# IHS Holding Limited share price today (IHS Holding Limited, IHS)

> IHS Holding Limited's balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers. IHS · Real Estate · Real Estate Services · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/ihs

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## Key numbers

- Price: $8.44 (+23.2% in a year)
- P/E: 20.6× (lower than 62% of the last 4.6 years)
- Revenue (Jun 2026): $429 M (+10.4% on a year ago)
- Profit (Jun 2026): −$7.5 M (−123.2% on a year ago)
- Operating margin: 20.5% (−17.7 points on a year ago)
- ROE: −141%, FY25

Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. ## What is the IHS Holding Limited share price today? IHS Holding Limited's share price was $8.44 at the close on 3 November 2026. It has been rising for 81 weeks. That is 2.2% above its average price over the last 200 trading days. In the last 52 weeks it traded between $6 and $8, and at that close it sat 99% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 2 weeks in a row. Over the last 5.1 years the share price moved −49% while the S&P 500 moved +69%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does IHS Holding Limited pay? IHS Holding Limited pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is IHS Holding Limited on? IHS Holding Limited is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is IHS Holding Limited profitable? IHS Holding Limited posted a net loss of $7.5 M in the Jun 2026 quarter. Full-year FY25 profit was $127 M. That loss is 1.7% of the quarter's revenue. The same quarter a year earlier earned $32.3 M. 5 of the last 9 reported quarters were loss-making. Jun 2026 profit was −$7.5 M, −123.2% on a year earlier. ## How much revenue does IHS Holding Limited make, and is it growing? IHS Holding Limited reported $429 M of revenue in the Jun 2026 quarter, +10.4% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown 0.0% a year on average. The last full year, FY25, came in at $1.6 B. The last four reported quarters add to $1.7 B. The quarterly figures for FY23 do not add up to the full-year total on file, so those quarters are left out of the charts and sums. FY25 revenue was $1.6 B, +3.6% on the year before. Recent pace: the last four quarters grew +8.2% on average, against 0.0% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much of every $100 of sales does IHS Holding Limited keep? IHS Holding Limited's operating margin was 20.5% in the Jun 2026 quarter, 17.7 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 25.0% and 41.5%. The latest quarter is below every full year in that period. Across 5 years it has been between 25.0% and 41.5%, and FY25's 41.5% is the highest of them. Why the margin moved: operating margin changed −17.7 percentage points on the year while gross margin changed −7.5 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is IHS Holding Limited's profit turning into cash? IHS Holding Limited's cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $936 M of operating cash against $127 M of profit. After $252 M of spending on assets, $684 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does IHS Holding Limited's cash go? IHS Holding Limited does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $1.1 B on assets over the last 3 years. Averaged over those years that is 23.0% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $1.1 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is IHS Holding Limited's P/E ratio, and how does it compare with its own history? IHS Holding Limited's P/E is 20.6×, in the middle of its own history: higher than 38% of past readings. Its usual P/E (the middle reading) is 70.8×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the IHS Holding Limited business getting better or worse? IHS Holding Limited's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 5 quarters of 0 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The return-on-capital line is not shown: net worth is negative, so a return on capital means nothing. The balance sheet is in distress, and this reading uses the growth lines alone. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does IHS Holding Limited earn on its capital? IHS Holding Limited earned a ROE of −141% in FY25. That is up from a low of −572% in FY23. Its return on capital used (ROIC) is 6.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 8.0% net margin and 0.35× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 8.0% net margin × 0.35× asset turnover × −50.00× leverage (assets divided by equity) ≈ −140.0% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 14.8% − 8.2% = +6.6 percentage points. The 8.2% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. The 14.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 16.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does IHS Holding Limited have too much debt? IHS Holding Limited's net worth is negative: it owes more than it owns, so a debt-to-equity ratio means nothing here. Year by year, that ratio went from 1.71 in FY21 to −39.09 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the IHS Holding Limited shareholding pattern? 3.4% of IHS Holding Limited's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is IHS Holding Limited from balance-sheet trouble? For IHS Holding Limited, the Z-score is −0.73. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of −0.73 is inside the danger zone, so the balance sheet is a real risk. ## How does IHS Holding Limited rank in its industry? 62.0 out of 100, rank 3 of 27 in Real Estate Services, with 56% of the evidence available. IHS Holding Limited scores 62.0 out of 100 against the 27 companies it is compared with in Real Estate Services, ranking 3. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 17.4 + 18.9 + 10.4 + 15.3 = 62. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is IHS Holding Limited compared with? IHS Holding Limited ranks 3 of 27 Real Estate Services companies on the 4-Factor Sector Score, with 62.0 out of 100. 1. Comstock Holding Companies, Inc. CHCI · breaking out · Sector-leading setup · 81% evidence 81.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.8/35 · Revenue 37.5% · Profit 66.7% · Operating margin change 15.7 points · 83% evidence Capital efficiency 20.0/25 · ROCE 19.2% · Operating margin 29.4% · 76% evidence Valuation 15.9/20 · P/E 6.6× · PEG 0.12 · 65% evidence Relative strength 19.6/20 · Lead over its industry 31.6% · Lead over S&P 500 19.1% · 1 year 23.1% · 100% evidence · 11 of 12 weeks ahead Exact sum: 25.8 + 20 + 15.9 + 19.6 = 81.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Jones Lang LaSalle Incorporated](https://www.sectoralpha.in/us/stocks/jll) JLL · turning · Most evidence points up · 81% evidence 73.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.4/35 · Revenue 11.2% · Profit 77.6% · Operating margin change 1.1 points · 83% evidence Capital efficiency 15.8/25 · ROCE 12.8% · Operating margin 4.6% · 76% evidence Valuation 15.1/20 · P/E 14.4× · PEG 0.44 · 65% evidence Relative strength 17.6/20 · Lead over its industry 22.2% · Lead over S&P 500 9.2% · 1 year 25% · 100% evidence · 6 of 12 weeks ahead Exact sum: 25.4 + 15.8 + 15.1 + 17.6 = 73.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. IHS Holding Limited this page IHS · turning · Too little evidence to rank firmly · 56% evidence 62.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.4/35 · Revenue n/a · Profit n/a · Operating margin change -17.6 points · 39% evidence Capital efficiency 18.9/25 · ROCE 22.6% · Operating margin 20.5% · 76% evidence Valuation 10.4/20 · P/E 14.8× · PEG n/a · 15% evidence Relative strength 15.3/20 · Lead over its industry 11.2% · Lead over S&P 500 -0.1% · 1 year 27.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 17.4 + 18.9 + 10.4 + 15.3 = 62 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [Transcontinental Realty Investors, Inc.](https://www.sectoralpha.in/us/stocks/tci) TCI · breaking out · Too little evidence to rank firmly · 55% evidence 57.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.4/35 · Revenue 4.2% · Profit 14.3% · Operating margin change -11.4 points · 40% evidence Capital efficiency 11.1/25 · ROCE n/a · Operating margin -18.2% · 30% evidence Valuation 12.9/20 · P/E 32.2× · PEG 0.52 · 65% evidence Relative strength 18.7/20 · Lead over its industry 21.6% · Lead over S&P 500 8.2% · 1 year 6.6% · 100% evidence · 3 of 12 weeks ahead Exact sum: 14.4 + 11.1 + 12.9 + 18.7 = 57.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [The RMR Group Inc.](https://www.sectoralpha.in/us/stocks/rmr) RMR · basing · Evidence leans up · 81% evidence 55.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.0/35 · Revenue 13.8% · Profit 0% · Operating margin change -6.5 points · 83% evidence Capital efficiency 17.7/25 · ROCE 11.4% · Operating margin 20.6% · 76% evidence Valuation 13.9/20 · P/E 18.3× · PEG 0.48 · 65% evidence Relative strength 6.2/20 · Lead over its industry -0.9% · Lead over S&P 500 -10.8% · 1 year 4.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18 + 17.7 + 13.9 + 6.2 = 55.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Newmark Group, Inc.](https://www.sectoralpha.in/us/stocks/nmrk) NMRK · basing · Evidence leans up · 81% evidence 52.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.9/35 · Revenue 20.8% · Profit 97.3% · Operating margin change -0.7 points · 83% evidence Capital efficiency 12.0/25 · ROCE 7.4% · Operating margin 4.9% · 76% evidence Valuation 12.6/20 · P/E 18.1× · PEG 0.86 · 65% evidence Relative strength 3.5/20 · Lead over its industry -16.2% · Lead over S&P 500 -25.6% · 1 year -31.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 23.9 + 12 + 12.6 + 3.5 = 52 · What this means: Earnings are strong; relative strength in its sector is -16.2% and the one-year return is -31.6%. 7. [Marcus & Millichap, Inc.](https://www.sectoralpha.in/us/stocks/mmi) MMI · basing · Evidence leans up · 64% evidence 51.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.4/35 · Revenue 11.8% · Profit n/a · Operating margin change 6.4 points · 62% evidence Capital efficiency 8.1/25 · ROCE 1.4% · Operating margin 1.1% · 76% evidence Valuation 8.9/20 · P/E 82.1× · PEG n/a · 15% evidence Relative strength 11.9/20 · Lead over its industry 5.6% · Lead over S&P 500 -5.4% · 1 year -3% · 100% evidence · 2 of 12 weeks ahead Exact sum: 22.4 + 8.1 + 8.9 + 11.9 = 51.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Cushman & Wakefield Limited](https://www.sectoralpha.in/us/stocks/cwk) CWK · turning · Evidence leans up · 71% evidence 50.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.8/35 · Revenue 11% · Profit -66.5% · Operating margin change 0 points · 83% evidence Capital efficiency 12.5/25 · ROCE 9.3% · Operating margin 4.9% · 76% evidence Valuation 9.0/20 · P/E 45.4× · PEG n/a · 15% evidence Relative strength 13.5/20 · Lead over its industry 4.9% · Lead over S&P 500 -6.8% · 1 year -13.4% · 100% evidence · 2 of 12 weeks ahead Exact sum: 15.8 + 12.5 + 9 + 13.5 = 50.8 · What this means: Relative strength against the index is -6.8%, and revenue and profit growth are weak. 9. [FirstService Corporation](https://www.sectoralpha.in/us/stocks/fsv) FSV · turning · Evidence leans up · 85% evidence 50.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.2/35 · Revenue 3.7% · Profit 6.5% · Operating margin change -0.4 points · 95% evidence Capital efficiency 14.8/25 · ROCE 9.8% · Operating margin 7.3% · 76% evidence Valuation 4.7/20 · P/E 38.3× · PEG 4.63 · 65% evidence Relative strength 15.6/20 · Lead over its industry 9.6% · Lead over S&P 500 -2.4% · 1 year -1.7% · 100% evidence · 2 of 12 weeks ahead Exact sum: 15.2 + 14.8 + 4.7 + 15.6 = 50.3 · What this means: Relative strength against the index is -2.4%, and revenue and profit growth are weak. 10. [CBRE Group, Inc.](https://www.sectoralpha.in/us/stocks/cbre) CBRE · basing · Evidence leans down · 85% evidence 47.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.3/35 · Revenue 14.5% · Profit 12.5% · Operating margin change -1 points · 95% evidence Capital efficiency 12.2/25 · ROCE 5.9% · Operating margin 3.9% · 76% evidence Valuation 8.8/20 · P/E 26.9× · PEG 1.76 · 65% evidence Relative strength 9.9/20 · Lead over its industry -0.1% · Lead over S&P 500 -11.2% · 1 year -11.2% · 100% evidence · 3 of 12 weeks ahead Exact sum: 16.3 + 12.2 + 8.8 + 9.9 = 47.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Seaport Entertainment Group Inc.](https://www.sectoralpha.in/us/stocks/seg) SEG · quiet · Too little evidence to rank firmly · 53% evidence 45.7 out of 100 Growth Capital Valuation Relative
12. [Colliers International Group Inc.](https://www.sectoralpha.in/us/stocks/cigi) CIGI · turning · Evidence leans down · 81% evidence 45.2 out of 100 Growth Capital Valuation Relative
13. [Compass, Inc.](https://www.sectoralpha.in/us/stocks/comp) COMP · quiet · Evidence leans down · 64% evidence 44.7 out of 100 Growth Capital Valuation Relative
14. [CoStar Group, Inc.](https://www.sectoralpha.in/us/stocks/csgp) CSGP · breaking out · Evidence leans down · 81% evidence 42.0 out of 100 Growth Capital Valuation Relative
15. [The Real Brokerage Inc.](https://www.sectoralpha.in/us/stocks/reax) REAX · basing · Evidence leans down · 64% evidence 41.2 out of 100 Growth Capital Valuation Relative
16. [RE/MAX Holdings, Inc.](https://www.sectoralpha.in/us/stocks/rmax) RMAX · Too little evidence to rank firmly · 51% evidence 40.9 out of 100 Growth Capital Valuation Relative
17. [AGNT, Inc](https://www.sectoralpha.in/us/stocks/agnt) AGNT · basing · Evidence leans down · 64% evidence 40.2 out of 100 Growth Capital Valuation Relative
18. [FRP Holdings, Inc.](https://www.sectoralpha.in/us/stocks/frph) FRPH · basing · Too little evidence to rank firmly · 52% evidence 36.0 out of 100 Growth Capital Valuation Relative
19. [Maui Land & Pineapple Company, Inc.](https://www.sectoralpha.in/us/stocks/mlp) MLP · quiet · Most evidence points down · 64% evidence 34.7 out of 100 Growth Capital Valuation Relative
20. Douglas Elliman Inc. DOUG · basing · Most evidence points down · 64% evidence 33.4 out of 100 Growth Capital Valuation Relative
21. [Opendoor Technologies Inc.](https://www.sectoralpha.in/us/stocks/open) OPEN · basing · Most evidence points down · 64% evidence 22.6 out of 100 Growth Capital Valuation Relative
22. [American Realty Investors, Inc.](https://www.sectoralpha.in/us/stocks/arl) ARL · turning · Too little evidence to rank firmly · 45% evidence 55.0 out of 100 Growth Capital Valuation Relative
23. New England Realty Associates Limited Partnership NEN · quiet · Too little evidence to rank firmly · 32% evidence 46.9 out of 100 Growth Capital Valuation Relative
24. Rafael Holdings, Inc. RFL · Too little evidence to rank firmly · 15% evidence 43.0 out of 100 Growth Capital Valuation Relative
25. Star Holdings STHO · Too little evidence to rank firmly · 44% evidence 40.9 out of 100 Growth Capital Valuation Relative
26. [Hotel101 Global Holdings Corp.](https://www.sectoralpha.in/us/stocks/hbnb) HBNB · basing · Too little evidence to rank firmly · 39% evidence 40.8 out of 100 Growth Capital Valuation Relative
27. Seritage Growth Properties SRG · Too little evidence to rank firmly · 25% evidence 39.3 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Real Estate Services](https://www.sectoralpha.in/us/sectors/real-estate-services), all 27 compared on one page. ## Which companies are close to IHS Holding Limited in size? IHS Holding Limited is the 10th largest of 24 Real Estate Services companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Colliers International Group Inc., Cushman & Wakefield and Newmark Group, Inc. Just below it: Opendoor Technologies Inc., Hotel101 Global Holdings Corp. and IRSA Inversiones y Representaciones Sociedad Anónima. ### Real Estate Services companies close in size

1. [Colliers International Group Inc.](https://www.sectoralpha.in/us/stocks/cigi) $5.3 billion
2. [Cushman & Wakefield Limited](https://www.sectoralpha.in/us/stocks/cwk) $3.2 billion
3. [Newmark Group, Inc.](https://www.sectoralpha.in/us/stocks/nmrk) $2.9 billion
4. IHS Holding Limited $2.8 billion
5. [Opendoor Technologies Inc.](https://www.sectoralpha.in/us/stocks/open) $1.7 billion
6. [Hotel101 Global Holdings Corp.](https://www.sectoralpha.in/us/stocks/hbnb) $1.2 billion
7. [IRSA Inversiones y Representaciones Sociedad Anónima](https://www.sectoralpha.in/us/stocks/irs) $1.1 billion

[All 24 Real Estate Services companies, largest first](https://www.sectoralpha.in/us/sectors/real-estate-services#all-companies)

### Companies close in size in other industries

1. [Tootsie Roll Industries, Inc.](https://www.sectoralpha.in/us/stocks/tr) $2.9 billion · Confectioners
2. [DNOW Inc.](https://www.sectoralpha.in/us/stocks/dnow) $2.9 billion · Industrial Distribution
3. IHS Holding Limited $2.9 billion
4. [Cipher Digital Inc.](https://www.sectoralpha.in/us/stocks/cifr) $2.8 billion · Information Technology Services
5. [AMC Entertainment Holdings, Inc.](https://www.sectoralpha.in/us/stocks/amc) $2.8 billion · Entertainment

## What else do people ask about IHS Holding Limited? ### What were IHS Holding Limited Limited's latest quarterly results? IHS Holding Limited reported revenue of $429 M and a net loss of $7.5 M for the Jun 2026 quarter. Revenue rose 10.4% and profit fell 123.2% compared with a year earlier. Earnings per share were −$0.03. The operating margin was 20.5%, 17.7 percentage points lower than a year earlier (as of 3 November 2026). ### What is IHS Holding Limited Limited's market cap? IHS Holding Limited's market capitalisation is $2.8 B at a stock price of $8.44. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is IHS Holding Limited Limited performing? IHS Holding Limited's share price has been rising for 81 weeks. In its latest quarter, revenue rose 10.4% and profit fell 123.2% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 2 weeks running (as of 3 November 2026). ### Will IHS Holding Limited Limited's stock price go up? This page does not forecast IHS Holding Limited's stock price. What it shows instead: the stock price is $8.44, and it has been rising for 81 weeks. Its P/E of 20.6× is higher than 38% of its own last 5 years (as of 3 November 2026). ### Where is IHS Holding Limited Limited in its business cycle? IHS Holding Limited's FY25 operating margin was 41.5%, against a 5-year range of 25.0% to 41.5%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 20.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the IHS Holding Limited Limited story? Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is IHS Holding Limited Limited a stock worth studying right now? What the numbers show: IHS Holding Limited's balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers. The main open question: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.