INDHF (Indus Holding AG) Debt-to-EBITDA : 3.28 (As of Mar. 2026) — Near Median

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INDHF Indus Holding AG INDHF
79 GF Score
Price $24.45
GF Value $22.13
! 3 Warning Signs
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What is Indus Holding AG Debt-to-EBITDA?

Indus Holding AG INDHF 79 Debt-to-EBITDA is 3.28 as of Mar. 2026, which is 7% above its 10-year median of 3.07. GuruFocus rates INDHF with a GF Score™ of 79/100 and a GF Value™ of $22.13. The stock has 3 warning signs investors should review. Among 459 Conglomerates companies, Indus Holding AG ranks worse than 55.77% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Indus Holding AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $154 Mil. Indus Holding AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $739 Mil. Indus Holding AG's annualized EBITDA for the quarter that ended in Mar. 2026 was $272 Mil. Indus Holding AG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.28.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Indus Holding AG's Debt-to-EBITDA or its related term are showing as below:

INDHF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.57   Med: 3.07   Max: 4.53
Current: 3.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of Indus Holding AG was 4.53. The lowest was 2.57. And the median was 3.07.

INDHF's Debt-to-EBITDA is ranked worse than
55.77% of 459 companies
in the Conglomerates industry
Industry Median: 2.71 vs INDHF: 3.25

Indus Holding AG  (OTCPK:INDHF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Indus Holding AG Debt-to-EBITDA Related Terms


Indus Holding AG Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Indus Holding AG's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Indus Holding AG Debt-to-EBITDA Chart

Indus Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 3.33 3.09 3.19 3.48

Indus Holding AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.30 3.86 2.72 3.26 3.28

INDHF vs MMM, HON: Debt-to-EBITDA Comparison

For the Conglomerates subindustry, Indus Holding AG's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Indus Holding AG Debt-to-EBITDA vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Indus Holding AG's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Indus Holding AG's Debt-to-EBITDA falls into.


INDHF
79GF Score
Indus Holding AG INDHF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indus Holding AG Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Indus Holding AG's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(136.351 + 755.496) / 256.208
=3.48

Indus Holding AG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(154.434 + 739.251) / 272.456
=3.28

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.28 mean?
Indus Holding AG (INDHF) has a Debt-to-EBITDA of 3.28 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Indus Holding AG. This is near median its historical median of 3.07. Over the past decade, Indus Holding AG's Debt-to-EBITDA has ranged from 2.57 to 4.53. According to the industry distribution chart, Indus Holding AG ranks #256 out of 459 companies in the Conglomerates industry, placing it in the top 55.8%.
Is Indus Holding AG's Debt-to-EBITDA too high?
Indus Holding AG's current Debt-to-EBITDA of 3.28 is near median its 10-year median of 3.07. Over the past 10 years, this metric has ranged from a low of 2.57 to a high of 4.53. The Conglomerates industry median Debt-to-EBITDA is 2.71. Indus Holding AG's value of 3.28 is 21% above this industry median. Based on the distribution chart, Indus Holding AG ranks #256 out of 459 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Indus Holding AG has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Indus Holding AG's Debt-to-EBITDA compare to MMM and HON?
According to the Conglomerates industry distribution chart, Indus Holding AG ranks #256 out of 459 companies for Debt-to-EBITDA. This places Indus Holding AG in the lower half of its industry. The industry median Debt-to-EBITDA is 2.71. Indus Holding AG's value of 3.28 is 21% above this benchmark. Historically, Indus Holding AG's own Debt-to-EBITDA has ranged from 2.57 to 4.53 over the past decade. While the company's 10-year median is 3.07 vs. the industry median of 2.71, Indus Holding AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Conglomerates company?
The median Debt-to-EBITDA among Conglomerates companies is 2.71, based on 459 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indus Holding AG's current Debt-to-EBITDA of 3.28 is 21% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Indus Holding AG. For the Conglomerates industry, the median Debt-to-EBITDA is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Holding AG's current Debt-to-EBITDA is 3.28, which is near median its own 10-year median of 3.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Holding AG stock overvalued right now?
Indus Holding AG (INDHF) has a current Debt-to-EBITDA of 3.28. The stock's GF Value™ is $22.13, compared to a current price of $24.45 — trading 10.5% above its estimated fair value. The current Debt-to-EBITDA is 3.28, which is near median its 10-year median of 3.07 and 21% above the Conglomerates industry median of 2.71. Indus Holding AG's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Indus Holding AG (INDHF), the current Debt-to-EBITDA is 3.28 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Indus Holding AG (INDHF) Overvalued in 2026?

Based on GuruFocus' analysis, Indus Holding AG stock appears to be overvalued. The current stock price of $24.45 is trading 10.5% above its estimated GF Value™ of $22.13.

Key valuation signals for INDHF:

  • Debt-to-EBITDA: 3.28 (near median its 10-year median of 3.07)
  • GF Value™: $22.13 vs. price of $24.45 (10.5% above fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 21% above the Conglomerates median (#256 of 459)

No single metric tells the full story. See the INDHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indus Holding AG Business Description

Address Kolner Strasse 32, Bergisch Gladbach, NW, DEU, 51429
Indus Holding AG is a holding company investing in small and midsize enterprises in German-speaking regions. The company has three segments namely: Engineering, Infrastructure and Materials Solutions. It derives maximum revenue from Materials Solutions Segment.
79GF Score

Get the complete analysis for INDHF

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.45
Price
$22.13
GF Value