INDUS HOLDING AG (INH.DE) Stock Fundamental Analysis
FRA:INH - Deutsche Boerse Ag - DE0006200108 - Common Stock - Currency: EUR
Overall INH gets a fundamental rating of 4 out of 10. We evaluated INH against 15 industry peers in the Industrial Conglomerates industry. INH may be in some trouble as it scores bad on both profitability and health. A decent growth rate in combination with a cheap valuation! Better keep an eye on INH.
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.
In multiple years INH reported negative net income over the last 5 years.
In the past 5 years INH always reported a positive cash flow from operatings.
1.2 Ratios
With a Return On Assets value of 3.31%, INH is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
The Return On Equity of INH (8.75%) is comparable to the rest of the industry.
INH has a Return On Invested Capital (6.20%) which is in line with its industry peers.
INH had an Average Return On Invested Capital over the past 3 years of 7.72%. This is in line with the industry average of 7.16%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.31% | ||
| ROE | 8.75% | ||
| ROIC | 6.2% |
ROA(3y)1.05%
ROA(5y)0.98%
ROE(3y)2.53%
ROE(5y)2.36%
ROIC(3y)7.72%
ROIC(5y)6.43%
1.3 Margins
The Profit Margin of INH (3.59%) is worse than 66.67% of its industry peers.
In the last couple of years the Profit Margin of INH has declined.
The Operating Margin of INH (7.57%) is worse than 60.00% of its industry peers.
In the last couple of years the Operating Margin of INH has remained more or less at the same level.
Looking at the Gross Margin, with a value of 55.91%, INH is in the better half of the industry, outperforming 66.67% 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 | 7.57% | ||
| PM (TTM) | 3.59% | ||
| GM | 55.91% |
OM growth 3Y27%
OM growth 5Y0.98%
PM growth 3YN/A
PM growth 5Y-5.78%
GM growth 3Y0.32%
GM growth 5Y-0.06%
2. Health
2.1 Basic Checks
INH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
INH has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for INH has been increased compared to 5 years ago.
Compared to 1 year ago, INH has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.96 indicates that INH is not a great score, but indicates only limited risk for bankruptcy at the moment.
INH's Altman-Z score of 1.96 is on the low side compared to the rest of the industry. INH is outperformed by 60.00% of its industry peers.
The Debt to FCF ratio of INH is 5.93, which is a neutral value as it means it would take INH, 5.93 years of fcf income to pay off all of its debts.
INH has a Debt to FCF ratio of 5.93. This is in the better half of the industry: INH outperforms 73.33% of its industry peers.
A Debt/Equity ratio of 0.78 indicates that INH is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.78, INH is in line with its industry, outperforming 53.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 5.93 | ||
| Altman-Z | 1.96 |
ROIC/WACC1.12
WACC5.53%
2.3 Liquidity
A Current Ratio of 1.71 indicates that INH should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.71, INH is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
INH has a Quick Ratio of 1.71. This is a bad value and indicates that INH is not financially healthy enough and could expect problems in meeting its short term obligations.
INH has a worse Quick ratio (0.79) than 93.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.71 | ||
| Quick Ratio | 0.79 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 202.38% over the past year.
Measured over the past years, INH shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.60% on average per year.
Looking at the last year, INH shows a decrease in Revenue. The Revenue has decreased by -0.71% in the last year.
The Revenue has been growing slightly by 1.05% on average over the past years.
EPS 1Y (TTM)202.38%
EPS 3YN/A
EPS 5Y-6.6%
EPS Q2Q%-12.82%
Revenue 1Y (TTM)-0.71%
Revenue growth 3Y4.97%
Revenue growth 5Y1.05%
Sales Q2Q%-3.63%
3.2 Future
INH is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.21% yearly.
The Revenue is expected to grow by 3.56% on average over the next years.
EPS Next Y26.1%
EPS Next 2Y19.35%
EPS Next 3Y16.64%
EPS Next 5Y18.21%
Revenue Next Year-5.03%
Revenue Next 2Y-1.02%
Revenue Next 3Y0.6%
Revenue Next 5Y3.56%
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 10.38, which indicates a very decent valuation of INH.
Based on the Price/Earnings ratio, INH is valued a bit cheaper than 66.67% of the companies in the same industry.
When comparing the Price/Earnings ratio of INH to the average of the S&P500 Index (29.35), we can say INH is valued rather cheaply.
The Price/Forward Earnings ratio is 8.31, which indicates a very decent valuation of INH.
93.33% of the companies in the same industry are more expensive than INH, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, INH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.38 | ||
| Fwd PE | 8.31 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, INH is valued a bit cheaper than 80.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, INH is valued cheaply inside the industry as 93.33% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.3 | ||
| EV/EBITDA | 5.22 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
INH's earnings are expected to grow with 16.64% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y19.35%
EPS Next 3Y16.64%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.86%, INH is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.70, INH pays a better dividend. On top of this INH pays more dividend than 86.67% of the companies listed in the same industry.
INH's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.86% |
5.2 History
The dividend of INH decreases each year by -11.81%.
Dividend Growth(5Y)-11.81%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
INH pays out 50.14% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP50.14%
EPS Next 2Y19.35%
EPS Next 3Y16.64%
FRA:INH (3/7/2025, 7:00:00 PM)
24.5
-0.2 (-0.81%)
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 Cap632.10M
Analysts81.82
Price Target30.38 (24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.86% |
Yearly Dividend0.8
Dividend Growth(5Y)-11.81%
DP50.14%
Div Incr Years0
Div Non Decr Years1
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)4.08%
PT rev (3m)4.08%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.32%
EPS NY rev (3m)-4.82%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)-0.8%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.38 | ||
| Fwd PE | 8.31 | ||
| P/S | 0.37 | ||
| P/FCF | 5.3 | ||
| P/OCF | 3.66 | ||
| P/B | 0.9 | ||
| P/tB | 4.89 | ||
| EV/EBITDA | 5.22 |
EPS(TTM)2.36
EY9.63%
EPS(NY)2.95
Fwd EY12.04%
FCF(TTM)4.63
FCFY18.88%
OCF(TTM)6.69
OCFY27.32%
SpS66.7
BVpS27.35
TBVpS5.01
PEG (NY)0.4
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.31% | ||
| ROE | 8.75% | ||
| ROCE | 9.45% | ||
| ROIC | 6.2% | ||
| ROICexc | 6.93% | ||
| ROICexgc | 13% | ||
| OM | 7.57% | ||
| PM (TTM) | 3.59% | ||
| GM | 55.91% | ||
| FCFM | 6.94% |
ROA(3y)1.05%
ROA(5y)0.98%
ROE(3y)2.53%
ROE(5y)2.36%
ROIC(3y)7.72%
ROIC(5y)6.43%
ROICexc(3y)8.81%
ROICexc(5y)7.32%
ROICexgc(3y)16.03%
ROICexgc(5y)13.09%
ROCE(3y)11.76%
ROCE(5y)9.8%
ROICexcg growth 3Y34.79%
ROICexcg growth 5Y2.91%
ROICexc growth 3Y30.89%
ROICexc growth 5Y1.66%
OM growth 3Y27%
OM growth 5Y0.98%
PM growth 3YN/A
PM growth 5Y-5.78%
GM growth 3Y0.32%
GM growth 5Y-0.06%
F-Score6
Asset Turnover0.92
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 5.93 | ||
| Debt/EBITDA | 2.4 | ||
| Cap/Depr | 54.18% | ||
| Cap/Sales | 3.1% | ||
| Interest Coverage | 5.04 | ||
| Cash Conversion | 75.5% | ||
| Profit Quality | 193.3% | ||
| Current Ratio | 1.71 | ||
| Quick Ratio | 0.79 | ||
| Altman-Z | 1.96 |
F-Score6
WACC5.53%
ROIC/WACC1.12
Cap/Depr(3y)53.62%
Cap/Depr(5y)54.67%
Cap/Sales(3y)3.23%
Cap/Sales(5y)3.51%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)202.38%
EPS 3YN/A
EPS 5Y-6.6%
EPS Q2Q%-12.82%
EPS Next Y26.1%
EPS Next 2Y19.35%
EPS Next 3Y16.64%
EPS Next 5Y18.21%
Revenue 1Y (TTM)-0.71%
Revenue growth 3Y4.97%
Revenue growth 5Y1.05%
Sales Q2Q%-3.63%
Revenue Next Year-5.03%
Revenue Next 2Y-1.02%
Revenue Next 3Y0.6%
Revenue Next 5Y3.56%
EBIT growth 1Y-45.31%
EBIT growth 3Y33.31%
EBIT growth 5Y2.04%
EBIT Next Year49.2%
EBIT Next 3Y18.43%
EBIT Next 5Y9.84%
FCF growth 1Y403.23%
FCF growth 3Y7.45%
FCF growth 5YN/A
OCF growth 1Y852.92%
OCF growth 3Y6.86%
OCF growth 5Y20.46%