Millicom International Cellular S.A chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 188.11
Dividend & YieldN/Akr (N/A)
Beta N/A
Market capitalization 20.33B
Operating cash flow 1.31B
ESG Scores 21.6

Company description

Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. The company offers mobile services, including mobile data and voice; short message service; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. It also provides cable and other fixed services, including broadband, content, fixed voice, and pay-TV to residential consumers; and fixed, managed services, cloud and security solutions, and value-added services to small, medium, and large businesses, as well as governmental entities. As of December 31, 2021, the company served 44.9 million mobile customers; and 12.7 million cable homes. It markets its products and services under Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg.

Sector: Communication Services - Industry: Telecom Services

Financial Ratios
Quick Ratio0.5
Working Capital-0.27
Return On Equity0.23
Debt To Equity2.29
Fixed Asset Ratio0.27
Fixed Interest Cover0.94

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 69M -61M 40M 6M
Total Cashflows From Investing Activities -1.2B -1.5B -495M -2.7B
Net Borrowings 608M 1.64B -390M 1.64B
Total Cash From Financing Activities 341M 1.35B -598M 1.78B
Change To Operating Activities
Issuance Of Stock
Net Income -10M 149M -344M 590M
Change In Cash -92M 637M -289M 20M
Effect Of Exchange Rate -33M -8M -17M -10M
Total Cash From Operating Activities 792M 801M 821M 956M
Depreciation 803M 1.1B 1.21B 1.2B
Change To Account Receivables -137M -121M -35M -98M
Other Cashflows From Financing Activities -1M -14M -198M 186M
Change To Netincome 65M -277M -42M -747M
Capital Expenditures -632M -736M -622M -740M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 119M 217M -271M 731M
Net Income -10M 149M -344M 590M
Selling General Administrative 1.62B 1.59B 1.5B 1.68B
Gross Profit 2.83B 3.13B 3B 3.31B
Ebit 424M 453M 250M 447M
Operating Income 424M 453M 250M 447M
Interest Expense -325M -505M -542M -477.6M
Income Tax Expense 112M 120M 102M 189M
Total Revenue 3.95B 4.34B 4.17B 4.62B
Cost Of Revenue 1.12B 1.2B 1.17B 1.3B
Total Other Income ExpenseNet -305M -236M -521M 284M
Net Income From Continuing Ops 7M 97M -373M 542M
Net Income Applicable To Common Shares -10M 149M -344M 590M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 7.52B 10.21B 10.15B 12.4B
Total Stockholder Equity 2.54B 2.41B 2.06B 2.58B
Other Current Liabilities 1.14B 1.17B 1.21B 1.43B
Total Assets 10.31B 12.89B 12.42B 15.14B
Common Stock 153M 153M 153M 153M
Other Current Assets 316M 374M 402M 540M
Retained Earnings 2.54B 2.39B 2.04B 2.62B
Treasury Stock -634M -610M -608M -670M
Cash 528M 1.16B 875M 895M
Total Current Liabilities 2.68B 2.42B 2.61B 4.49B
Other Stockholder Equity -553M -559M -578M -610M
Property, Plant, and Equipment 3.07B 3.91B 3.65B 4.21B
Total Current Assets 1.53B 2.66B 2.31B 2.29B
Net Tangible Assets 196M -785M -1.34B -5.14B
Net Receivables 516M 560M 684M 620M
Accounts Payable 630M 426M 645M 421M


Insider Transactions

Here are the insider transactions of stock shares related to Millicom International Cellular S.A:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Millicom International Cellular S.A. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Millicom International Cellular S.A

Here is the result of two systematic investment strategies applied to Millicom International Cellular S.A. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Millicom International Cellular S.A

The following chart shows the equity curve of the two systematic investment strategies applied to Millicom International Cellular S.A:

Millicom International Cellular S.A automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -5.33% on the backtest period.

Performance at glance

Performance

-5.33 %

Latent gain

-35.0 kr

Invested capital

656.2 kr

Annualized return

-7.2 %
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Momentum strategy results on Millicom International Cellular S.A

This is the result of two momentum investment strategies applied to Millicom International Cellular S.A. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Millicom International Cellular S.A

The following chart shows all the entries opened by the momentum investment system on Millicom International Cellular S.A:

Millicom International Cellular S.A momentum entries
  • The first momentum investment strategy would give -6.25% of return on Millicom International Cellular S.A. That represents -62.1kr of latent gain with 993.9kr of employed capital.
  • The second momentum investment strategy would give -8.65% of return on Millicom International Cellular S.A. That represents -29.4kr of latent gain with 340.0kr of employed capital.
Performance at glance (1Q Momentum)

Performance

-6.25 %

Latent gain

-62.1 kr

Invested capital

993.9 kr

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

-8.65 %

Latent gain

-29.4 kr

Invested capital

340.0 kr

Annualized return

-33.27 %

Momentum equity curve on Millicom International Cellular S.A

The following chart shows the equity curve of the two momentum strategies applied to Millicom International Cellular S.A:

Millicom International Cellular S.A momentum equity

Note: the dividends potentially given by Millicom International Cellular S.A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Millicom International Cellular S.A

The following chart shows the employed capital evolution of the two momentum strategies on Millicom International Cellular S.A since the beginning:

Millicom International Cellular S.A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250kr, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000kr.


Buy the dip strategy result on Millicom International Cellular S.A

Buy the dip entry openings on Millicom International Cellular S.A

Millicom International Cellular S.A

The performance achieved by the robo-advisor on Millicom International Cellular S.A is 0%. That represents 0.0$ of latent gain with 0.0kr of employed capital. The following chart shows Millicom International Cellular S.A stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Millicom International Cellular S.A, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 kr

Invested capital

0.0 kr

Annualized return

-0.0 %

Equity curve of the strategy applied to Millicom International Cellular S.A

The following chart shows the result of the investment strategy applied to Millicom International Cellular S.A:

Millicom International Cellular S.A

Note: the dividends potentially given by Millicom International Cellular S.A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Millicom International Cellular S.A

The following chart shows the employed capital evolution since the beginning of the investment strategy on Millicom International Cellular S.A:

Millicom International Cellular S.A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Millicom International Cellular S.A

In this section, I will compare the three previous investment strategies applied to Millicom International Cellular S.A.

Equity curve comparison on Millicom International Cellular S.A

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Millicom International Cellular S.A investment strategy comparison

Employed capital comparison on Millicom International Cellular S.A

Millicom International Cellular S.A investment comparison

Performance comparison on Millicom International Cellular S.A

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -5.33% -35.0kr 656.2kr -7.2%
Momentum 1 quarter -6.25% -62.1kr 993.9kr -12.5%
Momentum 2 quarters -8.65% -29.4kr 340.0kr -33.27%
Non-directional 0% 0.0kr 0.0kr -0.0%
Annualized return comparison

Automatic investment

-7.2 %

Momentum 1Q

-33.27 %

Momentum 2Q

-33.27 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Millicom International Cellular S.A:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Millicom International Cellular S.A and the other stocks. There may be false positives or some missing correlated stocks. If the price of Millicom International Cellular S.A does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Millicom International Cellular S.A
Country Luxembourg
City Luxembourg City
Address 2, Rue du Fort Bourbon
Phone 352 2 7759 021
Website www.millicom.com
FullTime employees 21000
Industry Telecom Services
Sector Communication Services
Exchange XSTO
Ticker TIGO-SDB.XSTO
Market www.nasdaqomxnordic.com

Millicom International Cellular S.A ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 5.0
Peer Environment Performance 4.3466101694915
Environment Percentile unknown
Palm Oil no
Nuclear no
Fur Leather no
GMO no
Coal no
Pesticides no
Animal Testing no

Social scores

Social ESG Factors Scores
Social Score 12.8
Peer Social Performance 10.711694915254
Social Percentile unknown
Highest Controversy 1
Peer Highest Controversy Performance 1.875
Adult no
Gambling no
Alcoholic no
Tobacco no
Catholic no
Controversial Weapons no
Small Arms no
Military Contract no
Peer Count yes

Related Controversy: Customer IncidentsBusiness Ethics Incidents


Governance scores

Governance ESG Factors Scores
Governance Score 3.8
Peer Governance Performance 6.8662711864407
Governance Percentile unknown

ESG at glance
Total ESG Scores: 21.6
Environment Score: 5.0
Social Score: 12.8
Governance Score: 3.8

ESG Performance: AVG_PERF

Peer Group: Telecommunication Services

Peer Esg Score Performance: 22.6334375

Rating Year: 2022

Rating Month: 8

Max Age: 86400

Percentile: 31