Millicom International Cellular SA (TIGO) Stock Analysis — PE Ratio, PS Ratio, Intrinsic Value & 2030 Price Target
Millicom International Cellular SA stock (TIGO) is currently trading at $76.95. Millicom International Cellular SA PE ratio is 9.59. Millicom International Cellular SA PS ratio (Price-to-Sales) is 2.16. Analyst consensus price target for TIGO is $72.62. WallStSmart rates TIGO as Buy.
- TIGO PE ratio analysis and historical PE chart
- TIGO PS ratio (Price-to-Sales) history and trend
- TIGO intrinsic value — DCF, Graham Number, EPV models
- TIGO stock price prediction 2025 2026 2027 2028 2029 2030
- TIGO fair value vs current price
- TIGO insider transactions and insider buying
- Is TIGO undervalued or overvalued?
- Millicom International Cellular SA financial analysis — revenue, earnings, cash flow
- TIGO Piotroski F-Score and Altman Z-Score
- TIGO analyst price target and Smart Rating
Millicom International Cellular SA
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TIGO Intrinsic Value Analysis for Value Investors
Benjamin Graham Formula · Millicom International Cellular SA (TIGO)
TIGO trades at a significant discount to its Graham intrinsic value of $366.44, offering a 82% margin of safety — a level value investors typically seek before buying.
Based on Benjamin Graham Formula. Growth rate capped at 25%. For informational purposes only. Not financial advice.

Smart Analysis
Millicom International Cellular SA (TIGO) · 10 metrics scored
Smart Score
Category Performance
WallStSmart pulls financial metrics like revenue growth, profit margins, and valuation ratios and scores each one from 0 to 10 based on how strong or weak it is. Those 10 scores are grouped into 4 categories: Growth, Profitability, Valuation, and Quality — which form the 4 axes of the spider chart you see. The categories are then combined into a final score out of 100, but not equally. Growth and Profitability together count for 60% of the total, because a fast-growing profitable business matters more than just a cheap one. That final number maps to a rating (Strong Buy, Buy, Hold, Avoid) and a letter grade, giving you one clear Stock Rating.
Investment Thesis
Strong fundamentals in market cap, peg ratio, return on equity. Overall metrics suggest strong investment potential with favorable risk/reward.
Millicom International Cellular SA (TIGO) Key Strengths (6)
Growing significantly faster than its price suggests
Every $100 of shareholder equity generates $38 in profit
Earnings per share surging 729.00% year-over-year
Keeps $23 of every $100 in revenue as net profit
Large-cap company with substantial market presence
Strong operational efficiency: $25 kept per $100 revenue
Supporting Valuation Data
Millicom International Cellular SA (TIGO) Areas to Watch (4)
Premium pricing at 3.4x book value
Revenue is fairly priced at 2.16x sales
Solid revenue growth at 15.70% per year
Moderate institutional interest at 45.62%
Millicom International Cellular SA (TIGO) Detailed Analysis Report
Overall Assessment
This company scores 78/100 in our Smart Analysis, earning a B+ grade. Out of 10 metrics analyzed, 6 register as strengths (avg 9.5/10) while 4 fall into concern territory (avg 5.5/10). All four categories (Growth, Profitability, Valuation, and Quality) show healthy scores, indicating broadly sound fundamentals.
The Bull Case
The strongest argument centers on PEG Ratio, Return on Equity, EPS Growth. Valuation metrics including PEG Ratio (0.99) suggest the stock is attractively priced. Profitability is solid with Return on Equity at 37.90%, Operating Margin at 24.50%, Profit Margin at 22.60%. Growth metrics are encouraging with EPS Growth at 729.00%.
The Bear Case
The primary concerns are Price/Book, Price/Sales, Revenue Growth. Some valuation metrics including Price/Sales (2.16), Price/Book (3.45) suggest expensive pricing. Growth concerns include Revenue Growth at 15.70%, which may limit upside.
Key Dynamics to Monitor
Three factors to monitor going forward. First, whether Price/Book improves, as this is the primary drag on the overall score. Second, margin trajectory, with Return on Equity at 37.90% currently healthy but needing to be sustained. Third, growth sustainability, with Revenue Growth at 15.70% needing to reaccelerate.
Risk Considerations
Based on the metric profile, this is a moderate risk investment. The weight of evidence leans positive, with more strengths than concerns. Investors should size positions according to their risk tolerance and maintain diversification.
Bottom Line
The combination of PEG Ratio and Return on Equity makes a compelling case at current levels. The key risk is Price/Book, but the overall fundamental picture is positive with a clear path to maintaining or improving the current B+ grade.
Disclaimer: Smart Analysis is a scoring system developed by WallStSmart Team. Scores update daily using multi-model valuation framework. Always conduct your own research and consult with financial advisors before making investment decisions.
TIGO Price-to-Sales(PS) Ratio Chart
Historical valuation based on market cap ÷ trailing 12-month revenue
TIGO's Price-to-Sales ratio of 2.16x sits near its historical average of 1.97x (59th percentile), suggesting the market is pricing in steady-state growth. The current valuation is 58% below its historical high of 5.09x set in Jul 2011, and 401% above its historical low of 0.43x in Oct 2022. Over the past 12 months, the PS ratio has expanded from ~0.9x, reflecting growing market expectations outpacing revenue growth.
WallStSmart Analysis Synopsis
Data-driven financial summary for Millicom International Cellular SA (TIGO) · COMMUNICATION SERVICES › TELECOM SERVICES
The Big Picture
Millicom International Cellular SA is a strong growth company balancing expansion with improving profitability. Revenue reached 5.8B with 16% growth year-over-year. Profit margins are strong at 22.6%, reflecting pricing power and operational efficiency.
Key Findings
ROE of 37.9% means the company generates strong returns on shareholder equity. Above 20% is considered top-tier.
Profit margin of 22.6% and operating margin of 24.5% demonstrate strong pricing power and operational efficiency.
What to Watch Next
Dividend sustainability with a current yield of 4.0%. Watch payout ratio and free cash flow coverage.
Sector dynamics: monitor TELECOM SERVICES industry trends, competitive moves, and regulatory changes that could impact Millicom International Cellular SA.
Bottom Line
Millicom International Cellular SA offers an attractive blend of growth (16% revenue expansion) and improving fundamentals. The company is transitioning from pure growth to profitable growth, a critical inflection point. Watch for sustained margin expansion as the key signal.
This synopsis is generated from publicly available financial data. It is not financial advice. Always conduct your own research and consult a qualified financial advisor before making investment decisions.
Insider Transactions
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About Millicom International Cellular SA(TIGO)
NASDAQ
COMMUNICATION SERVICES
TELECOM SERVICES
USA
Millicom International Cellular SA offers mobile and cable services in Latin America and Africa. The company is headquartered in Luxembourg.