Added to YB: 2024-03-27
Pitch date: 2024-03-26
TIGO [bullish]
Millicom International Cellular S.A.
+420.1%
current return
Author Info
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Company Info
Millicom International Cellular S.A. engages in the provision cable and mobile services in Latin America.
Market Cap
$13.7B
Pitch Price
$16.69
Price Target
25.91 (-70%)
Dividend
3.66%
EV/EBITDA
7.85
P/E
11.12
EV/Sales
3.80
Sector
Wireless Telecommunication Services
Category
turnaround
Portfolio Spotlight: Millicom
TIGO: Misunderstood LatAm telecom at inflection point. 16% NTM FCF yield on cost cuts & capex drop. French billionaire Xavier Niel owns 30%, installed new COO. Towers worth $5-9/share. 31% 3yr upside on FCF, tower sale & 5x EBITDA. Cheap on past but future FCF & new mgmt are key.
Read full article (8 min)