(TIGO) Millicom International - Overview
Exchange: NASDAQ •
Country: Luxembourg •
Currency: USD •
Type: Common Stock •
ISIN: LU0038705702
Stock: Mobile Services, Financial Services, Pay TV, Broadband, Business
Total Rating 63
Risk 65
Buy Signal 0.62
| Risk 5d forecast | |
|---|---|
| Volatility | 32.9% |
| Relative Tail Risk | -7.78% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.90 |
| Alpha | 172.68 |
| Character TTM | |
|---|---|
| Beta | -0.120 |
| Beta Downside | -0.702 |
| Drawdowns 3y | |
|---|---|
| Max DD | 26.69% |
| CAGR/Max DD | 2.48 |
EPS (Earnings per Share)
Revenue
Description: TIGO Millicom International March 04, 2026
Millicom International Cellular S.A. (TIGO) is a telecommunications company operating in Latin America.
The company provides mobile services, including data, voice, and SMS. It also offers mobile financial services, such as payments and money transfers, a growing segment in emerging markets.
Millicoms fixed services include broadband, fixed voice, and pay-TV. Additionally, it provides enterprise solutions like managed services and cloud offerings, and owns tower infrastructure, a common asset in the telecom sector.
TIGO serves residential, business, and government customers under the Tigo and Tigo Business brands.
For more detailed financial analysis and competitive landscape, consider exploring ValueRay.
Headlines to watch out for
- Latin American mobile data and voice subscriber growth
- Mobile financial services adoption drives new revenue streams
- Fixed broadband expansion increases residential market share
- Regulatory changes impact spectrum costs and market competition
- Currency fluctuations in Latin America affect reported earnings
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income: 1.32b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -0.39 > 1.0 |
| NWC/Revenue: -7.05% < 20% (prev -12.63%; Δ 5.58% < -1%) |
| CFO/TA 0.11 > 3% & CFO 1.84b > Net Income 1.32b |
| Net Debt (7.87b) to EBITDA (3.40b): 2.31 < 3 |
| Current Ratio: 0.88 > 1.5 & < 3 |
| Outstanding Shares: last quarter (168.0m) vs 12m ago -2.73% < -2% |
| Gross Margin: 72.34% > 18% (prev 0.59%; Δ 7.18k% > 0.5%) |
| Asset Turnover: 37.55% > 50% (prev 42.25%; Δ -4.70% > 0%) |
| Interest Coverage Ratio: 3.13 > 6 (EBITDA TTM 3.40b / Interest Expense TTM 678.0m) |
Altman Z'' 1.55
| A: -0.02 (Total Current Assets 2.98b - Total Current Liabilities 3.39b) / Total Assets 17.25b |
| B: 0.18 (Retained Earnings 3.09b / Total Assets 17.25b) |
| C: 0.14 (EBIT TTM 2.12b / Avg Total Assets 15.49b) |
| D: 0.19 (Book Value of Equity 2.65b / Total Liabilities 13.63b) |
| Altman-Z'' Score: 1.55 = BB |
Beneish M -2.40
| DSRI: 2.07 (Receivables 969.0m/467.0m, Revenue 5.82b/5.80b) |
| GMI: 0.82 (GM 72.34% / 59.36%) |
| AQI: 0.90 (AQ_t 0.51 / AQ_t-1 0.56) |
| SGI: 1.00 (Revenue 5.82b / 5.80b) |
| TATA: -0.03 (NI 1.32b - CFO 1.84b) / TA 17.25b) |
| Beneish M-Score: -2.40 (Cap -4..+1) = BBB |
What is the price of TIGO shares?
As of March 15, 2026, the stock is trading at USD 71.12 with a total of 1,309,789 shares traded.
Over the past week, the price has changed by +4.20%, over one month by +9.86%, over three months by +36.58% and over the past year by +171.38%.
Over the past week, the price has changed by +4.20%, over one month by +9.86%, over three months by +36.58% and over the past year by +171.38%.
Is TIGO a buy, sell or hold?
Millicom International has received a consensus analysts rating of 4.30.
Therefore, it is recommended to buy TIGO.
- StrongBuy: 5
- Buy: 3
- Hold: 2
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the TIGO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 72.6 | 2.1% |
| Analysts Target Price | 72.6 | 2.1% |
TIGO Fundamental Data Overview March 13, 2026
P/E Trailing = 9.083
P/E Forward = 18.3824
P/S = 2.0422
P/B = 3.2648
P/EG = 0.8857
Revenue TTM = 5.82b USD
EBIT TTM = 2.12b USD
EBITDA TTM = 3.40b USD
Long Term Debt = 6.56b USD (from longTermDebt, last quarter)
Short Term Debt = 622.0m USD (from shortTermDebt, last quarter)
Debt = 9.47b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.87b USD (from netDebt column, last quarter)
Enterprise Value = 19.75b USD (11.88b + Debt 9.47b - CCE 1.60b)
Interest Coverage Ratio = 3.13 (Ebit TTM 2.12b / Interest Expense TTM 678.0m)
EV/FCF = 16.86x (Enterprise Value 19.75b / FCF TTM 1.17b)
FCF Yield = 5.93% (FCF TTM 1.17b / Enterprise Value 19.75b)
FCF Margin = 20.14% (FCF TTM 1.17b / Revenue TTM 5.82b)
Net Margin = 22.62% (Net Income TTM 1.32b / Revenue TTM 5.82b)
Gross Margin = 72.34% ((Revenue TTM 5.82b - Cost of Revenue TTM 1.61b) / Revenue TTM)
Gross Margin QoQ = 77.78% (prev 77.96%)
Tobins Q-Ratio = 1.14 (Enterprise Value 19.75b / Total Assets 17.25b)
Interest Expense / Debt = 1.81% (Interest Expense 171.0m / Debt 9.47b)
Taxrate = 14.47% (45.0m / 311.0m)
NOPAT = 1.82b (EBIT 2.12b * (1 - 14.47%))
Current Ratio = 0.88 (Total Current Assets 2.98b / Total Current Liabilities 3.39b)
Debt / Equity = 2.60 (Debt 9.47b / totalStockholderEquity, last quarter 3.64b)
Debt / EBITDA = 2.31 (Net Debt 7.87b / EBITDA 3.40b)
Debt / FCF = 6.72 (Net Debt 7.87b / FCF TTM 1.17b)
Total Stockholder Equity = 3.48b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.49% (Net Income 1.32b / Total Assets 17.25b)
RoE = 37.85% (Net Income TTM 1.32b / Total Stockholder Equity 3.48b)
RoCE = 21.16% (EBIT 2.12b / Capital Employed (Equity 3.48b + L.T.Debt 6.56b))
RoIC = 18.75% (NOPAT 1.82b / Invested Capital 9.68b)
WACC = 3.73% (E(11.88b)/V(21.35b) * Re(5.47%) + D(9.47b)/V(21.35b) * Rd(1.81%) * (1-Tc(0.14)))
Discount Rate = 5.47% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -1.10%
[DCF] Terminal Value 88.43% ; FCFF base≈1.10b ; Y1≈1.35b ; Y5≈2.31b
[DCF] Fair Price = 354.7 (EV 67.14b - Net Debt 7.87b = Equity 59.27b / Shares 167.1m; r=5.90% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 56.46 | EPS CAGR: 65.30% | SUE: 0.53 | # QB: 0
Revenue Correlation: 37.54 | Revenue CAGR: 4.35% | SUE: 2.14 | # QB: 1
EPS next Quarter (2026-06-30): EPS=0.70 | Chg7d=-0.094 | Chg30d=-0.094 | Revisions Net=+0 | Analysts=1
EPS current Year (2026-12-31): EPS=3.65 | Chg7d=-0.123 | Chg30d=-0.123 | Revisions Net=+0 | Growth EPS=-6.2% | Growth Revenue=+37.9%
EPS next Year (2027-12-31): EPS=4.68 | Chg7d=+0.347 | Chg30d=+0.347 | Revisions Net=+2 | Growth EPS=+28.0% | Growth Revenue=+0.7%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Current Year)
[Growth] Implied Growth Rate = -3.1% (Discount Rate 7.9% - Earnings Yield 11.0%)
[Growth] Growth Spread = +52.0% (Analyst 48.9% - Implied -3.1%)
P/E Forward = 18.3824
P/S = 2.0422
P/B = 3.2648
P/EG = 0.8857
Revenue TTM = 5.82b USD
EBIT TTM = 2.12b USD
EBITDA TTM = 3.40b USD
Long Term Debt = 6.56b USD (from longTermDebt, last quarter)
Short Term Debt = 622.0m USD (from shortTermDebt, last quarter)
Debt = 9.47b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.87b USD (from netDebt column, last quarter)
Enterprise Value = 19.75b USD (11.88b + Debt 9.47b - CCE 1.60b)
Interest Coverage Ratio = 3.13 (Ebit TTM 2.12b / Interest Expense TTM 678.0m)
EV/FCF = 16.86x (Enterprise Value 19.75b / FCF TTM 1.17b)
FCF Yield = 5.93% (FCF TTM 1.17b / Enterprise Value 19.75b)
FCF Margin = 20.14% (FCF TTM 1.17b / Revenue TTM 5.82b)
Net Margin = 22.62% (Net Income TTM 1.32b / Revenue TTM 5.82b)
Gross Margin = 72.34% ((Revenue TTM 5.82b - Cost of Revenue TTM 1.61b) / Revenue TTM)
Gross Margin QoQ = 77.78% (prev 77.96%)
Tobins Q-Ratio = 1.14 (Enterprise Value 19.75b / Total Assets 17.25b)
Interest Expense / Debt = 1.81% (Interest Expense 171.0m / Debt 9.47b)
Taxrate = 14.47% (45.0m / 311.0m)
NOPAT = 1.82b (EBIT 2.12b * (1 - 14.47%))
Current Ratio = 0.88 (Total Current Assets 2.98b / Total Current Liabilities 3.39b)
Debt / Equity = 2.60 (Debt 9.47b / totalStockholderEquity, last quarter 3.64b)
Debt / EBITDA = 2.31 (Net Debt 7.87b / EBITDA 3.40b)
Debt / FCF = 6.72 (Net Debt 7.87b / FCF TTM 1.17b)
Total Stockholder Equity = 3.48b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.49% (Net Income 1.32b / Total Assets 17.25b)
RoE = 37.85% (Net Income TTM 1.32b / Total Stockholder Equity 3.48b)
RoCE = 21.16% (EBIT 2.12b / Capital Employed (Equity 3.48b + L.T.Debt 6.56b))
RoIC = 18.75% (NOPAT 1.82b / Invested Capital 9.68b)
WACC = 3.73% (E(11.88b)/V(21.35b) * Re(5.47%) + D(9.47b)/V(21.35b) * Rd(1.81%) * (1-Tc(0.14)))
Discount Rate = 5.47% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -1.10%
[DCF] Terminal Value 88.43% ; FCFF base≈1.10b ; Y1≈1.35b ; Y5≈2.31b
[DCF] Fair Price = 354.7 (EV 67.14b - Net Debt 7.87b = Equity 59.27b / Shares 167.1m; r=5.90% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 56.46 | EPS CAGR: 65.30% | SUE: 0.53 | # QB: 0
Revenue Correlation: 37.54 | Revenue CAGR: 4.35% | SUE: 2.14 | # QB: 1
EPS next Quarter (2026-06-30): EPS=0.70 | Chg7d=-0.094 | Chg30d=-0.094 | Revisions Net=+0 | Analysts=1
EPS current Year (2026-12-31): EPS=3.65 | Chg7d=-0.123 | Chg30d=-0.123 | Revisions Net=+0 | Growth EPS=-6.2% | Growth Revenue=+37.9%
EPS next Year (2027-12-31): EPS=4.68 | Chg7d=+0.347 | Chg30d=+0.347 | Revisions Net=+2 | Growth EPS=+28.0% | Growth Revenue=+0.7%
[Analyst] Revisions Ratio: +0.00 (1 Up / 1 Down within 30d for Current Year)
[Growth] Implied Growth Rate = -3.1% (Discount Rate 7.9% - Earnings Yield 11.0%)
[Growth] Growth Spread = +52.0% (Analyst 48.9% - Implied -3.1%)