Kardex Holding Future Growth
Future criteria checks 5/6
Kardex Holding is forecast to grow earnings and revenue by 31.4% and 9.5% per annum respectively. EPS is expected to grow by 30.6% per annum. Return on equity is forecast to be 31.4% in 3 years.
Key information
31.4%
Earnings growth rate
30.58%
EPS growth rate
| Machinery earnings growth | 13.7% |
| Revenue growth rate | 9.5% |
| Future return on equity | 31.37% |
| Analyst coverage | Good |
| Last updated | 04 Jul 2026 |
Recent future growth updates
Recent updates
New Narrative • Jun 23
Warehouse Automation Demand And Execution Risks Will Shape A Fairly Valued Future
Catalysts About Kardex Holding Kardex Holding supplies warehouse automation systems and related software for intralogistics customers across automated products and standardized systems. What are the underlying business or industry changes driving this perspective?Analysis Article • Jun 19
Kardex Holding (SWX:KARN) Stock Could Be 31% Undervalued After New 2026 Guidance
Why Kardex Holding Stock Is Back On Investor Radar After New 2026 Guidance Kardex Holding (SWX:KARN) has moved into focus after management issued fresh 2026 guidance, projecting full year order and revenue growth in the 15% to 20% range, following a recent business update call. See our latest analysis for Kardex Holding. The new 2026 guidance has arrived after a mixed stretch for Kardex Holding, with the share price at CHF237.0, a 1-week share price return of 9.0% but a year to date share...
New Narrative • Jun 09
Automation And Labor Shortages Will Support A Multiyear Upside Story Here
Catalysts About Kardex Holding Kardex Holding supplies automated storage, warehouse automation systems and related software for intralogistics customers globally. What are the underlying business or industry changes driving this perspective?
New Narrative • Mar 13
Automation And One Supplier Projects Will Drive Long Term Value For This Business
Catalysts About Kardex Holding Kardex Holding provides automated storage and warehouse systems through its Automated Products and Standardized Systems segments. What are the underlying business or industry changes driving this perspective?Analysis Article • Jan 26
Investor Optimism Abounds Kardex Holding AG (VTX:KARN) But Growth Is Lacking
Kardex Holding AG's ( VTX:KARN ) price-to-earnings (or "P/E") ratio of 30.3x might make it look like a sell right now...Analysis Article • Nov 27
Capital Investment Trends At Kardex Holding (VTX:KARN) Look Strong
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...Analysis Article • Nov 09
Is There Now An Opportunity In Kardex Holding AG (VTX:KARN)?
Kardex Holding AG ( VTX:KARN ), is not the largest company out there, but it received a lot of attention from a...Analysis Article • Oct 24
A Look At The Intrinsic Value Of Kardex Holding AG (VTX:KARN)
Key Insights Kardex Holding's estimated fair value is CHF323 based on 2 Stage Free Cash Flow to Equity Current share...Analysis Article • Sep 16
Getting In Cheap On Kardex Holding AG (VTX:KARN) Is Unlikely
With a price-to-earnings (or "P/E") ratio of 34.4x Kardex Holding AG ( VTX:KARN ) may be sending very bearish signals...Analysis Article • Aug 23
Capital Allocation Trends At Kardex Holding (VTX:KARN) Aren't Ideal
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Analysis Article • Jul 06
Is There Now An Opportunity In Kardex Holding AG (VTX:KARN)?
Kardex Holding AG ( VTX:KARN ), might not be a large cap stock, but it received a lot of attention from a substantial...Analysis Article • Jun 21
With EPS Growth And More, Kardex Holding (VTX:KARN) Makes An Interesting Case
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • May 23
Kardex Holding AG's (VTX:KARN) 26% Price Boost Is Out Of Tune With Earnings
Kardex Holding AG ( VTX:KARN ) shareholders are no doubt pleased to see that the share price has bounced 26% in the...Analysis Article • Apr 06
More Unpleasant Surprises Could Be In Store For Kardex Holding AG's (VTX:KARN) Shares After Tumbling 26%
The Kardex Holding AG ( VTX:KARN ) share price has fared very poorly over the last month, falling by a substantial 26...Analysis Article • Mar 28
Kardex Holding (VTX:KARN) Is Reinvesting To Multiply In Value
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...Analysis Article • Mar 13
Kardex Holding's (VTX:KARN) Earnings Seem To Be Promising
Despite posting healthy earnings, Kardex Holding AG's ( VTX:KARN ) stock has been quite weak. Along with the solid...Analysis Article • Jan 17
Is Now An Opportune Moment To Examine Kardex Holding AG (VTX:KARN)?
While Kardex Holding AG ( VTX:KARN ) might not have the largest market cap around , it saw significant share price...Analysis Article • Jan 04
There's Reason For Concern Over Kardex Holding AG's (VTX:KARN) Price
When close to half the companies in Switzerland have price-to-earnings ratios (or "P/E's") below 20x, you may consider...Analysis Article • Dec 18
Kardex Holding (VTX:KARN) Might Become A Compounding Machine
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...Analysis Article • Nov 16
An Intrinsic Calculation For Kardex Holding AG (VTX:KARN) Suggests It's 24% Undervalued
Key Insights Using the 2 Stage Free Cash Flow to Equity, Kardex Holding fair value estimate is CHF337 Current share...Analysis Article • Oct 25
Is Now The Time To Put Kardex Holding (VTX:KARN) On Your Watchlist?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Analysis Article • Oct 12
Is It Too Late To Consider Buying Kardex Holding AG (VTX:KARN)?
Kardex Holding AG ( VTX:KARN ), might not be a large cap stock, but it led the SWX gainers with a relatively large...Analysis Article • Sep 26
Kardex Holding AG's (VTX:KARN) Price Is Out Of 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 • Aug 16
Investors Shouldn't Overlook The Favourable Returns On Capital At Kardex Holding (VTX:KARN)
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...Analysis Article • Aug 03
Kardex Holding's (VTX:KARN) Strong Earnings Are Of Good Quality
When companies post strong earnings, the stock generally performs well, just like Kardex Holding AG's ( VTX:KARN...Analysis Article • Jul 15
A Look At The Fair Value Of Kardex Holding AG (VTX:KARN)
Key Insights Kardex Holding's estimated fair value is CHF290 based on 2 Stage Free Cash Flow to Equity Current share...Analysis Article • Jun 29
Is It Time To Consider Buying Kardex Holding AG (VTX:KARN)?
While Kardex Holding AG ( VTX:KARN ) might not have the largest market cap around , it saw significant share price...Analysis Article • May 25
Kardex Holding AG (VTX:KARN) Investors Are Less Pessimistic Than Expected
Kardex Holding AG's ( VTX:KARN ) price-to-earnings (or "P/E") ratio of 30.1x might make it look like a sell right now...Analysis Article • Apr 25
Kardex Holding (VTX:KARN) Is Paying Out A Larger Dividend Than Last Year
The board of Kardex Holding AG ( VTX:KARN ) has announced that it will be paying its dividend of €5.00 on the 2nd of...Analysis Article • Apr 23
Capital Investments At Kardex Holding (VTX:KARN) Point To A Promising Future
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Analysis Article • Apr 05
Is Now The Time To Put Kardex Holding (VTX:KARN) On Your Watchlist?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • Feb 12
Is It Time To Consider Buying Kardex Holding AG (VTX:KARN)?
While Kardex Holding AG ( VTX:KARN ) might not have the largest market cap around , it led the SWX gainers with a...Analysis Article • Jan 04
Kardex Holding AG (VTX:KARN) Not Flying Under The Radar
With a price-to-earnings (or "P/E") ratio of 32.2x Kardex Holding AG ( VTX:KARN ) may be sending very bearish signals...Analysis Article • Dec 04
Estimating The Intrinsic Value Of Kardex Holding AG (VTX:KARN)
Key Insights The projected fair value for Kardex Holding is CHF233 based on 2 Stage Free Cash Flow to Equity Kardex...Analysis Article • Nov 04
Capital Investments At Kardex Holding (VTX:KARN) Point To A Promising Future
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...Analysis Article • Oct 04
Is Now The Time To Look At Buying Kardex Holding AG (VTX:KARN)?
Kardex Holding AG ( VTX:KARN ), is not the largest company out there, but it saw significant share price movement...Analysis Article • Aug 28
Estimating The Fair Value Of Kardex Holding AG (VTX:KARN)
Key Insights Kardex Holding's estimated fair value is CHF237 based on 2 Stage Free Cash Flow to Equity With CHF201...Analysis Article • Jul 20
Why You Should Care About Kardex Holding's (VTX:KARN) Strong Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Analysis Article • May 25
At CHF188, Is It Time To Put Kardex Holding AG (VTX:KARN) On Your Watch List?
Kardex Holding AG ( VTX:KARN ), is not the largest company out there, but it saw a double-digit share price rise of...Analysis Article • Apr 09
A Look Into Kardex Holding's (VTX:KARN) Impressive Returns On Capital
There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...Analysis Article • Feb 03
Is It Time To Consider Buying Kardex Holding AG (VTX:KARN)?
Kardex Holding AG ( VTX:KARN ), might not be a large cap stock, but it led the SWX gainers with a relatively large...Analysis Article • Nov 09
Kardex Holding (VTX:KARN) Might Become A Compounding Machine
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 1,202 | 115 | 92 | 124 | 7 |
| 12/31/2027 | 1,094 | 99 | 68 | 106 | 7 |
| 12/31/2026 | 975 | 67 | 31 | 71 | 7 |
| 12/31/2025 | 850 | 42 | 27 | 63 | N/A |
| 9/30/2025 | 844 | 60 | 37 | 68 | N/A |
| 6/30/2025 | 837 | 79 | 48 | 73 | N/A |
| 3/31/2025 | 814 | 80 | 74 | 94 | N/A |
| 12/31/2024 | 791 | 81 | 99 | 114 | N/A |
| 9/30/2024 | 765 | 77 | 100 | 116 | N/A |
| 6/30/2024 | 738 | 73 | 102 | 118 | N/A |
| 3/31/2024 | 721 | 70 | 81 | 99 | N/A |
| 12/31/2023 | 703 | 67 | 61 | 80 | N/A |
| 9/30/2023 | 673 | 60 | 42 | 61 | N/A |
| 6/30/2023 | 643 | 54 | 23 | 41 | N/A |
| 3/31/2023 | 604 | 46 | 7 | 26 | N/A |
| 12/31/2022 | 566 | 38 | -8 | 10 | N/A |
| 9/30/2022 | 536 | 39 | 15 | 32 | N/A |
| 6/30/2022 | 506 | 40 | 39 | 55 | N/A |
| 3/31/2022 | 481 | 42 | 54 | 67 | N/A |
| 12/31/2021 | 456 | 44 | 70 | 80 | N/A |
| 9/30/2021 | 434 | 44 | 53 | 64 | N/A |
| 6/30/2021 | 412 | 43 | 37 | 48 | N/A |
| 3/31/2021 | 413 | 42 | 32 | 49 | N/A |
| 12/31/2020 | 413 | 41 | 28 | 50 | N/A |
| 9/30/2020 | 431 | 41 | 26 | 49 | N/A |
| 6/30/2020 | 449 | 42 | 25 | 47 | N/A |
| 3/31/2020 | 460 | 43 | 28 | 46 | N/A |
| 12/31/2019 | 471 | 44 | 31 | 45 | N/A |
| 9/30/2019 | 465 | 43 | N/A | 49 | N/A |
| 6/30/2019 | 458 | 41 | N/A | 53 | N/A |
| 3/31/2019 | 441 | 40 | N/A | 50 | N/A |
| 12/31/2018 | 423 | 38 | N/A | 48 | N/A |
| 9/30/2018 | 408 | 37 | N/A | 45 | N/A |
| 6/30/2018 | 393 | 35 | N/A | 42 | N/A |
| 3/31/2018 | 384 | 33 | N/A | 44 | N/A |
| 12/31/2017 | 376 | 32 | N/A | 46 | N/A |
| 9/30/2017 | 371 | 32 | N/A | 40 | N/A |
| 6/30/2017 | 367 | 32 | N/A | 34 | N/A |
| 3/31/2017 | 363 | 31 | N/A | 29 | N/A |
| 12/31/2016 | 359 | 31 | N/A | 24 | N/A |
| 9/30/2016 | 351 | 30 | N/A | N/A | N/A |
| 6/30/2016 | 344 | 29 | N/A | 39 | N/A |
| 3/31/2016 | 341 | 29 | N/A | 43 | N/A |
| 12/31/2015 | 338 | 29 | N/A | 48 | N/A |
| 9/30/2015 | 332 | 28 | N/A | N/A | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KARN's forecast earnings growth (31.4% per year) is above the savings rate (0.6%).
Earnings vs Market: KARN's earnings (31.4% per year) are forecast to grow faster than the Swiss market (11.1% per year).
High Growth Earnings: KARN's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KARN's revenue (9.5% per year) is forecast to grow faster than the Swiss market (5% per year).
High Growth Revenue: KARN's revenue (9.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KARN's Return on Equity is forecast to be high in 3 years time (31.4%)
Discover growth companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/19 01:01 |
| End of Day Share Price | 2026/07/17 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Kardex Holding AG is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Lasse Stueben | Berenberg |
| Constantin Hesse | Jefferies LLC |
| Martin Comtesse | Jefferies LLC |