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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

81.50 2.38 +3.01%
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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Millicom International Cellular SA (TIGO) trades at a price to free cash flow of 10.7×. Over the past ten years it has ranged from 0.0× (December 2020) to 688× (March 2021); the current reading is higher than 33% of that period. That is above the Telecom Services industry median of 8.1× and in line with the Communication Services sector median of 10.2×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 9.3× 92.63%
FY2024 4.8× (91.16%)
FY2023 54.4× 598.08%
FY2022 7.8× (80.41%)
FY2021 39.8× (93.95%)
FY2020 658× —
FY2019 0.0× —
FY2018 38.7× 25.37%
FY2017 30.8× (80.17%)
FY2016 155× 1,443.46%

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 12.3× 5.89%
Mar 2026 11.6× 25.89%
Dec 2025 9.3× 11.00%
Sep 2025 8.3× 33.17%
42 more quarters

Against its own ten years

Low 0.0× High 688×
Ten-year median 17.6×
Current reading's percentile 33

Price to free cash flow against peers

Company Price to free cash flow
TLK PT Telekomunikasi Indonesia, Tbk compare 2.9×
CHTR Charter Communications, Inc. compare 3.4×
TIMB TIM S.A. Sponsored ADR compare 5.0×
SKM SK Telecom Co., Ltd. compare 10.7×
TIGO Millicom International Cellular SA 10.7×
KT KT Corporation compare 11.1×
TELFY Telefonica SA compare 12.0×
VIV Telefonica Brasil S.A. compare 16.2×
GSAT Globalstar, Inc. compare 24.5×
Telecom Services industry median 8.1×
Communication Services sector median 10.2×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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