(TIGO) Millicom International - Ratings and Ratios

Millicom International Cellular S.A. (NASDAQ: TIGO) is a leading telecommunications provider in Latin America, offering a comprehensive suite of digital services. The company operates through its consumer-facing brand Tigo and its business-focused division Tigo Business. Its mobile services include voice, data, SMS, and mobile financial services such as payments, money transfers, microloans, and insurance. The company also operates TIGO Money, a mobile financial platform enabling unbanked populations to access financial services, and TIGO ONEtv, a pay-TV service. On the fixed-line side, Millicom provides broadband, fixed voice, pay-TV, and enterprise solutions, including cloud services, cybersecurity, and managed IT infrastructure. The company serves a diverse customer base, ranging from residential users to large enterprises and government entities. Millicom is headquartered in Luxembourg and was founded in 1990.

TIGO has established a strong presence in Latin America, operating in nine countries across the region. The company has been actively expanding its 4G network coverage and upgrading its fixed broadband infrastructure to meet growing demand for high-speed internet. Millicom has also been a pioneer in digital inclusion, offering affordable connectivity solutions to underserved communities. Its TIGO Money platform has gained traction as a key player in mobile financial services, supporting financial inclusion in emerging markets. The company has also invested heavily in sports broadcasting through TIGO Sports, further diversifying its revenue streams.

From a technical perspective, TIGOs stock has shown upward momentum, with the price trading above its 20, 50, and 200-day moving averages. The stocks average true range (ATR) of 1.12 indicates moderate volatility. The 20-day moving average of 29.81 and 50-day moving average of 28.54 suggest near-term support levels. If the stock maintains its current trajectory, it could test resistance levels above 35 in the next three months, driven by improving fundamentals and positive momentum.

Fundamentally, Millicoms market cap of $5.1 billion reflects its scale and regional dominance. The forward P/E of 9.77 suggests investor expectations of earnings growth, while the current P/E of 20.71 indicates a premium for its established market position. The price-to-book ratio of 1.37 points to modest valuation relative to its asset base. The price-to-sales ratio of 0.88 highlights the companys ability to generate revenue efficiently. Return on equity of 5.29% reflects moderate profitability, though this is expected to improve as the company continues to invest in high-margin digital services and infrastructure.