Want to see SE:HPOL.B full AI Analyst Report?
Top Page
Hexpol AB
(HPOL.B)
Select Model
Select Model
Rating:68Neutral
Price Target:
kr102.00
▲(27.26% Upside)
Action:Downgraded
Date:10/27/26
The score is primarily driven by solid financial performance (sound balance sheet, resilient margins, and positive free cash flow) but reduced by weakening recent earnings and cash-flow momentum. Valuation is a supportive factor due to the ~4.5% dividend yield and reasonable P/E, while technicals are mixed-to-soft with the price below key short-term moving averages and a sub-40 RSI.
Positive Factors
Conservative Balance Sheet
Moderate leverage and a growing equity base provide financial resilience and flexibility for customer support, investment, and capital allocation. Although debt has increased, the balance sheet remains generally conservative, reducing the risk that normal industrial volatility materially disrupts operations.
Negative Factors
Margin and Earnings Compression
The decline in margins and net income shows that Hexpol's earnings power has weakened despite relatively stable sales. If profitability remains below prior levels, the company may have less capacity to fund expansion, absorb cost pressure, or deliver improving returns to shareholders.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Moderate leverage and a growing equity base provide financial resilience and flexibility for customer support, investment, and capital allocation. Although debt has increased, the balance sheet remains generally conservative, reducing the risk that normal industrial volatility materially disrupts operations.
Read all positive factors
Hexpol AB (HPOL.B) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr31.83B
Dividend Yield4.55%
Average Volume (3M)383.72K
Price to Earnings (P/E)17.6
Beta (1Y)0.98
Revenue Growth-0.82%
EPS Growth-7.46%
CountrySE
Employees4,987
SectorGeneral
Sector StrengthN/A
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)5.25
Shares Outstanding329,671,230
10 Day Avg. Volume577,562
30 Day Avg. Volume383,720
Financial Highlights & Ratios
PEG Ratio-1.24
Price to Book (P/B)2.16
Price to Sales (P/S)1.57
P/FCF Ratio17.17
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr110.00Price Target Upside37.24% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)6.05
Revenue Forecast (FY)kr19.97B
Hexpol AB Business Overview & Revenue Model
Company Description
HEXPOL AB (publ) is an international firm engaged in the development, manufacturing, and sale of a wide array of polymer compounds and specialized engineered products. Its activities are organized into two primary divisions: HEXPOL Compounding and...
How the Company Makes Money
Hexpol makes money primarily by selling proprietary polymer compounds and engineered polymer products to manufacturers. Its core revenue stream is the sale of rubber compounds and TPE compounds that customers use as input materials to produce fini...
Hexpol AB Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
76
Positive
Cash Flow
66
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 19.60B | 19.32B | 20.44B | 22.05B | 22.24B | 16.00B |
| Gross Profit | 4.11B | 4.06B | 4.37B | 4.86B | 4.34B | 3.47B |
| EBITDA | 3.31B | 3.36B | 3.82B | 4.13B | 3.84B | 3.54B |
| Net Income | 1.81B | 1.94B | 2.22B | 2.52B | 2.48B | 2.36B |
Balance Sheet | ||||||
| Total Assets | 26.73B | 22.96B | 24.88B | 22.51B | 23.55B | 17.96B |
| Cash, Cash Equivalents and Short-Term Investments | 2.32B | 1.15B | 1.23B | 1.10B | 1.54B | 1.32B |
| Total Debt | 5.59B | 4.33B | 3.47B | 2.68B | 4.39B | 2.22B |
| Total Liabilities | 11.40B | 8.94B | 8.94B | 7.93B | 9.79B | 6.31B |
| Stockholders Equity | 15.34B | 14.02B | 15.95B | 14.58B | 13.77B | 11.65B |
Cash Flow | ||||||
| Free Cash Flow | 2.04B | 1.76B | 2.09B | 2.84B | 1.93B | 2.10B |
| Operating Cash Flow | 2.60B | 2.32B | 2.70B | 3.52B | 2.59B | 2.41B |
| Investing Cash Flow | -560.00M | -1.52B | -1.50B | -895.00M | -2.17B | -862.00M |
| Financing Cash Flow | -983.00M | -588.00M | -1.28B | -2.95B | 104.00M | -1.37B |
Hexpol AB Technical Analysis
Negative
80.15
Price Trends
95.20
Negative
87.87
Positive
80.11
Positive
Market Momentum
-0.49
Positive
38.62
Neutral
61.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:HPOL.B, the sentiment is Negative. The current price of 80.15 is below the 20-day moving average (MA) of 95.83, below the 50-day MA of 95.20, and above the 200-day MA of 80.11, indicating a neutral trend. The MACD of -0.49 indicates Positive momentum. The RSI at 38.62 is Neutral, neither overbought nor oversold. The STOCH value of 61.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:HPOL.B.
Hexpol AB Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | kr31.83B | 17.60 | 12.33% | 4.55% | -0.82% | -7.46% | |
68 Neutral | kr15.23M | 4.55 | ― | ― | -17.14% | 88.76% | |
62 Neutral | kr2.07B | 23.49 | ― | 1.78% | -0.75% | 2.22% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
48 Neutral | kr87.95M | -1.59 | -176.65% | ― | -21.95% | -28.77% | |
44 Neutral | kr80.72M | -18.52 | -1.52% | 7.50% | -18.26% | 35.77% | |
42 Neutral | kr23.72M | -0.54 | -87.92% | 0.00% | -11.55% | 60.56% |
* General Sector Average
SE:HPOL.B
Hexpol AB
92.40
10.68
13.07%
SE:AERO
Svenska Aerogel Holding AB
0.45
-0.99
-68.95%
SE:POLYG
Polygiene AB
2.21
-7.19
-76.49%
SE:ORGC
OrganoClick AB
0.48
-1.27
-72.57%
SE:ABSO
Absolent Air Care Group AB
182.50
-51.71
-22.08%
SE:PCAT
Photocat A/S
2.54
-1.21
-32.27%
Hexpol AB Corporate Events
Hexpol Delivers Q3 2026 Sales Growth Amid Margin and Cash Flow Pressure
Oct 23, 2026
Hexpol AB, a leading global polymers group, focuses on advanced rubber and thermoplastic compounding, gaskets and seals for plate heat exchangers, and polymer-based wheels for truck and castor applications. Serving automotive, engineering, constru...
HEXPOL Keeps CEO Henrik Elmin to Ensure Strategic Continuity
Oct 23, 2026
HEXPOL AB has confirmed that Henrik Elmin will continue in his role as CEO and president, following his appointment in May 2026 and assumption of the position on 1 August. The decision, reached jointly by Elmin and the board, is intended to secure...
HEXPOL buys majority stake in Turkish elastomer specialist Symplast
Oct 21, 2026
HEXPOL has agreed to acquire 80 percent of Symplast A.Ş., a leading Turkish developer and manufacturer of specialized thermoplastic elastomer compounds, for 54 MEUR on a cash- and debt-free basis. The deal, subject to competition authority ap...
Hexpol Schedules Q3 2026 Report and Investor Webcast
Oct 9, 2026
Hexpol AB is a world-leading polymers group with strong global positions in advanced polymer compounds, gaskets for plate heat exchangers, and polymer wheels for truck and castor applications. Its customers are mainly system suppliers in the globa...
Hexpol closes €143.5m acquisition of Italy’s Vipa Group to boost wire and cable business
Oct 1, 2026
Hexpol has completed the acquisition of Italy’s Vipa Group, a leading European developer and manufacturer of thermoplastic compounds focused on the high-quality, fast-growing Wire Cable segment. Vipa operates two Italian production sites an...
Hexpol boosts thermoplastics platform with 143.5 MEUR acquisition of Italy’s Vipa Group
Jul 31, 2026
Hexpol AB has agreed to acquire 100 percent of Italy’s Vipa Group, a leading European developer and manufacturer of thermoplastic compounds for high-quality wire and cable applications, in a deal valued at 143.5 MEUR on a cash- and debt-free...
Hexpol Plans Leadership Transition in Global Rubber Compounding Business
Jul 30, 2026
Hexpol AB, a global market leader in rubber compounding, operates specialized compounding businesses across Europe and Asia, supplying advanced rubber materials to industrial customers and relying on long-established management teams to sustain it...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.