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Millicom International Cellular SA TIGO Stock Quote

| Rating as of

NASDAQ: TIGO

Last close prices updated as of Feb 06, 2023, 11:29 AM EST | USD | BATS BZX Real-Time Price
  • Last Close 16.45
  • Sector Communication Services
  • Industry Telecom Services
  • Investment Style Small Value
  • Day Range 16.43  –  16.65
  • Year Range 10.22  –  20.21
  • Market Cap 2.8248 Bil
  • Volume / Avg 93,272.0 /  162,204.7
  • Price / Sales 0.36
  • Price / Book 0.79
  • Forward Div Yield
  • Trailing Div Yield 7.99%

Morningstar‘s Stock Analysis TIGO

Valuation
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Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

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Economic Moat

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Capital Allocation

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Millicom Faces a Volatile Future but We Expect Gradually Improving Performance

Business Strategy and Outlook

| Michael Hodel |

After several years of restructuring, Millicom is now best thought of as a collection of investments in Latin American telecom businesses. We expect the firm will spend the next couple of years primarily operating its businesses rather than reshaping its portfolio, allowing it to more clearly demonstrate its ability to generate cash flow.

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Key Statistics TIGO

Company Profile TIGO

Business Description

Millicom offers wireless and fixed-line telecom services primarily in smaller, less congested markets or in less developed countries in Latin America. Countries served include Bolivia (100% owned), Honduras (67%), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%), Paraguay (100%), Colombia (50%), and Costa Rica (100%). The firm’s fixed-line networks reach more than 12 million homes while its wireless networks cover about 130 million people. Increasingly, Millicom offers a converged package that may include fixed-line phone, broadband, and pay television in conjunction with wireless services. The firm plans to carve out its infrastructure assets and mobile financial services business in 2023.

Contact
2, Rue du Fort Bourbon
Luxembourg, L-1249, LUX
Industry Telecom Services
Employees 20,000

Related Articles TIGO

FAQs for Millicom International Cellular SA Stock

No. TIGO does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

TIGO’s market cap is 2.82 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

TIGO’s stock style is Small Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

TIGO’s price/sales is 0.36.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

TIGO’s price/forward earnings is 12.80.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

TIGO’s price/book is 0.79.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See TIGO’s valuation ratios compared to the Market Index.

TIGO’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare TIGO’s historical performance against its industry peers and the overall market.