Millicom International Cellular
Market Cap
US$5.2b
Last Updated
2019/09/20 23:52 UTC
Data Sources
Company Financials +
Executive Summary
Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa.
Snowflake
Fundamentals
Second-rate dividend payer with moderate growth potential.
Similar Companies
Share Price & News
How has Millicom International Cellular's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-0.9%
MICC.F
-0.4%
US Wireless Telecom
-0.6%
US Market
1 Year Return
-9.6%
MICC.F
5.2%
US Wireless Telecom
0.6%
US Market
MICC.F underperformed the Wireless Telecom industry which returned 6% over the past year.
MICC.F underperformed the Market in United States of America which returned 1.1% over the past year.
Share holder returns
| MICC.F | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.9% | -0.4% | -0.6% |
| 30 Day | 3.2% | 1.3% | 2.2% |
| 90 Day | n/a | -1.0% | 1.1% |
| 1 Year | -9.6%-9.6% | 6.4%5.2% | 2.9%0.6% |
| 3 Year | -1.8%-1.8% | 32.9%27.8% | 44.6%35.2% |
| 5 Year | -36.5%-36.5% | 42.3%28.6% | 61.9%44.2% |
Price Volatility Vs. Market
How volatile is Millicom International Cellular's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Millicom International Cellular undervalued based on future cash flows and its price relative to the stock market?
>50%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Millicom International Cellular's share price is below the future cash flow value, and at a moderate discount (> 20%).
Millicom International Cellular's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
Millicom International Cellular is loss making, we can't compare its value to the US Wireless Telecom industry average.
Millicom International Cellular is loss making, we can't compare the value of its earnings to the United States of America market.
Price Based on Expected Growth
Unable to calculate PEG ratio for Millicom International Cellular, we can't assess if its growth is good value.
Price Based on Value of Assets
Millicom International Cellular is overvalued based on assets compared to the US Wireless Telecom industry average.
Next Steps
Future Growth
How is Millicom International Cellular expected to perform in the next 1 to 3 years based on estimates from 11 analysts?
47.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Millicom International Cellular's revenue is expected to grow by 6.4% yearly, however this is not considered high growth (20% yearly).
Millicom International Cellular's earnings are expected to grow significantly at over 20% yearly.
Millicom International Cellular's revenue growth is positive but not above the United States of America market average.
Millicom International Cellular's earnings growth is expected to exceed the United States of America market average.
Millicom International Cellular's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Earnings per Share Growth Estimates
Future Return on Equity
Millicom International Cellular is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
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Past Performance
How has Millicom International Cellular performed over the past 5 years?
-70.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Millicom International Cellular does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
Unable to compare Millicom International Cellular's 1-year earnings growth to the 5-year average as it is not currently profitable.
Unable to compare Millicom International Cellular's 1-year growth to the US Wireless Telecom industry average as it is not currently profitable.
Return on Equity
It is difficult to establish if Millicom International Cellular has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
Return on Assets
Millicom International Cellular used its assets less efficiently than the US Wireless Telecom industry average last year based on Return on Assets.
Return on Capital Employed
It is difficult to establish if Millicom International Cellular improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
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Financial Health
How is Millicom International Cellular's financial position?
Financial Position Analysis
Millicom International Cellular's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Millicom International Cellular's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Millicom International Cellular's level of debt (194.6%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (131.4% vs 194.6% today).
Debt is not well covered by operating cash flow (15%, less than 20% of total debt).
Millicom International Cellular is making a loss, therefore interest payments are not well covered by earnings.
Balance Sheet
High level of physical assets or inventory.
Debt is not covered by short term assets, assets are 0.4x debt.
Next Steps
Dividend
What is Millicom International Cellular's current dividend yield, its reliability and sustainability?
5.19%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Millicom International Cellular's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
Millicom International Cellular's dividend is above the markets top 25% of dividend payers in United States of America (3.71%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
The company is paying a dividend however it is incurring a loss.
Future Payout to Shareholders
Dividends after 3 years are not well covered by earnings (0.7x coverage).
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Management
What is the CEO of Millicom International Cellular's salary, the management and board of directors tenure and is there insider trading?
4.4yrs
Average management tenure
CEO
Mauricio Ramos Borrero (51yo)
4.4yrs
Tenure
Mr. Mauricio Ramos Borrero has been the Chief Executive Officer of Millicom Cable Costa Rica, S.A. since April 1, 2015. Mr. Ramos serves as a Member of the Management Board of Chellomedia. Mr. Ramos served ...
Management Age and Tenure
4.4yrs
Average Tenure
47yo
Average Age
The tenure for the Millicom International Cellular management team is about average.
Board Age and Tenure
1.0yrs
Average Tenure
58yo
Average Age
The average tenure for the Millicom International Cellular board of directors is less than 3 years, this suggests a new board.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Mauricio Ramos Borrero (51yo)
President & CEO
- Tenure: 4.4yrs
Bruno Nieuwland (47yo)
Director of Administration
- Tenure: 0yrs
Tim Pennington (59yo)
Senior EVP & CFO
- Tenure: 5.3yrs
Michel Morin
Vice President of Investor Relations
- Tenure: 2.5yrs
Xavier Rocoplan (45yo)
Executive VP and Chief Technology & Information Officer
- Tenure: 6.8yrs
Salvador Escalón (44yo)
Executive VP & General Counsel
- Tenure: 6.5yrs
H. Rogers (42yo)
Executive VP and Chief Ethics & Compliance Officer
- Tenure: 3.1yrs
Vivian Kobeh
Corporate Communications Director
- Tenure: 0yrs
Susy Bobenrieth (54yo)
Executive VP & Chief Human Resources Officer
- Tenure: 1.9yrs
Bart Vanhaeren
Vice President of Corporate Finance
- Tenure: 0yrs
Board Members
Mercedes Johnson (65yo)
Director
- Tenure: 0.3yrs
José Antonio Ríos García (74yo)
Chairman of the Board
- Tenure: 0.7yrs
Janet Davidson (63yo)
Non-Executive Director
- Tenure: 3.3yrs
Tomas Eliasson (57yo)
Non-Executive Director
- Tenure: 5.3yrs
Pernille Erenbjerg (52yo)
Deputy Chairman
- Tenure: 0yrs
Jim Thompson
Non-Executive Director
- Tenure: 0.7yrs
Odilon Almeida (58yo)
Non-Executive Director
- Tenure: 4.3yrs
Lars-Åke Norling (51yo)
Non-Executive Director
- Tenure: 1yrs
Company Information
Millicom International Cellular S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Millicom International Cellular S.A.
- Ticker: MICC.F
- Exchange: OTCPK
- Founded: 1990
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Market Cap: US$5.197b
- Shares outstanding: 101.12m
- Website: https://www.millicom.com
Number of Employees
Location
- Millicom International Cellular S.A.
- 2, Rue du Fort Bourbon
- Luxembourg City
- 1249
- Luxembourg
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TIGO | NasdaqGS (Nasdaq Global Select) | Yes | Registered Common Shares | US | USD | Dec 1993 |
| M4M1 | HMSE (Hamburg Stock Exchange) | Yes | Registered Common Shares | DE | EUR | Dec 1993 |
| MICC.F | OTCPK (Pink Sheets LLC) | SDR EACH REP 1 USD1.50 | US | USD | Mar 2004 | |
| TIGO SDB | OM (OMX Nordic Exchange Stockholm) | SDR EACH REP 1 USD1.50 | SE | SEK | Mar 2004 | |
| 0GRK | LSE (London Stock Exchange) | SDR EACH REP 1 USD1.50 | GB | SEK | Mar 2004 | |
| M4M | DB (Deutsche Boerse AG) | SDR EACH REP 1 USD1.50 | DE | EUR | Mar 2004 |
Biography
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 f ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/20 23:52 |
| End of Day Share Price | 2019/09/18 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.