INDUS HOLDING AG (INH.DE) Stock Fundamental Analysis
FRA:INH - Deutsche Boerse Ag - DE0006200108 - Common Stock - Currency: EUR
Taking everything into account, INH scores 4 out of 10 in our fundamental rating. INH was compared to 15 industry peers in the Industrial Conglomerates industry. INH has a bad profitability rating. Also its financial health evaluation is rather negative. INH scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
INH had positive earnings in the past year.
INH had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: INH reported negative net income in multiple years.
In the past 5 years INH always reported a positive cash flow from operatings.
1.2 Ratios
INH has a Return On Assets of 3.23%. This is in the lower half of the industry: INH underperforms 60.00% of its industry peers.
The Return On Equity of INH (8.37%) is comparable to the rest of the industry.
INH's Return On Invested Capital of 5.17% is on the low side compared to the rest of the industry. INH is outperformed by 60.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for INH is in line with the industry average of 6.57%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.23% | ||
| ROE | 8.37% | ||
| ROIC | 5.17% |
ROA(3y)1.2%
ROA(5y)0.91%
ROE(3y)3.11%
ROE(5y)2.26%
ROIC(3y)6.49%
ROIC(5y)5.88%
1.3 Margins
With a Profit Margin value of 3.46%, INH is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
INH's Profit Margin has declined in the last couple of years.
INH has a Operating Margin of 6.97%. This is in the lower half of the industry: INH underperforms 66.67% of its industry peers.
INH's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 56.04%, INH is in line with its industry, outperforming 60.00% of the companies in the same industry.
INH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.97% | ||
| PM (TTM) | 3.46% | ||
| GM | 56.04% |
OM growth 3Y-9.1%
OM growth 5Y2.34%
PM growth 3Y2.87%
PM growth 5Y-1.78%
GM growth 3Y0.37%
GM growth 5Y0.59%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so INH is still creating some value.
The number of shares outstanding for INH remains at a similar level compared to 1 year ago.
INH has more shares outstanding than it did 5 years ago.
INH has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.92 indicates that INH is not a great score, but indicates only limited risk for bankruptcy at the moment.
INH has a worse Altman-Z score (1.92) than 60.00% of its industry peers.
The Debt to FCF ratio of INH is 11.53, which is on the high side as it means it would take INH, 11.53 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of INH (11.53) is comparable to the rest of the industry.
A Debt/Equity ratio of 0.76 indicates that INH is somewhat dependend on debt financing.
The Debt to Equity ratio of INH (0.76) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 11.53 | ||
| Altman-Z | 1.92 |
ROIC/WACC0.93
WACC5.58%
2.3 Liquidity
INH has a Current Ratio of 1.65. This is a normal value and indicates that INH is financially healthy and should not expect problems in meeting its short term obligations.
INH's Current ratio of 1.65 is in line compared to the rest of the industry. INH outperforms 60.00% of its industry peers.
INH has a Quick Ratio of 1.65. This is a bad value and indicates that INH is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of INH (0.75) is worse than 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.65 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
INH shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.99%, which is quite impressive.
The Earnings Per Share has been decreasing by -3.18% on average over the past years.
Looking at the last year, INH shows a decrease in Revenue. The Revenue has decreased by -2.71% in the last year.
The Revenue has been decreasing by -0.24% on average over the past years.
EPS 1Y (TTM)26.99%
EPS 3Y5.34%
EPS 5Y-3.18%
EPS Q2Q%66.71%
Revenue 1Y (TTM)-2.71%
Revenue growth 3Y1.77%
Revenue growth 5Y-0.24%
Sales Q2Q%-1.89%
3.2 Future
Based on estimates for the next years, INH will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.96% on average per year.
INH is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.70% yearly.
EPS Next Y9.09%
EPS Next 2Y9.02%
EPS Next 3Y8.96%
EPS Next 5YN/A
Revenue Next Year3.87%
Revenue Next 2Y3.61%
Revenue Next 3Y3.59%
Revenue Next 5Y3.7%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 9.53, which indicates a very decent valuation of INH.
INH's Price/Earnings ratio is rather cheap when compared to the industry. INH is cheaper than 86.67% of the companies in the same industry.
INH is valuated cheaply when we compare the Price/Earnings ratio to 26.55, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 7.11, which indicates a rather cheap valuation of INH.
Based on the Price/Forward Earnings ratio, INH is valued cheaper than 86.67% of the companies in the same industry.
INH is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.30, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.53 | ||
| Fwd PE | 7.11 |
4.2 Price Multiples
73.33% of the companies in the same industry are more expensive than INH, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, INH is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.32 | ||
| EV/EBITDA | 5.27 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.05
PEG (5Y)N/A
EPS Next 2Y9.02%
EPS Next 3Y8.96%
5. Dividend
5.1 Amount
INH has a Yearly Dividend Yield of 5.42%, which is a nice return.
INH's Dividend Yield is rather good when compared to the industry average which is at 3.80. INH pays more dividend than 86.67% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, INH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.42% |
5.2 History
The dividend of INH decreases each year by -5.16%.
Dividend Growth(5Y)-5.16%
Div Incr Years1
Div Non Decr Years2
5.3 Sustainability
INH pays out 52.13% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP52.13%
EPS Next 2Y9.02%
EPS Next 3Y8.96%
FRA:INH (6/6/2025, 7:00:00 PM)
22.1
-0.05 (-0.23%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Earnings (Last)
Earnings (Next)
Inst Owners14.49%
Inst Owner ChangeN/A
Ins Owners5.68%
Ins Owner ChangeN/A
Market Cap570.18M
Analysts78.18
Price Target30.72 (39%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.42% |
Yearly Dividend1.15
Dividend Growth(5Y)-5.16%
DP52.13%
Div Incr Years1
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-1.63%
PT rev (3m)1.12%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-3.31%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.53 | ||
| Fwd PE | 7.11 | ||
| P/S | 0.33 | ||
| P/FCF | 9.32 | ||
| P/OCF | 4.94 | ||
| P/B | 0.8 | ||
| P/tB | 4.33 | ||
| EV/EBITDA | 5.27 |
EPS(TTM)2.32
EY10.5%
EPS(NY)3.11
Fwd EY14.06%
FCF(TTM)2.37
FCFY10.73%
OCF(TTM)4.47
OCFY20.24%
SpS66.44
BVpS27.48
TBVpS5.11
PEG (NY)1.05
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.23% | ||
| ROE | 8.37% | ||
| ROCE | 8.83% | ||
| ROIC | 5.17% | ||
| ROICexc | 5.64% | ||
| ROICexgc | 10.58% | ||
| OM | 6.97% | ||
| PM (TTM) | 3.46% | ||
| GM | 56.04% | ||
| FCFM | 3.57% |
ROA(3y)1.2%
ROA(5y)0.91%
ROE(3y)3.11%
ROE(5y)2.26%
ROIC(3y)6.49%
ROIC(5y)5.88%
ROICexc(3y)7.45%
ROICexc(5y)6.71%
ROICexgc(3y)13.87%
ROICexgc(5y)12.25%
ROCE(3y)11.09%
ROCE(5y)10.05%
ROICexcg growth 3Y-3.23%
ROICexcg growth 5Y5.57%
ROICexc growth 3Y-5.71%
ROICexc growth 5Y3.06%
OM growth 3Y-9.1%
OM growth 5Y2.34%
PM growth 3Y2.87%
PM growth 5Y-1.78%
GM growth 3Y0.37%
GM growth 5Y0.59%
F-Score8
Asset Turnover0.93
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.76 | ||
| Debt/FCF | 11.53 | ||
| Debt/EBITDA | 2.44 | ||
| Cap/Depr | 53.92% | ||
| Cap/Sales | 3.16% | ||
| Interest Coverage | 3.67 | ||
| Cash Conversion | 52.44% | ||
| Profit Quality | 103.01% | ||
| Current Ratio | 1.65 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 1.92 |
F-Score8
WACC5.58%
ROIC/WACC0.93
Cap/Depr(3y)50.2%
Cap/Depr(5y)50.39%
Cap/Sales(3y)3.14%
Cap/Sales(5y)3.2%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)26.99%
EPS 3Y5.34%
EPS 5Y-3.18%
EPS Q2Q%66.71%
EPS Next Y9.09%
EPS Next 2Y9.02%
EPS Next 3Y8.96%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.71%
Revenue growth 3Y1.77%
Revenue growth 5Y-0.24%
Sales Q2Q%-1.89%
Revenue Next Year3.87%
Revenue Next 2Y3.61%
Revenue Next 3Y3.59%
Revenue Next 5Y3.7%
EBIT growth 1Y-20.79%
EBIT growth 3Y-7.49%
EBIT growth 5Y2.1%
EBIT Next Year76.82%
EBIT Next 3Y26.88%
EBIT Next 5Y15.09%
FCF growth 1Y3903.27%
FCF growth 3Y37.09%
FCF growth 5Y6.09%
OCF growth 1Y116.25%
OCF growth 3Y17.5%
OCF growth 5Y-0.49%