Tearsheet

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.5%, FCF Yield is 36%
Weak multi-year price returns
2Y Excs Rtn is -39%, 3Y Excs Rtn is -70%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 164%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 55%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 41%
  Stock price has recently run up significantly
12M Rtn12 month market price return is 137%
2 Megatrend and thematic drivers
Megatrends include 5G & Advanced Connectivity. Themes include Telecom Infrastructure, Wireless Services, and Network Equipment.
  Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.4%, Rev Chg QQuarterly Revenue Change % is -0.5%
3   Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 82%
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.5%, FCF Yield is 36%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 55%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 41%
2 Megatrend and thematic drivers
Megatrends include 5G & Advanced Connectivity. Themes include Telecom Infrastructure, Wireless Services, and Network Equipment.
3 Weak multi-year price returns
2Y Excs Rtn is -39%, 3Y Excs Rtn is -70%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 164%
5 Stock price has recently run up significantly
12M Rtn12 month market price return is 137%
6 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.4%, Rev Chg QQuarterly Revenue Change % is -0.5%
7 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 82%

Market Valuation & Key Metrics

IHS Stock


Why The Stock Moved


Qualitative Assessment

AI Generated Analysis | Feedback

The public company IHS (symbol: IHS) refers to IHS Holding Limited, a telecommunications infrastructure company operating primarily in emerging markets. This company is distinct from IHS Markit, which was acquired by S&P Global in February 2022 and no longer trades under the symbol INFO or INFO_OLD. For IHS Holding Limited (symbol: IHS), the period from July 31, 2025, to November 18, 2025, saw the stock experience downward pressure, including a notable daily decline of 3.94% on November 3, 2025. Here are key points highlighting potential reasons for stock movements, including declines, during this approximate timeframe:

1. Bearish Moving Average Trends As of November 14, 2025, IHS Holding Ltd.'s overall moving average trend indicated a bearish outlook. Specifically, the 20-day Simple Moving Average (SMA_20) being below the 60-day Simple Moving Average (SMA_60) signaled a strong bearish trend in the mid-term, suggesting negative technical momentum.

2. Short-Term Price Declines Leading Up to Mid-November Leading up to November 14, 2025, the stock experienced a decline in six out of ten trading days, resulting in an aggregate decrease of 8.91% during that short period. This indicates a recent pattern of negative investor sentiment and selling pressure.

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Stock Movement Drivers

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
IHS Return0%-88%-56%-25%-37%114%-95%
Peers Return9%-8%-35%60%-12%73%58%
S&P 500 Return16%27%-19%24%23%13%107%

Monthly Win Rates [3]
IHS Win Rate0%8%25%42%42%80% 
Peers Win Rate33%25%20%32%22%52% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
IHS Max Drawdown0%-89%-64%-32%-48%0% 
Peers Max Drawdown-15%-17%-36%-5%-18%-22% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: OPEN, GBR, GYRO, HBNB, LHAI.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/17/2025 (YTD)

How Low Can It Go

Unique KeyEventIHSS&P 500
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-58.1%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven138.5%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven694 days1480 days

Compare to OPEN, GBR, GYRO, HBNB, LHAI


In The Past

IHS's stock fell -58.1% during the 2008 Global Financial Crisis from a high on 12/5/2007. A -58.1% loss requires a 138.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About IHS (IHS)

Better Bets than IHS (IHS)

Trade Ideas

Select past ideas related to IHS. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
MPW_10312025_Short_Squeeze10312025MPWMedical Properties TrustSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
-4.3%-4.3%-5.8%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
MPW_10312025_Short_Squeeze10312025MPWMedical Properties TrustSpecialShort Squeeze PotentialShort Squeeze Potential
Has potential for a short squeeze. High short interest, rising short interest and high debt.
-4.3%-4.3%-5.8%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for IHS

Financials

IHSOPENGBRGYROHBNBLHAIMedian
NameIHS Opendoor.New Conc.Gyrodyne Hotel101.Linkhome  
Mkt Price6.257.840.819.586.0810.547.04
Mkt Cap2.05.80.00.0--1.0
Rev LTM1,7314,71905-1515
Op Inc LTM659-204-0-3-1-0
FCF LTM715887-0-2-11
FCF 3Y Avg4411,349049--245
CFO LTM957899-0-2-11
CFO 3Y Avg8631,374049--456

Growth & Margins

IHSOPENGBRGYROHBNBLHAIMedian
NameIHS Opendoor.New Conc.Gyrodyne Hotel101.Linkhome  
Rev Chg LTM-5.4%-4.5%4.1%-1.2%-215.1%-1.2%
Rev Chg 3Y Avg1.6%-31.7%5.8%2.1%--1.9%
Rev Chg Q-0.5%-33.6%8.1%-1.8%-116.2%-0.5%
QoQ Delta Rev Chg LTM-0.1%-8.9%2.0%-0.2%-21.2%-0.1%
Op Mgn LTM38.1%-4.3%-166.9%-50.0%-7.3%-4.3%
Op Mgn 3Y Avg30.6%-5.4%-141.8%-153.7%---73.6%
QoQ Delta Op Mgn LTM-0.1%-0.4%-1.3%2.6%--2.0%-0.4%
CFO/Rev LTM55.3%19.1%-26.5%-43.8%-5.5%5.5%
CFO/Rev 3Y Avg45.0%15.2%0.0%1,138.1%--30.1%
FCF/Rev LTM41.3%18.8%-26.5%-43.8%-5.5%5.5%
FCF/Rev 3Y Avg23.6%14.8%0.0%1,136.7%--19.2%

Valuation

IHSOPENGBRGYROHBNBLHAIMedian
NameIHS Opendoor.New Conc.Gyrodyne Hotel101.Linkhome  
Mkt Cap2.05.80.00.0--1.0
P/S1.21.227.50.3--1.2
P/EBIT-2.1-32.1-16.5-0.6---9.3
P/E18.1-18.3-68.126.6---0.1
P/CFO2.16.5-103.9-0.6--0.8
Total Yield5.5%-5.4%-1.5%3.8%--1.1%
Dividend Yield0.0%0.0%0.0%0.0%--0.0%
FCF Yield 3Y Avg23.9%60.3%0.1%3,141.7%--42.1%
D/E1.90.30.013.1--1.1
Net D/E1.60.1-0.13.3--0.9

Returns

IHSOPENGBRGYROHBNBLHAIMedian
NameIHS Opendoor.New Conc.Gyrodyne Hotel101.Linkhome  
1M Rtn-6.0%9.5%-6.0%-5.7%70.6%-4.1%-4.9%
3M Rtn-9.7%107.4%-23.0%-5.4%167.6%46.8%20.7%
6M Rtn0.0%889.0%-10.5%2.4%--1.2%
12M Rtn136.7%372.3%-31.1%-4.2%--66.3%
3Y Rtn-10.1%355.8%-35.2%5.3%---2.4%
1M Excs Rtn-6.1%9.4%-6.1%-5.8%70.5%-4.2%-5.0%
3M Excs Rtn-12.3%112.5%-23.5%-14.9%169.6%67.3%27.5%
6M Excs Rtn-11.9%877.1%-22.4%-9.5%---10.7%
12M Excs Rtn130.8%321.7%-44.6%-16.6%--57.1%
3Y Excs Rtn-70.1%241.8%-100.0%-72.8%---71.5%

Financials

Price Behavior

Short Interest

Short Interest: As Of Date10312025
Short Interest: Shares Quantity306,600
Short Interest: % Change Since 101520250.7%
Average Daily Volume333,049
Days-to-Cover Short Interest1
Basic Shares Quantity321,818,182
Short % of Basic Shares0.1%

SEC Filings

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Report DateFiling DateFiling
630202581220256-K 6/30/2025
331202552020256-K 3/31/2025
12312024318202520-F 12/31/2024
9302024111220246-K 9/30/2024
630202481320246-K 6/30/2024
331202451420246-K 3/31/2024
12312023312202420-F 12/31/2023
9302023111420236-K 9/30/2023
630202381520236-K 6/30/2023
331202352320236-K 3/31/2023
12312022328202320-F 12/31/2022
9302022111520226-K 9/30/2022
630202281620226-K 6/30/2022
331202251720226-K 3/31/2022
12312021315202220-F 12/31/2021
9302021111620216-K 9/30/2021

Insider Activity

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