IHS Holding Ltd (IHS) - Net Assets
Based on the latest financial reports, IHS Holding Ltd (IHS) has net assets worth $-23.70 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.67 Billion) and total liabilities ($4.69 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check IHS Holding Ltd (IHS) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-23.70 Million |
| % of Total Assets | -0.51% |
| Annual Growth Rate | N/A |
| 5-Year Change | -105.15% |
| 10-Year Change | -106.0% |
| Growth Volatility | 72.0 |
IHS Holding Ltd - Net Assets Trend (2007–2025)
This chart illustrates how IHS Holding Ltd's net assets have evolved over time, based on quarterly financial data. See IHS Holding Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for IHS Holding Ltd (2007–2025)
The table below shows the annual net assets of IHS Holding Ltd from 2007 to 2025. For live valuation and market cap data, see IHS Holding Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-89.80 Million | +69.64% |
| 2024-12-31 | $-295.81 Million | -185.16% |
| 2023-12-31 | $347.35 Million | -74.46% |
| 2022-12-31 | $1.36 Billion | -21.99% |
| 2021-12-31 | $1.74 Billion | +42.43% |
| 2020-12-31 | $1.22 Billion | -14.41% |
| 2019-12-31 | $1.43 Billion | +7.38% |
| 2018-12-31 | $1.33 Billion | -9.53% |
| 2017-12-31 | $1.47 Billion | -1.66% |
| 2016-12-31 | $1.50 Billion | -39.99% |
| 2015-12-31 | $2.50 Billion | +15.53% |
| 2014-12-31 | $2.16 Billion | +13.25% |
| 2013-12-31 | $1.91 Billion | +20.36% |
| 2012-12-31 | $1.58 Billion | +14.42% |
| 2011-12-31 | $1.38 Billion | +166.70% |
| 2010-12-31 | $519.20 Million | +25815.80% |
| 2009-12-31 | $-2.02 Million | +82.69% |
| 2008-12-31 | $-11.67 Million | +87.30% |
| 2007-12-31 | $-91.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to IHS Holding Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1504.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $100.66 Million | % |
| Other Comprehensive Income | $1.13 Billion | % |
| Other Components | $5.32 Billion | % |
| Total Equity | $-251.30 Million | 100.00% |
IHS Holding Ltd Competitors by Market Cap
The table below lists competitors of IHS Holding Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bravida Holding AB
ST:BRAV
|
$2.75 Billion |
|
DBG Technology Co Ltd Class A
SHE:300735
|
$2.75 Billion |
|
Wenzhou Yihua Connector Co Ltd
SHE:002897
|
$2.75 Billion |
|
Chung-Hsin Electric & Machinery Mfg Corp
TW:1513
|
$2.75 Billion |
|
Migros Ticaret AS
IS:MGROS
|
$2.74 Billion |
|
CECEP Solar Energy Co Ltd
SHE:000591
|
$2.74 Billion |
|
Jiangsu Ruitai New Energy Materials Co. Ltd.
SHE:301238
|
$2.74 Billion |
|
Piramal Enterprises Limited
NSE:PEL
|
$2.74 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IHS Holding Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -454,579,000 to -251,300,000, a change of 203,279,000.
- Net income of 143,600,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 61,717,999.
- Other factors decreased equity by 2,038,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $143.60 Million | +57.14% |
| Other Comprehensive Income | $61.72 Million | +24.56% |
| Other Changes | $-2.04 Million | -0.81% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares IHS Holding Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $15.37 | $8.14 | x |
| 2008-12-31 | $12.72 | $8.14 | x |
| 2009-12-31 | $15.85 | $8.14 | x |
| 2010-12-31 | $8.02 | $8.14 | x |
| 2011-12-31 | $21.07 | $8.14 | x |
| 2012-12-31 | $23.74 | $8.14 | x |
| 2013-12-31 | $28.28 | $8.14 | x |
| 2014-12-31 | $31.24 | $8.14 | x |
| 2015-12-31 | $10.39 | $8.14 | x |
| 2016-12-31 | $5.93 | $8.14 | x |
| 2017-12-31 | $5.14 | $8.14 | x |
| 2018-12-31 | $4.06 | $8.14 | x |
| 2019-12-31 | $4.32 | $8.14 | x |
| 2020-12-31 | $3.66 | $8.14 | x |
| 2021-12-31 | $4.64 | $8.14 | x |
| 2022-12-31 | $3.42 | $8.14 | x |
| 2023-12-31 | $0.33 | $8.14 | x |
| 2024-12-31 | $-1.36 | $8.14 | x |
| 2025-12-31 | $-0.74 | $8.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IHS Holding Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.08%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-100.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 6.70% | 10.23% | 0.45x | 1.47x | $-27.75 Million |
| 2008 | 12.36% | 11.73% | 0.59x | 1.78x | $18.89 Million |
| 2009 | 13.31% | 13.95% | 0.58x | 1.65x | $33.60 Million |
| 2010 | 27.22% | 13.14% | 1.95x | 1.06x | $89.39 Million |
| 2011 | 9.78% | 10.22% | 0.43x | 2.22x | $-3.06 Million |
| 2012 | 9.98% | 10.34% | 0.43x | 2.24x | $-267.80K |
| 2013 | 6.91% | 7.16% | 0.34x | 2.81x | $-58.96 Million |
| 2014 | 9.01% | 8.72% | 0.42x | 2.48x | $-21.41 Million |
| 2015 | -19.16% | -59.95% | 0.16x | 2.03x | $-663.04 Million |
| 2016 | -58.17% | -91.25% | 0.22x | 2.85x | $-968.45 Million |
| 2017 | -28.90% | -38.43% | 0.28x | 2.71x | $-572.68 Million |
| 2018 | -9.97% | -11.37% | 0.31x | 2.87x | $-265.98 Million |
| 2019 | -29.61% | -34.40% | 0.30x | 2.91x | $-566.52 Million |
| 2020 | -26.61% | -22.95% | 0.32x | 3.68x | $-442.99 Million |
| 2021 | -1.70% | -1.64% | 0.29x | 3.65x | $-177.87 Million |
| 2022 | -40.51% | -23.40% | 0.31x | 5.58x | $-572.31 Million |
| 2023 | -1799.40% | -92.99% | 0.40x | 48.84x | $-1.99 Billion |
| 2024 | 0.00% | -95.37% | 0.40x | 0.00x | $-1.59 Billion |
| 2025 | 0.00% | 9.08% | 0.35x | 0.00x | $168.73 Million |
Industry Comparison
This section compares IHS Holding Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $7,053,475,779
- Average return on equity (ROE) among peers: -0.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IHS Holding Ltd (IHS) | $-23.70 Million | 6.70% | N/A | $2.74 Billion |
| eXp World Holdings, Inc. (AGNT) | $248.99 Million | 6.20% | 0.53x | $770.68 Million |
| reAlpha Tech Corp. Common Stock (AIRE) | $24.71 Million | -7.60% | 0.13x | $11.27 Million |
| Avalon GloboCare Corp. (ALBT) | $11.25 Million | -69.08% | 0.19x | $4.10 Million |
| American Realty Investors Inc (ARL) | $85.10 Million | -6.56% | 12.34x | $255.69 Million |
| Altisource Portfolio Solutions SA (ASPS) | $339.99 Million | 90.85% | 1.54x | $71.51 Million |
| Ke Holdings Inc (BEKE) | $66.79 Billion | 4.16% | 0.56x | $15.92 Billion |
| CBRE Group Inc Class A (CBRE) | $800.51 Million | 27.15% | 2.52x | $38.52 Billion |
| Comstock Holding Companies Inc (CHCI) | $145.48 Million | 18.95% | 1.96x | $150.58 Million |
| Compass Inc (COMP) | $432.00 Million | -74.38% | 1.69x | $6.51 Billion |
| CoStar Group Inc (CSGP) | $1.65 Billion | 5.14% | 0.32x | $12.77 Billion |
About IHS Holding Ltd
IHS Holding Limited, together with its subsidiaries, develops, owns, and operates shared communications infrastructure in Nigeria, Cameroon, Côte d'Ivoire, South Africa, and Zambia. The company offers colocation and lease amendment services, which allows customers to lease space on existing towers alongside current tenants, install additional equipment on a tower, and request for ancillary servic… Read more