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Employees: 2,011
Size Hexatronic (HTRO.ST) is a Sweden Information Technology company (Electronic Components) with a market value of $821M, the 146th largest of 221 Sweden companies the cockpit tracks. Shares closed at SEK 36.41 on 6 Nov 2026.
Performance Over six months the shares fell 16.6%, against -18.8% for the median peer and +8.2% for the Sweden market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 7.2% over the last twelve months (peer median +20.1%); the operating margin is 6.3% (peer median 7.6%).
Valuation It trades at 15.0× forward earnings against a peer median of 18.2× (6th cheapest of 14).
Price implies For today's price to make sense, revenue must grow about 13% a year for seven years (Req g). Recent delivered growth is +28%, so the hurdle is -15 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.2 points below its cost of capital (10.3% WACC).
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | SEK 8.17B | SEK 7.25B | SEK 7.58B | SEK 8.15B | SEK 6.57B |
| Revenue growth | — | -4% | -7% | +24% | — |
| Gross profit | SEK 515M | SEK 87.0M | SEK 663M | SEK 1.13B | SEK 998M |
| EBITDA | SEK 921M | SEK 476M | SEK 1.05B | SEK 1.44B | SEK 1.18B |
| Net income | SEK 346M | -SEK 14.0M | SEK 346M | SEK 848M | SEK 795M |
| Free cash flow | SEK 674M | SEK 491M | SEK 605M | SEK 434M | SEK 208M |
| Capital expenditure | SEK 114M | SEK 98.0M | SEK 325M | SEK 519M | SEK 479M |
| Total debt | SEK 2.46B | SEK 2.69B | SEK 3.07B | SEK 3.49B | SEK 2.35B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | HTRO.ST | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -11.3% | -21.5% | 7th highest of 21 |
| 6-month return | -16.6% | -18.8% | 10th highest of 21 |
| Distance from 52-week high | -25.5% | -43.3% | 2nd highest of 21 |
| Revenue growth (TTM) | +7.2% | +20.1% | 5th lowest of 21 |
| Operating margin | 6.3% | 7.6% | 10th lowest of 21 |
| Forward P/E | 15.0× | 18.2× | 6th cheapest of 14 |
| Growth the price implies (Req g, 7 yrs) | 12.9% | 20.1% | 4th least demanding of 13 |
| Growth delivered (Del g) | +28.3% | +8.9% | 2nd highest of 13 |
| Hurdle (Req g minus delivered) | -15.4 pp | +7.3 pp | 3rd least demanding of 13 |
| ROIC minus cost of capital | -4.2 pp | +1.0 pp | 6th lowest of 21 |
| EV / EBITDA | 10.7× | 12.9× | 4th cheapest of 8 |
| Net debt / EBITDA | 1.9× | -0.6× | 2nd most indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Hexatronic HTRO.ST | Sweden | $821M | -17% | +7% | 6% | 15.0× | 12.9% | +28.3% |
| Jiangsu Allfavor Intelligent Circuits Technology 300964.SZ | China | $821M | +1% | +78% | 8% | n/a | n/a | n/a |
| Basler BSL.DE | Germany | $823M | -7% | +31% | 15% | 19.1× | 23.8% | +5.7% |
| Shenzhen Xunjiexing Technology 688655.SS | China | $810M | -13% | +70% | 0% | n/a | n/a | n/a |
| Shenzhen Jingquanhua Electronics 002885.SZ | China | $840M | -34% | +9% | 4% | n/a | 27.6% | +20.6% |
| Jutze Intelligent Technology 300802.SZ | China | $801M | -6% | +18% | 12% | 39.4× | 32.6% | +10.0% |
| Zbit Semiconductor 688416.SS | China | $798M | -34% | +122% | 19% | 27.3× | 30.7% | +13.5% |
| Dynamic 3715.TW | Taiwan | $846M | -50% | +43% | 5% | 16.3× | n/a | n/a |
| Megachips 6875.T | Japan | $772M | -17% | +2% | 1% | 3.4× | n/a | n/a |
| LEM LEHN.SW | Switzerland | $768M | +74% | -6% | 9% | 20.0× | 6.4% | -0.9% |
| Nichicon 6996.T | Japan | $758M | -27% | 0% | 5% | 13.0× | 15.3% | +7.9% |
| Cicor Technologies CICN.SW | Switzerland | $758M | -6% | +26% | 4% | 18.2× | 5.8% | +23.5% |
| Ji'an Mankun Technology 301132.SZ | China | $751M | +38% | +32% | 9% | n/a | n/a | n/a |
| Lelon Electronics 2472.TW | Taiwan | $750M | -20% | +10% | 20% | 10.9× | 8.2% | +7.6% |
| ASRock 3515.TW | Taiwan | $747M | -16% | +29% | 7% | 8.9× | n/a | n/a |
| Highbroad Advanced Material (Hefei) 301321.SZ | China | $902M | +28% | +22% | 0% | n/a | 35.6% | +5.8% |
| Shenzhen Click Technology 002782.SZ | China | $903M | -36% | +10% | 3% | 13.9× | 18.2% | +34.0% |
| Qingdao NovelBeam Technology 688677.SS | China | $904M | -54% | +11% | 28% | 30.4× | 22.1% | +17.0% |
| Qingdao Eastsoft Communication Technology 300183.SZ | China | $745M | -23% | +4% | -6% | n/a | n/a | n/a |
| Bafang Electric (Suzhou) 603489.SS | China | $906M | -31% | +18% | 13% | 31.0× | 13.8% | -0.8% |
| Shenzhen Q&D Circuits 301628.SZ | China | $917M | -26% | +37% | 13% | n/a | n/a | n/a |