Millicom International Cellular S.A. (TIGO) fair value analysis
Nasdaq · Updated 2026-10-19
TIGO price how computed
Forward Fair Value verdict
UndervaluedTIGO is trading at more than a 25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $82.86
- Sector
- Communication Services
- 12-month range
- $45.81–$104.31
- Market cap
- $13.9B
- From 52-week high
- -20.6%
- Shares outstanding
- 168M
- Rank in Communication Services by discount to fair value
- #8 of 29
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Millicom International Cellular S.A. (TIGO) is a telecommunications company that provides mobile communications, fixed broadband, and pay television services to customers in developing markets. The company operates in Latin America and Africa through its various subsidiaries and brands.
TIGO currently ranks #8 of 29 Communication Services stocks by discount to fair value. It has screened as Undervalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $13.9B
- P/E (trailing)
- 21x
- Revenue (TTM)
- $7.24B
- Net margin
- 9.2%
- EPS (TTM)
- $3.89
- Gross margin
- 51.4%
- Debt / equity
- 4.70
- Revenue growth (3-yr avg)
- 17.7%
- Shares outstanding
- 168M
Derived indicators how computed
- Quality grade
- B
- Margin trend
- Stable
- 52-week position
- The upper-middle quarter of its range
- DCF cross-check
- Undervalued
Technicals how computed
- RSI (14-day)
- 37 · neutral
- 50-day average
- $91.64
- 200-day average
- $81.72
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $4.25 per share (4 payments)
- Yield on last price
- 5.13%
- Consecutive years of increases
- 0 (no streak on complete calendar years)
- Next ex-dividend date
- 2027-01-08
- Last payment date
- 2026-10-15
Earnings how computed
- Next earnings report
- 2026-11-05 (pre-market)
- Last 8 quarters vs consensus
- 4 beat, 4 missed
- Quarter by quarter
- 2026-06 ▲ beat (+18.5%)
2026-03 ▼ miss (-60.2%)
2025-12 ▲ beat (+42.9%)
2025-09 ▲ beat (+50.0%)
2025-06 ▼ miss (-5.6%)
2025-03 ▲ beat (+42.1%)
2024-12 ▼ miss (-62.9%)
2024-09 ▼ miss (-51.6%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 1 buy · 6 hold · 1 sell (8 analysts)
- Consensus lean
- Hold-leaning
- Consensus price target
- $96.4
- Target vs last price
- +16.3%
What our data shows for TIGO
- Our model validated 12 trailing price-to-earnings windows for TIGO, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $45.81–$104.31.
- The 14-day relative strength index sits at a neutral 37.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for TIGO
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent TIGO news
TickrTrends' derived news-sentiment signal for TIGO is currently leaning positive, computed from recent coverage.
- The Oligopoly Advantage: Millicom’s (TIGO) Position in the Telecom Landscape (finance.yahoo.com, 2026-08-31)
TickrTrends take: Millicom's established position within concentrated telecom markets could support the operational stability and pricing power that typically justify premium valuations in the Communication Services sector. TickrTrends currently identifies TIGO as undervalued, suggesting the market may not be fully reflecting the structural benefits of its oligopolistic competitive positioning. Investors focused on valuation should monitor whether competitive dynamics or regulatory pressures in TIGO's core markets begin to erode these market advantages.
What people are saying
Follow the TIGO conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — TickrTrends' derived indicators for TIGO showed a shift in momentum this week as the Relative Strength Index moved from oversold territory into neutral range, suggesting reduced downward pressure on the stock. The Communication Services sector company maintains an undervalued valuation verdict according to current analysis.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — TickrTrends' derived indicators for TIGO shifted toward more negative valuations this week. The DCF cross-check band moved from fairly valued to undervalued, while the RSI zone transitioned from neutral to oversold. The current valuation verdict remains undervalued.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is TIGO stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), TIGO is trading at more than a 25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is TIGO's TickrTrends verdict?
TIGO's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does TIGO compare to other Communication Services stocks?
TIGO ranks #8 of 29 Communication Services stocks in TickrTrends' coverage by discount to fair value.
Is TIGO overbought or oversold?
TIGO's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does TIGO pay a dividend?
Yes. TIGO paid $4.25 per share over the last twelve months (4 payments), a 5.13% yield on TickrTrends' last price. The next ex-dividend date on file is 2027-01-08.
When does TIGO report earnings next?
TIGO's next earnings report is scheduled for 2026-11-05 (pre-market), per the published earnings calendar.
Does TIGO usually beat earnings estimates?
Over its last 8 reported quarters TIGO beat the consensus estimate 4 times and missed 4 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about TIGO?
Of 8 analysts covering TIGO, 1 rate it a buy, 6 a hold and 1 a sell - hold-leaning, with a consensus price target of $96.4 (+16.3% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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