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Valuation: Millicom International Cellular S.A.

Capitalization 11.58B 9.98B 9.01B 8.65B 15.76B 1,064B 16.5B 107B 42.67B 510B 43.45B 42.52B 1,825B P/E ratio 2025
7.08x
P/E ratio 2026 * 18.1x
Enterprise value 17.96B 15.49B 13.98B 13.41B 24.46B 1,651B 25.6B 165B 66.21B 792B 67.41B 65.98B 2,831B EV / Sales 2025
1.59x
EV / Sales 2026 * 2.51x
Free-Float
97.88%
Yield 2025 *
5.39%
Yield 2026 * 4.65%
03/03 Zegona Communications plc Appoints Tim Pennington as an Independent Non-Executive Director, Effective March 3, 2026 and Joins the Audit Committee and Will Be Chair of the Audit Committee After the End of This Financial Year CI
27/02 Millicom International Cellular S.A., Q4 2025 Earnings Call, Feb 26, 2026
26/02 Millicom International Cellular Q4 Adjusted Earnings, Revenue Rise MT
26/02 Earnings Flash (TIGO) Millicom International Cellular Posts Q4 Revenue $1.65B, vs. FactSet Est of $1.57B MT
26/02 Millicom International Cellular S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2025 CI
12/02 Scotiabank Downgrades Millicom International Cellular SA to Sector Underperform From Sector Perform, Adjusts PT to $43 From $46.80 MT
11/02 Millicom (Tigo) acquires Telefonica operations in Chile jointly with NJJ RE
11/02 Spain's Telefonica reshapes Latin America strategy after leadership change RE
11/02 Millicom, NJJ Jointly Acquire Telefonica's Chile Operations MT
11/02 Millicom Says It Jointly Acquired Telefonica Chile With NJJ, Bloomberg Reports MT
06/02 Telefónica Sells Colombia Telecomunicaciones Stake to Millicom for $214 Million MT
06/02 Millicom International Cellular S.A. completed the acquisition of 67.49937% stake in Colombia Telecomunicaciones S. A. E.S.P. BIC from Telefónica Hispanoamérica, S.A.U. CI
30/01 Millicom International Cellular S.A. agreed to acquire an additional 50.01% stake in UNE EPM Telecomunicaciones S.A. from Empresas Públicas de Medellín E.S.P. for COP 2.1 trillion. CI
1 day-2.49%
1 week-4.95%
Current month-4.95%
1 month+3.48%
3 months+37.41%
6 months+48.29%
Current year+24.96%
1 week 69.03
Extreme 69.03
74.74
1 month 63.31
Extreme 63.3101
75.25
Current year 49.4
Extreme 49.4
75.25
1 year 26.35
Extreme 26.35
75.25
3 years 14.46
Extreme 14.46
75.25
5 years 10.22
Extreme 10.22
75.25
10 years 10.22
Extreme 10.22
75.46
Manager TitleAgeSince
Director of Finance/CFO - 15/04/2024
Chief Tech/Sci/R&D Officer - 01/05/2024
Compliance Officer 51 01/01/2020
Director TitleAgeSince
Director/Board Member 69 04/05/2021
Chairman 61 30/09/2024
Director/Board Member 55 01/05/2023
Change 5d. change 1-year change 3-years change Capi.($)
-2.49%-4.95%+142.83%+264.82% 11.58B
+0.47%+2.06%-16.46%+54.75% 244B
-1.14%+2.25%+5.60%+53.90% 200B
-11.08%-13.96%+72.60%+144.28% 142B
+0.07%+0.17%+10.80%+29.11% 64.45B
+0.28%-5.00%+31.75%+76.96% 33.73B
-1.37%-5.41%+49.38%+9.70% 33.54B
-3.32%+1.20%-19.41%+21.02% 30.67B
-0.18%-3.57%+16.44%+41.31% 24.21B
-2.41%-4.55%+31.91%+21.54% 18.08B
Average -2.13%-2.01%+32.55%+71.74% 80.29B
Weighted average by Cap. -2.41%-0.11%+16.03%+67.95%

Financials

2025 2026 *
Net sales 5.74B 4.95B 4.47B 4.29B 7.82B 528B 8.18B 52.83B 21.17B 253B 21.55B 21.09B 905B 8.02B 6.92B 6.24B 5.99B 10.93B 737B 11.44B 73.82B 29.58B 354B 30.11B 29.47B 1,265B
Net income 1.2B 1.04B 935M 897M 1.64B 110B 1.71B 11.05B 4.43B 52.93B 4.51B 4.41B 189B 606M 522M 472M 453M 825M 55.69B 864M 5.58B 2.23B 26.7B 2.27B 2.23B 95.51B
Net Debt 6.39B 5.51B 4.97B 4.77B 8.7B 587B 9.1B 58.75B 23.54B 281B 23.97B 23.46B 1,006B 8.57B 7.39B 6.67B 6.4B 11.67B 788B 12.21B 78.85B 31.59B 378B 32.16B 31.48B 1,351B
Logo Millicom International Cellular S.A.
Millicom International Cellular SA is a Luxembourg-based international digital telecommunications and media company. The Company provides a wide range of fixed line and mobile communications services, cable and satellite television, mobile financial services and local content, such as music and sports, to both private and business customers. It offers digital services and products through the business brands TIGO which includes TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. The segments include Latin America, which focuses on mobile and cable services; and Africa, which covers mobile services with a focus on business-to-business customers.
Employees
14,000
Date Price Change Volume
06/03/26 69.28 $ -2.49% 1,289,320
05/03/26 71.05 $ -2.00% 1,253,798
04/03/26 72.50 $ +0.67% 1,077,110
03/03/26 72.02 $ -4.17% 1,516,746
02/03/26 75.15 $ +3.10% 2,188,640
Trader
Investor
Global
Quality
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
9
Last Close Price
69.28USD
Average target price
72.62USD
Spread / Average Target
+4.83%

Quarterly revenue - Rate of surprise

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