TIGO Stock Intrinsic Value – Millicom Increases Equity-Free Cash Flow Target for 2022-2024 Period
December 15, 2023
🌥️Trending News
MILLICOM INTERNATIONAL CELLULAR S.A ($NASDAQ:TIGO) is a Luxembourg-based telecommunications and media company that provides digital lifestyle services to its customers throughout Latin America and Africa. It has recently announced that it has increased its target for equity free cash flow over the 2022-2024 period. The company’s goal is to increase profitability through investments in innovative products and technologies, such as its recently launched Latin American streaming service, Flow. It also plans to increase its sales and marketing efforts and expand into new markets.
The company believes that these efforts will help it reach its new target for equity free cash flow. MILLICOM’s leadership is confident that its investments and strategic focus will enable the company to meet its goal of increasing equity free cash flow over the 2022-2024 period. With its long-term commitment to innovation and customer experience, MILLICOM is well-positioned to continue delivering strong financial performance and shareholder returns.
Stock Price
MILLICOM INTERNATIONAL CELLULAR S.A has announced an increase in its equity-free cash flow target for the 2022-2024 period. On Thursday, MILLICOM INTERNATIONAL CELLULAR S.A stock opened at $16.6 and closed at $16.7, up by 1.3% from the previous closing price of 16.5. This increase in the company’s equity-free cash flow target is a sign of strength and optimism for the future of the business and its growth prospects. The company’s new target is a result of its strong performance in the current period and its commitment to ensure financial sustainability in the coming years.
The company has also increased its focus on cost competitiveness and efficiency, which it believes will help it achieve its new target. With this new target, MILLICOM INTERNATIONAL CELLULAR S.A is confident that it can continue to deliver superior returns to shareholders over the medium to long term. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for TIGO. More…
| Total Revenues | Net Income | Net Margin |
| 5.57k | 38 | 0.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for TIGO. More…
| Operations | Investing | Financing |
| 1.24k | -966 | -405 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for TIGO. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 14.46k | 10.86k | 21.21 |
Key Ratios Snapshot
Some of the financial key ratios for TIGO are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.6% | 35.8% | 13.7% |
| FCF Margin | ROE | ROA |
| 3.4% | 13.1% | 3.3% |
Analysis – TIGO Stock Intrinsic Value
At GoodWhale, we have conducted an analysis of MILLICOM INTERNATIONAL CELLULAR S.A’s wellbeing. After our detailed assessment, we have concluded that the fair value of MILLICOM INTERNATIONAL CELLULAR S.A share is around $19.9, which was calculated using our proprietary Valuation Line. We also noticed that the current stock market value of MILLICOM INTERNATIONAL CELLULAR S.A stock is at $16.7, which is quite a fair price considering the current situation, but it is still undervalued by 16.0%. More…
Peers
The company has a strong presence in both regions, with over 55 million customers and operations in 19 countries. Millicom is a leading provider of mobile voice and data services, fixed-line telephony, and broadband internet. The company has a significant market share in both prepaid and postpaid mobile services. Millicom’s main competitors are Shaw Communications Inc, SK Telecom Co Ltd, and StarHub Ltd. These companies are all leading providers of telecommunications services in their respective markets. Shaw is the largest provider of telecommunications services in Canada, with over 10 million customers. SK Telecom is the largest mobile operator in South Korea, with over 50 million subscribers. StarHub is the largest provider of pay TV and broadband internet services in Singapore, with over 1 million customers.
– Shaw Communications Inc ($TSX:SJR.B)
Shaw Communications Inc is a Canadian telecommunications company that provides telephone, Internet, television, and wireless services to consumers and businesses in Canada. The company has a market capitalization of $17.67 billion as of 2022 and a return on equity of 12.9%. Shaw is one of the leading providers of telecommunications services in Canada and is headquartered in Calgary, Alberta.
– SK Telecom Co Ltd ($KOSE:017670)
SK Telecom Co Ltd is a South Korean wireless telecommunications operator, with headquarters in the Bundang District of Seongnam, South Korea. The company was founded in March 1984 as Korea’s first wireless telecommunications provider, and as of 2020, it is South Korea’s largest mobile telecommunications operator. SK Telecom is also the world’s first commercial CDMA2000 1xEV-DO service. The company controls around half of South Korea’s mobile market share, with 29 million subscribers as of 2020. The company’s stock trades on the Korea Exchange under the ticker symbol 017670.
SK Telecom has a market capitalization of 10.97 trillion won as of December 2020. The company’s return on equity (ROE) was 9.16% as of the same date.
SK Telecom is South Korea’s largest wireless telecommunications operator, with a 50% market share in the country. The company offers voice, data, and multimedia services to its customers, and also provides a wide range of mobile devices and accessories. SK Telecom’s multimedia services include T-money (a prepaid card used for public transportation), T-store (an app store), and Tcast (an online streaming service). The company also has a wide range of business solutions, including enterprise mobility, cloud, big data, and IoT.
– StarHub Ltd ($SGX:CC3)
Singaporean telecommunications company StarHub has a market capitalization of 1.82 billion as of 2022. The company’s return on equity is 24.2%. StarHub is a leading provider of mobile, broadband, and pay TV services in Singapore. The company offers a wide range of services to both residential and business customers. StarHub’s mobile network covers more than 99% of the country’s population. The company’s broadband network reaches more than 98% of households. StarHub’s pay TV service, HubTV, has more than 400 channels and is available in HD.
Summary
MILLICOM International Cellular S.A. (MILLICOM) is an international telecommunications and media company offering a wide range of digital services in Latin America and Africa. This move was primarily driven by the company’s strong operational performance and continued focus on cost optimization, as well as investments in its networks and services. Analysts believe that these new developments create a more attractive opportunity for investors in the company as its long-term growth potential looks promising.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
