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

Millicom International Cellular SA (TIGO) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Millicom International Cellular SA (TIGO) trades at a P/S ratio of 1.8×. Over the past ten years it has ranged from 0.3× (September 2022) to 2.4× (June 2026); the current reading is higher than 94% of that period. That is above the Telecom Services industry median of 0.9× and above the Communication Services sector median of 0.9×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 1.6× 116.26%
FY2024 0.7× 34.86%
FY2023 0.5× 69.63%
FY2022 0.3× (62.41%)
FY2021 0.9× (9.25%)
FY2020 0.9× (15.92%)
FY2019 1.1× (30.82%)
FY2018 1.6× (2.28%)
FY2017 1.7× 56.90%
FY2016 1.1× 53.02%

Quarterly newest first

Period P/S ratio Change
Jun 2026 2.1× 7.83%
Mar 2026 1.9× 21.99%
Dec 2025 1.6× 10.01%
Sep 2025 1.5× 29.83%
42 more quarters

Against its own ten years

Low 0.3× High 2.4×
Ten-year median 0.9×
Current reading's percentile 93

P/S ratio against peers

Company P/S ratio
CHTR Charter Communications, Inc. compare 0.3×
KT KT Corporation compare 0.5×
TELFY Telefonica SA compare 0.5×
TLK PT Telekomunikasi Indonesia, Tbk compare 0.8×
SKM SK Telecom Co., Ltd. compare 0.9×
TIMB TIM S.A. Sponsored ADR compare 1.7×
TIGO Millicom International Cellular SA 1.8×
VIV Telefonica Brasil S.A. compare 3.1×
GSAT Globalstar, Inc. compare 39.1×
Telecom Services industry median 0.9×
Communication Services sector median 0.9×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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