Millicom International Cellular S.A.

Millicom International Cellular S.A.

TIGOยทNASDAQ

$86.07

-3.2%
Communication ServicesTelecommunications Services

Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. The company offers mobile services, including mobile data and voice; short message service; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. It also provides cable and other fixed services, including broadband, content, fixed voice, and pay-TV to residential consumers; and fixed, managed services, cloud and security solutions, and value-added services to small, medium, and large businesses, as well as governmental entities. As of December 31, 2021, the company served 44.9 million mobile customers; and 12.7 million cable homes. It markets its products and services under Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg.

At a Glance

Live Snapshot
Market Cap$14.42B
EPS7.8600
P/E Ratio10.95
Earnings Date08/06/2026
Millicom International Cellular S.A.

Millicom International Cellular S.A. Fair Value Envelope

TIGO ยท NASDAQ

Our analysis suggests that TIGO has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $86.07, this represents a potential HIDDEN relative to our calculated worth for Millicom International Cellular S.A..

Intrinsic Value
Current Price: $86.07

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$35.9B
+ Cash & Equivalents$1.6B
Firm Value$37.5B
- Debt$9.5B
Equity Value$28.0B
/ Shares Outstanding167,541,000B
DCF Value$167
UNDERVALUED BY 94%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.9B
$2.0B
$2.1B
$2.2B
$2.3B
$2.4B
$2.5B
$2.7B
$2.8B
$2.9B
Maintenance CapEx
-$136.2M
-$142.7M
-$149.6M
-$156.7M
-$164.2M
-$172.1M
-$180.3M
-$188.9M
-$198.0M
-$207.4M
Owner Earnings
$1.8B
$1.9B
$2.0B
$2.1B
$2.2B
$2.3B
$2.4B
$2.5B
$2.6B
$2.7B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.7B
$1.6B
$1.6B
$1.5B
$1.5B
$1.4B
$1.4B
$1.3B
$1.3B
$1.3B
Terminal Value represents 59.6% of Enterprise Value