XETRINH
Market cap533mUSD
Dec 23, Last price
19.90EUR
1D
1.22%
1Q
-8.72%
Jan 2017
-61.43%
IPO
-5.42%
Name
Indus Holding AG
Chart & Performance
Profile
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 ($22.05 million) and 100 million ($110.28 million), EBIT between 2 million ($2.66 million) and 10 million ($13.28 million), equity ratio above 30 percent, and a double digit operating 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.
Valuation
Title EUR in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 1,807,806 0.20% | 1,804,109 3.60% | 1,741,498 11.74% | |||||||
Cost of revenue | 1,379,489 | 994,050 | 953,588 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 428,317 | 810,059 | 787,910 | |||||||
NOPBT Margin | 23.69% | 44.90% | 45.24% | |||||||
Operating Taxes | 55,767 | 43,041 | 51,509 | |||||||
Tax Rate | 13.02% | 5.31% | 6.54% | |||||||
NOPAT | 372,550 | 767,018 | 736,401 | |||||||
Net income | 55,437 -23.94% | 72,890 55.72% | 46,809 -274.00% | |||||||
Dividends | (21,516) | (28,240) | (21,517) | |||||||
Dividend yield | ||||||||||
Proceeds from repurchase of equity | 120,942 | |||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 153,857 | 140,734 | 163,168 | |||||||
Long-term debt | 695,177 | 650,783 | 572,411 | |||||||
Deferred revenue | 83,516 | 87,517 | ||||||||
Other long-term liabilities | 75,632 | 882 | 2,262 | |||||||
Net debt | 556,177 | 651,639 | 580,105 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 217,657 | 116,339 | 116,574 | |||||||
CAPEX | (51,133) | (54,540) | (75,598) | |||||||
Cash from investing activities | (50,083) | (94,438) | (130,363) | |||||||
Cash from financing activities | (501) | 55,905 | (44,470) | |||||||
FCF | 404,632 | 791,518 | 683,560 | |||||||
Balance | ||||||||||
Cash | 265,843 | 127,816 | 136,320 | |||||||
Long term investments | 27,014 | 12,062 | 19,154 | |||||||
Excess cash | 202,467 | 49,673 | 68,399 | |||||||
Stockholders' equity | 400,159 | 367,078 | 469,331 | |||||||
Invested Capital | 1,364,845 | 1,412,194 | 1,424,377 | |||||||
ROIC | 26.83% | 54.08% | 53.89% | |||||||
ROCE | 26.40% | 53.10% | 51.12% | |||||||
EV | ||||||||||
Common stock shares outstanding | 26,896 | 26,896 | 26,333 | |||||||
Price | ||||||||||
Market cap | ||||||||||
EV | ||||||||||
EBITDA | 517,565 | 938,822 | 892,892 | |||||||
EV/EBITDA | ||||||||||
Interest | 21,184 | 19,693 | 14,667 | |||||||
Interest/NOPBT | 4.95% | 2.43% | 1.86% |