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Millicom International Cellular NasdaqGS:TIGO Stock Report

Last Price

US$24.45

Market Cap

US$4.2b

7D

0.2%

1Y

35.9%

Updated

20 Dec, 2024

Data

Company Financials +

Millicom International Cellular S.A.

NasdaqGS:TIGO Stock Report

Market Cap: US$4.2b

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Millicom International Cellular S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Millicom International Cellular
Historical stock prices
Current Share PriceUS$24.45
52 Week HighUS$28.75
52 Week LowUS$15.55
Beta1.18
1 Month Change-6.32%
3 Month Change-12.18%
1 Year Change35.91%
3 Year Change-10.31%
5 Year Change-49.31%
Change since IPO38.72%

Recent News & Updates

Millicom: Excellent Outperformance On A Too Small Position

Oct 25

Recent updates

Millicom: Excellent Outperformance On A Too Small Position

Oct 25

Millicom International Cellular Q2 Earnings Preview (Rating Downgrade)

Jul 24

Millicom International Cellular (NASDAQ:TIGO) Is Doing The Right Things To Multiply Its Share Price

Jul 19
Millicom International Cellular (NASDAQ:TIGO) Is Doing The Right Things To Multiply Its Share Price

Millicom International Cellular (NASDAQ:TIGO) Use Of Debt Could Be Considered Risky

May 30
Millicom International Cellular (NASDAQ:TIGO) Use Of Debt Could Be Considered Risky

Slowing Rates Of Return At Millicom International Cellular (NASDAQ:TIGO) Leave Little Room For Excitement

Apr 19
Slowing Rates Of Return At Millicom International Cellular (NASDAQ:TIGO) Leave Little Room For Excitement

After Leaping 26% Millicom International Cellular S.A. (NASDAQ:TIGO) Shares Are Not Flying Under The Radar

Mar 28
After Leaping 26% Millicom International Cellular S.A. (NASDAQ:TIGO) Shares Are Not Flying Under The Radar

Millicom International Cellular S.A. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts

Mar 15
Millicom International Cellular S.A. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts

At US$18.10, Is Millicom International Cellular S.A. (NASDAQ:TIGO) Worth Looking At Closely?

Feb 29
At US$18.10, Is Millicom International Cellular S.A. (NASDAQ:TIGO) Worth Looking At Closely?

With Millicom International Cellular S.A. (NASDAQ:TIGO) It Looks Like You'll Get What You Pay For

Jan 25
With Millicom International Cellular S.A. (NASDAQ:TIGO) It Looks Like You'll Get What You Pay For

Millicom International Cellular Setting Up For A Great 2024

Jan 19

Here's What To Make Of Millicom International Cellular's (NASDAQ:TIGO) Decelerating Rates Of Return

Dec 09
Here's What To Make Of Millicom International Cellular's (NASDAQ:TIGO) Decelerating Rates Of Return

Is Millicom International Cellular (NASDAQ:TIGO) A Risky Investment?

Nov 15
Is Millicom International Cellular (NASDAQ:TIGO) A Risky Investment?

Millicom International Cellular (NASDAQ:TIGO) Hasn't Managed To Accelerate Its Returns

Aug 21
Millicom International Cellular (NASDAQ:TIGO) Hasn't Managed To Accelerate Its Returns

Millicom International Cellular (NASDAQ:TIGO) Has A Somewhat Strained Balance Sheet

Jul 28
Millicom International Cellular (NASDAQ:TIGO) Has A Somewhat Strained Balance Sheet

Millicom International Cellular (NASDAQ:TIGO) Has Some Way To Go To Become A Multi-Bagger

May 22
Millicom International Cellular (NASDAQ:TIGO) Has Some Way To Go To Become A Multi-Bagger

Analyst Estimates: Here's What Brokers Think Of Millicom International Cellular S.A. (NASDAQ:TIGO) After Its First-Quarter Report

Apr 29
Analyst Estimates: Here's What Brokers Think Of Millicom International Cellular S.A. (NASDAQ:TIGO) After Its First-Quarter Report

Millicom International Cellular S.A.'s (NASDAQ:TIGO) Earnings Haven't Escaped The Attention Of Investors

Apr 18
Millicom International Cellular S.A.'s (NASDAQ:TIGO) Earnings Haven't Escaped The Attention Of Investors

Millicom International Cellular (NASDAQ:TIGO) Takes On Some Risk With Its Use Of Debt

Mar 31
Millicom International Cellular (NASDAQ:TIGO) Takes On Some Risk With Its Use Of Debt

Returns Are Gaining Momentum At Millicom International Cellular (NASDAQ:TIGO)

Feb 16
Returns Are Gaining Momentum At Millicom International Cellular (NASDAQ:TIGO)

Why Millicom International Cellular S.A. (NASDAQ:TIGO) Could Be Worth Watching

Jan 05
Why Millicom International Cellular S.A. (NASDAQ:TIGO) Could Be Worth Watching

Millicom International Cellular (NASDAQ:TIGO) Takes On Some Risk With Its Use Of Debt

Dec 15
Millicom International Cellular (NASDAQ:TIGO) Takes On Some Risk With Its Use Of Debt

Returns On Capital At Millicom International Cellular (NASDAQ:TIGO) Have Hit The Brakes

Sep 26
Returns On Capital At Millicom International Cellular (NASDAQ:TIGO) Have Hit The Brakes

Does Millicom International Cellular (NASDAQ:TIGO) Have A Healthy Balance Sheet?

Aug 29
Does Millicom International Cellular (NASDAQ:TIGO) Have A Healthy Balance Sheet?

Should You Think About Buying Millicom International Cellular S.A. (NASDAQ:TIGO) Now?

Aug 02
Should You Think About Buying Millicom International Cellular S.A. (NASDAQ:TIGO) Now?

Shareholder Returns

TIGOUS Wireless TelecomUS Market
7D0.2%-6.3%-3.5%
1Y35.9%41.3%22.1%

Return vs Industry: TIGO underperformed the US Wireless Telecom industry which returned 41.3% over the past year.

Return vs Market: TIGO exceeded the US Market which returned 22.1% over the past year.

Price Volatility

Is TIGO's price volatile compared to industry and market?
TIGO volatility
TIGO Average Weekly Movement3.5%
Wireless Telecom Industry Average Movement7.5%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: TIGO has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: TIGO's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199015,000Marcelo Benitezwww.millicom.com

Millicom International Cellular S.A. provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. The company also operates TIGO Sports for local entertainment; Tigo Money that allows its customers to send and receive money without the need for a bank account; and TIGO ONEtv for pay TV.

Millicom International Cellular S.A. Fundamentals Summary

How do Millicom International Cellular's earnings and revenue compare to its market cap?
TIGO fundamental statistics
Market capUS$4.20b
Earnings (TTM)US$158.00m
Revenue (TTM)US$5.85b

26.5x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TIGO income statement (TTM)
RevenueUS$5.85b
Cost of RevenueUS$1.47b
Gross ProfitUS$4.38b
Other ExpensesUS$4.23b
EarningsUS$158.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 27, 2025

Earnings per share (EPS)0.92
Gross Margin74.91%
Net Profit Margin2.70%
Debt/Equity Ratio168.6%

How did TIGO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:07
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Millicom International Cellular S.A. is covered by 37 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Peter NielsenABG Sundal Collier
Jean-Michel SalvadorAlphaValue
Mathieu RobilliardBarclays