TIGO 📈 Millicom International - Overview

Exchange: NASDAQ • Country: Luxembourg • Currency: USD • Type: Common Stock • ISIN: LU0038705702

TIGO: Mobile Services, Cable, Financial Services, Pay TV, Internet

Millicom International Cellular S.A., operating under the brand name Tigo, is a leading provider of digital services in Latin America, offering a comprehensive range of mobile and cable services. The company's mobile services include mobile data, voice services, and short message services, catering to the growing demand for mobile connectivity in the region. Additionally, it provides mobile financial services, such as payments, money transfers, and international remittances, which are particularly useful in areas where traditional banking services may be limited. The company also offers savings, real-time loans, and micro-insurance services, further expanding its portfolio of mobile financial solutions.

One of the key aspects of Millicom's business is its ability to provide entertainment services, including TIGO Sports, which offers local sports content to its customers. The company also operates Tigo Money, a mobile financial platform that enables customers to send and receive money without the need for a traditional bank account. This service is particularly useful in regions where access to banking services is limited. Furthermore, the company offers TIGO ONEtv, a pay TV service that provides a range of channels and content to its subscribers. In terms of fixed services, Millicom provides broadband and fixed voice services, as well as fixed-voice and data telecommunications services, managed services, cloud and security solutions, and value-added services.

Millicom's customer base is diverse, ranging from small, medium, and large businesses to residential consumers and governmental entities. The company markets its products and services under the Tigo and Tigo Business brands, catering to the specific needs of each segment. With a history dating back to 1990, Millicom has established itself as a major player in the Latin American telecommunications market. The company is headquartered in Luxembourg and is listed on the NASDAQ stock exchange under the ticker symbol TIGO. Its web presence can be found at https://www.millicom.com, and its ISIN is LU0038705702, classified as a common stock under the GICS Sub Industry of Wireless Telecommunication Services.

Additional Sources for TIGO Stock

TIGO Stock Overview

Market Cap in USD 4,337m
Sector Communication Services
Industry Telecom Services
GiC Sub-Industry Wireless Telecommunication Services
IPO / Inception 1994-02-28

TIGO Stock Ratings

Growth 5y -37.0%
Fundamental 44.6%
Dividend 18.2%
Rel. Strength Industry 4.74
Analysts 4/5
Fair Price Momentum 22.78 USD
Fair Price DCF 95.63 USD

TIGO Dividends

Dividend Yield 12m 0.00%
Yield on Cost 5y %
Annual Growth 5y 0.00%
Payout Consistency 60.8%

TIGO Growth Ratios

Growth Correlation 3m -79.3%
Growth Correlation 12m 89.2%
Growth Correlation 5y -59.4%
CAGR 5y -12.74%
CAGR/Mean DD 5y -0.27
Sharpe Ratio 12m 1.07
Alpha 8.94
Beta 1.05
Volatility 31.06%
Current Volume 155.6k
Average Volume 20d 165.2k
What is the price of TIGO stocks?
As of December 22, 2024, the stock is trading at USD 24.45 with a total of 155,580 shares traded.
Over the past week, the price has changed by +0.04%, over one month by -5.59%, over three months by -10.62% and over the past year by +37.30%.
Is Millicom International a good stock to buy?
Partly, yes. Based on ValueRay Fundamental Analyses, Millicom International (NASDAQ:TIGO) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 44.61 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of TIGO as of December 2024 is 22.78. This means that TIGO is currently overvalued and has a potential downside of -6.83%.
Is TIGO a buy, sell or hold?
Millicom International has received a consensus analysts rating of 4.00. Therefor, it is recommend to buy TIGO.
  • Strong Buy: 2
  • Buy: 4
  • Hold: 2
  • Sell: 0
  • Strong Sell: 0
What are the forecast for TIGO stock price target?
According to ValueRays Forecast Model, TIGO Millicom International will be worth about 24.6 in December 2025. The stock is currently trading at 24.45. This means that the stock has a potential upside of +0.61%.
Issuer Forecast Upside
Wallstreet Target Price 33.5 36.9%
Analysts Target Price 19.5 -20.2%
ValueRay Target Price 24.6 0.6%