Kardex Holding AG (XSWX:KARN) Moat Score: 5/10 (As of Jul. 02, 2026)


XSWX:KARN Kardex Holding AG XSWX:KARN
98 GF Score
Price CHF233.00
GF Value CHF305.69
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Kardex Holding AG Moat Score?

Kardex Holding AG XSWX:KARN +0.43% 98 Moat Score is 5 as of Jul. 02, 2026. GuruFocus rates XSWX:KARN with a GF Score™ of 98/100 and a GF Value™ of CHF305.69 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 3,041 Industrial Products companies, Kardex Holding AG ranks better than 96.94% on this metric.

Kardex Holding AG has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

Kardex Holding AG has Narrow Moat: Kardex Holding AG has a solid narrow moat due to its specialized logistics solutions and customer switching costs. However, the competitive landscape and need for continuous innovation prevent it from achieving a wide moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Kardex Holding AG might have Narrow Moat - Solid narrow moat.

Kardex Holding AG  (XSWX:KARN) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Kardex Holding AG Moat Score Related Terms

XSWX:KARN vs GEV, ETN, PH: Moat Score Comparison

For the Specialty Industrial Machinery subindustry, Kardex Holding AG's Moat Score, along with its competitors' market caps and Moat Score 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.

Kardex Holding AG Moat Score vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kardex Holding AG's Moat Score distribution charts can be found below:

* The bar in red indicates where Kardex Holding AG's Moat Score falls into.


XSWX:KARN
98GF Score
Kardex Holding AG XSWX:KARN
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
Kardex Holding AG (XSWX:KARN) has a Moat Score of 5 as of Jul. 02, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Kardex Holding AG ranks #93 out of 3041 companies in the Industrial Products industry, placing it in the top 3.1%.
Is Kardex Holding AG's Moat Score too high?
Kardex Holding AG's current Moat Score is 5. Based on the distribution chart, Kardex Holding AG ranks #93 out of 3041 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kardex Holding AG has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kardex Holding AG's Moat Score compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kardex Holding AG ranks #93 out of 3041 companies for Moat Score. This places Kardex Holding AG in the top 3% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Industrial Products company?
A good Moat Score depends on the Industrial Products industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Kardex Holding AG's current Moat Score is 5. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kardex Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Kardex Holding AG (XSWX:KARN) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF305.69, compared to a current price of CHF233.00 — trading 23.8% below its estimated fair value. The current Moat Score is 5. Kardex Holding AG's overall GF Score™ is 98/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Kardex Holding AG (XSWX:KARN), the current Moat Score is 5 as of Jul. 02, 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 Kardex Holding AG (XSWX:KARN) Overvalued in 2026?

Based on GuruFocus' analysis, Kardex Holding AG stock appears to be undervalued. The current stock price of CHF233.00 is trading 23.8% below its estimated GF Value™ of CHF305.69. GuruFocus considers Kardex Holding AG to be Modestly Undervalued.

Key valuation signals for XSWX:KARN:

  • Moat Score: 5
  • GF Value™: CHF305.69 vs. price of CHF233.00 (23.8% below fair value)
  • GF Score™: 98/100 with 3 warning signs

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

Kardex Holding AG Business Description

Address Thurgauerstrasse 40, Zurich, CHE, 8050
Kardex Holding AG is a partner for intralogistics solutions. The Group offers premium automated products, standardized systems, and life cycle services and provides dynamic storage and retrieval systems, integrated material handling systems, small parts storage systems including multi-shuttle technology, automated high-bay warehouses, and flexible and modular storage and order fulfillment solutions as an AutoStore partner. It is organized into two reporting segments: Automated Products, which generates maximum revenue, and Standardized Systems. Automated Products consists of the Business Unit Kardex Remstar, while Standardized Systems includes the Business Units Kardex Mlog, Kardex AS Solutions, and Rocket Solution. The company operates in Europe, the Americas, and Asia-Pacific.
98GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF233.00
Price
CHF305.69
GF Value