Kardex Holding AG
SIX:KARN

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Kardex Holding AG
SIX:KARN
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Price: 276.5 CHF -0.18% Market Closed
Market Cap: 2.1B CHF

Relative Value

The Relative Value of one KARN stock under the Base Case scenario is 296.19 CHF. Compared to the current market price of 276.5 CHF, Kardex Holding AG is Undervalued by 7%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

KARN Relative Value
Base Case
296.19 CHF
Undervaluation 7%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
55
vs Industry
30
Median 3Y
2.7
Median 5Y
2.8
Industry
1.8
Forward
2.6
vs History
74
vs Industry
27
Median 3Y
29.7
Median 5Y
31.2
Industry
22.6
Forward
28.2
vs History
34
vs Industry
33
Median 3Y
24.9
Median 5Y
25.8
Industry
15.2
vs History
26
vs Industry
30
Median 3Y
30.4
Median 5Y
31.6
Industry
21.7
vs History
26
vs Industry
4
Median 3Y
7.9
Median 5Y
7.9
Industry
2
vs History
53
vs Industry
32
Median 3Y
2.6
Median 5Y
2.6
Industry
1.9
Forward
2.4
vs History
60
vs Industry
38
Median 3Y
7.5
Median 5Y
7.7
Industry
6.7
vs History
44
vs Industry
27
Median 3Y
18.4
Median 5Y
18.9
Industry
13
Forward
18.2
vs History
42
vs Industry
29
Median 3Y
20.9
Median 5Y
21.5
Industry
17.4
Forward
20.7
vs History
34
vs Industry
34
Median 3Y
23.5
Median 5Y
23.5
Industry
15.4
vs History
25
vs Industry
29
Median 3Y
28.2
Median 5Y
29.7
Industry
19.3
vs History
49
vs Industry
5
Median 3Y
6.4
Median 5Y
6.7
Industry
1.5

Multiples Across Competitors

KARN Competitors Multiples
Kardex Holding AG Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CH
Kardex Holding AG
SIX:KARN
2.1B CHF 2.7 29.2 19.2 21.9
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 28 119.8 363 670.8 171 820.3 210 169.2
US
Parker-Hannifin Corp
NYSE:PH
111.9B USD 5.6 30.7 23 27.9
SE
Atlas Copco AB
STO:ATCO A
803B SEK 4.7 29.1 18.6 23.4
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
13.1T JPY 2.6 52 23 32.1
US
Barnes Group Inc
NYSE:B
77B USD 5.3 21.5 9.2 11.7
US
Illinois Tool Works Inc
NYSE:ITW
73.1B USD 4.6 24.2 17.8 19.5
CH
Schindler Holding AG
SIX:SCHP
32B CHF 2.9 32.4 18.7 23.4
SE
Sandvik AB
STO:SAND
371.7B SEK 3.1 25.1 14.4 19.6
FI
Kone Oyj
OMXH:KNEBV
31.3B EUR 2.8 32.8 19 23.6
JP
Fanuc Corp
TSE:6954
5.5T JPY 6.8 35.1 22.7 28.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CH
Kardex Holding AG
SIX:KARN
Average EV/EBITDA: 15 636.9
19.2
10%
1.9
JP
I
Ishii Iron Works Co Ltd
TSE:6362
171 820.3
N/A N/A
US
Parker-Hannifin Corp
NYSE:PH
23
11%
2.1
SE
Atlas Copco AB
STO:ATCO A
18.6
3%
6.2
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
23
18%
1.3
US
Barnes Group Inc
NYSE:B
9.2
33%
0.3
US
Illinois Tool Works Inc
NYSE:ITW
17.8
4%
4.5
CH
Schindler Holding AG
SIX:SCHP
18.7
8%
2.3
SE
Sandvik AB
STO:SAND
14.4
5%
2.9
FI
K
Kone Oyj
OMXH:KNEBV
19
9%
2.1
JP
Fanuc Corp
TSE:6954
22.7
10%
2.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CH
Kardex Holding AG
SIX:KARN
Average EV/EBIT: 19 127.4
21.9
11%
2
JP
I
Ishii Iron Works Co Ltd
TSE:6362
210 169.2
N/A N/A
US
Parker-Hannifin Corp
NYSE:PH
27.9
15%
1.9
SE
Atlas Copco AB
STO:ATCO A
23.4
3%
7.8
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
32.1
N/A N/A
US
Barnes Group Inc
NYSE:B
11.7
43%
0.3
US
Illinois Tool Works Inc
NYSE:ITW
19.5
4%
4.9
CH
Schindler Holding AG
SIX:SCHP
23.4
10%
2.3
SE
Sandvik AB
STO:SAND
19.6
8%
2.4
FI
K
Kone Oyj
OMXH:KNEBV
23.6
10%
2.4
JP
Fanuc Corp
TSE:6954
28.9
N/A N/A