Millicom/$TIGO
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Millicom
Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia, Nicaragua, Panama, El Salvador, Guatemala, Paraguay, Colombia, Ecuador, Uruguay, and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's wireless networks cover about 145 million people, serving more than 55 million customers. Its fixed-line networks reach 22 million homes, serving about 5.5 million broadband customers. Increasingly, Millicom offers converged packages that include broadband with wireless services. The firm also acquired Telefónica's operations in Chile via a joint venture.
- Ticker
- $TIGO
- Sector
- Communication
- Primary listing
- NASDAQ
- Employees
- 14,250
- Headquarters
- Luxembourg, Luxembourg
- Website
- www.millicom.com
Millicom Metrics
BasicAdvanced
$13B
20.11
$3.97
0.90
$4.25
3.75%
Price and volume
Market cap
$13B
Beta
0.9
52-week high
$107.13
52-week low
$44.88
Average daily volume
935K
Dividend rate
$4.25
Financial strength
Current ratio
0.541
Quick ratio
0.427
Long term debt to equity
4.244
Total debt to equity
4.852
Dividend payout ratio (TTM)
138.35%
Interest coverage (TTM)
2.20%
Profitability
EBITDA (TTM)
3,097
Gross margin (TTM)
76.55%
Net profit margin (TTM)
9.17%
Operating margin (TTM)
23.10%
Effective tax rate (TTM)
32.47%
Revenue per employee (TTM)
$510,000
Management effectiveness
Return on assets (TTM)
5.86%
Return on equity (TTM)
21.73%
Valuation
Price to earnings (TTM)
20.113
Price to revenue (TTM)
1.844
Price to book
5.46
Price to tangible book (TTM)
-2.11
Price to free cash flow (TTM)
10.982
Free cash flow yield (TTM)
9.11%
Free cash flow per share (TTM)
7.275
Dividend yield (TTM)
5.32%
Forward dividend yield
3.75%
Growth
Revenue change (TTM)
29.57%
Earnings per share change (TTM)
-28.66%
3-year revenue growth (CAGR)
9.44%
10-year revenue growth (CAGR)
3.26%
3-year earnings per share growth (CAGR)
383.84%
10-year earnings per share growth (CAGR)
1.67%
10-year dividend per share growth (CAGR)
1.29%
What the Analysts think about Millicom
Analyst ratings (Buy, Hold, Sell) for Millicom stock.
Analyst projections of the future price of Millicom stock.
Bulls say / Bears say
Millicom raised its 2026 equity free cash flow target to about $1.1 billion after strong first-half results and expects year-end leverage below 2.5 times. It also declared a further $1.50 per-share dividend, signalling confidence in cash generation. (Nasdaq)
Underlying growth is improving, not just expanding through acquisitions: Q2 service revenue rose 5.4% organically and adjusted EBITDA rose 9.1%. EBITDA outpaced organic revenue, pointing to operating leverage from pricing and efficiency measures. (The Motley Fool)
Management says the recent acquisitions are already adding to equity free cash flow within their first year, while early efficiency work in Colombia and Chile is improving cash generation. If those turnarounds continue, the enlarged business could deliver further gains beyond its existing markets. (Longbridge)
The balance sheet remains a meaningful constraint: net debt was $8.1 billion and leverage 2.73 times at June, while first-half net financial expenses were $516 million. These financing costs can absorb cash that might otherwise support investment or shareholder returns. (StockTitan)
Reported results are exposed to currency swings across Millicom’s markets. Currency appreciation boosted recent revenue, but Bolivia’s move from a fixed exchange rate to a more flexible regime has introduced greater volatility and macroeconomic risk. (StockTitan)
The surge in reported revenue has not translated into comparable owner earnings: first-half net profit attributable to shareholders fell to $218 million from $869 million. The comparison was affected by the absence of a large prior-year asset-sale gain, alongside higher depreciation and financial expenses. (StockTitan)
Data summarised monthly by Lightyear AI. Last updated on 9 Oct 2026.
Millicom Financial Performance
Revenues and expenses
Millicom Earnings Performance
Company profitability
Upcoming events
Millicom News
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Funds containing Millicom
AllEURUSD
Fund name | Fund size | $TIGO weighting |
|---|---|---|
Xtrackers MSCI Nordic£XDN0 | €1.1B | 0.50% |
iShares Edge MSCI Europe Momentum Factor£IEFM | €721M | 0.22% |
SPDR MSCI World Telecommunications€WTEL | $97M | 0.16% |
iShares MSCI Europe ESG Enhanced€EMNU | €4.9B | 0.13% |
iShares MSCI Europe ESG Enhanced£EEUD | €5B | 0.13% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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