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 Composites ASA's annualized net income for the quarter that ended in Dec. 2025 was kr-350 Mil. Hexagon Composites ASA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was kr985 Mil. Therefore, Hexagon Composites ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -35.51%.
The historical rank and industry rank for Hexagon Composites ASA's Return-on-Tangible-Equity or its related term are showing as below:
OSL:HEX'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -113.32 Med: -5.03 Max: 130.38
Current: -113.32
During the past 13 years, Hexagon Composites ASA's highest Return-on-Tangible-Equity was 130.38%. The lowest was -113.32%. And the median was -5.03%.
OSL:HEX's Return-on-Tangible-Equity is ranked worse than 98.7% of 386
companies
in the Packaging & Containers industry
Industry Median: 5.94
vs OSL:HEX: -113.32
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 Composites ASA Return-on-Tangible-Equity Related Terms
Hexagon Composites ASA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Hexagon Composites ASA'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.
OSL:HEX vs SW, PKG, IP: Return-on-Tangible-Equity Comparison
For the Packaging & Containers subindustry, Hexagon Composites ASA'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 Composites ASA Return-on-Tangible-Equity vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Hexagon Composites ASA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Hexagon Composites ASA'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 (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -35.51% mean?
Hexagon Composites ASA (OSL:HEX) has a Return-on-Tangible-Equity of -35.51% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hexagon Composites ASA and its competitors. According to the industry distribution chart, Hexagon Composites ASA ranks #381 out of 386 companies in the Packaging & Containers industry, placing it in the top 98.7%.
Is Hexagon Composites ASA's Return-on-Tangible-Equity too high?
Hexagon Composites ASA's current Return-on-Tangible-Equity is -35.51%. Based on the distribution chart, Hexagon Composites ASA ranks #381 out of 386 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Hexagon Composites ASA has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hexagon Composites ASA's Return-on-Tangible-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Hexagon Composites ASA ranks #381 out of 386 companies for Return-on-Tangible-Equity. This places Hexagon Composites ASA in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.94. 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 Packaging & Containers company?
The median Return-on-Tangible-Equity among Packaging & Containers companies is 5.94, based on 386 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. 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 Composites ASA and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Equity is 5.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexagon Composites ASA's current Return-on-Tangible-Equity is -35.51%. 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 Modestly Undervalued. The stock's GF Value™ is kr11.98, compared to a current price of kr10.55 — trading 11.9% below its estimated fair value. The current Return-on-Tangible-Equity is -35.51%. Hexagon Composites ASA's overall GF Score™ is 70/100 with 6 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 Composites ASA (OSL:HEX), the current Return-on-Tangible-Equity is -35.51% as of Dec. 2025. 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 undervalued.
The current stock price of kr10.55 is trading 11.9% below its estimated GF Value™ of kr11.98.
GuruFocus considers Hexagon Composites ASA to be Modestly Undervalued.
Key valuation signals for OSL:HEX:
Return-on-Tangible-Equity: -35.51%
GF Value™: kr11.98 vs. price of kr10.55 (11.9% below fair value)
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 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.
70GF Score
Get the complete analysis for OSL:HEX
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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