Added to YB: 2025-12-01
Pitch date: 2025-11-27
IHS [bullish]
IHS Holding Limited
+6.99%
current return
Author Info
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Company Info
IHS Holding Limited, together with its subsidiaries, develops, owns, and operates shared communications infrastructure in Nigeria, Sub-Saharan Africa, the Middle East and North Africa, and Latin America.
Market Cap
$2.3B
Pitch Price
$6.87
Price Target
28.00 (+281%)
Dividend
N/A
EV/EBITDA
5.83
P/E
5.02
EV/Sales
3.24
Sector
Diversified Telecommunication Services
Category
value
DV Capital | IHS Holdings | Deep Dive Quarterly Update
IHS (holding update): African/S.American cell tower co at 5x EV/EBITDA vs peers at 15x despite similar margins & lower 3.3x leverage. Nigerian Naira FX headwinds fading (now +13% vs USD). Q3 beat/raise, 10% organic growth guided. New 3k tower Brazil deal. Risks: execution, FX/country risk. $28 price target by 2029 (310% upside, 41% CAGR).
Read full article (8 min)