Millicom International Cellular S.A. (TIGO)
NASDAQ: TIGO · Real-Time Price · USD
70.17
+0.89 (1.28%)
At close: Mar 9, 2026, 4:00 PM EDT
70.68
+0.51 (0.73%)
After-hours: Mar 9, 2026, 6:45 PM EDT

TIGO Statistics

Total Valuation

TIGO has a market cap or net worth of $11.72 billion. The enterprise value is $19.65 billion.

Market Cap11.72B
Enterprise Value 19.65B

Important Dates

The last earnings date was Thursday, February 26, 2026, before market open.

Earnings Date Feb 26, 2026
Ex-Dividend Date Apr 8, 2026

Share Statistics

TIGO has 167.09 million shares outstanding. The number of shares has decreased by -2.64% in one year.

Current Share Class 167.09M
Shares Outstanding 167.09M
Shares Change (YoY) -2.64%
Shares Change (QoQ) -0.08%
Owned by Insiders (%) n/a
Owned by Institutions (%) 51.08%
Float 96.32M

Valuation Ratios

The trailing PE ratio is 8.96 and the forward PE ratio is 19.20. TIGO's PEG ratio is 0.64.

PE Ratio 8.96
Forward PE 19.20
PS Ratio 2.01
Forward PS 1.63
PB Ratio 3.22
P/TBV Ratio n/a
P/FCF Ratio 10.82
P/OCF Ratio 6.76
PEG Ratio 0.64
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.01, with an EV/FCF ratio of 18.13.

EV / Earnings 14.93
EV / Sales 3.38
EV / EBITDA 7.01
EV / EBIT 12.90
EV / FCF 18.13

Financial Position

The company has a current ratio of 0.88, with a Debt / Equity ratio of 2.62.

Current Ratio 0.88
Quick Ratio 0.74
Debt / Equity 2.62
Debt / EBITDA 3.38
Debt / FCF 8.75
Interest Coverage 2.59

Financial Efficiency

Return on equity (ROE) is 37.86% and return on invested capital (ROIC) is 11.50%.

Return on Equity (ROE) 37.86%
Return on Assets (ROA) 6.14%
Return on Invested Capital (ROIC) 11.50%
Return on Capital Employed (ROCE) 10.99%
Weighted Average Cost of Capital (WACC) 7.35%
Revenue Per Employee $415,643
Profits Per Employee $94,000
Employee Count14,000
Asset Turnover 0.38
Inventory Turnover 23.00

Taxes

In the past 12 months, TIGO has paid $303.00 million in taxes.

Income Tax 303.00M
Effective Tax Rate 18.20%

Stock Price Statistics

The stock price has increased by +145.95% in the last 52 weeks. The beta is 0.90, so TIGO's price volatility has been lower than the market average.

Beta (5Y) 0.90
52-Week Price Change +145.95%
50-Day Moving Average 61.98
200-Day Moving Average 49.24
Relative Strength Index (RSI) 57.97
Average Volume (20 Days) 1,500,336

Short Selling Information

Short Interest 2.24M
Short Previous Month 2.20M
Short % of Shares Out 2.32%
Short % of Float n/a
Short Ratio (days to cover) 1.90

Income Statement

In the last 12 months, TIGO had revenue of $5.82 billion and earned $1.32 billion in profits. Earnings per share was $7.83.

Revenue5.82B
Gross Profit 4.51B
Operating Income 1.52B
Pretax Income 1.67B
Net Income 1.32B
EBITDA 2.80B
EBIT 1.52B
Earnings Per Share (EPS) $7.83
Full Income Statement

Balance Sheet

The company has $1.55 billion in cash and $9.48 billion in debt, with a net cash position of -$7.93 billion or -$47.45 per share.

Cash & Cash Equivalents 1.55B
Total Debt 9.48B
Net Cash -7.93B
Net Cash Per Share -$47.45
Equity (Book Value) 3.62B
Book Value Per Share 21.78
Working Capital -407.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.73 billion and capital expenditures -$650.00 million, giving a free cash flow of $1.08 billion.

Operating Cash Flow 1.73B
Capital Expenditures -650.00M
Free Cash Flow 1.08B
FCF Per Share $6.49
Full Cash Flow Statement

Margins

Gross margin is 77.47%, with operating and profit margins of 26.17% and 22.62%.

Gross Margin 77.47%
Operating Margin 26.17%
Pretax Margin 28.61%
Profit Margin 22.62%
EBITDA Margin 48.17%
EBIT Margin 26.17%
FCF Margin 18.63%

Dividends & Yields

This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 4.28%.

Dividend Per Share $3.00
Dividend Yield 4.28%
Dividend Growth (YoY) 214.29%
Years of Dividend Growth 1
Payout Ratio 70.24%
Buyback Yield 2.64%
Shareholder Yield 6.92%
Earnings Yield 11.22%
FCF Yield 9.25%
Dividend Details

Analyst Forecast

The average price target for TIGO is $60.20, which is -14.21% lower than the current price. The consensus rating is "Buy".

Price Target $60.20
Price Target Difference -14.21%
Analyst Consensus Buy
Analyst Count 5
Revenue Growth Forecast (5Y) 8.97%
EPS Growth Forecast (5Y) 2.75%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on February 23, 2004. It was a forward split with a ratio of 4:1.

Last Split Date Feb 23, 2004
Split Type Forward
Split Ratio 4:1

Scores

TIGO has an Altman Z-Score of 1.14 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.14
Piotroski F-Score 6