Millicom International Cellular S.A. TIGO R3K
Company Overview
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.
Why Investors Should Care
Generates a return on equity of 21.7%, reflecting efficient use of shareholder capital.
Net profit has compounded at 95.2% per year over the last five years.
Operating margin of 20.7% supports profitability.
Offers a dividend yield of 3.14%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $5.82B (+0.3% YoY); net profit $1.32B.
- Trailing 12 Months Year-on-year growth — revenue +59.4%, earnings -84.0%.
- 5-Year Trend Long-term compounding — revenue CAGR 1.1%, profit CAGR 95.2%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 1.14% |
| 1 Year: | 59.40% |
Compounded Profit Growth
| 5 Years: | 95.18% |
| 1 Year: | -84.00% |
Stock Price Performance
| 1 Year: | +138.56% |
| 6 Months: | +41.36% |
| 3 Months: | +15.63% |
| 1 Month: | -1.16% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)54.07 · Neutral
P/E of 23.93 is above the sector median of 16.99 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 21.7%.
- Profit CAGR of 95.2% over 5 years.
- Attractive dividend yield of 3.14%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Communication Services).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TIGO Millicom International Cellular S.A. R3K | 95.97 | 23.93 | $16.10B | 3.14% | 10.84% | 21.73% | 1.14% | 95.18% |
| 2 | GOOGL Alphabet Inc. NDXSPXR3KAITECH | 338.36 | 16.97 | $1.99T | 0.25% | 26.20% | 48.68% | 17.96% | 21.53% |
| 3 | META Meta Platforms, Inc. NDXSPXR3KAITECH | 613.48 | 23.12 | $1.35T | 0.31% | 25.69% | 29.85% | 19.89% | 37.61% |
| 4 | NFLX Netflix, Inc. NDXSPXR3KAI | 76.77 | 24.14 | $319.67B | 0.00% | 29.87% | 49.54% | 22.30% | 32.79% |
| 5 | VZ Verizon Communications Inc. SPXR3K | 50.41 | 13.13 | $209.44B | 5.86% | 8.56% | 15.84% | 2.33% | 6.90% |
| 6 | TMUS T-Mobile US, Inc. NDXSPXR3K | 181.69 | 19.03 | $194.89B | 2.45% | 9.39% | 17.99% | 22.63% | 28.77% |
| 7 | DIS The Walt Disney Company SPXR3K | 105.06 | 21.66 | $181.41B | 1.43% | 10.74% | 8.01% | 6.96% | 4.12% |
| 8 | T AT&T Inc. SPXR3K | 25.60 | 8.45 | $175.42B | 4.37% | 6.59% | 18.34% | 0.31% | 3.44% |
| 9 | SPOT Spotify Technology S.A. R3KAITECH | 528.64 | 28.81 | $108.70B | 0.00% | 24.61% | 44.48% | 13.59% | - |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Revenue | - | 1.37B | 1.37B | 1.42B | 1.65B | 1.99B |
| Cost of Revenue | - | 314.00M | 316.00M | 313.00M | 367.00M | 479.00M |
| Gross Profit | - | 1.05B | 1.06B | 1.11B | 1.28B | 1.51B |
| Operating Expenses | - | 646.00M | 713.00M | 731.00M | 880.00M | 1.08B |
| Operating Income | - | 408.00M | 343.00M | 376.00M | 405.00M | 427.00M |
| EBITDA | - | 720.00M | 1.21B | 753.00M | 853.00M | 824.00M |
| Interest Expense | - | 136.00M | 135.00M | 148.00M | 171.00M | 203.00M |
| Pretax Income | - | 287.00M | 774.00M | 289.00M | 312.00M | 154.00M |
| Tax Provision | - | 71.00M | 102.00M | 85.00M | 45.00M | 78.00M |
| Net Income | - | 193.00M | 676.00M | 195.00M | 252.00M | 109.00M |
| Diluted EPS | - | 1.14 | 4.03 | 1.16 | 1.50 | 0.65 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 5.62B | 5.66B | 5.80B | 5.82B |
| Cost of Revenue | - | 1.51B | 1.51B | 1.42B | 1.31B |
| Gross Profit | - | 4.12B | 4.15B | 4.38B | 4.51B |
| Operating Expenses | - | 3.23B | 3.37B | 3.11B | 3.00B |
| Operating Income | - | 885.00M | 779.00M | 1.27B | 1.50B |
| EBITDA | - | 2.16B | 2.11B | 2.36B | 3.53B |
| Interest Expense | - | 558.00M | 594.00M | 571.00M | 589.00M |
| Pretax Income | - | 238.00M | 175.00M | 552.00M | 1.67B |
| Tax Provision | - | 222.00M | 424.00M | 281.00M | 303.00M |
| Net Income | - | 177.00M | -82.00M | 253.00M | 1.32B |
| Diluted EPS | - | 1.27 | 0.48 | 1.46 | 7.83 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 14.20B | 14.52B | 13.74B | 17.25B |
| Current Assets | - | 2.07B | 1.92B | 2.38B | 2.98B |
| Cash & Equivalents | - | 1.04B | 775.00M | 699.00M | 1.55B |
| Inventory | - | 53.00M | 45.00M | 44.00M | 70.00M |
| Receivables | - | 379.00M | 443.00M | 389.00M | 527.00M |
| Total Liabilities | - | 10.56B | 11.07B | 10.16B | 13.63B |
| Current Liabilities | - | 2.12B | 2.33B | 3.12B | 3.39B |
| Long Term Debt | - | 6.62B | 6.48B | 5.53B | 6.56B |
| Total Debt | - | 7.82B | 7.74B | 6.77B | 9.47B |
| Total Equity | - | 3.60B | 3.53B | 3.63B | 3.64B |
| Shares Outstanding | - | 172.10M | 172.10M | 172.10M | 169.00M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 1.28B | 1.22B | 1.60B | 1.73B |
| Investing Cash Flow | - | -1.10B | -1.12B | -604.00M | -374.00M |
| Financing Cash Flow | - | -1.00M | -377.00M | -1.07B | -485.00M |
| Capital Expenditure | - | -1.07B | -1.18B | -769.00M | -814.00M |
| Free Cash Flow | - | 212.00M | 40.00M | 834.00M | 920.00M |
| Net Change in Cash | - | 179.00M | -270.00M | -68.00M | 875.00M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 73.2% | 73.3% | 75.5% | 77.5% |
| Operating Margin % | - | 15.7% | 13.8% | 21.9% | 25.8% |
| Net Margin % | - | 3.1% | -1.4% | 4.4% | 22.6% |
| ROE % | - | 4.9% | -2.3% | 7.0% | 36.2% |
| ROCE % | - | 7.3% | 6.4% | 12.0% | 10.8% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Dodge & Cox Inc. | 8.08% | 8.22M | $774.68M |
| 2 | Blackrock Inc. | 8.00% | 8.14M | $767.13M |
| 3 | JPMORGAN CHASE & CO | 6.63% | 6.75M | $636.01M |
| 4 | Capital World Investors | 3.60% | 3.66M | $344.94M |
| 5 | State Street Corporation | 2.72% | 2.77M | $260.86M |
| 6 | Brandes Investment Partners L.P. | 2.71% | 2.75M | $259.60M |
| 7 | Barclays Plc | 2.63% | 2.67M | $251.89M |
| 8 | AXIOM INVESTORS LLC /DE | 1.57% | 1.59M | $150.34M |
| 9 | Swedbank AB | 1.52% | 1.55M | $145.64M |
| 10 | Geode Capital Management, LLC | 1.51% | 1.54M | $145.19M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for TIGO
New Tigo Energy (TYGO) stock plan lets employees buy up to 1M shares - Stock Titan
<a href="https://news.google.com/rss/articles/CBMisgFBVV95cUxPaGQ4ZmI5cnlTMEQ2QXRkLTB6LUh6QllVVjh0UTJYLVdpWUNNWVFSTEt6RlBvXzRxZW5uR2VqQlhQdjFhN1ZhWG9XeFJSWVZDTDRhZThmWGVrb3FpZXdvYjdNeTIzLUp1NlNfQjROcy11UnpGVTYxUjNmM1VfemE2M2JDQ3hUakMwbUtfME…
Millicom International Cellular (TIGO) Stock Looks Stretched As Cash Flow Targets Rise - finance.yahoo.com
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Millicom International Cellular SA (NASDAQ:TIGO) Given Average Recommendation of "Hold" by Brokerages - marketbeat.com
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Rosen Law Firm Encourages Tigo Energy, Inc. Investors to Inquire About Securities Class Action Investigation - TYGO - Morningstar
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Investigation launched into Tigo Energy for all... - Pluang
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The Technical Signals Behind (TIGO) That Institutions Follow - Stock Traders Daily
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TIGO — Frequently Asked Questions
What is the current share price of Millicom International Cellular S.A. (TIGO)?
As of 2026-09-19 21:16 PDT, Millicom International Cellular S.A. (TIGO) trades at $95.97 on NasdaqGS. Its 52-week range is $40.23 to $104.31.
What is the market capitalisation of TIGO?
Millicom International Cellular S.A. (TIGO) has a market capitalisation of $16.10B on NasdaqGS.
What is the P/E ratio of TIGO?
TIGO trades at a trailing price-to-earnings (P/E) ratio of 23.93. The industry average P/E is 16.99. Its price-to-book (P/B) ratio is 6.44.
Does TIGO pay a dividend?
Millicom International Cellular S.A. (TIGO) currently offers a dividend yield of 3.14%.
What is the return on equity (ROE) of TIGO?
TIGO has a return on equity (ROE) of 21.73%. Its return on capital employed (ROCE) is 10.84%.
Is TIGO a good stock to buy?
This page provides a data-driven analysis of Millicom International Cellular S.A. (TIGO), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.