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IHS HOLDING LTD (IHS) Stock Fundamental Analysis

USA - NYSE:IHS - KYG4701H1092 - Common Stock

6.84 USD
-0.08 (-1.16%)
Last: 9/19/2025, 8:19:03 PM
6.83 USD
-0.01 (-0.15%)
After Hours: 9/19/2025, 8:19:03 PM
Fundamental Rating

4

Taking everything into account, IHS scores 4 out of 10 in our fundamental rating. IHS was compared to 35 industry peers in the Diversified Telecommunication Services industry. While IHS is still in line with the averages on profitability rating, there are concerns on its financial health. IHS may be a bit undervalued, certainly considering the very reasonable score on growth


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

In the past year IHS was profitable.
In the past year IHS had a positive cash flow from operations.
IHS had negative earnings in each of the past 5 years.
IHS had a positive operating cash flow in each of the past 5 years.
IHS Yearly Net Income VS EBIT VS OCF VS FCFIHS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 0 500M -500M -1B -1.5B

1.2 Ratios

IHS has a Return On Assets (-1.03%) which is comparable to the rest of the industry.
IHS has a Return On Invested Capital of 14.82%. This is amongst the best in the industry. IHS outperforms 97.14% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for IHS is above the industry average of 6.32%.
The 3 year average ROIC (9.60%) for IHS is below the current ROIC(14.82%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA -1.03%
ROE N/A
ROIC 14.82%
ROA(3y)-27.43%
ROA(5y)-18%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)9.6%
ROIC(5y)8.76%
IHS Yearly ROA, ROE, ROICIHS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 -500 -1K -1.5K

1.3 Margins

IHS has a better Operating Margin (39.62%) than 97.14% of its industry peers.
IHS's Operating Margin has improved in the last couple of years.
IHS has a Gross Margin (51.75%) which is comparable to the rest of the industry.
IHS's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 39.62%
PM (TTM) N/A
GM 51.75%
OM growth 3Y3.33%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.27%
GM growth 5Y6.43%
IHS Yearly Profit, Operating, Gross MarginsIHS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 -50

3

2. Health

2.1 Basic Checks

IHS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, IHS has more shares outstanding
Compared to 5 years ago, IHS has more shares outstanding
Compared to 1 year ago, IHS has a worse debt to assets ratio.
IHS Yearly Shares OutstandingIHS Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 100M 200M 300M
IHS Yearly Total Debt VS Total AssetsIHS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

IHS has an Altman-Z score of -0.58. This is a bad value and indicates that IHS is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.58, IHS is doing worse than 88.57% of the companies in the same industry.
IHS has a debt to FCF ratio of 6.65. This is a slightly negative value and a sign of low solvency as IHS would need 6.65 years to pay back of all of its debts.
The Debt to FCF ratio of IHS (6.65) is better than 80.00% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 6.65
Altman-Z -0.58
ROIC/WACC1.76
WACC8.43%
IHS Yearly LT Debt VS Equity VS FCFIHS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B

2.3 Liquidity

IHS has a Current Ratio of 1.27. This is a normal value and indicates that IHS is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Current ratio value of 1.27, IHS is doing good in the industry, outperforming 65.71% of the companies in the same industry.
A Quick Ratio of 1.21 indicates that IHS should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.21, IHS is in the better half of the industry, outperforming 65.71% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.27
Quick Ratio 1.21
IHS Yearly Current Assets VS Current LiabilitesIHS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 500M 1B

4

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 104.46% over the past year.
The Revenue for IHS has decreased by -19.49% in the past year. This is quite bad
IHS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.81% yearly.
EPS 1Y (TTM)104.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%127.78%
Revenue 1Y (TTM)-19.49%
Revenue growth 3Y2.7%
Revenue growth 5Y6.81%
Sales Q2Q%-0.48%

3.2 Future

The Earnings Per Share is expected to grow by 21.72% on average over the next years. This is a very strong growth
IHS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.19% yearly.
EPS Next Y107.21%
EPS Next 2Y44.88%
EPS Next 3Y28.74%
EPS Next 5Y21.72%
Revenue Next Year1.93%
Revenue Next 2Y3.7%
Revenue Next 3Y4.4%
Revenue Next 5Y5.19%

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
IHS Yearly Revenue VS EstimatesIHS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B 2B
IHS Yearly EPS VS EstimatesIHS Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 0 -2 -4

7

4. Valuation

4.1 Price/Earnings Ratio

IHS is valuated rather expensively with a Price/Earnings ratio of 21.38.
IHS's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.38. IHS is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 14.06 indicates a correct valuation of IHS.
IHS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. IHS is cheaper than 71.43% of the companies in the same industry.
IHS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.86.
Industry RankSector Rank
PE 21.38
Fwd PE 14.06
IHS Price Earnings VS Forward Price EarningsIHS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

91.43% of the companies in the same industry are more expensive than IHS, based on the Enterprise Value to EBITDA ratio.
IHS's Price/Free Cash Flow ratio is rather cheap when compared to the industry. IHS is cheaper than 100.00% of the companies in the same industry.
Industry RankSector Rank
P/FCF 3.86
EV/EBITDA 5.35
IHS Per share dataIHS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 4 -4

4.3 Compensation for Growth

IHS's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of IHS may justify a higher PE ratio.
IHS's earnings are expected to grow with 28.74% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.2
PEG (5Y)N/A
EPS Next 2Y44.88%
EPS Next 3Y28.74%

0

5. Dividend

5.1 Amount

IHS does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

IHS HOLDING LTD

NYSE:IHS (9/19/2025, 8:19:03 PM)

After market: 6.83 -0.01 (-0.15%)

6.84

-0.08 (-1.16%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)08-12 2025-08-12/bmo
Earnings (Next)11-10 2025-11-10/bmo
Inst Owners22.39%
Inst Owner Change0%
Ins Owners6.35%
Ins Owner Change0%
Market Cap2.29B
Analysts80
Price Target9.86 (44.15%)
Short Float %0.2%
Short Ratio0.48
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)876.64%
Min EPS beat(2)31.31%
Max EPS beat(2)1721.96%
EPS beat(4)2
Avg EPS beat(4)119.93%
Min EPS beat(4)-886.1%
Max EPS beat(4)1721.96%
EPS beat(8)2
Avg EPS beat(8)-4862.14%
EPS beat(12)2
Avg EPS beat(12)-3671.69%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)3.76%
Min Revenue beat(2)2.24%
Max Revenue beat(2)5.28%
Revenue beat(4)4
Avg Revenue beat(4)2.41%
Min Revenue beat(4)0.65%
Max Revenue beat(4)5.28%
Revenue beat(8)8
Avg Revenue beat(8)3.08%
Revenue beat(12)12
Avg Revenue beat(12)3.56%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)8.61%
PT rev (3m)9.85%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.31%
EPS NY rev (1m)0%
EPS NY rev (3m)13.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.34%
Valuation
Industry RankSector Rank
PE 21.38
Fwd PE 14.06
P/S 1.32
P/FCF 3.86
P/OCF 2.69
P/B N/A
P/tB N/A
EV/EBITDA 5.35
EPS(TTM)0.32
EY4.68%
EPS(NY)0.49
Fwd EY7.11%
FCF(TTM)1.77
FCFY25.93%
OCF(TTM)2.54
OCFY37.2%
SpS5.17
BVpS-1.05
TBVpS-4.37
PEG (NY)0.2
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -1.03%
ROE N/A
ROCE 18.76%
ROIC 14.82%
ROICexc 17.89%
ROICexgc 28.3%
OM 39.62%
PM (TTM) N/A
GM 51.75%
FCFM 34.34%
ROA(3y)-27.43%
ROA(5y)-18%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)9.6%
ROIC(5y)8.76%
ROICexc(3y)10.85%
ROICexc(5y)10.15%
ROICexgc(3y)17.62%
ROICexgc(5y)16.87%
ROCE(3y)12.16%
ROCE(5y)11.08%
ROICexcg growth 3Y10.15%
ROICexcg growth 5YN/A
ROICexc growth 3Y14.01%
ROICexc growth 5YN/A
OM growth 3Y3.33%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.27%
GM growth 5Y6.43%
F-Score5
Asset Turnover0.39
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF 6.65
Debt/EBITDA 3.48
Cap/Depr 70.93%
Cap/Sales 14.92%
Interest Coverage 1.87
Cash Conversion 81.22%
Profit Quality N/A
Current Ratio 1.27
Quick Ratio 1.21
Altman-Z -0.58
F-Score5
WACC8.43%
ROIC/WACC1.76
Cap/Depr(3y)110.28%
Cap/Depr(5y)98.41%
Cap/Sales(3y)24.14%
Cap/Sales(5y)22.85%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)104.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%127.78%
EPS Next Y107.21%
EPS Next 2Y44.88%
EPS Next 3Y28.74%
EPS Next 5Y21.72%
Revenue 1Y (TTM)-19.49%
Revenue growth 3Y2.7%
Revenue growth 5Y6.81%
Sales Q2Q%-0.48%
Revenue Next Year1.93%
Revenue Next 2Y3.7%
Revenue Next 3Y4.4%
Revenue Next 5Y5.19%
EBIT growth 1Y37.21%
EBIT growth 3Y6.12%
EBIT growth 5YN/A
EBIT Next Year148.18%
EBIT Next 3Y38.06%
EBIT Next 5Y26.84%
FCF growth 1Y47.54%
FCF growth 3Y9.8%
FCF growth 5Y3.71%
OCF growth 1Y-14.13%
OCF growth 3Y-0.94%
OCF growth 5Y2.59%