Hexagon ABMEX:HEXABN 75 Return-on-Tangible-Equity is 275.83% as of Mar. 2026. GuruFocus rates MEX:HEXABN with a GF Score™ of 75/100 and a GF Value™ of MXN159.06 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,378 Hardware companies, Hexagon AB ranks better than 99.96% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Hexagon AB's annualized net income for the quarter that ended in Mar. 2026 was MXN134,055 Mil. Hexagon AB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN48,601 Mil. Therefore, Hexagon AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 275.83%.
The historical rank and industry rank for Hexagon AB's Return-on-Tangible-Equity or its related term are showing as below:
MEX:HEXABN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: Negative Tangible Equity
MEX:HEXABN's Return-on-Tangible-Equity is ranked better than 99.96% of 2378
companies
in the Hardware industry
Industry Median: 5.265
vs MEX:HEXABN: Negative Tangible Equity
Hexagon AB (MEX:HEXABN) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Hexagon AB Return-on-Tangible-Equity Related Terms
Hexagon AB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hexagon AB's Return-on-Tangible-Equity 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.
MEX:HEXABN vs COHR, KEYS, GRMN: Return-on-Tangible-Equity Comparison
For the Scientific & Technical Instruments subindustry, Hexagon AB's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Hexagon AB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hexagon AB's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 275.83% mean?
Hexagon AB (MEX:HEXABN) has a Return-on-Tangible-Equity of 275.83% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hexagon AB and its competitors. According to the industry distribution chart, Hexagon AB ranks #1 out of 2378 companies in the Hardware industry, placing it in the top 0%.
Is Hexagon AB's Return-on-Tangible-Equity too high?
Hexagon AB's current Return-on-Tangible-Equity is 275.83%. The Hardware industry median Return-on-Tangible-Equity is 5.27. Hexagon AB's value of 275.83% is 5138.9% above this industry median. Based on the distribution chart, Hexagon AB ranks #1 out of 2378 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 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hexagon AB's Return-on-Tangible-Equity compare to COHR and KEYS?
According to the Hardware industry distribution chart, Hexagon AB ranks #1 out of 2378 companies for Return-on-Tangible-Equity. This places Hexagon AB in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.27. Hexagon AB's value of 275.83% is 5138.9% above this benchmark. 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-Equity for a Hardware company?
The median Return-on-Tangible-Equity among Hardware companies is 5.27, based on 2,378 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hexagon AB's current Return-on-Tangible-Equity of 275.83% is 5138.9% above 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hexagon AB and its competitors. For the Hardware industry, the median Return-on-Tangible-Equity is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexagon AB's current Return-on-Tangible-Equity is 275.83%. 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 (MEX:HEXABN) is currently considered Fairly Valued. The stock's GF Value™ is MXN159.06, compared to a current price of MXN147.57 — trading 7.2% below its estimated fair value. The current Return-on-Tangible-Equity is 275.83% and 5138.9% above the Hardware industry median of 5.27. Hexagon AB's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Hexagon AB (MEX:HEXABN), the current Return-on-Tangible-Equity is 275.83% as of Mar. 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 (MEX:HEXABN) Overvalued in 2026?
Based on GuruFocus' analysis, Hexagon AB stock appears to be undervalued.
The current stock price of MXN147.57 is trading 7.2% below its estimated GF Value™ of MXN159.06.
GuruFocus considers Hexagon AB to be Fairly Valued.
Key valuation signals for MEX:HEXABN:
Return-on-Tangible-Equity: 275.83%
GF Value™: MXN159.06 vs. price of MXN147.57 (7.2% below fair value)
Industry Position: 5138.9% above the Hardware median (#1 of 2378)
No single metric tells the full story. See the MEX:HEXABN 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.
75GF Score
Get the complete analysis for MEX:HEXABN
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