WallStSmart

Nebius Group N.V. (NBIS)vsMillicom International Cellular SA (TIGO)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Millicom International Cellular SA generates 633% more annual revenue ($6.44B vs $877.90M). NBIS leads profitability with a 93.1% profit margin vs 19.1%. NBIS appears more attractively valued with a PEG of 0.63. TIGO earns a higher WallStSmart Score of 67/100 (B-).

NBIS

Buy

55

out of 100

Grade: C-

Growth: 8.0Profit: 5.0Value: 6.7Quality: 6.0
Piotroski: 5/9Altman Z: 1.10

TIGO

Strong Buy

67

out of 100

Grade: B-

Growth: 5.3Profit: 8.0Value: 6.7Quality: 3.5
Piotroski: 5/9Altman Z: 1.01
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

NBISUndervalued (+38.7%)

Margin of Safety

+38.7%

Fair Value

$306.34

Current Price

$188.43

$117.91 discount

UndervaluedFair: $306.34Overvalued
TIGOFair Value (-2.9%)

Margin of Safety

-2.9%

Fair Value

$62.77

Current Price

$94.18

$31.41 premium

UndervaluedFair: $62.77Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

NBIS4 strengths · Avg: 9.3/10
Profit MarginProfitability
93.1%10/10

Keeps 93 of every $100 in revenue as profit

Revenue GrowthGrowth
684.0%10/10

Revenue surging 684.0% year-over-year

Market CapQuality
$55.39B9/10

Large-cap with strong market position

PEG RatioValuation
0.638/10

Growing faster than its price suggests

TIGO5 strengths · Avg: 8.8/10
Return on EquityProfitability
39.3%10/10

Every $100 of equity generates 39 in profit

Revenue GrowthGrowth
45.1%10/10

Revenue surging 45.1% year-over-year

PEG RatioValuation
0.758/10

Growing faster than its price suggests

P/E RatioValuation
13.0x8/10

Attractively priced relative to earnings

Operating MarginProfitability
21.8%8/10

Strong operational efficiency at 21.8%

Areas to Watch

NBIS4 concerns · Avg: 2.8/10
EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Debt/EquityHealth
1.323/10

Elevated debt levels

P/E RatioValuation
84.6x2/10

Premium valuation, high expectations priced in

Free Cash FlowQuality
$-214.90M2/10

Negative free cash flow — burning cash

TIGO3 concerns · Avg: 1.7/10
EPS GrowthGrowth
-43.0%2/10

Earnings declined 43.0%

Altman Z-ScoreHealth
1.012/10

Distress zone — elevated risk

Debt/EquityHealth
3.741/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : NBIS

The strongest argument for NBIS centers on Profit Margin, Revenue Growth, Market Cap. Profitability is solid with margins at 93.1% and operating margin at -32.1%. Revenue growth of 684.0% demonstrates continued momentum.

Bull Case : TIGO

The strongest argument for TIGO centers on Return on Equity, Revenue Growth, PEG Ratio. Profitability is solid with margins at 19.1% and operating margin at 21.8%. Revenue growth of 45.1% demonstrates continued momentum.

Bear Case : NBIS

The primary concerns for NBIS are EPS Growth, Debt/Equity, P/E Ratio. A P/E of 84.6x leaves little room for execution misses.

Bear Case : TIGO

The primary concerns for TIGO are EPS Growth, Altman Z-Score, Debt/Equity. Debt-to-equity of 3.74 is elevated, increasing financial risk.

Key Dynamics to Monitor

NBIS carries more volatility with a beta of 1.40 — expect wider price swings.

NBIS is growing revenue faster at 684.0% — sustainability is the question.

TIGO generates stronger free cash flow (449M), providing more financial flexibility.

Monitor INTERNET CONTENT & INFORMATION industry trends, competitive dynamics, and regulatory changes.

Bottom Line

TIGO scores higher overall (67/100 vs 55/100), backed by strong 19.1% margins and 45.1% revenue growth. NBIS offers better value entry with a 38.7% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Nebius Group N.V.

COMMUNICATION SERVICES · INTERNET CONTENT & INFORMATION · USA

Nebius Group N.V. (Ticker: NBIS) is an innovative technology firm that specializes in advanced digital solutions to enhance client engagement and operational efficiency across diverse sectors. By integrating cutting-edge cloud computing, artificial intelligence, and data analytics, Nebius enables businesses to adeptly manage the complexities of today's digital landscape. The company boasts a strong portfolio of intellectual property and strategic partnerships, positioning it favorably to capitalize on significant growth opportunities in the technology-driven marketplace. As such, Nebius presents a compelling investment opportunity for institutional investors seeking to gain exposure to pioneering solutions in the tech sector.

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Millicom International Cellular SA

COMMUNICATION SERVICES · TELECOM SERVICES · USA

Millicom International Cellular SA offers mobile and cable services in Latin America and Africa. The company is headquartered in Luxembourg.

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