IHS Holding Limited (IHS) vs Marcus & Millichap, Inc. (MMI)

IHS Holding Limited and Marcus & Millichap, Inc. are both Real Estate Services companies. IHS Holding Limited is the larger, with a market value of $2.9B against $1.2B — 2.5× the size. IHS Holding Limited trades at the lower P/E: 20.1× against 81.2×. IHS Holding Limited grew revenue faster over the last twelve months: 13.2% against 11.9%. IHS Holding Limited has the higher net margin (8.63% vs 1.77%) and the higher return on invested capital (20.2% vs 1.61%). Across the 20 metrics below, IHS Holding Limited leads on 16 and Marcus & Millichap, Inc. on 4.

Valuation

Metric IHS MMI Real Estate Services median
P/E 20.07 81.24 16.25
P/S 1.50 1.39 1.12
P/B n/m 1.94 1.32
Price to free cash flow 3.83 13.32 13.29
EV/EBITDA 5.68 48.66 10.22
EV/Sales 2.93 1.22 1.16
Earnings yield 4.98% 1.23% 0.99%
Free cash flow yield 26.10% 7.51% (0.97%)

Profitability

Metric IHS MMI Real Estate Services median
Gross margin 53.48% 37.72% 26.81%
Operating margin 42.57% 1.17% 0.00%
Net margin 8.63% 1.77% 0.11%
Free cash flow margin 39.22% 10.41% 0.00%
Return on equity (101.14%) 2.42% 0.94%
Return on assets 3.21% 1.84% 0.00%
Return on invested capital 20.20% 1.61% 0.00%

Growth

Metric IHS MMI Real Estate Services median
Revenue growth (TTM) 13.15% 11.89% 4.33%
EPS growth (last fiscal year) 108.57% 84.38% —
Revenue growth, 5-year CAGR 2.43% 1.05% 4.05%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric IHS MMI Real Estate Services median
Debt to equity (18.75) 0.00 0.08
Current ratio 1.93 2.92 1.95
Net debt to EBITDA 2.19 156.54 0.54

Dividend

Metric IHS MMI Real Estate Services median
Dividend yield — 1.33% 1.33%
Payout ratio 0.00 1.35 0.00

Size

Metric IHS MMI Real Estate Services median
Market cap 2.85b 1.15b 218.52m

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