Kardex Holding AG
Kardex Holding AG provides intralogistics solutions, automated storage solutions, and materials handling systems worldwide. It operates through two segments, Automated Products and Standardized Systems. The company develops, produces, and maintains dynamic storage and retrieval systems; offers integrated material handling systems and automated high bay warehouses; and storage and picking solution… Read more
Kardex Holding AG (KRDXF) - Net Assets
Latest net assets as of June 2025: $263.40 Million USD
Based on the latest financial reports, Kardex Holding AG (KRDXF) has net assets worth $263.40 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($494.60 Million) and total liabilities ($231.20 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $263.40 Million |
| % of Total Assets | 53.26% |
| Annual Growth Rate | 4.55% |
| 5-Year Change | 63.45% |
| 10-Year Change | 120.17% |
| Growth Volatility | 21.99 |
Kardex Holding AG - Net Assets Trend (2002–2024)
This chart illustrates how Kardex Holding AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kardex Holding AG (2002–2024)
The table below shows the annual net assets of Kardex Holding AG from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $284.90 Million | +18.66% |
| 2023-12-31 | $240.10 Million | +17.35% |
| 2022-12-31 | $204.60 Million | +5.52% |
| 2021-12-31 | $193.90 Million | +11.24% |
| 2020-12-31 | $174.30 Million | +1.34% |
| 2019-12-31 | $172.00 Million | +12.20% |
| 2018-12-31 | $153.30 Million | +10.29% |
| 2017-12-31 | $139.00 Million | +0.58% |
| 2016-12-31 | $138.20 Million | +6.80% |
| 2015-12-31 | $129.40 Million | +11.74% |
| 2014-12-31 | $115.80 Million | +8.33% |
| 2013-12-31 | $106.90 Million | +25.18% |
| 2012-12-31 | $85.40 Million | +32.40% |
| 2011-12-31 | $64.50 Million | -30.35% |
| 2010-12-31 | $92.60 Million | -5.61% |
| 2009-12-31 | $98.10 Million | -8.57% |
| 2008-12-31 | $107.30 Million | +44.61% |
| 2007-12-31 | $74.20 Million | +32.97% |
| 2006-12-31 | $55.80 Million | -38.21% |
| 2005-12-31 | $90.30 Million | -38.45% |
| 2004-12-31 | $146.70 Million | +41.16% |
| 2003-12-31 | $103.92 Million | -2.98% |
| 2002-12-31 | $107.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kardex Holding AG's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 30519779095.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $294.50 Million | 103.73% |
| Common Stock | $2.50 Million | 0.88% |
| Total Equity | $283.90 Million | 100.00% |
Kardex Holding AG Competitors by Market Cap
The table below lists competitors of Kardex Holding AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LianChuang Electronic Technology Co Ltd
SHE:002036
|
$1.38 Billion |
|
Kyland Technology Co Ltd
SHE:300353
|
$1.38 Billion |
|
Tibet Urban Development and Investment Co Ltd
SHG:600773
|
$1.38 Billion |
|
W.T.B. Financial Corporation
PINK:WTBFA
|
$1.38 Billion |
|
Lien Hwa Industrial Corp
TW:1229
|
$1.38 Billion |
|
Guangdong Create Century Intelligent Equipment Group Corp Ltd
SHE:300083
|
$1.38 Billion |
|
JetBlue Airways Corp
NASDAQ:JBLU
|
$1.38 Billion |
|
Shanghai Baosight Software Co Ltd B
SHG:900926
|
$1.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kardex Holding AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 239,100,000 to 283,900,000, a change of 44,800,000 (18.7%).
- Net income of 80,700,000 contributed positively to equity growth.
- Dividend payments of 39,400,000 reduced retained earnings.
- Other comprehensive income increased equity by 11,900,000.
- Other factors decreased equity by 8,400,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $80.70 Million | +28.43% |
| Dividends Paid | $39.40 Million | -13.88% |
| Other Comprehensive Income | $11.90 Million | +4.19% |
| Other Changes | $-8.40 Million | -2.96% |
| Total Change | $- | 18.74% |
Book Value vs Market Value Analysis
This analysis compares Kardex Holding AG's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 6.66x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.88x to 6.66x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $277.29 | $245.00 | x |
| 2003-12-31 | $276.73 | $245.00 | x |
| 2004-12-31 | $29.49 | $245.00 | x |
| 2005-12-31 | $16.03 | $245.00 | x |
| 2006-12-31 | $9.92 | $245.00 | x |
| 2007-12-31 | $12.39 | $245.00 | x |
| 2008-12-31 | $17.20 | $245.00 | x |
| 2009-12-31 | $15.73 | $245.00 | x |
| 2010-12-31 | $16.54 | $245.00 | x |
| 2011-12-31 | $10.22 | $245.00 | x |
| 2012-12-31 | $11.06 | $245.00 | x |
| 2013-12-31 | $13.85 | $245.00 | x |
| 2014-12-31 | $14.98 | $245.00 | x |
| 2015-12-31 | $16.74 | $245.00 | x |
| 2016-12-31 | $17.88 | $245.00 | x |
| 2017-12-31 | $18.02 | $245.00 | x |
| 2018-12-31 | $19.87 | $245.00 | x |
| 2019-12-31 | $22.22 | $245.00 | x |
| 2020-12-31 | $22.55 | $245.00 | x |
| 2021-12-31 | $25.13 | $245.00 | x |
| 2022-12-31 | $26.44 | $245.00 | x |
| 2023-12-31 | $30.99 | $245.00 | x |
| 2024-12-31 | $36.78 | $245.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kardex Holding AG utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 28.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.20%
- • Asset Turnover: 1.60x
- • Equity Multiplier: 1.74x
- Recent ROE (28.43%) is above the historical average (17.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 1.99% | 0.55% | 1.26x | 2.89x | $-8.33 Million |
| 2003 | 4.99% | 1.32% | 1.32x | 2.86x | $-5.20 Million |
| 2004 | 4.63% | 1.71% | 1.21x | 2.24x | $-7.87 Million |
| 2005 | -37.87% | -8.04% | 1.48x | 3.17x | $-43.23 Million |
| 2006 | 59.50% | 8.76% | 1.30x | 5.21x | $27.62 Million |
| 2007 | 29.38% | 5.16% | 1.67x | 3.40x | $14.38 Million |
| 2008 | 30.75% | 7.17% | 1.65x | 2.60x | $22.27 Million |
| 2009 | 0.82% | 0.23% | 1.41x | 2.48x | $-9.01 Million |
| 2010 | -10.58% | -2.75% | 1.15x | 3.33x | $-19.06 Million |
| 2011 | 4.65% | 0.65% | 1.82x | 3.91x | $-3.45 Million |
| 2012 | 25.06% | 4.42% | 2.05x | 2.76x | $12.86 Million |
| 2013 | 29.47% | 7.89% | 2.09x | 1.79x | $20.81 Million |
| 2014 | 20.55% | 7.73% | 1.58x | 1.68x | $12.22 Million |
| 2015 | 22.02% | 8.42% | 1.54x | 1.70x | $15.56 Million |
| 2016 | 22.29% | 8.59% | 1.55x | 1.68x | $16.98 Million |
| 2017 | 22.88% | 8.46% | 1.57x | 1.73x | $17.90 Million |
| 2018 | 24.98% | 9.05% | 1.60x | 1.73x | $22.97 Million |
| 2019 | 25.89% | 9.42% | 1.63x | 1.69x | $27.25 Million |
| 2020 | 23.40% | 9.86% | 1.49x | 1.59x | $23.31 Million |
| 2021 | 22.65% | 9.64% | 1.35x | 1.74x | $24.52 Million |
| 2022 | 18.54% | 6.68% | 1.55x | 1.79x | $17.41 Million |
| 2023 | 27.85% | 9.48% | 1.66x | 1.77x | $42.69 Million |
| 2024 | 28.43% | 10.20% | 1.60x | 1.74x | $52.31 Million |
Industry Comparison
This section compares Kardex Holding AG's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $49,834,203,139
- Average return on equity (ROE) among peers: -24.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kardex Holding AG (KRDXF) | $263.40 Million | 1.99% | 0.88x | $1.38 Billion |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |