TIGO - Millicom International Cellular S.A.
Price:
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$69.25
DETAILS
HIGH:
$90.00
LOW:
$43.00
MEDIAN:
$72.00
CONSENSUS:
$69.25
DOWNSIDE:
19.33%
AlphaVal
Deterministic, archetype-aware fair value
Platform & Compounding FCF
75% confidence
Primary model: Two-stage FCF DCF
Adjust Assumptions
3.0%
11.0%
3.0%
Key Value Driver
FCF growth rate (3% base case)
Terminal Value % of EV
33%
Implied Market Multiple
18.8x
Plain-Language Summary
Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $69.25 from 11 analysts, using a 20% weight on analyst consensus. That produces an estimated intrinsic value of $49.00 per share.
Warnings
Wall Street's average price target is $69.25 (from 11 analysts). Our estimate is 37% below the consensus -- consider that gap carefully.
Key Risks
- P/E alone misleads — earnings depressed by growth investment
- Cyclical or commodity businesses may be misclassified as platforms
- Terminal value dominance suggests sensitivity to long-run assumptions