IHS (IHS Holding) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


IHS IHS Holding Ltd IHS
46 GF Score
Price $8.22
GF Value $4.13
Valuation Significantly Overvalued
! 8 Warning Signs
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What is IHS Holding Return-on-Tangible-Equity?

IHS Holding IHS +0.24% 46 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates IHS with a GF Score™ of 46/100 and a GF Value™ of $4.13 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,714 Real Estate companies, IHS Holding ranks better than 99.94% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. IHS Holding's annualized net income for the quarter that ended in Mar. 2026 was $303 Mil. IHS Holding's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-774 Mil. Therefore, IHS Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for IHS Holding's Return-on-Tangible-Equity or its related term are showing as below:

IHS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -197.89   Med: -144.73   Max: -91.56
Current: Negative Tangible Equity

During the past 8 years, IHS Holding's highest Return-on-Tangible-Equity was -91.56%. The lowest was -197.89%. And the median was -144.73%.

IHS's Return-on-Tangible-Equity is ranked better than
99.94% of 1714 companies
in the Real Estate industry
Industry Median: 4.195 vs IHS: Negative Tangible Equity

IHS Holding  (NYSE:IHS) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


IHS Holding Return-on-Tangible-Equity Related Terms


IHS Holding Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for IHS Holding's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

IHS Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 Negative Tangible Equity

IHS Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity 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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity 0.00 Negative Tangible Equity

IHS vs NMRK, CWK, KW: Return-on-Tangible-Equity Comparison

For the Real Estate Services subindustry, IHS Holding's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, IHS Holding's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where IHS Holding's Return-on-Tangible-Equity falls into.


IHS
46GF Score
IHS Holding Ltd IHS
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IHS Holding Return-on-Tangible-Equity Calculation

IHS Holding's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=143.6/( (-1550.4+-802.9 )/ 2 )
=143.6/-1176.65
=Negative Tangible Equity %

IHS Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=303.2/( (-802.9+-744.1)/ 2 )
=303.2/-773.5
=Negative Tangible Equity %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
IHS Holding (IHS) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on IHS Holding and its competitors. According to the industry distribution chart, IHS Holding ranks #1 out of 1714 companies in the Real Estate industry, placing it in the top 0.099999999999994%.
Is IHS Holding's Return-on-Tangible-Equity too high?
IHS Holding's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, IHS Holding ranks #1 out of 1714 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 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IHS Holding's Return-on-Tangible-Equity compare to NMRK and CWK?
According to the Real Estate industry distribution chart, IHS Holding ranks #1 out of 1714 companies for Return-on-Tangible-Equity. This places IHS Holding in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.20, based on 1,714 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on IHS Holding and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IHS Holding's current Return-on-Tangible-Equity is Negative Tangible Equity%. 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 $4.13, compared to a current price of $8.22 — trading 99% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. IHS Holding's overall GF Score™ is 46/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For IHS Holding (IHS), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 (IHS) Overvalued in 2026?

Based on GuruFocus' analysis, IHS Holding stock appears to be overvalued. The current stock price of $8.22 is trading 99% above its estimated GF Value™ of $4.13. GuruFocus considers IHS Holding to be Significantly Overvalued.

Key valuation signals for IHS:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: $4.13 vs. price of $8.22 (99% above fair value)
  • GF Score™: 46/100 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.
46GF Score

Get the complete analysis for IHS

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.22
Price
$4.13
GF Value