TIGO
Millicom International Cellular S.A.
$94.83
-1.08
(-1.13%)
Mkt Cap
15.89B
Volume
571,987
52W Range
44.881-107.13
Sector
Communication Services
Beta
0.90
EPS (TTM)
3.98 USD
P/E Ratio
23.83
Revenue (TTM)
7.24B USD
Rev Growth (5Y)
+6.9%
EPS Growth (5Y)
N/A
AlphaVal · Fair Value
What we estimate one share is worth
$132.49
Undervalued
moderate signal
28.4% below fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
B-
Platform & Compounding FCF
63.6 / 100 composite
A platform business that compounds free cash flow — graded A–F vs. similar companies.
Company Description
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.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.82B | 5.80B | 5.66B | 5.62B | 4.26B | 4.17B | 4.34B | 3.95B | 4.08B | 4.11B | 6.57B | 6.39B |
| Net Income | 1.32B | 253.00M | (82.00M) | 57.00M | 590.00M | (344.00M) | 75.00M | 19.00M | 47.00M | (45.00M) | (559.00M) | 2.62B |
| EPS | 7.86 | 1.48 | -0.48 | 0.41 | 3.60 | -2.67 | 0.58 | 0.15 | 0.37 | -0.35 | -4.38 | 20.57 |
| Free Cash Flow | 1.18B | 1.13B | 40.00M | 212.00M | 48.00M | (3.00M) | 302.00M | 12.00M | 37.00M | 16.00M | 446.00M | 146.00M |
| FCF / Share | 7.04 | 6.59 | 0.23 | 1.52 | 0.29 | -0.02 | 2.34 | 0.09 | 0.29 | 0.13 | 3.50 | 1.15 |
| Operating CF | 1.83B | 1.67B | 1.22B | 1.28B | 956.00M | 821.00M | 1.04B | 792.00M | 820.00M | 878.00M | 1.65B | 1.46B |
| Total Assets | 17.25B | 13.74B | 14.52B | 14.20B | 15.14B | 12.42B | 12.89B | 10.31B | 9.46B | 9.63B | 10.39B | 13.42B |
| Total Debt | 9.47B | 6.77B | 7.74B | 7.82B | 8.91B | 6.71B | 7.04B | 4.58B | 4.15B | 3.90B | 4.01B | 4.83B |
| Cash & Equiv | 1.60B | 699.00M | 775.00M | 1.04B | 895.00M | 875.00M | 1.16B | 528.00M | 619.00M | 646.00M | 769.00M | 694.00M |
| Book Value | 3.64B | 3.63B | 3.53B | 3.60B | 2.58B | 2.06B | 2.41B | 2.54B | 3.10B | 3.17B | 3.48B | 2.34B |
| Return on Equity | 0.36 | 0.07 | -0.02 | 0.02 | 0.23 | -0.17 | 0.03 | 0.01 | 0.02 | -0.01 | -0.16 | 1.12 |
| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.18B | 1.98B | 1.65B | 1.42B | 1.37B | 1.37B | 1.43B | 1.43B | 1.46B | 1.49B | 1.48B | 1.42B |
| Net Income | 109.00M | 109.00M | 252.00M | 195.00M | 676.00M | 193.00M | 32.00M | 51.00M | 78.00M | 92.00M | (63.00M) | (1.00M) |
| EPS | 0.65 | 0.65 | 1.51 | 1.17 | 4.05 | 1.14 | 0.18 | 0.30 | 0.46 | 0.54 | -0.37 | 0.00 |
| Free Cash Flow | 464.03M | 449.00M | 291.00M | 338.60M | 310.14M | 232.00M | 278.72M | 284.00M | 299.00M | 117.00M | 182.60M | 128.00M |
| FCF / Share | 2.77 | 2.68 | 1.73 | 2.01 | 1.86 | 1.37 | 1.63 | 1.66 | 1.75 | 0.68 | 1.06 | 0.75 |
| Operating CF | 723.63M | 618.00M | 477.00M | 507.18M | 494.91M | 364.00M | 435.34M | 433.00M | 476.00M | 248.00M | 389.28M | 347.00M |
| Total Assets | 20.68B | 20.75B | 17.25B | 15.59B | 15.00B | 13.66B | 13.74B | 14.07B | 14.19B | 14.35B | 14.52B | 14.46B |
| Total Debt | 11.90B | 11.72B | 9.47B | 8.44B | 7.93B | 7.12B | 6.77B | 7.25B | 7.47B | 7.68B | 7.74B | 7.74B |
| Cash & Equiv | 861.00M | 1.22B | 1.60B | 1.71B | 1.28B | 534.00M | 699.00M | 803.00M | 792.00M | 622.00M | 775.00M | 759.00M |
| Book Value | 2.53B | 3.14B | 3.64B | 3.34B | 3.54B | 3.39B | 3.63B | 3.81B | 3.68B | 3.60B | 3.53B | 3.64B |
| Return on Equity | 0.04 | 0.03 | 0.07 | 0.06 | 0.19 | 0.06 | 0.01 | 0.01 | 0.02 | 0.03 | -0.02 | -0.00 |
TIGO News
Millicom: The Acquisition Playbook Is Working
Bank of America Corp DE Raises Stock Position in Millicom International Cellular SA $TIGO
Here Are Tuesday’s Top Wall Street Analyst Research Calls: Abercrombie & Fitch, America Movil, Bath & Body Works, Duolingo, Gorilla Technology, Lumentum Holdings, Micron Technology, Tapestry,and More
Millicom International Cellular Q2 Earnings Call Highlights
A Look at Millicom International Cellular SA (TIGO) After 13.7% Gain -- GF Value $34.58 vs Price $104.31
Millicom International Cellular S.A. (TIGO) Q2 2026 Earnings Call Transcript
Millicom International Cellular SA (TIGO) Beats Q2 Earnings and Revenue Estimates
Millicom (Tigo) raises 2026 Financial Guidance and declares $1.50 per share interim dividend
Millicom (Tigo) Q2 2026 Earnings Release
Bank of New York Mellon Corp Purchases 29,671 Shares of Millicom International Cellular SA $TIGO