TIGO Intrinsic Stock Value – Millicom International Cellular S.A. Reports Lower than Expected Earnings and Revenue

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Millicom International Cellular ($NASDAQ:TIGO) S.A. recently reported their financial earnings and revenue, and the results have been lower than anticipated. According to their earnings report, Millicom’s GAAP EPS was $0.02, which fell short of expectations by $0.24. Despite this shortcoming, Millicom has remained optimistic and is looking ahead to the future. They are planning to invest in the expansion of their operations and are focusing on the development of their customer base and the introduction of innovative products and services.

In addition, they are also aiming to improve their efficiency and cost control in order to maximize their profits in the coming years. Although the recent report from Millicom has been less than expected, the company is confident that these measures will help them recover and remain competitive in the future. They have pledged to continue to work hard to ensure their shareholders are provided with value for their investments, and have made a commitment to creating sustainable long-term growth for their business.

Stock Price

On Thursday, MILLICOM INTERNATIONAL CELLULAR S.A’s stock opened at $17.6 and closed at $18.0, representing a drop of 5.8% from its previous closing price of 19.1. The company cited an uncertain economic environment caused by the COVID-19 pandemic as the reason for the lower than expected revenue and earnings. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for TIGO. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for TIGO. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for TIGO. More…

Key Ratios Snapshot

Some of the financial key ratios for TIGO are shown below. More…

Analysis – TIGO Intrinsic Stock Value

GoodWhale has conducted an analysis of the wellbeing of MILLICOM INTERNATIONAL CELLULAR S.A, and our proprietary Valuation Line indicates that the fair value of their share is around $21.6. As such, we believe that this presents a great opportunity for investors to capitalize on the discounted stock price. 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

The company reported a revenue of $1.37B, which also missed the analyst consensus estimate by $20M. Following the earnings release, the stock price moved down on the same day. Investors should consider analyzing the company’s financial and operational history, along with its current market position, to assess if it is a potential investment opportunity. They should also consider watching for hints from management about future growth strategies and potential opportunities to create further value.