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Hexagon Purus ASA (HPURF) Stock Analysis

$1.20 $0.00 (0.00%) |CouncilSplit View · 37 · D
Hexagon Purus ASA (HPURF) bottom line: signals are mixed — the Council read leans Split View (37/100) while the AI fundamental score is 42/100 (grade C); the two lenses disagree, so weigh the breakdown below. Strongest signal: Ray Dalio bullish · Biggest watch-out: Seth Klarman bearish.Educational signal, not a buy or sell recommendation. Compare sector peers → · Read the method →
MCap: $51.4M| Vol: 25.0K| 52-wk range: $0.1605 – $1.96

Market cap $51.4M is the value of all shares combined.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Hexagon Purus ASA (HPURF) trades at $1.20 with AI Score 42/100 (Grade C). Hexagon Purus ASA provides hydrogen and battery systems for zero-emission vehicles and infrastructure. Market cap: $51.4M, Sector: Industrials.

Price as of Aug 28, 2026 · Last analyzed: Mar 16, 2026
Hexagon Purus ASA provides hydrogen and battery systems for zero-emission vehicles and infrastructure. The company focuses on high-pressure cylinders and systems for various applications, including light-duty vehicles, heavy-duty transport, and aerospace.

Analyst Coverage for HPURF: HPURF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates HPURF against Industrials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.

Watch the HPURF film Every key number, told as a short cinematic story — just press play. ~2 min
Council Score · Weighted Average of 3 Disciplines
Split View 37/100 · D

HPURF: 2/3 scored disciplines lean bearish. Dominant signal: Seth Klarman bearish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI
Ray Dalio
Bullish
Izzy Englander
Bearish
Seth Klarman
Bearish
Moon AI
Bearish
Munger's Mindset · Balance Sheet & Valuation
Financial Health
Negative
Margin of Safety
Fairly Valued
Council Score · Weighted Average of 3 Disciplines · See tabs for details →
The lenses are modelled on the published principles of the investors named. We are not affiliated with them, they have not endorsed this, and it is not their opinion of this stock.

Why this analysis is different

  • A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
  • An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
  • Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.

Hexagon Purus ASA (HPURF) Industrial Operations Profile

CEOMorten Holum
Employees623
HeadquartersOslo, NO
IPO Year2021

Hexagon Purus ASA, a subsidiary of Hexagon Composites, specializes in hydrogen and battery electric vehicle systems, offering high-pressure cylinders and integrated solutions for diverse applications. The company operates within the growing hydrogen economy, targeting the transportation, infrastructure, and aerospace sectors with its innovative technologies.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 16, 2026

What Is the Investment Thesis for HPURF?

As of Mar 16, 2026 — figures reflect the data available on that date.

Hexagon Purus operates in the rapidly expanding hydrogen economy, positioning itself to benefit from increasing demand for zero-emission transportation solutions. The company's expertise in high-pressure hydrogen storage and distribution, coupled with its focus on battery electric vehicle systems, provides a diversified approach to the market. While currently unprofitable with a negative profit margin of -133.6%, the company's growth potential is tied to the adoption of hydrogen and electric vehicles across various sectors. Key value drivers include strategic partnerships, technological advancements in cylinder design, and expansion into new geographic markets. Investors should monitor revenue growth, gross margin improvement (currently at 15.2%), and progress towards profitability as indicators of long-term success.

Based on FMP financials and quantitative analysis

HPURF Key Highlights

Hexagon Purus specializes in hydrogen type 4 high-pressure cylinders, a critical component for hydrogen-powered vehicles and infrastructure.

  • The company's solutions cater to a wide range of applications, including light-duty vehicles, heavy-duty transport, rail, maritime, and aerospace.
  • Hexagon Purus is a subsidiary of Hexagon Composites ASA, leveraging its parent company's expertise in composite materials.
  • The company's negative profit margin of -133.6% indicates significant investment in growth and technology development.
  • Hexagon Purus operates in the rapidly expanding hydrogen economy, driven by increasing demand for zero-emission transportation solutions.

Who Are HPURF's Competitors?

HPURF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
ACCMF AAC Clyde Space AB (publ) $12.60 0.00% $90.3M 449-signal
AFGVY Agfa-Gevaert N.V. $2.29 0.00% $88.6M
APTL Alaska Power & Telephone Company $84.50 0.00% $109M 489-signal
EMFGF Fluence Corporation Limited $0.07 +24.33% $80.1M 569-signal
CVTYF Coventry Group Ltd $0.74 0.00% $68.3M
BRIA Brillia Inc $1.40 +0.72% $35.0M 439-signal
PRKCF Parker Corporation $3.55 0.00% $112M
KHDHF KHD Humboldt Wedag International AG $2.35 0.00% $117M 409-signal

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are HPURF's Key Strengths?

Expertise in high-pressure cylinder technology.

  • Strong position in the growing hydrogen economy.
  • Comprehensive product portfolio for hydrogen and battery electric vehicles.
  • Subsidiary of Hexagon Composites ASA, providing access to resources and expertise.

What Are HPURF's Weaknesses?

Currently unprofitable with a negative profit margin.

  • Dependent on the adoption rate of hydrogen and electric vehicles.
  • Limited brand recognition compared to larger competitors.
  • Exposure to fluctuations in raw material prices.

What Could Drive HPURF Stock Higher?

Increasing demand for zero-emission transportation solutions.

  • Government incentives and regulations supporting hydrogen and electric vehicles.
  • Potential new partnerships with automotive manufacturers.
  • Development of new hydrogen infrastructure projects.
  • Technological advancements in cylinder design and materials.

What Are the Key Risks for HPURF?

Financial-distress signal — its Altman Z-Score of -0.21 sits in the distress zone (elevated bankruptcy risk).

  • Inconsistent delivery — missed Wall Street EPS estimates in 5 of the last 8 reported quarters.
  • Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
  • Competition from established players in the energy and automotive industries.
  • Technological advancements that could render existing products obsolete.
  • Changes in government regulations and incentives for hydrogen and electric vehicles.
  • Dependence on the adoption rate of hydrogen and electric vehicles.
  • Currently unprofitable with a negative profit margin.

What Are the Growth Opportunities for HPURF?

  • Expansion into the Aerospace Sector: Hexagon Purus has the opportunity to leverage its high-pressure cylinder technology to serve the growing demand for hydrogen-powered aircraft. The aerospace industry is actively exploring hydrogen as a sustainable aviation fuel, presenting a significant market opportunity for Hexagon Purus. This expansion could involve developing specialized storage solutions for aircraft and collaborating with aerospace manufacturers. The timeline for significant revenue generation in this sector is estimated at 3-5 years, contingent on regulatory approvals and technological advancements.
  • Development of Hydrogen Infrastructure Solutions: As the hydrogen economy expands, the need for robust infrastructure to support hydrogen production, storage, and distribution will increase. Hexagon Purus can capitalize on this trend by developing integrated solutions for hydrogen refueling stations, pipelines, and storage facilities. This includes providing high-pressure cylinders, compression systems, and related equipment. The market for hydrogen infrastructure is projected to grow significantly over the next decade, offering substantial growth potential for Hexagon Purus.
  • Strategic Partnerships with Automotive Manufacturers: Collaborating with automotive manufacturers to integrate Hexagon Purus' hydrogen storage systems into fuel cell electric vehicles (FCEVs) is a key growth opportunity. By establishing strategic partnerships, Hexagon Purus can secure long-term supply contracts and gain access to a broader customer base. This includes working with both established automakers and emerging electric vehicle companies. The timeline for realizing this opportunity is dependent on the pace of FCEV adoption, which is expected to accelerate in the coming years.
  • Advancements in Cylinder Technology: Continuous innovation in cylinder design and materials is crucial for improving the performance, safety, and cost-effectiveness of hydrogen storage systems. Hexagon Purus can invest in research and development to create lighter, stronger, and more durable cylinders. This includes exploring new composite materials and manufacturing processes. Technological advancements can enhance the company's competitive advantage and enable it to capture a larger share of the market.
  • Geographic Expansion: Expanding into new geographic markets, particularly in Asia and North America, is a significant growth opportunity for Hexagon Purus. These regions are experiencing increasing demand for zero-emission transportation solutions and are investing heavily in hydrogen infrastructure. By establishing a presence in these markets, Hexagon Purus can tap into new customer segments and diversify its revenue streams. This expansion may involve setting up local manufacturing facilities, establishing sales offices, and forming partnerships with regional players.

What Are HPURF's Competitive Advantages?

  • Proprietary technology in high-pressure cylinder design and manufacturing.
  • Strong relationships with key players in the hydrogen and electric vehicle industries.
  • Expertise in composite materials and engineering.
  • Established reputation for quality and reliability.

What Does HPURF Do?

Hexagon Purus Holding AS, established in 2017 and headquartered in Alesund, Norway, is a key player in the development and provision of hydrogen and battery electric vehicle solutions. As a subsidiary of Hexagon Composites ASA, the company leverages its parent's expertise in composite materials to produce high-pressure cylinders and systems for hydrogen storage and transportation. Hexagon Purus offers a comprehensive suite of products, including hydrogen high-pressure vessels and systems tailored for light-duty vehicles, infrastructure, distribution, rail, medium and heavy-duty vehicles, as well as aerospace and aviation applications. In addition to hydrogen solutions, Hexagon Purus provides systems for battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs), focusing on buses and battery packs. The company's high-pressure hydrogen storage cylinders are designed to enable various applications across transit buses, ground storage, distribution, maritime, rail, and aerospace sectors. Hexagon Purus aims to drive the transition to zero-emission mobility by delivering safe, efficient, and reliable energy storage and distribution solutions.

What Products and Services Does HPURF Offer?

  • Provides hydrogen type 4 high-pressure cylinders.
  • Offers vehicle systems for fuel cell electric vehicles.
  • Supplies battery packs for battery electric vehicles.
  • Develops hydrogen high-pressure vessels and systems for light duty vehicles.
  • Creates solutions for hydrogen infrastructure and distribution.
  • Offers systems for battery electric vehicles and fuel cell electric vehicles for buses.
  • Provides high pressure hydrogen storage cylinders for transit buses, ground storage, maritime, rail, and aerospace applications.

How Does HPURF Make Money?

  • Designs, manufactures, and sells high-pressure cylinders for hydrogen storage and transportation.
  • Integrates cylinders into complete systems for vehicles and infrastructure.
  • Provides battery packs and related systems for electric vehicles.
  • Generates revenue through direct sales to OEMs, infrastructure developers, and other customers.

What Industry Does HPURF Operate In?

Hexagon Purus operates within the industrial distribution sector, specifically targeting the hydrogen and battery electric vehicle markets. The industry is characterized by increasing demand for zero-emission transportation solutions, driven by environmental regulations and growing awareness of climate change. The competitive landscape includes companies specializing in hydrogen storage, fuel cell technology, and battery systems. Hexagon Purus differentiates itself through its expertise in high-pressure cylinders and integrated systems, catering to a diverse range of applications across transportation, infrastructure, and aerospace. The company's success is tied to the broader adoption of hydrogen and electric vehicles and the development of supporting infrastructure.

Who Are HPURF's Key Customers?

  • Automotive manufacturers producing fuel cell electric vehicles.
  • Public transportation agencies operating hydrogen-powered buses.
  • Companies developing hydrogen refueling infrastructure.
  • Aerospace companies exploring hydrogen-powered aircraft.
Model self-rating on this text: 71% (not a measure of the evidence) Updated: Mar 16, 2026

Research confidence

Medium 45/100

Enough evidence to be useful, with gaps worth knowing about.

  • Scoring coverage unknown
  • Price is current
  • Latest filing 59 days ago
  • No analyst coverage
  • Reported in NOK, converted to USD

Why 42?

This rating comes from our nine-signal model, which produces a score but not a per-factor breakdown. The sector-relative five-pillar model, which explains its own contributions, does not cover this listing yet. How the score is built →

MoonshotScore History

Recorded daily since 2026-08-23 · 5 snapshots

2026-08-23 42
2026-08-24 42
2026-08-25 42
2026-08-26 42
2026-08-27 42

What changed?

The score has stayed at 42.

Over the same 4 days the stock moved +0.0%.

3/8 beats

Earnings Track Record

Hexagon Purus ASA has missed Wall Street's EPS estimate in 5 of its last 8 reported quarters — a mixed record worth weighing. Reported results have landed about 36.7% below estimates on average.

Quarterly Financial Performance: Hexagon Purus ASA

Revenue for Hexagon Purus ASA came in at $15.2M during Q2 FY2026, a 47.2% contraction versus the preceding quarter. The company recorded a net loss of $23.0M, with diluted EPS of $-0.54. Revenue has contracted over three consecutive quarters, which investors in this micro-cap Industrials stock should monitor closely. Across the four most recent quarters, HPURF averaged $-0.78 in diluted EPS.

HPURF Valuation & Market Position

With a $51.4M market cap, Hexagon Purus ASA sits in the micro-cap segment of the market. Relative to its peer group, HPURF's quantitative score of 42/100 is roughly in line with the peer average of 46/100.

Key Financial Metrics

Return on assets is -44.3%, showing how much profit it generates from its asset base. Its free cash flow yield is -63.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 2.47 indicates the company holds enough short-term assets to cover its near-term obligations.

F-Score 2/9

Financial Health

Hexagon Purus ASA's Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -0.21 places it in the distress zone, a signal of elevated financial risk.

Company Profile

Hexagon Purus ASA operates in the Industrial - Machinery industry within the Industrials sector. It is headquartered in Oslo, NO. The company is led by CEO Morten Holum. HPURF has traded publicly since 2021.

HPURF Financials

Fundamental Snapshot

Revenue Growth (FY)
-38.7%
Net Income Growth (FY)
-35.3%
EPS Growth (FY)
+11.3%
Free Cash Flow Growth (FY)
+44.9%
Return on Equity (TTM)
-293.3%
Current Ratio
2.5

Based on FMP financials and quantitative analysis · FY 2025

Bull Case vs Bear Case

Bull Case

  • Expertise in high-pressure cylinder technology.
  • Strong position in the growing hydrogen economy.
  • Comprehensive product portfolio for hydrogen and battery electric vehicles.
  • Subsidiary of Hexagon Composites ASA, providing access to resources and expertise.

Bear Case

  • Currently unprofitable with a negative profit margin.
  • Dependent on the adoption rate of hydrogen and electric vehicles.
  • Limited brand recognition compared to larger competitors.
  • Exposure to fluctuations in raw material prices.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

Recent Quarterly Results

Quarter Revenue Net Income EPS
Q2 FY2026 $15M -$23M -$0.54
Q1 FY2026 $29M -$18M -$0.42
Q4 FY2025 $50M -$55M -$1.28
Q3 FY2025 $26M -$38M -$0.89

Q2 FY2026 · filed 30 Jun 2026 · Financial Modeling Prep

Based on FMP financials and quantitative analysis · Converted to USD from NOK at today's rate

HPURF Latest News

No recent news available for HPURF.

HPURF Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for HPURF.

Price Targets

Wall Street price target analysis for HPURF.

HPURF MoonshotScore

42/100

What does this score mean?

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. HPURF scores 42/100 (Grade C): the number comes from the legacy nine-factor engine (quantitative signals from revenue growth to news sentiment), written once, not refreshed.

Leadership: Morten Holum

CEO

Morten Holum serves as the CEO of Hexagon Purus, bringing extensive experience in the energy and technology sectors. Prior to joining Hexagon Purus, he held leadership positions at various companies, focusing on business development, strategy, and operations. His background includes a strong understanding of the hydrogen economy and the challenges and opportunities associated with the transition to zero-emission transportation. He is responsible for driving the company's growth strategy and overseeing its global operations.

Track Record: Under Morten Holum's leadership, Hexagon Purus has focused on expanding its product portfolio, forging strategic partnerships, and entering new geographic markets. Key milestones include securing contracts with major automotive manufacturers, developing innovative cylinder technologies, and establishing a presence in key regions such as Asia and North America. He has overseen the company's efforts to scale up production capacity and improve operational efficiency.

HPURF OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that Hexagon Purus (HPURF) may not meet the minimum financial or reporting standards required for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosures, be undergoing restructuring, or face regulatory issues. Investing in companies on the OTC Other tier carries higher risks due to the potential for less transparency and greater volatility compared to stocks listed on major exchanges like the NYSE or NASDAQ.

  • OTC Tier: OTC Other
Liquidity: Liquidity for HPURF on the OTC market is likely to be limited, which can result in wider bid-ask spreads and greater price volatility. The trading volume may be low, making it difficult to buy or sell large quantities of shares without significantly impacting the price. Investors should exercise caution and consider using limit orders to manage the risk of price fluctuations.
OTC Risk Factors:
  • Limited financial disclosure and transparency.
  • Higher price volatility due to lower trading volume.
  • Potential for market manipulation and fraud.
  • Increased risk of delisting or suspension of trading.
  • Difficulty in obtaining accurate and timely information about the company.
Due Diligence Checklist:
  • Verify the company's financial statements and reporting practices.
  • Research the company's management team and their track record.
  • Assess the company's business model and competitive landscape.
  • Evaluate the company's legal and regulatory compliance.
  • Understand the risks associated with investing in OTC stocks.
  • Consult with a financial advisor before making any investment decisions.
Legitimacy Signals:
  • Subsidiary of Hexagon Composites ASA, a reputable company.
  • Focus on the growing hydrogen and electric vehicle markets.
  • Partnerships with established companies in the automotive and energy industries.
  • Development of innovative cylinder technologies.
  • Presence in key geographic markets.

Hexagon Purus ASA Industrials Stock: Key Questions Answered

What does the AI Score mean for HPURF?

HPURF holds an AI Score of 42/100 (Grade: C). This is an educational research signal, not a buy or sell recommendation. The number comes from the legacy nine-factor engine (quantitative signals from revenue growth to news sentiment), written once, not refreshed. Hexagon Purus ASA provides hydrogen and battery systems for zero-emission vehicles and infrastructure.

What do analysts say about HPURF stock?

As of 2026-03-16, there is no readily available analyst consensus on HPURF stock due to its OTC listing and limited coverage.

What are the key factors to evaluate for HPURF?

Hexagon Purus ASA (HPURF) holds an AI score of 42/100 (low). Hexagon Purus can invest in research and development to create lighter, stronger, and more durable cylinders. Not financial advice.

How frequently does HPURF data refresh on this page?

HPURF's price was last updated on Aug 28, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.

What has driven HPURF's recent stock price performance?

Hexagon Purus ASA (HPURF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Expertise in high-pressure cylinder technology. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider HPURF overvalued or undervalued right now?

Hexagon Purus ASA (HPURF) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

How do I research HPURF before investing?

Before investing in Hexagon Purus ASA (HPURF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Why might investors consider adding HPURF to a portfolio?

Key strength of Hexagon Purus ASA (HPURF): Expertise in high-pressure cylinder technology. Weigh rewards against risks and diversify. Not financial advice.

Can I buy fractional shares of HPURF?

Yes, most major brokerages offer fractional shares of Hexagon Purus ASA (HPURF) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Financial data is based on the most recent available information.
  • OTC market data may be limited or inconsistent.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis

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