(TIGO-SDB) Millicom International - Ratings and Ratios

Millicom International Cellular S.A., trading under the ticker TIGO-SDB on the Stockholm Exchange, stands as a prominent telecommunications provider in Latin America. Beyond traditional mobile services, the company offers a comprehensive suite of cable and financial services, including mobile data, voice, and financial solutions like payments and micro-insurance. This diversified approach underscores Millicoms strategic position in a region with significant growth potential.

The companys service portfolio is extensive, encompassing mobile and fixed services, as well as value-added solutions such as Tigo Money for financial transactions and Tigo Sports for entertainment. This integrated approach not only enhances customer experience but also creates multiple revenue streams. With a market capitalization of 50,802 million SEK, Millicoms financial metrics reveal a forward P/E of 9.12, suggesting attractive valuations for investors considering future growth.

Operating in nine Latin American countries, Millicoms strong brand presence is complemented by substantial infrastructure investments, including a network of over 26,000 towers. This infrastructure is crucial for maintaining service quality and supporting the anticipated rollout of 5G technologies. The company serves a diverse customer base, from individual consumers to large enterprises, highlighting its broad market reach.

For investors, Millicom presents an intriguing blend of growth and value. Its P/B ratio of 1.23 indicates that the stock is reasonably priced relative to its book value. The P/S ratio of 8.68 reflects a healthy revenue multiple. While the companys expansion into digital services and financial inclusion offers growth opportunities, investors should also consider risks such as regulatory challenges and competitive pressures in the telecom sector.