Kardex AG provides intralogistics solutions and supplies automated storage solutions and materials handling systems worldwide.
Flawless balance sheet with solid track record.
Share Price & News
How has Kardex's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KRDX.F's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how KRDX.F performed against the US Machinery industry.
Return vs Market: Insufficient data to determine how KRDX.F performed against the US Market.
Price Volatility Vs. Market
How volatile is Kardex's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Kardex undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: KRDX.F ($175) is trading above our estimate of fair value ($147.07)
Significantly Below Fair Value: KRDX.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: KRDX.F is poor value based on its PE Ratio (27.4x) compared to the Machinery industry average (21.7x).
PE vs Market: KRDX.F is poor value based on its PE Ratio (27.4x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: KRDX.F is poor value based on its PEG Ratio (6.4x)
Price to Book Ratio
PB vs Industry: KRDX.F is overvalued based on its PB Ratio (7.1x) compared to the US Machinery industry average (2.2x).
How is Kardex forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KRDX.F's forecast earnings growth (4.3% per year) is above the savings rate (2.2%).
Earnings vs Market: KRDX.F's earnings (4.3% per year) are forecast to grow slower than the US market (22.4% per year).
High Growth Earnings: KRDX.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: KRDX.F's revenue (2% per year) is forecast to grow slower than the US market (8.7% per year).
High Growth Revenue: KRDX.F's revenue (2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KRDX.F's Return on Equity is forecast to be high in 3 years time (27.3%)
How has Kardex performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KRDX.F has a high level of non-cash earnings.
Growing Profit Margin: KRDX.F's current net profit margins (9.4%) are higher than last year (9%).
Past Earnings Growth Analysis
Earnings Trend: KRDX.F's earnings have grown by 11.1% per year over the past 5 years.
Accelerating Growth: KRDX.F's earnings growth over the past year (15.9%) exceeds its 5-year average (11.1% per year).
Earnings vs Industry: KRDX.F earnings growth over the past year (15.9%) exceeded the Machinery industry -5.7%.
Return on Equity
High ROE: KRDX.F's Return on Equity (26.1%) is considered high.
How is Kardex's financial position?
Financial Position Analysis
Short Term Liabilities: KRDX.F's short term assets (€237.9M) exceed its short term liabilities (€97.2M).
Long Term Liabilities: KRDX.F's short term assets (€237.9M) exceed its long term liabilities (€20.6M).
Debt to Equity History and Analysis
Debt Level: KRDX.F is debt free.
Reducing Debt: KRDX.F had no debt 5 years ago.
Debt Coverage: KRDX.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KRDX.F has no debt, therefore coverage of interest payments is not a concern.
What is Kardex's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KRDX.F's dividend (2.62%) is higher than the bottom 25% of dividend payers in the US market (1.6%).
High Dividend: KRDX.F's dividend (2.62%) is low compared to the top 25% of dividend payers in the US market (4.22%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, KRDX.F has been paying a dividend for less than 10 years.
Growing Dividend: KRDX.F's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (72%), KRDX.F's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KRDX.F's dividends in 3 years are forecast to be covered by earnings (75.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jens Fankhänel (54yo)
Mr. Jens Fankhänel has been the Chief Executive Officer and Member of Management Board at Kardex AG since May 1, 2016. Mr. Fankhänel served as Head of Kardex Remstar Division at Kardex AG since January 201 ...
CEO Compensation Analysis
Compensation vs Market: Jens's total compensation ($USD1.64M) is below average for companies of similar size in the US market ($USD4.76M).
Compensation vs Earnings: Jens's compensation has been consistent with company performance over the past year.
|Group CEO & Member of Management Board||4.08yrs||€1.57m||0.025% €345.3k|
|CFO & Member of Management Board||4.08yrs||no data||0.0072% €99.7k|
|Head of Kardex Mlog Division & Member of Management Board||no data||no data||0.0045% €62.5k|
|Head of Kardex Remstar Division & Member of Management Board||1.42yrs||no data||no data|
|Head of Investor Relations||no data||no data||no data|
|Investor Relation Professional||no data||no data||no data|
Experienced Management: KRDX.F's management team is considered experienced (4.1 years average tenure).
|Vice Chairman||4.17yrs||€411.20k||0.44% €6.0m|
|Independent Chairman||9.17yrs||€215.30k||no data|
|Independent Non-Executive Director||8.17yrs||€106.20k||0.066% €913.3k|
|Director||0.17yr||no data||no data|
|Director||0.17yr||no data||no data|
|Independent Non-Executive Director||8.17yrs||€117.60k||0.040% €547.0k|
Experienced Board: KRDX.F's board of directors are considered experienced (6.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kardex AG's company bio, employee growth, exchange listings and data sources
- Name: Kardex AG
- Ticker: KRDX.F
- Exchange: OTCPK
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: CHF1.328b
- Listing Market Cap: CHF1.379b
- Shares outstanding: 7.72m
- Website: https://www.kardex.com
Number of Employees
- Kardex AG
- Thurgauerstrasse 40
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KARN||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Jan 1990|
|KAX2||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1990|
|KRDX.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1990|
|0QOL||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||CHF||Jan 1990|
Kardex AG provides intralogistics solutions and supplies automated storage solutions and materials handling systems worldwide. The company operates through Kardex Remstar and Kardex Mlog segments. 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 also provides retrieval machines, conveyor systems, vertical and horizontal systems, and warehouse management solutions, as well as turnkey systems. Further, it offers office technology solutions and products, such as mobile shelving. Kardex AG is headquartered in Zurich, Switzerland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/06 06:59|
|End of Day Share Price||2020/06/05 00:00|
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 here.