Millicom International Cellular S.A. Common Stock (TIGO) Valuation
Historical valuation analysis based on 500 data points (2024-09-27 to 2026-09-25)
Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia, Nicaragua, Panama, El Salvador, Guatemala...
Millicom International Cellular S.A. Common Stock (TIGO) currently trades at a P/E ratio of 11.80 (historical range: 6.39–37.05, median: 17.96), placing it at the 30th percentile — below its historical average, P/S ratio of 2.67 (range: 0.69–3.01, 89th percentile — expensive relative to its history), EV/EBITDA of 17.73 (range: 8.83–19.03, 89th percentile).
Over the historical period (2024-09-27 to 2026-09-25), Millicom International Cellular S.A. Common Stock's P/E ratio has contracted by 30% over the observed period (from an average of 23.3 to 16.3).
Millicom International Cellular S.A. Common Stock trades above its historical valuation range, with most metrics above their median levels.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 11.80 | 6.39 | 17.96 | 37.05 | 30th | below its historical average |
| P/S Ratio | 2.67 | 0.69 | 1.37 | 3.01 | 89th | expensive relative to its history |
| EV/EBITDA | 17.73 | 8.83 | 12.28 | 19.03 | 89th | expensive relative to its history |
| FCF Yield | 9.44% | 8.38% | 14.02% | 27.21% | 11th | expensive relative to its history |
Millicom International Cellular S.A. Common Stock (TIGO) Valuation & P/E History
Millicom International Cellular S.A. Common Stock (TIGO) is a US-listed stock operating in the Other sector currently trading at $92.63 with a market capitalization of $15.5 billion. This page provides historical valuation analysis for TIGO based on 500 data points covering 2024-09-27 to 2026-09-25. The P/E ratio of 11.80 is below the historical median of 17.96, placing TIGO at the 30th percentile of its valuation range. The P/S ratio of 2.67 compares to a median of 1.37.
TIGO Valuation Metrics & Historical Range
The valuation table above shows Millicom International Cellular S.A. Common Stock's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether TIGO is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests TIGO is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Millicom International Cellular S.A. Common Stock.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is TIGO Overvalued or Undervalued?
Millicom International Cellular S.A. Common Stock trades above its historical valuation range, with most metrics above their median levels. The overall valuation percentile of 69 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive TIGO is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full TIGO analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.TIGO trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.