Want to see CH:DOKA full AI Analyst Report?
Top Page
dormakaba Holding AG
(DOKA)
Select Model
Select Model
Rating:52Neutral
Price Target:
CHF60.00
Action:N/A
Date:10/22/25
dormakaba shows mixed fundamentals with impressive margin recovery offset by concerning leverage at 2.89x and declining free cash flow. Technical indicators point to bearish momentum with the stock in oversold territory below all major moving averages. The elevated P/E of 29.6x appears unjustified given flat revenue growth and financial risks. While operational improvements are encouraging, high debt levels and weakening cash generation limit upside potential.
Positive Factors
Recurring service and installed-base revenue
dormakaba's business includes maintenance contracts, repairs, retrofits and lifecycle services that generate recurring revenue from an installed base. This creates predictable after‑sales cash flow and cross-sell opportunities, supporting revenue stability and margin visibility over months.
Negative Factors
High financial leverage
Significant leverage and a low equity ratio limit financial flexibility, increasing refinancing and interest‑rate vulnerability. High debt levels constrain capital allocation for capex, M&A or technology investments and raise refinancing risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring service and installed-base revenue
dormakaba's business includes maintenance contracts, repairs, retrofits and lifecycle services that generate recurring revenue from an installed base. This creates predictable after‑sales cash flow and cross-sell opportunities, supporting revenue stability and margin visibility over months.
Read all positive factors
dormakaba Holding AG (DOKA) vs. iShares MSCI Switzerland ETF (EWL)
Market Cap
CHF2.53B
Dividend YieldN/A
Average Volume (3M)5.61K
Price to Earnings (P/E)28.9
Beta (1Y)0.61
Revenue Growth-2.44%
EPS Growth31.09%
CountryCH
Employees15,363
SectorIndustrials
Sector Strength72
IndustrySecurity & Protection Services
Share Statistics
EPS (TTM)2.11
Shares Outstanding42,000,260
10 Day Avg. Volume6,716
30 Day Avg. Volume5,611
Financial Highlights & Ratios
PEG Ratio0.23
Price to Book (P/B)10.95
Price to Sales (P/S)1.06
P/FCF Ratio19.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
CHF78.50Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)3.37
Revenue Forecast (FY)CHF2.92B
dormakaba Holding AG Business Overview & Revenue Model
Company Description
dormakaba Holding AG, a Swiss company founded in Rumlang in 1862, offers a comprehensive range of access and security solutions globally. The firm organizes its worldwide operations through several divisions: Access Solutions for the Americas (AME...
How the Company Makes Money
dormakaba makes money primarily by selling access-related products and by providing associated installation, maintenance, and lifecycle services. Key revenue streams include: (1) Product sales of mechanical door hardware and related components (e....
dormakaba Holding AG Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
48
Neutral
Cash Flow
65
Positive
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.81B | 2.87B | 2.84B | 2.85B | 2.76B | 2.50B |
| Gross Profit | 1.15B | 1.18B | 1.14B | 1.08B | 929.20M | 1.04B |
| EBITDA | 440.60M | 390.80M | 299.50M | 320.50M | 334.60M | 351.60M |
| Net Income | 88.00M | 97.90M | 42.20M | 45.70M | 19.30M | 100.80M |
Balance Sheet | ||||||
| Total Assets | 1.84B | 2.17B | 1.97B | 1.95B | 2.07B | 1.87B |
| Cash, Cash Equivalents and Short-Term Investments | 118.50M | 445.10M | 150.40M | 122.10M | 104.50M | 169.10M |
| Total Debt | 576.60M | 800.40M | 605.10M | 719.00M | 807.90M | 677.90M |
| Total Liabilities | 1.43B | 1.77B | 1.62B | 1.61B | 1.71B | 1.60B |
| Stockholders Equity | 284.80M | 277.00M | 255.70M | 250.70M | 260.30M | 207.50M |
Cash Flow | ||||||
| Free Cash Flow | 142.00M | 157.40M | 187.60M | 189.90M | 48.80M | 237.40M |
| Operating Cash Flow | 220.40M | 264.50M | 286.20M | 288.40M | 127.30M | 313.50M |
| Investing Cash Flow | -135.10M | -91.20M | -81.60M | -111.80M | -158.90M | -95.50M |
| Financing Cash Flow | -85.00M | 133.30M | -177.90M | -177.80M | -400.00K | -231.90M |
dormakaba Holding AG Technical Analysis
―
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:DOKA, the sentiment is undefined. The current price of undefined is equal to the 20-day moving average (MA) of ―, equal to the 50-day MA of ―, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a undefined sentiment for CH:DOKA.
dormakaba Holding AG Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
* Industrials Sector Average
Performance Comparison
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.