IHS Holding Limited (IHS) vs Newmark Group, Inc. (NMRK)

IHS Holding Limited and Newmark Group, Inc. are both Real Estate Services companies. IHS Holding Limited is the larger, with a market value of $2.9B against $2.4B — 1.2× the size. Newmark Group, Inc. trades at the lower P/E: 15.7× against 20.1×. Newmark Group, Inc. grew revenue faster over the last twelve months: 20.8% against 13.2%. IHS Holding Limited has the higher net margin (8.63% vs 4.11%) and the higher return on invested capital (20.2% vs 7.76%). Across the 21 metrics below, Newmark Group, Inc. leads on 13 and IHS Holding Limited on 8.

Valuation

Metric IHS NMRK Real Estate Services median
P/E 20.07 15.73 16.25
P/S 1.50 0.65 1.12
P/B n/m 1.34 1.32
Price to free cash flow 3.83 2.92 13.29
EV/EBITDA 5.68 4.57 10.22
EV/Sales 2.93 0.78 1.16
Earnings yield 4.98% 6.36% 0.99%
Free cash flow yield 26.10% 34.19% (0.97%)

Profitability

Metric IHS NMRK Real Estate Services median
Gross margin 53.48% 100.00% 26.81%
Operating margin 42.57% 7.66% 0.00%
Net margin 8.63% 4.11% 0.11%
Free cash flow margin 39.22% 22.13% 0.00%
Return on equity (101.14%) 9.12% 0.94%
Return on assets 3.21% 2.80% 0.00%
Return on invested capital 20.20% 7.76% 0.00%

Growth

Metric IHS NMRK Real Estate Services median
Revenue growth (TTM) 13.15% 20.82% 4.33%
EPS growth (last fiscal year) 108.57% 80.38% —
Revenue growth, 5-year CAGR 2.43% 11.57% 4.05%
Net income growth, 5-year CAGR 0.00% 9.53% 0.00%

Health

Metric IHS NMRK Real Estate Services median
Debt to equity (18.75) 0.50 0.08
Current ratio 1.93 0.55 1.95
Net debt to EBITDA 2.19 0.57 0.54

Dividend

Metric IHS NMRK Real Estate Services median
Dividend yield — 1.14% 1.33%
Payout ratio 0.00 0.67 0.00

Size

Metric IHS NMRK Real Estate Services median
Market cap 2.85b 2.37b 218.52m

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