Is Millicom International Cellular (TIGO) Stock Undervalued Right Now?

Core Insights - The article emphasizes the importance of value investing and highlights specific companies that exhibit strong value characteristics, particularly Millicom International Cellular (TIGO) and Turkcell Iletisim Hizmetleri (TKC) [2][3][7] Company Analysis - Millicom International Cellular (TIGO) has a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [3] - TIGO's Price-to-Sales (P/S) ratio is 0.77, significantly lower than the industry average of 1.36, suggesting it may be undervalued [4] - TIGO's Price-to-Cash Flow (P/CF) ratio is 3.16, compared to the industry's average of 4.31, indicating solid cash flow performance [5] - Over the past year, TIGO's P/CF has fluctuated between 2.19 and 3.45, with a median of 3.04 [5] Industry Comparison - Turkcell Iletisim Hizmetleri (TKC) also holds a Zacks Rank of 2 (Buy) and a Value grade of A, making it another attractive option for value investors [6] - TKC's Price-to-Book (P/B) ratio is 1.24, higher than the industry's average of 0.83, indicating a potential undervaluation [6] - Over the past 12 months, TKC's P/B ratio has ranged from 0.80 to 1.53, with a median of 1.16 [6] Investment Outlook - Both TIGO and TKC are highlighted as strong value stocks based on their earnings outlook and valuation metrics, making them appealing to value investors [7]