Kardex Holding (KARN.SW) Stock Price

Kardex Holding Price

SIX·CLOSED
277.55
​
Market closed

Revenue has compounded at 4.4% per year over the past 19 years to 796.12 M EUR. Earnings per share have declined at 0.4% per year over the last 19 years. Kardex Holding's net margin stands at 4.9%, down from 9.6% several years earlier. Kardex Holding currently offers a dividend yield of about 2.16%. The payout ratio is around 129% of earnings. The dividend has grown at 5.6% per year over the past 16 years. Analysts set a median price target of 400.20 EUR, implying 44.2% above the current price. Of 12 analysts, 11 rate the stock a buy — an overall Buy consensus.

Kardex Holding stock price

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Kardex Holding business model & stock analysis

The Kardex Holding AG is a Swiss company that has been offering high-quality and innovative solutions in warehouse and material handling technology for over 100 years. The company's history began in 1898 when Heinrich Karg founded his firm in Zurich and started selling cabinets, shelves, and office supplies. Over time, the company transformed and specialized more and more in solutions for warehouse and material handling technology. In the 1930s, the first vertical storage lift system was developed and the brand "KARDEX" was introduced. Since then, the company has produced numerous inventions and innovations in this field and has become a global leader in automated storage systems. The business model of Kardex Holding AG is focused on offering customers individual solutions for their specific requirements in warehouse and material handling technology. The offer includes planning, construction, and installation of storage and retrieval systems, individual software for warehouse management, as well as extensive services for these systems. Kardex Holding AG operates in four divisions: Kardex Remstar, Kardex Mlog, Kardex Stow, and Kardex Software. Under the Kardex Remstar brand, the company offers automated storage and retrieval systems. These systems include both horizontal and vertical storage lifts, drawer storage, and carousel storage. The systems can be used for small parts as well as heavy loads and are used by companies in various industries such as spare parts supply, automotive industry, pharmaceutical storage, and retail. Kardex Mlog specializes in automated material handling systems that range from goods receipt to goods dispatch. Kardex Mlog develops tailored solutions for companies in the automotive industry, pharmaceutical and food industry, packaging, and logistics. Kardex Stow is the specialist for shelving systems and offers an extensive portfolio of storage and shelving systems. The company develops and produces various types of storage - from pallet racks and heavy-duty racks to pull-out racks and multi-level systems. Kardex Stow's shelves are used in many industries, from production and distribution to banks, libraries, or retail. Under the Kardex Software brand, the company develops specialized software solutions for controlling logistics and warehouse processes. Kardex's software offers high flexibility and is capable of meeting complex requirements of companies. With Kardex's software, companies can optimize and manage their warehouse processes. Overall, Kardex Holding AG is a globally leading provider of warehouse and material handling technology solutions with a wide range of products and services. With technical expertise, comprehensive know-how, and a clear focus on customer needs, the company sets new standards in warehouse and material handling technology.

Frequently asked questions about Kardex Holding

The business model of Kardex Holding AG revolves around providing innovative solutions in the fields of materials handling and automated storage systems. Kardex Holding AG specializes in developing and manufacturing dynamic storage and retrieval systems that optimize space utilization, enhance efficiency, and improve productivity for a diverse range of industries. By offering solutions tailored to specific customer requirements, Kardex Holding AG aims to streamline workflows, reduce operational costs, and maximize the overall performance of warehouses and distribution centers. With a strong focus on technological advancements and customer-centric approach, Kardex Holding AG is committed to delivering reliable and sustainable solutions for efficient inventory management.

Kardex Holding AG is primarily active in the industries of intralogistics and automated material handling solutions.

The main competitors of Kardex Holding AG in the market include companies such as Jungheinrich AG, SSI Schaefer Group, and Dematic.

Kardex Holding AG, founded in 1898, is a renowned Swiss company specializing in automated storage and materials handling solutions. With a rich history spanning over a century, Kardex has evolved into a global leader, providing innovative storage systems and services. Over the years, the company has successfully adapted to industry demands, diversifying its product portfolio to include dynamic storage, logistics software, and automated retrieval systems. Kardex Holding AG remains at the forefront of efficient intralogistics solutions, catering to various sectors such as healthcare, retail, and industry. With its strong emphasis on technological advancements and customer satisfaction, Kardex continues to shape the future of warehousing and material flow management.

Kardex Holding AG has achieved significant milestones throughout its history. Some noteworthy achievements include strategic acquisitions, expansion into new markets, and consistent financial growth. The company's acquisition of Retrotech in 2017 enabled Kardex Holding AG to strengthen its position in the automated storage and retrieval systems market. Additionally, the expansion into the Asian markets, particularly China, has boosted their global presence. Kardex Holding AG has also exhibited steady financial growth, increasing its revenue and profitability consistently over the years. These milestones demonstrate the company's commitment to continual progress and success in the industry.

Kardex Holding AG is primarily present in various countries and regions. The company has a global presence, with a focus on Europe, Asia, and the Americas. Kardex Holding AG operates in multiple key markets, including Switzerland, Germany, Austria, Italy, France, the United Kingdom, China, Japan, the United States, and Canada. With its extensive international reach, Kardex Holding AG has established a strong presence in these markets and continues to expand its operations globally.

Kardex Holding AG represents a strong set of values and a clear corporate philosophy. The company is committed to customer satisfaction, innovation, and sustainability. Kardex Holding AG focuses on delivering high-quality products and solutions to its clients, ensuring their needs are met and exceeded. With a dedication to continuous improvement and technological advancement, the company strives to stay at the forefront of its industry. Kardex Holding AG maintains a long-term perspective, fostering strong partnerships with customers and stakeholders. By embracing sustainable practices, the company aims to contribute positively to the environment and society. Overall, Kardex Holding AG embodies a values-driven approach, emphasizing excellence, reliability, and a forward-thinking mindset.

Analysts currently set an average price target of 395.75 EUR for the Kardex Holding stock (median: 400.20 EUR), implying +44.5 % versus the latest price. The consensus is based on 12 analyst ratings.

12 analysts currently rate the Kardex Holding stock: 11 recommend buying, 1 holding and 0 selling. For 2026, analysts expect Kardex Holding to generate revenue of 983.42 M EUR and earnings per share of 8.98 EUR.

The Kardex Holding share (KARN.SW) is listed on 6 stock exchanges, including: London (0QOL.L), SIX (Zürich) (KARN.SW), Frankfurt (KAX2.F), München (KAX2.MU).

The Kardex Holding AG is an internationally active company that maintains various divisions in the areas of material flow and storage solutions as well as automated storage and material flow systems. The company was founded in 1898 and has its headquarters in Zurich, Switzerland. Within the group, different brands and subsidiaries are represented, including Kardex Remstar, Kardex Mlog, and Kardex Stow. Kardex Remstar offers storage and material flow systems for various industries, from healthcare to manufacturing to e-commerce. The Kardex Mlog division specializes in the development of automated storage systems for the manufacturing and logistics sector. Kardex Stow, on the other hand, offers shelving systems and storage solutions for pallets and small parts. The company's products range from shelf systems and picking systems to driverless transport systems. One of Kardex Remstar's most well-known products is the Shuttle XP, a vertical storage system that can store goods in a space-saving and automated manner. Kardex Mlog, on the other hand, offers solutions for the automated storage and conveyance of pallets and containers. This enables processes to be optimized in a warehouse or logistics center. Kardex's business model is based on the development and production of innovative and forward-looking storage and material flow systems. As production processes become increasingly automated, the demand for Kardex's products is increasing in many industries. Another important aspect of the business model is the services around the systems. In addition to development, production, and installation, Kardex also offers additional services. These include maintenance and repair services as well as training for employees working with the systems. Kardex's customer base includes companies from various industries that have a high volume of storage and material flow. This includes industrial companies, e-commerce companies, and hospitals. In order to meet customer needs, Kardex offers customized solutions. This enables companies to tailor their storage and material flow systems exactly to their needs and requirements. The goal of the company is to enable its customers to achieve high efficiency gains and cost savings. By using innovative technologies and optimizing processes, companies can improve their production and warehousing. This ultimately leads to higher profitability and competitiveness for customers. In summary, the business model of Kardex Holding AG is focused on the development and production of storage and material flow systems, as well as customized solutions. By using innovative technologies and optimizing processes, companies can improve their production and warehousing, ultimately increasing their profitability and competitiveness.

The expected revenue of Kardex Holding is 983.42 M EUR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Kardex Holding is 69.26 M EUR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Kardex Holding is currently 30.92. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Kardex Holding stock.

The price-to-sales ratio (P/S) of Kardex Holding is currently 2.18. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Kardex Holding stock.

The Eulerpool Quality Score for Kardex Holding is 10/10.

The ISIN of Kardex Holding is CH0100837282. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Kardex Holding is A0RMWK. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Kardex Holding is KARN.SW. The ticker symbol is used to trade Kardex Holding shares on the stock exchange.

Fair ValueTerminal
230.37 EUR
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Machinery
Number of shares
Employees
Revenue per Employee
416,165.29 EUR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website kardex.com
Currency
EUR
Initial public offering
Apr 23, 2009
ISIN
CH0100837282
Cusip
H44577189
Sedol
B00ZC75
Market capitalization
2.14 B EURMid Cap
52-Week Range
PEG
3.83
P/E ratio
P/Ee 2026
30.93
P/Ee 2027
22.34
P/Ee 2028
19.38
P/Ee 2029
18.10
P/S
P/Se
2.18
EV/EBIT
21.95
P/B Ratio
8.58
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
15.62 %
Dividend
Dividend yield
2.16 %
Est. Dividend Yield
2.36 %
Payout Ratio
129.41 %
Dividend growth Ø5Y
8.75 %
Dividend payments per year
1
Dividend paid since
13 years
Dividend not reduced since
2 years
Dividend increased since
2 years
Dividend withholding tax
35.00 %
Last updated Nov 4, 2026, 10:27 PM

Kardex Holding Ticker

FRANKFURT · KAX2.FLONDON · 0QOL.LLONDON STOCK EXCHANGE · 0QOL.LMUNICH · KAX2.MUOTC · KRDXFSIX · KARN.SW

Kardex Holding FIGI

KARN:SW · BBG000BC43V5KARN:SE · BBG000BC44Q9KAX2:GR · BBG000BPXZT6KAX2:GF · BBG000BPY012KAX2:GS · BBG000BPY2B7KAX2:GM · BBG000BPY343KRDXF:US · BBG000BXSVN0KAR2:EO · BBG000C064D6KAR2:XE · BBG000C06801KAR2:XL · BBG000C069C6KAR2:E1 · BBG000C06F32KAR2:XT · BBG000C06F96