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Millicom International Cellular S.A. (TIGO)

79.57 -0.33 (-0.41%)
At close: October 30 at 4:00:01 PM EDT
78.73 -0.84 (-1.06%)
After hours: October 30 at 5:48:27 PM EDT
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Chart Range Bar
Loading chart for TIGO
  • Previous Close 79.90
  • Open 79.14
  • Bid 74.60 x 200
  • Ask 86.35 x 200
  • Day's Range 78.88 - 81.84
  • 52 Week Range 44.88 - 107.13
  • Volume 891,999
  • Avg. Volume 995,376
  • Market Cap (intraday) 13.345B
  • Beta (5Y Monthly) 0.90
  • PE Ratio (TTM) 20.09
  • EPS (TTM) 3.96
  • Earnings Date Nov 5, 2026
  • Forward Dividend & Yield 3.00 (3.77%)
  • 1y Target Est 96.39
  • Morningstar Rating
    Rating available with Stock Picks access

Millicom International Cellular S.A. engages in the provision cable and mobile services in Latin America. The company offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. In addition, the company provides fixed services, including broadband, fixed voice, and pay-TV; and fixed-voice and data telecommunications services, managed services, cloud and security solutions, and value-added services; and tower infrastructure and services. The company serves small, medium, and large businesses, as well as residential consumers and governmental entities. It markets its products and services under the Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg, Luxembourg.

www.millicom.com

14,250

Full Time Employees

December 31

Fiscal Year Ends

Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

TIGO
51.80%
S&P 500 (^GSPC)
10.73%

1-Year Return

TIGO
79.91%
S&P 500 (^GSPC)
11.11%

3-Year Return

TIGO
517.31%
S&P 500 (^GSPC)
81.91%

5-Year Return

TIGO
174.05%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized
 

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 2.18B
Earnings 109M
Profit Margin 5.00%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
500M
1B
2B
2B
6.0%
8.0%
10.0%
12.0%
14.0%
 

Analyst Insights

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Analyst Price Targets

60.10 Low
96.39 Average
79.57 Current
132.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Latest Rating

Date 8/18/2026
Analyst JP Morgan
Rating Action Downgrade
Rating Neutral
Price Action Raises
Price Target 100 -> 105
 

Statistics

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Valuation Measures

Annual
As of 10/30/2026
  • Market Cap

    13.34B

  • Enterprise Value

    24.42B

  • Trailing P/E

    20.09

  • Forward P/E

    8.67

  • PEG Ratio (current)

    0.04

  • Price/Sales (ttm)

    1.84

  • Price/Book (mrq)

    5.43

  • Enterprise Value/Revenue

    3.37

  • Enterprise Value/EBITDA

    7.29

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    9.18%

  • Return on Assets (ttm)

    5.86%

  • Return on Equity (ttm)

    21.73%

  • Revenue (ttm)

    7.25B

  • Net Income Avi to Common (ttm)

    669M

  • Diluted EPS (ttm)

    3.96

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    861M

  • Total Debt/Equity (mrq)

    485.16%

  • Levered Free Cash Flow (ttm)

    1.88B

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Company Insights

Fair Value

79.57 Current
 

Dividend Score

0 Low
Sector Avg.
100 High
 

Hiring Score

0 Low
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
Sector Avg.
100 High
 

Research Reports

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  • Millicom Earnings: Margin Gains Continue to Exceed Our Expectations, Though Currencies Helped

    Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia, Nicaragua, Panama, El Salvador, Guatemala, Paraguay, Colombia, Ecuador, Uruguay, and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm’s wireless networks cover about 145 million people, serving more than 55 million customers. Its fixed-line networks reach 22 million homes, serving about 5.5 million broadband customers. Increasingly, Millicom offers converged packages that include broadband with wireless services. The firm also acquired Telefónica's operations in Chile via a joint venture.

     
  • Millicom Earnings: Margin Gains Continue to Exceed Our Expectations, Though Currencies Helped

    Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia, Nicaragua, Panama, El Salvador, Guatemala, Paraguay, Colombia, Ecuador, Uruguay, and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm’s wireless networks cover about 145 million people, serving more than 55 million customers. Its fixed-line networks reach 22 million homes, serving about 5.5 million broadband customers. Increasingly, Millicom offers converged packages that include broadband with wireless services. The firm also acquired Telefónica's operations in Chile via a joint venture.

     
  • Millicom Earnings: Colombia Is Taking Shape as Margins Continue to Impress

    Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia, Nicaragua, Panama, El Salvador, Guatemala, Paraguay, Colombia, Ecuador, Uruguay, and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm’s wireless networks cover about 145 million people, serving nearly 60 million customers. Its fixed-line networks reach 22 million homes, serving about 5.6 million broadband customers. Increasingly, Millicom offers converged packages that include broadband with wireless services. The firm also formed a joint venture to acquire Telefónica's operations in Chile.

     
  • Daily – Vickers Top Buyers & Sellers for 06/16/2026

    The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

     

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