(DOKA) Dorma Kaba Holding - SW
Sector: Industrials | Industry: Building Products & Equipment | Exchange: SW (Switzerland) | Market Cap: 2.163m CHF | Total Return: -24% in 12m
Avg Turnover: 3.65M
Rev. Trend: 8.9%
Warnings
Share dilution 899.6% YoY
Fakeout
Tailwinds
No distinct edge detected
Dorma Kaba Holding AG is a Switzerland-based provider of comprehensive access and security solutions. The company manufactures a broad range of hardware including door closers, locks, automatic entrance systems, and electronic access control technologies. Its portfolio extends to specialized lodging systems for the hospitality sector and high-security safe locks for commercial use.
The business model relies on a combination of mechanical engineering and digital integration, serving diverse end-markets such as healthcare, airports, and residential housing. As the security industry shifts toward smart building integration, Dorma Kaba increasingly focuses on Access-as-a-Service models and touch-free biometric entry systems. This sector is characterized by high switching costs and recurring revenue streams from maintenance and software updates.
For a more detailed breakdown of the companys financial health and valuation metrics, consider reviewing the latest data on ValueRay. Founded in 1862, the company maintains a global presence with its headquarters in Rümlang, Switzerland.
- Commercial construction activity in Europe and North America drives volume
- Shape4Growth transformation program targets sustained EBITDA margin expansion
- Shift toward electronic access and cloud-based software improves recurring revenue
- Raw material costs and supply chain efficiency impact manufacturing profitability
| Net Income: 88.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA -1.21 > 1.0 |
| NWC/Revenue: 16.98% < 20% (prev 7.14%; Δ 9.84% < -1%) |
| CFO/TA 0.16 > 3% & CFO 300.7m > Net Income 88.0m |
| Net Debt (461.9m) to EBITDA (440.6m): 1.05 < 3 |
| Current Ratio: 1.72 > 1.5 & < 3 |
| Outstanding Shares: last quarter (42.2m) vs 12m ago 899.6% < -2% |
| Gross Margin: 40.82% > 18% (prev 40.44%; Δ 0.38% > 0.5%) |
| Asset Turnover: 149.7% > 50% (prev 150.2%; Δ -0.51% > 0%) |
| Interest Coverage Ratio: 9.67 > 6 (EBIT TTM 335.5m / Interest Expense TTM 34.7m) |
| A: 0.26 (Total Current Assets 1.14b - Total Current Liabilities 663.0m) / Total Assets 1.84b |
| B: -0.23 (Retained Earnings -414.3m / Total Assets 1.84b) |
| C: 0.18 (EBIT TTM 335.5m / Avg Total Assets 1.88b) |
| D: 0.20 (Book Value of Equity 284.8m / Total Liabilities 1.43b) |
| Altman-Z'' = 2.38 = BBB |
| DSRI: 1.03 (Receivables 436.4m/433.8m, Revenue 2.81b/2.88b) |
| GMI: 0.99 (GM 40.44% / 40.82%) |
| AQI: 0.96 (AQ_t 0.16 / AQ_t-1 0.17) |
| SGI: 0.98 (Revenue 2.81b / 2.88b) |
| TATA: -0.12 (NI 88.0m - CFO 300.7m) / TA 1.84b) |
| Beneish M = -3.06 (Cap -4..+1) = AA |
As of June 19, 2026, the stock is trading at CHF 54.20 with a total of 62,063 shares traded.
Over the past week, the price has changed by +4.31%,
over one month by +0.76%,
over three months by +3.91% and
over the past year by -23.96%.
Dorma Kaba Holding has no consensus analysts rating.
P/E Trailing = 24.8804
P/E Forward = 11.4679
P/S = 0.7692
P/B = 7.5931
P/EG = 3.5606
Revenue TTM = 2.81b CHF
EBIT TTM = 335.5m CHF
EBITDA TTM = 440.6m CHF
Long Term Debt = 481.2m CHF (from longTermDebt, last quarter)
Short Term Debt = 95.4m CHF (from shortTermDebt, last quarter)
Debt = 580.4m CHF (from shortLongTermDebtTotal, last quarter) + Leases 3.80m
Net Debt = 461.9m CHF (calculated: Debt 580.4m - CCE 118.5m)
Enterprise Value = 2.62b CHF (2.16b + Debt 580.4m - CCE 118.5m)
Interest Coverage Ratio = 9.67 (Ebit TTM 335.5m / Interest Expense TTM 34.7m)
EV/FCF = 16.67x (Enterprise Value 2.62b / FCF TTM 157.4m)
FCF Yield = 6.00% (FCF TTM 157.4m / Enterprise Value 2.62b)
FCF Margin = 5.60% (FCF TTM 157.4m / Revenue TTM 2.81b)
Net Margin = 3.13% (Net Income TTM 88.0m / Revenue TTM 2.81b)
Gross Margin = 40.82% ((Revenue TTM 2.81b - Cost of Revenue TTM 1.66b) / Revenue TTM)
Gross Margin QoQ = 40.85% (prev 40.79%)
Tobins Q-Ratio = 1.43 (Enterprise Value 2.62b / Total Assets 1.84b)
Interest Expense / Debt = 5.98% (Interest Expense 34.7m / Debt 580.4m)
Taxrate = 27.63% (64.4m / 233.1m)
NOPAT = 242.8m (EBIT 335.5m * (1 - 27.63%))
Current Ratio = 1.72 (Total Current Assets 1.14b / Total Current Liabilities 663.0m)
Debt / Equity = 2.04 (Debt 580.4m / totalStockholderEquity, last quarter 284.8m)
Debt / EBITDA = 1.05 (Net Debt 461.9m / EBITDA 440.6m)
Debt / FCF = 2.93 (Net Debt 461.9m / FCF TTM 157.4m)
Total Stockholder Equity = 272.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.68% (Net Income 88.0m / Total Assets 1.84b)
RoE = 32.33% (Net Income TTM 88.0m / Total Stockholder Equity 272.2m)
RoCE = 44.53% (EBIT 335.5m / Capital Employed (Equity 272.2m + L.T.Debt 481.2m))
RoIC = 21.08% (NOPAT 242.8m / Invested Capital 1.15b)
WACC = 7.60% (E(2.16b)/V(2.74b) * Re(8.48%) + D(580.4m)/V(2.74b) * Rd(5.98%) * (1-Tc(0.28)))
Discount Rate = 8.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 60.0 | Cagr: 178.9%
[DCF] Terminal Value 73.10% ; FCFF base≈169.5m ; Y1≈148.6m ; Y5≈120.1m
[DCF] Fair Price = 35.24 (EV 1.93b - Net Debt 461.9m = Equity 1.47b / Shares 41.6m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 8.94 | Revenue CAGR: 0.10% | SUE: N/A | # QB: 0
EPS current Year (2026-06-30): EPS=3.40 | Chg30d=+0.72% | Revisions=-14% | GrowthEPS=-3.7% | GrowthRev=-1.6%
EPS next Year (2027-06-30): EPS=3.63 | Chg30d=-0.10% | Revisions=-43% | GrowthEPS=+6.6% | GrowthRev=+3.6%
[Analyst] Revisions Ratio: -43%