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 14 industry peers in the Industrial Conglomerates industry. There are concerns on the financial health of INH while its profitability can be described as average. INH has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year INH was profitable.
INH had a positive operating cash flow in the past year.
In multiple years INH reported negative net income over the last 5 years.
INH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
INH has a worse Return On Assets (2.97%) than 71.43% of its industry peers.
INH has a Return On Equity (7.70%) which is in line with its industry peers.
INH's Return On Invested Capital of 5.52% is in line compared to the rest of the industry. INH outperforms 42.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for INH is in line with the industry average of 6.98%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.97% | ||
| ROE | 7.7% | ||
| ROIC | 5.52% |
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
INH's Profit Margin of 3.12% is on the low side compared to the rest of the industry. INH is outperformed by 71.43% of its industry peers.
In the last couple of years the Profit Margin of INH has declined.
Looking at the Operating Margin, with a value of 7.36%, INH is doing worse than 64.29% of the companies in the same industry.
In the last couple of years the Operating Margin of INH has grown nicely.
The Gross Margin of INH (55.84%) is better than 78.57% of its industry peers.
INH's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.36% | ||
| PM (TTM) | 3.12% | ||
| GM | 55.84% |
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.
INH has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, INH has more shares outstanding
INH has a better debt/assets ratio than last year.
2.2 Solvency
INH has an Altman-Z score of 2.00. 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.
The Altman-Z score of INH (2.00) is worse than 64.29% of its industry peers.
The Debt to FCF ratio of INH is 7.40, which is on the high side as it means it would take INH, 7.40 years of fcf income to pay off all of its debts.
INH has a Debt to FCF ratio (7.40) which is comparable to the rest of the industry.
INH has a Debt/Equity ratio of 0.78. This is a neutral value indicating INH is somewhat dependend on debt financing.
INH has a Debt to Equity ratio (0.78) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 7.4 | ||
| Altman-Z | 2 |
ROIC/WACC0.93
WACC5.91%
2.3 Liquidity
A Current Ratio of 1.66 indicates that INH should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.66, INH is doing good in the industry, outperforming 64.29% of the companies in the same industry.
INH has a Quick Ratio of 1.66. 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's Quick ratio of 0.77 is on the low side compared to the rest of the industry. INH is outperformed by 92.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.66 | ||
| Quick Ratio | 0.77 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.49% over the past year.
Measured over the past years, INH shows a decrease in Earnings Per Share. The EPS has been decreasing by -3.18% on average per year.
The Revenue has decreased by -4.47% in the past year.
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)1.49%
EPS 3Y5.34%
EPS 5Y-3.18%
EPS Q2Q%-62.11%
Revenue 1Y (TTM)-4.47%
Revenue growth 3Y1.77%
Revenue growth 5Y-0.24%
Sales Q2Q%0.24%
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 8.96% yearly.
Based on estimates for the next years, INH will show a small growth in Revenue. The Revenue will grow by 3.50% on average per year.
EPS Next Y9.09%
EPS Next 2Y9.02%
EPS Next 3Y8.96%
EPS Next 5YN/A
Revenue Next Year4.22%
Revenue Next 2Y4.13%
Revenue Next 3Y3.79%
Revenue Next 5Y3.5%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
A Price/Earnings ratio of 11.74 indicates a reasonable valuation of INH.
Based on the Price/Earnings ratio, INH is valued a bit cheaper than 78.57% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.98. INH is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 8.52, the valuation of INH can be described as very reasonable.
Based on the Price/Forward Earnings ratio, INH is valued cheaply inside the industry as 85.71% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of INH to the average of the S&P500 Index (21.38), we can say INH is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.74 | ||
| Fwd PE | 8.52 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, INH is valued a bit cheaper than the industry average as 78.57% of the companies are valued more expensively.
INH's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. INH is cheaper than 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.76 | ||
| EV/EBITDA | 5.18 |
4.3 Compensation for Growth
INH's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.29
PEG (5Y)N/A
EPS Next 2Y9.02%
EPS Next 3Y8.96%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.81%, INH is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.81, INH pays a better dividend. On top of this INH pays more dividend than 85.71% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.46, INH pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
5.2 History
The dividend of INH decreases each year by -5.16%.
Dividend Growth(5Y)-5.16%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
57.64% of the earnings are spent on dividend by INH. This is a bit on the high side, but may be sustainable.
DP57.64%
EPS Next 2Y9.02%
EPS Next 3Y8.96%
FRA:INH (4/30/2025, 9:41:29 AM)
24.3
-0.15 (-0.61%)
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 Cap626.94M
Analysts81.82
Price Target31.23 (28.52%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.81% |
Yearly Dividend1.15
Dividend Growth(5Y)-5.16%
DP57.64%
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)2.8%
PT rev (3m)6.99%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3.97%
EPS NY rev (3m)-11.45%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.61%
Revenue NY rev (3m)0.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.74 | ||
| Fwd PE | 8.52 | ||
| P/S | 0.36 | ||
| P/FCF | 6.76 | ||
| P/OCF | 4.36 | ||
| P/B | 0.9 | ||
| P/tB | 5.02 | ||
| EV/EBITDA | 5.18 |
EPS(TTM)2.07
EY8.52%
EPS(NY)2.85
Fwd EY11.73%
FCF(TTM)3.6
FCFY14.8%
OCF(TTM)5.57
OCFY22.92%
SpS66.74
BVpS27.04
TBVpS4.84
PEG (NY)1.29
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.97% | ||
| ROE | 7.7% | ||
| ROCE | 9.44% | ||
| ROIC | 5.52% | ||
| ROICexc | 6.19% | ||
| ROICexgc | 11.88% | ||
| OM | 7.36% | ||
| PM (TTM) | 3.12% | ||
| GM | 55.84% | ||
| FCFM | 5.39% |
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 Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.78 | ||
| Debt/FCF | 7.4 | ||
| Debt/EBITDA | 2.39 | ||
| Cap/Depr | 51.19% | ||
| Cap/Sales | 2.96% | ||
| Interest Coverage | 3.88 | ||
| Cash Conversion | 63.54% | ||
| Profit Quality | 172.75% | ||
| Current Ratio | 1.66 | ||
| Quick Ratio | 0.77 | ||
| Altman-Z | 2 |
F-Score8
WACC5.91%
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)1.49%
EPS 3Y5.34%
EPS 5Y-3.18%
EPS Q2Q%-62.11%
EPS Next Y9.09%
EPS Next 2Y9.02%
EPS Next 3Y8.96%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.47%
Revenue growth 3Y1.77%
Revenue growth 5Y-0.24%
Sales Q2Q%0.24%
Revenue Next Year4.22%
Revenue Next 2Y4.13%
Revenue Next 3Y3.79%
Revenue Next 5Y3.5%
EBIT growth 1Y-25%
EBIT growth 3Y-7.49%
EBIT growth 5Y2.1%
EBIT Next Year80.32%
EBIT Next 3Y25.24%
EBIT Next 5Y14.31%
FCF growth 1Y-27.18%
FCF growth 3Y37.09%
FCF growth 5Y6.09%
OCF growth 1Y-24.12%
OCF growth 3Y17.5%
OCF growth 5Y-0.49%