HTRO Stock Analysis: Hexatronic | ST
Communication Equipment | ST, Sweden | Market Cap: 7.661m SEK | 12M Return: 53% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 34.9M
EPS Trend: -96.4%
Qual. Beats: 1
Rev. Trend: -2.0%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Hexatronic Group AB (publ) is a Swedish-headquartered designer, manufacturer, and seller of fiber optic communication solutions, operating across Sweden, the United States, Germany, the United Kingdom, and other international markets. Its product portfolio spans passive fiber infrastructure components, including cables, cable assemblies, microducts, joint closures, cabinets, enclosures, distribution frames, splitters, and specialized systems for 5G/wireless and Fibre-to-the-Home (FTTH) deployments. The company was incorporated in 1972 and is based in Gothenburg, Sweden, serving telecom operators, network owners, contractors, and installation companies.
The company sits within the Electrical Components & Equipment sub-industry (GICS Industrials), supplying passive infrastructure that underpins fiber network build-outs. Demand for its products is closely tied to structural telecom capex cycles, particularly FTTH rollouts by operators and municipalities, fiber backhaul requirements for 5G densification, and upgrades to transport and metro networks.
- US BEAD broadband subsidies accelerate fiber network buildout demand
- North America revenue growth outpaces Europe as HTRO scales
- Fiber component margin pressure persists from elevated input costs
| Net Income: -9.00m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 2.91 > 1.0 |
| NWC/Revenue: 23.09% < 20% (prev 22.38%; Δ 0.71% < -1%) |
| CFO/TA 0.08 > 3% & CFO 664.0m > Net Income -9.00m |
| Net Debt (2.61b) to EBITDA (773.0m): 3.37 < 3 |
| Current Ratio: 2.03 > 1.5 & < 3 |
| Outstanding Shares: last quarter (205.6m) vs 12m ago -0.73% < -2% |
| Gross Margin: 21.43% > 18% (prev 32.13%; Δ -10.70% > 0.5%) |
| Asset Turnover: 89.19% > 50% (prev 86.80%; Δ 2.38% > 0%) |
| Interest Coverage Ratio: 1.77 > 6 (EBIT TTM 212.0m / Interest Expense TTM 120.0m) |
| A: 0.21 (Total Current Assets 3.46b - Total Current Liabilities 1.71b) / Total Assets 8.32b |
| B: 0.33 (Retained Earnings 2.71b / Total Assets 8.32b) |
| C: 0.02 (EBIT TTM 212.0m / Avg Total Assets 8.50b) |
| D: 0.77 (Book Value of Equity 3.60b / Total Liabilities 4.70b) |
| Altman-Z'' = 3.41 = A |
| DSRI: 1.28 (Receivables 1.62b/1.26b, Revenue 7.58b/7.54b) |
| GMI: 1.50 (GM 32.13% / 21.43%) |
| AQI: 1.05 (AQ_t 0.35 / AQ_t-1 0.33) |
| SGI: 1.01 (Revenue 7.58b / 7.54b) |
| TATA: -0.08 (NI -9.00m - CFO 664.0m) / TA 8.32b) |
| Beneish M = -2.32 (Cap -4..+1) = BBB |
As of July 09, 2026, the stock is trading at SEK 33.36 with a total of 845,528 shares traded. Over the past week, the price has changed by -11.32%, over one month by -22.83%, over three months by -2.14% and over the past year by +52.96%.
Current recommended Stop Loss: 30.90 (which is 7.4% or 1.2 ATR below the current price).
Hexatronic has no consensus analysts rating.
P/E Forward = 9.1827
P/S = 1.0444
P/B = 2.3251
Revenue TTM = 7.58b SEK
EBIT TTM = 212.0m SEK
EBITDA TTM = 773.0m SEK
Long Term Debt = 2.21b SEK (from longTermDebt, last quarter)
Short Term Debt = 182.0m SEK (from shortTermDebt, last quarter)
Debt = 3.21b SEK (from shortLongTermDebtTotal, last quarter) + Leases 468.0m
Net Debt = 2.61b SEK (calculated: Debt 3.21b - CCE 603.0m)
Enterprise Value = 10.3b SEK (7.66b + Debt 3.21b - CCE 603.0m)
Interest Coverage Ratio = 1.77 (Ebit TTM 212.0m / Interest Expense TTM 120.0m)
EV/FCF = 18.37x (Enterprise Value 10.3b / FCF TTM 559.0m)
FCF Yield = 5.44% (FCF TTM 559.0m / Enterprise Value 10.3b)
FCF Margin = 7.37% (FCF TTM 559.0m / Revenue TTM 7.58b)
Net Margin = -0.12% (Net Income TTM -9.00m / Revenue TTM 7.58b)
Gross Margin = 21.43% ((Revenue TTM 7.58b - Cost of Revenue TTM 5.96b) / Revenue TTM)
Gross Margin QoQ = 41.34% (prev 7.60%)
Tobins Q-Ratio = 1.23 (Enterprise Value 10.3b / Total Assets 8.32b)
Interest Expense / Debt = 3.74% (Interest Expense 120.0m / Debt 3.21b)
Taxrate = 15.60% (17.0m / 109.0m)
NOPAT = 178.9m (EBIT 212.0m * (1 - 15.60%))
Current Ratio = 2.03 (Total Current Assets 3.46b / Total Current Liabilities 1.71b)
Debt / Equity = 0.89 (Debt 3.21b / totalStockholderEquity, last quarter 3.60b)
Debt / EBITDA = 3.37 (Net Debt 2.61b / EBITDA 773.0m)
Debt / FCF = 4.67 (Net Debt 2.61b / FCF TTM 559.0m)
Total Stockholder Equity = 3.61b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.11% (Net Income -9.00m / Total Assets 8.32b)
RoE = -0.25% (Net Income TTM -9.00m / Total Stockholder Equity 3.61b)
RoCE = 3.64% (EBIT 212.0m / Capital Employed (Equity 3.61b + L.T.Debt 2.21b))
RoIC = 2.79% (NOPAT 178.9m / Invested Capital 6.42b)
WACC = 7.48% (E(7.66b)/V(10.9b) * Re(9.30%) + D(3.21b)/V(10.9b) * Rd(3.74%) * (1-Tc(0.16)))
Discount Rate = 9.30% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 72.55 | Cagr: 0.57%
[DCF] Terminal Value 77.97% ; FCFF base≈467.8m ; Y1≈536.3m ; Y5≈789.2m
[DCF] Fair Price = 41.86 (EV 11.9b - Net Debt 2.61b = Equity 9.27b / Shares 221.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -96.42 | EPS CAGR: -38.44% | SUE: 2.31 | # QB: 1
Revenue Correlation: -2.02 | Revenue CAGR: -0.13% | SUE: -0.64 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.55 | Chg30d=-1.79% | Revisions=+25% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.59 | Chg30d=+19.00% | Revisions=+25% | Analysts=2
EPS current Year (2026-12-31): EPS=2.11 | Chg30d=+0.16% | Revisions=+25% | GrowthEPS=+53.0% | GrowthRev=+7.9%
EPS next Year (2027-12-31): EPS=2.57 | Chg30d=+3.55% | Revisions=+25% | GrowthEPS=+21.8% | GrowthRev=+9.6%
[Analyst] Revisions Ratio: +57% (up=4, down=0)