IHS Holding Ltd

IHS Holding Ltd

IHS · NYSE · Real Estate / Real Estate Services

8.42USD+0.01 (+0.12%)

Price History

Full chart

Market Stats

Previous Close8.41
Open8.44
Day Range8.39 – 8.46
52-Week Range5.71 – 8.95
Volume2.17M
Market Cap2.85B
P/E (TTM)5.17
Forward P/E9.31
EPS1.63
Dividend Yield0.00%
Beta0.74
50-Day Avg8.34
200-Day Avg8.12

About

IHS Holding Limited, together with its subsidiaries, develops, owns, and operates shared communications infrastructure in Nigeria, Cameroon, Côte d'Ivoire, South Africa, and Zambia. The company offers colocation and lease amendment services, which allows customers to lease space on existing towers alongside current tenants, install additional equipment on a tower, and request for ancillary services; build-to-suit sites; in-building solutions and distributed antenna systems, which allows customers to lease space in secure locations within large building complexes, such as shopping malls, stadiums, and airports; non-intrusive small cell installation services on commercial premises, lampposts, and poles; fiber-to-the-tower connectivity services; rural telephony services; and managed services, including maintenance, security, and power supply services. It serves communication service providers, mobile network operators, internet service providers, broadcasters, security functions, and private corporations. IHS Holding Limited was founded in 2001 and is based in London, the United Kingdom.

Company Details

  • SectorReal Estate
  • IndustryReal Estate Services
  • CEOEngineer Sam Darwish
  • Employees2.34K
  • Headquarters1 Cathedral Piazza, London, United Kingdom, SW1E 5BP, USA
  • Websitehttps://www.ihstowers.com

Leadership

  • Engineer Sam DarwishChairman & Group CEO · b. 1971
  • Engineer William S. SaadCo-Founder, Executive VP, Group COO & Executive Director · b. 1972
  • Mr. Mohamad DarwishCo-Founder, Executive VP & CEO of IHS Nigeria · b. 1980
  • Mr. Steve HowdenExecutive VP & Group CFO · b. 1983
  • Mr. Mustafa TharooExecutive VP & Group General Counsel · b. 1974
  • Mr. Ayotade OyinlolaExecutive VP & Chief Human Resources Officer · b. 1975
  • Mr. Sandile MsimangoVP & CEO of IHS South Africa

Financials

Income Statement

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue550.77M844.03M967.30M1.08B1.33B1.53B1.84B2.23B726.74M905.61M1.11B1.17B1.23B1.40B1.58B1.96B2.13B1.71B1.58B
Growth (%)-+53.25%+14.60%+11.18%+23.26%+15.41%+20.31%+21.20%-67.42%+24.61%+22.23%+5.52%+5.39%+13.98%+12.58%+24.15%+8.37%-19.49%-7.55%
Cost of Revenue252.42M372.73M410.02M457.88M558.49M624.51M748.18M879.05M522.25M634.66M710.75M766.73M810.97M838.42M907.39M1.16B1.08B890.53M717.80M
Gross Profit298.35M471.30M557.28M617.58M767.15M905.36M1.09B1.35B204.49M270.94M396.20M401.36M420.09M564.73M672.34M804.30M1.04B820.69M864.20M
Gross Margin54.17%55.84%57.61%57.42%57.87%59.18%59.35%60.59%28.14%29.92%35.79%34.36%34.12%40.25%42.56%41.01%48.97%47.96%54.63%
Operating Expense218.16M337.79M377.47M430.84M594.68M698.07M894.24M1.05B205.58M242.75M203.22M195.42M577.19M232.78M283.97M492.05M510.16M341.55M598.10M
Operating Income80.19M133.51M179.82M186.74M172.47M207.29M198.20M303.59M-1.09M28.20M192.99M205.93M-157.10M331.94M388.37M312.25M530.65M479.15M266.10M
Operating Margin14.56%15.82%18.59%17.36%13.01%13.55%10.77%13.61%-0.15%3.11%17.43%17.63%-12.76%23.66%24.58%15.92%24.97%28.00%16.82%
EBITDA55.79M102.37M144.75M246.82M261.50M326.55M358.11M506.73M183.29M298.23M517.07M419.65M186.10M468.08M591.49M252.65M-998.47M-794.75M1.39B
EBITDA Margin10.13%12.13%14.96%22.95%19.73%21.34%19.46%22.72%25.22%32.93%46.71%35.93%15.12%33.36%37.44%12.88%-46.97%-46.44%87.85%
Net Income56.34M98.99M134.96M141.31M135.41M158.17M131.73M194.55M-435.65M-826.39M-425.45M-132.77M-423.49M-321.99M-25.83M-459.01M-1.98B-1.63B143.60M
Net Income Margin10.23%11.73%13.95%13.14%10.22%10.34%7.16%8.72%-59.95%-91.25%-38.43%-11.37%-34.40%-22.95%-1.64%-23.40%-92.99%-95.37%9.08%
Interest Expense847.00K2.48M2.22M2.04M11.35M20.57M44.58M55.38M70.98M-0186.25M209.85M209.63M216.75M320.64M437.44M443.56M317.30M
Interest Expense % of Total Revenue0.15%0.29%0.23%0.19%0.86%1.34%2.42%2.48%9.77%-0.00%15.95%17.05%14.94%13.72%16.35%20.58%25.92%20.06%

Balance Sheet

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.23B1.42B1.67B552.73M3.07B3.55B5.36B5.35B4.62B4.05B4.00B3.82B4.16B4.45B5.54B6.32B5.36B4.28B4.49B
Total Liabilities1.32B1.44B1.68B33.53M1.69B1.96B3.45B3.19B2.13B2.56B2.52B2.49B2.73B3.22B3.80B4.96B5.02B4.57B4.58B
Total Equity840.91M801.05M1.01B519.20M1.38B1.58B1.91B2.16B2.27B1.42B1.47B1.33B1.43B1.21B1.52B1.13B109.85M-454.58M-251.30M
Cash148.48M31.04M124.20M200.74M234.69M345.01M258.37M153.16M619.33M476.08M646.20M633.45M898.80M585.42M916.49M514.08M293.82M577.96M825.70M
Total Debt6.12M192.04M185.15M38.11M803.47M1.06B2.17B1.84B1.48B2.00B1.98B1.90B2.24B2.52B2.99B3.95B4.11B3.90B3.51B
Net Debt-142.36M161.00M60.95M-162.63M568.79M716.02M1.92B1.69B862.53M1.53B1.33B1.26B1.34B1.93B2.07B3.44B3.82B3.32B2.68B

Cash Flow

Currency: USD2007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow141.74M189.25M234.69M266.19M342.05M314.37M496.15M628.10M249.51M415.51M456.11M462.31M641.94M635.26M750.19M907.30M853.45M729.30M669.50M
Investing Cash Flow-133.83M-284.95M-154.04M-371.26M-793.24M-375.26M-1.59B-335.45M-1.45B-805.88M-344.31M-264.60M-235.81M-758.51M-877.95M-1.52B-722.25M63.18M-64.60M
Financing Cash Flow-37.98M-3.51M407.00K181.60M482.82M179.41M1.01B-397.86M903.63M349.53M113.17M-202.78M-138.32M-128.14M524.26M398.24M-162.30M-431.00M-335.10M
Capital Expenditure11.89M13.88M27.74M31.84M54.34M64.73M90.73M114.45M668.87M592.43M248.64M378.02M258.28M229.20M402.48M559.37M598.77M269.01M252.00M
Free Cash Flow129.85M175.36M206.96M234.35M287.71M249.64M405.42M513.65M-419.36M-176.91M207.47M84.28M383.66M406.06M347.71M347.93M254.68M460.29M417.50M
Dividends Paid-----------00000000
FCF to OCF91.61%92.66%88.18%88.04%84.11%79.41%81.71%81.78%-168.07%-42.58%45.49%18.23%59.77%63.92%46.35%38.35%29.84%63.11%62.36%
Dividend Paid to FCF-----------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Earnings

Report DateSep 16, 2021Nov 16, 2021Mar 15, 2022May 17, 2022Aug 16, 2022Nov 15, 2022Mar 28, 2023May 23, 2023Aug 15, 2023Nov 14, 2023Mar 12, 2024May 14, 2024Aug 13, 2024Nov 12, 2024Mar 10, 2025May 20, 2025Aug 12, 2025Nov 12, 2025Mar 16, 2026May 19, 2026Aug 11, 2026Nov 11, 2026
EPS Estimate0.50-0.07-0.200.04-0.050.060.040.240.150.030.04-0.010.120.080.080.080.050.130.110.200.12-
EPS Actual0.490.10-0.120.05-0.44-0.14-0.820.03-3.73-0.79-1.36-4.67-0.36-0.610.730.100.100.44-0.230.22-0.04-
Surprise-1.00%242.86%40.00%25.00%-780.00%-333.33%-2150.00%-87.50%-2586.67%-2733.33%-3500.00%-46600.00%-400.00%-862.50%811.36%25.00%100.00%238.46%-309.09%10.45%-133.33%-
TimingAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-market-

Key Statistics & Ratios

Market Cap2.85B
Enterprise Value5.27B
Trailing P/E5.17
Forward P/E9.31
Price / Sales1.73
Price / Book1.96
EPS1.63
Book Value-0.537
Revenue (TTM)1.65B
Gross Profit (TTM)889.10M
EBITDA700.60M
Profit Margin8.64%
Operating Margin20.49%
Return on Equity-6379.67%
Return on Assets7.76%
Shares Outstanding338.34M
Shares Float106.34M
Beta0.74
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 7 analystsTarget 8.17
  • Strong Buy
    4
  • Buy
    2
  • Hold
    1

Ownership Breakdown

Institutions
59.76%
Insiders
37.83%
Retail / Other
2.41%

Top Institutional Holders

  • Wendel SE
    62.98M18.61%
  • Korea Investment Corp.
    21.67M6.40%
  • UBS Group AG
    16.49M4.87%
  • PSquared Asset Management AG
    4.32M1.28%
  • HSBC Holdings PLC
    4.06M1.20%
  • Quaker Capital Investments, LLC
    3.82M1.13%
  • Qube Research & Technologies
    3.68M1.09%
  • Sand Grove Capital Management LLP
    3.42M1.01%
  • Fidelity International Ltd
    3.25M0.96%
  • Arrowstreet Capital Limited Partnership
    2.59M0.76%
  • Millennium Management LLC
    2.47M0.73%
  • Renaissance Technologies Corp
    2.26M0.67%
  • Morgan Stanley - Brokerage Accounts
    1.55M0.46%
  • The Goldman Sachs Group Inc
    1.48M0.44%
  • Acadian Asset Management LLC
    1.46M0.43%
  • Cnh Partners, LLC
    1.40M0.42%

Top Fund Holders

  • Fidelity Canadian Large Cp Mlt Ast Bs O
    7.30M2.16%
  • Scotia Wealth Global High Yield Pool M
    3.50M1.03%
  • Fidelity Global Equity+ Fund - F8
    3.23M0.95%
  • Symphonia Patrimonio Attivo R
    1.74M0.51%