As of 2026-04-04, the Intrinsic Value of Millicom International Cellular SA (TIGO) is 98.91 USD. This TIGO valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 79.64 USD, the upside of Millicom International Cellular SA is 24.20%.
The range of the Intrinsic Value is 77.93 - 129.56 USD
Based on its market price of 79.64 USD and our intrinsic valuation, Millicom International Cellular SA (TIGO) is undervalued by 24.20%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 77.93 - 129.56 | 98.91 | 24.2% |
| DCF (Growth 10y) | 93.75 - 147.45 | 115.68 | 45.2% |
| DCF (EBITDA 5y) | 103.99 - 115.43 | 109.02 | 36.9% |
| DCF (EBITDA 10y) | 112.92 - 133.56 | 122.38 | 53.7% |
| Fair Value | 196.96 - 196.96 | 196.96 | 147.31% |
| P/E | 99.16 - 154.42 | 130.16 | 63.4% |
| EV/EBITDA | 63.60 - 83.49 | 77.48 | -2.7% |
| EPV | 165.55 - 217.75 | 191.65 | 140.6% |
| DDM - Stable | 53.12 - 108.02 | 80.57 | 1.2% |
| DDM - Multi | 66.84 - 104.09 | 81.27 | 2.1% |
| Market Cap (mil) | 13,303.06 |
| Beta | 0.10 |
| Outstanding shares (mil) | 167.04 |
| Enterprise Value (mil) | 21,222.07 |
| Market risk premium | 4.60% |
| Cost of Equity | 8.97% |
| Cost of Debt | 7.56% |
| WACC | 7.50% |