Hexagon ABFRA:HXG +1.68%84 EV-to-FCF is 20.00 as of Jul. 05, 2026, which is 25% below its 10-year median of 26.60. GuruFocus rates FRA:HXG with a GF Score™ of 84/100 and a GF Value™ of €7.03 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,328 Hardware companies, Hexagon AB ranks better than 54.82% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Hexagon AB's Enterprise Value is €21,320 Mil.
Hexagon AB's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €1,066 Mil. Therefore, Hexagon AB's EV-to-FCF for today is 20.00.
The historical rank and industry rank for Hexagon AB's EV-to-FCF or its related term are showing as below:
FRA:HXG'
s EV-to-FCF Range Over the Past 10 Years
Min: 17.9 Med: 26.6 Max: 44.1
Current: 20.34
During the past 13 years, the highest EV-to-FCF of Hexagon AB was 44.10. The lowest was 17.90. And the median was 26.60.
FRA:HXG's EV-to-FCF is ranked better than 54.82% of 1328
companies
in the Hardware industry
Industry Median: 23.895
vs FRA:HXG: 20.34
EV-to-FCF 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.
EV-to-FCF 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 share price for today is €7.402.
Hexagon AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.752.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Hexagon AB EV-to-FCF Related Terms
Hexagon AB EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Hexagon AB's EV-to-FCF 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.
For the Scientific & Technical Instruments subindustry, Hexagon AB's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Hardware Industry
For the Hardware industry and Technology sector, Hexagon AB's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Hexagon AB's EV-to-FCF falls into.
Hexagon AB's current Enterprise Value is €21,320 Mil.
Hexagon AB's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,066 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.
Hexagon AB (FRA:HXG) has a EV-to-FCF of 20.00 as of Jul. 05, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Hexagon AB and its competitors. This is 25% below median its historical median of 26.60. Over the past decade, Hexagon AB's EV-to-FCF has ranged from 17.90 to 44.10. According to the industry distribution chart, Hexagon AB ranks #600 out of 1328 companies in the Hardware industry, placing it in the top 45.2%.
Is Hexagon AB's EV-to-FCF too high?
Hexagon AB's current EV-to-FCF of 20.00 is 25% below median its 10-year median of 26.60. Over the past 10 years, this metric has ranged from a low of 17.90 to a high of 44.10. The Hardware industry median EV-to-FCF is 23.90. Hexagon AB's value of 20.00 is 16.3% below this industry median. Based on the distribution chart, Hexagon AB ranks #600 out of 1328 companies in the Hardware industry, which is above the industry midpoint. Overall, Hexagon AB has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hexagon AB's EV-to-FCF compare to COHR and KEYS?
According to the Hardware industry distribution chart, Hexagon AB ranks #600 out of 1328 companies for EV-to-FCF. This puts Hexagon AB in the upper half of its industry. The industry median EV-to-FCF is 23.90. Hexagon AB's value of 20.00 is 16.3% below this benchmark. Historically, Hexagon AB's own EV-to-FCF has ranged from 17.90 to 44.10 over the past decade. While the company's 10-year median is 26.60 vs. the industry median of 23.90, 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 EV-to-FCF for a Hardware company?
The median EV-to-FCF among Hardware companies is 23.90, based on 1,328 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hexagon AB's current EV-to-FCF of 20.00 is 16.3% 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Hexagon AB and its competitors. For the Hardware industry, the median EV-to-FCF is 23.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexagon AB's current EV-to-FCF is 20.00, which is 25% below median its own 10-year median of 26.60. 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 Fairly Valued. The stock's GF Value™ is €7.03, compared to a current price of €7.40 — trading 5.3% above its estimated fair value. The current EV-to-FCF is 20.00, which is 25% below median its 10-year median of 26.60 and 16.3% below the Hardware industry median of 23.90. Hexagon AB's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Hexagon AB (FRA:HXG), the current EV-to-FCF is 20.00 as of Jul. 05, 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 €7.40 is trading 5.3% above its estimated GF Value™ of €7.03.
GuruFocus considers Hexagon AB to be Fairly Valued.
Key valuation signals for FRA:HXG:
EV-to-FCF: 20.00 (25% below median its 10-year median of 26.60)
GF Value™: €7.03 vs. price of €7.40 (5.3% above fair value)
Industry Position: 16.3% below the Hardware median (#600 of 1328)
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
EV-to-FCF 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 
