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Indus Holding AG (INH.DE)

EUR26.45 +0.50 (+1.93%)
DE XETRA Industrials Conglomerates
Address Kölner Strasse 32 51429
Bergisch Gladbach, NW, DE
CEO Johannes Schmidt
Website indus.de
IPO 1998-11-10
ISIN DE0006200108

Explore sections of this company profile

Also trades on Deutsche Börse · INH.DE (EUR) Other OTC · INDHF (USD)
Description

INDUS Holding AG is a private equity firm specializing in mergers and acquisitions and corporate spin-offs. The firm does not invest in retail and service companies, pure trading or consumer goods businesses, companies with significant dependencies on individual business partners, start-ups, turnarounds, mature businesses, and companies undergoing restructuring. The firm typically invests in middle market and mature companies. It primarily makes long-term investments in medium-sized manufacturing companies in energy and environmental technology; infrastructure and logistics technology, intelligent logistic infrastructure; automation, measurement and control technology; medical engineering; life science; construction and safety technology; industry; digitalization; green tech; medical equipment for the ageing society; innovative construction technology; and public and private security sectors. The firm acquires small and medium-sized companies based in Germany, Switzerland, Austria, and the German-speaking regions of Europe. It typically invests in companies with annual sales between €20 million ($21.71 million) and €100 million ($108.58 million), revenue up to €1.74 million($2.03 million), equity rate above 30 percent, and double digit EBIT margin. It prefers to invest in companies with low level/no liabilities to banks. The firm seeks to take a majority stake in its portfolio companies initially and building it up to 100 percent. It prefers to acquire mainly owner-managed companies. It also seeks second-level acquisition opportunities. The firm invests through its balance sheet. INDUS Holding AG was founded in 1989 and is based in Bergisch Gladbach, Germany.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR26.45 +0.50 (+1.93%)
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Volume Profile
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Liquidity & share structure
Average Volume
38.4K
Beta
1.33
Float Shares
17.05M
Free Float %
68.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.13% -3.53% +13.33% +2.44% +28.37% +10.35% +36.15% +20.27% -7.23% -28.96% -3.88%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
26.45
DCF (Unlevered) 71.86 +171.7%
DCF (Levered) 79.33 +199.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 83% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 3 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.13
Grey zone
Piotroski F-Score
6 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Conglomerates: +6.1%
    +0.8% Q1'26: +9.8% (vs Q1'25)
  • EPS growth Conglomerates: +16.9%
    +33.2% Q1'26: +0.0% (vs Q1'25)
  • FCF margin FCF growth · Conglomerates: +35.9%
    +8.4% Q1'26: -18.2% (vs Q1'25)
  • EBIT margin Conglomerates: +9.0%
    +7.9% Q1'26: +11.8% (vs Q1'25)
  • ROIC Conglomerates: +4.7%
    +7.6% Q1'26: +8.9% (vs Q1'25)
  • Share dilution Conglomerates: +0.0%
    -2.9% Q1'26: -0.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Conglomerates: 1.28×
    3.32× Q1'26: 2.53× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.32) × ERP
WACC = 51% × Ke + 49% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 71.24 Current price: 26.45
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2009
actual
Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
6 Rev. Ana.
6 EPS Ana.
Dec 2027
6 Rev. Ana.
6 EPS Ana.
Dec 2028
5 Rev. Ana.
5 EPS Ana.
Revenue
769.51M
est: 781.69M (-1.6%)
971.59M
est: 975.75M (-0.4%)
1.10B
est: 1.12B (-1.5%)
1.11B
est: 1.12B (-1.4%)
1.20B
est: 1.21B (-1.3%)
1.26B
est: 1.27B (-1.3%)
1.39B
est: 1.39B (+0.0%)
1.44B
est: 1.45B (-0.5%)
1.64B
est: 1.62B (+1.0%)
1.71B
est: 1.70B (+0.6%)
1.74B
est: 1.74B (+0.2%)
1.56B
est: 1.57B (-0.5%)
1.74B
est: 1.74B (+0.3%)
1.80B
est: 1.90B (-5.2%)
1.81B
est: 1.75B (+3.6%)
1.72B
est: 1.72B (+0.3%)
1.74B
est: 1.74B (-0.1%)
1.88B
1.79B – 1.93B
+8.2% YoY
1.95B
1.87B – 2.03B
+3.6% YoY
2.03B
2.03B – 2.03B
+4.3% YoY
EBITDA
102.15M
est: 57.98M (+76.2%)
147.64M
est: 51.80M (+185.0%)
161.34M
est: 102.06M (+58.1%)
153.99M
est: 114.20M (+34.8%)
157.11M
est: 139.60M (+12.5%)
166.07M
est: 142.56M (+16.5%)
181.96M
est: 136.64M (+33.2%)
200.13M
est: 150.86M (+32.7%)
214.12M
est: 180.46M (+18.7%)
201.74M
est: 186.73M (+8.0%)
206.72M
est: 188.12M (+9.9%)
120.17M
est: 170.22M (-29.4%)
245.00M
est: 182.17M (+34.5%)
218.10M
est: 186.61M (+16.9%)
250.15M
est: 229.41M (+9.0%)
215.17M
est: 230.17M (-6.5%)
229.71M
est: 228.31M (+0.6%)
246.91M
234.75M – 253.86M
+8.2% YoY
255.74M
245.76M – 267.03M
+3.6% YoY
266.64M
266.36M – 266.92M
+4.3% YoY
EBIT
58.41M
est: 70.30M (-16.9%)
103.33M
est: 68.16M (+51.6%)
114.58M
est: 116.55M (-1.7%)
108.03M
est: 111.60M (-3.2%)
119.39M
est: 89.07M (+34.0%)
119.56M
est: 97.95M (+22.1%)
126.64M
est: 139.13M (-9.0%)
138.91M
est: 144.52M (-3.9%)
151.87M
est: 159.52M (-4.8%)
134.38M
est: 162.91M (-17.5%)
116.29M
est: 137.34M (-15.3%)
28.23M
est: 104.63M (-73.0%)
161.95M
est: 111.98M (+44.6%)
135.62M
est: 114.70M (+18.2%)
160.90M
est: 141.37M (+13.8%)
122.47M
est: 141.83M (-13.7%)
136.52M
est: 140.68M (-3.0%)
152.15M
144.65M – 156.43M
+8.2% YoY
157.59M
151.44M – 164.55M
+3.6% YoY
164.31M
164.14M – 164.48M
+4.3% YoY
Net Income
11.41M
est: 22.75M (-49.9%)
46.94M
est: 13.48M (+248.2%)
55.64M
est: 53.56M (+3.9%)
52.07M
est: 55.40M (-6.0%)
63.85M
est: 56.25M (+13.5%)
63.14M
est: 67.08M (-5.9%)
67.93M
est: 69.07M (-1.6%)
80.04M
est: 72.03M (+11.1%)
82.34M
est: 88.10M (-6.5%)
70.85M
est: 87.75M (-19.3%)
59.46M
est: 72.25M (-17.7%)
-26.90M
est: 52.77M (-151.0%)
46.81M
est: 56.47M (-17.1%)
72.89M
est: 62.69M (+16.3%)
55.44M
est: 63.91M (-13.3%)
53.71M
est: 71.67M (-25.1%)
69.03M
est: 69.03M (+0.0%)
82.79M
64.13M – 100.69M
+19.9% YoY
87.95M
70.67M – 110.09M
+6.2% YoY
94.41M
81.08M – 118.67M
+7.3% YoY
SGA
est: 200.13M (-100.0%)
461.99M
est: 288.97M (+59.9%)
est: 318.38M (-100.0%)
81.46M
est: 306.70M (-73.4%)
89.51M
est: 480.87M (-81.4%)
91.82M
est: 504.63M (-81.8%)
100.41M
est: 558.79M (-82.0%)
107.63M
est: 606.31M (-82.2%)
118.75M
est: 686.05M (-82.7%)
123.70M
est: 738.57M (-83.3%)
148.37M
est: 741.36M (-80.0%)
130.35M
est: 658.32M (-80.2%)
148.44M
est: 704.52M (-78.9%)
134.24M
est: 721.69M (-81.4%)
535.82M
est: 188.98M (+183.5%)
147.03M
est: 189.60M (-22.5%)
est: 188.07M (-100.0%)
203.40M
193.37M – 209.11M
+8.2% YoY
210.67M
202.44M – 219.96M
+3.6% YoY
219.64M
219.42M – 219.87M
+4.3% YoY
EPS
0.59
est: 0.34 (+73.5%)
2.59
est: 2.18 (+18.7%)
2.70
est: 3.17 (-14.9%)
2.35
est: 2.22 (+5.8%)
2.85
est: 2.59 (+9.9%)
2.58
est: 2.67 (-3.4%)
2.78
est: 2.84 (-2.1%)
3.27
est: 3.14 (+4.0%)
3.37
est: 3.42 (-1.6%)
2.90
est: 3.23 (-10.2%)
2.43
est: 2.57 (-5.5%)
-1.10
est: 0.11 (-1,123.3%)
1.78
est: 2.22 (-19.9%)
2.71
est: -0.75 (+463.8%)
2.06
est: 2.55 (-19.2%)
2.08
est: 2.86 (-27.2%)
2.77
est: 3.00 (-7.8%)
3.37
2.54 – 4.00
+12.1% YoY
3.68
2.80 – 4.37
+9.2% YoY
4.04
3.22 – 4.71
+9.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A 4/5 5/5 4/5 4/5 1/5 4/5 4/5
2026-05-11 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-05-08 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-05-07 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-05-06 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-05-05 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-05-04 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-30 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-29 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-28 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-27 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-24 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-23 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-22 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-21 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-20 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-17 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-16 A- 4/5 4/5 3/5 4/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
105.41M
OE per share TTM
4.23
Owner's Yield
13.36%
Maintenance CapEx ratio
67.04%
Maint CapEx / Avg PPE
26.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 66 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Amundi SDAX UCITS ETF Dist C005.DE 1.45% 2.59M 0.70%
2 WisdomTree Europe SmallCap Dividend UCITS ETF Acc DFEA.L 0.26% 237.1K 0.38%
3 WisdomTree Europe SmallCap Dividend UCITS ETF WTES.DE 0.26% 237.1K 0.38%
4 WisdomTree International SmallCap Dividend Fund DLS 0.12% 1.24M 0.58%
5 WisdomTree Dynamic International SmallCap Equity ETF DDLS 0.11% 489.3K 0.48%
6 UBS MSCI EMU Small Cap UCITS ETF EUR dis UEFD.DE 0.09% 695.2K 0.33%
7 WisdomTree Europe Equity Income UCITS ETF WTEE.DE 0.09% 221.5K 0.29%
8 WisdomTree Europe Equity Income UCITS ETF Acc EEIA.L 0.09% 221.5K 0.29%
9 iShares MSCI EMU Small Cap UCITS ETF CES1.L 0.09% 965.1K 0.58%
10 State Street SPDR MSCI Europe Small Cap Value Weighted UCITS ETF EUR Acc ZPRX.DE 0.06% 447.3K 0.30%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
15.9K
Shares Outstanding
24.90M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Johannes Schmidt Chairman of the Management Board & Chief Executive Officer 826.0K
Rudolf Weichert Deputy Chairman of Management Board, Deputy Chief Executive Officer & Chief Financial Officer 662.0K male
Gudrun Degenhart Member of the Management Board & Chief Operating Officer of Materials 626.0K female
Axel Meyer Member of Management Board & Chief Operating Officer of Engineering 584.0K male
Jorn Grossmann Member of Management Board & Chief Operating Officer of Infrastructure 577.0K
Dafne Sanac Head of Investor Relations female
Nina Wolf Head of Corporate Communications female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits