**Revenue distribution by sectors:**
- Access solutions: approx. 70%
- Door systems: approx. 20%
- Other services and products: approx. 10%

**TOP 3 markets and their percentage shares of total revenue:**
- Europe: approx. 45%
- North America: approx. 30%
- Asia-Pacific: approx. 15%

Dormakaba Holding AG is a leading company in the field of security and access solutions. The majority of revenue is generated by access solutions, which include both mechanical and electronic systems. Door systems also contribute significantly to revenue and include automatic door systems and fittings.

Europe remains the largest market for dormakaba, followed by North America and the Asia-Pacific region. These markets are crucial for the company as they exhibit high demand for security solutions, driven by urbanization and technological advancements in building security.

**Production Sites:** Globally distributed, with a focus on Europe, Asia, and North America.

Dormakaba Holding AG is a globally active company that offers security and access solutions. The company's production facilities are strategically distributed worldwide to efficiently serve the demand in the respective markets.

In Europe, significant production sites are located in Germany and Switzerland. In Asia, China is an important production site, while in North America, the USA plays a central role. This geographical diversification enables dormakaba to effectively serve both local and international markets while optimizing logistical costs.

**Strategic Focus:**
- **Digital Transformation**
- **Sustainability and Energy Efficiency**
- **Global Expansion**

Dormakaba Holding AG pursues a strategy focused on digital transformation, sustainability, and global expansion.

The company heavily invests in digitizing its products and services to offer customers innovative and connected solutions. This includes the development of cloud-based access solutions and the integration of IoT technologies.

Another focus is on sustainability and energy efficiency. Dormakaba aims to make its production processes more environmentally friendly and develop products that reduce energy consumption.

Furthermore, Dormakaba aims to expand its market presence in emerging markets to benefit from growth opportunities there. This includes both organic growth and strategic acquisitions.

**Main raw materials:** Steel, aluminum, glass, plastic
**Countries of origin:** China, Germany, USA, India

Dormakaba Holding AG sources a variety of raw materials and materials necessary for the production of their security and access solutions. The main raw materials include steel and aluminum, which are mainly imported from China and Germany, as these countries are significant producers of these metals.

Glass is also needed in large quantities and often comes from European countries, including Germany, due to high quality standards. Plastics used in many dormakaba products are frequently imported from the USA and India, where there are specialized manufacturers.

This diversification in sourcing allows dormakaba to ensure supply security while benefiting from the best available materials worldwide.

**Market Share:** 10% (estimated 2025)
**EBIT Margin:** 12% (2024)
**R&D Expenses:** 5% of revenue (2024)

Dormakaba Holding AG has a significant competitive advantage in the security and access solutions industry. The company benefits from its strong brand and a wide product portfolio that includes both mechanical and electronic access systems.

The solid EBIT margin of 12% demonstrates an efficient cost structure and the ability to operate profitably. Additionally, Dormakaba continuously invests in research and development, accounting for approximately 5% of revenue. This underscores the company's commitment to developing innovative solutions and differentiating itself from competitors.

The estimated market share of 10% in the industry reflects a strong market presence, further strengthened by strategic acquisitions and partnerships. Together, these factors give Dormakaba a sustainable competitive advantage.

**Institutional Investor Share:** approximately 45% (2025, estimated based on historical data)

**Insider Purchases/Sales:** No significant transactions in the last year (2024)

The institutional investor share in dormakaba Holding AG is around 45%, indicating a solid trust from institutional investors in the company. These investors typically include pension funds, investment funds, and other large financial institutions.

In 2024, there were no significant insider purchases or sales, suggesting a stable assessment of the company's value by management and other insiders. This can be interpreted as a sign of some confidence in the company's future development.

**Market share of dormakaba Holding AG:** approx. 12% (2025, estimated)

**Top competitors and their market shares:**
1. **Assa Abloy AB:** approx. 25%
2. **Allegion plc:** approx. 15%
3. **dormakaba Holding AG:** approx. 12%
4. **Stanley Black & Decker (Security Solutions):** approx. 10%
5. **Hörmann Group:** approx. 8%
6. **GEZE GmbH:** approx. 5%
7. **BOSCH Security Systems:** approx. 4%
8. **Honeywell International (Security Solutions):** approx. 3%
9. **Johnson Controls (Security Solutions):** approx. 3%
10. **Other smaller providers:** approx. 15%

**Economic Moat of dormakaba:**

The economic moat of dormakaba mainly consists of its strong brand recognition, a wide product portfolio in the area of access and security solutions, and a global presence. The company benefits from long-standing customer relationships and high innovation capabilities, especially in the field of digital access solutions.

Compared to competitors, Assa Abloy has the strongest economic moat as they are the largest provider in this sector and have a highly diversified product portfolio. Allegion plc also has a strong economic moat due to their specialization in mechanical and electronic security products.

While dormakaba possesses a solid economic moat, they could enhance their competitive advantage through increased investments in technology and innovation. However, the market is fiercely competitive, and the competition is fierce, meaning that dormakaba must continuously work on maintaining their market position to avoid being overtaken by larger competitors.

**Revenue Growth:** 4.5% (2024)
**EBITDA Margin:** 13.2% (2024)
**Net Cash Flow:** 150 million CHF (2024)

In 2024, dormakaba Holding AG achieved a revenue growth of 4.5%, indicating solid demand for its security and access solutions. The EBITDA margin of 13.2% demonstrates stable operational efficiency and the company's ability to control costs while investing in new technologies and markets.

The net cash flow of 150 million CHF in 2024 highlights dormakaba's strong liquidity position, providing the company with flexibility for future investments and debt repayment. This financial stability is a positive indicator for potential investors.

Overall, dormakaba demonstrates a healthy financial performance with stable growth and a solid margin structure. These factors, combined with the strategic focus on innovative security solutions, make the stock a potentially attractive investment for long-term oriented investors.

**Dividend Yield:** 2.5% (estimated for 2025)
**Dividend History:** Continuous payout over the last 5 years

Dormakaba Holding AG has pursued a consistent dividend policy in recent years. The dividend yield for 2025 is estimated to be around 2.5%, based on previous payouts and current market trends.

The company has regularly distributed dividends over the past five years, indicating a reliable dividend policy. This continuity demonstrates Dormakaba's commitment to providing shareholders with a stable return, even in economically challenging times. Analysts expect the dividend policy to be maintained unless significant negative changes occur in the company's operations.