Nama Insights

Millicom International Cellular (TIGO)

Communication Services · Telecom Services · NASDAQ

Millicom International Cellular (TIGO) is a Communication Services company in the Telecom Services industry. It has a market capitalization of $13.96B, a trailing price-to-earnings ratio of 25.3 and a free-cash-flow yield of 6.6%. Over the most recent reported fiscal year, revenue grew 0.3% and free cash flow per share grew 13.3%. Nama's AI scorecard rates it Hold, 5.0 out of 10. On 12-month momentum it ranks in the leading band of its market.
AI scorecard
Hold · 5.0/10
The sections balance. As of Nov 7, 2026.
Momentum
Leading · +90.1% over 12 months ex. last
Top 20% of its market on the past year's steady rise.
Shariah screen
Not Shariah Compliant
At least one of the three ratios or the industry test failed.
Off its high
-22.3%
How far the last close sits under the highest price of the past five years.
Market cap$13.96B
Trailing P/E25.3
Price / book5.7
Price / sales1.9
FCF yield6.6%
Dividend yield3.6%
Gross margin76.5%
Operating margin22.9%
Net margin9.2%
Revenue growth (YoY)+0.3%
Revenue growth (3-yr annual)+1.1%
EPS growth (YoY)+204.5%
FCF/share growth (YoY)+13.3%
Beta0.9
ExchangeNASDAQ
SectorCommunication Services
IndustryTelecom Services

TIGO earnings

Next report: Feb 26, 2027 (Q4 2026, EPS estimate $0.52). Beat the EPS estimate in 2 of 4 recent quarters.

QuarterReportedEPSEstimateSurpriseRevenue
Q3 2026 Nov 5, 2026 $0.55 $0.83 -33.7% $2.28B
Q2 2026 Aug 5, 2026 $0.65 $0.59 +10.2% $2.18B
Q1 2026 May 11, 2026 $0.58 $0.85 -31.8% $1.99B
Q4 2025 Feb 25, 2026 $1.51 $0.74 +104.0% $1.65B

TIGO analyst price target

Median target $94.50 from 8 analysts, ranging $60.10 – $132.00.

Telecom Services peers

TickerCompanyMarket capP/E
VZ Verizon Communications $189.37B 9.2
TMUS T-Mobile US $171.61B 14.9
T AT&T $145.71B 9.1
CMCSA Comcast $86.61B 6.5
AMX América Móvil, S.A.B. de C.V. $76.79B 14.7
CHT Chunghwa Telecom $38.67B —
VOD Vodafone Group Public $36.10B 3.6
ECHO EchoStar $27.53B 13.5
Explore live TIGO data on Nama Insights →

TIGO FAQ

Is TIGO a buy?
Nama's AI scorecard currently rates Millicom International Cellular Hold (5.0 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is TIGO's P/E ratio?
Millicom International Cellular trades at a trailing price-to-earnings ratio of 25.3.
When does TIGO report earnings?
Millicom International Cellular's next scheduled report is on Feb 26, 2027. Analysts expect EPS of $0.52.
What is the TIGO price target?
The median analyst price target from 8 analysts is $94.50, with a range of $60.10 – $132.00.
Is TIGO Shariah compliant?
Nama's AAOIFI-style screen reads Millicom International Cellular as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does TIGO pay a dividend?
Yes — Millicom International Cellular's dividend yield is 3.6%.