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Millicom International Cellular (OSTO:TIGO SDB) Cyclically Adjusted Price-to-FCF : 34.09 (As of May. 26, 2024)


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What is Millicom International Cellular Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Millicom International Cellular's current share price is kr257.40. Millicom International Cellular's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was kr7.55. Millicom International Cellular's Cyclically Adjusted Price-to-FCF for today is 34.09.

The historical rank and industry rank for Millicom International Cellular's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

OSTO:TIGO SDB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.36   Med: 11.05   Max: 34.61
Current: 34.61

During the past years, Millicom International Cellular's highest Cyclically Adjusted Price-to-FCF was 34.61. The lowest was 5.36. And the median was 11.05.

OSTO:TIGO SDB's Cyclically Adjusted Price-to-FCF is ranked worse than
80.95% of 189 companies
in the Telecommunication Services industry
Industry Median: 12.96 vs OSTO:TIGO SDB: 34.61

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Millicom International Cellular's adjusted free cash flow per share data for the three months ended in Mar. 2024 was kr-0.604. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is kr7.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Millicom International Cellular Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Millicom International Cellular's Cyclically Adjusted Price-to-FCF 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.

* Premium members only.

Millicom International Cellular Cyclically Adjusted Price-to-FCF Chart

Millicom International Cellular Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.59 12.74 16.15 13.17 24.63

Millicom International Cellular Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 20.79 14.63 18.07 24.63 29.07

Competitive Comparison of Millicom International Cellular's Cyclically Adjusted Price-to-FCF

For the Telecom Services subindustry, Millicom International Cellular's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Millicom International Cellular's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Millicom International Cellular's Cyclically Adjusted Price-to-FCF falls into.



Millicom International Cellular Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Millicom International Cellular's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=257.40/7.55
=34.09

* 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's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Millicom International Cellular's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.604/122.5900*122.5900
=-0.604

Current CPI (Mar. 2024) = 122.5900.

Millicom International Cellular Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.735 99.960 0.901
201409 7.253 99.900 8.900
201412 -2.204 98.830 -2.734
201503 3.617 99.980 4.435
201506 5.637 100.640 6.866
201509 10.559 100.380 12.895
201512 9.584 99.910 11.760
201603 -8.679 100.030 -10.636
201606 3.639 100.660 4.432
201609 3.872 100.750 4.711
201612 2.521 101.040 3.059
201703 -1.255 101.780 -1.512
201706 -0.610 102.170 -0.732
201709 0.688 102.520 0.823
201712 3.479 102.410 4.165
201803 -5.715 102.900 -6.809
201806 1.302 103.650 1.540
201809 2.993 104.580 3.508
201812 2.742 104.320 3.222
201903 -7.366 105.140 -8.589
201906 -1.972 105.550 -2.290
201909 -0.678 105.900 -0.785
201912 2.342 106.080 2.707
202003 -12.533 106.040 -14.489
202006 1.445 106.340 1.666
202009 1.924 106.620 2.212
202012 7.305 106.670 8.395
202103 -11.034 108.140 -12.508
202106 0.972 108.680 1.096
202109 3.807 109.470 4.263
202112 12.454 111.090 13.743
202203 -3.140 114.780 -3.354
202206 1.849 116.750 1.941
202209 1.784 117.000 1.869
202212 12.321 117.060 12.903
202303 -8.802 118.910 -9.074
202306 0.124 120.460 0.126
202309 8.190 121.740 8.247
202312 3.225 121.170 3.263
202403 -0.604 122.590 -0.604

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Millicom International Cellular  (OSTO:TIGO SDB) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Millicom International Cellular Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Millicom International Cellular's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Millicom International Cellular (OSTO:TIGO SDB) Business Description

Address
2, Rue du Fort Bourbon, Luxembourg, LUX, L-1249
Millicom offers wireless and fixed-line telecom services primarily in smaller, less congested markets or in 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%), Costa Rica (100%) and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's fixed-line networks reach nearly 13 million homes while its wireless networks cover about 120 million people. Increasingly, Millicom offers a converged package that may include fixed-line phone, broadband, and pay television in conjunction with wireless services. The firm plans to carve out its infrastructure assets and mobile financial services business in 2023.

Millicom International Cellular (OSTO:TIGO SDB) Headlines

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