INDUS HOLDING AG (INH.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:INH - DE0006200108 - Common Stock
26.55 EUR
+0.2 (+0.76%)
We assign a fundamental rating of 4 out of 10 to INH. INH was compared to 16 industry peers in the Industrial Conglomerates industry. While INH is still in line with the averages on profitability rating, there are concerns on its financial health. INH is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year INH was profitable.
In the past year INH had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: INH reported negative net income in multiple years.
Each year in the past 5 years INH had a positive operating cash flow.
1.2 Ratios
INH's Return On Assets of 2.75% is in line compared to the rest of the industry. INH outperforms 50.00% of its industry peers.
Looking at the Return On Equity, with a value of 7.31%, INH is in line with its industry, outperforming 50.00% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.66%, INH is in line with its industry, outperforming 56.25% of the companies in the same industry.
INH had an Average Return On Invested Capital over the past 3 years of 6.49%. This is in line with the industry average of 6.44%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.75% | ||
| ROE | 7.31% | ||
| ROIC | 4.66% |
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 2.92%, INH is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
In the last couple of years the Profit Margin of INH has declined.
With a Operating Margin value of 6.28%, INH is not doing good in the industry: 62.50% of the companies in the same industry are doing better.
In the last couple of years the Operating Margin of INH has grown nicely.
INH's Gross Margin of 56.05% is fine compared to the rest of the industry. INH outperforms 68.75% of its industry peers.
In the last couple of years the Gross Margin of INH has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.28% | ||
| PM (TTM) | 2.92% | ||
| GM | 56.05% |
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
INH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, INH has about the same amount of shares outstanding.
INH has more shares outstanding than it did 5 years ago.
INH has a better debt/assets ratio than last year.
2.2 Solvency
INH has an Altman-Z score of 1.96. This is not the best score and indicates that INH is in the grey zone with still only limited risk for bankruptcy at the moment.
INH has a Altman-Z score (1.96) which is comparable to the rest of the industry.
INH has a debt to FCF ratio of 15.52. This is a negative value and a sign of low solvency as INH would need 15.52 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 15.52, INH is in line with its industry, outperforming 43.75% of the companies in the same industry.
A Debt/Equity ratio of 0.82 indicates that INH is somewhat dependend on debt financing.
INH has a Debt to Equity ratio of 0.82. This is comparable to the rest of the industry: INH outperforms 50.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 15.52 | ||
| Altman-Z | 1.96 |
ROIC/WACC0.9
WACC5.17%
2.3 Liquidity
INH has a Current Ratio of 1.69. This is a normal value and indicates that INH is financially healthy and should not expect problems in meeting its short term obligations.
INH has a Current ratio of 1.69. This is in the better half of the industry: INH outperforms 75.00% of its industry peers.
INH has a Quick Ratio of 1.69. 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 (0.77) than 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.69 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
INH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -19.27%.
INH shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.18% yearly.
INH shows a decrease in Revenue. In the last year, the revenue decreased by -1.04%.
Measured over the past years, INH shows a decrease in Revenue. The Revenue has been decreasing by -0.24% on average per year.
EPS 1Y (TTM)-19.27%
EPS 3Y5.34%
EPS 5Y-3.18%
EPS Q2Q%-40.65%
Revenue 1Y (TTM)-1.04%
Revenue growth 3Y1.77%
Revenue growth 5Y-0.24%
Sales Q2Q%1.23%
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 10.74% on average per year.
Based on estimates for the next years, INH will show a small growth in Revenue. The Revenue will grow by 3.61% on average per year.
EPS Next Y2.93%
EPS Next 2Y8.89%
EPS Next 3Y10.74%
EPS Next 5YN/A
Revenue Next Year2.31%
Revenue Next 2Y3.72%
Revenue Next 3Y4.12%
Revenue Next 5Y3.61%
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
Based on the Price/Earnings ratio of 13.41, the valuation of INH can be described as correct.
Compared to the rest of the industry, the Price/Earnings ratio of INH indicates a rather cheap valuation: INH is cheaper than 81.25% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.15. INH is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 8.57 indicates a reasonable valuation of INH.
Based on the Price/Forward Earnings ratio, INH is valued cheaply inside the industry as 87.50% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.22, INH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.41 | ||
| Fwd PE | 8.57 |
4.2 Price Multiples
81.25% of the companies in the same industry are more expensive than INH, based on the Enterprise Value to EBITDA ratio.
INH's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. INH is cheaper than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.24 | ||
| EV/EBITDA | 6.3 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)4.58
PEG (5Y)N/A
EPS Next 2Y8.89%
EPS Next 3Y10.74%
5. Dividend
5.1 Amount
INH has a Yearly Dividend Yield of 4.55%, which is a nice return.
Compared to an average industry Dividend Yield of 3.67, INH pays a better dividend. On top of this INH pays more dividend than 87.50% 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 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.55% |
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 59.56% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP59.56%
EPS Next 2Y8.89%
EPS Next 3Y10.74%
FRA:INH (12/2/2025, 7:00:00 PM)
26.55
+0.2 (+0.76%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Earnings (Last)
Earnings (Next)
Inst Owners15.96%
Inst Owner ChangeN/A
Ins Owners5.89%
Ins Owner ChangeN/A
Market Cap684.99M
Revenue(TTM)1.72B
Net Income(TTM)50.16M
Analysts80
Price Target33.58 (26.48%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.55% |
Yearly Dividend1.15
Dividend Growth(5Y)-5.16%
DP59.56%
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)4.04%
PT rev (3m)6.35%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)1.33%
EPS NY rev (3m)-3.84%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.11%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.41 | ||
| Fwd PE | 8.57 | ||
| P/S | 0.4 | ||
| P/FCF | 14.24 | ||
| P/OCF | 6.6 | ||
| P/B | 1 | ||
| P/tB | 6.17 | ||
| EV/EBITDA | 6.3 |
EPS(TTM)1.98
EY7.46%
EPS(NY)3.1
Fwd EY11.67%
FCF(TTM)1.86
FCFY7.02%
OCF(TTM)4.03
OCFY15.16%
SpS66.64
BVpS26.61
TBVpS4.3
PEG (NY)4.58
PEG (5Y)N/A
Graham Number34.43
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.75% | ||
| ROE | 7.31% | ||
| ROCE | 7.96% | ||
| ROIC | 4.66% | ||
| ROICexc | 5.07% | ||
| ROICexgc | 9.44% | ||
| OM | 6.28% | ||
| PM (TTM) | 2.92% | ||
| GM | 56.05% | ||
| FCFM | 2.8% |
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%
ROICexgc growth 3Y-3.23%
ROICexgc 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-Score5
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 15.52 | ||
| Debt/EBITDA | 2.7 | ||
| Cap/Depr | 54.95% | ||
| Cap/Sales | 3.24% | ||
| Interest Coverage | 3.53 | ||
| Cash Conversion | 49.59% | ||
| Profit Quality | 95.89% | ||
| Current Ratio | 1.69 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 1.96 |
F-Score5
WACC5.17%
ROIC/WACC0.9
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)-19.27%
EPS 3Y5.34%
EPS 5Y-3.18%
EPS Q2Q%-40.65%
EPS Next Y2.93%
EPS Next 2Y8.89%
EPS Next 3Y10.74%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.04%
Revenue growth 3Y1.77%
Revenue growth 5Y-0.24%
Sales Q2Q%1.23%
Revenue Next Year2.31%
Revenue Next 2Y3.72%
Revenue Next 3Y4.12%
Revenue Next 5Y3.61%
EBIT growth 1Y-27.1%
EBIT growth 3Y-7.49%
EBIT growth 5Y2.1%
EBIT Next Year77.07%
EBIT Next 3Y28.33%
EBIT Next 5Y15.92%
FCF growth 1Y-3.27%
FCF growth 3Y37.09%
FCF growth 5Y6.09%
OCF growth 1Y8.91%
OCF growth 3Y17.5%
OCF growth 5Y-0.49%
INDUS HOLDING AG / INH.DE FAQ
What is the fundamental rating for INH stock?
ChartMill assigns a fundamental rating of 4 / 10 to INH.DE.
What is the valuation status for INH stock?
ChartMill assigns a valuation rating of 6 / 10 to INDUS HOLDING AG (INH.DE). This can be considered as Fairly Valued.
What is the profitability of INH stock?
INDUS HOLDING AG (INH.DE) has a profitability rating of 4 / 10.
Can you provide the financial health for INH stock?
The financial health rating of INDUS HOLDING AG (INH.DE) is 3 / 10.
How sustainable is the dividend of INDUS HOLDING AG (INH.DE) stock?
The dividend rating of INDUS HOLDING AG (INH.DE) is 6 / 10 and the dividend payout ratio is 59.56%.