IHS Holding (FRA:4JB) ROCE %: 24.88% (As of Mar. 2026)


FRA:4JB IHS Holding Ltd FRA:4JB
57 GF Score
Price €7.10
GF Value €3.49
Valuation Significantly Overvalued
! 8 Warning Signs
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What is IHS Holding ROCE %?

IHS Holding FRA:4JB -0.70% 57 ROCE % is 24.88% as of Mar. 2026. GuruFocus rates FRA:4JB with a GF Score™ of 57/100 and a GF Value™ of €3.49 (Significantly Overvalued). The stock has 8 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. IHS Holding's annualized ROCE % for the quarter that ended in Mar. 2026 was 24.88%.

IHS Holding  (FRA:4JB) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

IHS Holding ROCE % Related Terms

IHS Holding ROCE % Historical Data

* Premium members only.

The historical data trend for IHS Holding's ROCE % 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 ROCE % Chart

IHS Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 5.08 -4.57 -31.08 -27.39 27.74

IHS Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 19.21 17.24 29.26 39.30 24.88
FRA:4JB
57GF Score
IHS Holding Ltd FRA:4JB
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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IHS Holding ROCE % Calculation

IHS Holding's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=865.871/( ( (4055.408 - 619.031) + (3834.118 - 1027.618) )/ 2 )
=865.871/( (3436.377+2806.5)/ 2 )
=865.871/3121.4385
=27.74 %

IHS Holding's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=706.876/( ( (3834.118 - 1027.618) + (4035.83 - 1160.051) )/ 2 )
=706.876/( ( 2806.5 + 2875.779 )/ 2 )
=706.876/2841.1395
=24.88 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 24.88% mean?
IHS Holding (FRA:4JB) has a ROCE % of 24.88% as of Mar. 2026.
Is IHS Holding's ROCE % too high?
IHS Holding's current ROCE % is 24.88%. The Real Estate industry median ROCE % is 4.66. IHS Holding's value of 24.88% is 433.9% above this industry median. 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 ROCE % compare to CWK and NMRK?
IHS Holding's ROCE % of 24.88% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.66. IHS Holding's value of 24.88% is 433.9% 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 ROCE % for a Real Estate company?
The median ROCE % among Real Estate companies is 4.66, based on 1,757 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IHS Holding's current ROCE % of 24.88% is 433.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Real Estate industry, the median ROCE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IHS Holding's current ROCE % is 24.88%. 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 €3.49, compared to a current price of €7.10 — trading 103.4% above its estimated fair value. The current ROCE % is 24.88% and 433.9% above the Real Estate industry median of 4.66. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For IHS Holding (FRA:4JB), the current ROCE % is 24.88% 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 €7.10 is trading 103.4% above its estimated GF Value™ of €3.49. GuruFocus considers IHS Holding to be Significantly Overvalued.

Key valuation signals for FRA:4JB:

  • ROCE %: 24.88%
  • GF Value™: €3.49 vs. price of €7.10 (103.4% above fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 433.9% above the Real Estate median

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

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

€7.10
Price
€3.49
GF Value