495 companies for Equity-to-Asset. This places Hexagon AB in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Hexagon AB's value of 0.55 is 1.8% below this benchmark. Historically, Hexagon AB's own Equity-to-Asset has ranged from 0.51 to 0.67 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.56, 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 Equity-to-Asset for a Hardware company?
The median Equity-to-Asset among Hardware companies is 0.56, based on 2,495 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hexagon AB's current Equity-to-Asset of 0.55 is 1.8% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Hexagon AB and its competitors. For the Hardware industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexagon AB's current Equity-to-Asset is 0.55, which is near median its own 10-year median of 0.58. 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 Modestly Overvalued. The stock's GF Value™ is €6.60, compared to a current price of €8.14 — trading 23.3% above its estimated fair value. The current Equity-to-Asset is 0.55, which is near median its 10-year median of 0.58 and 1.8% below the Hardware industry median of 0.56. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Hexagon AB (FRA:HXG), the current Equity-to-Asset is 0.55 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 €8.14 is trading 23.3% above its estimated GF Value™ of €6.60.
GuruFocus considers Hexagon AB to be Modestly Overvalued.
Key valuation signals for FRA:HXG:
Equity-to-Asset: 0.55 (near median its 10-year median of 0.58)
GF Value™: €6.60 vs. price of €8.14 (23.3% above fair value)
Industry Position: 1.8% below the Hardware median (#1333 of 2495)
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.
84GF Score
Get the complete analysis for FRA:HXG
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:HXG has been successfully added to your 
