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Hexagon ABFRA:HXG -1.72%84 Return-on-Tangible-Asset is -58.22% as of Jun. 2026. GuruFocus rates FRA:HXG with a GF Score™ of 84/100 and a GF Value™ of €6.87 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 2,500 Hardware companies, Hexagon AB ranks better than 81.84% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Hexagon AB's annualizedNet Income for the quarter that ended in Jun. 2026 was €-5,064 Mil. Hexagon AB's average total tangible assets for the quarter that ended in Jun. 2026 was €8,699 Mil. Therefore, Hexagon AB's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was -58.22%.
The historical rank and industry rank for Hexagon AB's Return-on-Tangible-Asset or its related term are showing as below:
FRA:HXG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.38 Med: 26.55 Max: 31.6
Current: 8.38
During the past 13 years, Hexagon AB's highest Return-on-Tangible-Asset was 31.60%. The lowest was 8.38%. And the median was 26.55%.
FRA:HXG's Return-on-Tangible-Asset is ranked better than 81.84% of 2500
companies
in the Hardware industry
Industry Median: 2.465
vs FRA:HXG: 8.38
Hexagon AB (FRA:HXG) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Hexagon AB Return-on-Tangible-Asset Related Terms
Hexagon AB Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hexagon AB's Return-on-Tangible-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 COHR, KEYS, GRMN: Return-on-Tangible-Asset Comparison
For the Scientific & Technical Instruments subindustry, Hexagon AB's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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 Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Hexagon AB's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hexagon AB's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of -58.22% mean?
Hexagon AB (FRA:HXG) has a Return-on-Tangible-Asset of -58.22% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hexagon AB and its competitors. Over the past decade, Hexagon AB's Return-on-Tangible-Asset has ranged from 8.38 to 31.60. According to the industry distribution chart, Hexagon AB ranks #454 out of 2500 companies in the Hardware industry, placing it in the top 18.2%.
Is Hexagon AB's Return-on-Tangible-Asset too high?
Hexagon AB's current Return-on-Tangible-Asset is -58.22%. Over the past 10 years, this metric has ranged from a low of 8.38 to a high of 31.60. Based on the distribution chart, Hexagon AB ranks #454 out of 2500 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 Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hexagon AB's Return-on-Tangible-Asset compare to COHR and KEYS?
According to the Hardware industry distribution chart, Hexagon AB ranks #454 out of 2500 companies for Return-on-Tangible-Asset. This places Hexagon AB in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.47. Historically, Hexagon AB's own Return-on-Tangible-Asset has ranged from 8.38 to 31.60 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.47, based on 2,500 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hexagon AB and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexagon AB's current Return-on-Tangible-Asset is -58.22%. 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 €6.87, compared to a current price of €8.57 — trading 24.7% above its estimated fair value. The current Return-on-Tangible-Asset is -58.22%. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Hexagon AB (FRA:HXG), the current Return-on-Tangible-Asset is -58.22% 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 €8.57 is trading 24.7% above its estimated GF Value™ of €6.87.
GuruFocus considers Hexagon AB to be Modestly Overvalued.
Key valuation signals for FRA:HXG:
Return-on-Tangible-Asset: -58.22%
GF Value™: €6.87 vs. price of €8.57 (24.7% above fair value)
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
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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