Valuation check: TIGOR's ROE is 39.27%, above the Telecommunications sector average of 10.45%.
Get informed when a big investor buys or sells
+ Follow39.27%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Millicom International Cellular S.A. - Tradeable Rights - May 2022's return on equity stands at 39.27%. That is above the Telecommunications sector average of 10.45%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Millicom International Cellular S.A. - Tradeable Rights - May 2022 sits higher the Telecommunications benchmark (10.45%) with a ROE of 39.27%. That is roughly 275.6% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A ROE of 39.27% for Millicom International Cellular S.A. - Tradeable Rights - May 2022 means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how Millicom International Cellular S.A. - Tradeable Rights - May 2022's ROE evolved across reporting periods, while the comparison chart places TIGOR next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.
Yes — within Telecommunications, ROE is commonly used to spot outliers. Millicom International Cellular S.A. - Tradeable Rights - May 2022's reading of 39.27% (sector avg 10.45%) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.