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Kardex Holding AG (KARN.SW)
CHF234.50
-2.50 (-1.05%)
CH SIX Industrials Industrial - Machinery
Address
Airgate 8050
Zurich, CH
Zurich, CH
CEO
Jens Hardenacke
Website
kardex.com
IPO
2004-06-03
ISIN CH0100837282
Also trades on
London Stock Exchange · 0QOL.L (CHF)
Other OTC · KRDXF (USD)
Swiss Exchange · KARN.SW (CHF)
Description
Kardex Holding AG is a global specialist in intralogistics, providing automated storage and material handling systems worldwide. The company operates through two key segments: Kardex Remstar and Kardex Mlog. Kardex Remstar is dedicated to the creation, manufacturing, and upkeep of dynamic storage and retrieval technologies. Meanwhile, Kardex Mlog offers integrated material handling systems and advanced automated high-bay warehousing solutions. Their diverse product range encompasses vertical buffer, carousel, and lift modules, horizontal carousels, heavy-duty storage units, office-specific solutions, stacker cranes, AutoStore systems, pick-and-place robotics, conveyor infrastructure, and comprehensive software and control platforms, along with various accessories. These solutions find application in areas such as automated storage and retrieval, buffering and sequencing, order fulfillment, controlled environment operations, document archiving, and general contracting projects. The company's corporate headquarters are located in Zurich, Switzerland.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
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Signal Summary
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| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
CHF234.50
-2.50 (-1.05%)
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Volume Profile
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Liquidity & share structure
Average Volume
17.2K
Beta
1.37
Float Shares
5.97M
Free Float %
77.4%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.55% | -0.37% | -3.23% | +3.45% | -3.05% | -4.26% | +10.43% | +38.46% | +33.66% | +241.77% | +675.86% |
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From
To
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Annual Monthly Returns
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Daily Returns Distribution
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Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Analyst Consensus (1 ratings, all time)
Buy
Price Targets & DCF
Current price
234.50
DCF (Unlevered)
86.00
-63.3%
DCF (Levered)
114.59
-51.1%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
100% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 6 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
11.56
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
-
Revenue growth Industrial - Machinery: +7.4%+8.1% ★ Q4'25: +18.2% (vs Q4'23)
-
EPS growth Industrial - Machinery: +15.6%-48.1% Q4'25: -84.3% (vs Q4'23)
-
FCF margin FCF growth · Industrial - Machinery: +38.2%+0.3% Q4'25: +5.1% (vs Q4'23)
-
EBIT margin Industrial - Machinery: +10.0%+11.8% ★ Q4'25: +11.8% (vs Q4'23)
-
ROIC Industrial - Machinery: +6.8%+47.5% ★ Q4'25: +92.3% (vs Q4'23)
-
Share dilution Industrial - Machinery: +0.0%-0.1% ★ Q4'25: 0.0% (vs Q4'23)
-
Debt / EBITDA Net debt/EBITDA · Industrial - Machinery: -0.65×0.00× ★ Q4'25: 0.00× (vs Q4'23)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2000 actual |
Dec 2001 actual |
Dec 2002 actual |
Dec 2003 actual |
Dec 2004 actual |
Dec 2005 actual |
Dec 2006 actual |
Dec 2007 actual |
Dec 2008 actual |
Dec 2009 actual |
Dec 2010 actual |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2014 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 7 Rev. Ana. 6 EPS Ana. |
Dec 2027 7 Rev. Ana. 6 EPS Ana. |
Dec 2028 6 Rev. Ana. 5 EPS Ana. |
Dec 2029 5 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
440.54M
est.
|
561.14M
est.
|
379.14M
est: 558.19M (-32.1%)
|
393.11M
est: 622.69M (-36.9%)
|
397.25M
est: 629.30M (-36.9%)
|
425.30M
est: 683.19M (-37.7%)
|
379.10M
est: 734.98M (-48.4%)
|
422.50M
est: 602.88M (-29.9%)
|
460.00M
est: 717.59M (-35.9%)
|
342.90M
est: 518.16M (-33.8%)
|
355.90M
est: 474.53M (-25.0%)
|
459.20M
est: 518.68M (-11.5%)
|
484.40M
est: 596.05M (-18.7%)
|
399.30M
est: 477.93M (-16.5%)
|
308.00M
est: 378.38M (-18.6%)
|
337.90M
est: 368.41M (-8.3%)
|
358.50M
est: 389.51M (-8.0%)
|
376.10M
est: 437.65M (-14.1%)
|
423.40M
est: 472.43M (-10.4%)
|
471.20M
est: 510.95M (-7.8%)
|
412.90M
est: 453.17M (-8.9%)
|
455.50M
est: 487.77M (-6.6%)
|
565.60M
est: 536.24M (+5.5%)
|
702.90M
est: 765.63M (-8.2%)
|
791.20M
est: 760.30M (+4.1%)
|
855.15M
est: 870.33M (-1.7%)
|
954.04M
948.62M – 964.81M
+9.6% YoY
|
1.06B
1.00B – 1.10B
+11.2% YoY
|
1.17B
1.12B – 1.22B
+10.2% YoY
|
1.26B
1.23B – 1.29B
+8.1% YoY
|
| EBITDA |
31.40M
est.
|
24.43M
est.
|
25.37M
est: 9.17M (+176.6%)
|
26.53M
est: 85.39M (-68.9%)
|
102.92M
est: 86.30M (+19.3%)
|
55.30M
est: 93.69M (-41.0%)
|
42.40M
est: 100.79M (-57.9%)
|
45.80M
est: -12.80M (+457.9%)
|
54.20M
est: 39.52M (+37.2%)
|
17.20M
est: 33.22M (-48.2%)
|
9.10M
est: 7.78M (+16.9%)
|
20.90M
est: -3.72M (+662.4%)
|
38.10M
est: 11.26M (+238.3%)
|
35.40M
est: 26.14M (+35.4%)
|
33.40M
est: 51.89M (-35.6%)
|
42.10M
est: 51.44M (-18.2%)
|
45.80M
est: 54.39M (-15.8%)
|
50.70M
est: 48.35M (+4.9%)
|
58.80M
est: 54.60M (+7.7%)
|
69.70M
est: 57.44M (+21.4%)
|
62.10M
est: 56.44M (+10.0%)
|
65.90M
est: 63.57M (+3.7%)
|
63.70M
est: 69.39M (-8.2%)
|
100.70M
est: 101.86M (-1.1%)
|
117.50M
est: 101.82M (+15.4%)
|
111.12M
est: 115.79M (-4.0%)
|
126.92M
126.20M – 128.35M
+9.6% YoY
|
141.10M
133.69M – 146.19M
+11.2% YoY
|
155.49M
148.72M – 162.26M
+10.2% YoY
|
168.05M
162.98M – 172.13M
+8.1% YoY
|
| EBIT |
28.05M
est.
|
27.90M
est.
|
12.71M
est: 11.34M (+12.1%)
|
84.92M
est: 75.50M (+12.5%)
|
81.70M
est: 76.30M (+7.1%)
|
26.60M
est: 82.83M (-67.9%)
|
25.30M
est: 89.11M (-71.6%)
|
36.60M
est: 15.26M (+139.9%)
|
45.10M
est: 41.90M (+7.6%)
|
7.00M
est: 30.54M (-77.1%)
|
-1.40M
est: 5.77M (-124.3%)
|
8.40M
est: -7.00M (+220.1%)
|
26.80M
est: 11.95M (+124.2%)
|
37.30M
est: 22.13M (+68.5%)
|
29.90M
est: 45.87M (-34.8%)
|
37.60M
est: 45.48M (-17.3%)
|
40.80M
est: 48.08M (-15.1%)
|
45.30M
est: 45.49M (-0.4%)
|
53.00M
est: 51.47M (+3.0%)
|
63.00M
est: 55.06M (+14.4%)
|
55.00M
est: 56.44M (-2.5%)
|
61.10M
est: 63.57M (-3.9%)
|
54.10M
est: 69.39M (-22.0%)
|
87.30M
est: 90.60M (-3.6%)
|
103.80M
est: 90.57M (+14.6%)
|
100.45M
est: 102.98M (-2.5%)
|
112.89M
112.25M – 114.16M
+9.6% YoY
|
125.50M
118.91M – 130.03M
+11.2% YoY
|
138.30M
132.28M – 144.32M
+10.2% YoY
|
149.47M
144.96M – 153.10M
+8.1% YoY
|
| Net Income |
19.77M
est.
|
20.13M
est.
|
2.07M
est: 2.69M (-22.8%)
|
5.18M
est: 10.23M (-49.4%)
|
6.78M
est: 8.05M (-15.8%)
|
-34.20M
est: 15.24M (-324.4%)
|
33.20M
est: -36.79M (+190.2%)
|
21.80M
est: -27.23M (+180.1%)
|
33.00M
est: 25.95M (+27.2%)
|
800.0K
est: 23.83M (-96.6%)
|
-9.80M
est: 732.6K (-1,437.7%)
|
3.00M
est: -10.71M (+128.0%)
|
21.40M
est: 3.45M (+520.7%)
|
31.50M
est: 17.16M (+83.6%)
|
23.80M
est: 21.25M (+12.0%)
|
28.50M
est: 30.98M (-8.0%)
|
30.80M
est: 31.58M (-2.5%)
|
31.80M
est: 33.93M (-6.3%)
|
38.30M
est: 35.58M (+7.6%)
|
44.40M
est: 39.64M (+12.0%)
|
40.70M
est: 39.46M (+3.1%)
|
43.90M
est: 44.45M (-1.2%)
|
37.80M
est: 54.00M (-30.0%)
|
66.60M
est: 75.31M (-11.6%)
|
80.70M
est: 76.67M (+5.3%)
|
41.87M
est: 75.51M (-44.5%)
|
85.35M
79.08M – 91.63M
+13.0% YoY
|
109.18M
91.45M – 111.57M
+27.9% YoY
|
117.22M
110.02M – 124.43M
+7.4% YoY
|
115.94M
111.39M – 119.60M
-1.1% YoY
|
| SGA |
70.34M
est.
|
75.15M
est.
|
72.63M
est: 74.70M (-2.8%)
|
65.41M
est: 117.87M (-44.5%)
|
67.28M
est: 119.12M (-43.5%)
|
76.70M
est: 99.62M (-23.0%)
|
72.20M
est: 139.12M (-48.1%)
|
70.40M
est: 59.22M (+18.9%)
|
77.60M
est: 83.79M (-7.4%)
|
73.90M
est: 56.03M (+31.9%)
|
81.10M
est: 67.68M (+19.8%)
|
84.30M
est: 88.65M (-4.9%)
|
86.40M
est: 95.38M (-9.4%)
|
79.40M
est: 66.71M (+19.0%)
|
66.40M
est: 71.62M (-7.3%)
|
74.20M
est: 71.00M (+4.5%)
|
76.90M
est: 77.27M (-0.5%)
|
79.40M
est: 83.60M (-5.0%)
|
87.20M
est: 87.61M (-0.5%)
|
96.20M
est: 89.21M (+7.8%)
|
84.40M
est: 83.99M (+0.5%)
|
90.90M
est: 94.61M (-3.9%)
|
107.20M
est: 103.26M (+3.8%)
|
127.20M
est: 145.26M (-12.4%)
|
151.10M
est: 145.22M (+4.1%)
|
160.44M
est: 165.13M (-2.8%)
|
181.01M
179.98M – 183.05M
+9.6% YoY
|
201.22M
190.66M – 208.49M
+11.2% YoY
|
221.75M
212.10M – 231.41M
+10.2% YoY
|
239.66M
232.43M – 245.48M
+8.1% YoY
|
| EPS |
4.32
est.
|
1.31
est.
|
2.59
est: 0.50 (+421.8%)
|
6.48
est: 1.33 (+386.5%)
|
0.32
est: 1.05 (-69.5%)
|
-6.07
est: 1.98 (-405.9%)
|
2.40
est: -4.91 (+148.9%)
|
3.87
est: 3.72 (+4.1%)
|
5.94
est: 5.40 (+10.0%)
|
0.14
est: 0.59 (-76.1%)
|
-1.75
est: -1.76 (+0.8%)
|
0.48
est: 0.40 (+19.8%)
|
2.77
est: 2.43 (+14.1%)
|
4.08
est: 3.00 (+36.0%)
|
3.08
est: 2.77 (+11.3%)
|
3.69
est: 4.02 (-8.3%)
|
3.99
est: 4.10 (-2.7%)
|
4.12
est: 5.03 (-18.1%)
|
4.96
est: 5.82 (-14.8%)
|
5.75
est: 6.18 (-7.0%)
|
5.28
est: 4.76 (+10.9%)
|
5.69
est: 6.44 (-11.6%)
|
4.90
est: 4.77 (+2.8%)
|
8.63
est: 9.76 (-11.6%)
|
10.45
est: 9.97 (+4.8%)
|
5.42
est: 9.81 (-44.8%)
|
11.00
10.25 – 11.88
+12.2% YoY
|
12.84
11.85 – 14.46
+16.7% YoY
|
14.90
14.26 – 16.13
+16.0% YoY
|
15.03
14.44 – 15.50
+0.9% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-28 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-27 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-26 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-22 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-21 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-20 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-19 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-18 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-15 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-13 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-12 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-11 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-08 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-07 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-06 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-05 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-04 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-30 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-29 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-28 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-27 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-24 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-23 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-22 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-21 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-20 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-17 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-16 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-15 | B- | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 1/5 | 1/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
174.56M
OE per share TTM
22.62
Owner's Yield
8.38%
Maintenance CapEx ratio
128.10%
Maint CapEx / Avg PPE
10.0%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
38.8K
Shares Outstanding
7.71M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Jens Hardenacke | Chief Executive Officer | 882.2K | male |
| Thomas Reist | Chief Financial Officer | 763.6K | male |
| Alexandre Müller | Investor Relation Professional | — | — |
| Edwin van der Geest | Head of Investor Relations | — | — |
| Hans-Jürgen Heitzer | Head of Kardex Mlog Division | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for KARN.SW
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
