Millicom International Cellular (FRA:M4M1) OCF Margin %: 32.63% (As of Jun. 2026) — 51% Above Median

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FRA:M4M1 Millicom International Cellular SA FRA:M4M1
59 GF Score
Price €77.00
GF Value €30.64
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Millicom International Cellular OCF Margin %?

Millicom International Cellular FRA:M4M1 +1.99% 59 OCF Margin % is 32.63% as of Jun. 2026, which is 51% above its 10-year median of 21.66. GuruFocus rates FRA:M4M1 with a GF Score™ of 59/100 and a GF Value™ of €30.64 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 365 Telecommunication Services companies, Millicom International Cellular ranks better than 67.4% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Millicom International Cellular's Cash Flow from Operations for the three months ended in Jun. 2026 was €617 Mil. Millicom International Cellular's Revenue for the three months ended in Jun. 2026 was €1,891 Mil. Therefore, Millicom International Cellular's OCF Margin % for the quarter that ended in Jun. 2026 was 32.63%.

As of today, Millicom International Cellular's current OCF Yield % is 14.26%.

The historical rank and industry rank for Millicom International Cellular's OCF Margin % or its related term are showing as below:

FRA:M4M1' s OCF Margin % Range Over the Past 10 Years
Min: 18.48   Med: 21.66   Max: 29.8
Current: 30.97


During the past 13 years, the highest OCF Margin % of Millicom International Cellular was 29.80%. The lowest was 18.48%. And the median was 21.66%.

FRA:M4M1's OCF Margin % is ranked better than
67.4% of 365 companies
in the Telecommunication Services industry
Industry Median: 22.95 vs FRA:M4M1: 30.97


Millicom International Cellular OCF Margin % Related Terms


Millicom International Cellular OCF Margin % Historical Data

* Premium members only.

The historical data trend for Millicom International Cellular's OCF Margin % 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.

Millicom International Cellular OCF Margin % Chart

Millicom International Cellular Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.44 22.83 21.60 27.62 29.80

Millicom International Cellular Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.63 32.61 28.87 29.72 32.63

FRA:M4M1 vs CHTR, GSAT, LUMN: OCF Margin % Comparison

For the Telecom Services subindustry, Millicom International Cellular's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Millicom International Cellular's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Millicom International Cellular's OCF Margin % falls into.


FRA:M4M1
59GF Score
Millicom International Cellular SA FRA:M4M1
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Millicom International Cellular OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Millicom International Cellular's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1480.836/4969.426
=29.80 %

Millicom International Cellular's OCF Margin for the quarter that ended in Jun. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=617.148/1891.372
=32.63 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 32.63% mean?
Millicom International Cellular (FRA:M4M1) has a OCF Margin % of 32.63% as of Jun. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Millicom International Cellular and its competitors. This is 51% above median its historical median of 21.66. Over the past decade, Millicom International Cellular's OCF Margin % has ranged from 18.48 to 29.80. According to the industry distribution chart, Millicom International Cellular ranks #119 out of 365 companies in the Telecommunication Services industry, placing it in the top 32.6%.
Is Millicom International Cellular's OCF Margin % too high?
Millicom International Cellular's current OCF Margin % of 32.63% is 51% above median its 10-year median of 21.66. Over the past 10 years, this metric has ranged from a low of 18.48 to a high of 29.80. The Telecommunication Services industry median OCF Margin % is 22.95. Millicom International Cellular's value of 32.63% is 42.2% above this industry median. Based on the distribution chart, Millicom International Cellular ranks #119 out of 365 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Millicom International Cellular has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millicom International Cellular's OCF Margin % compare to CHTR and GSAT?
According to the Telecommunication Services industry distribution chart, Millicom International Cellular ranks #119 out of 365 companies for OCF Margin %. This puts Millicom International Cellular in the upper half of its industry. The industry median OCF Margin % is 22.95. Millicom International Cellular's value of 32.63% is 42.2% above this benchmark. Historically, Millicom International Cellular's own OCF Margin % has ranged from 18.48 to 29.80 over the past decade. While the company's 10-year median is 21.66 vs. the industry median of 22.95, Millicom International Cellular has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a Telecommunication Services company?
The median OCF Margin % among Telecommunication Services companies is 22.95, based on 365 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Millicom International Cellular's current OCF Margin % of 32.63% is 42.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Millicom International Cellular and its competitors. For the Telecommunication Services industry, the median OCF Margin % is 22.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millicom International Cellular's current OCF Margin % is 32.63%, which is 51% above median its own 10-year median of 21.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millicom International Cellular stock overvalued right now?
Based on GuruFocus' analysis, Millicom International Cellular (FRA:M4M1) is currently considered Significantly Overvalued. The stock's GF Value™ is €30.64, compared to a current price of €77.00 — trading 151.3% above its estimated fair value. The current OCF Margin % is 32.63%, which is 51% above median its 10-year median of 21.66 and 42.2% above the Telecommunication Services industry median of 22.95. Millicom International Cellular's overall GF Score™ is 59/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Millicom International Cellular (FRA:M4M1), the current OCF Margin % is 32.63% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Millicom International Cellular (FRA:M4M1) Overvalued in 2026?

Based on GuruFocus' analysis, Millicom International Cellular stock appears to be overvalued. The current stock price of €77.00 is trading 151.3% above its estimated GF Value™ of €30.64. GuruFocus considers Millicom International Cellular to be Significantly Overvalued.

Key valuation signals for FRA:M4M1:

  • OCF Margin %: 32.63% (51% above median its 10-year median of 21.66)
  • GF Value™: €30.64 vs. price of €77.00 (151.3% above fair value)
  • GF Score™: 59/100 with 10 warning signs
  • Industry Position: 42.2% above the Telecommunication Services median (#119 of 365)

No single metric tells the full story. See the FRA:M4M1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Millicom International Cellular Business Description

Other Exchanges TIGO:USAM4M1:Germany
Address 8400 NW 36th Street, Suite 530, Doral, FL, USA, 33166
Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia, Nicaragua, Panama, El Salvador, Guatemala, Paraguay, Colombia, Ecuador, Uruguay, and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's wireless networks cover about 145 million people, serving nearly 60 million customers. Its fixed-line networks reach 22 million homes, serving about 5.6 million broadband customers. Increasingly, Millicom offers converged packages that include broadband with wireless services. The firm also formed a joint venture to acquire Telefónica's operations in Chile.
59GF Score

Get the complete analysis for FRA:M4M1

OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€77.00
Price
€30.64
GF Value