Professional
Added to YB: 2024-05-28
Pitch date: 2024-05-24
INH.DE [neutral]
INDUS Holding AG
+6.98%
current return
Author Info
Mr. Market Miscalculates (mostly) shares overlooked or misunderstood small/mid-cap European companies. Sign up for the newsletter.
Company Info
INDUS Holding AG is a private equity firm specializing in mergers and acquisitions and corporate spin-offs.
Market Cap
EUR 543.9M
Pitch Price
EUR 25.52
Price Target
N/A
Dividend
5.69%
EV/EBITDA
5.06
P/E
8.98
EV/Sales
0.64
Sector
Industrial Conglomerates
Category
value
INDUS Holding AG - $INH.DE
INDUS Holding (INH.DE): German industrial holding co focused on buy & hold of niche SMEs. 43 companies in Engineering, Infrastructure & Materials. Revenues €2B, 4-5% 10-20yr CAGR (half organic). 2025 plan: add security tech, boost innovation, improve ops. Acq'd Hauff 50% & Gestalt in Q1. Margins <10%, ROIC/ROE ok. Trades 8x PE/EBIT, 11-13% FCFE yield, 4.5% div. Risks: cyclical end markets, energy prices, inflation. Upside: cheap SME valuations for further M&A.
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