MILLICOM INTERNATIONAL CELLULAR SA (TIGO)

94.83USD -1.13% (-1.08)

Over 1M: -2.3%

Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles and bars need the day’s open, high and low, and need room to be drawn in: past about a year of trading a body is thinner than a hairline, so those three offer the longest window that fits instead.

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7 Aug 12 Aug 17 Aug 20 Aug 25 Aug 28 Aug 2 Sep

Financials Annual

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
FY21 — Operating Income: 619M FY21 — Free Cash Flow: 216M FY21 — Net Income: 542M FY22 — Operating Income: 915M FY22 — Free Cash Flow: 484M FY22 — Net Income: 129M FY23 — Operating Income: 826M FY23 — Free Cash Flow: 409M FY23 — Net Income: -245M FY24 — Operating Income: 1.3B FY24 — Free Cash Flow: 1.1B FY24 — Net Income: 268M FY25 — Operating Income: 1.6B FY25 — Free Cash Flow: 1.1B FY25 — Net Income: 1.4B 0 400M 800M 1.2B 1.6B 2B
FY21 FY22 FY23 FY24 FY25
Operating Income Free Cash Flow Net Income

How it scores

For a valuation multiple, the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

6.2
Adj. EBITDA margin 50.4%
SBC / sales 0.24%
Oper. margin 28.2%
OE margin 18.4%
ROIC 11.0%
Accruals -2.2%
EBITDA margin 50.2%
Gross margin 77.5%
OCF margin 29.8%
Profit margin 23.4%
ROE 37.4%
FCF margin 18.6%
ROA 7.9%
Asset turnover 0.34×
OCF / EBIT 1.1×
Capex / sales 11.2%
ROCE —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

8.1
EV/EBIT 14.7×
EV/OE 22.5×
Div. yield 6.6%
FCF yield 6.8%
P/E 11.7×
Shareholder yield 6.6%
P/C 10.3×
EV/Sales 4.1×
P/B 4.4×
EV/GP —
Fwd P/E —
PEG —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

6.9
Cash-flow margin stability 3.2 pp
Revenue growth in the worst year on record 0.26%
Gross margin stability across years 2.0 pp
Segment HHI 0.54 HHI
Prepaid revenue growth —
RPO / sales —
RPO growth —

3 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

2.6
ND/EBITDA -0.34
Interest cover 2.3×
F-score 7.9 pts
Cash / Debt 0.16×
Debt payback 7.5 yr
Equity / Assets 21.1%
Payout 77.1%
Debt / Eq 2.7×
Net debt / Eq 2.2×
Cash runway —
Current ratio —
Quick ratio —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

5.2
Most recent margin move 5.1
Operating margin trend 3.4
Sales CAGR 4Y +8.1%
Sales/sh Y/Y +3.0%
Div. growth +506.9%
EBIT CAGR +27.6%
EPS Y/Y +422.0%
Gross profit Y/Y +34.4%
Shares change -2.6%
EBIT Y/Y +22.1%
EPS CAGR 4Y —
EPS next Y —
Sales Q/Q —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.