Kardex (KARN) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.132x

Based on the latest financial reports, Kardex (KARN) has a cash flow conversion efficiency ratio of 0.132x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CHF35.70 Million ≈ $45.14 Million USD) by net assets (CHF269.49 Million ≈ $340.71 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See KARN equity financing ratio to measure how much of total assets are equity-financed.

Kardex - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Kardex's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Kardex (KARN) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Kardex Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Kardex ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Nuode Investment Co Ltd SHG:600110	0.013x
SHARP CORP. ADR/1 O.N. F:SRPB	N/A
IKD Co Ltd Class A SHG:600933	0.052x
McGraw Hill, Inc. NYSE:MH	0.398x
IQM Quantum Computers Oyj American Depositary Shares NASDAQ:IQMX	N/A
Gränges AB (publ) ST:GRNG	-0.026x
H&R Real Estate Investment Trust TO:HR-UN	0.007x
CETC Energy Joint Stock Co Ltd SHG:600877	-0.019x

Annual Cash Flow Conversion Efficiency for Kardex (2002–2025)

The table below shows the annual cash flow conversion efficiency of Kardex from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see KARN market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CHF269.49 Million ≈ $340.71 Million	CHF63.21 Million ≈ $79.91 Million	0.235x	-41.48%
2024-12-31	CHF284.90 Million ≈ $360.19 Million	CHF114.20 Million ≈ $144.38 Million	0.401x	+19.70%
2023-12-31	CHF240.10 Million ≈ $303.55 Million	CHF80.40 Million ≈ $101.65 Million	0.335x	+558.77%
2022-12-31	CHF204.60 Million ≈ $258.67 Million	CHF10.40 Million ≈ $13.15 Million	0.051x	-74.47%
2021-12-31	CHF193.90 Million ≈ $245.14 Million	CHF38.60 Million ≈ $48.80 Million	0.199x	-30.32%
2020-12-31	CHF174.30 Million ≈ $220.36 Million	CHF49.80 Million ≈ $62.96 Million	0.286x	+9.69%
2019-12-31	CHF172.00 Million ≈ $217.45 Million	CHF44.80 Million ≈ $56.64 Million	0.260x	-16.99%
2018-12-31	CHF153.30 Million ≈ $193.81 Million	CHF48.10 Million ≈ $60.81 Million	0.314x	-5.19%
2017-12-31	CHF139.00 Million ≈ $175.73 Million	CHF46.00 Million ≈ $58.16 Million	0.331x	+88.99%
2016-12-31	CHF138.20 Million ≈ $174.72 Million	CHF24.20 Million ≈ $30.60 Million	0.175x	-52.99%
2015-12-31	CHF129.40 Million ≈ $163.60 Million	CHF48.20 Million ≈ $60.94 Million	0.372x	+52.42%
2014-12-31	CHF115.80 Million ≈ $146.40 Million	CHF28.30 Million ≈ $35.78 Million	0.244x	-28.03%
2013-12-31	CHF106.90 Million ≈ $135.15 Million	CHF36.30 Million ≈ $45.89 Million	0.340x	-7.65%
2012-12-31	CHF85.40 Million ≈ $107.97 Million	CHF31.40 Million ≈ $39.70 Million	0.368x	+797.51%
2011-12-31	CHF64.50 Million ≈ $81.55 Million	CHF-3.40 Million ≈ $-4.30 Million	-0.053x	-129.76%
2010-12-31	CHF92.60 Million ≈ $117.07 Million	CHF16.40 Million ≈ $20.73 Million	0.177x	-32.13%
2009-12-31	CHF98.10 Million ≈ $124.02 Million	CHF25.60 Million ≈ $32.37 Million	0.261x	-28.39%
2008-12-31	CHF107.30 Million ≈ $135.66 Million	CHF39.10 Million ≈ $49.43 Million	0.364x	-68.26%
2007-12-31	CHF74.20 Million ≈ $93.81 Million	CHF85.20 Million ≈ $107.72 Million	1.148x	-22.15%
2006-12-31	CHF55.80 Million ≈ $70.55 Million	CHF82.30 Million ≈ $104.05 Million	1.475x	+328.25%
2005-12-31	CHF90.30 Million ≈ $114.16 Million	CHF31.10 Million ≈ $39.32 Million	0.344x	+1596.10%
2004-12-31	CHF146.70 Million ≈ $185.47 Million	CHF-3.38 Million ≈ $-4.27 Million	-0.023x	-126.53%
2003-12-31	CHF103.92 Million ≈ $131.39 Million	CHF9.02 Million ≈ $11.40 Million	0.087x	-65.89%
2002-12-31	CHF107.12 Million ≈ $135.43 Million	CHF27.25 Million ≈ $34.45 Million	0.254x	--

About Kardex

SW:KARN Switzerland Specialty Industrial Machinery

Market Cap

$2.38 Billion

CHF1.89 Billion CHF

Market Cap Rank

#5914 Global

#88 in Switzerland

Share Price

CHF244.50

Change (1 day)

+2.73%

52-Week Range

CHF215.50 - CHF335.00

All Time High

CHF335.00