IHS HOLDING LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.53 USD | +2.62% |
|
+6.33% | -23.26% |
| Mar. 19 | Barclays Adjusts Price Target on IHS Holding to $6 From $8, Keeps Overweight Rating | MT |
| Mar. 13 | TD Cowen Adjusts Price Target on IHS Holding to $15 From $19, Maintains Outperform Rating | MT |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 4,626 | 2,040 | 1,533 | 1,172 | - | - |
| Enterprise Value (EV) 1 | 6,694 | 2,040 | 5,352 | 4,770 | 4,765 | 4,694 |
| P/E ratio | -157 x | -4.42 x | -0.78 x | 6 x | 5.12 x | 6.38 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 2.93 x | 1.04 x | 0.72 x | 0.68 x | 0.63 x | 0.61 x |
| EV / Revenue | 4.24 x | 1.04 x | 2.52 x | 2.76 x | 2.58 x | 2.43 x |
| EV / EBITDA | 7.23 x | 1.98 x | 4.73 x | 5 x | 4.66 x | 4.3 x |
| EV / FCF | 19 x | - | 12.4 x | 13.3 x | 12.5 x | 13.8 x |
| FCF Yield | 5.27% | - | 8.09% | 7.52% | 7.99% | 7.22% |
| Price to Book | 2.68 x | - | 13.9 x | -11.5 x | -5.04 x | -3.47 x |
| Nbr of stocks (in thousands) | 328,054 | 331,688 | 333,193 | 331,920 | - | - |
| Reference price 2 | 14.10 | 6.150 | 4.600 | 3.530 | 3.530 | 3.530 |
| Announcement Date | 3/15/22 | 3/28/23 | 3/12/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 1,580 | 1,961 | 2,126 | 1,730 | 1,851 | 1,932 |
| EBITDA 1 | - | 926.4 | 1,031 | 1,133 | 953.4 | 1,023 | 1,090 |
| EBIT 1 | - | 388.4 | 312.4 | 530.7 | 495.1 | 501.1 | 550.5 |
| Operating Margin | - | 24.58% | 15.93% | 24.97% | 28.62% | 27.08% | 28.49% |
| Earnings before Tax (EBT) 1 | -152.9 | -8.141 | -543.8 | -1,881 | 187.6 | 219.3 | 244.7 |
| Net income 1 | -322 | -25.83 | -460.4 | -1,977 | 196.6 | 232 | 187.2 |
| Net margin | - | -1.64% | -23.48% | -92.99% | 11.37% | 12.54% | 9.69% |
| EPS 2 | - | -0.0900 | -1.390 | -5.930 | 0.5881 | 0.6893 | 0.5531 |
| Free Cash Flow 1 | - | 352.8 | - | 432.8 | 358.6 | 381 | 339 |
| FCF margin | - | 22.33% | - | 20.36% | 20.73% | 20.59% | 17.55% |
| FCF Conversion (EBITDA) | - | 38.08% | - | 38.21% | 37.61% | 37.24% | 31.09% |
| FCF Conversion (Net income) | - | - | - | - | 182.38% | 164.21% | 181.08% |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 9/17/21 | 3/15/22 | 3/28/23 | 3/12/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 400.5 | 415.6 | 446.1 | 467.7 | 521.3 | 526.2 | 602.5 | 546.2 | 467 | 509.8 | 394 | 421.2 | 442 | 455.4 | 437.6 |
| EBITDA 1 | 219.7 | 216.6 | 244.9 | 239.1 | 274.7 | 272.7 | 335.4 | 303.7 | 232 | 274.2 | 200.3 | 232.8 | 249.9 | 259.3 | 247.5 |
| EBIT 1 | 60.07 | 78.63 | 164.6 | 96.48 | 131.4 | -26.71 | 194.9 | 166.6 | 7.478 | 174.3 | 94.38 | 122 | 135.5 | 142.1 | - |
| Operating Margin | 15% | 18.92% | 36.89% | 20.63% | 25.21% | -5.08% | 32.35% | 30.5% | 1.6% | 34.18% | 23.96% | 28.97% | 30.65% | 31.19% | - |
| Earnings before Tax (EBT) 1 | -2.916 | -121.8 | 34.1 | -160.5 | -93.45 | -323.1 | 22.88 | -1,191 | -248.7 | -438.4 | 7.037 | 44.11 | 60.75 | 70.26 | - |
| Net income 1 | -30.02 | -73.13 | 18.31 | -175.7 | -46.53 | -272.8 | 10.47 | -1,245 | -263.4 | -453.6 | -1.81 | 21.95 | 32.76 | 38.81 | - |
| Net margin | -7.5% | -17.6% | 4.11% | -37.56% | -8.93% | -51.85% | 1.74% | -227.89% | -56.39% | -88.98% | -0.46% | 5.21% | 7.41% | 8.52% | - |
| EPS 2 | -0.1000 | -0.2300 | 0.0500 | -0.5300 | -0.1400 | -0.8200 | 0.0300 | -3.730 | -0.7900 | -1.360 | -0.0370 | 0.1121 | 0.1010 | 0.2010 | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/16/21 | 3/15/22 | 5/17/22 | 8/16/22 | 11/15/22 | 3/28/23 | 5/23/23 | 8/15/23 | 11/14/23 | 3/12/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 2,069 | - | 3,819 | 3,598 | 3,594 | 3,522 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 2.233 x | - | 3.372 x | 3.774 x | 3.513 x | 3.23 x |
| Free Cash Flow 1 | - | 353 | - | 433 | 359 | 381 | 339 |
| ROE (net income / shareholders' equity) | - | -1.85% | - | -318% | -1.5% | -13.8% | 4.82% |
| ROA (Net income/ Total Assets) | - | -0.52% | - | -33.8% | 2.83% | 3.58% | 3.92% |
| Assets 1 | - | 4,961 | - | 5,843 | 6,955 | 6,486 | 4,777 |
| Book Value Per Share 2 | - | 5.260 | - | 0.3300 | -0.3100 | -0.7000 | -1.020 |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex 1 | - | 402 | - | 576 | 443 | 446 | 494 |
| Capex / Sales | - | 25.48% | - | 27.1% | 25.62% | 24.1% | 25.56% |
| Announcement Date | 9/17/21 | 3/15/22 | 3/28/23 | 3/12/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
3.53
USD
Average target price
8.6
USD
Spread / Average Target
+143.63%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -23.26% | 1.17B | |
| +2.26% | 192B | |
| -0.18% | 120B | |
| +23.66% | 72.46B | |
| -2.36% | 57.97B | |
| +24.90% | 23.92B | |
| +9.95% | 16.07B | |
| -10.14% | 15.66B | |
| +4.97% | 9.6B | |
| -15.58% | 9.2B |
- Stock Market
- Equities
- IHS Stock
- Financials IHS Holding Limited
