Millicom International Cellular SA (TIGO)

Millicom International Cellular S.A. is a Luxembourg-based communications company that provides cable and mobile services across Latin America. Through its Tigo and Tigo Business brands, the company offers mobile voice and data, messaging, mobile financial services, and fixed-line products such as broadband, fixed voice, and pay-TV. Its business also includes telecommunications solutions for enterprises and public-sector customers, along with managed services, cloud and security solutions, and tower infrastructure services. Founded in 1990, Millicom is listed on NASDAQ as common stock under the ticker TIGO.


Jump between the core stock analysis sections, valuation data, fair value models, technical outlook, and FAQ.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Upcoming Dividend Ex-Date Dividend Payment Date Upcoming Dividend Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NASDAQ-TIGO
$99.73
1.0% Upside
Fair
$87.80
-11.0% Downside
Fair
Great
April 8, 2027
April 15, 2027
3
3.1%
August 6, 2026
13.3x
5.2x
2.6x
16.276 B
26.548 B
42.2%
53.4%
4.0
57.5%
104.4%
Valuation • Fair Value

Millicom International Cellular SA (NASDAQ-TIGO) Fair Value by Valuation Model

Compare the primary fair value estimate for Millicom International Cellular SA (NASDAQ-TIGO) with model-based valuation references such as DCF, Ben Graham, DDM, EPV and comparable-company valuation.

Primary Valuation Read

Fair Value

$99.73

Estimated upside of 1.0% versus the current market price.

Fair Value Confidence

Med

Confidence level for the primary fair value estimate.

DCF Fair Value

$111.02

Discounted cash flow valuation reference.

Ben Graham Formula Value

$81.98

Classic Ben Graham valuation formula reference.

DDM Fair Value

$151.50

Dividend discount model valuation reference.

EPV Fair Value

NM

Earnings power value estimate.

Comps Fair Value

$71.19

Comparable-company valuation reference.

Analyst Price Target

$87.80

Analysts imply downside of 11.0%.

How to read these valuation models

Use this section to compare the primary fair value estimate for Millicom International Cellular SA (NASDAQ-TIGO) with several model-based valuation references. Different models can produce different outputs because each method relies on a different set of assumptions, so the primary fair value estimate should be read alongside the model spread rather than in isolation.

Profitability • Growth

Profitability & Growth for Millicom International Cellular SA (NASDAQ-TIGO)

A compact read on revenue, forward revenue expectations, EBITDA and operating profitability trends.

Revenue

6.436 B

Current operating scale indicator.

Revenue Forecast

8.368 B

Forward revenue estimate.

EBITDA

2.786 B

Current operating profitability reference.

EBITDA Forecast

3.748 B

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Millicom International Cellular SA (NASDAQ-TIGO) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Millicom International Cellular SA (NASDAQ-TIGO)

Review financial health, earnings quality and balance-sheet risk through Piotroski, Beneish, Altman and cash conversion metrics.

Financial Health

Great

Positive financial-health read.

Piotroski Score

6

Mid-range quality score.

Beneish M-Score

-2.11

Intermediate zone that deserves monitoring.

Altman Z-Score

4.0

Relatively strong balance-sheet zone.

FCF / Net Income

104.4%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Millicom International Cellular SA (NASDAQ-TIGO). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Millicom International Cellular SA (NASDAQ-TIGO)

Track the next earnings date, ex-dividend date, dividend payment date, dividend yield and upcoming distribution details where available.

Next Earnings Date

August 6, 2026

Days to Earnings

16

Dividend Payment Date

April 15, 2027

Ex-Dividend Date

April 8, 2027

Dividend Yield

3.1%

Income yield reference.

Upcoming Dividend

3

Upcoming distribution amount.

Payment Type

Cash

Distribution type as reported in the data.

Dividend Currency

USD

Currency used for the distribution.

Payout Ratio

57.5%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Millicom International Cellular SA (NASDAQ-TIGO), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Millicom International Cellular SA (NASDAQ-TIGO) Stock Forecast & Technical Outlook

Review Millicom International Cellular SA (NASDAQ-TIGO) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Buy

The 15-minute technical read for Millicom International Cellular SA (NASDAQ-TIGO) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Buy

The 1-hour technical read for Millicom International Cellular SA (NASDAQ-TIGO) is currently Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Buy

The daily technical read for Millicom International Cellular SA (NASDAQ-TIGO) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Buy

The weekly technical read for Millicom International Cellular SA (NASDAQ-TIGO) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Buy

The monthly technical read for Millicom International Cellular SA (NASDAQ-TIGO) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Millicom International Cellular SA (NASDAQ-TIGO)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Hold

Based on the available recommendation mix, Millicom International Cellular SA (NASDAQ-TIGO) has a Hold consensus, with 2 buy, 3 hold and 0 sell recommendations in the current data set.

Buy 2
Hold 3
Sell 0
FAQ Fast Investor Answers

Millicom International Cellular SA (NASDAQ-TIGO) Stock FAQ

Quick answers about Millicom International Cellular SA (NASDAQ-TIGO) stock, including fair value, valuation rating, analyst price target, dividends, earnings dates, market capitalization, financial health and other key stock analysis metrics.

Fair Value
$99.73
Estimated upside 1.0%
Valuation Rating
Near Fair Value
Price is close to fair value
Analyst Target
$87.80
Implied downside 11.0%
Financial Health
Great
Current financial-health read

The current fair value estimate for Millicom International Cellular SA (NASDAQ-TIGO) is $99.73. This implies an estimated upside of 1.0% versus the current market price.

Based on the current fair value estimate, the stock is trading close to its estimated fair value.

The available analyst price target for Millicom International Cellular SA (NASDAQ-TIGO) is $87.80. The analyst target implies estimated downside of 11.0%.

The current financial health read for Millicom International Cellular SA (NASDAQ-TIGO) is Great. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Millicom International Cellular SA (NASDAQ-TIGO) is August 6, 2026.

Based on the current data, dividend yield is 3.1%, upcoming dividend amount is 3, ex-dividend date is April 8, 2027, payment date is April 15, 2027.

The current P/E ratio listed for Millicom International Cellular SA (NASDAQ-TIGO) is 13.3x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Millicom International Cellular SA is 16.276 B.

The current enterprise value listed for Millicom International Cellular SA is 26.548 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Millicom International Cellular SA is NASDAQ-TIGO, and the stock is listed on NASDAQ.

Millicom International Cellular SA (NASDAQ-TIGO) is listed on NASDAQ.

The current debt-to-total-capital ratio listed for Millicom International Cellular SA is 42.2%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Millicom International Cellular SA is 53.4%. Free float helps investors understand how much of the share base is available for public trading.