IHS (IHS Holding) Scaled Net Operating Assets: 0.57 (As of Mar. 2026)


IHS IHS Holding Ltd IHS
46 GF Score
Price $8.24
GF Value $4.11
Valuation Significantly Overvalued
! 8 Warning Signs
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What is IHS Holding Scaled Net Operating Assets?

IHS Holding IHS 46 Scaled Net Operating Assets is 0.57 as of Mar. 2026. GuruFocus rates IHS with a GF Score™ of 46/100 and a GF Value™ of $4.11 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

IHS Holding's operating assets for the quarter that ended in Mar. 2026 was $3,725 Mil. IHS Holding's operating liabilities for the quarter that ended in Mar. 2026 was $1,187 Mil. IHS Holding's Total Assets for the quarter that ended in Dec. 2025 was $4,490 Mil. Therefore, IHS Holding's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.57.


IHS Holding Scaled Net Operating Assets Historical Data

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The historical data trend for IHS Holding's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

IHS Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.86 0.87 0.66 0.56 0.61

IHS Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.74 0.73 0.73 0.55 0.57

IHS vs CWK, NMRK, KW: Scaled Net Operating Assets Comparison

For the Real Estate Services subindustry, IHS Holding's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Real Estate Industry

For the Real Estate industry and Real Estate sector, IHS Holding's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where IHS Holding's Scaled Net Operating Assets falls into.


IHS
46GF Score
IHS Holding Ltd IHS
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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IHS Holding Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

IHS Holding's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(3663.9-1069.3)/4246.5
=0.61

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4489.6 - 825.7
=3663.9

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4579.4 - 3153.7 - 356.4
=1069.3

IHS Holding's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(3725.2-1187.3)/4489.6
=0.57

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4665.7 - 940.5
=3725.2

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=4689.4 - 3116.9 - 385.2
=1187.3

* 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.

What does a Scaled Net Operating Assets of 0.57 mean?
IHS Holding (IHS) has a Scaled Net Operating Assets of 0.57 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on IHS Holding and its competitors.
Is IHS Holding's Scaled Net Operating Assets too high?
IHS Holding's current Scaled Net Operating Assets is 0.57. 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 Scaled Net Operating Assets compare to CWK and NMRK?
IHS Holding's Scaled Net Operating Assets of 0.57 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Real Estate company?
A good Scaled Net Operating Assets depends on the Real Estate industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on IHS Holding and its competitors. IHS Holding's current Scaled Net Operating Assets is 0.57. 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 $4.11, compared to a current price of $8.24 — trading 100.5% above its estimated fair value. The current Scaled Net Operating Assets is 0.57. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For IHS Holding (IHS), the current Scaled Net Operating Assets is 0.57 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 $8.24 is trading 100.5% above its estimated GF Value™ of $4.11. GuruFocus considers IHS Holding to be Significantly Overvalued.

Key valuation signals for IHS:

  • Scaled Net Operating Assets: 0.57
  • GF Value™: $4.11 vs. price of $8.24 (100.5% 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

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.24
Price
$4.11
GF Value