Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Komax Holding AG is a Switzerland-based holding company and global market leader in automated wire processing solutions. Founded in 1975, it develops, manufactures, and distributes advanced machines and systems for wire stripping, crimping, twisting, handling, testing, and quality assurance, complemented by intelligent software and networking solutions. These offerings support varying levels of automation and customization, ensuring safe, flexible, and efficient production environments. Komax Holding AG serves key sectors including automotive, industrial electronics, telecommunications, aerospace, railway, and infrastructure, addressing demands for product complexity, quality, and traceability. Employing over 3,400 people across approximately 60 companies, it operates a 'global-local' model with production facilities in major regions and a service network in more than 60 countries. The firm pursues a multi-brand strategy with brands like Komax, Schleuniger, adaptronic, Cirris, DiIT, WUSTEC, Hosver, and Lintech, emphasizing innovation, quality, and reliability through adherence to ISO 9001, 14001, and 45001 standards. Headquartered in Dierikon, Switzerland, Komax Holding AG plays a pivotal role in advancing industrial automation worldwide.
Operating margin is thin at 1.31%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 7.8% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 132% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -CHF 12M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
CHF 578M
▼ -7.8% YoY
Net Income (TTM)
-CHF 8M
▼ -175.5% YoY
Op. Margin
1.31%
▼ -1.3pp YoY
ROIC
1.15%
▼ -0.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-CHF 12M
▼ -131.7% YoY
Op. Cash Flow (TTM)
-CHF 927K
▼ -101.8% YoY
Net Debt
CHF 112M
Cash & Equiv.
CHF 60M
3Y CAGR: -1.3%
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