Millicom International Cellular Stock Price To Earning

TIGO-SDB  SEK 289.80  0.80  0.28%   
Millicom International Cellular fundamentals help investors to digest information that contributes to Millicom International's financial success or failures. It also enables traders to predict the movement of Millicom Stock. The fundamental analysis module provides a way to measure Millicom International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Millicom International stock.
  
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Millicom International Cellular Company Price To Earning Analysis

Millicom International's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.

P/E

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Market Value Per Share

Earnings Per Share

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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition

Based on the latest financial disclosure, Millicom International Cellular has a Price To Earning of 0.0 times. This is 100.0% lower than that of the Communication Services sector and 100.0% lower than that of the Telecom Services industry. The price to earning for all Sweden stocks is 100.0% higher than that of the company.

Millicom Price To Earning Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Millicom International's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Millicom International could also be used in its relative valuation, which is a method of valuing Millicom International by comparing valuation metrics of similar companies.
Millicom International is currently under evaluation in price to earning category among its peers.

Millicom Fundamentals

About Millicom International Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Millicom International Cellular's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Millicom International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Millicom International Cellular based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Information and Resources on Investing in Millicom Stock

When determining whether Millicom International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Millicom International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Millicom International Cellular Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Millicom International Cellular Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Millicom International Cellular. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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. However, Millicom International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.