IHS Holding (FRA:4JB) Earnings Yield (Joel Greenblatt) %: 18.90% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:4JB IHS Holding Ltd FRA:4JB
54 GF Score
Price €7.05
GF Value €3.29
! 7 Warning Signs
View Full Analysis

What is IHS Holding Earnings Yield (Joel Greenblatt) %?

IHS Holding FRA:4JB 54 Earnings Yield (Joel Greenblatt) % is 18.90% as of Jun. 2026. GuruFocus rates FRA:4JB with a GF Score™ of 54/100 and a GF Value™ of €3.29. The stock has 7 warning signs investors should review. Among 1,828 Real Estate companies, IHS Holding ranks better than 89.28% on this metric.

IHS Holding's Enterprise Value for the quarter that ended in Jun. 2026 was €4,481 Mil. IHS Holding's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €844 Mil. IHS Holding's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 18.90%.

The historical rank and industry rank for IHS Holding's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

FRA:4JB' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -60.4   Med: -0.87   Max: 20.04
Current: 18.25

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of IHS Holding was 20.04%. The lowest was -60.40%. And the median was -0.87%.

FRA:4JB's Earnings Yield (Joel Greenblatt) % is ranked better than
89.28% of 1828 companies
in the Real Estate industry
Industry Median: 4.865 vs FRA:4JB: 18.25

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. IHS Holding's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


IHS Holding  (FRA:4JB) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


IHS Holding Earnings Yield (Joel Greenblatt) % Related Terms


IHS Holding Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for IHS Holding's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

IHS Holding Earnings Yield (Joel Greenblatt) % Chart

IHS Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 3.02 -3.79 -25.97 -23.31 18.94

IHS Holding Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.97 19.49 18.94 19.12 18.90

FRA:4JB vs NMRK, CWK, OPEN: Earnings Yield (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, IHS Holding's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IHS Holding Earnings Yield (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, IHS Holding's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where IHS Holding's Earnings Yield (Joel Greenblatt) % falls into.


FRA:4JB
54GF Score
IHS Holding Ltd FRA:4JB
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IHS Holding Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

IHS Holdings Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=865.871/4477.0761
=19.34 %

IHS Holding's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €844 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 18.90% mean?
IHS Holding (FRA:4JB) has a Earnings Yield (Joel Greenblatt) % of 18.90% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on IHS Holding and its competitors. According to the industry distribution chart, IHS Holding ranks #196 out of 1828 companies in the Real Estate industry, placing it in the top 10.7%.
Is IHS Holding's Earnings Yield (Joel Greenblatt) % too high?
IHS Holding's current Earnings Yield (Joel Greenblatt) % is 18.90%. The Real Estate industry median Earnings Yield (Joel Greenblatt) % is 4.87. IHS Holding's value of 18.90% is 288.5% above this industry median. Based on the distribution chart, IHS Holding ranks #196 out of 1828 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, IHS Holding has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does IHS Holding's Earnings Yield (Joel Greenblatt) % compare to NMRK and CWK?
According to the Real Estate industry distribution chart, IHS Holding ranks #196 out of 1828 companies for Earnings Yield (Joel Greenblatt) %. This places IHS Holding in the top 11% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.87. IHS Holding's value of 18.90% is 288.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Real Estate company?
The median Earnings Yield (Joel Greenblatt) % among Real Estate companies is 4.87, based on 1,828 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IHS Holding's current Earnings Yield (Joel Greenblatt) % of 18.90% is 288.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on IHS Holding and its competitors. For the Real Estate industry, the median Earnings Yield (Joel Greenblatt) % is 4.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IHS Holding's current Earnings Yield (Joel Greenblatt) % is 18.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IHS Holding stock overvalued right now?
IHS Holding (FRA:4JB) has a current Earnings Yield (Joel Greenblatt) % of 18.90%. The stock's GF Value™ is €3.29, compared to a current price of €7.05 — trading 114.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 18.90% and 288.5% above the Real Estate industry median of 4.87. IHS Holding's overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For IHS Holding (FRA:4JB), the current Earnings Yield (Joel Greenblatt) % is 18.90% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is IHS Holding (FRA:4JB) Overvalued in 2026?

Based on GuruFocus' analysis, IHS Holding stock appears to be overvalued. The current stock price of €7.05 is trading 114.3% above its estimated GF Value™ of €3.29.

Key valuation signals for FRA:4JB:

  • Earnings Yield (Joel Greenblatt) %: 18.90%
  • GF Value™: €3.29 vs. price of €7.05 (114.3% above fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 288.5% above the Real Estate median (#196 of 1828)

No single metric tells the full story. See the FRA:4JB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IHS Holding Business Description

Other Exchanges IHS:USA
Address 123 Victoria Street, 1 Cathedral Piazza, London, GBR, SW1E 5BP
IHS Holding Ltd is an independent owner, operator, and developer of shared telecommunications infrastructure. The company provides telecommunications infrastructure to its customers, who are MNOs, who in turn provide wireless voice and data services to their end-users. Its geographical segments are Nigeria and Sub-Saharan Africa. The majority of its revenue is derived from Nigeria.
54GF Score

Get the complete analysis for FRA:4JB

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.05
Price
€3.29
GF Value