TIGO

Millicom International Cellular S.A. [TIGO] Stock Forecast

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TIGO Stock Summary

Earnings have grown 21.81% per last year.

TIGO has more than 8 years of cash runway (106 months)

Has a high level of debt. Debt-to-Equity ratio of 2.14 is considered high.

In the last year, shareholders have seen their holdings diluted. Dilution over past year is 67.95%

Earnings are expected to fall -100% next year

EPS has been decreasing for the past 3 quarters (Quarter statements)

Profit margins (-0.01%) are lower than the previous year (0%)

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In the News

02:55 29 Sep 2023 TIGO

Millicom International Cellular S.A. (TIGO) Q2 2023 Earnings Call Transcript

Millicom International Cellular S.A. (NASDAQ:TIGO ) Q2 2023 Earnings Conference Call July 27, 2023 8:00 AM ET Company Participants Mauricio Ramos - CEO Sheldon Bruha - CFO Conference Call Participants Andres Coello - Scotiabank Marcelo Santos - JP Morgan Phani Kanumuri - HSBC Fredrik Lithell - Handelsbanken Lucas Chaves - UBS Stefan Ward - Pareto Partners Operator Hello, everyone.

07:47 29 Sep 2023 TIGO

Millicom International Cellular Has Numerous Paths To Growth

Millicom International Cellular's net income fell 87% in Q1 2023, causing a 15% drop in share price; however, the company is pursuing growth opportunities and restructuring for long-term profitability. The company's Project Everest is expected to result in $50 million in net savings in 2023 and $100 million in 2024, significantly impacting the company's profitability. Despite potential risks such as discounting and foreign exchange challenges, I believe Millicom's stock is a buy due to its growth potential and depressed valuation.

01:31 29 Sep 2023 TIGO

Millicom International Cellular: There Is Plenty To Fix, But Potential Upside

Latin America's telecom sector is projected to grow by 4.4% from 2022 to 2025, with Millicom being a major player in the market, focusing on countries like Colombia, Panama, and Costa Rica. Millicom's debt stands at $6.8 billion, up 70% from 2017, but the company's operating profit has grown at an annual pace of 12.3%, showing potential for improvement and debt management. A discounted cash flow model yields a stock price of $53.56 for Millicom, indicating a potential upside for investors, but risks include emerging market challenges and market sentiment.

04:43 29 Sep 2023 TIGO

Millicom International Cellular S.A. (TIGO) Q1 2023 Earnings Call Transcript

Millicom International Cellular S.A. (NASDAQ:TIGO ) Q1 2023 Earnings Conference Call April 27, 2023 8:00 AM ET Company Participants Mauricio Ramos - CEO Sheldon Bruha - CFO Conference Call Participants Andres Coello - Scotiabank Marcelo Santos - JPMorgan Soomit Datta - New Street Research Lucas Chaves - UBS Fredrik Lithell - Handelsbanken Phani Kanumuri - HSBC Operator Hello, everyone.

03:04 29 Sep 2023 TIGO

Millicom International Cellular S.A. (TIGO) Q4 2022 Earnings Call Transcript

Research Solutions, Inc. (RSSS) Q4 2022 Earnings Conference Call February 10, 2023 8:00 AM ET Company Participants Sarah Inmon - Investor Relations Mauricio Ramos - Chief Executive Officer Sheldon Bruha - Chief Financial Officer Conference Call Participants Stefan Gauffin - DNB Sarah Inmon Hello everyone and welcome to our Fourth Quarter 2022 Results Conference Call. Before we begin, please take a moment to review the safe harbor disclosure on Slide 2 of the presentation, which is available on our website, along with the earnings release.

01:05 29 Sep 2023 TIGO

Millicom: Revisiting After 3 Years, Updating My Thesis With A 'Buy'

I wrote about Millicom International Cellular when I first started contributing to Seeking Alpha. However, my risk tolerance was somewhat different, and my position was thankfully small. I still maintain a watchlist-sized position in Millicom, and I do believe there is quality to be had in the company, but I now consider the risk ratio outsized.

04:39 29 Sep 2023 TIGO

Millicom (Tigo) to Present at the 2022 Morgan Stanley European Technology, Media & Telecom Conference

12:29 29 Sep 2023 TIGO

Millicom International Cellular S.A. (TIGO) Q3 2022 Earnings Call Transcript

Millicom International Cellular S.A. (NASDAQ:TIGO ) Q3 2022 Results Conference Call October 27, 2022 8:00 AM ET Company Participants Sarah Inmon - IR Mauricio Ramos - CEO Sheldon Bruha - CFO Conference Call Participants Stefan Gauffin - DNB Marcelo Santos - JPMorgan Soomit Datta - New Street Research Lucas Chavez - UBS Sarah Inmon Hello, everyone.

04:48 29 Sep 2023 TIGO

Millicom (Tigo) to Present at the 2022 Goldman Sachs Communacopia + Technology Conference

05:29 29 Sep 2023 TIGO

Millicom: Mobile Services And Stock Buyback Could Enhance The Price

Millicom International offers cable and mobile services in emerging markets. In my view, if Millicom successfully offers these new services to many of its current clients, revenue growth will likely trend higher.

TIGO Financial details

Company Rating

Strong Buy

Market Cap

2.73B

Income

-49M

Revenue

5.53B

Book val./share

21.16

Cash/share

4.07

Dividend

Dividend %

Employees

19.3K

Optionable

Shortable

Yes

Earnings

26 Oct 2023

P/E

-53.83

Forward P/E

PEG

5.06

P/S

0.48

P/B

0.73

P/C

3.78

P/FCF

29.07

Quick Ratio

0.64

Current Ratio

0.84

Debt / Equity

2.14

LT Debt / Equity

2.04

EPS (TTM)

-0.29

EPS next Y

EPS next Q

EPS this Y

-97.39%

EPS next Y

EPS next 5Y

EPS last 5Y

NAN%

Revenue last 5Y

6.66%

Revenue Q/Q

1.75%

EPS Q/Q

8.33%

SMA20

1.09%

SMA50

-5.65%

SMA100

-11.99%

Inst Own

3.91%

Inst Trans

0.96%

ROA

ROE

-1%

ROC

0.07%

Gross Margin

73%

Oper. Margin

15%

Profit Margin

-1%

Payout

Shs Outstand

171.77M

Shs Float

125.65M

Target Price

52W Range

10.22-21.15

52W High

-26.67%

52W Low

+54%

RSI

42.6

Rel Volume

0.65

Avg Volume

116.39K

Volume

76.11K

Perf Week

-1.41%

Perf Month

-2.9%

Perf Quarter

-16.44%

Perf Half Y

-14.87%

Beta

0.970608

Volatility

0.28%, 0.29%

Prev Close

0.2%

Price

15.4

Change

-0.77%

TIGO Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Revenue per share	31.74	33.66	32.43	35.91	40.45
Net income per share	-0.08	0.76	-2.9	4.59	0.12
Operating cash flow per share	6.17	6.22	6.38	7.44	9.23
Free cash flow per share	0.09	-0.82	-0.02	0.37	1.52
Cash per share	4.11	11.91	8.05	6.96	7.47
Book value per share	19.8	18.71	16.01	20.09	25.93
Tangible book value per share	3.25	-4.18	-8.78	-38.74	-26.8
Share holders equity per share	19.8	18.71	16.01	20.09	25.93
Interest debt per share	38.21	58.53	56.39	73.01	60.25
Market cap	7.76B	6.21B	4.99B	3.66B	1.76B
Enterprise value	11.81B	12.09B	10.82B	11.67B	8.54B
P/E ratio	-776.08	63.4	-13.37	6.2	109.76
Price to sales ratio	1.9	1.43	1.2	0.79	0.31
POCF ratio	9.8	7.76	6.08	3.83	1.37
PFCF ratio	646.73	-58.62	-1.66K	76.21	8.28
P/B Ratio	3.05	2.58	2.42	1.42	0.49
PTB ratio	3.05	2.58	2.42	1.42	0.49
EV to sales	2.9	2.79	2.6	2.53	1.52
Enterprise value over EBITDA	8.92	7.47	6.82	6.53	3.81
EV to operating cash flow	14.92	15.09	13.18	12.21	6.65
EV to free cash flow	984.4	-114.02	-3.61K	243.21	40.27
Earnings yield	0	0.02	-0.07	0.16	0.01
Free cash flow yield	0	-0.02	0	0.01	0.12
Debt to equity	1.8	2.92	3.26	3.45	2.17
Debt to assets	0.44	0.55	0.54	0.59	0.55
Net debt to EBITDA	3.06	3.63	3.68	4.49	3.03
Current ratio	0.57	1.1	0.89	0.51	0.97
Interest coverage	2.01	1.14	0.82	1.38	1.64
Income quality	8.8	2.89	-2.9	1.31	3.63
Dividend Yield	0.03	0.04	0	0	0
Payout ratio	-26.6	2.73	0	0	0
Sales general and administrative to revenue	0.16	0.11	0.11	0.11	0.09
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.23	0.25	0.27	0.51	0.52
Capex to operating cash flow	-0.98	-1.13	-1	-0.95	-0.83
Capex to revenue	-0.19	-0.21	-0.2	-0.2	-0.19
Capex to depreciation	-0.94	-0.82	-0.68	-0.76	-0.79
Stock based compensation to revenue	0.01	0.01	0.01	0	0.01
Graham number	5.89	17.89	32.32	45.54	8.19
ROIC	0.01	0.02	0.06	0.04	0
Return on tangible assets	0	0.01	-0.04	0.08	0
Graham Net	-51.3	-63.68	-66.72	-85.61	-65.17
Working capital	-1.15B	238M	-299M	-2.2B	-54M
Tangible asset value	417M	-538M	-1.13B	-4.98B	-3.73B
Net current asset value	-5.99B	-7.53B	-7.84B	-10.11B	-8.5B
Invested capital	1.8	2.92	3.26	3.45	2.17
Average receivables	522M	541M	622M	652M	601M
Average payables	285M	285.5M	311.5M	340.5M	373.5M
Average inventory	42M	35.5M	34.5M	50M	58M
Days sales outstanding	46.76	47.14	59.86	49.01	37.77
Days payables outstanding	89.82	87.83	104.11	97.28	96.95
Days of inventory on hand	12.42	9.73	11.53	17.66	12.85
Receivables turnover	7.81	7.74	6.1	7.45	9.66
Payables turnover	4.06	4.16	3.51	3.75	3.77
Inventory turnover	29.38	37.53	31.65	20.67	28.42
ROE	0	0.04	-0.18	0.23	0
Capex per share	-6.08	-7.04	-6.41	-7.06	-7.71

Quarterly Fundamentals Overview

Last date of statement is 2023-06-30 for Q2

Metric	2022-06-30	2022-09-30	2022-12-31	2023-03-31	2023-06-30
Revenue per share	12.75	8.12	8.08	8.01	8.13
Net income per share	-0.06	-0.29	0.25	-0.12	-0.13
Operating cash flow per share	2.56	1.81	2.43	1.18	1.62
Free cash flow per share	0.19	0.16	1.2	-0.84	0.01
Cash per share	6.84	5.17	6.08	5.28	4.07
Book value per share	31.58	20.7	21.1	21.22	21.16
Tangible book value per share	-33.87	20.95	-21.81	21.25	21
Share holders equity per share	31.58	20.7	21.1	21.22	21.16
Interest debt per share	70.85	46.98	46.59	46.91	46.19
Market cap	1.63B	1.95B	2.16B	3.23B	2.61B
Enterprise value	8.75B	8.96B	8.94B	10.2B	9.68B
P/E ratio	-58.24	-9.95	12.85	-40.42	-29.66
Price to sales ratio	1.13	1.4	1.56	2.36	1.87
POCF ratio	5.6	6.31	5.19	16.09	9.39
PFCF ratio	77.66	69.63	10.53	-22.46	1.31K
P/B Ratio	0.46	0.55	0.6	0.89	0.72
PTB ratio	0.46	0.55	0.6	0.89	0.72
EV to sales	6.05	6.45	6.47	7.45	6.95
Enterprise value over EBITDA	15.38	17.26	15.79	20.53	19.27
EV to operating cash flow	30.07	28.98	21.49	50.76	34.8
EV to free cash flow	416.75	319.84	43.61	-70.85	4.84K
Earnings yield	0	-0.03	0.02	-0.01	-0.01
Free cash flow yield	0.01	0.01	0.09	-0.04	0
Debt to equity	2.2	2.23	2.17	2.17	2.14
Debt to assets	0.55	0.56	0.55	0.55	0.54
Net debt to EBITDA	12.51	13.5	11.98	14.02	14.07
Current ratio	0.95	1.03	0.97	0.93	0.84
Interest coverage	1.72	1.42	1.68	1.31	1.33
Income quality	1.55	51.5	6.5	5.15	8.18
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0	0	0	0	0
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.52	0.52	0.52	0.53	0.53
Capex to operating cash flow	-0.93	-0.91	-0.51	-1.72	-0.99
Capex to revenue	-0.19	-0.2	-0.15	-0.25	-0.2
Capex to depreciation	-0.79	-0.82	-0.66	-1.04	-0.84
Stock based compensation to revenue	0	0.01	0.01	0.01	0.01
Graham number	6.62	11.56	10.8	7.48	7.82
ROIC	0	-0.19	0.01	-0.01	-0.02
Return on tangible assets	0	-0.01	0.01	0	0
Graham Net	-83.02	-53.9	-53.03	-55.1	-56.09
Working capital	-94M	56M	-54M	-140M	-349M
Tangible asset value	-3.84B	-3.83B	-3.73B	-4B	-4.11B
Net current asset value	-8.76B	-8.6B	-8.5B	-8.87B	-9.03B
Invested capital	2.2	2.23	2.17	2.17	2.14
Average receivables	586.5M	587M	589M	586M	638.5M
Average payables	367M	339.5M	362.5M	395.5M	376.5M
Average inventory	97M	85.5M	60M	60.5M	68.5M
Days sales outstanding	35.95	38.65	37.93	38.79	44.39
Days payables outstanding	80.66	79.27	96.77	94.6	85.74
Days of inventory on hand	23.7	16.34	12.82	16.45	16.34
Receivables turnover	2.5	2.33	2.37	2.32	2.03
Payables turnover	1.12	1.14	0.93	0.95	1.05
Inventory turnover	3.8	5.51	7.02	5.47	5.51
ROE	0	-0.01	0.01	-0.01	-0.01
Capex per share	-2.38	-1.64	-1.23	-2.02	-1.61

TIGO Frequently Asked Questions

What is Millicom International Cellular S.A. stock symbol ?

Millicom International Cellular S.A. is a LU stock and trading under the symbol TIGO

What is Millicom International Cellular S.A. stock quote today ?

Millicom International Cellular S.A. stock price is $15.4 today.

Is Millicom International Cellular S.A. stock public?

Yes, Millicom International Cellular S.A. is a publicly traded company.

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Company Profile

Volume Average 116.39K
Market Capitalization 2.73B
Employee 19.3K
CEO Mr. Mauricio Ramos Borrero
Headquarters Luxembourg City,LU
IPO Date 2019-01-09
Website 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. 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.