IHS Holding Limited IHS

8.43 0.01 0.12% as of 25 Sep
Market cap
$2.9B
P/E
20.1×

Insider Decisions

Total sells 2.83
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — 3 3 — — — — —
Insider Ownership 43.05%

Capital & Financial Ratios

Market Cap 2,850.00
Revenue 1,645.70
Net Income 119.50
Free Cash Flow 645.50
Net Debt 2,349.80
Current Ratio 1.93
Debt/Equity (18.75)
P/E ratio 20.07
P/S ratio 1.50
P/B ratio 0.00
Past 5Y EPS Growth (30.79%)
This Y EPS Growth 85.71%
Next Y EPS Growth 7.69%
Next 5Y EPS Growth 32.64%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2028 Powerpack
2027 Powerpack
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 294 578 826 1,074
Receivables 612 316 182 199
Inventory 41 31 42 47
Other — — — —
973 924 2,503 2,355
2023 2024 2025 Q'26
Payables 533 377 278 334
ST’ Debt 454 129 296 324
Other 68 10 499 407
1,222 648 1,203 1,223
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 2.43% (6.91%)
Cash Flow — 8.06% 1.05%
Earnings — 0.00% 0.00%
Book Value — 0.00% 0.00%

Revenue

Mar Jun Sep Dec Year
’26 415 429 — — —
’25 392 388 455 347 1,582
’24 418 435 420 254 1,527
’23 603 546 467 510 2,126
’22 446 468 521 526 1,961
’21 362 764 401 416 1,580
’20 — 664 368 739 1,403
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 229 150 — — —
’25 200 238 251 247 936
’24 76 135 175 344 729
’23 235 239 220 159 853
’22 148 191 286 282 907
’21 195 174 199 182 750
’20 — 216 502 134 635
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 183 113 — — —
’25 144 193 177 172 686
’24 10 73 125 280 487
’23 87 38 78 54 258
’22 31 45 112 161 350
’21 102 101 118 32 352
’20 — 216 340 69 408
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.22 (0.03) — — —
’25 0.10 0.10 0.44 (0.23) 0.42
’24 (4.67) (0.36) (0.61) 0.73 (4.90)
’23 0.03 (3.73) (0.79) (1.36) (5.93)
’22 0.05 (0.53) (0.11) (0.82) (1.39)
’21 (0.09) 0.00 (0.10) (0.23) (0.09)
’20 — 0.00 (0.06) 0.00 (1.02)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 12.34 4.91 4.12 2.18 2.90

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 18.48 14.23 10.13 4.56 8.00
High Price
— — — — 2,113 2,292 2,786 2,988 2,988 2,762
Employees
— — 0 0 1 1 1 1 1 1
Revenue/Emp
— — 1,168 1,231 1,403 1,580 1,961 2,126 1,527 1,582
Revenue
— — 34.33% 34.12% 40.25% 42.56% 41.01% 44.33% 51.96% 55.41%
Gross Margin
— — (86) (410) (153) (8) (544) (1,881) (1,411) 691
EBT
— — (7.36%) (33.30%) (10.89%) (0.52%) (27.74%) (88.48%) (92.37%) 43.67%
EBT Margin
— 0 (133) (410) (153) (8) (544) (1,881) (1,610) 120
Net Income
— — 317 385 409 383 469 436 363 376
Depreciation
— — 3.53 0.01 4.77 5.25 5.93 6.38 4.59 4.74
Revenue/Sh
— — (0.40) 0.00 (1.10) (0.09) (1.39) (5.93) (4.90) 0.43
Earnings/Sh
— — 0.92 0.00 2.16 2.49 2.74 2.56 2.19 2.80
Cash Flow/Sh
— — 0.00 0.00 (0.77) (1.32) (1.68) (1.79) (0.73) (0.75)
Capex/Sh
— — 0.92 0.00 1.39 1.17 1.06 0.77 1.46 2.05
Free CF/Sh
— — 0.00 0.01 4.16 5.79 4.11 1.04 (0.94) (0.27)
Book Value/Sh
— — 331 146,786 294 301 331 333 333 334
Shares
— — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 17.35
PE Ratio
— — 2.25 2.25 2.25 2.19 1.06 0.69 0.64 1.57
PS Ratio
— — 4.11 4.11 4.11 2.44 1.52 4.24 0.00 0.00
PB Ratio
— — 3.13 3.13 3.13 3.23 2.76 2.45 2.76 3.23
EV/Sales
— — 18.30 18.30 18.30 17.77 15.50 20.19 8.65 7.46
EV/FCF
— — 304 642 635 750 907 853 729 936
Op' Cash Flow
— — (378) (256) (227) (398) (558) (596) (242) (250)
Capex
— — 304 386 408 352 350 258 487 686
FCF
— — — 657 306 600 (13) (249) 276 1,300
Working Cap'
— — — 2,224 2,490 2,935 3,863 4,022 3,818 3,449
Total Debt
— — — 1,325 1,877 2,018 3,349 3,727 3,240 2,624
Net Debt
— — — 1,430 1,224 1,744 1,360 347 (314) (90)
Sh' Equity
— — 0.00% (20.34%) (7.48%) (0.52%) (7.74%) (33.83%) (33.96%) 3.29%
ROA
— — — (3.56%) 6.69% 6.45% 4.14% 8.14% 12.90% 20.26%
ROIC
— — 0.00% (32.08%) (24.26%) (1.74%) (29.58%) (231.51%) (9,904.72%) (71.05%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

IHS Holding Limited (IHS) key facts

  • IHS Holding Limited (IHS) is a Real Estate Services company in the Real Estate sector, listed on the New York Stock Exchange.
  • IHS Holding Limited’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 3.59% from fiscal 2024.
  • As of September 25, 2026, IHS traded at $8.43, a market capitalization of $2.9 billion.
  • Return on equity was −71.1% and debt-to-equity -18.75.

Source: company filings (standardised) and stockrow calculations.

IHS Holding Limited (IHS) Latest News

News by impact score

Fine-tune

11 Aug

3

IHS Holding Limited reported its second quarter 2026 financial results. Quarterly financial results provide key performance indicators that influence investor decisions and stock valuation.

7 Aug

4

IHS Towers completed the sale of its Latin America tower operations to Macquarie Asset Management. Divestiture of entire Latin America operations marks a major strategic exit that reshapes geographic focus and injects significant capital.

4

Macquarie Asset Management completed acquisition of IHS Towers South American tower operations. Divestiture of South American operations marks major strategic asset sale altering IHS geographic footprint and revenue base.

14 May

4

A fund invested $35 million in IHS Towers amid a major company shakeup, betting on its turnaround potential. $35 million fund bet during shakeup signals strong investor confidence, likely boosting IHS market sentiment and trajectory.

13 May

4

IHS Holding Limited (IHS) reported strong first-quarter 2026 earnings, prompting analysts to reassess its valuation amid positive performance indicators. Strong Q1 2026 earnings signal significant positive shifts in financial performance and investor sentiment for IHS.

12 May

4

IHS Holding Limited reported first quarter 2026 financial results. Quarterly financial results reporting significantly influences stock price, investor sentiment, and future performance expectations.

7 May

4

IHS Towers completed the sale of its 51.0% stake in I-Systems to TIM S.A. Divestment of non-core stake generates cash proceeds and refocuses IHS on primary African and Middle Eastern markets.

26 Mar

3

IHS Holding Limited stock surged 57% after CEO sold 87,000 shares, highlighting key investor considerations on insider activity, market momentum, and potential impacts on company outlook. CEO share sale during 57% stock surge suggests profit-taking amid positive momentum but introduces moderate uncertainty on long-term insider confidence.

16 Mar

4

IHS Holding Limited (IHS) beat Q4 earnings estimates. Beating Q4 earnings estimates positively impacts financial performance and investor sentiment.

4

IHS Holding Limited released Q4 earnings snapshot reporting key financial results for the quarter. Q4 earnings snapshot reveals financial performance directly affecting stock price and investor outlook.

4

IHS Holding Limited reported fourth quarter and full year 2025 financial results. Quarterly and annual financial results directly drive stock volatility and investor assessments of future performance.

6 Mar

4

ATEX standards fuel the emerging utility private LTE buildout cycle, creating fresh infrastructure demand for IHS Holding Limited. Utility private LTE expansion under ATEX standards unlocks major new revenue opportunities and market positioning for IHS.

1 Mar

5

IHS Holding Limited announces merger agreement with MTN Group. Merger agreement with MTN Group fundamentally redefines IHS Holding Limited's competitive position and long-term prospects.

17 Feb

5

IHS Towers announced a proposed sale to MTN Group Limited for approximately $6.2 billion. The proposed $6.2 billion acquisition by MTN fundamentally transforms IHS's ownership, strategy, and long-term prospects.

5

Wendel supports MTN’s offer to acquire IHS Towers, receiving full liquidity on its 19% stake for net proceeds of approximately $535 million. MTN's acquisition offer for IHS Towers, backed by major shareholder Wendel, promises full liquidity and fundamentally alters the company's ownership and future prospects.

4

Macquarie Asset Management will acquire IHS Towers' South American tower operations, including over 3,200 towers in Brazil, Chile, Colombia, and Peru, for $1 billion in cash. Divestiture of South American operations for $1 billion represents a major strategic shift that refocuses IHS on core African markets and bolsters its balance sheet.

4

IHS Towers agreed to sell its Latin America tower operations to Macquarie Asset Management, exiting the region to focus on core markets in Africa and the Middle East. Divestiture of Latin America operations marks a major strategic shift, enabling debt reduction and refocus on higher-growth African markets.

11 Feb

3

IHS Towers has agreed to sell its 51.0% stake in I-Systems to TIM S.A. as part of a strategic decision to streamline its operations and focus on core business areas. The transaction is expected to enhance IHS's financial position and allow TIM S.A. to strengthen its market presence in the telecommunications sector. The sale of the stake is a strategic move that may influence IHS's financial performance and competitive positioning.

5 Feb

4

IHS Towers has confirmed that it has received an approach from MTN Group Limited regarding a potential acquisition. This development indicates ongoing interest from major telecommunications players in IHS, which operates a significant number of telecom towers across various countries. The discussions are at an early stage, and no formal agreement has been reached yet. The potential acquisition could reshape the competitive landscape in the telecommunications infrastructure sector. A potential acquisition by MTN Group could significantly alter IHS's market position and investor sentiment.

3 Feb

4

IHS Holding Limited (IHS) experienced an 11.6% increase in stock price following the announcement of record free cash flow and reduced foreign exchange headwinds. The company reported strong financial performance, which has led to speculation about the sustainability of this growth and its implications for future market positioning. Analysts are evaluating whether these developments signify a shift in the company's long-term prospects. Record free cash flow and easing FX headwinds are likely to significantly enhance IHS's financial stability and growth potential.

2 Feb

4

IHS Holding Limited is positioned for growth due to increasing demand for telecommunications infrastructure in emerging markets. The company is expanding its tower portfolio and enhancing operational efficiencies, which are expected to drive revenue and profitability. Strategic partnerships and investments in technology are also highlighted as key factors that could bolster its competitive edge. Overall, IHS is seen as a strong player in the sector, with potential for significant returns as the market evolves. Expansion plans and strategic partnerships are likely to significantly impact future performance and investor sentiment.

7 Jan

4

IHS Holding Limited (IHS) has been identified as a strong buy stock for January 7th, indicating positive market sentiment and potential for growth. Analysts highlight the company's robust fundamentals and strategic positioning within the telecommunications infrastructure sector, suggesting that it is well-positioned to capitalize on increasing demand for connectivity solutions. Investors are encouraged to consider IHS as a promising addition to their portfolios, given its favorable outlook and market dynamics. IHS is poised for significant growth due to its strategic positioning in a high-demand sector.

4

IHS Holding Limited (IHS) has been identified as one of the best value stocks to consider for investment as of January 7th. The company is noted for its strong fundamentals and potential for growth in the telecommunications infrastructure sector. Analysts highlight its competitive positioning and financial metrics that suggest it may outperform peers in the coming months, making it an attractive option for value-focused investors. IHS is positioned for significant growth due to its strong fundamentals and competitive advantages in the telecommunications sector.

15 Dec

4

IHS Holding Limited (IHS) is projected by Wall Street analysts to potentially rally by 31.02%. This optimistic outlook is based on various factors influencing the company's market position and financial performance. Analysts are closely monitoring IHS's strategic initiatives and market dynamics that could contribute to this expected growth. Analysts' expectations of a significant rally indicate potential major strategic moves or shifts in market dynamics that could alter the company's trajectory.

11 Dec

4

IHS Holding Limited (IHS) shares rose 9.2% following a strong Q3 earnings report that exceeded expectations and an upward revision of guidance. The company attributed improved performance to advancements in artificial intelligence, which enhanced the efficiency of its tower operations. The raised guidance and AI-driven performance improvements indicate significant strategic advancements that could alter the company's trajectory.

10 Dec

4

IHS Holding Limited (IHS) has experienced a remarkable 143% surge in its share price year-to-date, prompting a reassessment of its valuation. Analysts are evaluating the factors contributing to this increase, including market trends and the company's strategic initiatives. The surge raises questions about sustainability and future performance, as investors weigh potential risks against growth prospects in the telecommunications infrastructure sector. The significant share price surge indicates major shifts in market dynamics and investor sentiment that could alter the company's trajectory.

4

IHS Holding Limited (IHS) is identified as a strong momentum stock, driven by its robust financial performance and strategic positioning in the telecommunications infrastructure sector. The company has shown significant growth potential, supported by increasing demand for mobile connectivity and data services. Analysts suggest that IHS's operational efficiency and expansion plans could enhance its market presence, making it an attractive investment opportunity for those seeking growth stocks. The overall market sentiment towards IHS remains positive, indicating a favorable outlook for potential investors. IHS's strong financial performance and strategic growth initiatives are likely to significantly impact its future market position.

3

IHS Holding Limited has experienced a remarkable 136.5% rally in 2025, raising questions about whether it is still a viable investment option. Analysts are evaluating the sustainability of this growth and the potential for future performance, considering market conditions and company fundamentals. Investors are urged to assess the implications of this surge and whether it signals a lasting trend or a temporary spike. The significant rally indicates potential investor interest, but sustainability remains uncertain amid market fluctuations.

9 Dec

4

IHS Holding Limited (IHS) is highlighted as one of three communication stocks poised to benefit from the strengthening telecommunications industry. The article emphasizes the company's strategic positioning and growth potential amid increasing demand for communication infrastructure and services. IHS is expected to leverage its market presence to capitalize on emerging opportunities, enhancing its competitive edge in the sector. The strengthening telecommunications industry is likely to significantly impact IHS's growth and market performance.

2 Dec

4

Earnings estimates for IHS Holding Limited (IHS) have been rising, indicating positive market sentiment and potential growth for the company. Analysts are optimistic about IHS's future performance, suggesting that the upward revisions in earnings forecasts could lead to increased investor interest and stock price appreciation. The overall outlook appears favorable as the company navigates its operational landscape. Rising earnings estimates suggest significant positive momentum that could influence investor sentiment and market performance.

stockrow.com/IHS · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com