Pricing Log in Create free account
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

79.09 2.00 +2.59%
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/FCF

Alert me on EV/FCF

As of 5 November 2026, Millicom International Cellular SA (TIGO) trades at a EV/FCF of 17.1×. Over the past ten years it has ranged from −165× (October 2019) to 1,431× (March 2021); the current reading is higher than 24% of that period.

EV/FCF, daily

Embed this chart

Annual newest first

Period EV/FCF Change
FY2025 14.5× 38.57%
FY2024 10.5× (93.34%)
FY2023 157× 387.14%
FY2022 32.3× (71.17%)
FY2021 112× (92.00%)
FY2020 1,400× —
FY2019 −112× —
FY2018 62.1× 39.39%
FY2017 44.6× (83.28%)
FY2016 267× 1,478.69%

Quarterly newest first

Period EV/FCF Change
Jun 2026 18.7× 0.88%
Mar 2026 18.5× 27.69%
Dec 2025 14.5× 11.50%
Sep 2025 13.0× 20.01%
42 more quarters

Against its own ten years

Low −165× High 1,431×
Ten-year median 35.8×
Current reading's percentile 16

EV/FCF against peers

Company EV/FCF
TLK PT Telekomunikasi Indonesia, Tbk compare 3.1×
TIMB TIM S.A. Sponsored ADR compare 6.2×
SKM SK Telecom Co., Ltd. compare 15.1×
TIGO Millicom International Cellular SA 17.1×
VIV Telefonica Brasil S.A. compare 17.2×
KT KT Corporation compare 18.3×
GSAT Globalstar, Inc. compare 24.5×
CHTR Charter Communications, Inc. compare 25.3×
TELFY Telefonica SA compare 29.2×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

More on TIGO