Added to YB: 2024-07-03
Pitch date: 2024-07-01
TIGO [bullish]
Millicom International Cellular S.A.
+153.48%
current return
Author Info
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
$21.16
Price Target
36.00 (-31%)
Dividend
5.96%
EV/EBITDA
5.43
P/E
7.77
EV/Sales
2.71
Sector
Wireless Telecommunication Services
Category
value
Superfluous Value: H1 2024 Portfolio Review - Millicom International Cellular S.A.
TIGO: Xavier Niel's $24/sh offer undervalues at 5x EV/EBITDA. Fair value $36/sh (6.2x multiple, same as Guatemala JV buyout). Entering FCF harvest cycle, monetizing tower portfolio. Growth profile suggests even higher potential. Current price leaves substantial upside.
Read full article (1 min)