Millicom International Cellular SA SEDR TIGO SDB

Morningstar Rating
SEK 280.00 −5.60 (1.96%)
View Full Chart

Company Report

Millicom's Profitability Gains Have Been Impressive as Buyout Offer Looms

Millicom is a collection of telecom businesses serving nine countries in Latin America. Economic and political challenges in certain markets have hindered recent financial results. However, we expect that continued smartphone and broadband adoption, attractive competitive dynamics in several countries, and cost-cutting efforts will allow the firm to generate solid cash flow in the coming years.

Price vs Fair Value

TIGO SDB is trading at a 684% premium.
Price
SEK 285.60
Fair Value
SEK 689.00
Uncertainty
High
1-Star Price
SEK 188.00
5-Star Price
SEK 457.00
Economic Moat
Gjvmml
Capital Allocation
Vnndrnzq

Bulls Say, Bears Say

Bulls

Millicom holds strong wireless market share across nine Latin American countries with a combined population of 120 million people and owns high-quality cable networks that can provide broadband to 13 million homes and businesses in the region.

Bears

Millicom’s recent acquisitions have pushed its debt load much higher than historical levels. This debt amplifies the economic, political, and competitive risks the firm faces.

Trading Information

Previous Close Price
SEK 285.60
Day Range
SEK 279.40284.00
52-Week Range
SEK 159.90290.00
Bid/Ask
SEK 280.00 / SEK 280.20
Market Cap
SEK 47.97 Bil
Volume/Avg
225,357 / 256,459

Key Statistics

Price/Earnings (Normalized)
31.67
Price/Sales
0.79
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield
0.80%

Company Profile

Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia (100% owned), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%), Paraguay (100%), Colombia (50%), Costa Rica (100%), and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm’s fixed-line networks reach 13 million homes while its wireless networks cover about 120 million people. Increasingly, Millicom offers a converged package that may include fixed-line phone, broadband, and pay television in conjunction with wireless services. The firm plans to carve out its infrastructure assets and mobile financial services business in 2024.
Sector
Communication Services
Industry
Telecom Services
Stock Style Box
Small Core
Total Number of Employees
15,000

Competitors

Valuation

Metric
TIGO SDB
TV
AMX
Price/Earnings (Normalized)
31.670.2530.60
Price/Book Value
1.250.212.21
Price/Sales
0.790.361.08
Price/Cash Flow
2.921.943.77
Price/Earnings
TIGO SDB
TV
AMX

Financial Strength

Metric
TIGO SDB
TV
AMX
Quick Ratio
0.562.130.62
Current Ratio
0.972.310.71
Interest Coverage
1.60−0.081.82
Quick Ratio
TIGO SDB
TV
AMX

Profitability

Metric
TIGO SDB
TV
AMX
Return on Assets (Normalized)
−0.02%−1.18%2.46%
Return on Equity (Normalized)
−0.07%−2.63%10.34%
Return on Invested Capital (Normalized)
3.64%−0.26%7.76%
Return on Assets
TIGO SDB
TV
AMX

Telecom Services Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
T-Mobile US Inc
TMUS
ZslwgsfzDkksz$237.1 Bil
Verizon Communications Inc
VZ
XygnplvWwybtf$187.8 Bil
Comcast Corp Class A
CMCSA
HyzrdlqLqnvbkm$158.9 Bil
AT&T Inc
T
JhlskKzlxdzv$155.2 Bil
Deutsche Telekom AG ADR
DTEGY
QpyjvvzkmXglnpl$146.0 Bil
KDDI Corp ADR
KDDIY
PwlmktmrYydqbm$67.4 Bil
America Movil SAB de CV ADR - Series B
AMX
FryqthqqrJwkkfj$49.9 Bil
Charter Communications Inc Class A
CHTR
JgbgzzcsSbghm$45.3 Bil
BCE Inc
BCE
JtwvjtqxxQcbhkr$31.7 Bil
Orange SA ADR
ORAN
HmqjmjxhKrc$31.0 Bil

Sponsor Center