IHS Holding (FRA:4JB) Gross Margin %: 55.80% (As of Mar. 2026) — 34% Above Median


FRA:4JB IHS Holding Ltd FRA:4JB
57 GF Score
Price €7.15
GF Value €3.57
Valuation Significantly Overvalued
! 8 Warning Signs
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What is IHS Holding Gross Margin %?

IHS Holding FRA:4JB +0.70% 57 Gross Margin % is 55.80% as of Mar. 2026, which is 34% above its 10-year median of 41.79. GuruFocus rates FRA:4JB with a GF Score™ of 57/100 and a GF Value™ of €3.57 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,644 Real Estate companies, IHS Holding ranks better than 70.07% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. IHS Holding's Gross Profit for the three months ended in Mar. 2026 was €201 Mil. IHS Holding's Revenue for the three months ended in Mar. 2026 was €359 Mil. Therefore, IHS Holding's Gross Margin % for the quarter that ended in Mar. 2026 was 55.80%.


The historical rank and industry rank for IHS Holding's Gross Margin % or its related term are showing as below:

FRA:4JB' s Gross Margin % Range Over the Past 10 Years
Min: 34.12   Med: 41.79   Max: 56.65
Current: 56.65


During the past 8 years, the highest Gross Margin % of IHS Holding was 56.65%. The lowest was 34.12%. And the median was 41.79%.

FRA:4JB's Gross Margin % is ranked better than
70.07% of 1644 companies
in the Real Estate industry
Industry Median: 36.96 vs FRA:4JB: 56.65

IHS Holding had a gross margin of 55.80% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for IHS Holding was 6.80% per year.


IHS Holding  (FRA:4JB) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

IHS Holding had a gross margin of 55.80% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


IHS Holding Gross Margin % Related Terms


IHS Holding Gross Margin % Historical Data

* Premium members only.

The historical data trend for IHS Holding's Gross Margin % 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 Gross Margin % Chart

IHS Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 42.56 41.01 46.16 51.96 55.41

IHS Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 55.67 51.30 47.48 83.58 55.80

FRA:4JB vs CWK, NMRK, KW: Gross Margin % Comparison

For the Real Estate Services subindustry, IHS Holding's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, IHS Holding's Gross Margin % distribution charts can be found below:

* The bar in red indicates where IHS Holding's Gross Margin % falls into.


FRA:4JB
57GF Score
IHS Holding Ltd FRA:4JB
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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IHS Holding Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

IHS Holding's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=748.6 / 1351.028
=(Revenue - Cost of Goods Sold) / Revenue
=(1351.028 - 602.412) / 1351.028
=55.41 %

IHS Holding's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=200.5 / 359.321
=(Revenue - Cost of Goods Sold) / Revenue
=(359.321 - 158.814) / 359.321
=55.80 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 55.80% mean?
IHS Holding (FRA:4JB) has a Gross Margin % of 55.80% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on IHS Holding and its competitors. This is 34% above median its historical median of 41.79. Over the past decade, IHS Holding's Gross Margin % has ranged from 34.12 to 56.65. According to the industry distribution chart, IHS Holding ranks #492 out of 1644 companies in the Real Estate industry, placing it in the top 29.9%.
Is IHS Holding's Gross Margin % too high?
IHS Holding's current Gross Margin % of 55.80% is 34% above median its 10-year median of 41.79. Over the past 10 years, this metric has ranged from a low of 34.12 to a high of 56.65. The Real Estate industry median Gross Margin % is 36.96. IHS Holding's value of 55.80% is 51% above this industry median. Based on the distribution chart, IHS Holding ranks #492 out of 1644 companies in the Real Estate industry, which is above the industry midpoint. Overall, IHS Holding has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IHS Holding's Gross Margin % compare to CWK and NMRK?
According to the Real Estate industry distribution chart, IHS Holding ranks #492 out of 1644 companies for Gross Margin %. This puts IHS Holding in the upper half of its industry. The industry median Gross Margin % is 36.96. IHS Holding's value of 55.80% is 51% above this benchmark. Historically, IHS Holding's own Gross Margin % has ranged from 34.12 to 56.65 over the past decade. While the company's 10-year median is 41.79 vs. the industry median of 36.96, IHS Holding has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,644 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IHS Holding's current Gross Margin % of 55.80% is 51% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on IHS Holding and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IHS Holding's current Gross Margin % is 55.80%, which is 34% above median its own 10-year median of 41.79. 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?
Based on GuruFocus' analysis, IHS Holding (FRA:4JB) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.57, compared to a current price of €7.15 — trading 100.3% above its estimated fair value. The current Gross Margin % is 55.80%, which is 34% above median its 10-year median of 41.79 and 51% above the Real Estate industry median of 36.96. IHS Holding's overall GF Score™ is 57/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For IHS Holding (FRA:4JB), the current Gross Margin % is 55.80% as of Mar. 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 €7.15 is trading 100.3% above its estimated GF Value™ of €3.57. GuruFocus considers IHS Holding to be Significantly Overvalued.

Key valuation signals for FRA:4JB:

  • Gross Margin %: 55.80% (34% above median its 10-year median of 41.79)
  • GF Value™: €3.57 vs. price of €7.15 (100.3% above fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 51% above the Real Estate median (#492 of 1644)

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.
57GF Score

Get the complete analysis for FRA:4JB

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.15
Price
€3.57
GF Value