-1.87%
9.07%
-0.41%
2.97%
64.41%
-3.78%
-43.01%
AI Spotlight on TIGO
Company Description
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.
As of December 31, 2021, the company served 44.9 million mobile customers; and 12.7 million cable homes.It markets its products and services under Tigo and Tigo Business brands.The company was founded in 1990 and is headquartered in Luxembourg.
Market Data
| Last Price | 26.7 |
| Change Percentage | -1.87% |
| Open | 27.05 |
| Previous Close | 27.21 |
| Market Cap ( Millions) | 4595 |
| Volume | 273713 |
| Year High | 28.75 |
| Year Low | 15.55 |
| M A 50 | 25.64 |
| M A 200 | 25.22 |
Financial Ratios
| FCF Yield | 14.19% |
| Dividend Yield | 3.75% |
| ROE | 4.32% |
| Debt / Equity | 190.54% |
| Net Debt / EBIDTA | 264.09% |
| Price To Book | 1.2 |
| Price Earnings Ratio | 28.96 |
| Price To FCF | 7.05 |
| Price To sales | 0.79 |
| EV / EBITDA | 4.52 |
News
- Feb -01 - Millicom International Cellular: 11% Dividend Yield, Near-Term Catalysts, Potential For Nearly 60% Upside
- Jan -27 - Millicom International Cellular: Continued Potential For Outperformance Exists In 2025
- Jan -20 - Millicom (Tigo) share repurchase activity
- Jan -15 - Notification of transaction by Directors of Millicom (Tigo)
- Jan -14 - Millicom (Tigo) announces new shareholder remuneration policy
- Jan -13 - Millicom (Tigo) share repurchase activity
- Jan -06 - Millicom (Tigo) share repurchase activity
- Dec -30 - Millicom (Tigo) share repurchase activity
- Dec -23 - Millicom (Tigo) share repurchase activity
- Dec -17 - Millicom (Tigo) updates on the conditions for its ongoing share repurchase activity
- Dec -16 - Millicom (Tigo) share repurchase activity
- Dec -11 - Millicom (Tigo) updates on Interim Dividend and intended SDR delisting from Nasdaq Stockholm
- Dec -09 - Millicom (Tigo) share repurchase activity
- Nov -29 - Millicom (Tigo) intends to consolidate listing of shares on NASDAQ U.S. by delisting SDRs from Nasdaq Stockholm and resumes shareholder remuneration
- Nov -13 - Notification of transaction by a closely associated person of a Director of Millicom (Tigo)
- Nov -09 - Millicom International Cellular S.A. (TIGO) Q3 2024 Earnings Call Transcript
- Nov -08 - Notification of share transaction by Director of Millicom (Tigo) shares
- Nov -07 - Millicom (Tigo) Q3 2024 Earnings Release
- Oct -25 - Millicom: Excellent Outperformance On A Too Small Position
- Oct -24 - Millicom (Tigo) notice of third quarter 2024 results and video conference
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Mobile
Expected Growth : 2.5 %
What the company do ?
Mobile from Millicom International Cellular S.A. is a mobile network operator providing wireless communication services in Latin America and Africa.
Why we expect these perspectives ?
Mobile segment growth of 2.5% driven by increasing smartphone penetration, data usage, and 4G network expansion in Latin America and Africa. Additionally, Millicom's focus on digital services, such as mobile financial services and streaming, contributes to growth. Cost savings initiatives and operational efficiencies also support the segment's growth.
Segment n°2 -> Fixed and Other Services
Expected Growth : 1.8 %
What the company do ?
Fixed and Other Services from Millicom International Cellular S.A. refers to the company's offerings beyond mobile services, including fixed-line telephony, broadband, and other value-added services.
Why we expect these perspectives ?
The 1.8% growth in Fixed and Other Services from Millicom International Cellular S.A. is driven by increasing demand for high-speed internet and data services, expansion into new markets, and strategic partnerships to enhance service offerings. Additionally, investments in network infrastructure and technology upgrades have improved service quality, attracting and retaining customers.
Segment n°3 -> Telephone and Equipment
Expected Growth : 1.2 %
What the company do ?
Millicom International Cellular S.A. provides telephone and equipment services, offering mobile and fixed-line telephony, data, and internet services to individuals and businesses.
Why we expect these perspectives ?
Millicom's Telephone and Equipment segment growth of 1.2% is driven by increasing demand for high-speed data services, expansion of 4G networks in Latin America, and growing adoption of smartphones in emerging markets. Additionally, the company's focus on cost savings initiatives and operational efficiencies also contribute to the segment's growth.
Segment n°4 -> Other
Expected Growth : 1.5 %
What the company do ?
Millicom International Cellular S.A.'s 'Other' segment includes revenue from mobile financial services, cable and satellite TV, and other miscellaneous sources.
Why we expect these perspectives ?
Millicom's 1.5% growth in 'Other' segment is driven by increasing demand for digital services, expansion of cable TV and broadband offerings, and strategic partnerships. Additionally, growing adoption of mobile financial services, such as mobile money and microfinance, contributes to the segment's growth.
Segment n°5 -> Mobile Financial Services
Expected Growth : 3.0 %
What the company do ?
Mobile Financial Services from Millicom International Cellular S.A. enables users to store, send, and receive money using their mobile phones, promoting financial inclusion.
Why we expect these perspectives ?
The 3.0% growth in Mobile Financial Services from Millicom International Cellular S.A. is driven by increasing mobile penetration, rising demand for digital payment solutions, and strategic partnerships with financial institutions. Additionally, the expansion of mobile money services into new markets and the growth of e-commerce transactions also contribute to this growth.
Millicom International Cellular S.A. Products
| Product Range | What is it ? |
|---|---|
| Mobile Voice | Mobile voice services allowing customers to make and receive calls, send SMS and MMS, and access mobile internet |
| Mobile Data | Mobile data services providing high-speed internet access on mobile devices |
| Fixed Line | Fixed line services providing high-speed internet, voice, and TV services to homes and businesses |
| Cable TV | Cable TV services providing access to a range of TV channels and on-demand content |
| Fiber-to-the-Home (FTTH) | High-speed fiber-optic internet services providing fast and reliable connectivity |
| Digital Services | Digital services including online storage, cybersecurity, and digital entertainment |
Millicom International Cellular S.A.'s Porter Forces
Threat Of Substitutes
Millicom International Cellular S.A. operates in a highly competitive industry, but the threat of substitutes is mitigated by the high switching costs for customers and the lack of viable alternatives to mobile telecommunications services.
Bargaining Power Of Customers
Millicom International Cellular S.A. faces significant bargaining power from its customers, particularly large corporate clients who can negotiate better rates and terms.
Bargaining Power Of Suppliers
Millicom International Cellular S.A. has a diverse supplier base, and the company's scale and bargaining power enable it to negotiate favorable terms with its suppliers.
Threat Of New Entrants
The threat of new entrants is low due to the high barriers to entry in the telecommunications industry, including the need for significant capital investments and regulatory approvals.
Intensity Of Rivalry
The telecommunications industry is highly competitive, with multiple players competing for market share, which leads to intense rivalry among firms.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 66.12% |
| Debt Cost | 3.95% |
| Equity Weight | 33.88% |
| Equity Cost | 9.58% |
| WACC | 5.85% |
| Leverage | 195.13% |
Millicom International Cellular S.A. : Quality Control
Millicom International Cellular S.A. passed 0 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| IAM.PA | Itissalat Al-Maghrib (IAM) S.A., together with its subsidiaries, provides various telecommunication services in Morocco and internationally. It offers mobile, fixed-line, Internet, and fixed-line broadband telecommunication services, as well as sells … |
| ELISA.HE | Elisa Oyj provides data communications and digital services. It operates in two segments, Consumer Customers and Corporate Customers segments. The company offers telecommunications and communications services, such as fixed and … |
| AAF.L | Airtel Africa Plc, together with its subsidiaries, provides telecommunications and mobile money services to customers in Nigeria, East Africa, and Francophone Africa. It offers prepaid and postpaid wireless voice, international … |
| TELIA.ST | Telia Company AB (publ) provides communication services in Sweden, Finland, Norway, Denmark, Lithuania, Estonia, and Latvia. The company offers mobile, broadband, television, and fixed-line services to businesses, individuals, families, and … |
| 1U1.DE | 1&1 AG, together with its subsidiaries, operates as a telecommunications provider in Germany. The company operates through Access and 5G segments. It provides broadband and mobile services; and wireless access … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Telia Company
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Elisa
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Airtel Africa
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4
Millicom
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1-Year Total Return ->
5
Itissalat Al-Maghrib
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1-Year Total Return ->
6
