TIGO (Millicom International Cellular) Market Cap : $4,190 Mil (As of Dec. 13, 2024)

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What is Millicom International Cellular Market Cap?

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 Sep. 2024 was $27.12. Millicom International Cellular's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 171 Mil. Therefore, Millicom International Cellular's market cap for the quarter that ended in Sep. 2024 was $4,651 Mil.

Millicom International Cellular's quarterly market cap increased from Mar. 2024 ($3,467 Mil) to Jun. 2024 ($4,204 Mil) and increased from Jun. 2024 ($4,204 Mil) to Sep. 2024 ($4,651 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 $10,639 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.

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Millicom International Cellular Market Cap Chart

Millicom International Cellular Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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4,878.90

3,925.04

2,850.72

2,158.25

3,091.07

Millicom International Cellular Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Market Cap	Get a 7-Day Free Trial															2,653.83	3,091.07	3,467.14	4,204.33	4,651.00

Competitive Comparison of Millicom International Cellular's Market Cap

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's Market Cap Distribution in the Telecommunication Services Industry

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

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	$18	*	171.726
	=	$3,091

Millicom International Cellular's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )	=	Share Price (Q: Sep. 2024 )	*	Shares Outstanding (EOP) (Q: Sep. 2024 )
	=	$27.12	*	171.497
	=	$4,651

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

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Millicom International Cellular Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Millicom International Cellular SA (NAS:TIGO) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

TIGO SDB:Sweden TIGOs:UK 0GRK:UK M4M:Germany M4M:Germany

Address

2, Rue du Fort Bourbon, Luxembourg, LUX, L-1249

Website

https://www.millicom.com

Millicom offers wireless and fixed-line telecom services primarily in smaller, 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%), and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's wireless networks cover about 120 million people, serving 41 million customers. Its fixed-line networks reach 14 million homes, serving about 4 million broadband customers. Increasingly, Millicom offers converged packages that include broadband with wireless services. The firm has agreed to sell the majority of its wireless towers to SBA Communications for $975 million.