Millicom International Cellular stock
TIGONASDAQMillicom International Cellular S.A., Communication ServicesISIN LU0038705702
58Score 58 out of 100, Neutral
Price and trend
64 / 100
Price history
+59% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 3.8% below it.
Since January 2024 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 55).
The price is 23% below its 52-week high. Largest decline in 20 years: 92% (December 2007 to October 2022).
Chart figures for advanced users
- SMA 50$86.78
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$84.05
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)55
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$50.13
- The lowest closing price of the last twelve months.
- Resistance$104.31
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Millicom International Cellular S.A. belongs to the Telecommunications Services industry (Luxembourg) and, with a market value of $13.54B, is number 36 of 89 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $5.82B (up 0.3% year on year) and earnings of $1.32B (up 420.2%).
- For fiscal 2026, analysts expect on average revenue of $8.78B (up 50.8%) and adjusted earnings per share of $4.05 (down 48.4%).
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- MEQIRI Score 58 out of 100 (Neutral): rank 117 of 232 in Communication Services, median 58.
- The P/E is 24 (Telecommunications Services median 16.3, own median of recent years 23.9).
- Our model puts fair value at $95.34, with the price 15% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings turn into cashFree cash flow 282% of earnings over the last 12 months.Fundamentals 71
- Analysts expect strong earnings growthUp 30.5% a year through 2028 (estimates from 5 analysts).Growth 62
Weaknesses
- High debtDebt 5.2 times equity (latest quarter), Telecommunications Services median 1.21.Stability 23
- DilutionShare count up 30% since 2020.Capital allocation 34
- Margin may fall backOperating margin 28.2%, average of the prior years 13.7%, which ranged from 5.8% to 23.1%. After peaks like this, the margin was more than a quarter lower two years later in 44 of 100 cases, against 24 of 100 for other companies with high margins.Profitability 57
Its standout strengths are valuation and momentum, while capital allocation and stability hold the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 60 to 58.
Fundamentals are strong, with strong cash generation.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 23 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
Valuation
Valuation signal
Fairly valuedIn our model the price counts as cheap below $68.10 and expensive above $158.90 (uncertainty high, based on the price swings of the past year).
The two parts of the fair value come to $135.57 (cash-flow model) and $55.11 (industry comparison), and the gap between them shows how uncertain the estimate is.
Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $84.61, at 7.8% it would be $111.39.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (16.3).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 44.7% on the twelve months before. Revenue has grown solidly since 2006, at about 7% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 77%, operating 28%, net 23%. Last 12 months: net 7%.
Debt & balance sheet
latest quarterDebt is elevated. Keep an eye on the interest burden and refinancing.
Earnings
- Next earnings
- 25 Feb 2027in 104 days
- Last reported
- 5 Nov 2026EPS reported $0.58 (expected $0.98)below expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $4.05−0.3%
- Revenue
- $8.78B0.0%
- Earnings per share
- $6.08+0.1%
- Revenue
- $9.17B0.0%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: +5.8%2026 equity free cash flow guidance raised to around $1.1 billion from at least $900 million.
“Given our first half performance, the progress we are making with the Colombian integration and the visibility we now have for the balance of the year, we are raising our 2026 equity free cash flow guidance from at least $900 million to around $1.1 billion.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 6 Aug 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 5 insiders sold, $3.91M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Millicom International Cellular
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
232 rated companies in Communication Services
- This company
- 58
- Sector median
- 58
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Telecommunications Services
The next larger and next smaller companies by market value
- China Satellite Communications601698.SS $14.1B42
- AST SpaceMobileASTS $14.09B26
- Telecom ItaliaTIT.MI $13.95B46
- SK TelecomSKM $13.59B62
- TELUSTU $13.54B38
- QuebecorQBR-B.TO $12.06B75
- Taiwan Mobile3045.TW $11.99B63
- Far EasTone Telecommunications4904.TW $11.86B65
ETFs that hold Millicom International Cellular
Held by 61 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| State Street SPDR MSCI Europe Communication Services UCITS ETFSPYT | 1.83% | 0.18% | €72.95M |
| Xtrackers MSCI Nordic UCITS ETF 1DXDN0 | 0.48% | 0.30% | €1.19B |
| iShares MSCI Europe Mid-Cap Equal Weight UCITS ETFCEMT | 0.43% | 0.25% | €36.34M |
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| Deka MSCI Europe MC UCITS ETFEL43 | 0.31% | 0.36% | €67.53M |
| iShares Edge MSCI Europe Momentum Factor UCITS ETFCEMR | 0.25% | 0.25% | €776.65M |
| iShares STOXX USA Equity Multifactor UCITS ETFIBCY | 0.22% | 0.20% | €48.79M |
| Xtrackers MSCI World Communication Services UCITS ETF 1CXWTS | 0.20% | 0.25% | €362.05M |
| iShares MSCI World Mid-Cap Equal Weight UCITS ETF USDIS3T | 0.13% | 0.30% | €411.06M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 31 Mar 2024)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.