IHS Holding Limited (IHS) vs Opendoor Technologies Inc. (OPEN)

IHS Holding Limited and Opendoor Technologies Inc. are both Real Estate Services companies. IHS Holding Limited is the larger, with a market value of $2.9B against $2.5B — 1.1× the size. Opendoor Technologies Inc. has negative trailing earnings, so its P/E is not meaningful; IHS Holding Limited trades at 20.1×. IHS Holding Limited grew revenue faster over the last twelve months: 13.2% against −37.2%. IHS Holding Limited has the higher net margin (8.63% vs −46.7%) and the higher return on invested capital (20.2% vs −17.1%). Across the 17 metrics below, IHS Holding Limited leads on 13 and Opendoor Technologies Inc. on 4.

Valuation

Metric IHS OPEN Real Estate Services median
P/E 20.07 n/m 16.25
P/S 1.50 0.76 1.12
P/B n/m 2.72 1.32
Price to free cash flow 3.83 n/m 13.29
EV/EBITDA 5.68 n/m 10.22
EV/Sales 2.93 1.07 1.16
Earnings yield 4.98% (67.32%) 0.99%
Free cash flow yield 26.10% (19.15%) (0.97%)

Profitability

Metric IHS OPEN Real Estate Services median
Gross margin 53.48% 8.64% 26.81%
Operating margin 42.57% (16.01%) 0.00%
Net margin 8.63% (46.74%) 0.11%
Free cash flow margin 39.22% (14.57%) 0.00%
Return on equity (101.14%) (196.89%) 0.94%
Return on assets 3.21% (51.84%) 0.00%
Return on invested capital 20.20% (17.07%) 0.00%

Growth

Metric IHS OPEN Real Estate Services median
Revenue growth (TTM) 13.15% (37.19%) 4.33%
EPS growth (last fiscal year) 108.57% (203.57%) —
Revenue growth, 5-year CAGR 2.43% (11.43%) 4.05%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric IHS OPEN Real Estate Services median
Debt to equity (18.75) 2.14 0.08
Current ratio 1.93 2.94 1.95
Net debt to EBITDA 2.19 (0.05) 0.54

Dividend

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

Size

Metric IHS OPEN Real Estate Services median
Market cap 2.85b 2.48b 218.52m

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