Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Millicom International Cellular's share price for the quarter that ended in Dec. 2023 was $18. Millicom International Cellular's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 172 Mil. Therefore, Millicom International Cellular's market cap for the quarter that ended in Dec. 2023 was $3,091 Mil.
Millicom International Cellular's quarterly market cap
increased
from Jun. 2023 ($2,611 Mil) to Sep. 2023 ($2,654 Mil) and
increased
from Sep. 2023 ($2,654 Mil) to Dec. 2023 ($3,091 Mil).
Millicom International Cellular's annual market cap
declined
from Dec. 2021 ($2,851 Mil) to Dec. 2022 ($2,158 Mil) but then
increased
from Dec. 2022 ($2,158 Mil) to Dec. 2023 ($3,091 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Millicom International Cellular's Enterprise Value for Today is $10,325 Mil.
Millicom International Cellular Market Cap Historical Data
The historical data trend for Millicom International Cellular's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Millicom International Cellular Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
4,878.90
3,925.04
2,850.72
2,158.25
3,091.07
Millicom International Cellular Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
2,158.25
3,233.81
2,611.21
2,653.83
3,091.07
Competitive Comparison
For the Telecom Services subindustry, Millicom International Cellular's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Millicom International Cellular Market Cap Distribution
For the Telecommunication Services industry and Communication Services sector, Millicom International Cellular's Market Cap distribution charts can be found below:
* The bar in red indicates where Millicom International Cellular's Market Cap falls into.
Millicom International Cellular Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Millicom International Cellular's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Millicom International Cellular (NAS:TIGO) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Millicom International Cellular Market Cap Related Terms
Thank you for viewing the detailed overview of Millicom International Cellular's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Millicom International Cellular (Millicom International Cellular) Business Description
Millicom offers wireless and fixed-line telecom services primarily in smaller, less congested markets or in less developed countries in Latin America. Countries served include Bolivia (100% owned), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%), Paraguay (100%), Colombia (50%), Costa Rica (100%) and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's fixed-line networks reach nearly 13 million homes while its wireless networks cover about 120 million people. Increasingly, Millicom offers a converged package that may include fixed-line phone, broadband, and pay television in conjunction with wireless services. The firm plans to carve out its infrastructure assets and mobile financial services business in 2023.
Millicom International Cellular (Millicom International Cellular) Headlines
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