Feedback on my first value analysis: Indus Holding AG

u/Finanz666 · Reddit — r/ValueInvesting · February 02, 2026 at 14:33 · ⬆ 3 pts · 💬 6 comments  | View on Reddit ↗
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Author's first value analysis argues Indus Holding AG (INH.DE) is an undervalued value play at €32.15, citing a 12.2 P/E, 1.11 P/B, Graham Number of €41.32, and 25+ years of dividends despite high debt-to-equity.

INH.DE — LONG The author claims Indus Holding AG is a value play at €32.15 because its €2.63 EPS gives a 12.2 P/E and 8.2% earnings yield, while book value of €28.85 gives a 1.11 P/B and nearly 90% equity-backed margin of safety. A Graham Number of €41.32 implies the stock is undervalued by about 22%, and the company has paid dividends for over 25 consecutive years including through 2008 and the pandemic. The main stated risk is a debt-to-equity ratio of 0.97 versus a <0.50 target, though the author sees acquisition-related debt as typical for a holding company.

This is my very first analysis of a stock, but to me, this looks like a value play, with a good current entry point right now.

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u/Finanz666 Reddit r/ValueInvesting
Undervalued German holding, 22% Graham margin of safety
The author claims Indus Holding AG is a value play at €32.15 because its €2.63 EPS gives a 12.2 P/E and 8.2% earnings yield, while book value of €28.85 gives a 1.11 P/B and nearly 90% equity-backed margin of safety. A Graham Number of €41.32 implies the stock is undervalued by about 22%, and the company has paid dividends for over 25 consecutive years including through 2008 and the pandemic. The main stated risk is a debt-to-equity ratio of 0.97 versus a <0.50 target, though the author sees acquisition-related debt as typical for a holding company.
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This Reddit post, published February 02, 2026, features u/Finanz666 discussing INH.DE. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/Finanz666  · Tickers: INH.DE