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How to buy Millicom International Cellular stock (TIGO)

Buy Millicom International Cellular stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Millicom International Cellular is a telecom services business based in the US. Millicom International Cellular shares (TIGO) are listed on the NASDAQ and all prices are listed in US Dollars. Millicom International Cellular employs 16,500 staff and has a trailing 12-month revenue of around $5.8 billion.

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Millicom International Cellular stock price (NASDAQ: TIGO)

Use our graph to track the performance of TIGO stocks over time.

Millicom International Cellular shares at a glance

Information last updated 2024-09-02.
Latest market close$26.11
52-week range$14.46 - $26.87
50-day moving average $25.01
200-day moving average $20.75
Wall St. target price$29.62
PE ratio 43.0333
Dividend yield N/A (0%)
Earnings per share (TTM) $0.60

Is it a good time to buy Millicom International Cellular stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Millicom International Cellular price performance over time

Historical closes compared with the close of $26.11 from 2024-09-03

1 week (2024-08-29) 0.12%
1 month (2024-08-05) 3.37%
3 months (2024-06-05) 4.54%
6 months (2024-03-05) 47.76%
1 year (2023-09-05) 66.20%
2 years (2022-09-02) 99.31%
3 years (2021-09-03) 37.96
5 years (2019-09-05) 50.3125

Is Millicom International Cellular stock undervalued or overvalued?

Valuing Millicom International Cellular stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Millicom International Cellular's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Millicom International Cellular's P/E ratio

Millicom International Cellular's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 43x. In other words, Millicom International Cellular shares trade at around 43x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Millicom International Cellular's PEG ratio

Millicom International Cellular's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9254. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Millicom International Cellular's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Millicom International Cellular's EBITDA

Millicom International Cellular's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.2 billion.

The EBITDA is a measure of a Millicom International Cellular's overall financial performance and is widely used to measure a its profitability.

Millicom International Cellular financials

Revenue TTM $5.8 billion
Operating margin TTM 22.84%
Gross profit TTM $4.1 billion
Return on assets TTM 4.81%
Return on equity TTM -0.58%
Profit margin 1.83%
Book value $21.47
Market Capitalization $4.4 billion

TTM: trailing 12 months

Millicom International Cellular share dividends

We're not expecting Millicom International Cellular to pay a dividend over the next 12 months.

Have Millicom International Cellular's shares ever split?

Millicom International Cellular's shares were split on a 4:1 basis on 22 February 2004. So if you had owned 1 share the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your Millicom International Cellular shares – just the quantity. However, indirectly, the new 75% lower share price could have impacted the market appetite for Millicom International Cellular shares which in turn could have impacted Millicom International Cellular's share price.

Millicom International Cellular share price volatility

Over the last 12 months, Millicom International Cellular's shares have ranged in value from as little as $14.46 up to $26.87. A popular way to gauge a stock's volatility is its "beta".

TIGO.US volatility(beta: 1.23)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Millicom International Cellular's is 1.229. This would suggest that Millicom International Cellular's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Millicom International Cellular overview

Millicom International Cellular S. A. provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. The company also operates TIGO Sports for local entertainment; Tigo Money that allows its customers to send and receive money without the need for a bank account; and TIGO ONEtv for pay TV. In addition, it provides fixed services, including broadband and fixed voice; and fixed-voice and data telecommunications services, managed services, cloud and security solutions, and value-added services; and tower infrastructure and services. The company serves small, medium, and large businesses, as well as residential consumers and governmental entities.

Frequently asked questions

What percentage of Millicom International Cellular is owned by insiders or institutions?
Currently 1.789% of Millicom International Cellular shares are held by insiders and 5.177% by institutions.
How many people work for Millicom International Cellular?
Latest data suggests 16,500 work at Millicom International Cellular.
When does the fiscal year end for Millicom International Cellular?
Millicom International Cellular's fiscal year ends in December.
Where is Millicom International Cellular based?
Millicom International Cellular's address is: 2, Rue du Fort Bourbon, Luxembourg City, Luxembourg, 1249
What is Millicom International Cellular's ISIN number?
Millicom International Cellular's international securities identification number is: LU0038705702
What is Millicom International Cellular's CUSIP number?
Millicom International Cellular's Committee on Uniform Securities Identification Procedures number is: L6388F102

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