Dashboard
1
High Management Efficiency with a high ROE of 24.79%
2
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 56.33
3
The company has declared Positive results for the last 3 consecutive quarters
4
With ROE of 30.23%, it has a Very Expensive valuation with a 9.11 Price to Book Value
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-14.33%
0%
-14.33%
6 Months
5.9%
0%
5.9%
1 Year
1.46%
0%
1.46%
2 Years
32.07%
0%
32.07%
3 Years
78.21%
0%
78.21%
4 Years
-3.14%
0%
-3.14%
5 Years
53.59%
0%
53.59%
Kardex Holding AG for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
10.19%
EBIT Growth (5y)
8.33%
EBIT to Interest (avg)
56.33
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.61
Sales to Capital Employed (avg)
2.83
Tax Ratio
21.95%
Dividend Payout Ratio
60.25%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
87.83%
ROE (avg)
24.79%
Valuation key factors
Factor
Value
P/E Ratio
30
Industry P/E
Price to Book Value
9.11
EV to EBIT
21.62
EV to EBITDA
19.63
EV to Capital Employed
16.22
EV to Sales
2.69
PEG Ratio
4.97
Dividend Yield
NA
ROCE (Latest)
75.06%
ROE (Latest)
30.23%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
Mildly Bearish
Shareholding Snapshot : Dec 2023
Shareholding Compare (%holding) 
Majority shareholders
Foreign Institutions
Domestic Funds
Held in 0 Schemes (0%)
Foreign Institutions
Held by 2 Foreign Institutions (0.0%)
Strategic Entities with highest holding
Highest Public shareholder
Annual Results Snapshot (Consolidated) - Dec'23
Dec'23
Dec'22
Change(%)
Net Sales
682.10
566.80
20.34%
Operating Profit (PBDIT) excl Other Income
96.70
65.20
48.31%
Interest
1.00
0.60
66.67%
Exceptional Items
-4.20
-1.00
-320.00%
Consolidate Net Profit
65.00
38.70
67.96%
Operating Profit Margin (Excl OI)
128.80%
99.90%
2.89%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2023 is 20.34% vs 15.30% in Dec 2022
Consolidated Net Profit
YoY Growth in year ended Dec 2023 is 67.96% vs -18.01% in Dec 2022
About Kardex Holding AG 
Kardex Holding AG
IT - Hardware
Kardex AG is a Switzerland-based holding company engaged in the provision of static and automated storage solutions and materials handling systems. The Company operates two corporate divisions: Kardex Remstar and Kardex Mlog. The Kardex Remstar division is active in the development, production and maintenance of dynamic storage and retrieval systems. The Kardex Mlog division develops and manufactures integrated materials handling systems and automated high-bay warehouses. The Company provides support to its customers over the entire lifecycle of a product or solution, including an assessment of customer requirements; planning, realization and implementation of customer-specific systems, and ensuring a high level of availability and low lifecycle costs by means of customer-oriented lifecycle management. In July 2013, it divested its Kardex Stow Division, which provided static storage systems, shuttles and automated mobile shelving systems.
Company Coordinates 
Company Details
Airgate, Thurgauerstrasse 40 , ZUERICH None : 8050
Registrar Details






