Hexagon AB (FRA:HXG) Moat Score: 7/10 (As of Jul. 07, 2026)


FRA:HXG Hexagon AB FRA:HXG
84 GF Score
Price €7.51
GF Value €7.16
Valuation Fairly Valued
! 5 Warning Signs
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What is Hexagon AB Moat Score?

Hexagon AB FRA:HXG +1.46% 84 Moat Score is 7 as of Jul. 07, 2026. GuruFocus rates FRA:HXG with a GF Score™ of 84/100 and a GF Value™ of €7.16 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,466 Hardware companies, Hexagon AB ranks better than 99.76% on this metric.

Hexagon AB has the Moat Score of 7, which implies that the company might have Wide Moat - Entry-level wide moat, clearly possessing durable advantages.

Hexagon AB has Wide Moat: Hexagon AB benefits from strong market leadership, valuable intellectual property, and significant customer switching costs. The company has a robust distribution network and consistent innovation, providing durable competitive advantages.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Hexagon AB might have Wide Moat - Entry-level wide moat, clearly possessing durable advantages.

Hexagon AB  (FRA:HXG) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Hexagon AB Moat Score Related Terms

FRA:HXG vs COHR, KEYS, GRMN: Moat Score Comparison

For the Scientific & Technical Instruments subindustry, Hexagon AB's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Hardware Industry

For the Hardware industry and Technology sector, Hexagon AB's Moat Score distribution charts can be found below:

* The bar in red indicates where Hexagon AB's Moat Score falls into.


FRA:HXG
84GF Score
Hexagon AB FRA:HXG
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 7 mean?
Hexagon AB (FRA:HXG) has a Moat Score of 7 as of Jul. 07, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Hexagon AB ranks #6 out of 2466 companies in the Hardware industry, placing it in the top 0.2%.
Is Hexagon AB's Moat Score too high?
Hexagon AB's current Moat Score is 7. Based on the distribution chart, Hexagon AB ranks #6 out of 2466 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. 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 Moat Score compare to COHR and KEYS?
According to the Hardware industry distribution chart, Hexagon AB ranks #6 out of 2466 companies for Moat Score. This places Hexagon AB in the top 0% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Hardware company?
A good Moat Score depends on the Hardware industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Hexagon AB's current Moat Score is 7. 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 €7.16, compared to a current price of €7.51 — trading 4.9% above its estimated fair value. The current Moat Score is 7. 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 Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Hexagon AB (FRA:HXG), the current Moat Score is 7 as of Jul. 07, 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 €7.51 is trading 4.9% above its estimated GF Value™ of €7.16. GuruFocus considers Hexagon AB to be Fairly Valued.

Key valuation signals for FRA:HXG:

  • Moat Score: 7
  • GF Value™: €7.16 vs. price of €7.51 (4.9% above fair value)
  • GF Score™: 84/100 with 5 warning signs

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 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

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

€7.51
Price
€7.16
GF Value