IHS Holding IHS

NYSE IHS
$8.48 +0.04 (+0.41%)
As of: Nov 10, 2026 · 1:29 PM EST

IHS Holding (IHS) stock price is $8.48, up 0.41% on the day, as of Nov 10, 2026. It has a market cap of $2.84Bn and a P/E ratio of 19.99, and is classified in the Tower REITs industry (Real Estate sector).

Key Stats
Market Cap2.84 Bn
P/E19.99
FCF (Yr)718.70 Mn
ROA (Yr)2.90
EV to EBIT-1.02
Net Income (Yr)126.80 Mn
Enterprise Value-723.51 Mn
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About

IHS Holding Limited is an independent owner operator and developer of shared communications infrastructure. The company provides tower infrastructure and related services to mobile network operators and other customers in emerging markets across Africa and Latin America. As of December 31 2025 it operated approximately 37 590 towers in five African countries and two Latin American countries. IHS Holding Limited also offers fiber connectivity services such as fiber to the…

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Sector: Real Estate Sector rationale The company's primary revenue is generated by leasing space on its communication towers to mobile network operators through colocation arrangements, which aligns with the Tower REITs industry in the Real Estate sector. A secondary sector of Technology is justified because the company also provides fiber connectivity services, including fiber to the home, which constitutes a distinct business line of data infrastructure and connectivity services. Industries: Tower REITs Tower REITs Primary IHS Holding owns and operates approximately 37,590 communication towers leased to mobile network operators like MTN and Airtel. Its primary revenue is generated through colocation arrangements and leasing space on these towers. Commercial Real Estate Services Commercial Real Estate Services Secondary The company provides managed services, including power supply, security, and maintenance for third-party owned towers, which are fee-based commercial real estate services. Classified using BQ-MICS CIK: 0001876183

Segments [axis] Breakdown of Revenue (2025)

History

Geographical areas [axis] Breakdown of Revenue (2025)

History
Peer percentiles

How IHS Holding ranks

Ranked against the 11 companies in Infrastructure REITs58 metrics · as of Nov 6, 2026

Valuation

12 metrics · Lower multiples rank higher; a negative multiple ranks last
  • P/E 19.9xMedian 25.1x 90th
  • P/FCF 4.19xMedian 19.1x 99th
  • P/Operating cash flow 3.23xMedian 15.5x 99th
  • P/S 1.82xMedian 6.48x 89th
  • P/BNegative shareholder equity −15.5xMedian 2.29x Not meaningful —
  • P/Tangible bookNegative tangible equity −6.06xMedian 1.72x Not meaningful —
  • EV/EBITDA —Median 17.9x No data —
  • EV/EBIT 6.86xMedian 23.2x 90th
  • EV/Revenue 3.12xMedian 9.40x 99th
  • EV/FCF 7.18xMedian 31.0x 99th
  • EV/Operating cash flow 5.53xMedian 22.3x 99th
  • PEG (3Y EPS CAGR) 0.71Median 0.67 Too few peers —
Peer group

Peer Comparison

Companies in the Tower REITs
View all peers
S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 AMT American Tower Corp /Ma/ 86.72 Bn26.177.8837.58 Bn
2 DLR Digital Realty Trust, Inc. 67.98 Bn76.749.5819.49 Bn
3 CCI Crown Castle Inc. 37.11 Bn45.159.0917.80 Bn
4 SBAC Sba Communications Corp 19.86 Bn20.156.9612.90 Bn
5 LAMR Lamar Advertising Co/New 16.11 Bn29.006.933.51 Bn
6 OUT OUTFRONT Media Inc. 5.53 Bn22.602.862.53 Bn
7 IHS IHS Holding Ltd 2.84 Bn19.991.833.11 Bn
8 AD Array Digital Infrastructure, Inc. 2.59 Bn4.8412.130.67 Bn