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Friday 6 November 2026 Export TIGO’s income statement to Excel — free account

Millicom International Cellular SA

TIGO Communication Services Telecom Services

Millicom International Cellular SA’s revenue for fiscal 2025 (year ended December 2025) was $5.8 billion, roughly unchanged from fiscal 2024.

Revenue
+59.4%
EPS
−84.0%
Free cash flow
+66.1%
Total debt
+47.9%

Quarter to June 2026, against a year earlier

82.31 3.19 +4.03%
Market cap
$13.3B
P/E
19.9×
Fwd P/E
23.4×
Dividend yield
2.84%
F-score
7/9
Altman Z
1.18
Beneish M
−2.15
Dividend safety
42/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Millicom International Cellular SA (TIGO) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Millicom International Cellular SA (TIGO) trades at a EV/EBITDA of 6.2×. Over the past ten years it has ranged from 2.9× (February 2016) to 7.6× (January 2018); the current reading is higher than 80% of that period. That is below the Telecom Services industry median of 7.1× and below the Communication Services sector median of 8.8×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 5.0× 37.59%
FY2024 3.6× (12.49%)
FY2023 4.1× 25.51%
FY2022 3.3× (41.83%)
FY2021 5.7× 11.75%
FY2020 5.1× (6.44%)
FY2019 5.4× (22.59%)
FY2018 7.0× (0.98%)
FY2017 7.1× 34.11%
FY2016 5.3× 51.67%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 6.8× 4.51%
Mar 2026 6.5× 29.61%
Dec 2025 5.0× 8.23%
Sep 2025 4.6× 12.26%
42 more quarters

Against its own ten years

Low 2.9× High 7.6×
Ten-year median 4.7×
Current reading's percentile 80

EV/EBITDA against peers

Company EV/EBITDA
KT KT Corporation compare 3.6×
TLK PT Telekomunikasi Indonesia, Tbk compare 3.7×
TIMB TIM S.A. Sponsored ADR compare 4.1×
CHTR Charter Communications, Inc. compare 5.1×
TIGO Millicom International Cellular SA 6.2×
VIV Telefonica Brasil S.A. compare 7.8×
SKM SK Telecom Co., Ltd. compare 18.3×
TELFY Telefonica SA compare 35.1×
GSAT Globalstar, Inc. compare 131×
Telecom Services industry median 7.1×
Communication Services sector median 8.8×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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