Millicom Net Income from 2010 to 2026
| TIGO Stock | USD 61.03 0.00 0.00% |
Net Income | First Reported 1993-03-31 | Previous Quarter 676 M | Current Value 195 M | Quarterly Volatility 256.9 M |
Check Millicom International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Millicom International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 B, Selling General Administrative of 551.4 M or Total Revenue of 7 B, as well as many indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.0228 or PTB Ratio of 1.29. Millicom financial statements analysis is a perfect complement when working with Millicom International Valuation or Volatility modules.
Millicom | Net Income | Build AI portfolio with Millicom Stock |
Evaluating Millicom International's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Millicom International Cellular's fundamental strength.
Latest Millicom International's Net Income Growth Pattern
Below is the plot of the Net Income of Millicom International Cellular over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Millicom International financial statement analysis. It represents the amount of money remaining after all of Millicom International Cellular operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Millicom International's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Millicom International's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 256 M | 10 Years Trend |
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Net Income |
| Timeline |
Millicom Net Income Regression Statistics
| Arithmetic Mean | 285,227,770 | |
| Geometric Mean | 182,644,264 | |
| Coefficient Of Variation | 241.67 | |
| Mean Deviation | 408,421,900 | |
| Median | 75,000,000 | |
| Standard Deviation | 689,317,927 | |
| Sample Variance | 475159.2T | |
| Range | 3.2B | |
| R-Value | (0.23) | |
| Mean Square Error | 480128.8T | |
| R-Squared | 0.05 | |
| Significance | 0.38 | |
| Slope | (31,335,290) | |
| Total Sum of Squares | 7602547.3T |
Millicom Net Income History
Other Fundumenentals of Millicom International
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Millicom International Net Income component correlations
About Millicom International Financial Statements
Millicom International investors utilize fundamental indicators, such as Net Income, to predict how Millicom Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income | 294.4 M | 384.9 M | |
| Net Income Applicable To Common Shares | 159.3 M | 317.5 M | |
| Net Income From Continuing Ops | 243.9 M | 205.4 M | |
| Net Income Per Share | 1.33 | 1.41 | |
| Net Income Per E B T | 0.53 | 0.50 |
Pair Trading with Millicom International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Millicom International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Millicom International will appreciate offsetting losses from the drop in the long position's value.Moving together with Millicom Stock
Moving against Millicom Stock
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| 0.4 | TKURF | Tokyu REIT | PairCorr |
The ability to find closely correlated positions to Millicom International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Millicom International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Millicom International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Millicom International Cellular to buy it.
The correlation of Millicom International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Millicom International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Millicom International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Millicom International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Millicom International Correlation against competitors. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Will Wireless Telecommunication Services sector continue expanding? Could Millicom diversify its offerings? Factors like these will boost the valuation of Millicom International. If investors know Millicom will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Millicom International data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 2.897 | Dividend Share 3.75 | Earnings Share 6.52 | Revenue Per Share | Quarterly Revenue Growth (0.01) |
Investors evaluate Millicom International using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Millicom International's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Millicom International's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Millicom International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Millicom International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Millicom International's market price signifies the transaction level at which participants voluntarily complete trades.