dorma+kaba Holding AG (CHIX:DOKAZ) Intrinsic Value: Projected FCF: CHF45.52 (As of Sep. 14, 2026)

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Director of Data and Quant Analytics at GuruFocus
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CHIX:DOKAZ dorma+kaba Holding AG CHIX:DOKAZ
73 GF Score
Price CHF62.20
GF Value CHF57.94
Valuation Fairly Valued
! 2 Warning Signs
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What is dorma+kaba Holding AG Intrinsic Value: Projected FCF?

dorma+kaba Holding AG CHIX:DOKAZ -1.66% 73 Intrinsic Value: Projected FCF is CHF45.52 as of Sep. 14, 2026. GuruFocus rates CHIX:DOKAZ with a GF Score™ of 73/100 and a GF Value™ of CHF57.94 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,226 Construction companies, dorma+kaba Holding AG ranks worse than 64.6% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-09-14), dorma+kaba Holding AG's Intrinsic Value: Projected FCF is CHF45.52. The stock price of dorma+kaba Holding AG is CHF62.20. Therefore, dorma+kaba Holding AG's Price-to-Intrinsic-Value-Projected-FCF of today is 1.4.

The historical rank and industry rank for dorma+kaba Holding AG's Intrinsic Value: Projected FCF or its related term are showing as below:

CHIX:DOKAz' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.9   Med: 1.09   Max: 1.98
Current: 1.37

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of dorma+kaba Holding AG was 1.98. The lowest was 0.90. And the median was 1.09.

CHIX:DOKAz's Price-to-Projected-FCF is ranked worse than
64.6% of 1226 companies
in the Construction industry
Industry Median: 0.95 vs CHIX:DOKAz: 1.37

dorma+kaba Holding AG  (CHIX:DOKAz) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

dorma+kaba Holding AG's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=62.20/45.666675098265
=1.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


dorma+kaba Holding AG Intrinsic Value: Projected FCF Related Terms


dorma+kaba Holding AG Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for dorma+kaba Holding AG's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

dorma+kaba Holding AG Intrinsic Value: Projected FCF Chart

dorma+kaba Holding AG Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.28 44.21 44.36 44.45 45.76

dorma+kaba Holding AG Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.36 0.00 44.45 0.00 45.76

CHIX:DOKAZ vs TT, JCI, CARR: Intrinsic Value: Projected FCF Comparison

For the Building Products & Equipment subindustry, dorma+kaba Holding AG's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


dorma+kaba Holding AG Price-to-Projected-FCF vs Construction Industry

For the Construction industry and Industrials sector, dorma+kaba Holding AG's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where dorma+kaba Holding AG's Price-to-Projected-FCF falls into.


CHIX:DOKAZ
73GF Score
dorma+kaba Holding AG CHIX:DOKAZ
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

dorma+kaba Holding AG Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get dorma+kaba Holding AG's Free Cash Flow(6 year avg) = CHF173.56.

dorma+kaba Holding AG's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*173.55714285714+340.2*0.8)/42.142
=45.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: Projected FCF of CHF45.52 mean?
dorma+kaba Holding AG (CHIX:DOKAZ) has a Intrinsic Value: Projected FCF of CHF45.52 as of Sep. 14, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on dorma+kaba Holding AG and its competitors. According to the industry distribution chart, dorma+kaba Holding AG ranks #792 out of 1226 companies in the Construction industry, placing it in the top 64.6%.
Is dorma+kaba Holding AG's Intrinsic Value: Projected FCF too high?
dorma+kaba Holding AG's current Intrinsic Value: Projected FCF is CHF45.52. Based on the distribution chart, dorma+kaba Holding AG ranks #792 out of 1226 companies in the Construction industry, which is below the industry midpoint. Overall, dorma+kaba Holding AG has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does dorma+kaba Holding AG's Intrinsic Value: Projected FCF compare to TT and JCI?
According to the Construction industry distribution chart, dorma+kaba Holding AG ranks #792 out of 1226 companies for Intrinsic Value: Projected FCF. This places dorma+kaba Holding AG in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.95. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Construction company?
The median Intrinsic Value: Projected FCF among Construction companies is 0.95, based on 1,226 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on dorma+kaba Holding AG and its competitors. For the Construction industry, the median Intrinsic Value: Projected FCF is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. dorma+kaba Holding AG's current Intrinsic Value: Projected FCF is CHF45.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is dorma+kaba Holding AG stock overvalued right now?
Based on GuruFocus' analysis, dorma+kaba Holding AG (CHIX:DOKAZ) is currently considered Fairly Valued. The stock's GF Value™ is CHF57.94, compared to a current price of CHF62.20 — trading 7.4% above its estimated fair value. The current Intrinsic Value: Projected FCF is CHF45.52. dorma+kaba Holding AG's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For dorma+kaba Holding AG (CHIX:DOKAZ), the current Intrinsic Value: Projected FCF is CHF45.52 as of Sep. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is dorma+kaba Holding AG (CHIX:DOKAZ) Overvalued in 2026?

Based on GuruFocus' analysis, dorma+kaba Holding AG stock appears to be overvalued. The current stock price of CHF62.20 is trading 7.4% above its estimated GF Value™ of CHF57.94. GuruFocus considers dorma+kaba Holding AG to be Fairly Valued.

Key valuation signals for CHIX:DOKAZ:

  • Intrinsic Value: Projected FCF: CHF45.52
  • GF Value™: CHF57.94 vs. price of CHF62.20 (7.4% above fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the CHIX:DOKAZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


dorma+kaba Holding AG Business Description

Address Hofwisenstrasse 24, Rumlang, CHE, 8153
dorma+kaba Holding AG is a security group that provides smart and secure access solutions and systems in the security industry. The group offers products such as Door Hardware, Entrance Systems, Electronic Access & Data, Mechanical Key Systems, Lodging Systems, Safe Locks, Movable Walls, Key Systems, and dormakaba digital. Its Services are Maintenance, Emergency Callout & Repair, Genuine Spare Parts, Modernization & Upgrades, Installation, Training & Webinars, Consulting, and Digital Services. The company has two operating segments: Access Solutions and Key & Wall Solutions and OEM. It generates the majority of its revenue from the Access Solutions segment.
73GF Score

Get the complete analysis for CHIX:DOKAZ

Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF62.20
Price
CHF57.94
GF Value