Hexagon Composites A Stock

Hexagon Composites A P/E 2024

Hexagon Composites A P/E

48.48

Ticker

HEX.OL

ISIN

NO0003067902

WKN

904953

As of Aug 27, 2024, Hexagon Composites A's P/E ratio was 48.48, a 951.63% change from the 4.61 P/E ratio recorded in the previous year.

The Hexagon Composites A P/E history

Hexagon Composites A Aktienanalyse

What does Hexagon Composites A do?

Hexagon Composites ASA is a leading company in the manufacturing of composite materials, offering a wide range of products to its customers. The company was founded in 1986 as "Hexagon Products" and relocated to Norway in 1994, where it was renamed Hexagon Composites ASA in 2001. Hexagon Composites ASA's business model is based on developing innovative solutions for the transportation and energy sectors, utilizing composite materials and advanced technologies. The company aims to create a sustainable future by providing efficient and environmentally friendly solutions that reduce CO2 emissions and optimize energy consumption. The various divisions of Hexagon Composites ASA include transportation, energy, and specialty applications. In the transportation sector, the company offers solutions for various applications such as vehicle tanks, ship tanks, and pressure vessels for trains. These products are made from lightweight composite materials, which help reduce fuel consumption and CO2 emissions. The tanks have a long lifespan and are safe and reliable. In the energy sector, Hexagon Composites ASA provides solutions for the gas storage of renewable energies such as biogas or hydrogen. These products are made from high-performance composite materials and are characterized by high storage capacity, durable materials, and low maintenance costs. The company works closely with its customers to develop customized solutions that meet their individual requirements. In the specialty applications division, the company offers solutions for various applications such as medical devices, aviation, and industry. These products are made from lightweight and durable composite materials and are known for their high strength, resistance, and reliability. Hexagon Composites ASA offers a wide range of products, including vehicle tanks, ship tanks, train passenger tanks, biogas tanks, hydrogen tanks, pressure vessels, and medical devices. The company has state-of-the-art manufacturing facilities and technologies that enable it to produce high-quality and customized products that meet the highest quality and safety standards. With its headquarters in Norway, Hexagon Composites ASA operates globally. With offices in Europe, North America, and Asia, it serves customers worldwide. The company has become a leading company in the composite materials market and is committed to offering innovative solutions that contribute to creating a sustainable future. With a strong focus on research and development and close collaboration with customers and partners, the company is well-positioned for future success. Hexagon Composites A ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Hexagon Composites A's P/E Ratio

The Price to Earnings (P/E) Ratio of Hexagon Composites A is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Hexagon Composites A's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Hexagon Composites A is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Hexagon Composites A’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Hexagon Composites A stock

What is the price-to-earnings ratio of Hexagon Composites A?

The price-earnings ratio of Hexagon Composites A is currently 48.48.

How has the price-earnings ratio of Hexagon Composites A changed compared to last year?

The price-to-earnings ratio of Hexagon Composites A has increased by 951.63% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Hexagon Composites A high compared to other companies?

Yes, the price-to-earnings ratio of Hexagon Composites A is high compared to other companies.

How does an increase in the price-earnings ratio of Hexagon Composites A affect the company?

An increase in the price-earnings ratio of Hexagon Composites A would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Hexagon Composites A affect the company?

A decrease in the price-earnings ratio of Hexagon Composites A would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Hexagon Composites A?

Some factors that influence the price-earnings ratio of Hexagon Composites A are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Hexagon Composites A pay?

Over the past 12 months, Hexagon Composites A paid a dividend of 0.3 NOK . This corresponds to a dividend yield of about 0.8 %. For the coming 12 months, Hexagon Composites A is expected to pay a dividend of 0 NOK.

What is the dividend yield of Hexagon Composites A?

The current dividend yield of Hexagon Composites A is 0.8 %.

When does Hexagon Composites A pay dividends?

Hexagon Composites A pays a quarterly dividend. This is distributed in the months of May, May, May, May.

How secure is the dividend of Hexagon Composites A?

Hexagon Composites A paid dividends every year for the past 3 years.

What is the dividend of Hexagon Composites A?

For the upcoming 12 months, dividends amounting to 0 NOK are expected. This corresponds to a dividend yield of 0 %.

In which sector is Hexagon Composites A located?

Hexagon Composites A is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Hexagon Composites A kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hexagon Composites A from 4/30/2018 amounting to 0.3 NOK, you needed to have the stock in your portfolio before the ex-date on 4/20/2018.

When did Hexagon Composites A pay the last dividend?

The last dividend was paid out on 4/30/2018.

What was the dividend of Hexagon Composites A in the year 2023?

In the year 2023, Hexagon Composites A distributed 0 NOK as dividends.

In which currency does Hexagon Composites A pay out the dividend?

The dividends of Hexagon Composites A are distributed in NOK.

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Andere Kennzahlen von Hexagon Composites A

Our stock analysis for Hexagon Composites A Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hexagon Composites A Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.