IHS Holding: Downgrade To Hold As Profit Growth Outlook Is No Longer Attractive

Core Viewpoint - The analyst previously held a buy rating for IHS Holding Limited (IHS) due to its impressive adjusted EBITDA growth outlook, which the market has not fully recognized [1] Investment Philosophy - The investment approach is fundamentally driven, focusing on identifying businesses with potential for scaling and unlocking significant terminal value [1] - Emphasis is placed on understanding core business economics, including competitive moat, unit economics, reinvestment opportunities, and management quality, which are crucial for long-term free cash flow generation and shareholder value creation [1] - The analyst specializes in sectors with strong secular tailwinds, indicating a preference for industries poised for growth [1] Professional Background - The analyst has 10 years of self-education in investing and currently manages personal funds sourced from friends and family [1] - The motivation for writing on Seeking Alpha is to share investment insights and receive feedback from other investors, aiming to help readers focus on long-term equity value drivers [1] Analytical Approach - The analyst believes that good analysis should be both analytical and accessible, with the goal of providing value to readers seeking high-quality, long-term investment opportunities [1]