Millicom International Cellular Stock Analysis

Millicom Stock Analysis Notes

The company has price-to-book ratio of 0.98. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Millicom International has Price/Earnings To Growth (PEG) ratio of 0.96. The entity recorded a loss per share of 0.5. The firm last dividend was issued on the 5th of November 2019. Millicom International had 4:1 split on the 23rd of February 2004. Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. The company was founded in 1990 and is headquartered in Luxembourg. Millicom International is traded on NASDAQ Exchange in the United States. To find out more about Millicom International Cellular contact Mauricio Ramos at 352 27 759 021 or learn more at https://www.millicom.com.

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Millicom Stock Institutional Investors

Note, although Millicom International's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Millicom Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.48 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Millicom International's market, we take the total number of its shares issued and multiply it by Millicom International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Millicom Profitablity

The company has Profit Margin (PM) of (0.01) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.14 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.14.

Management Efficiency

Millicom International has return on total asset (ROA) of 0.0337 % which means that it generated a profit of $0.0337 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0704) %, meaning that it created substantial loss on money invested by shareholders. Millicom International's management efficiency ratios could be used to measure how well Millicom International manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of April 2024, Return On Capital Employed is likely to grow to 0.08, though Return On Tangible Assets are likely to grow to (0.01). At this time, Millicom International's Total Assets are very stable compared to the past year. As of the 24th of April 2024, Non Current Assets Total is likely to grow to about 13.2 B, while Non Currrent Assets Other are likely to drop about 79.8 M.

Technical Drivers

As of the 24th of April, Millicom International secures the Risk Adjusted Performance of 0.0734, downside deviation of 1.56, and Mean Deviation of 1.45. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Millicom International, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Millicom International, which can be compared to its peers in the industry. Please verify Millicom International standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Millicom International Cellular is priced some-what accurately, providing market reflects its recent price of 20.34 per share. Given that Millicom International has jensen alpha of 0.1244, we recommend you to check Millicom International's last-minute market performance to make sure the company can sustain itself at a future point.

Millicom International Price Movement Analysis

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Millicom International Corporate Filings

Millicom International Forecast Models

Millicom International's time-series forecasting models are one of many Millicom International's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Millicom International's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Millicom International prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Millicom shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Millicom International. By using and applying Millicom Stock analysis, traders can create a robust methodology for identifying Millicom entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Millicom analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Millicom analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Millicom International Cellular stock analysis indicators help investors evaluate how Millicom International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Millicom International shares will generate the highest return on investment. By understating and applying Millicom International stock analysis, traders can identify Millicom International position entry and exit signals to maximize returns.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Millicom International Cellular. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Millicom International information on this page should be used as a complementary analysis to other Millicom International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

When running Millicom International's price analysis, check to measure Millicom International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Millicom International is operating at the current time. Most of Millicom International's value examination focuses on studying past and present price action to predict the probability of Millicom International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Millicom International's price. Additionally, you may evaluate how the addition of Millicom International to your portfolios can decrease your overall portfolio volatility.

Is Millicom International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Millicom International. If investors know Millicom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Millicom International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Millicom International is measured differently than its book value, which is the value of Millicom that is recorded on the company's balance sheet. Investors also form their own opinion of Millicom International's value that differs from its market value or its book value, called intrinsic value, which is Millicom International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Millicom International's market value can be influenced by many factors that don't directly affect Millicom International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Millicom International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Millicom International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Millicom International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.