| Valuation method | Value, CHF | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 1751.08 | -6 |
| Intrinsic value (DCF) | 1015.84 | -45 |
| Graham-Dodd Method | 447.91 | -76 |
| Graham Formula | 238.47 | -87 |
Interroll Holding AG (INRN.SW) is a global leader in internal logistics solutions, providing high-performance products such as rollers, drives, conveyors, sorters, and pallet handling systems. Founded in 1959 and headquartered in Sant'Antonino, Switzerland, the company serves a diverse range of industries, including courier, express, and parcel (CEP), e-commerce, automotive, fashion, food and beverage, and warehousing. Interroll’s innovative solutions enhance efficiency in material handling, automation, and warehouse optimization, making it a key player in the industrial machinery sector. With a strong focus on sustainability and smart logistics, Interroll caters to OEMs, system integrators, and end-users worldwide. The company’s Swiss precision engineering and global distribution network reinforce its reputation for reliability and cutting-edge technology in the fast-growing logistics automation market.
Interroll Holding AG presents a compelling investment case due to its strong market position in the industrial logistics sector, consistent revenue growth, and robust cash flow generation. The company benefits from increasing demand for automation in warehousing and e-commerce logistics. However, its high beta (1.094) suggests sensitivity to broader market volatility, and its dividend yield, while stable, may not appeal to high-growth investors. The company’s low debt levels (CHF 9.3M) and solid cash reserves (CHF 204M) provide financial stability, but competition from larger industrial automation players could pressure margins. Investors should weigh its niche expertise against exposure to cyclical industrial demand.
Interroll Holding AG holds a competitive advantage through its specialized focus on internal logistics components, differentiating itself from broader industrial automation firms. Its product portfolio, including energy-efficient rollers and modular conveyor systems, is highly regarded for reliability and innovation. The company’s Swiss engineering heritage ensures premium quality, though this may come at a cost disadvantage compared to Asian competitors. Interroll’s direct sales and strong relationships with OEMs and integrators enhance its market penetration. However, it faces competition from larger players like Daifuku and Honeywell, which offer end-to-end automation solutions. Interroll’s agility and niche expertise allow it to innovate quickly, but its smaller scale limits its ability to compete on large-scale turnkey projects. The growing trend toward warehouse automation and smart logistics presents both opportunities and threats, as rivals invest heavily in robotics and AI-driven solutions.