TIGO Stock Overview
Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa.
Millicom International Cellular Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$15.40|
|52 Week High||US$42.55|
|52 Week Low||US$14.48|
|1 Month Change||-13.92%|
|3 Month Change||-36.81%|
|1 Year Change||-61.68%|
|3 Year Change||-72.35%|
|5 Year Change||-74.12%|
|Change since IPO||-12.63%|
Recent News & Updates
Investors Met With Slowing Returns on Capital At Millicom International Cellular (NASDAQ:TIGO)
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
|TIGO||US Wireless Telecom||US Market|
Return vs Industry: TIGO underperformed the US Wireless Telecom industry which returned -10.2% over the past year.
Return vs Market: TIGO underperformed the US Market which returned -20.5% over the past year.
|TIGO Average Weekly Movement||10.6%|
|Wireless Telecom Industry Average Movement||9.3%|
|Market Average Movement||8.0%|
|10% most volatile stocks in US Market||16.6%|
|10% least volatile stocks in US Market||3.1%|
Stable Share Price: TIGO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: TIGO's weekly volatility (11%) has been stable over the past year.
About the Company
|1990||20,000||Mauricio Ramos Borrero||https://www.millicom.com|
Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. The company offers mobile services, including mobile data and voice; short message service; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. It also provides cable and other fixed services, including broadband, content, fixed voice, and pay-TV to residential consumers; and fixed, managed services, cloud and security solutions, and value-added services to small, medium, and large businesses, as well as governmental entities.
Millicom International Cellular Fundamentals Summary
|TIGO fundamental statistics|
Is TIGO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TIGO income statement (TTM)|
|Cost of Revenue||US$1.39b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 28, 2022
|Earnings per share (EPS)||5.87|
|Net Profit Margin||11.74%|
How did TIGO perform over the long term?See historical performance and comparison
Is TIGO undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TIGO?
Other financial metrics that can be useful for relative valuation.
|What is TIGO's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does TIGO's PE Ratio compare to its peers?
|TIGO PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
Price-To-Earnings vs Peers: TIGO is good value based on its Price-To-Earnings Ratio (2.6x) compared to the peer average (16.9x).
Price to Earnings Ratio vs Industry
How does TIGO's PE Ratio compare vs other companies in the Global Wireless Telecom Industry?
Price-To-Earnings vs Industry: TIGO is good value based on its Price-To-Earnings Ratio (2.6x) compared to the US Wireless Telecom industry average (24.1x)
Price to Earnings Ratio vs Fair Ratio
What is TIGO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||2.6x|
|Fair PE Ratio||22.7x|
Price-To-Earnings vs Fair Ratio: TIGO is good value based on its Price-To-Earnings Ratio (2.6x) compared to the estimated Fair Price-To-Earnings Ratio (22.7x).
Share Price vs Fair Value
What is the Fair Price of TIGO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TIGO ($15.4) is trading below our estimate of fair value ($44.02)
Significantly Below Fair Value: TIGO is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: TIGO is good value based on its PEG Ratio (0.1x)
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How is Millicom International Cellular forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TIGO's forecast earnings growth (22.4% per year) is above the savings rate (1.9%).
Earnings vs Market: TIGO's earnings (22.4% per year) are forecast to grow faster than the US market (13.9% per year).
High Growth Earnings: TIGO's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TIGO's revenue (4.2% per year) is forecast to grow slower than the US market (8.3% per year).
High Growth Revenue: TIGO's revenue (4.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TIGO's Return on Equity is forecast to be low in 3 years time (9.3%).
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How has Millicom International Cellular performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TIGO has a large one-off gain of $686.0M impacting its March 31 2022 financial results.
Growing Profit Margin: TIGO became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TIGO has become profitable over the past 5 years, growing earnings by 22% per year.
Accelerating Growth: TIGO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TIGO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Wireless Telecom industry (0.2%).
Return on Equity
High ROE: Whilst TIGO's Return on Equity (20.14%) is high, this metric is skewed due to their high level of debt.
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How is Millicom International Cellular's financial position?
Financial Health Score0/6
Financial Health Score 0/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TIGO's short term assets ($2.6B) do not cover its short term liabilities ($3.5B).
Long Term Liabilities: TIGO's short term assets ($2.6B) do not cover its long term liabilities ($8.9B).
Debt to Equity History and Analysis
Debt Level: TIGO's net debt to equity ratio (241.6%) is considered high.
Reducing Debt: TIGO's debt to equity ratio has increased from 107.8% to 266.5% over the past 5 years.
Debt Coverage: TIGO's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: TIGO's interest payments on its debt are not well covered by EBIT (1.3x coverage).
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What is Millicom International Cellular current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TIGO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TIGO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TIGO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TIGO's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: TIGO is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as TIGO has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mauricio Ramos Borrero (53 yo)
Mr. Mauricio Ramos Borrero serves as Chairman of the Board at Cable Onda, S.A. and its Director since December 13, 2018. He has been the Chief Executive Officer of Millicom International Cellular S.A. (For...
CEO Compensation Analysis
Compensation vs Market: Mauricio's total compensation ($USD19.52M) is above average for companies of similar size in the US market ($USD5.50M).
Compensation vs Earnings: Mauricio's compensation has been consistent with company performance over the past year.
Experienced Management: TIGO's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: TIGO's board of directors are considered experienced (3.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Millicom International Cellular S.A.'s employee growth, exchange listings and data sources
- Name: Millicom International Cellular S.A.
- Ticker: TIGO
- Exchange: NasdaqGS
- Founded: 1990
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Implied Market Cap: US$1.492b
- Shares outstanding: 100.47m
- Website: https://www.millicom.com
Number of Employees
- Millicom International Cellular S.A.
- 2, Rue du Fort Bourbon
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/24 00:00|
|End of Day Share Price||2022/06/24 00:00|
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.