Added to YB: 2024-08-15
Pitch date: 2024-06-30
TIGO [bullish]
Millicom International Cellular S.A.
+148.43%
current return
Author Info
No bio for this author
Company Info
Millicom International Cellular S.A. provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance.
Market Cap
$8.4B
Pitch Price
$21.59
Price Target
N/A
Dividend
5.96%
EV/EBITDA
5.43
P/E
7.77
EV/Sales
2.71
Sector
Wireless Telecommunication Services
Category
growth
Longleaf Partners Global Fund Commentary Portfolio Holding: Millicom International Cellular S.A.
TIGO: LatAm telecom up on 4% organic rev growth, 3.5% cost reduction, 20%+ adj EBITDA boost. lliad bid $24/share, below intrinsic value. Strong FCF growth from operational improvements. Monitoring lliad's potential 33%+ stake acquisition due to Luxembourg regs. Confident in continued performance & value.
Read full article (1 min)