Komax Holding AG (KOMN) AI Stock Analysis

• Market Cap: CHF505.56M
• Dividend Yield: 2.84%
• Average Volume (3M): 7.87K
• Price to Earnings (P/E): 99.2
• Beta (1Y): 1.20
• Revenue Growth: -16.31%
• EPS Growth: -107.34%
• Country: CH
• Employees: 3,025
• Sector: Industrials
• Sector Strength: 84
• Industry: Industrial - Machinery
• EPS (TTM): -1.12
• Shares Outstanding: 5,133,333
• 10 Day Avg. Volume: 7,939
• 30 Day Avg. Volume: 7,873
• PEG Ratio: 0.40
• Price to Book (P/B): 2.64
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 42.44
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: CHF115.00
• Price Target Upside: 16.99% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 57 Neutral
• Price Target: CHF107.00 ▲(8.85%Upside)

Komax Holding AG has a moderate overall stock score of 57. The company's strong cash flow and stable balance sheet are significant positives. However, declining profitability and challenging valuations weigh heavily on the score. Technical indicators suggest caution with potential oversold conditions, contributing to a cautious outlook.

Komax Holding AG Business Overview & Revenue Model

Company Description

Komax Holding AG, together with its subsidiaries, engages in the automated wire processing business. The company offers electrical, rotary, and coaxial wire strippers, as well as rotary jacket strippers; wire crimpers for the semiautomatic machine; cutting and stripping machines; crimp to crimp wire processing machines for processing single conductors and double-crimp connections; wire twisting machines; and harness manufacturing machines for automatic block loading and wire harness manufacturing. It also provides wire-handling machines for preliminary wire processing; marking systems; process modules for economical production; quality tools; software solutions for automatic crimping machines; and a range of accessories. In addition, the company offers flexible benchtop crimping platform for individual processing; flexible platform for specific customers; automated rotary table for time saving in double-sided processing; and customer-specific platforms. Further, it provides digital services; consulting and installation services comprising inspection, production analysis, feasibility testing, installation, leasing, and acceptance testing services; and technical support and maintenance services, including helpdesk, production and ramp-up support, emergency planning, relocation, repair, and service and maintenance contracting services, as well as spare and wear parts. Additionally, the company offers upgrades and calibration services, as well as online and onsite training services. It offers its products under the Artos, Exmore, Kabatec, Laselec, Thonauer, and TSK brand names. The company serves automotive, aerospace, datacom/telecom, and industrial market segments. It operates in Switzerland, Europe, North and South America, Africa, and the Asia Pacific. The company was founded in 1975 and is headquartered in Dierikon, Switzerland.

How the Company Makes Money

Komax Holding AG generates revenue primarily through the sale of its automated wire processing machines and systems. The company offers a wide range of products tailored to meet the specific needs of different industries, which allows it to tap into multiple markets. Key revenue streams include direct sales of machinery, as well as after-sales services such as maintenance, repair, and spare parts supply. Komax also benefits from long-term relationships with major industrial clients and strategic partnerships that enhance its market reach and technological capabilities. The company's earnings are significantly influenced by its ability to innovate and deliver high-quality, reliable solutions that meet the evolving demands of its customers.

Komax Holding AG Financial Statement Overview

Summary

Komax Holding AG faces profitability challenges with declining revenue and margins. However, it maintains a solid balance sheet with a stable equity ratio. The cash flow position is robust, showing resilience in cash generation despite income pressures.

Income Statement

Komax Holding AG's revenue showed a decline from 2023 to 2024, reflecting a -15.8% growth rate. The gross profit margin decreased to 63.1% in 2024, while the net profit margin significantly dropped due to a net loss. The EBIT and EBITDA margins also contracted, indicating decreased operational efficiency.

Balance Sheet

The company's debt-to-equity ratio slightly increased to 0.50, indicating moderate leverage. The return on equity turned negative due to the net loss. However, the equity ratio remains strong at 51.6%, suggesting a stable financial position despite recent profitability challenges.

Cash Flow

Operating cash flow remained stable, and free cash flow improved significantly by 15.4% from the previous year. The operating cash flow to net income ratio was strong, indicating efficient cash generation despite the net loss.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
627.51M	745.13M	599.17M	415.92M	321.74M
	Gross Profit
396.04M	426.60M	191.53M	125.89M	75.93M
	EBIT
16.04M	72.81M	67.66M	42.48M	8.50M
	EBITDA
36.57M	93.17M	85.05M	57.90M	22.05M
	Net Income Common Stockholders
-3.22M	43.84M	51.77M	30.38M	-1.32M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
80.10M	76.26M	82.75M	50.68M	51.85M
	Total Assets
689.41M	708.92M	788.88M	517.14M	454.41M
	Total Debt
177.69M	169.19M	188.26M	149.07M	144.28M
	Net Debt
97.61M	92.95M	105.52M	98.40M	92.44M
	Total Liabilities
332.80M	318.32M	372.29M	252.24M	217.93M
	Stockholders Equity
355.53M	390.60M	416.59M	264.90M	236.49M
Cash Flow		Free Cash Flow
38.71M	33.53M	25.93M	-5.06M	15.96M
	Operating Cash Flow
59.67M	62.07M	39.01M	33.01M	41.77M
	Investing Cash Flow
-43.55M	-10.38M	-21.39M	-38.50M	-26.33M
	Financing Cash Flow
-12.95M	-53.76M	17.19M	3.87M	-9.22M

Komax Holding AG Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 98.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:KOMN, the sentiment is Negative. The current price of 98.3 is below the 20-day moving average (MA) of 108.29, below the 50-day MA of 103.77, and below the 200-day MA of 113.80, indicating a bearish trend. The MACD of -1.78 indicates Positive momentum. The RSI at 34.16 is Neutral, neither overbought nor oversold. The STOCH value of 10.04 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CH:KOMN.

Komax Holding AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OERL	68 Neutral	CHF1.15B	17.46		5.65%	-11.92%	100.79%
Sector *	66 Neutral	$4.44B	12.06	5.34%	6.22%	4.17%	-11.81%
KOMN	57 Neutral	CHF505.56M	99.21		2.84%	-16.31%	-107.34%
RIEN	52 Neutral	CHF315.32M	30.29		2.32%	-39.44%	-85.89%
KLIN		CHF112.71M	8.26		3.92%	―	―
FEIOF		$220.70M	22.35	-9.50%	2.89%	―	―
0QQF		CHF270.19M	10.22	12.97%	2.39%	―	―

Komax Holding AG Corporate Events

Komax Holding AG Elects New Chairman and Approves Strategic Initiatives

At the general meeting of Komax Holding AG, shareholders elected Andreas Häberli as the new Chairman of the Board of Directors and approved all proposals, including the election of Daniel Lippuner as a new board member. The meeting highlighted a cost reduction program aimed at improving profitability by reducing the cost base by at least CHF 10 million from 2026. The company is well-positioned in the market, facing few local competitors, with strategic locations in the USA to handle customs challenges.