Hexagon Purus ASA (FRA:0QJ0) Asset Turnover: 0.09 (As of Mar. 2026)


FRA:0QJ0 Hexagon Purus ASA FRA:0QJ0
64 GF Score
Price €1.05
GF Value €2.41
Valuation Possible Value Trap
! 6 Warning Signs
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What is Hexagon Purus ASA Asset Turnover?

Hexagon Purus ASA FRA:0QJ0 +3.76% 64 Asset Turnover is 0.09 as of Mar. 2026. GuruFocus rates FRA:0QJ0 with a GF Score™ of 64/100 and a GF Value™ of €2.41 (Possible Value Trap). The stock has 6 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Hexagon Purus ASA's Revenue for the three months ended in Mar. 2026 was €24.2 Mil. Hexagon Purus ASA's Total Assets for the quarter that ended in Mar. 2026 was €281.4 Mil. Therefore, Hexagon Purus ASA's Asset Turnover for the quarter that ended in Mar. 2026 was 0.09.

Asset Turnover is linked to ROE % through Du Pont Formula. Hexagon Purus ASA's annualized ROE % for the quarter that ended in Mar. 2026 was -192.70%. It is also linked to ROA % through Du Pont Formula. Hexagon Purus ASA's annualized ROA % for the quarter that ended in Mar. 2026 was -21.18%.


Hexagon Purus ASA  (FRA:0QJ0) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Hexagon Purus ASA's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-59.6/30.9295
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-59.6 / 96.88)*(96.88 / 281.368)*(281.368/ 30.9295)
=Net Margin %*Asset Turnover*Equity Multiplier
=-61.52 %*0.3443*9.0971
=ROA %*Equity Multiplier
=-21.18 %*9.0971
=-192.70 %

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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Hexagon Purus ASA's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-59.6/281.368
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-59.6 / 96.88)*(96.88 / 281.368)
=Net Margin %*Asset Turnover
=-61.52 %*0.3443
=-21.18 %

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Hexagon Purus ASA Asset Turnover Related Terms


Hexagon Purus ASA Asset Turnover Historical Data

* Premium members only.

The historical data trend for Hexagon Purus ASA's Asset Turnover 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.

Hexagon Purus ASA Asset Turnover Chart

Hexagon Purus ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 0.25 0.40 0.39 0.42 0.27

Hexagon Purus ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.04 0.06 0.12 0.09

FRA:0QJ0 vs GWW, FAST, FERG: Asset Turnover Comparison

For the Industrial Distribution subindustry, Hexagon Purus ASA's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Purus ASA Asset Turnover vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Hexagon Purus ASA's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Hexagon Purus ASA's Asset Turnover falls into.


FRA:0QJ0
64GF Score
Hexagon Purus ASA FRA:0QJ0
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Hexagon Purus ASA Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Hexagon Purus ASA's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=96.044/( (419.928+296.608)/ 2 )
=96.044/358.268
=0.27

Hexagon Purus ASA's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=24.22/( (296.608+266.128)/ 2 )
=24.22/281.368
=0.09

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.09 mean?
Hexagon Purus ASA (FRA:0QJ0) has a Asset Turnover of 0.09 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hexagon Purus ASA and its competitors.
Is Hexagon Purus ASA's Asset Turnover too high?
Hexagon Purus ASA's current Asset Turnover is 0.09. Overall, Hexagon Purus ASA has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hexagon Purus ASA's Asset Turnover compare to GWW and FAST?
Hexagon Purus ASA's Asset Turnover of 0.09 can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for an Industrial Distribution company?
A good Asset Turnover depends on the Industrial Distribution industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Hexagon Purus ASA and its competitors. Hexagon Purus ASA's current Asset Turnover is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hexagon Purus ASA stock overvalued right now?
Based on GuruFocus' analysis, Hexagon Purus ASA (FRA:0QJ0) is currently considered Possible Value Trap. The stock's GF Value™ is €2.41, compared to a current price of €1.05 — trading 56.5% below its estimated fair value. The current Asset Turnover is 0.09. Hexagon Purus ASA's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Hexagon Purus ASA (FRA:0QJ0), the current Asset Turnover is 0.09 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 Purus ASA (FRA:0QJ0) Overvalued in 2026?

Based on GuruFocus' analysis, Hexagon Purus ASA stock appears to be undervalued. The current stock price of €1.05 is trading 56.5% below its estimated GF Value™ of €2.41. GuruFocus considers Hexagon Purus ASA to be Possible Value Trap.

Key valuation signals for FRA:0QJ0:

  • Asset Turnover: 0.09
  • GF Value™: €2.41 vs. price of €1.05 (56.5% below fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the FRA:0QJ0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hexagon Purus ASA Business Description

Address Haakon VII gate 2, Oslo, NOR, 0161
Hexagon Purus ASA is a provider of Hydrogen Type 4 high-pressure cylinders, complete vehicle systems, and battery packs for fuel cell electric and battery electric vehicles including hybrid mobility applications on light, medium, and heavy-duty vehicles, buses, marine, rail, and aerospace. It has divided its operations into two segments, Hydrogen Mobility and Infrastructure (HMI) and Battery Systems and Vehicle Integration (BVI). The company has a geographic presence in Norway, Europe, North America, and Others. Majority of revenue is from Hydrogen Mobility and Infrastructure (HMI). Geographically, it operates in Norway, Europe, excluding Norway, North America, Asia, and Others. It derives maximum revenue from Europe, excluding Norway.
64GF Score

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

€1.05
Price
€2.41
GF Value