Hexagon ABFRA:HXG -3.36%85 ROA % is 36.64% as of Mar. 2026, which is 451% above its 10-year median of 6.65. GuruFocus rates FRA:HXG with a GF Score™ of 85/100 and a GF Value™ of €6.91 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,498 Hardware companies, Hexagon AB ranks better than 91.19% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Hexagon AB's annualizedNet Income for the quarter that ended in Mar. 2026 was €6,430 Mil.
Hexagon AB's average Total Assets over the quarter that ended in Mar. 2026 was €17,550 Mil. Therefore, Hexagon AB's annualized ROA % for the quarter that ended in Mar. 2026 was 36.64%.
The historical rank and industry rank for Hexagon AB's ROA % or its related term are showing as below:
FRA:HXG'
s ROA % Range Over the Past 10 Years
Min: 3.43 Med: 6.65 Max: 11.59
Current: 11.59
During the past 13 years, Hexagon AB's highest ROA % was 11.59%. The lowest was 3.43%. And the median was 6.65%.
FRA:HXG's ROA % is ranked better than 91.19% of 2498
companies
in the Hardware industry
Industry Median: 2.27
vs FRA:HXG: 11.59
Hexagon AB (FRA:HXG) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Hexagon AB ROA % Related Terms
Hexagon AB ROA % Historical Data
* Premium members only.
The historical data trend for Hexagon AB's ROA % 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.
For the Scientific & Technical Instruments subindustry, Hexagon AB's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Hardware Industry
For the Hardware industry and Technology sector, Hexagon AB's ROA % distribution charts can be found below:
* The bar in red indicates where Hexagon AB's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets 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.
ROA % is displayed in the 30-year financial page.
Hexagon AB (FRA:HXG) has a ROA % of 36.64% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Hexagon AB and its competitors. This is 451% above median its historical median of 6.65. Over the past decade, Hexagon AB's ROA % has ranged from 3.43 to 11.59. According to the industry distribution chart, Hexagon AB ranks #220 out of 2498 companies in the Hardware industry, placing it in the top 8.8%.
Is Hexagon AB's ROA % too high?
Hexagon AB's current ROA % of 36.64% is 451% above median its 10-year median of 6.65. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 11.59. The Hardware industry median ROA % is 2.27. Hexagon AB's value of 36.64% is 1514.1% above this industry median. Based on the distribution chart, Hexagon AB ranks #220 out of 2498 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 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hexagon AB's ROA % compare to COHR and KEYS?
According to the Hardware industry distribution chart, Hexagon AB ranks #220 out of 2498 companies for ROA %. This places Hexagon AB in the top 9% of its industry — outperforming the majority of peers. The industry median ROA % is 2.27. Hexagon AB's value of 36.64% is 1514.1% above this benchmark. Historically, Hexagon AB's own ROA % has ranged from 3.43 to 11.59 over the past decade. While the company's 10-year median is 6.65 vs. the industry median of 2.27, Hexagon AB has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Hardware company?
The median ROA % among Hardware companies is 2.27, based on 2,498 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hexagon AB's current ROA % of 36.64% is 1514.1% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Hexagon AB and its competitors. For the Hardware industry, the median ROA % is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hexagon AB's current ROA % is 36.64%, which is 451% above median its own 10-year median of 6.65. 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 €6.91, compared to a current price of €7.12 — trading 3.1% above its estimated fair value. The current ROA % is 36.64%, which is 451% above median its 10-year median of 6.65 and 1514.1% above the Hardware industry median of 2.27. Hexagon AB's overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Hexagon AB (FRA:HXG), the current ROA % is 36.64% 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 (FRA:HXG) Overvalued in 2026?
Based on GuruFocus' analysis, Hexagon AB stock appears to be overvalued.
The current stock price of €7.12 is trading 3.1% above its estimated GF Value™ of €6.91.
GuruFocus considers Hexagon AB to be Fairly Valued.
Key valuation signals for FRA:HXG:
ROA %: 36.64% (451% above median its 10-year median of 6.65)
GF Value™: €6.91 vs. price of €7.12 (3.1% above fair value)
Industry Position: 1514.1% above the Hardware median (#220 of 2498)
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.
85GF Score
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