Kudelski S.A. (KDCXF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Kudelski S.A. (KDCXF) trades at $1.62 with AI Score 59/100 (Grade B). Kudelski SA provides digital security and access control solutions across digital TV, cybersecurity, and IoT sectors. Market cap: $83.51M, Sector: Technology.
Price live · AI analysis from Mar 15, 2026Analyst Coverage for KDCXF: KDCXF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates KDCXF against Technology peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
KDCXF: 2/4 perspectives are bearish. Dominant signal: Seth Klarman bearish.
How is this calculated? →Kudelski S.A. (KDCXF) Technology Profile & Competitive Position
Kudelski SA, a Swiss-based technology company, specializes in digital security and convergent media solutions. With a presence in digital TV, cybersecurity, and IoT, the company provides middleware, cybersecurity services, and watermarking technologies. Kudelski's global operations cater to diverse industries, reflecting its established position in the digital security landscape.
What Is the Investment Thesis for KDCXF?
Kudelski SA presents a complex investment case. The company's diverse portfolio across digital security, cybersecurity, and IoT offers exposure to growing markets. However, its negative P/E ratio of -2.26 and a negative profit margin of -11.5% indicate profitability challenges. A key value driver is the increasing demand for cybersecurity solutions, where Kudelski's advisory and managed security services could gain traction. Growth catalysts include expansion in the IoT security market and potential licensing of its intellectual property. Potential risks include intense competition, technological obsolescence, and the company's ability to achieve sustainable profitability. Investors should closely monitor Kudelski's financial performance and its ability to capitalize on growth opportunities in its target markets.
Based on FMP financials and quantitative analysis
KDCXF Key Highlights
- Market capitalization of $83.51M, indicating a small-cap company.
- Negative P/E ratio of -2.26, reflecting current losses or low profitability.
- Gross margin of 48.6%, suggesting a solid ability to control production costs.
- Beta of 0.27, indicating low volatility compared to the overall market.
- No dividend yield, which may deter income-focused investors.
Who Are KDCXF's Competitors?
KDCXF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ACFN Acorn Energy, Inc. | $16.88 | -0.06% | $42.34M | 35 |
| AILE iLearningEngines, Inc. | $0.42 | +0.00% | $59.29M | 60 |
| EAXR Ealixir, Inc. | $1.35 | +0.00% | $81.16M | — |
| LUNA Luna Innovations Incorporated | $1.23 | -0.81% | $42.68M | 56 |
| MHUBF Minehub Technologies Inc. | $0.38 | +1.34% | $39.34M | 53 |
| NOW ServiceNow, Inc. | $108.69 | +2.23% | $112.09B | 71 |
| RSASF RESAAS Services Inc. | $0.30 | +2.76% | $25.04M | 69 |
| PDFS PDF Solutions, Inc. | $59.18 | -11.51% | $2.44B | 68 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are KDCXF's Key Strengths?
- Strong expertise in digital security and content protection.
- Diverse portfolio of products and services.
- Established presence in multiple geographic markets.
- Significant intellectual property assets.
What Are KDCXF's Weaknesses?
- Negative profitability and low market capitalization.
- Dependence on the digital TV market, which is facing disruption.
- Intense competition in the cybersecurity market.
- Limited financial resources for growth and expansion.
What Could Drive KDCXF Stock Higher?
- Increasing demand for cybersecurity solutions driven by rising cyber threats.
- Expansion in the IoT security market as the number of connected devices grows.
- Potential licensing agreements for Kudelski's intellectual property.
- New product launches in the cybersecurity or IoT security segments.
- Strategic partnerships and acquisitions to expand market reach.
What Are the Key Risks for KDCXF?
- Financial-distress signal — its Altman Z-Score of 0.54 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-13.9%) — the business is not currently generating profit on shareholder capital.
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Technological obsolescence in the rapidly evolving digital security market.
- Intense competition from larger players in the cybersecurity market.
- Economic downturns affecting customer spending on digital security solutions.
- Regulatory changes impacting digital security and privacy.
- Negative profitability and low market capitalization.
What Are the Growth Opportunities for KDCXF?
- Cybersecurity Solutions: The increasing frequency and sophistication of cyberattacks drive the demand for robust cybersecurity solutions. Kudelski's cybersecurity segment, offering advisory, technology resale, and managed security services, can capitalize on this trend. The global cybersecurity market is projected to reach $376.33 billion by 2029. Kudelski can expand its market share by focusing on specialized cybersecurity solutions for specific industries and by developing innovative security technologies.
- Internet of Things (IoT) Security: With the proliferation of connected devices, the need for IoT security solutions is growing rapidly. Kudelski's IoT segment can leverage its expertise in digital security to provide solutions for securing connected devices and enabling new business models. The IoT security market is expected to experience significant growth in the coming years, presenting a substantial opportunity for Kudelski.
- Digital TV Security: Kudelski's Core Digital Security segment can continue to generate revenue through its middleware software solutions for set-top boxes and other consumer devices. While the traditional digital TV market may be maturing, there are still opportunities for growth in emerging markets and through the development of advanced security features for digital TV platforms.
- Watermarking Solutions: Kudelski's watermarking solutions can be applied to various industries, including media and entertainment, to protect digital content from piracy and unauthorized use. The increasing demand for content protection drives the need for effective watermarking technologies, presenting a growth opportunity for Kudelski.
- Intellectual Property Licensing: Kudelski's intellectual property portfolio represents a valuable asset that can be monetized through licensing agreements. By licensing its patents and technologies to other companies, Kudelski can generate additional revenue streams and expand its market reach. This strategy can provide a recurring revenue stream with minimal additional investment.
What Opportunities Does KDCXF Have?
- Growing demand for cybersecurity solutions.
- Expansion in the IoT security market.
- Licensing of intellectual property.
- Strategic partnerships and acquisitions.
What Threats Does KDCXF Face?
- Technological obsolescence.
- Increasing competition from larger players.
- Economic downturns affecting customer spending.
- Regulatory changes impacting digital security and privacy.
What Are KDCXF's Competitive Advantages?
- Established expertise in digital security.
- Strong intellectual property portfolio.
- Long-standing relationships with key customers.
- Diverse product and service offerings across multiple segments.
What Does KDCXF Do?
Kudelski SA, founded in 1951 and headquartered in Cheseaux-sur-Lausanne, Switzerland, has evolved from a traditional security firm into a provider of digital access and security solutions. The company operates through three primary segments: Core Digital Security, Cybersecurity, and Internet of Things (IoT). The Core Digital Security segment focuses on providing middleware software solutions for set-top boxes and other consumer devices, along with intellectual property activities. The Cybersecurity segment offers advisory services, technology and resale services, and managed security solutions to protect businesses from digital threats. The IoT segment provides solutions for securing connected devices and enabling new business models. Kudelski's product and service offerings include watermarking solutions, smartcards, digital TV sales and support services, and digital broadcasting solutions. The company also engages in finance services, research and development, and operates a travel agency. Kudelski serves a global clientele, with a significant presence in Switzerland, the United States, France, Germany, and the Netherlands. Kudelski faces competition from various players in the digital security and cybersecurity markets, including companies offering similar solutions for digital TV, cybersecurity, and IoT security.
What Products and Services Does KDCXF Offer?
- Provides digital access and security solutions.
- Offers middleware software for set-top boxes and consumer devices.
- Engages in intellectual property activities.
- Delivers cybersecurity solutions, including advisory and managed services.
- Provides watermarking solutions for content protection.
- Offers smartcards and digital TV sales and support services.
- Provides digital broadcasting solutions.
- Operates a travel agency.
How Does KDCXF Make Money?
- Sells digital security solutions to media companies and enterprises.
- Provides cybersecurity services on a subscription or project basis.
- Licenses its intellectual property to other companies.
- Generates revenue from the sale of smartcards and digital TV equipment.
What Industry Does KDCXF Operate In?
Kudelski SA operates in the competitive landscape of the software and application industry, specifically focusing on digital security, cybersecurity, and IoT solutions. The global cybersecurity market is projected to reach $376.33 billion by 2029, growing at a CAGR of 13.41% from 2022. The increasing demand for digital security solutions, driven by the proliferation of connected devices and the rising threat of cyberattacks, creates opportunities for companies like Kudelski. Competitors include firms offering similar cybersecurity services, digital TV solutions, and IoT security platforms. Kudelski's success depends on its ability to innovate, adapt to evolving market trends, and maintain a competitive edge in its target markets.
Who Are KDCXF's Key Customers?
- Digital TV providers and broadcasters.
- Media and entertainment companies.
- Enterprises requiring cybersecurity solutions.
- Manufacturers of IoT devices.
Company Profile
Kudelski S.A. operates in the Software - Application industry within the Technology sector. It is headquartered in Cheseaux-sur-Lausanne, CH. The company is led by CEO André Kudelski. KDCXF has traded publicly since 2013.
F-Score 2/9Financial Health
Kudelski S.A.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 0.54 places it in the distress zone, a signal of elevated financial risk.
ROE -14%Key Financial Metrics
Return on equity for Kudelski S.A. stands at -13.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -7.6%, showing how much profit it generates from its asset base. Its free cash flow yield is -18.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.29 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -48.2%, the inverse of the P/E and a quick read on earnings relative to price.
KDCXF Valuation & Market Position
With a $83.51M market cap, Kudelski S.A. sits in the micro-cap segment of the market. Relative to its peer group, KDCXF's quantitative score of 59/100 is roughly in line with the peer average of 51/100.
FY2026 estForward Outlook
Wall Street analysts project Kudelski S.A. revenue of about $347.3M for fiscal 2026, with EPS near $-0.17.
KDCXF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Strong expertise in digital security and content protection.
- Diverse portfolio of products and services.
- Established presence in multiple geographic markets.
- Significant intellectual property assets.
Bear Case
- Negative profitability and low market capitalization.
- Dependence on the digital TV market, which is facing disruption.
- Intense competition in the cybersecurity market.
- Limited financial resources for growth and expansion.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
KDCXF Latest News
No recent news available for KDCXF.
KDCXF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for KDCXF.
Price Targets
Wall Street price target analysis for KDCXF.
KDCXF MoonshotScore
What does this score mean?
The MoonshotScore rates KDCXF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
KDCXF OTC Market Information
The OTC Other tier, where KDCXF trades, represents the lowest tier of the OTC market. Companies in this tier often have limited or no financial disclosure, making it difficult for investors to assess their financial health and operational performance. Unlike companies listed on major exchanges like the NYSE or NASDAQ, OTC Other companies do not have to meet minimum listing standards, such as requirements for market capitalization, trading volume, and corporate governance. This lack of regulation and oversight increases the risk associated with investing in OTC Other stocks.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure increases the risk of investing in KDCXF.
- Low trading volume and wide bid-ask spreads can make it difficult to buy or sell shares.
- Lack of regulatory oversight increases the potential for fraud or mismanagement.
- The company may be delisted from the OTC market if it fails to meet certain requirements.
- The stock may be more susceptible to price manipulation due to its low liquidity.
- Verify the company's registration and legal status.
- Obtain and review any available financial statements or disclosures.
- Assess the company's business model and competitive landscape.
- Evaluate the management team and their track record.
- Understand the risks associated with investing in OTC stocks.
- Monitor trading volume and price volatility.
- Consult with a financial advisor before investing.
- The company has been in operation since 1951.
- Kudelski SA has a diverse portfolio of products and services.
- The company has a global presence with operations in multiple countries.
- Kudelski SA is involved in intellectual property activities.
Common Questions About KDCXF (Technology)
What does Kudelski SA do?
Kudelski SA is a technology company specializing in digital security and convergent media solutions. The company operates through three segments: Core Digital Security, Cybersecurity, and Internet of Things (IoT). It provides middleware software for set-top boxes, cybersecurity services including advisory and managed solutions, and security solutions for connected devices. Kudelski also offers watermarking technologies and engages in intellectual property activities, serving clients globally across various industries.
What do analysts say about KDCXF stock?
Due to the limited coverage of KDCXF as an OTC-listed stock, there is no readily available analyst consensus. Investors should focus on the company's financial performance, growth opportunities in cybersecurity and IoT security, and the risks associated with its OTC listing. Key valuation metrics to consider include revenue growth, gross margin, and cash flow. Investors should conduct their own due diligence and consult with a financial advisor before investing.
What are the main risks for KDCXF?
The main risks for KDCXF include intense competition in the cybersecurity and digital security markets, technological obsolescence, and the company's negative profitability. As an OTC-listed stock, KDCXF also faces risks related to limited financial disclosure, low trading volume, and lack of regulatory oversight. Economic downturns could affect customer spending on digital security solutions, and regulatory changes could impact the company's business model. Investors should carefully consider these risks before investing in KDCXF.
What are the key factors to evaluate for KDCXF?
Kudelski S.A. (KDCXF) holds an AI score of 59/100 (moderate). Not financial advice.
How frequently does KDCXF data refresh on this page?
KDCXF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven KDCXF's recent stock price performance?
Kudelski S.A. (KDCXF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong expertise in digital security and content protection. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider KDCXF overvalued or undervalued right now?
Valuing Kudelski S.A. (KDCXF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying KDCXF?
Before investing in Kudelski S.A. (KDCXF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited information available for OTC-listed companies.
- Financial data may not be as comprehensive as for exchange-listed companies.