Analyzing Hexagon Composites ASA (HXGCF) and Its Competitors

Hexagon Composites ASA (OTCMKTS:HXGCF) is one of 70 public companies in the “Containers & Packaging” industry, but how does it contrast to its competitors? We will compare Hexagon Composites ASA to similar companies based on the strength of its risk, profitability, valuation, dividends, analyst recommendations, earnings and institutional ownership.

Analyst Recommendations

This is a summary of current ratings and target prices for Hexagon Composites ASA and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hexagon Composites ASA	0	0	1	0	3.00
Hexagon Composites ASA Competitors	384	2328	3387	84	2.51

As a group, “Containers & Packaging” companies have a potential upside of 32.20%. Given Hexagon Composites ASA’s competitors higher possible upside, analysts plainly believe Hexagon Composites ASA has less favorable growth aspects than its competitors.

Dividends

Hexagon Composites ASA pays an annual dividend of $0.25 per share and has a dividend yield of 16.2%. Hexagon Composites ASA pays out 25.3% of its earnings in the form of a dividend. As a group, “Containers & Packaging” companies pay a dividend yield of 4.7% and pay out -80.3% of their earnings in the form of a dividend.

Institutional & Insider Ownership

16.8% of Hexagon Composites ASA shares are owned by institutional investors. Comparatively, 54.4% of shares of all “Containers & Packaging” companies are owned by institutional investors. 13.5% of shares of all “Containers & Packaging” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares Hexagon Composites ASA and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Hexagon Composites ASA	N/A	N/A	1.56
Hexagon Composites ASA Competitors	$6.07 billion	$222.53 million	13.11

Hexagon Composites ASA’s competitors have higher revenue and earnings than Hexagon Composites ASA. Hexagon Composites ASA is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Hexagon Composites ASA and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hexagon Composites ASA	N/A	N/A	N/A
Hexagon Composites ASA Competitors	-29.38%	-32.92%	2.01%

Summary

Hexagon Composites ASA competitors beat Hexagon Composites ASA on 8 of the 13 factors compared.

About Hexagon Composites ASA

Hexagon Composites ASA, together with its subsidiaries, engages in the manufacture and sale of composite pressure cylinders and fuel systems for alternative fuels worldwide. The company operates through Hexagon Agility, Hexagon Ragasco, and Hexagon Digital Wave segments. The Hexagon Agility segment provides clean fuel solutions for commercial vehicles, passenger vehicles, and gaseous energy transportation; and gas distribution solutions. The Hexagon Ragasco segment manufacturers composite liquefied petroleum gas (LPG) cylinders for leisure, household, and industrial applications. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology solutions that reduce cylinder and system down-time and inspection costs while improving inspection accuracy. Hexagon Composites ASA was founded in 1985 and is headquartered in Ålesund, Norway.