Log in to your Inderes Free account to see all free content on this page.
Hexicon
0.608 SEK +0.33%15 investors are following this company
Hexicon is a project developer in floating wind that opens up new markets in countries with deep water. The company is also a technology supplier with TwinWind, a patented floating wind design. The technology enables increased use of global wind power and can thus contribute to increased access to renewable energy. Hexicon operates in several markets in Europe, Africa, Asia and North America.
P/E (24e)
-1.62
EV/EBIT (adj.) (24e)
-9.71
P/B (24e)
-1.65
Dividend yield-% (24e)
-
Target price
0.56 SEK
Recommendation
Reduce
Updated
30.5.2024
First North Stockholm
HEXI
Daily low / high price
0.58 / 0.615
SEK
Market cap
221.19M SEK
Turnover
106.22K SEK
Volume
178K
Business risk
Valuation risk
Current
Previous
Latest research
Extensive report
Inderes' extensive report is an investor's handbook on customer companies covered by our research.
The latest extensive report was released
Read the reportAnalyst
![Lucas Mattsson Lucas Mattsson](https://www.inderes.se/cdn-cgi/image/format=auto,width=128,height=128,quality=90,fit=cover/https://content.inderes.se/assets/e0da094f-9c33-4203-a18a-d77d043f28b7.png)
Lucas Mattsson
Analyst
Latest videos
Financial calendar
Interim report
21.08.2024
Interim report
20.11.2024
Major OwnersSource: Millistream Market Data AB
Owner | Capital | Votes |
---|---|---|
Ilija Batljan | 10.1 % | 10.1 % |
Gulfstream Investment Group | 9.6 % | 9.6 % |
Premium
This content is for our Premium customers only.
Income statement
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Revenue | 4.4 | 23.1 | 11.6 | 5.7 | 78.1 | 451.5 | 981.8 | 301.8 |
growth-% | -55.7 % | 430.3 % | -49.9 % | -50.6 % | 1,266.1 % | 478.4 % | 117.4 % | -69.3 % |
EBITDA | -17.8 | -45.7 | -125.6 | -159.9 | -64.8 | 304.5 | 819.6 | 103.3 |
EBIT (adj.) | -35.9 | -49.8 | -161.1 | -180.3 | -87.2 | 270.7 | 778.7 | 56.8 |
EBIT | -35.9 | -49.8 | -161.1 | -180.3 | -87.2 | 270.7 | 778.7 | 56.8 |
Profit before taxes | -36.9 | -51.0 | -170.8 | -187.9 | -136.4 | 209.4 | 747.7 | 52.7 |
Net income | -36.9 | -51.2 | -166.9 | -187.3 | -136.3 | 209.4 | 747.7 | 52.7 |
EPS (adj.) | -0.19 | -0.16 | -0.46 | -0.51 | -0.37 | 0.58 | 2.06 | 0.14 |
growth-% | 257.1 % | -93.0 % | ||||||
Dividend | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Dividend ratio |
Login required
This content is only available for logged in users
Profitability and return on capital
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
EBITDA-% | -409.0 % | -197.9 % | -1,085.1 % | -2,798.5 % | -83.0 % | 67.5 % | 83.5 % | 34.2 % |
EBIT-% (adj.) | -824.1 % | -215.3 % | -1,391.8 % | -3,156.0 % | -111.6 % | 60.0 % | 79.3 % | 18.8 % |
EBIT-% | -824.1 % | -215.3 % | -1,391.8 % | -3,156.0 % | -111.6 % | 60.0 % | 79.3 % | 18.8 % |
ROE | -76.4 % | -24.7 % | -63.5 % | -183.1 % | 205.7 % | -704.8 % | 166.6 % | 6.2 % |
ROI | -74.3 % | -23.9 % | -52.4 % | -53.8 % | -19.8 % | 46.4 % | 102.7 % | 6.4 % |
Login required
This content is only available for logged in users
Valuation
2020 | 2021 | 2022 | 2023 | 2024e | 2025e | 2026e | 2027e | |
---|---|---|---|---|---|---|---|---|
Share price (SEK) | 2.15 | 1.49 | 0.63 | 0.61 | 0.61 | 0.61 | 0.61 | |
Shares | 254.3 | 363.8 | 363.8 | 363.8 | 363.8 | 363.8 | 363.8 | 363.8 |
Market cap | 782.2 | 541.3 | 229.2 | 221.2 | 221.2 | 221.2 | 221.2 | |
Enterprise value | 494.5 | 545.2 | 487.8 | 846.3 | 769.9 | 149.9 | 245.1 | |
EV/S | - | 21.4 | 47.1 | 85.4 | 10.8 | 1.7 | 0.2 | 0.8 |
EV/EBITDA | - | - | - | - | - | 2.5 | 0.2 | 2.4 |
EV/EBIT (adj.) | - | - | - | - | - | 2.8 | 0.2 | 4.3 |
EV/EBIT | - | - | - | - | - | 2.8 | 0.2 | 4.3 |
P/E (adj.) | - | - | - | - | - | 1.1 | 0.3 | 4.2 |
P/E | - | - | - | - | - | 1.1 | 0.3 | 4.2 |
P/B | - | 2.4 | 2.7 | 122.3 | - | 3.0 | 0.3 | 0.3 |
P/S | - | 33.9 | 46.8 | 40.1 | 2.8 | 0.5 | 0.2 | 0.7 |
Dividend yield | ||||||||
Equity ratio | 77.9 % | 74.7 % | 44.1 % | 0.2 % | -22.6 % | 8.8 % | 72.8 % | 81.5 % |
Gearing ratio | -116.1 % | -89.1 % | 2.0 % | 21,424.1 % | -462.9 % | 738.4 % | -8.7 % | 2.7 % |
Login required
This content is only available for logged in users
Quarter data
Q2/23 | Q3/23 | Q4/23 | 2023 | Q1/24 | Q2/24e | Q3/24e | Q4/24e | 2024e | |
---|---|---|---|---|---|---|---|---|---|
Revenue | 2.5 | 0.8 | 0.7 | 5.7 | 0.5 | 1.9 | 74.9 | 0.7 | 78.1 |
EBITDA | -69.3 | -23.3 | -16.6 | -159.9 | -16.3 | -26.8 | 31.1 | -52.8 | -64.8 |
EBIT | -75.9 | -27.6 | -22.3 | -180.3 | -19.9 | -33.1 | 24.9 | -59.1 | -87.2 |
Profit before taxes | -65.5 | -44.3 | -30.7 | -187.9 | -32.2 | -45.4 | 12.6 | -71.4 | -136.4 |
Net income | -65.5 | -44.3 | -30.3 | -187.3 | -32.1 | -45.4 | 12.6 | -71.4 | -136.3 |
Login required
This content is only available for logged in users
ShowingAll content types
Extending credit facility until the end of the current year
Hexicon Extends Current Credit Facility
Join Inderes community
Don't miss out - create an account and get all the possible benefits
FREE account
Stock market's most popular morning newsletter
Analyst comments and recommendations
Stock comparison tool
PREMIUM account
All company reports and content
Premium tools (e.g. insider transactions & stock screener)
Model portfolio
![Hexicon Q1'24: Focus is on the MunmuBaram project](https://www.inderes.se/cdn-cgi/image/format=auto,width=640,height=358,quality=90,fit=cover/https://content.inderes.se/assets/3606c3b3-14e2-4c2e-af3b-22adb9b44daa.png)
Hexicon Q1'24: Focus is on the MunmuBaram project
![Hexicon, Audiocast, Q1'24](https://www.inderes.se/cdn-cgi/image/format=auto,width=640,height=358,quality=90,fit=cover/https://content.inderes.se/assets/b3b88560-06e2-49af-874d-76dcadb5a89e.png)
Hexicon, Audiocast, Q1'24
Hexicon AB (publ) publishes interim report January-March 2024
![Hexicon Q1’24 preview: Eyes on project divestment opportunities](https://www.inderes.se/cdn-cgi/image/format=auto,width=640,height=358,quality=90,fit=contain/https://content.inderes.se/assets/16da572e-54f5-4a62-8b02-dfe3dac4b05e.png)
Hexicon Q1’24 preview: Eyes on project divestment opportunities
Invitation to presentation of Hexicon’s interim report for the first quarter 2024
Annual general meeting held in Hexicon AB (publ)
![Propelled forward by floating wind power](https://www.inderes.se/cdn-cgi/image/format=auto,width=640,height=358,quality=90,fit=cover/https://content.inderes.se/assets/c4e654d8-c727-40bc-b200-922c24c63ae9.png)
Propelled forward by floating wind power
Hexicon publishes its annual report for 2023
Notice to attend the annual general meeting in Hexicon AB (publ)
Hexicon to take full ownership of South Korean floating offshore wind project
![Hexicon, Audiocast, Q4, 2023](https://www.inderes.se/cdn-cgi/image/format=auto,width=640,height=358,quality=90,fit=cover/https://content.inderes.se/assets/aa6ef5aa-60bb-497d-9ae3-86653d281eb7.png)
Hexicon, Audiocast, Q4, 2023
HEXICON OCTOBER-DECEMBER 2023 INTERIM REPORT
Invitation to Hexicon’s presentation of the year-end report for 2023 on February 21, 2024
![Hexicon, Webcast, Q3, 2023](https://www.inderes.se/cdn-cgi/image/format=auto,width=640,height=358,quality=90,fit=cover/https://content.inderes.se/assets/3e83c246-3e72-4b4c-834a-990807ecc4bd.png)