Kardex Holding AG Logo

Kardex Holding AG

KARN.SW

(2.5)
Stock Price

277,50 CHF

10.71% ROA

24.31% ROE

47.16x PER

Market Cap.

1.783.269.549,45 CHF

0% DER

1.51% Yield

8.4% NPM

Kardex Holding AG Stock Analysis

Kardex Holding AG Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Kardex Holding AG Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (19.01%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

3 DER

The stock has a minimal amount of debt (0%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

5 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

6 Buffet Intrinsic Value

The company's stock seems undervalued (2.892) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

7 PBV

The stock's elevated P/BV ratio (7.6x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

8 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

9 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

10 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

11 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

Kardex Holding AG Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Kardex Holding AG Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Kardex Holding AG Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Kardex Holding AG Revenue
Year Revenue Growth
2002 379.138.343
2003 393.113.285 3.55%
2004 397.248.707 1.04%
2005 425.300.000 6.6%
2006 379.100.000 -12.19%
2007 422.500.000 10.27%
2008 460.000.000 8.15%
2009 342.900.000 -34.15%
2010 355.900.000 3.65%
2011 459.200.000 22.5%
2012 484.400.000 5.2%
2013 399.300.000 -21.31%
2014 308.000.000 -29.64%
2015 338.500.000 9.01%
2016 358.500.000 5.58%
2017 376.100.000 4.68%
2018 423.400.000 11.17%
2019 471.200.000 10.14%
2020 412.900.000 -14.12%
2021 455.500.000 9.35%
2022 565.600.000 19.47%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Kardex Holding AG Research and Development Expenses
Year Research and Development Expenses Growth
2002 6.266.174
2003 5.463.938 -14.68%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 2.500.000 100%
2009 3.900.000 35.9%
2010 5.400.000 27.78%
2011 5.200.000 -3.85%
2012 5.400.000 3.7%
2013 5.900.000 8.47%
2014 7.000.000 15.71%
2015 9.300.000 24.73%
2016 9.900.000 6.06%
2017 10.300.000 3.88%
2018 11.400.000 9.65%
2019 11.300.000 -0.88%
2020 11.000.000 -2.73%
2021 12.000.000 8.33%
2022 12.700.000 5.51%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Kardex Holding AG General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 29.022.679
2003 26.480.269 -9.6%
2004 27.597.621 4.05%
2005 30.800.000 10.4%
2006 25.800.000 -19.38%
2007 23.500.000 -9.79%
2008 27.900.000 15.77%
2009 29.000.000 3.79%
2010 28.400.000 -2.11%
2011 29.100.000 2.41%
2012 29.400.000 1.02%
2013 30.300.000 2.97%
2014 26.800.000 -13.06%
2015 29.800.000 10.07%
2016 31.300.000 4.79%
2017 31.900.000 1.88%
2018 34.000.000 6.18%
2019 38.500.000 11.69%
2020 35.400.000 -8.76%
2021 37.600.000 5.85%
2022 41.900.000 10.26%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Kardex Holding AG EBITDA
Year EBITDA Growth
2002 25.371.490
2003 26.532.813 4.38%
2004 102.923.708 74.22%
2005 50.700.000 -103.01%
2006 42.400.000 -19.58%
2007 59.100.000 28.26%
2008 54.200.000 -9.04%
2009 17.200.000 -215.12%
2010 7.900.000 -117.72%
2011 20.900.000 62.2%
2012 38.100.000 45.14%
2013 37.000.000 -2.97%
2014 36.600.000 -1.09%
2015 44.200.000 17.19%
2016 45.700.000 3.28%
2017 50.200.000 8.96%
2018 58.600.000 14.33%
2019 69.200.000 15.32%
2020 64.000.000 -8.13%
2021 67.700.000 5.47%
2022 64.200.000 -5.45%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Kardex Holding AG Gross Profit
Year Gross Profit Growth
2002 93.716.151
2003 85.592.302 -9.49%
2004 91.953.016 6.92%
2005 68.400.000 -34.43%
2006 94.100.000 27.31%
2007 107.800.000 12.71%
2008 121.900.000 11.57%
2009 83.600.000 -45.81%
2010 77.300.000 -8.15%
2011 97.900.000 21.04%
2012 119.600.000 18.14%
2013 113.700.000 -5.19%
2014 102.800.000 -10.6%
2015 122.000.000 15.74%
2016 128.400.000 4.98%
2017 135.700.000 5.38%
2018 152.200.000 10.84%
2019 171.300.000 11.15%
2020 153.000.000 -11.96%
2021 163.300.000 6.31%
2022 177.700.000 8.1%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Kardex Holding AG Net Profit
Year Net Profit Growth
2002 2.073.098
2003 5.177.509 59.96%
2004 6.775.445 23.58%
2005 -34.200.000 119.81%
2006 33.200.000 203.01%
2007 21.800.000 -52.29%
2008 33.000.000 33.94%
2009 800.000 -4025%
2010 -9.800.000 108.16%
2011 3.000.000 426.67%
2012 21.400.000 85.98%
2013 31.500.000 32.06%
2014 23.800.000 -32.35%
2015 28.500.000 16.49%
2016 30.800.000 7.47%
2017 31.800.000 3.14%
2018 38.300.000 16.97%
2019 44.900.000 14.7%
2020 40.700.000 -10.32%
2021 43.700.000 6.86%
2022 37.800.000 -15.61%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Kardex Holding AG Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 3
2003 6 66.67%
2004 0 0%
2005 -6 100%
2006 2 400%
2007 4 33.33%
2008 6 40%
2009 0 0%
2010 -2 100%
2011 0 0%
2012 3 100%
2013 4 50%
2014 3 -33.33%
2015 4 0%
2016 4 0%
2017 4 25%
2018 5 0%
2019 6 20%
2020 5 0%
2021 6 0%
2022 5 -25%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Kardex Holding AG Free Cashflow
Year Free Cashflow Growth
2002 14.874.321
2003 -43.573 34236.55%
2004 -12.717.147 99.66%
2005 19.200.000 166.24%
2006 65.300.000 70.6%
2007 78.700.000 17.03%
2008 24.800.000 -217.34%
2009 16.100.000 -54.04%
2010 7.200.000 -123.61%
2011 -8.300.000 186.75%
2012 26.300.000 131.56%
2013 29.800.000 11.74%
2014 23.500.000 -26.81%
2015 43.600.000 46.1%
2016 16.400.000 -165.85%
2017 39.000.000 57.95%
2018 37.900.000 -2.9%
2019 7.700.000 -392.21%
2020 27.800.000 72.3%
2021 28.800.000 3.47%
2022 -8.400.000 442.86%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Kardex Holding AG Operating Cashflow
Year Operating Cashflow Growth
2002 27.249.480
2003 9.017.068 -202.2%
2004 -3.377.042 367.01%
2005 31.100.000 110.86%
2006 82.300.000 62.21%
2007 85.200.000 3.4%
2008 39.100.000 -117.9%
2009 25.600.000 -52.73%
2010 16.400.000 -56.1%
2011 -3.400.000 582.35%
2012 31.400.000 110.83%
2013 36.300.000 13.5%
2014 28.300.000 -28.27%
2015 48.200.000 41.29%
2016 24.200.000 -99.17%
2017 46.000.000 47.39%
2018 48.100.000 4.37%
2019 11.200.000 -329.46%
2020 49.800.000 77.51%
2021 38.600.000 -29.02%
2022 10.400.000 -271.15%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Kardex Holding AG Capital Expenditure
Year Capital Expenditure Growth
2002 12.375.159
2003 9.060.641 -36.58%
2004 9.340.106 2.99%
2005 11.900.000 21.51%
2006 17.000.000 30%
2007 6.500.000 -161.54%
2008 14.300.000 54.55%
2009 9.500.000 -50.53%
2010 9.200.000 -3.26%
2011 4.900.000 -87.76%
2012 5.100.000 3.92%
2013 6.500.000 21.54%
2014 4.800.000 -35.42%
2015 4.600.000 -4.35%
2016 7.800.000 41.03%
2017 7.000.000 -11.43%
2018 10.200.000 31.37%
2019 3.500.000 -191.43%
2020 22.000.000 84.09%
2021 9.800.000 -124.49%
2022 18.800.000 47.87%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Kardex Holding AG Equity
Year Equity Growth
2002 103.983.741
2003 103.773.177 -0.2%
2004 146.481.524 29.16%
2005 90.300.000 -62.22%
2006 55.800.000 -61.83%
2007 74.200.000 24.8%
2008 107.300.000 30.85%
2009 98.100.000 -9.38%
2010 92.600.000 -5.94%
2011 64.500.000 -43.57%
2012 85.400.000 24.47%
2013 106.900.000 20.11%
2014 115.800.000 7.69%
2015 129.400.000 10.51%
2016 138.200.000 6.37%
2017 139.000.000 0.58%
2018 153.300.000 9.33%
2019 172.000.000 10.87%
2020 174.300.000 1.32%
2021 193.900.000 10.11%
2022 204.600.000 5.23%
2023 206.000.000 0.68%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Kardex Holding AG Assets
Year Assets Growth
2002 300.240.669
2003 296.700.117 -1.19%
2004 328.414.540 9.66%
2005 286.600.000 -14.59%
2006 290.600.000 1.38%
2007 252.300.000 -15.18%
2008 278.600.000 9.44%
2009 242.900.000 -14.7%
2010 308.500.000 21.26%
2011 252.500.000 -22.18%
2012 235.800.000 -7.08%
2013 191.300.000 -23.26%
2014 195.100.000 1.95%
2015 220.400.000 11.48%
2016 232.000.000 5%
2017 240.200.000 3.41%
2018 264.900.000 9.32%
2019 289.800.000 8.59%
2020 277.300.000 -4.51%
2021 337.800.000 17.91%
2022 364.100.000 7.22%
2023 380.700.000 4.36%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Kardex Holding AG Liabilities
Year Liabilities Growth
2002 193.120.049
2003 192.775.715 -0.18%
2004 181.716.166 -6.09%
2005 196.300.000 7.43%
2006 234.800.000 16.4%
2007 178.100.000 -31.84%
2008 171.300.000 -3.97%
2009 144.800.000 -18.3%
2010 215.900.000 32.93%
2011 188.000.000 -14.84%
2012 150.400.000 -25%
2013 84.400.000 -78.2%
2014 79.300.000 -6.43%
2015 91.000.000 12.86%
2016 93.800.000 2.99%
2017 101.200.000 7.31%
2018 111.600.000 9.32%
2019 117.800.000 5.26%
2020 103.000.000 -14.37%
2021 143.900.000 28.42%
2022 159.500.000 9.78%
2023 174.700.000 8.7%

Kardex Holding AG Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
73.35
Net Income per Share
4.9
Price to Earning Ratio
47.16x
Price To Sales Ratio
3.15x
POCF Ratio
171.4
PFCF Ratio
-212.29
Price to Book Ratio
8.74
EV to Sales
3.03
EV Over EBITDA
26.67
EV to Operating CashFlow
164.62
EV to FreeCashFlow
-203.82
Earnings Yield
0.02
FreeCashFlow Yield
-0
Market Cap
1,78 Bil.
Enterprise Value
1,71 Bil.
Graham Number
54.01
Graham NetNet
-1.98

Income Statement Metrics

Net Income per Share
4.9
Income Quality
0.27
ROE
0.19
Return On Assets
0.13
Return On Capital Employed
0.28
Net Income per EBT
0.72
EBT Per Ebit
0.98
Ebit per Revenue
0.12
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0.07
Research & Developement to Revenue
0.02
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.32
Operating Profit Margin
0.12
Pretax Profit Margin
0.12
Net Profit Margin
0.08

Dividends

Dividend Yield
0.02
Dividend Yield %
1.51
Payout Ratio
0.86
Dividend Per Share
3.5

Operating Metrics

Operating Cashflow per Share
1.35
Free CashFlow per Share
-1.09
Capex to Operating CashFlow
-1.81
Capex to Revenue
-0.03
Capex to Depreciation
-1.96
Return on Invested Capital
0.2
Return on Tangible Assets
0.11
Days Sales Outstanding
0
Days Payables Outstanding
24.75
Days of Inventory on Hand
78.19
Receivables Turnover
0
Payables Turnover
14.75
Inventory Turnover
4.67
Capex per Share
-2.44

Balance Sheet

Cash per Share
13,32
Book Value per Share
26,44
Tangible Book Value per Share
25.08
Shareholders Equity per Share
26.44
Interest Debt per Share
0.08
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
-1.11
Current Ratio
1.95
Tangible Asset Value
0,19 Bil.
Net Current Asset Value
0,10 Bil.
Invested Capital
0
Working Capital
0,13 Bil.
Intangibles to Total Assets
0.03
Average Receivables
0,00 Bil.
Average Payables
0,02 Bil.
Average Inventory
70900000
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Kardex Holding AG Dividends
Year Dividends Growth
2013 5
2014 3 -150%
2015 2 -100%
2018 4 66.67%
2019 4 25%
2020 5 0%
2021 4 0%
2022 4 0%
2023 4 -33.33%

Kardex Holding AG Profile

About Kardex Holding AG

Kardex Holding AG provides intralogistics solutions; and supplies automated storage solutions and materials handling systems worldwide. The company operates in two segments, Kardex Remstar and Kardex Mlog. The Kardex Remstar segment develops, produces, and maintains dynamic storage and retrieval systems. The Kardex Mlog segment offers integrated material handling systems and automated high bay warehouses. The company provides vertical buffer, carousel, and lift, as well as horizontal carousel modules; heavy duty units; office solutions; stacker cranes; AutoStore; pick and place robotics; conveyor systems; software and control solutions; and accessories. Its products are used in automated storage and retrieval systems, buffering and sequencing, order fulfillment, controlled environment, document storage, and general contractor applications. Kardex Holding AG is headquartered in Zurich, Switzerland.

CEO
Mr. Jens Hardenacke
Employee
2.294
Address
Airgate
Zurich, 8050

Kardex Holding AG Executives & BODs

Kardex Holding AG Executives & BODs
# Name Age
1 Mr. Jens Hardenacke
Chief Executive Officer
70
2 Mr. Thomas Reist
Chief Financial Officer
70
3 Edwin van der Geest
Head of Investor Relations
70
4 Mr. Hans-Jürgen Heitzer
Head of Kardex Mlog Division
70
5 Mr. Urs Siegenthaler
Head of Kardex Remstar Division
70
6 Alexandre Müller
Investor Relation Professional
70

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