50.92 USD
+0.5 (+0.99%)
TIGO gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 22 industry peers in the Wireless Telecommunication Services industry. TIGO has an excellent profitability rating, but there are concerns on its financial health. TIGO may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
TIGO had positive earnings in the past year.
TIGO had a positive operating cash flow in the past year.
In multiple years TIGO reported negative net income over the last 5 years.
In the past 5 years TIGO always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 7.03%, TIGO belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
TIGO's Return On Equity of 32.78% is amongst the best of the industry. TIGO outperforms 90.91% of its industry peers.
With an excellent Return On Invested Capital value of 9.61%, TIGO belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TIGO is in line with the industry average of 6.44%.
The last Return On Invested Capital (9.61%) for TIGO is above the 3 year average (6.73%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.03% | ||
| ROE | 32.78% | ||
| ROIC | 9.61% |
ROA(3y)0.84%
ROA(5y)0.73%
ROE(3y)3.19%
ROE(5y)3.14%
ROIC(3y)6.73%
ROIC(5y)5.05%
1.3 Margins
With an excellent Profit Margin value of 19.59%, TIGO belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
TIGO's Profit Margin has improved in the last couple of years.
The Operating Margin of TIGO (26.62%) is better than 100.00% of its industry peers.
TIGO's Operating Margin has improved in the last couple of years.
TIGO has a better Gross Margin (76.96%) than 86.36% of its industry peers.
TIGO's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.62% | ||
| PM (TTM) | 19.59% | ||
| GM | 76.96% |
OM growth 3Y33.38%
OM growth 5Y18.32%
PM growth 3Y-31.97%
PM growth 5Y4.87%
GM growth 3Y1.43%
GM growth 5Y0.99%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TIGO is creating some value.
The number of shares outstanding for TIGO remains at a similar level compared to 1 year ago.
TIGO has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, TIGO has an improved debt to assets ratio.
2.2 Solvency
TIGO has an Altman-Z score of 1.26. This is a bad value and indicates that TIGO is not financially healthy and even has some risk of bankruptcy.
TIGO has a Altman-Z score of 1.26. This is comparable to the rest of the industry: TIGO outperforms 59.09% of its industry peers.
The Debt to FCF ratio of TIGO is 8.59, which is on the high side as it means it would take TIGO, 8.59 years of fcf income to pay off all of its debts.
TIGO has a Debt to FCF ratio of 8.59. This is comparable to the rest of the industry: TIGO outperforms 45.45% of its industry peers.
TIGO has a Debt/Equity ratio of 2.33. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of TIGO (2.33) is worse than 68.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.33 | ||
| Debt/FCF | 8.59 | ||
| Altman-Z | 1.26 |
ROIC/WACC1.34
WACC7.16%
2.3 Liquidity
TIGO has a Current Ratio of 0.92. This is a bad value and indicates that TIGO is not financially healthy enough and could expect problems in meeting its short term obligations.
TIGO has a Current ratio (0.92) which is comparable to the rest of the industry.
A Quick Ratio of 0.89 indicates that TIGO may have some problems paying its short term obligations.
The Quick ratio of TIGO (0.89) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
TIGO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 153.26%, which is quite impressive.
TIGO shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -0.40% yearly.
TIGO shows a decrease in Revenue. In the last year, the revenue decreased by -4.39%.
The Revenue has been growing slightly by 6.01% on average over the past years.
EPS 1Y (TTM)153.26%
EPS 3Y-37.04%
EPS 5Y-0.4%
EPS Q2Q%93.33%
Revenue 1Y (TTM)-4.39%
Revenue growth 3Y10.85%
Revenue growth 5Y6.01%
Sales Q2Q%-0.77%
3.2 Future
TIGO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 29.70% yearly.
The Revenue is expected to grow by 2.24% on average over the next years.
EPS Next Y252.84%
EPS Next 2Y80.1%
EPS Next 3Y46.09%
EPS Next 5Y29.7%
Revenue Next Year-1.88%
Revenue Next 2Y6.41%
Revenue Next 3Y3.25%
Revenue Next 5Y2.24%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
TIGO is valuated rather expensively with a Price/Earnings ratio of 21.85.
The rest of the industry has a similar Price/Earnings ratio as TIGO.
TIGO is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.34, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 10.68 indicates a reasonable valuation of TIGO.
Based on the Price/Forward Earnings ratio, TIGO is valued a bit cheaper than the industry average as 72.73% of the companies are valued more expensively.
TIGO is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.56, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.85 | ||
| Fwd PE | 10.68 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TIGO is valued a bit cheaper than the industry average as 68.18% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, TIGO is valued a bit cheaper than the industry average as 68.18% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.65 | ||
| EV/EBITDA | 5.64 |
4.3 Compensation for Growth
TIGO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
TIGO has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as TIGO's earnings are expected to grow with 46.09% in the coming years.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y80.1%
EPS Next 3Y46.09%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.78%, TIGO is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.54, TIGO pays a bit more dividend than its industry peers.
TIGO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.78% |
5.2 History
TIGO has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y80.1%
EPS Next 3Y46.09%
NASDAQ:TIGO (12/9/2025, 3:35:31 PM)
50.92
+0.5 (+0.99%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners44.29%
Inst Owner Change18.26%
Ins Owners0.17%
Ins Owner ChangeN/A
Market Cap8.51B
Revenue(TTM)5.59B
Net Income(TTM)1.10B
Analysts76.67
Price Target51.82 (1.77%)
Short Float %2.22%
Short Ratio2.77
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.78% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-21.93%
Min EPS beat(2)-37.08%
Max EPS beat(2)-6.78%
EPS beat(4)1
Avg EPS beat(4)-22.88%
Min EPS beat(4)-74.67%
Max EPS beat(4)27.01%
EPS beat(8)2
Avg EPS beat(8)26.88%
EPS beat(12)3
Avg EPS beat(12)-9.23%
EPS beat(16)6
Avg EPS beat(16)130.13%
Revenue beat(2)0
Avg Revenue beat(2)-1.94%
Min Revenue beat(2)-3.31%
Max Revenue beat(2)-0.56%
Revenue beat(4)0
Avg Revenue beat(4)-4.31%
Min Revenue beat(4)-8.89%
Max Revenue beat(4)-0.56%
Revenue beat(8)1
Avg Revenue beat(8)-3.05%
Revenue beat(12)1
Avg Revenue beat(12)-3.28%
Revenue beat(16)1
Avg Revenue beat(16)-6.3%
PT rev (1m)8.04%
PT rev (3m)21.76%
EPS NQ rev (1m)56.72%
EPS NQ rev (3m)138.64%
EPS NY rev (1m)13.03%
EPS NY rev (3m)48.11%
Revenue NQ rev (1m)14.1%
Revenue NQ rev (3m)14.65%
Revenue NY rev (1m)2.24%
Revenue NY rev (3m)2.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.85 | ||
| Fwd PE | 10.68 | ||
| P/S | 1.52 | ||
| P/FCF | 8.65 | ||
| P/OCF | 4.99 | ||
| P/B | 2.54 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.64 |
EPS(TTM)2.33
EY4.58%
EPS(NY)4.77
Fwd EY9.36%
FCF(TTM)5.88
FCFY11.56%
OCF(TTM)10.2
OCFY20.02%
SpS33.49
BVpS20.01
TBVpS-22.46
PEG (NY)0.09
PEG (5Y)N/A
Graham Number32.39
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.03% | ||
| ROE | 32.78% | ||
| ROCE | 12.16% | ||
| ROIC | 9.61% | ||
| ROICexc | 11.12% | ||
| ROICexgc | 33.75% | ||
| OM | 26.62% | ||
| PM (TTM) | 19.59% | ||
| GM | 76.96% | ||
| FCFM | 17.57% |
ROA(3y)0.84%
ROA(5y)0.73%
ROE(3y)3.19%
ROE(5y)3.14%
ROIC(3y)6.73%
ROIC(5y)5.05%
ROICexc(3y)7.23%
ROICexc(5y)5.46%
ROICexgc(3y)21.48%
ROICexgc(5y)16.59%
ROCE(3y)8.52%
ROCE(5y)6.4%
ROICexgc growth 3Y24.05%
ROICexgc growth 5Y36.67%
ROICexc growth 3Y43.68%
ROICexc growth 5Y21.14%
OM growth 3Y33.38%
OM growth 5Y18.32%
PM growth 3Y-31.97%
PM growth 5Y4.87%
GM growth 3Y1.43%
GM growth 5Y0.99%
F-Score6
Asset Turnover0.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.33 | ||
| Debt/FCF | 8.59 | ||
| Debt/EBITDA | 2.89 | ||
| Cap/Depr | 59.7% | ||
| Cap/Sales | 12.87% | ||
| Interest Coverage | 2.62 | ||
| Cash Conversion | 63.19% | ||
| Profit Quality | 89.69% | ||
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 1.26 |
F-Score6
WACC7.16%
ROIC/WACC1.34
Cap/Depr(3y)66.21%
Cap/Depr(5y)68%
Cap/Sales(3y)15.35%
Cap/Sales(5y)17.27%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)153.26%
EPS 3Y-37.04%
EPS 5Y-0.4%
EPS Q2Q%93.33%
EPS Next Y252.84%
EPS Next 2Y80.1%
EPS Next 3Y46.09%
EPS Next 5Y29.7%
Revenue 1Y (TTM)-4.39%
Revenue growth 3Y10.85%
Revenue growth 5Y6.01%
Sales Q2Q%-0.77%
Revenue Next Year-1.88%
Revenue Next 2Y6.41%
Revenue Next 3Y3.25%
Revenue Next 5Y2.24%
EBIT growth 1Y29.59%
EBIT growth 3Y47.85%
EBIT growth 5Y25.43%
EBIT Next Year116.97%
EBIT Next 3Y33.92%
EBIT Next 5Y18.89%
FCF growth 1Y191.69%
FCF growth 3Y125.44%
FCF growth 5YN/A
OCF growth 1Y37.12%
OCF growth 3Y18.8%
OCF growth 5Y15.14%
MILLICOM INTL CELLULAR S.A. / TIGO FAQ
What is the ChartMill fundamental rating of MILLICOM INTL CELLULAR S.A. (TIGO) stock?
ChartMill assigns a fundamental rating of 5 / 10 to TIGO.
What is the valuation status for TIGO stock?
ChartMill assigns a valuation rating of 7 / 10 to MILLICOM INTL CELLULAR S.A. (TIGO). This can be considered as Undervalued.
Can you provide the profitability details for MILLICOM INTL CELLULAR S.A.?
MILLICOM INTL CELLULAR S.A. (TIGO) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for TIGO stock?
The Price/Earnings (PE) ratio for MILLICOM INTL CELLULAR S.A. (TIGO) is 21.85 and the Price/Book (PB) ratio is 2.54.
What is the expected EPS growth for MILLICOM INTL CELLULAR S.A. (TIGO) stock?
The Earnings per Share (EPS) of MILLICOM INTL CELLULAR S.A. (TIGO) is expected to grow by 252.84% in the next year.