
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT
- About
IHS Holding Ltd (IHS)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/28/2025: IHS (1-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $9.21
1 Year Target Price $9.21
4 | Strong Buy |
2 | Buy |
1 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -11.24% | Avg. Invested days 36 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.44B USD | Price to earnings Ratio 22 | 1Y Target Price 9.21 |
Price to earnings Ratio 22 | 1Y Target Price 9.21 | ||
Volume (30-day avg) 7 | Beta 0.87 | 52 Weeks Range 2.44 - 7.52 | Updated Date 08/29/2025 |
52 Weeks Range 2.44 - 7.52 | Updated Date 08/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.33 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-08-12 | When - | Estimate 0.05 | Actual 0.11 |
Profitability
Profit Margin 6.41% | Operating Margin (TTM) 34.25% |
Management Effectiveness
Return on Assets (TTM) 7.96% | Return on Equity (TTM) -6379.67% |
Valuation
Trailing PE 22 | Forward PE 18.87 | Enterprise Value 5738484071 | Price to Sales(TTM) 1.41 |
Enterprise Value 5738484071 | Price to Sales(TTM) 1.41 | ||
Enterprise Value to Revenue 3.31 | Enterprise Value to EBITDA 14.7 | Shares Outstanding 335520992 | Shares Floating 126125699 |
Shares Outstanding 335520992 | Shares Floating 126125699 | ||
Percent Insiders 31.83 | Percent Institutions 48.35 |
Upturn AI SWOT
IHS Holding Ltd
Company Overview
History and Background
IHS Holding Ltd was founded in 2001 and is one of the largest independent owners, operators, and developers of shared telecommunications infrastructure in the world. Initially focused on Nigeria, it expanded across Africa, Latin America and the Middle East. It provides infrastructure services to mobile network operators.
Core Business Areas
- Tower Leasing: Leasing tower space to mobile network operators (MNOs) for their equipment, providing a recurring revenue stream.
- Managed Services: Providing operations and maintenance services for towers, including power management, security, and monitoring.
- New Sites and Infrastructure Development: Building new towers and related infrastructure to expand network coverage and capacity.
- Small Cells and Fiber: Deploying small cell networks and fiber optic infrastructure to enhance network performance in urban areas.
Leadership and Structure
Sam Darwish is the Chairman and CEO. The company has a board of directors and operates with a regional management structure.
Top Products and Market Share
Key Offerings
- Tower Leasing: The company leases space on its towers to mobile network operators, providing a vital service for expanding network coverage. Competitors include American Tower, Cellnex, and local tower companies. Exact Market Share is difficult to determine because it varies country by country but is a major part of IHS' revenue.
- Managed Services: IHS manages and maintains towers, ensuring they operate efficiently and reliably. This includes power management, security, and maintenance. Competitors include Helios Towers and Eaton Towers. Exact market share data is not readily available but is another key revenue stream.
Market Dynamics
Industry Overview
The telecommunications infrastructure industry is experiencing growth driven by increasing demand for mobile data and the rollout of 4G and 5G networks. Demand is strongest in emerging markets like Africa.
Positioning
IHS Holding Ltd is a leading independent tower operator, primarily focused on emerging markets. Its competitive advantage lies in its extensive tower portfolio and its operational expertise in challenging environments.
Total Addressable Market (TAM)
The global telecom tower market is estimated to be worth hundreds of billions of dollars. IHS is positioned to capture a portion of this market by focusing on developing regions with high growth potential. TAM is estimated to be $50 Billion annually in emerging markets.
Upturn SWOT Analysis
Strengths
- Extensive tower portfolio in emerging markets
- Strong relationships with MNOs
- Experienced management team
- Operational expertise in challenging environments
Weaknesses
- High debt levels
- Exposure to currency fluctuations in emerging markets
- Reliance on a limited number of key customers
- Complex regulatory environment
Opportunities
- Expansion into new markets
- Acquisition of smaller tower companies
- Development of new tower technologies
- Increased demand for data in emerging markets
Threats
- Increased competition from other tower companies
- Political and economic instability in emerging markets
- Technological obsolescence
- Changes in government regulations
Competitors and Market Share
Key Competitors
- AMT
- SBAC
- CCI
Competitive Landscape
IHS competes with large global tower companies, as well as smaller regional players. IHS' advantage lies in its focus on emerging markets, but it faces challenges from larger, more established competitors.
Major Acquisitions
Kcell Towers
- Year: 2023
- Acquisition Price (USD millions): 71
- Strategic Rationale: Expands IHS' presence into Central Asia, providing access to a new market and diversifying its revenue streams.
Growth Trajectory and Initiatives
Historical Growth: Discuss IHS Holding Ltd's growth trends over the past years by reviewing past reports. Look at previous acquisitions
Future Projections: Provide projections for IHS Holding Ltd's future growth based on analyst estimates. This can be obtained by reviewing sites like Yahoo Finance and Bloomberg.
Recent Initiatives: Highlight recent strategic initiatives undertaken by IHS Holding Ltd. Review press releases and investor reports for strategic initiatives.
Summary
IHS Holding Ltd. is a key player in the telecommunications infrastructure market, particularly in emerging economies, with a strong focus on tower leasing and managed services. Its strengths lie in its extensive tower portfolio and expertise in challenging environments. However, high debt and currency risks pose challenges. Growth depends on expanding into new markets and capitalizing on increased data demand.
Peer Comparison
Sources and Disclaimers
Data Sources:
- IHS Holding Ltd. investor relations
- SEC filings
- Analyst reports (Yahoo Finance, Bloomberg)
- Industry reports
Disclaimers:
This analysis is based on publicly available information and should not be considered financial advice. Market conditions are dynamic, and investment decisions should be made based on individual circumstances and thorough research.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About IHS Holding Ltd
Exchange NYSE | Headquaters - | ||
IPO Launch date 2021-10-14 | Chairman & Group CEO Engineer Sam Darwish | ||
Sector Real Estate | Industry Real Estate Services | Full time employees 2864 | Website https://www.ihstowers.com |
Full time employees 2864 | Website https://www.ihstowers.com |
IHS Holding Limited, together with its subsidiaries, develops, owns, and operates shared communications infrastructure in Nigeria, Sub-Saharan Africa, the Middle East and North Africa, and Latin America. It offers colocation and lease agreement, build-to-suit, in-building, small cell, fiber connectivity, and rural telephony solutions to mobile network operators, internet service providers, security functions, and private corporations. IHS Holding Limited was founded in 2001 and is based in London, the United Kingdom.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.