Millicom International Cellular Future Growth
Future criteria checks 3/6
Millicom International Cellular is forecast to grow earnings and revenue by 37.1% and 2.7% per annum respectively. EPS is expected to grow by 35% per annum. Return on equity is forecast to be 10.8% in 3 years.
Key information
37.1%
Earnings growth rate
35.0%
EPS growth rate
| Wireless Telecom earnings growth | 14.0% |
| Revenue growth rate | 2.7% |
| Future return on equity | 10.8% |
| Analyst coverage | Good |
| Last updated | 21 May 2024 |
Recent future growth updates
Recent updates
Slowing Rates Of Return At Millicom International Cellular (NASDAQ:TIGO) Leave Little Room For Excitement
Apr 19
After Leaping 26% Millicom International Cellular S.A. (NASDAQ:TIGO) Shares Are Not Flying Under The Radar
Mar 28Millicom International Cellular S.A. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
Mar 15At US$18.10, Is Millicom International Cellular S.A. (NASDAQ:TIGO) Worth Looking At Closely?
Feb 29With Millicom International Cellular S.A. (NASDAQ:TIGO) It Looks Like You'll Get What You Pay For
Jan 25Millicom International Cellular Setting Up For A Great 2024
Jan 19Here's What To Make Of Millicom International Cellular's (NASDAQ:TIGO) Decelerating Rates Of Return
Dec 09Is Millicom International Cellular (NASDAQ:TIGO) A Risky Investment?
Nov 15Millicom International Cellular (NASDAQ:TIGO) Hasn't Managed To Accelerate Its Returns
Aug 21Millicom International Cellular (NASDAQ:TIGO) Has A Somewhat Strained Balance Sheet
Jul 28Millicom International Cellular (NASDAQ:TIGO) Has Some Way To Go To Become A Multi-Bagger
May 22Analyst Estimates: Here's What Brokers Think Of Millicom International Cellular S.A. (NASDAQ:TIGO) After Its First-Quarter Report
Apr 29Millicom International Cellular S.A.'s (NASDAQ:TIGO) Earnings Haven't Escaped The Attention Of Investors
Apr 18Millicom International Cellular (NASDAQ:TIGO) Takes On Some Risk With Its Use Of Debt
Mar 31Returns Are Gaining Momentum At Millicom International Cellular (NASDAQ:TIGO)
Feb 16Why Millicom International Cellular S.A. (NASDAQ:TIGO) Could Be Worth Watching
Jan 05Millicom International Cellular (NASDAQ:TIGO) Takes On Some Risk With Its Use Of Debt
Dec 15Returns On Capital At Millicom International Cellular (NASDAQ:TIGO) Have Hit The Brakes
Sep 26Does Millicom International Cellular (NASDAQ:TIGO) Have A Healthy Balance Sheet?
Aug 29Should You Think About Buying Millicom International Cellular S.A. (NASDAQ:TIGO) Now?
Aug 02Millicom International Cellular S.A. GAAP EPS of $1.14, revenue of $1.47B
Jul 28Investors Met With Slowing Returns on Capital At Millicom International Cellular (NASDAQ:TIGO)
Jun 02Is Millicom International Cellular S.A. (NASDAQ:TIGO) Potentially Undervalued?
Apr 19Here's Why Millicom International Cellular (NASDAQ:TIGO) Is Weighed Down By Its Debt Load
Apr 01Robust Earnings May Not Tell The Whole Story For Millicom International Cellular (NASDAQ:TIGO)
Feb 18The Returns At Millicom International Cellular (NASDAQ:TIGO) Aren't Growing
Feb 15Millicom International Cellular (NASDAQ:TIGO) Has No Shortage Of Debt
Oct 15Returns On Capital At Millicom International Cellular (NASDAQ:TIGO) Paint A Concerning Picture
Aug 23Millicom International Cellular (NASDAQ:TIGO) Use Of Debt Could Be Considered Risky
Jul 01Investors Could Be Concerned With Millicom International Cellular's (NASDAQ:TIGO) Returns On Capital
May 07Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 6,204 | 441 | 1,634 | 1,675 | 6 |
| 12/31/2025 | 6,027 | 396 | 1,609 | 1,544 | 10 |
| 12/31/2024 | 5,872 | 268 | 1,579 | 1,421 | 10 |
| 3/31/2024 | 5,779 | 3 | 174 | 1,262 | N/A |
| 12/31/2023 | 5,661 | -86 | 40 | 1,223 | N/A |
| 9/30/2023 | 5,567 | 34 | 191 | 1,242 | N/A |
| 6/30/2023 | 5,530 | 4 | 91 | 1,204 | N/A |
| 3/31/2023 | 5,585 | 39 | 110 | 1,217 | N/A |
| 12/31/2022 | 5,624 | 64 | 212 | 1,284 | N/A |
| 9/30/2022 | 5,498 | 666 | 183 | 1,308 | N/A |
| 6/30/2022 | 5,117 | 724 | 212 | 1,235 | N/A |
| 3/31/2022 | 4,670 | 618 | 206 | 1,137 | N/A |
| 12/31/2021 | 4,261 | 618 | 81 | 956 | N/A |
| 9/30/2021 | 4,094 | -94 | 18 | 812 | N/A |
| 6/30/2021 | 4,114 | -160 | -11 | 777 | N/A |
| 3/31/2021 | 4,082 | -182 | -6 | 802 | N/A |
| 12/31/2020 | 3,805 | -284 | -3 | 821 | N/A |
| 9/30/2020 | 4,233 | -54 | -84 | 794 | N/A |
| 6/30/2020 | 4,304 | -139 | -121 | 802 | N/A |
| 3/31/2020 | 4,389 | -43 | -168 | 760 | N/A |
| 12/31/2019 | 4,336 | 92 | -106 | 801 | N/A |
| 9/30/2019 | 4,166 | -226 | -99 | 763 | N/A |
| 6/30/2019 | 4,059 | -31 | -47 | 760 | N/A |
| 3/31/2019 | 4,005 | -10 | -1 | 772 | N/A |
| 12/31/2018 | 3,946 | 23 | 12 | 792 | N/A |
| 9/30/2018 | 4,022 | 151 | 30 | 823 | N/A |
| 6/30/2018 | 4,054 | 95 | -2 | 808 | N/A |
| 3/31/2018 | 4,055 | 60 | -31 | 789 | N/A |
| 12/31/2017 | 3,936 | 27 | N/A | 820 | N/A |
| 9/30/2017 | 4,071 | -118 | N/A | 787 | N/A |
| 6/30/2017 | 4,079 | -114 | N/A | 846 | N/A |
| 3/31/2017 | 4,075 | -43 | N/A | 902 | N/A |
| 12/31/2016 | 4,043 | -12 | N/A | 878 | N/A |
| 9/30/2016 | 4,690 | -304 | N/A | 1,169 | N/A |
| 6/30/2016 | 5,260 | -289 | N/A | 1,412 | N/A |
| 3/31/2016 | 5,929 | -411 | N/A | 1,525 | N/A |
| 12/31/2015 | 6,572 | -476 | N/A | 1,651 | N/A |
| 9/30/2015 | 6,796 | -39 | N/A | 1,456 | N/A |
| 6/30/2015 | 6,870 | 95 | N/A | 1,438 | N/A |
| 3/31/2015 | 6,651 | 365 | N/A | 1,436 | N/A |
| 12/31/2014 | 6,386 | 2,622 | N/A | 1,458 | N/A |
| 9/30/2014 | 5,683 | 2,651 | N/A | 1,506 | N/A |
| 6/30/2014 | 5,105 | 2,467 | N/A | 1,237 | N/A |
| 3/31/2014 | 4,726 | 2,362 | N/A | 968 | N/A |
| 12/31/2013 | 4,390 | 292 | N/A | 916 | N/A |
| 9/30/2013 | 4,500 | 302 | N/A | 1,105 | N/A |
| 6/30/2013 | 4,602 | 435 | N/A | 1,288 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TIGO's forecast earnings growth (37.1% per year) is above the savings rate (2.4%).
Earnings vs Market: TIGO's earnings (37.1% per year) are forecast to grow faster than the US market (14.6% per year).
High Growth Earnings: TIGO's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TIGO's revenue (2.7% per year) is forecast to grow slower than the US market (8.4% per year).
High Growth Revenue: TIGO's revenue (2.7% 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 (10.8%).