Kardex

Kardex

KARN · SW · Industrials / Specialty Industrial Machinery

241.00CHF-5.50 (-2.23%)

Price History

Full chart

Market Stats

Previous Close246.50
Open246.00
Day Range241.00 – 246.00
52-Week Range202.00 – 299.68
Volume13.70K
Market Cap1.86B
P/E (TTM)68.52
Forward P/E10.71
EPS3.51
Dividend Yield2.49%
Beta1.38
50-Day Avg244.15
200-Day Avg255.02

About

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. It also provides vertical lift, Buffer, and carousel, as well as horizontal carousel modules; heavy-duty units; cubic bin storage solutions; power pick system; power pick cloud; control centers; machine interface software solutions; java machine interface; mobile data entry; plastic bins designed to store and transport goods for various industries; storage of heavy and oversized goods; vertical lift module boxes; stacker cranes; pick and place robotics; solutions for warehouse storage, order picking, packing, and shipping; and conveyor systems, as well as AutoStore solutions. Its products are used in automated storage and retrieval systems, buffering and sequencing, production and distribution logistics, spare parts management, and controlled environment. The company serves various sectors, such as automotive, chemicals, food and beverage, hospitals, mechanical engineering, pharmaceuticals, tyres, wood panel handling, E-commerce and retail, wholesale, third part logistics, public administration, and media storage and retrieval applications. Kardex Holding AG was founded in 1922 and is based in Zurich, Switzerland.

Company Details

  • SectorIndustrials
  • IndustrySpecialty Industrial Machinery
  • CEOMr. Jens Hardenacke
  • Employees3.04K
  • HeadquartersAirgate, Zurich, Switzerland, 8050, Switzerland
  • Websitehttps://www.kardex.com

Leadership

  • Mr. Jens HardenackeChief Executive Officer · b. 1971
  • Mr. Thomas ReistChief Financial Officer · b. 1971
  • Edwin van der GeestHead of Investor Relations
  • Mr. Hans-Jürgen HeitzerHead of Kardex Mlog Division · b. 1962
  • Alexandre MüllerInvestor Relation Professional

Financials

Income Statement

Currency: EUR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue379.14M393.11M397.25M425.30M379.10M422.50M460.00M342.90M355.90M459.20M484.40M399.30M308.00M337.90M358.50M376.10M423.40M471.20M412.90M455.50M565.60M702.90M791.20M855.15M
Growth (%)-+3.69%+1.05%+7.06%-10.86%+11.45%+8.88%-25.46%+3.79%+29.03%+5.49%-17.57%-22.87%+9.71%+6.10%+4.91%+12.58%+11.29%-12.37%+10.32%+24.17%+24.28%+12.56%+8.08%
Cost of Revenue285.42M307.52M305.30M356.90M285.00M314.70M338.10M259.30M278.60M361.30M364.80M285.60M205.20M215.10M230.10M240.40M271.20M299.90M259.90M292.20M387.90M467.00M514.40M569.09M
Gross Profit93.72M85.59M91.95M68.40M94.10M107.80M121.90M83.60M77.30M97.90M119.60M113.70M102.80M122.80M128.40M135.70M152.20M171.30M153.00M163.30M177.70M235.90M276.80M286.06M
Gross Margin24.72%21.77%23.15%16.08%24.82%25.51%26.50%24.38%21.72%21.32%24.69%28.47%33.38%36.34%35.82%36.08%35.95%36.35%37.05%35.85%31.42%33.56%34.98%33.45%
Operating Expense81.00M72.99M77.06M17.70M68.80M57.90M79.60M77.30M83.70M87.50M92.00M84.50M73.70M84.40M87.20M90.20M99.10M107.80M97.50M102.90M121.90M150.00M178.40M185.60M
Operating Income12.71M12.60M14.89M50.70M25.30M49.90M42.30M6.30M-6.40M10.40M27.60M29.20M29.10M38.40M41.20M45.50M53.10M63.50M55.50M60.40M55.80M85.90M98.40M100.45M
Operating Margin3.35%3.21%3.75%11.92%6.67%11.81%9.20%1.84%-1.80%2.26%5.70%7.31%9.45%11.36%11.49%12.10%12.54%13.48%13.44%13.26%9.87%12.22%12.44%11.75%
EBITDA25.37M26.53M102.92M26.60M42.40M45.80M54.20M17.20M9.10M20.90M38.10M35.40M33.40M42.10M45.80M50.70M58.80M69.70M62.10M65.90M63.70M100.70M117.50M111.12M
EBITDA Margin6.69%6.75%25.91%6.25%11.18%10.84%11.78%5.02%2.56%4.55%7.87%8.87%10.84%12.46%12.78%13.48%13.89%14.79%15.04%14.47%11.26%14.33%14.85%12.99%
Net Income2.07M5.18M6.78M-34.20M33.20M21.80M33.00M800.00K-9.80M3.00M21.40M31.50M23.80M28.50M30.80M31.80M38.30M44.40M40.70M43.90M37.80M66.60M80.70M41.87M
Net Income Margin0.55%1.32%1.71%-8.04%8.76%5.16%7.17%0.23%-2.75%0.65%4.42%7.89%7.73%8.43%8.59%8.46%9.05%9.42%9.86%9.64%6.68%9.48%10.20%4.90%
R&D6.27M5.46M----2.50M3.90M5.40M5.20M5.40M5.90M7.00M9.30M9.90M10.30M11.40M11.30M11.00M12.00M12.70M17.50M22.50M25.16M
R&D as % of Total Revenue1.65%1.39%----0.54%1.14%1.52%1.13%1.11%1.48%2.27%2.75%2.76%2.74%2.69%2.40%2.66%2.63%2.25%2.49%2.84%2.94%
Interest Expense8.01M4.60M80.15M82.50M5.30M34.80M5.80M5.30M6.90M6.60M2.30M1.85M1.30M1.60M900.00K800.00K1.50M2.80M1.40M1.50M602.25K200.00K1.05M40.06M
Interest Expense % of Total Revenue2.11%1.17%20.18%19.40%1.40%8.24%1.26%1.55%1.94%1.44%0.47%0.46%0.42%0.47%0.25%0.21%0.35%0.59%0.34%0.33%0.11%0.03%0.13%4.68%

Balance Sheet

Currency: EUR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets300.24M296.70M328.41M286.60M290.60M252.30M278.60M242.90M308.50M252.50M235.80M191.30M195.10M220.40M232.00M240.20M264.90M289.80M277.30M337.80M364.10M422.20M493.50M502.61M
Total Liabilities193.12M192.78M181.72M196.30M234.80M178.10M171.30M144.80M215.90M188.00M150.40M84.40M79.30M91.00M93.80M101.20M111.60M117.80M103.00M143.90M159.50M182.10M208.60M233.12M
Total Equity103.98M103.77M146.48M90.30M55.80M74.20M107.30M98.10M92.60M64.50M85.40M106.90M115.80M129.40M138.20M139.00M153.30M171.50M173.90M193.80M203.90M239.10M283.90M268.09M
Cash24.15M14.81M19.81M24.60M23.70M24.80M27.40M26.80M42.80M36.90M34.10M79.10M85.10M112.50M105.70M114.90M129.20M133.60M122.40M85.90M71.20M107.30M136.00M96.72M
Total Debt79.33M73.58M56.18M------52.50M21.70M2.10M------100.00K600.00K--100.00K-
Net Debt55.17M58.77M36.37M-24.60M-23.70M-24.80M-27.40M-26.80M-42.80M15.60M-12.40M-77.00M-85.10M-112.50M-105.70M-114.90M-129.20M-133.60M-122.30M-85.30M-71.20M-107.30M-135.90M-96.72M

Cash Flow

Currency: EUR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow27.25M9.02M-3.38M31.10M82.30M85.20M39.10M25.60M16.40M-3.40M31.40M36.30M28.30M48.20M24.20M46.00M48.10M44.80M49.80M38.60M10.40M80.40M114.20M63.21M
Investing Cash Flow-11.92M-9.31M-8.36M-10.20M14.20M22.00M18.90M-7.70M-28.30M-4.40M-3.00M57.60M-4.60M-5.50M-7.80M-11.40M-10.30M-14.00M-24.60M-48.20M6.10M-15.00M-48.50M-25.06M
Financing Cash Flow-15.56M-7.96M16.76M15.70M27.00M31.80M17.50M-19.00M26.70M2.30M-31.30M-48.10M-18.90M-16.70M-23.00M-23.40M-23.90M-27.40M-33.90M-27.50M-32.80M-27.50M-39.40M-50.83M
Capital Expenditure12.38M9.06M9.34M11.90M17.00M6.50M14.30M9.50M9.20M4.90M5.10M4.10M3.50M3.50M5.90M5.30M8.60M14.00M22.00M9.80M18.80M19.70M15.30M23.96M
Free Cash Flow14.87M-43.57K-12.72M19.20M65.30M78.70M24.80M16.10M7.20M-8.30M26.30M32.20M24.80M44.70M18.30M40.70M39.50M30.80M27.80M28.80M-8.40M60.70M98.90M39.25M
Dividends Paid--1.55M----9.20M---7.50M7.92M12.10M23.00M27.50M27.50M27.60M32.90M28.00M32.60M27.30M39.40M48.82M
FCF to OCF54.59%-0.48%376.58%61.74%79.34%92.37%63.43%62.89%43.90%244.12%83.76%88.71%87.63%92.74%75.62%88.48%82.12%68.75%55.82%74.61%-80.77%75.50%86.60%62.10%
Dividend Paid to FCF---12.21%----57.14%---23.29%31.96%27.07%125.68%67.57%69.62%89.61%118.35%97.22%-388.10%44.98%39.84%124.36%

Earnings

Report DateMar 13, 2014Aug 21, 2014Mar 10, 2016Aug 11, 2016Mar 8, 2017Aug 10, 2017Mar 1, 2018Aug 2, 2018Jul 30, 2020Mar 4, 2021Jun 2, 2021Jul 29, 2021Dec 1, 2021Mar 3, 2022Jun 1, 2022Jul 28, 2022Nov 30, 2022Mar 2, 2023May 31, 2023Jul 27, 2023Nov 29, 2023Mar 7, 2024May 29, 2024Jul 30, 2024Nov 27, 2024Mar 6, 2025Jul 31, 2025Dec 31, 2025Mar 11, 2027
EPS Estimate0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.003.890.000.000.000.000.000.000.000.000.00--
EPS Actual0.000.002.101.682.301.822.312.200.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.005.504.690.70-
Surprise------------------100.00%-----------
Timing---------------Pre-market-Pre-market-Pre-market--------Pre-market

Key Statistics & Ratios

Market Cap1.86B
Enterprise Value1.69B
Trailing P/E68.52
Forward P/E10.71
PEG Ratio0.00
Price / Sales2.12
Price / Book8.08
EPS3.51
Book Value29.80
Revenue (TTM)875.20M
Gross Profit (TTM)279.50M
EBITDA129.20M
Profit Margin3.20%
Operating Margin6.83%
Return on Equity11.01%
Return on Assets10.20%
Shares Outstanding7.72M
Shares Float5.97M
Beta1.38
Dividend Yield2.49%
Dividend Rate6.00
Payout Ratio8.56%

Dividends

20261×
6.00May 4, 2026
20251×
6.00Apr 28, 2025
20241×
5.00Apr 29, 2024
20231×
3.50Apr 24, 2023
20221×
4.30Apr 25, 2022
20211×
4.00Apr 19, 2021
20201×
4.50Apr 16, 2020
20191×
4.00Apr 15, 2019
20181×
3.60Jun 29, 2018
20171×
3.30Jul 5, 2017
20161×
3.00Jul 5, 2016
20152×
0.65Jul 8, 20151.65Apr 27, 2015
20141×
1.25Apr 28, 2014
20132×
4.00Sep 27, 20131.20Apr 29, 2013
20091×
2.50Jul 7, 2009
20051×
0.74Aug 10, 2005
20041×
0.60May 21, 2004
20011×
2.80Jun 11, 2001
20001×
3.00Jun 13, 2000
19991×
2.84Jun 14, 1999
19981×
2.69Jun 12, 1998
19971×
2.53Jun 9, 1997

Stock Splits

  • Jun 3, 20045:1
  • Jul 12, 200081:64
  • Jun 9, 19971802:1721