Professional
Added to YB: 2025-02-17
Pitch date: 2025-01-26
TIGO [bullish]
Millicom International Cellular S.A.
+113.6%
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
$25.11
Price Target
N/A
Dividend
5.96%
EV/EBITDA
5.43
P/E
7.77
EV/Sales
2.71
Sector
Wireless Telecommunication Services
Category
dividend
Brennan Asset Management Portfolio Holding: Millicom International Cellular SA
TIGO: Multiple FCF upgrades, tower sale, buyback/dividend program. New $3 annual dividend (11% yield). Trades at 7.7x/6.6x 2024/25 FCF. Undervalued despite recent jump. Swedish listing cancellation may cause selling. Niel's 40% stake complicates buybacks. Monitor LATAM exposure.
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