51.22 USD
+1.09 (+2.17%)
51.22 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to TIGO. TIGO was compared to 22 industry peers in the Wireless Telecommunication Services industry. While TIGO belongs to the best of the industry regarding profitability, there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on TIGO.
1. Profitability
1.1 Basic Checks
TIGO had positive earnings in the past year.
In the past year TIGO had a positive cash flow from operations.
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
Looking at the Return On Assets, with a value of 7.03%, TIGO belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
With an excellent Return On Equity value of 32.78%, TIGO belongs to the best of the industry, outperforming 90.91% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 9.61%, TIGO belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital 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.
With an excellent Gross Margin value of 76.96%, TIGO belongs to the best of the industry, outperforming 86.36% of the companies in the same industry.
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.
Compared to 1 year ago, TIGO has about the same amount of shares outstanding.
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 1.25. This is a bad value and indicates that TIGO is not financially healthy and even has some risk of bankruptcy.
TIGO's Altman-Z score of 1.25 is in line compared to the rest of the industry. TIGO outperforms 59.09% of its industry peers.
TIGO has a debt to FCF ratio of 8.59. This is a slightly negative value and a sign of low solvency as TIGO would need 8.59 years to pay back of 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.
TIGO has a Debt to Equity ratio of 2.33. This is in the lower half of the industry: TIGO underperforms 68.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.33 | ||
| Debt/FCF | 8.59 | ||
| Altman-Z | 1.25 |
ROIC/WACC1.34
WACC7.17%
2.3 Liquidity
A Current Ratio of 0.92 indicates that TIGO may have some problems paying its short term obligations.
The Current ratio of TIGO (0.92) is comparable to the rest of the industry.
TIGO has a Quick 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.
Looking at the Quick ratio, with a value of 0.89, TIGO is in line with its industry, outperforming 59.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.92 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 153.26% over the past year.
Measured over the past years, TIGO shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.40% on average per year.
TIGO shows a decrease in Revenue. In the last year, the revenue decreased by -4.39%.
TIGO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.01% yearly.
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
The Earnings Per Share is expected to grow by 29.70% on average over the next years. This is a very strong growth
Based on estimates for the next years, TIGO will show a small growth in Revenue. The Revenue will grow by 2.24% on average per year.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
Based on the Price/Earnings ratio of 21.98, the valuation of TIGO can be described as rather expensive.
TIGO's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.76, TIGO is valued at the same level.
Based on the Price/Forward Earnings ratio of 10.74, the valuation of TIGO can be described as reasonable.
TIGO's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. TIGO is cheaper than 72.73% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.96. TIGO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.98 | ||
| Fwd PE | 10.74 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TIGO indicates a somewhat cheap valuation: TIGO is cheaper than 68.18% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, TIGO is valued a bit cheaper than 68.18% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.7 | ||
| EV/EBITDA | 5.62 |
4.3 Compensation for Growth
The 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.
TIGO's earnings are expected to grow with 46.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y80.1%
EPS Next 3Y46.09%
5. Dividend
5.1 Amount
TIGO has a Yearly Dividend Yield of 5.78%, which is a nice return.
TIGO's Dividend Yield is a higher than the industry average which is at 5.54.
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%
51.22
+1.09 (+2.17%)
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 Cap8.56B
Revenue(TTM)5.59B
Net Income(TTM)1.10B
Analysts76.67
Price Target51.82 (1.17%)
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 | 21.98 | ||
| Fwd PE | 10.74 | ||
| P/S | 1.53 | ||
| P/FCF | 8.7 | ||
| P/OCF | 5.02 | ||
| P/B | 2.56 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.62 |
EPS(TTM)2.33
EY4.55%
EPS(NY)4.77
Fwd EY9.31%
FCF(TTM)5.88
FCFY11.49%
OCF(TTM)10.2
OCFY19.9%
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 | 1.25 |
F-Score6
WACC7.17%
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 21.98 and the Price/Book (PB) ratio is 2.56.
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.