Komax Holding AG (KOMN) AI Stock Analysis

• Market Cap: CHF529.15M
• Dividend Yield: 2.84%
• Average Volume (3M): 8.74K
• Price to Earnings (P/E): 99.2
• Beta (1Y): 1.19
• Revenue Growth: -16.31%
• EPS Growth: -107.34%
• Country: CH
• Employees: 3,025
• Sector: Industrials
• Sector Strength: 91
• Industry: Industrial - Machinery
• EPS (TTM): -1.12
• Shares Outstanding: 5,133,333
• 10 Day Avg. Volume: 9,776
• 30 Day Avg. Volume: 8,742
• 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: 10.15% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 57 Neutral
• Price Target: CHF107.00 ▲(2.49%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 is a leading global provider of solutions for the wire processing industry. Based in Switzerland, the company specializes in the development, manufacture, and sale of machinery and systems for cable processing. Its product offerings include automated wire processing systems, laser stripping machines, and testing devices that cater to various industries such as automotive, telecom, and aerospace. Komax is recognized for its technological innovation and commitment to improving production efficiency and quality for its customers.

How the Company Makes Money

Komax Holding AG generates revenue primarily through the sale of its wire processing machinery and systems. The company serves a wide range of industries, with a significant focus on the automotive sector, which demands high-volume and high-precision wire processing solutions. Komax also earns money from providing after-sales services, including maintenance and spare parts, which ensure the longevity and optimal performance of its machinery. Moreover, the company invests in R&D to continuously innovate and offer advanced technological solutions, strengthening its market position. Partnerships with key players in various sectors further enhance its revenue streams by expanding its market reach and customer base.

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
EBITDA	36.57M	93.17M	85.05M	57.90M	22.05M
Net Income	-3.22M	43.84M	51.77M	30.38M	-1.32M
Balance Sheet
Total Assets	689.41M	708.92M	788.88M	517.14M	454.41M
Cash, Cash Equivalents and Short-Term Investments	80.10M	76.26M	82.75M	50.68M	51.85M
Total Debt	177.69M	169.19M	188.26M	149.07M	144.28M
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: Neutral
• Last Price: 104.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CH:KOMN, the sentiment is Neutral. The current price of 104.4 is above the 20-day moving average (MA) of 98.70, below the 50-day MA of 104.70, and below the 200-day MA of 112.21, indicating a neutral trend. The MACD of -1.09 indicates Negative momentum. The RSI at 54.27 is Neutral, neither overbought nor oversold. The STOCH value of 78.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CH:KOMN.

Komax Holding AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MIKN	73 Outperform	CHF271.82M	9.91	12.97%	3.01%	1.03%	-3.17%
OERL	68 Neutral	CHF1.25B	18.87		5.22%	-11.92%	100.79%
Sector *	67 Neutral	CHF6.74B	26.31	14.57%	2.73%	-2.26%	-28.96%
KOMN	57 Neutral	CHF529.15M	99.21		2.84%	-16.31%	-107.34%
FTON	55 Neutral	CHF179.76M	―	-9.50%	2.79%	-15.11%	-421.52%
RIEN	52 Neutral	CHF310.41M	29.82		2.88%	-39.44%	-85.89%

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.