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Kardex Holding AGSWX:KARN Stock Report

Market Cap CHF 2.0b
Share Price
CHF 263.50
CHF 342.56
23.1% undervalued intrinsic discount
1Y1.5%
7D-2.9%
1D
Portfolio Value
View

Kardex Holding AG

SWX:KARN Stock Report

Market Cap: CHF 2.0b

KARN Community Fair Values

Create Narrative

See what 11 others think this stock is worth. Follow their fair value or set your own to get alerts.

Kardex Holding AG Competitors

Price History & Performance

Summary of share price highs, lows and changes for Kardex Holding
Historical stock prices
Current Share PriceCHF 263.50
52 Week HighCHF 340.00
52 Week LowCHF 230.00
Beta1.35
1 Month Change-3.13%
3 Month Change7.11%
1 Year Change1.54%
3 Year Change34.30%
5 Year Change21.99%
Change since IPO593.42%

Recent News & Updates

Recent updates

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...
Analysis Article Oct 19

What Is Kardex Holding AG's (VTX:KARN) Share Price Doing?

While Kardex Holding AG ( VTX:KARN ) might not be the most widely known stock at the moment, it saw a decent share...
Analysis Article Jul 26

Capital Investment Trends At Kardex Holding (VTX:KARN) Look Strong

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Jul 08

Is It Too Late To Consider Buying Kardex Holding AG (VTX:KARN)?

While Kardex Holding AG ( VTX:KARN ) might not be the most widely known stock at the moment, it received a lot of...
Analysis Article Apr 23

Kardex Holding (VTX:KARN) Is Increasing Its Dividend To CHF4.30

Kardex Holding AG's ( VTX:KARN ) dividend will be increasing to CHF4.30 on 27th of April. Based on the announced...

Shareholder Returns

KARNCH MachineryCH Market
7D-2.9%1.7%-0.9%
1Y1.5%-7.5%6.8%

Return vs Industry: KARN exceeded the Swiss Machinery industry which returned -7% over the past year.

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

Price Volatility

Is KARN's price volatile compared to industry and market?
KARN volatility
KARN Average Weekly Movement5.2%
Machinery Industry Average Movement5.4%
Market Average Movement4.5%
10% most volatile stocks in CH Market8.2%
10% least volatile stocks in CH Market2.4%

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

Volatility Over Time: KARN's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19222,941Jens Hardenackewww.kardex.com

Kardex Holding AG provides intralogistics solutions in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through two segments, Automated Products and Standardized Systems. The company provides intelligent entry into automation with its dynamic storage and retrieval systems; offers integrated material handling systems, multi-shuttle technology, small parts storage systems and automated high-bay warehouses; storage and picking solutions for small parts; bin shuttle systems for lightgoods; storage and order fulfillment solutions; and life cycle services, as well as system upgrades, support, and digital services.

Kardex Holding AG Fundamentals Summary

How do Kardex Holding's earnings and revenue compare to its market cap?
KARN fundamental statistics
Market capCHF 2.03b
Earnings (TTM)CHF 38.13m
Revenue (TTM)CHF 779.49m
53.3x
P/E Ratio
2.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KARN income statement (TTM)
Revenue€850.40m
Cost of Revenue€560.50m
Gross Profit€289.90m
Other Expenses€248.30m
Earnings€41.60m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Jul 30, 2026

Earnings per share (EPS)5.39
Gross Margin34.09%
Net Profit Margin4.89%
Debt/Equity Ratio0%

How did KARN perform over the long term?

See historical performance and comparison

Dividends

2.3%
Current Dividend Yield
120%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/04 11:24
End of Day Share Price 2026/06/04 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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

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.

AnalystInstitution
Lasse StuebenBerenberg
Constantin HesseJefferies LLC
Martin ComtesseJefferies LLC