IHS (IHS Holding) Net Cash per Share: $-10.25 (As of Jun. 2026)

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IHS IHS Holding Ltd IHS
51 GF Score
Price $8.43
GF Value $4.20
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is IHS Holding Net Cash per Share?

IHS Holding IHS -0.41% 51 Net Cash per Share is $-10.25 as of Jun. 2026. GuruFocus rates IHS with a GF Score™ of 51/100 and a GF Value™ of $4.20 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 185 Real Estate companies, IHS Holding ranks worse than 540540% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). IHS Holding's Net Cash per Share for the quarter that ended in Jun. 2026 was $-10.25.

The historical rank and industry rank for IHS Holding's Net Cash per Share or its related term are showing as below:

IHS's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 5.35
* Ranked among companies with meaningful Price-to-Net-Cash only.

IHS Holding  (NYSE:IHS) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


IHS Holding Net Cash per Share Related Terms


IHS Holding Net Cash per Share Historical Data

* Premium members only.

The historical data trend for IHS Holding's Net Cash per Share 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 Net Cash per Share Chart

IHS Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Cash per Share
Get a 7-Day Free Trial -9.47 -14.08 -14.92 -12.42 -11.67

IHS Holding Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Cash per Share 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 -12.60 -12.43 -11.67 -11.64 -10.25

IHS vs NMRK, OPEN, CWK: Net Cash per Share Comparison

For the Real Estate Services subindustry, IHS Holding's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Real Estate Industry

For the Real Estate industry and Real Estate sector, IHS Holding's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where IHS Holding's Price-to-Net-Cash falls into.


IHS
51GF Score
IHS Holding Ltd IHS
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IHS Holding Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

IHS Holding's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as

Net Cash per Share (A: Dec. 2025 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(825.7-4579.4-161.5)/335.521
=-11.67

IHS Holding's Net Cash per Share for the quarter that ended in Jun. 2026 is calculated as

Net Cash per Share (Q: Jun. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1073.5-4542.6--0.9)/338.341
=-10.25

* 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.

Frequently Asked Questions Learn more about Net Cash per Share →
What does a Net Cash per Share of $-10.25 mean?
IHS Holding (IHS) has a Net Cash per Share of $-10.25 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on IHS Holding and its competitors. According to the industry distribution chart, IHS Holding ranks #999999 out of 185 companies in the Real Estate industry.
Is IHS Holding's Net Cash per Share too high?
IHS Holding's current Net Cash per Share is $-10.25. Based on the distribution chart, IHS Holding ranks #999999 out of 185 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, IHS Holding has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IHS Holding's Net Cash per Share compare to NMRK and OPEN?
According to the Real Estate industry distribution chart, IHS Holding ranks #999999 out of 185 companies for Net Cash per Share. This places IHS Holding in the lower half of its industry. The industry median Net Cash per Share is 5.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Real Estate company?
The median Net Cash per Share among Real Estate companies is 5.35, based on 185 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on IHS Holding and its competitors. For the Real Estate industry, the median Net Cash per Share is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IHS Holding's current Net Cash per Share is $-10.25. 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 (IHS) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.20, compared to a current price of $8.43 — trading 100.6% above its estimated fair value. The current Net Cash per Share is $-10.25. IHS Holding's overall GF Score™ is 51/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For IHS Holding (IHS), the current Net Cash per Share is $-10.25 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 (IHS) Overvalued in 2026?

Based on GuruFocus' analysis, IHS Holding stock appears to be overvalued. The current stock price of $8.43 is trading 100.6% above its estimated GF Value™ of $4.20. GuruFocus considers IHS Holding to be Significantly Overvalued.

Key valuation signals for IHS:

  • Net Cash per Share: $-10.25
  • GF Value™: $4.20 vs. price of $8.43 (100.6% above fair value)
  • GF Score™: 51/100 with 8 warning signs

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


IHS Holding Business Description

Other Exchanges 4JB:Germany
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.
51GF Score

Get the complete analysis for IHS

Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.43
Price
$4.20
GF Value