INDUS Holding AG/€INH
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About INDUS Holding AG
INDUS Holding AG is a German company operating primarily in the industrial sector, focusing on the production and development of specialized medium-sized companies in various industries. Established in 1989, its core business strategy involves acquiring and managing diverse businesses, particularly in the fields of automotive technology, industrial technology, engineering, infrastructure, and construction technology. Headquartered in Bergisch Gladbach, Germany, INDUS Holding supports its subsidiaries in enhancing growth potential through strategic management and investment resources. The company employs a decentralized management model, allowing its holdings to benefit from corporate oversight while maintaining operational autonomy, positioning itself to leverage niche opportunities within the markets it serves.
- Ticker
- €INH
- Sector
- Industrials
- Primary listing
- XETRA
- Employees
- 8,921
- Headquarters
- Bergisch Gladbach, Germany
- Website
- indus.eu
INDUS Holding AG Metrics
BasicAdvanced
€936M
9.05
€4.13
1.36
€1.30
3.48%
Price and volume
Market cap
€936M
Beta
1.36
52-week high
€39.35
52-week low
€21.30
Average daily volume
43K
Dividend rate
€1.30
Financial strength
Current ratio
1.879
Quick ratio
0.771
Long term debt to equity
0.822
Total debt to equity
1.033
Dividend payout ratio (TTM)
31.46%
Interest coverage (TTM)
6.70%
Profitability
EBITDA (TTM)
267.357
Gross margin (TTM)
57.21%
Net profit margin (TTM)
5.52%
Operating margin (TTM)
10.53%
Effective tax rate (TTM)
36.92%
Revenue per employee (TTM)
€210,000
Management effectiveness
Return on assets (TTM)
6.38%
Return on equity (TTM)
14.22%
Valuation
Price to earnings (TTM)
9.046
Price to revenue (TTM)
0.499
Price to book
1.23
Price to tangible book (TTM)
5.38
Price to free cash flow (TTM)
15.451
Free cash flow yield (TTM)
6.47%
Free cash flow per share (TTM)
2.419
Dividend yield (TTM)
3.48%
Forward dividend yield
3.48%
Growth
Revenue change (TTM)
8.41%
Earnings per share change (TTM)
108.39%
3-year revenue growth (CAGR)
0.77%
10-year revenue growth (CAGR)
2.70%
3-year earnings per share growth (CAGR)
39.22%
10-year earnings per share growth (CAGR)
3.36%
3-year dividend per share growth (CAGR)
17.57%
10-year dividend per share growth (CAGR)
0.80%
What the Analysts think about INDUS Holding AG
Analyst ratings (Buy, Hold, Sell) for INDUS Holding AG stock.
Analyst projections of the future price of INDUS Holding AG stock.
Bulls say / Bears say
INDUS sharply raised its 2026 adjusted EBITA guidance to €220–260 million from €160–190 million, as BETEK captured high-margin orders and market share amid the tungsten-carbide shortage. That gives near-term earnings momentum, although the uplift depends heavily on an unusual market situation. (EQS News, INDUS Holding AG)
Orders rose 22.5% in the first half across the group, with a book-to-bill ratio of 1.14, pointing to a growing pipeline rather than relying only on sales already delivered. The order backlog also increased 18.6% year on year to €789 million in the second quarter. (INDUS Holding AG, NuWays AG)
Performance outside Materials Solutions offers some evidence of broader improvement: Infrastructure’s first-half adjusted EBITA rose 30.2%, while Engineering’s second-quarter revenue and segment earnings increased year on year. INDUS also expects further acquisitions in 2026, which could expand its portfolio and support growth. (INDUS Holding AG, EQS News)
The earnings surge is unusually exposed to tungsten-carbide prices and supply restrictions, rather than representing a clearly established new baseline. INDUS says Materials Solutions margins are expected to ease as costs catch up, while renewed Chinese competition could weaken demand and customers’ willingness to pay. (EQS News, dpa-AFX)
The cash benefit from higher profits is being absorbed by working capital: INDUS lowered its free-cash-flow outlook from more than €70 million to at least break-even and said the funding need was partly met through additional borrowing. Further increases in working capital were still expected, leaving less room for acquisitions or shareholder returns if cash conversion disappoints. (EQS News, EQS News)
The share price had rallied about 60% since July, and NuWays downgraded the stock to Hold, saying it had reached its €41 target valuation. That leaves less valuation headroom unless earnings growth, acquisitions or the wider economic recovery exceed current expectations. (NuWays AG)
Data summarised monthly by Lightyear AI. Last updated on 8 Oct 2026.
INDUS Holding AG Financial Performance
Revenues and expenses
INDUS Holding AG Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing INDUS Holding AG
AllUSDEURGBP
Fund name | Fund size | €INH weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.06% |
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.06% |
iShares MSCI World Small Cap$WSML | $9B | 0.01% |
iShares MSCI World Small Cap£WLDS | $9B | 0.01% |
iShares MSCI World Small Cap€IUSN | $9B | 0.01% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.