Kardex Holding AGXSWX:KARN -0.22%99 Net Margin % is 1.24% as of Dec. 2025, which is 87% below its 10-year median of 9.24. GuruFocus rates XSWX:KARN with a GF Score™ of 99/100 and a GF Value™ of CHF304.92 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 3,039 Industrial Products companies, Kardex Holding AG ranks better than 52.06% on this metric.
The historical rank and industry rank for Kardex Holding AG's Net Margin % or its related term are showing as below:
XSWX:KARN'
s Net Margin % Range Over the Past 10 Years
Min: 4.89 Med: 9.24 Max: 10.2
Current: 4.9
XSWX:KARN's Net Margin % is ranked better than 52.06% of 3039
companies
in the Industrial Products industry
Industry Median: 4.54
vs XSWX:KARN: 4.90
Kardex Holding AG (XSWX:KARN) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Kardex Holding AG Net Margin % Related Terms
Kardex Holding AG Net Margin % Historical Data
* Premium members only.
The historical data trend for Kardex Holding AG's Net Margin % 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.
XSWX:KARN vs GEV, ETN, PH: Net Margin % Comparison
For the Specialty Industrial Machinery subindustry, Kardex Holding AG's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kardex Holding AG's Net Margin % distribution charts can be found below:
* The bar in red indicates where Kardex Holding AG's Net Margin % falls into.
* 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.
Kardex Holding AG (XSWX:KARN) has a Net Margin % of 1.24% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Kardex Holding AG and its competitors. This is 87% below median its historical median of 9.24. Over the past decade, Kardex Holding AG's Net Margin % has ranged from 4.89 to 10.20. According to the industry distribution chart, Kardex Holding AG ranks #1457 out of 3039 companies in the Industrial Products industry, placing it in the top 47.9%.
Is Kardex Holding AG's Net Margin % too high?
Kardex Holding AG's current Net Margin % of 1.24% is 87% below median its 10-year median of 9.24. Over the past 10 years, this metric has ranged from a low of 4.89 to a high of 10.20. The Industrial Products industry median Net Margin % is 4.54. Kardex Holding AG's value of 1.24% is 72.7% below this industry median. Based on the distribution chart, Kardex Holding AG ranks #1457 out of 3039 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Kardex Holding AG has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kardex Holding AG's Net Margin % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Kardex Holding AG ranks #1457 out of 3039 companies for Net Margin %. This puts Kardex Holding AG in the upper half of its industry. The industry median Net Margin % is 4.54. Kardex Holding AG's value of 1.24% is 72.7% below this benchmark. Historically, Kardex Holding AG's own Net Margin % has ranged from 4.89 to 10.20 over the past decade. While the company's 10-year median is 9.24 vs. the industry median of 4.54, Kardex Holding AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Industrial Products company?
The median Net Margin % among Industrial Products companies is 4.54, based on 3,039 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kardex Holding AG's current Net Margin % of 1.24% is 72.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Kardex Holding AG and its competitors. For the Industrial Products industry, the median Net Margin % is 4.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kardex Holding AG's current Net Margin % is 1.24%, which is 87% below median its own 10-year median of 9.24. 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 CHF304.92, compared to a current price of CHF229.50 — trading 24.7% below its estimated fair value. The current Net Margin % is 1.24%, which is 87% below median its 10-year median of 9.24 and 72.7% below the Industrial Products industry median of 4.54. Kardex Holding AG's overall GF Score™ is 99/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Kardex Holding AG (XSWX:KARN), the current Net Margin % is 1.24% as of Dec. 2025. 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 CHF229.50 is trading 24.7% below its estimated GF Value™ of CHF304.92.
GuruFocus considers Kardex Holding AG to be Modestly Undervalued.
Key valuation signals for XSWX:KARN:
Net Margin %: 1.24% (87% below median its 10-year median of 9.24)
GF Value™: CHF304.92 vs. price of CHF229.50 (24.7% below fair value)
Industry Position: 72.7% below the Industrial Products median (#1457 of 3039)
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 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.
99GF Score
Get the complete analysis for XSWX:KARN
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:KARN has been successfully added to your 
