Hexagon Composites ASA (OSL:HEX) Goodwill-to-Asset: 0.23 (As of Jun. 2026)

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OSL:HEX Hexagon Composites ASA OSL:HEX
73 GF Score
Price kr13.48
GF Value kr10.12
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Hexagon Composites ASA Goodwill-to-Asset?

Hexagon Composites ASA OSL:HEX -1.89% 73 Goodwill-to-Asset is 0.23 as of Jun. 2026. GuruFocus rates OSL:HEX with a GF Score™ of 73/100 and a GF Value™ of kr10.12 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Hexagon Composites ASA's Goodwill for the quarter that ended in Jun. 2026 was kr1,139 Mil. Hexagon Composites ASA's Total Assets for the quarter that ended in Jun. 2026 was kr4,985 Mil. Therefore, Hexagon Composites ASA's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.23.


Hexagon Composites ASA  (OSL:HEX) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Hexagon Composites ASA Goodwill-to-Asset Related Terms


Hexagon Composites ASA Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Hexagon Composites ASA's Goodwill-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.

Hexagon Composites ASA Goodwill-to-Asset Chart

Hexagon Composites ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.22 0.19 0.19 0.22

Hexagon Composites ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Jun26
Goodwill-to-Asset 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 0.22 0.22 0.23 0.22 0.23

OSL:HEX vs SW, AMCR, PKG: Goodwill-to-Asset Comparison

For the Packaging & Containers subindustry, Hexagon Composites ASA's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-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 Composites ASA Goodwill-to-Asset vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Hexagon Composites ASA's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Hexagon Composites ASA's Goodwill-to-Asset falls into.


OSL:HEX
73GF Score
Hexagon Composites ASA OSL:HEX
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hexagon Composites ASA Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Hexagon Composites ASA's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill to Asset (A: Dec. 2025 )=Goodwill/Total Assets
=1158.779/5305.472
=0.22

Hexagon Composites ASA's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill to Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=1138.93/4984.859
=0.23

* 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 Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.23 mean?
Hexagon Composites ASA (OSL:HEX) has a Goodwill-to-Asset of 0.23 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Hexagon Composites ASA and its competitors.
Is Hexagon Composites ASA's Goodwill-to-Asset too high?
Hexagon Composites ASA's current Goodwill-to-Asset is 0.23. Overall, Hexagon Composites ASA has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hexagon Composites ASA's Goodwill-to-Asset compare to SW and AMCR?
Hexagon Composites ASA's Goodwill-to-Asset of 0.23 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 Goodwill-to-Asset for a Packaging & Containers company?
A good Goodwill-to-Asset depends on the Packaging & Containers industry context. However, Goodwill-to-Asset 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 Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Hexagon Composites ASA and its competitors. Hexagon Composites ASA's current Goodwill-to-Asset is 0.23. 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 kr10.12, compared to a current price of kr13.48 — trading 33.2% above its estimated fair value. The current Goodwill-to-Asset is 0.23. Hexagon Composites ASA's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Hexagon Composites ASA (OSL:HEX), the current Goodwill-to-Asset is 0.23 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 kr13.48 is trading 33.2% above its estimated GF Value™ of kr10.12. GuruFocus considers Hexagon Composites ASA to be Significantly Overvalued.

Key valuation signals for OSL:HEX:

  • Goodwill-to-Asset: 0.23
  • GF Value™: kr10.12 vs. price of kr13.48 (33.2% above fair value)
  • GF Score™: 73/100 with 5 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.
73GF Score

Get the complete analysis for OSL:HEX

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

kr13.48
Price
kr10.12
GF Value