Millicom International Cellular Stock Return On Asset

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 Pink Sheet. 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 pink sheet.
  
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Millicom International Cellular Company Return On Asset Analysis

Millicom International's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Millicom International Return On Asset

    
  0.0376  
Most of Millicom International's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Millicom International Cellular is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

Based on the latest financial disclosure, Millicom International Cellular has a Return On Asset of 0.0376. This is 99.09% lower than that of the Communication Services sector and 95.96% lower than that of the Telecom Services industry. The return on asset for all United States stocks is 126.86% lower than that of the firm.

Millicom Return On Asset 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 Return On Asset to detect undervalued stocks with similar characteristics or determine the pink sheets 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 return on asset category among related companies.

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.

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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Millicom International information on this page should be used as a complementary analysis to other Millicom International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Other Consideration for investing in Millicom Pink Sheet

If you are still planning to invest in Millicom International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Millicom International's history and understand the potential risks before investing.
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