First Time Loading...

Millicom International Cellular SA
NASDAQ:TIGO

Watchlist Manager
Millicom International Cellular SA Logo
Millicom International Cellular SA
NASDAQ:TIGO
Watchlist
Price: 18.65 USD 3.04%
Updated: Mar 1, 2024

Intrinsic Value

Millicom International Cellular SA is a LU-based company operating in Wireless Telecommunication Services industry. [ Read More ]

The intrinsic value of one TIGO stock under the Base Case scenario is 44.53 USD. Compared to the current market price of 18.65 USD, Millicom International Cellular SA is Undervalued by 58%.

Key Points:
TIGO Intrinsic Value
Base Case
44.53 USD
Undervaluation 58%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
Millicom International Cellular SA

Backtest TIGO Intrinsic Value
Dive into the past to invest in the future

Run backtest to discover the historical profit from buying and selling TIGO stocks based on their intrinsic value.

Analyze the historical link between intrinsic value and market price to make more informed investment decisions.

Run Backtest
Settings
Valuation Methods
Buy/Sell Thresholds
Buy When:
%
Sell When:
%
B
S
Run Backtest
How does it work?

Fundamental Analysis

Improving Outlook with Strategic Focus on Cash Flow
2023-Q4 Earnings Call

Improving Outlook with Strategic Focus on Cash Flow

During the earnings call, the executives highlighted the company's strategic focus on managing debt and optimizing cash flow, ultimately aiming for a leverage ratio of 2.5. With a consistent reduction in debt being a priority, the company expects an improvement in financial expenses. Revenue growth was moderate, with the B2B sector in Panama providing a lift. Mobile postpaid, particularly in Colombia and Panama, as well as prepaid in Guatemala, are driving growth in additions and pricing. Although the Home segment experienced flat performance, initiatives to enhance network capacities and offer competitive services are underway to stimulate growth. The company maintains a disciplined approach to CapEx to ensure solid payback and reduce churn. The company foresees 2024 as a significant year for cash flow, indicating a holistic improvement of the cost structure, capitalized market positions in Guatemala and Panama, and stabilization of spectrum costs.

Financials

Balance Sheet Decomposition
Millicom International Cellular SA

Current Assets 1.9B
Cash & Short-Term Investments 775m
Receivables 655m
Other Current Assets 485m
Non-Current Assets 12.6B
Long-Term Investments 576m
PP&E 4B
Intangibles 7.8B
Other Non-Current Assets 237m
Current Liabilities 2.3B
Accounts Payable 704m
Accrued Liabilities 444m
Other Current Liabilities 1.2B
Non-Current Liabilities 8.7B
Long-Term Debt 7.3B
Other Non-Current Liabilities 1.3B
Efficiency
Fundamental Scores

TIGO Profitability Score
Profitability Due Diligence

Millicom International Cellular SA's profitability score is 51/100. The higher the profitability score, the more profitable the company is.

Positive Gross Profit
ROE is Increasing
Positive 3-Years Revenue Growth
Positive 3-Year Average ROIC
51/100
Profitability
Score

Millicom International Cellular SA's profitability score is 51/100. The higher the profitability score, the more profitable the company is.

TIGO Solvency Score
Solvency Due Diligence

Millicom International Cellular SA's solvency score is 23/100. The higher the solvency score, the more solvent the company is.

Long-Term Solvency
Short-Term Solvency
High D/E
Positive Net Debt
23/100
Solvency
Score

Millicom International Cellular SA's solvency score is 23/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

TIGO Price Targets Summary
Millicom International Cellular SA

Wall Street analysts forecast TIGO stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for TIGO is 21.11 USD with a low forecast of 18.18 USD and a high forecast of 28.13 USD.

Lowest
Price Target
18.18 USD
3% Downside
Average
Price Target
21.11 USD
13% Upside
Highest
Price Target
28.13 USD
51% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Shareholder Return

TIGO Price
Millicom International Cellular SA

1M 1M
+9%
6M 6M
+20%
1Y 1Y
-4%
3Y 3Y
-51%
5Y 5Y
-67%
10Y 10Y
-76%
Annual Price Range
18.65
52w Low
14.64
52w High
19.97
Price Metrics
Average Annual Return -28.44%
Standard Deviation of Annual Returns 18.37%
Max Drawdown -82%
Shares Statistics
Market Capitalization 3.2B USD
Shares Outstanding 171 448 000
Percentage of Shares Shorted 0.11%

TIGO Return Decomposition
Main factors of price return

What is price return decomposition?

TIGO News

Other Videos

Company Profile

Millicom International Cellular SA Logo
Millicom International Cellular SA

Country

Luxembourg

Industry

Telecommunication

Market Cap

3.2B USD

Dividend Yield

0%

Description

Millicom International Cellular SA is a LU-based company operating in Wireless Telecommunication Services industry. Millicom International Cellular S.A. is a Luxembourg-based international digital telecommunications and media company. The company provides a wide range of fixed and mobile communications services, cable and satellite television, mobile financial services and local content, such as music and sports, to both private and business customers through its consumer brand TIGO. The firm's segments include Latin America, which focuses on mobile and cable services; and Africa, which covers mobile services with a focus on business to business customers.

Contact

Luxembourg
2 Rue du Fort Bourbon
+35227759021.0
http://www.millicom.com/

IPO

2004-01-01

Employees

20 687

Officers

CEO & Interim Executive Chairman
Mr. Mauricio Ramos Borrero
Senior EVP & CFO
Mr. Sheldon Bruha
President & COO
Mr. Maxime Lombardini
Vice President of Corporate Finance
Bart Vanhaeren
Chief Commercial & Technology Officer
Mr. Xavier Rocoplan
Chief Administrative Officer
Mr. Bruno Nieuwland
Show More
Vice President of Investor Relations
Mr. Michel Morin CFA
Executive VP, Chief Legal & Compliance Officer
Mr. Salvador Escalon
Director of Corporate Communications
Sofia Corral
Executive VP & Chief External Affairs Officer
Mr. Karim Lesina
Show Less

See Also

Discover More
What is the Intrinsic Value of one TIGO stock?

The intrinsic value of one TIGO stock under the Base Case scenario is 44.53 USD.

Is TIGO stock undervalued or overvalued?

Compared to the current market price of 18.65 USD, Millicom International Cellular SA is Undervalued by 58%.