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TIGO stock logo

TIGO

Millicom International Cellular S.A.

$87.36
3.69
 (4.41%)
Exchange:  NASDAQ
Market Cap:  14.636B
Shares Outstanding:  72.125M
Delayed data
Calculate TIGO Intrinsic Value
5-year outlook →
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Communication Services
Industry:  Telecommunications Services
   
CEO:  Marcelo Benitez
Full Time Employees:  14000
Address: 
2, Rue du Fort Bourbon
Luxembourg City
1249
US
Website:  https://www.millicom.com
Millicom International Cellular S.A. functions as a leading telecommunications firm, providing a range of mobile and cable services throughout its operational regions in Latin America and Africa. The company’s mobile segment delivers fundamental services such as mobile data and voice communication, along with text messaging (SMS). Additionally, it offers an extensive array of mobile financial solutions, including payment processing, money transfers, international remittances, savings options, instant loans, and micro-insurance. In parallel, Millicom furnishes fixed-line and cable services. Residential customers can access high-speed internet (broadband), diverse content platforms, traditional landline phone services, and subscription television (pay-TV). For businesses of all sizes, from small enterprises to major corporations, and governmental entities, the company provides tailored fixed services, managed IT solutions, cloud computing capabilities, robust cybersecurity measures, and various supplementary value-added offerings. As of December 31, 2021, Millicom had a substantial customer base, serving 44.9 million mobile subscribers and extending its cable network to 12.7 million homes. The firm markets its wide range of products and services primarily under the Tigo and Tigo Business brands. Millicom, which was established in 1990, has its corporate headquarters situated in Luxembourg.

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Revenue Segmentation

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EPS

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Earnings Call

Full text

Earnings transcript

Read the complete earnings call transcript.

AI summary

Key takeaways

Short, structured highlights from the call so you can focus on what matters.

2026/05/12 — Q1 quarter 2026

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

Year202320242025
Revenue5,661,0005,804,0005,819,000
Gross Profit2,202,0004,384,0004,508,000
EBITDA2,185,0002,358,0002,818,000
Operating Income773,0001,342,0001,639,000
Net Income-82,000253,0001,316,000

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets14,516,00013,737,00017,253,000
Total Liabilities11,071,00010,163,00013,633,000
Total Stockholders Equity3,529,0003,628,0003,640,000
Total Debt7,740,0006,769,0009,494,000
Cash and Cash Equivalents775,000699,0001,552,000

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Cash Flow Statement

Year202320242025
Operating Cash Flow1,223,0001,603,0001,734,000
Capital Expenditure-1,183,000-540,000-650,000
Free Cash Flow40,0001,063,0001,084,000
Net Income-82,000253,0001,316,000
Net Change in Cash-264,000-76,000853,000

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2029Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Low)5,801,515.108Full AccessFull AccessFull AccessFull Access
Estimated Revenue (High)5,992,913.556Full AccessFull AccessFull AccessFull Access
Estimated Revenue (Avg)5,900,000Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Low)2,515,244.111Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (High)2,598,224.817Full AccessFull AccessFull AccessFull Access
Estimated Ebitda (Avg)2,557,942.189Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Low)0Full AccessFull AccessFull AccessFull Access
Estimated Net Income (High)0Full AccessFull AccessFull AccessFull Access
Estimated Net Income (Avg)0Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Low)1,370,375.843Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (High)1,415,586.069Full AccessFull AccessFull AccessFull Access
Estimated SGA Expense (Avg)1,393,638.959Full AccessFull AccessFull AccessFull Access
Estimated EPS (Avg)0Full AccessFull AccessFull AccessFull Access
Estimated EPS (High)0Full AccessFull AccessFull AccessFull Access
Estimated EPS (Low)0Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated Revenue)3Full AccessFull AccessFull AccessFull Access
Number of Analysts (Estimated EPS)4Full AccessFull AccessFull AccessFull Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
5.804B  ?P/S
 (TTM)
: 
2.15
?Net Income
 (TTM)
: 
253M  ?P/E
 (TTM)
: 
11.22
?Enterprise Value
 (TTM)
: 
24.355B  ?EV/FCF
 (TTM)
: 
17.54
?Dividend Yield
 (TTM)
: 
0.07  ?Payout Ratio
 (TTM)
: 
0.58
?ROE
 (TTM)
: 
0.36  ?ROIC
 (TTM)
: 
0.07
?Net Debt
 (TTM)
: 
6.013B  ?Debt/Equity
 (TTM)
: 
3.74
?P/B
 (TTM)
: 
4.41  ?Current Ratio
 (TTM)
: 
0.61

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Full Access for high/low estimates and the interactive table.

Forward P/E 1YFull AccessFull AccessFull AccessFull Access
21.36Full AccessFull AccessFull AccessFull Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

Based on current fundamentals and analyst forecasts, MARKETSnap estimates TIGO intrinsic value between $90.64 – $102.60 per share. This depends on revenue growth, margins, and discount rate.

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.

[intrinsic_calculator]

Common questions about TIGO valuation

Is Millicom International Cellular S.A. (TIGO) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for Millicom International Cellular S.A. (TIGO) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is TIGO a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether TIGO trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is TIGO’s P/E ratio?

You can see TIGO’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for TIGO?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is TIGO a good long-term investment?

Whether TIGO fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

TIGO

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

4.41
MARKETSnap

Trading Metrics:

Open: 84.51   Previous Close: 83.67
Day Low: 84.5   Day High: 87.5
Year Low: 35.62   Year High: 89.49
Price Avg 50: 82.24   Price Avg 200: 62.28
Volume: 1.074M   Average Volume: 1.638M

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See in Nexus

Relevant news

Millicom: Strong Margins, Higher Expectations
05-06-2026 05:58
Millicom: Strong Margins, Higher Expectations
Millicom International Cellular SA (TIGO) Shares Fall 3.3% -- What GF Score of 62 Tells Investors
26-05-2026 20:22
Millicom International Cellular SA (TIGO) Shares Fall 3.3% -- What GF Score of 62 Tells Investors
Millicom International Cellular Q1 Earnings Call Highlights
12-05-2026 13:17
Millicom International Cellular Q1 Earnings Call Highlights
Millicom (Tigo) Q1 2026 Earnings Release
12-05-2026 06:00
Millicom (Tigo) Q1 2026 Earnings Release
Millicom (Tigo) strengthens its position in Colombia following the successful acquisition of the government stake in Coltel
27-04-2026 16:23
Millicom (Tigo) strengthens its position in Colombia following the successful acquisition of the government stake in Coltel
Millicom's Next Growth Is Built On Colombian Simplicity And Chilean Optionality
20-04-2026 01:48
Millicom's Next Growth Is Built On Colombian Simplicity And Chilean Optionality

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