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dormakaba Holding AGSWX:DOKA Stock Report

Market Cap CHF 2.2b
Share Price
CHF 51.70
CHF 75.75
31.7% undervalued intrinsic discount
1Y-29.3%
7D0.8%
1D
Portfolio Value
View

dormakaba Holding AG

SWX:DOKA Stock Report

Market Cap: CHF 2.2b

DOKA Community Fair Values

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See what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.

dormakaba Holding AG Competitors

Price History & Performance

Summary of share price highs, lows and changes for dormakaba Holding
Historical stock prices
Current Share PriceCHF 51.70
52 Week HighCHF 79.80
52 Week LowCHF 47.15
Beta0.74
1 Month Change-7.68%
3 Month Change0.58%
1 Year Change-29.28%
3 Year Change23.10%
5 Year Change-14.90%
Change since IPO294.66%

Recent News & Updates

Narrative Update Jun 05

DOKA: Analyst Day Outlook Will Support Future Efficiency Gains And Upside Potential

Analysts have nudged their price target for dormakaba Holding up by CHF 0.50 to CHF 75.75, reflecting updated assumptions around revenue growth, profit margins, discount rate, and future P/E expectations. What's in the News dormakaba Holding held an Analyst/Investor Day, providing an update to the market on the business and its outlook for shareholders and analysts.
Narrative Update Apr 20

DOKA: Arctic Pilot Will Support Future Efficiency Gains And Undervalued Upside

Analysts have made a small downward adjustment to the fair value estimate for dormakaba Holding to CHF 75.25 from CHF 75.38, reflecting slightly updated assumptions on the discount rate, revenue growth, profit margin and future P/E. Valuation Changes Fair Value: Adjusted slightly lower from CHF 75.38 to CHF 75.25.
Narrative Update Apr 05

DOKA: Arctic Pilot Will Support Future Efficiency Gains And Undervalued Upside

Analysts kept their fair value estimate for dormakaba Holding steady at CHF 75.38, with small tweaks to assumptions such as the discount rate, expected revenue growth, profit margin and future P/E helping to fine tune rather than overhaul their price target view. What's in the News dormakaba has launched a pilot project at the Sorrisniva resort in Alta, Norway, applying its access solutions in one of the world's most extreme Arctic climates (Key Developments).
Narrative Update Mar 21

DOKA: Arctic Pilot Data Will Support Future Efficiency And Earnings Upside

Analysts have kept their CHF 75.38 price target for dormakaba Holding broadly steady, with only marginal model tweaks around discount rate, revenue growth, profit margin and future P/E assumptions guiding this unchanged view. What's in the News dormakaba has launched a pilot project at the Sorrisniva resort in Alta, Norway, applying its access solutions in Arctic conditions at the world’s northernmost ice hotel, which welcomes up to 15,000 visitors each year (Key Developments).
Narrative Update Mar 07

DOKA: Arctic Pilot Will Support Future Efficiency Gains And Earnings Upside

Analysts have adjusted their price target for dormakaba Holding from CHF 78.63 to CHF 75.38, citing updated assumptions on discount rates, revenue growth, profit margins, and future P/E levels. What's in the News dormakaba has started a pilot project at the Sorrisniva resort in Alta, Norway, home to the world's northernmost ice hotel, targeting one of Earth's harshest climates for real world testing (Key Developments).

Recent updates

Narrative Update Jun 05

DOKA: Analyst Day Outlook Will Support Future Efficiency Gains And Upside Potential

Analysts have nudged their price target for dormakaba Holding up by CHF 0.50 to CHF 75.75, reflecting updated assumptions around revenue growth, profit margins, discount rate, and future P/E expectations. What's in the News dormakaba Holding held an Analyst/Investor Day, providing an update to the market on the business and its outlook for shareholders and analysts.
Narrative Update Apr 20

DOKA: Arctic Pilot Will Support Future Efficiency Gains And Undervalued Upside

Analysts have made a small downward adjustment to the fair value estimate for dormakaba Holding to CHF 75.25 from CHF 75.38, reflecting slightly updated assumptions on the discount rate, revenue growth, profit margin and future P/E. Valuation Changes Fair Value: Adjusted slightly lower from CHF 75.38 to CHF 75.25.
Narrative Update Apr 05

DOKA: Arctic Pilot Will Support Future Efficiency Gains And Undervalued Upside

Analysts kept their fair value estimate for dormakaba Holding steady at CHF 75.38, with small tweaks to assumptions such as the discount rate, expected revenue growth, profit margin and future P/E helping to fine tune rather than overhaul their price target view. What's in the News dormakaba has launched a pilot project at the Sorrisniva resort in Alta, Norway, applying its access solutions in one of the world's most extreme Arctic climates (Key Developments).
Narrative Update Mar 21

DOKA: Arctic Pilot Data Will Support Future Efficiency And Earnings Upside

Analysts have kept their CHF 75.38 price target for dormakaba Holding broadly steady, with only marginal model tweaks around discount rate, revenue growth, profit margin and future P/E assumptions guiding this unchanged view. What's in the News dormakaba has launched a pilot project at the Sorrisniva resort in Alta, Norway, applying its access solutions in Arctic conditions at the world’s northernmost ice hotel, which welcomes up to 15,000 visitors each year (Key Developments).
Narrative Update Mar 07

DOKA: Arctic Pilot Will Support Future Efficiency Gains And Earnings Upside

Analysts have adjusted their price target for dormakaba Holding from CHF 78.63 to CHF 75.38, citing updated assumptions on discount rates, revenue growth, profit margins, and future P/E levels. What's in the News dormakaba has started a pilot project at the Sorrisniva resort in Alta, Norway, home to the world's northernmost ice hotel, targeting one of Earth's harshest climates for real world testing (Key Developments).
Narrative Update Feb 21

DOKA: Arctic Energy Efficiency Pilot Will Support Future Earnings Upside

Analysts have maintained their CHF 78.63 price target for dormakaba Holding, with only minor model adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions supporting this unchanged view. What's in the News dormakaba has launched a pilot project at the Sorrisniva resort in Alta, Norway, which hosts the world's northernmost ice hotel and welcomes up to 15,000 visitors each year (Key Developments).
Narrative Update Feb 06

DOKA: Arctic Pilot Data Will Support Future Earnings Upside And Undervalued Shares

Analysts have trimmed their fair value estimate for dormakaba Holding by about CHF 1 to approximately CHF 78.63, citing updated assumptions for the discount rate, revenue growth, profit margins and future P/E that collectively point to a slightly more cautious outlook on the shares. What's in the News dormakaba has launched a pilot project at the Sorrisniva resort in Alta, Norway, home to the world’s northernmost ice hotel, to test its access solutions in severe Arctic conditions (Key Developments).
New Narrative Feb 01

AI And Data Center Access Demand Will Drive Long-Term Upside Potential

Catalysts About dormakaba Holding dormakaba Holding provides access solutions, electronic access control, locking systems and related services for buildings and critical infrastructure. What are the underlying business or industry changes driving this perspective?
Narrative Update Jan 22

DOKA: Arctic Access Pilot Will Support Earnings Upside And Undervalued Shares

Analysts have trimmed their price targets on dormakaba Holding by roughly CHF2.35, reflecting slightly higher discount rate assumptions, modestly adjusted revenue growth expectations, and a marginally lower future P/E multiple, partly balanced by a small uplift in projected profit margins. What's in the News dormakaba has launched a pilot project at the Sorrisniva resort in Alta, Norway, home to the world's northernmost ice hotel, to test its access solutions in severe Arctic conditions (Key Developments).
Narrative Update Jan 08

DOKA: Deutsche Bank Buy Initiation Will Support Earnings Upside And Undervalued Shares

Analysts have adjusted their CHF price target for dormakaba Holding to align with updated assumptions around the discount rate, revenue growth, profit margin, and future P/E, citing recent Street research that includes a CHF 922 target from new coverage initiation as key context for the revision. Analyst Commentary Bullish Takeaways Bullish analysts view the CHF 922 price target as reflecting confidence that the company can execute on revenue and margin assumptions that support a higher long term P/E than the market is currently pricing in.
Narrative Update Dec 23

DOKA: Recent Buy Rating Will Support Earnings Upside And Undervalued Shares

Analysts have modestly raised their price target on dormakaba Holding to CHF 92.20 from CHF 92.00, citing increased confidence in the company’s long term earnings potential and positive recent research support from the Street. Analyst Commentary Analyst sentiment around dormakaba Holding has turned more constructive, with new coverage highlighting the company’s potential to deliver attractive returns as it executes on its strategic and operational initiatives.
Analysis Article Dec 11

What You Can Learn From dormakaba Holding AG's (VTX:DOKA) P/E

When close to half the companies in Switzerland have price-to-earnings ratios (or "P/E's") below 19x, you may consider...
Narrative Update Dec 09

DOKA: U S Access Focus Will Support Earnings Upside And Undervalued Shares

Analysts raised their price target for dormakaba Holding to CHF 922 from CHF 880, citing renewed Buy and Overweight recommendations. They also expect that the company’s focus on the lucrative U.S. access solutions market will support slightly stronger revenue growth despite a modestly lower profit margin outlook.
Narrative Update Nov 25

DOKA: U S Access Market Momentum Will Support Earnings Upside Ahead

Analysts have slightly raised their fair value estimate for dormakaba Holding from CHF 81.13 to CHF 82.11. This revision is attributed to renewed optimism following recent positive coverage and an improved outlook on the company’s earnings potential in key markets.
Narrative Update Nov 07

DOKA: Future U S Market Expansion Will Drive Earnings Momentum

Analysts have significantly lowered their price target for dormakaba Holding from CHF 821.43 to CHF 81.13. They cite more conservative assumptions, although there is continued positive sentiment regarding the company's earnings growth potential and strategic position in the U.S. access solutions market.
Analysis Article Nov 03

dormakaba Holding (VTX:DOKA) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Narrative Update Oct 24

Digital Solutions And U S Market Expansion Will Drive Global Demand

The analyst price target for Dormakaba Holding has increased from CHF 792 to CHF 821.43. This change reflects analysts' improved expectations, driven by a stronger outlook for revenue growth and profit margins.
Analysis Article Oct 18

dormakaba Holding's (VTX:DOKA) Dividend Will Be Increased To CHF9.20

dormakaba Holding AG's ( VTX:DOKA ) dividend will be increasing from last year's payment of the same period to CHF9.20...
Analysis Article Oct 08

Returns On Capital Are A Standout For dormakaba Holding (VTX:DOKA)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Sep 22

dormakaba Holding's (VTX:DOKA) Upcoming Dividend Will Be Larger Than Last Year's

dormakaba Holding AG ( VTX:DOKA ) will increase its dividend from last year's comparable payment on the 27th of October...
Narrative Update Sep 18

Digital Building Solutions And IoT Integration Will Expand Global Demand

Analysts have raised their price target for dormakaba Holding to CHF792.00, citing optimism over the company’s strategic emphasis on the U.S. access solutions market, anticipated operational efficiency gains, and a stronger near-term earnings outlook. Analyst Commentary Bullish analysts expect Dormakaba’s focus on the lucrative U.S. access solutions market to drive above-peer and consensus earnings growth.
Analysis Article Sep 17

dormakaba Holding AG's (VTX:DOKA) Intrinsic Value Is Potentially 98% Above Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, dormakaba Holding fair value estimate is CHF1,466 dormakaba...
Analysis Article Sep 05

dormakaba Holding (VTX:DOKA) Is Increasing Its Dividend To CHF9.20

dormakaba Holding AG ( VTX:DOKA ) has announced that it will be increasing its dividend from last year's comparable...
Narrative Update Sep 03

Transformation Program Will Deliver Significant Cost Savings And Operational Efficiencies

The upward revision in dormakaba Holding’s price target reflects a significantly higher expected Future P/E despite a declining net profit margin, resulting in an increased consensus fair value from CHF737.43 to CHF756.83. Valuation Changes Summary of Valuation Changes for dormakaba Holding The Consensus Analyst Price Target has risen slightly from CHF737.43 to CHF756.83.
Analysis Article Jul 29

Is There Now An Opportunity In dormakaba Holding AG (VTX:DOKA)?

While dormakaba Holding AG ( VTX:DOKA ) might not have the largest market cap around , it saw a decent share price...
Analysis Article Jun 23

We Think dormakaba Holding (VTX:DOKA) Can Stay On Top Of Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article May 19

dormakaba Holding AG's (VTX:DOKA) Price In Tune With Earnings

With a price-to-earnings (or "P/E") ratio of 45.4x dormakaba Holding AG ( VTX:DOKA ) may be sending very bearish...
Analysis Article Mar 18

dormakaba Holding (VTX:DOKA) Has A Pretty Healthy Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Feb 26

Returns On Capital Signal Difficult Times Ahead For dormakaba Holding (VTX:DOKA)

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
User avatar
New Narrative Feb 09

Shape4Growth Will Streamline Operations And Meet Demand For Sustainable Solutions

Shape4Growth program aims to improve margins and earnings through cost savings and operational efficiencies.
Analysis Article Feb 05

dormakaba Holding AG's (VTX:DOKA) Price In Tune With Earnings

When close to half the companies in Switzerland have price-to-earnings ratios (or "P/E's") below 21x, you may consider...
Analysis Article Jan 07

Is Now The Time To Look At Buying dormakaba Holding AG (VTX:DOKA)?

dormakaba Holding AG ( VTX:DOKA ), is not the largest company out there, but it saw significant share price movement...
Analysis Article Dec 07

dormakaba Holding AG (VTX:DOKA) Shares Could Be 50% Below Their Intrinsic Value Estimate

Key Insights dormakaba Holding's estimated fair value is CHF1,348 based on 2 Stage Free Cash Flow to Equity dormakaba...
Analysis Article Oct 29

These Return Metrics Don't Make dormakaba Holding (VTX:DOKA) Look Too Strong

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
Analysis Article Sep 29

dormakaba Holding (VTX:DOKA) Will Pay A Smaller Dividend Than Last Year

dormakaba Holding AG's ( VTX:DOKA ) dividend is being reduced from last year's payment covering the same period to...
Analysis Article Sep 10

dormakaba Holding's (VTX:DOKA) Conservative Accounting Might Explain Soft Earnings

dormakaba Holding AG's ( VTX:DOKA ) recent soft profit numbers didn't appear to worry shareholders, as the stock price...
Analysis Article Sep 07

dormakaba Holding (VTX:DOKA) Is Reducing Its Dividend To CHF8.00

The board of dormakaba Holding AG ( VTX:DOKA ) has announced it will be reducing its dividend by 16% from last year's...
Analysis Article Jul 14

Why We're Not Concerned About dormakaba Holding AG's (VTX:DOKA) Share Price

There wouldn't be many who think dormakaba Holding AG's ( VTX:DOKA ) price-to-sales (or "P/S") ratio of 0.8x is worth a...
Analysis Article Jun 26

At CHF458, Is It Time To Put dormakaba Holding AG (VTX:DOKA) On Your Watch List?

While dormakaba Holding AG ( VTX:DOKA ) might not have the largest market cap around , it received a lot of attention...
Analysis Article Apr 10

These 4 Measures Indicate That dormakaba Holding (VTX:DOKA) Is Using Debt Reasonably Well

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 08

dormakaba Holding AG (VTX:DOKA) Investors Are Less Pessimistic Than Expected

When close to half the companies in Switzerland have price-to-earnings ratios (or "P/E's") below 20x, you may consider...
Analysis Article Feb 15

The Returns On Capital At dormakaba Holding (VTX:DOKA) Don't Inspire Confidence

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
Analysis Article Jan 04

Is It Too Late To Consider Buying dormakaba Holding AG (VTX:DOKA)?

While dormakaba Holding AG ( VTX:DOKA ) might not have the largest market cap around , it saw significant share price...
Analysis Article Nov 06

dormakaba Holding (VTX:DOKA) Is Finding It Tricky To Allocate Its Capital

To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Analysis Article Oct 22

Here's Why dormakaba Holding (VTX:DOKA) Can Manage Its Debt Responsibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Oct 06

dormakaba Holding (VTX:DOKA) Is Paying Out Less In Dividends Than Last Year

dormakaba Holding AG ( VTX:DOKA ) is reducing its dividend from last year's comparable payment to CHF9.50 on the 11th...
Analysis Article Sep 26

Should You Think About Buying dormakaba Holding AG (VTX:DOKA) Now?

While dormakaba Holding AG ( VTX:DOKA ) might not be the most widely known stock at the moment, it saw a decent share...
Analysis Article Sep 08

dormakaba Holding's (VTX:DOKA) Dividend Will Be Reduced To CHF9.50

dormakaba Holding AG ( VTX:DOKA ) is reducing its dividend from last year's comparable payment to CHF9.50 on the 11th...
Analysis Article Jul 22

Capital Allocation Trends At dormakaba Holding (VTX:DOKA) Aren't Ideal

If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
Analysis Article Apr 16

Be Wary Of dormakaba Holding (VTX:DOKA) And Its Returns On Capital

What underlying fundamental trends can indicate that a company might be in decline? More often than not, we'll see a...
Analysis Article Mar 29

Here's Why dormakaba Holding (VTX:DOKA) Has A Meaningful Debt Burden

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jan 04

What Is dormakaba Holding AG's (VTX:DOKA) Share Price Doing?

While dormakaba Holding AG ( VTX:DOKA ) might not be the most widely known stock at the moment, it saw a double-digit...
Analysis Article Oct 06

dormakaba Holding's (VTX:DOKA) Dividend Will Be Reduced To CHF11.50

dormakaba Holding AG ( VTX:DOKA ) has announced that on 17th of October, it will be paying a dividend ofCHF11.50, which...
Analysis Article Sep 17

dormakaba Holding (VTX:DOKA) Will Pay A Smaller Dividend Than Last Year

dormakaba Holding AG ( VTX:DOKA ) is reducing its dividend from last year's comparable payment to CHF11.50 on the 17th...
Analysis Article Sep 03

dormakaba Holding's (VTX:DOKA) Shareholders Will Receive A Smaller Dividend Than Last Year

dormakaba Holding AG ( VTX:DOKA ) is reducing its dividend to CHF5.75 on the 17th of Octoberwhich is 54% less than last...
Analysis Article Aug 17

Investors Met With Slowing Returns on Capital At dormakaba Holding (VTX:DOKA)

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Shareholder Returns

DOKACH BuildingCH Market
7D0.8%0.7%-0.06%
1Y-29.3%-12.8%6.2%

Return vs Industry: DOKA underperformed the Swiss Building industry which returned -12.3% over the past year.

Return vs Market: DOKA underperformed the Swiss Market which returned 6.2% over the past year.

Price Volatility

Is DOKA's price volatile compared to industry and market?
DOKA volatility
DOKA Average Weekly Movement4.1%
Building Industry Average Movement4.3%
Market Average Movement4.5%
10% most volatile stocks in CH Market7.9%
10% least volatile stocks in CH Market2.4%

Stable Share Price: DOKA has not had significant price volatility in the past 3 months compared to the Swiss market.

Volatility Over Time: DOKA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
186215,363Till Reuterwww.dormakaba.com

dormakaba Holding AG provides access and security solutions worldwide. It offers door hardware products, including door closers, locks, fittings, emergency exits, and panic hardware; interior glass systems comprising manual sliding, manual single and double action door, fittings for glass assemblies, and horizontal sliding walls; and entrance systems, such as swing operators, automatic sliding doors, sliding door operators, revolving doors, security revolving doors and interlocks, sensor barriers and speed gates, and turnstiles. The company also provides mechanical key systems, including cylinder locks with reversible keys; electronic access and data comprising electronic cylinders, electronic door locks, digital door locks, card readers and peripherals, and time and attendance; lodging systems that include access management systems, electronic hotel locks, and perimeter access; and safe locks under the Axessor Appex Series, Axxesor, Paxos, Cencon, CenconX, Auditcon, LA GARD electronic, Mauer electronic, Mauer mechanical, LA GARD mechanical, X-0 series brands.

dormakaba Holding AG Fundamentals Summary

How do dormakaba Holding's earnings and revenue compare to its market cap?
DOKA fundamental statistics
Market capCHF 2.15b
Earnings (TTM)CHF 88.00m
Revenue (TTM)CHF 2.81b
24.4x
P/E Ratio
0.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DOKA income statement (TTM)
RevenueCHF 2.81b
Cost of RevenueCHF 1.66b
Gross ProfitCHF 1.15b
Other ExpensesCHF 1.06b
EarningsCHF 88.00m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Sep 01, 2026

Earnings per share (EPS)2.12
Gross Margin40.82%
Net Profit Margin3.13%
Debt/Equity Ratio139.7%

How did DOKA perform over the long term?

See historical performance and comparison

Dividends

1.8%
Current Dividend Yield
44%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/09 13:02
End of Day Share Price 2026/06/09 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

dormakaba Holding AG is covered by 16 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zana MamelliBaader Helvea Equity Research
Volker BosseBaader Helvea Equity Research
George FeatherstoneBarclays