Millicom International Cellular S.A.(TIGO) Stock Research - Grey Stern Research
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Millicom International Cellular S.A. (TIGO) Stock Analysis

$26.36 (-1.01%)

TIGO Financial Performance


Use the table below to view Millicom International Cellular S.A.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $26.63 -
52 Week Low $14.46 -
52 Week High $26.87 -
Market Cap $4.6 Billion 11/17
Gross Margin 55% 5/17
Profit Margin 5% 11/17
EBITDA margin 43% 4/17
Q2 - 2024 Revenue $1.5 Billion 7/17
Q2 - 2024 Earnings $78.0 Million 11/17
Q2 - 2024 Free Cash Flow $319.7 Million 5/17
Trailing 4 Quarters Revenue $5.8 Billion 5/17
Trailing 4 Quarters Earnings $82.0 Million 9/17
Quarterly Earnings Growth 455% 2/17
Annual Earnings Growth 200% 1/17
Quarterly Revenue Growth 5% 3/17
Annual Revenue Growth 6% 3/17
Cash On Hand $845.0 Million 6/17
Short Term Debt $408.0 Million 8/17
Long Term Debt $6.2 Billion 5/17

Millicom International Cellular S.A. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Millicom International Cellular S.A.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 55.62 2/17
PS 0.78 13/17
PB 1.27 7/17
PC 5.40 13/17
Liabilities to Equity 2.88 6/17
ROA 0.01 4/17
ROE 0.02 5/17
Current Ratio 1.34 12/17
Quick Ratio 0.08 8/17
Long Term Debt to Equity 1.68 6/17
Debt to Equity 2.03 6/17
Burn Rate 3.12 5/17
Cash to Cap 0.19 5/17
CCR 4.10 2/17
EV to EBITDA 17.65 12/17
EV to Revenue 1.91 15/17

Company Details

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.

CEO: Mr. Mauricio Ramos Borrero

Website: https://www.millicom.com

Address: 2, Rue du Fort Bourbon Luxembourg City,

Exchange: NASDAQ Global Select

Industry: Telecom Services

Millicom International Cellular S.A. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Millicom International Cellular S.A.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Liberty Global plc LBTYK $7.4 Billion
Liberty Global plc LBTYA $7.4 Billion
Liberty Broadband Corporation LBRDA $8.6 Billion
Charter Communications, Inc. CHTR $46.7 Billion
KT Corporation KT $7.5 Billion
Liberty Broadband Corporation LBRDK $8.6 Billion
SK Telecom Co.,Ltd SKM $9.1 Billion
WideOpenWest, Inc. WOW $465.8 Million
Cogent Communications Holdings, Inc. CCOI $3.6 Billion
Telephone and Data Systems, Inc. TDS $2.4 Billion
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk TLK $19.4 Billion
PLDT Inc. PHI $5.7 Billion
Shenandoah Telecommunications Company SHEN $818.0 Million
Liberty Latin America Ltd. LILA $1.8 Billion
ATN International, Inc. ATNI $416.5 Million
TIM S.A. TIMB $8.0 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
TIGO Income Statements
Quarter Year Revenue Earnings
Q2 2024 $ 1.5 Billion $78.0 Million
Q1 2024 $ 1.5 Billion $92.0 Million
Q4 2023 $ 1.5 Billion -$63.0 Million
Q3 2023 $ 1.4 Billion -$25.0 Million
Q2 2023 $ 1.4 Billion -$22.0 Million
Q1 2023 $ 1.4 Billion -$20.0 Million
Q4 2022 $ 1.4 Billion $42.0 Million
Q3 2022 $ 1.4 Billion -$49.0 Million

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TIGO Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 $845.0 Million $14.2 Billion $7.5 Billion $3.6 Billion
Q1 2024 $622.0 Million $14.4 Billion $7.7 Billion $3.5 Billion
Q4 2023 $831.0 Million $14.5 Billion $7.7 Billion $3.4 Billion
Q3 2023 $759.0 Million $14.5 Billion $7.7 Billion $3.6 Billion
Q2 2023 $697.0 Million $14.5 Billion $7.8 Billion $3.6 Billion
Q1 2023 $903.0 Million $14.4 Billion $7.9 Billion $3.6 Billion
Q4 2022 $1.0 Billion $14.2 Billion $7.8 Billion $3.6 Billion
Q3 2022 $884.0 Million $14.2 Billion $7.9 Billion $3.5 Billion

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TIGO Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 $319.7 Million -$175.3 Million $170.0 Million
Q1 2024 -$10.0 Million -$250.0 Million -$153.0 Million
Q4 2023 $58.2 Million -$331.1 Million $20.0 Million
Q3 2023 $128.0 Million -$219.0 Million $62.0 Million
Q2 2023 $2.0 Million -$276.0 Million -$206.0 Million
Q1 2023 -$144.0 Million -$345.0 Million -$136.0 Million
Q4 2022 $205.0 Million -$211.0 Million $155.0 Million
Q3 2022 $28.0 Million -$281.0 Million $108.0 Million

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