IHS
IHS Holding Limited
IHS trails on the overall score without a compensating advantage in the available component scores.
RDDT
Reddit, Inc.
RDDT has the edge over IHS overall, supported by stronger fundamentals and stronger modeled upside.
IHS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Healthy | |
| Stable |
IHS's profitability and cash flow are currently healthy, and its revenue and balance sheet are stable.
RDDT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
RDDT's revenue, profitability, cash flow and balance sheet are all currently healthy.
IHS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.8x | $2.32 | -72% |
| Forward | 11x | $8.41 | — |
| Fair | 16x | $6.36 | -24% |
| Expensive | 21x | $8.50 | +1.1% |
| Current | 21x | $8.41 | — |
Historical ranges are pointers, not guarantees.
IHS's PE is in its expensive range at 21x, but its recent earnings include one-off gains. On analysts' estimates for next year's earnings, today's price would be 11x, in its cheap range.
RDDT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $99.55 | — |
| Current | 20x | $99.55 | — |
| Cheap | 35x | $171 | +72% |
| Fair | 46x | $228 | +129% |
| Expensive | 53x | $262 | +163% |
Historical ranges are pointers, not guarantees.
RDDT has the edge over IHS in the historical PE scenario, which offers more potential upside but is not a forecast.
IHS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Decline | |
| Growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect IHS's revenue to grow, but its earnings and profitability to decline.
RDDT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
RDDT has the edge over IHS on the outlook, with more favorable earnings and profitability expectations.
IHS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.74 | +85% |
| Q2 2026 | $0.40 | +21% |
| Q1 2026 | $0.53 | +$0.66 |
| Q4 2025 | $0.41 | +$5.31 |
| Q3 2025 | $1.38 | +$8.46 |
| Q2 2025 | $0.33 | +$7.59 |
| Q1 2025 | -$0.13 | +$10.50 |
| Q4 2024 | -$4.90 | +$1.03 |
| Q3 2024 | -$7.08 | -$1.83 |
IHS has the stronger earnings trend. Trailing diluted EPS is up 21% for IHS versus RDDT down 39%.
RDDT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.32 | +29% |
| Q3 2024 | -$7.98 | -$7.17 |
| Q2 2024 | -$8.19 | -$7.15 |
| Q1 2024 | -$8.38 | -$7.25 |
| Q4 2023 | -$0.56 | +$0.41 |
| Q3 2023 | -$0.81 | -$0.02 |
| Q2 2023 | -$1.04 | -$0.48 |
| Q1 2023 | -$1.13 | -$0.48 |
| Q4 2022 | -$0.97 | -$0.19 |
RDDT has returned to profit: it earned $4.90 per share over the past year, after losing money the year before.
IHS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $428.6M | -1.1% |
| Q1 2026 | $415.4M | -5.5% |
| Q4 2025 | $254M | -42% |
| Q3 2025 | $455.1M | +8.3% |
| Q2 2025 | $433.3M | -0.5% |
| Q1 2025 | $439.6M | +5.2% |
| Q4 2024 | $437.8M | -14% |
| Q3 2024 | $420.3M | -10% |
IHS's revenue has slid since its 2023 peak: $429M last quarter, down 1.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 19% | -15 points |
| Q1 2026 | 29% | -8.2 points |
| Q4 2025 | 61% | +13 points |
| Q3 2025 | 35% | +5.2 points |
| Q2 2025 | 34% | -0.2 points |
| Q1 2025 | 37% | +39 points |
| Q4 2024 | 48% | +17 points |
| Q3 2024 | 30% | +28 points |
IHS's operating margin was 19% last quarter, down 14 points from the same quarter a year ago.
RDDT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $895M | +53% |
| Q2 2026 | $804.9M | +61% |
| Q1 2026 | $663.4M | +69% |
| Q4 2025 | $725.6M | +70% |
| Q3 2025 | $584.9M | +68% |
| Q2 2025 | $499.6M | +78% |
| Q1 2025 | $392.4M | +61% |
| Q4 2024 | $427.7M | +71% |
RDDT has the edge over IHS on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +5.5 points |
| Q2 2026 | 29% | +15 points |
| Q1 2026 | 28% | +27 points |
| Q4 2025 | 32% | +20 points |
| Q3 2025 | 24% | +22 points |
| Q2 2025 | 14% | +25 points |
| Q1 2025 | 1% | +244 points |
| Q4 2024 | 12% | +11 points |
RDDT has the edge over IHS on profitability, with a higher operating margin.
IHS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $112.2M | -43% |
| Q1 2026 | $159.3M | +4% |
| Q4 2025 | $87.4M | -69% |
| Q3 2025 | $189.2M | +55% |
| Q2 2025 | $197.7M | +167% |
| Q1 2025 | $153.2M | +934% |
| Q4 2024 | $282.8M | +263% |
| Q3 2024 | $122.3M | +22% |
IHS's free cash flow has been positive every quarter for six years: $548M over the past year, down 28% from the year before.
RDDT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $362.6M | +98% |
| Q2 2026 | $260.7M | +135% |
| Q1 2026 | $311.2M | +146% |
| Q4 2025 | $263.6M | +196% |
| Q3 2025 | $183.1M | +161% |
| Q2 2025 | $110.8M | +308% |
| Q1 2025 | $126.6M | +333% |
| Q4 2024 | $89.2M | +$111.2M |
RDDT has the edge over IHS on cash flow, with more consistent year-over-year improvement.
IHS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +945K shares |
| 1 year | +2.5% | +8.5M shares |
| 3 years | +2.5% | +8.4M shares |
| 5 years | +4.9% | +16M shares |
| Available history | +17% | +50.5M shares |
IHS has 344M diluted shares, up 2.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q4 2023 | $4.3M |
| Q3 2023 | $5.7M |
| Q3 2022 | — |
| Q2 2022 | — |
| Q1 2022 | — |
RDDT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -169K shares |
| 1 year | -0.4% | -868K shares |
| 3 years | +24% | +38.5M shares |
| 5 years | +24% | +38.5M shares |
RDDT has the edge over IHS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $100.4M |
| Q2 2026 | $234.6M |
| Q1 2026 | $5M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | $4.2M |
| Q4 2022 | — |
IHS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.1x | Moderate |
| Q1 2026 | 2.1x | Moderate |
| Q4 2025 | 2.2x | Moderate |
| Q3 2025 | 2.5x | Moderate |
| Q2 2025 | 2.7x | Moderate |
| Q1 2025 | 2.7x | Moderate |
| Q4 2024 | 3.3x | Elevated |
| Q3 2024 | 4.0x | Elevated |
IHS's net debt is about 2.1 years of its operating earnings (EBITDA), down from 2.7 years a year ago.
RDDT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.5x | Net Cash |
| Q2 2026 | -1.9x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -2.1x | Net Cash |
| Q3 2025 | -3.3x | Net Cash |
| Q2 2025 | -5.0x | Net Cash |
| Q1 2025 | -13.1x | Net Cash |
RDDT has the edge over IHS on leverage, with a lower net debt burden relative to earnings.
IHS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.6 | Neutral |
| Stochastic | 70.7 | Neutral |
IHS's weekly RSI is 58 (neutral) and its Stochastic is 71 (neutral).
RDDT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.8 | Neutral |
| Stochastic | 6.5 | Oversold |
RDDT's weekly RSI is 35 (neutral) and its Stochastic is 6 (oversold).
IHS PE vs Communication Services Sector
| Metric | IHS | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 16x | 27% above |
| PE % | 77 | 32 | 45 pts above |
IHS is trading at 21x earnings, a 27% premium to the Communication Services sector's median of 16x, though its recent earnings include one-off gains.
RDDT PE vs Communication Services Sector
| Metric | RDDT | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 16x | 23% above |
| PE % | 5 | 23 | 18 pts below |
RDDT has the edge over IHS on valuation relative to its sector.
IHS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.42 | 0.1% below |
| 20 week MA | $8.36 | 0.6% above |
| 50 week MA | $8.15 | 3.2% above |
| 100 week MA | $6.80 | 24% above |
| 200 week MA | $6.00 | 40% above |
IHS has stronger trend alignment. IHS is above 4 of 5 weekly averages versus RDDT above 0 of 4.
RDDT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $130.6 | 24% below |
| 20 week MA | $151.7 | 34% below |
| 50 week MA | $165.0 | 40% below |
| 100 week MA | $167.1 | 40% below |
RDDT is in a downtrend: it's below all four of its weekly moving averages, and 40% below its 100-week average.
IHS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $16.7 | $14.3 | -14% |
| 2022 | $14.3 | $5.97 | -58% |
| 2023 | $5.97 | $4.60 | -23% |
| 2024 | $4.60 | $3.00 | -35% |
| 2025 | $3.00 | $7.28 | +143% |
| 2026 YTD | $7.28 | $8.41 | +16% |
IHS has the edge over RDDT on returns for 2026, with the stronger performance.
RDDT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $46.0 | $173.5 | +277% |
| 2025 | $173.5 | $225.8 | +30% |
| 2026 YTD | $225.8 | $99.6 | -56% |
RDDT has finished every year since 2024 higher, and it's down 56% so far in 2026.