Risk factor
Strong & resilient to price shocks
Profitability factor
Strong margins and returns
About
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.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBI
Target Price
The average target price of KARN.SW is 320 and suggests 49% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr