Hexagon AB (publ)

Hexagon sells enterprise software, sensors, and positioning systems to businesses in manufacturing, mining, construction, and agriculture [Company Overview]. Their products include coordinate measuring machines for quality control, GPS/GNSS systems for precision positioning, and software platforms for managing industrial assets and design workflows [Company Overview]. They serve clients who need to measure, visualize, or automate physical operations — think factories checking part dimensions, mines planning blasts, or farms guiding tractors [Company Overview].

Hexagon AB is a Swedish technology company that provides specialized software, sensors, and data solutions for industrial and geospatial applications across manufacturing, mining, agriculture, and surveying [Company Overview]. The stock has fallen 10.9% year-to-date despite gaining 3% over the past twelve months, raising questions about valuation [Simply Wall St]. With a market cap of SEK 287.4B and trailing twelve-month revenue of SEK 5.4B, the company trades at a P/E of 12.9x, well below typical software multiples [Yahoo Finance].

Hexagon shows solid profitability with 66.3% gross margins, but near-flat revenue growth and modest return on capital raise questions about growth momentum [Yahoo Finance].