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. In the quarter to June 2026, revenue grew 59.4%, EPS fell 84.0%, free cash flow grew 66.1% and total debt rose 47.9%, each against the same quarter a year earlier. Revenue growth for five consecutive years.
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Millicom International Cellular SA (TIGO) EV/Sales
As of 9 October 2026, Millicom International Cellular SA (TIGO) trades at a EV/Sales of 2.9×. Over the past ten years it has ranged from 1.0× (February 2016) to 3.6× (June 2026); the current reading is higher than 95% of that period. That is above the Telecom Services industry median of 1.8× and above the Communication Services sector median of 1.4×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 2.5× | 55.57% |
| FY2024 | 1.6× | 1.65% |
| FY2023 | 1.6× | 18.39% |
| FY2022 | 1.3× | (44.69%) |
| FY2021 | 2.4× | 20.04% |
| FY2020 | 2.0× | (4.64%) |
| FY2019 | 2.1× | (6.67%) |
| FY2018 | 2.3× | 10.55% |
| FY2017 | 2.0× | 28.78% |
| FY2016 | 1.6× | 36.88% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 3.2× | 2.73% |
| Mar 2026 | 3.1× | 23.73% |
| Dec 2025 | 2.5× | 10.50% |
| Sep 2025 | 2.3× | 17.00% |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| KT KT Corporation compare | 0.7× |
| TLK PT Telekomunikasi Indonesia, Tbk compare | 0.9× |
| TELFY Telefonica SA compare | 1.3× |
| SKM SK Telecom Co., Ltd. compare | 1.5× |
| CHTR Charter Communications, Inc. compare | 2.0× |
| TIMB TIM S.A. Sponsored ADR compare | 2.0× |
| TIGO Millicom International Cellular SA | 2.9× |
| VIV Telefonica Brasil S.A. compare | 3.5× |
| GSAT Globalstar, Inc. compare | 38.4× |
| Telecom Services industry median | 1.8× |
| Communication Services sector median | 1.4× |
| Market median | 2.2× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((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)) ÷ Revenue (TTM)