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IHS Holding Limited (IHS): A Bull Case Theory 

We came across a bullish thesis on IHS Holding Limited on DeepValue Capital’s Substack. In this article, we will summarize the bulls’ thesis on IHS. IHS Holding Limited's share was trading at $8.00 as of January 29th. IHS’s trailing P/E was 5.76 according to Yahoo Finance.

IHS Holdings ($IHS) is a multinational cell tower company operating across Africa and South America, trading at a compelling 5x EV/EBITDA despite similar margins and lower leverage compared to peers. The company builds and manages towers, leasing space to mobile carriers under long-term, inflation-linked...