ACIW vs CPAY vs TIGO Stock Comparison

Aci Worldwide, Corpay and Millicom International Cellular Prices as of Oct 29, 2026 Peers: Industry group
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ACIW Aci Worldwide, Inc.
$55.70 +14.6% 1M +17.7% 1Y
Market cap
$5.93B
P/E
26.3x
Revenue (TTM)
$1.82B
Div. yield
–
Payment Processing Technology
3 wins
CPAY Corpay, Inc.
$397.81 +1.3% 1M +48.4% 1Y
Market cap
$26.80B
P/E
23.5x
Revenue (TTM)
$5.02B
Div. yield
–
Payment Processing Technology
3 wins

Head to Head

11 decided of 12

Millicom International Cellular leads on 5 of the 12 questions below (Millicom International Cellular 5, Corpay 3, Aci Worldwide 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionACIWCPAYTIGOLeader
Larger companyMarket capitalisation $5.93B $26.80B $13.02B CPAY
Cheaper on earningsLower P/E, profitable companies only 26.3x 23.5x 19.6x TIGO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 20.1x 15.2x 21.0x CPAY
Faster revenue growthRevenue growth, trailing twelve months +7.0% +20.4% +29.4% TIGO
More profitableNet margin, trailing twelve months 12.4% 22.7% 9.2% CPAY
Better return on capitalReturn on invested capital 10.8% 10.7% 16.8% TIGO
Less leveragedLower net debt / EBITDA 1.9x 2.8x 2.0x ACIW
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +17.7% +48.4% +71.6% TIGO
Better 5-year returnAnnualised price return, 5 years +12.7%/yr +10.0%/yr +18.0%/yr TIGO
Less volatileAnnualised volatility, 1 year 34.6% 35.9% 41.5% ACIW
Higher overall scoreMean of the five percentile scores vs peers 66/100 61/100 53/100 ACIW

Percentile Scorecard

ACIWCPAYTIGO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisACIWCPAYTIGO
Valuation 75 #26 of 99 57 #43 of 99 46 #27 of 49
Growth 69 #30 of 94 58 #40 of 94 68 #15 of 45
Profitability 78 #21 of 90 90 #10 of 90 77 #11 of 45
Financial Health 60 #43 of 105 22 #82 of 105 25 #37 of 49
Shareholder Returns 49 #31 of 60 80 #13 of 60 50 #19 of 37
Overall 66 61 53
  • ACIW ranked among 109 companies in Fintech
  • CPAY ranked among 109 companies in Fintech
  • TIGO ranked among 51 companies in Telecommunications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodACIWCPAYTIGOSPY
1 month +14.6%+1.3%-12.9% +0.7%
3 months -3.4%+2.0%-16.0% +3.7%
6 months +28.9%+29.8%-5.9% +7.1%
Year to date +16.5%+32.2%+44.1% +12.8%
1 year +17.7%+48.4%+71.6% +11.9%
3 years +179.6%+78.7%+414.8% +85.2%
3 years, per year +40.9%+21.4%+72.7% +22.8%
5 years +81.6%+60.8%+128.5% +67.6%
5 years, per year +12.7%+10.0%+18.0% +10.9%
10 years +201.1%+128.7%— +262.0%
10 years, per year +11.7%+8.6%— +13.7%

Risk

MeasureACIWCPAYTIGOSPY
Volatility, 1Y 34.6%35.9%41.5% 12.7%
Downside volatility, 1Y 36.1%32.8%43.7% 12.6%
Beta vs S&P 500, 1Y 0.350.810.30 1.00
Return / volatility, 1Y 0.511.351.73 0.94
Max drawdown, 5Y -44.2%-37.3%-71.3% -25.4%
From 52-week high -7.4%-6.4%-23.4% -1.2%
52-week high $60.18$425.23$104.31 $779.14
52-week low $38.47$255.00$45.81 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleACIWCPAYTIGO
P/E now vs peer median 25.1xmedian 19.5x 22.9xmedian 19.5x 20.1xmedian 11.5x
P/S now vs peer median 3.1xmedian 2.2x 5.2xmedian 2.2x 1.9xmedian 1.1x
EV/EBITDA now vs peer median 17.8xmedian 17.8x 12.6xmedian 17.8x 6.0xmedian 6.8x
P/FCF now vs peer median 18.1xmedian 16.1x 15.9xmedian 16.1x 22.9xmedian 5.9x
P/B now vs peer median 3.8xmedian 2.0x 7.3xmedian 2.0x 5.4xmedian 1.3x
PEG now vs peer median 0.52median 0.98 1.97median 0.98 0.06median 0.25

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsACIWCPAYTIGO
Revenue $1.82B $5.02B $7.24B
Gross profit $893.35M – –
Operating income $338.68M $2.20B $1.74B
Net income $225.69M $1.15B $646.00M
Free cash flow $311.41M $1.64B $590.00M
R&D $179.52M – –
EPS (diluted) $2.22 $17.20 $3.96
Cash & equivalents $167.40M $3.16B $861.00M
Total debt $822.18M $39.11B $26.42B
Shares (diluted) 101.68M 66.33M 168.00M
Enterprise value $5.21B $16.69B $7.76B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricACIWCPAYTIGO
P/E 25.1x 22.9x 20.1x
P/FCF 18.1x 15.9x 22.9x
P/Operating cash flow 17.1x 14.1x 22.9x
P/S 3.1x 5.2x 1.9x
P/B 3.8x 7.3x 5.4x
P/Tangible book 3.8x 39.1x -2.1x
EV/EBITDA 17.8x 12.6x 6.0x
EV/EBIT 18.6x 15.3x 11.7x
EV/Revenue 3.5x 6.7x 2.8x
EV/FCF 20.2x 20.5x 34.4x
EV/Operating cash flow 19.1x 18.2x 34.4x
PEG (3Y EPS CAGR) 0.52 1.97 0.06

Growth

14 metrics
MetricACIWCPAYTIGO
Revenue growth (1Y) 7.0% 20.4% 29.4%
Revenue CAGR (3Y) 9.9% 11.5% 9.4%
Gross profit growth (1Y) 4.5% – –
Gross profit CAGR (3Y) 10.6% – –
Operating income growth (1Y) 0.1% 17.9% 20.0%
Operating income CAGR (3Y) 34.9% 12.4% 28.3%
Net income growth (1Y) -10.1% 9.4% -35.3%
Net income CAGR (3Y) 44.8% 7.4% 121.4%
EPS growth (1Y) -7.1% 17.0% -28.2%
EPS CAGR (3Y) 48.0% 11.6% 351.7%
Operating cash flow growth (1Y) 6.9% -12.7% -52.2%
Operating cash flow CAGR (3Y) 35.3% 0.6% -1.5%
Free cash flow growth (1Y) 6.0% -15.0% -52.2%
Free cash flow CAGR (3Y) 37.8% -0.2% -1.5%

Profitability

14 metrics
MetricACIWCPAYTIGO
Gross margin 49.1% – –
EBITDA margin 19.4% 53.0% 47.1%
Operating margin 18.6% 43.7% 24.0%
Pretax margin 16.8% 33.3% 13.3%
Net margin 12.4% 22.7% 9.2%
FCF margin 17.1% 32.6% 8.2%
Operating cash flow margin 18.1% 36.8% 8.2%
Return on equity 15.1% 32.2% 22.8%
Return on assets 7.3% 4.2% 3.1%
Return on invested capital 10.8% 10.7% 16.8%
Return on capital employed 14.3% 20.9% 11.2%
Asset turnover 0.6x 0.2x 0.3x
Cash conversion (OCF / net income) 1.5x 1.6x 0.9x
Stock comp / revenue 4.3% 2.3% 0.1%

Financial Health

11 metrics
MetricACIWCPAYTIGO
Debt / assets 26.6% 37.6% 37.0%
Debt / equity 0.5x 3.0x 3.1x
Net debt / EBITDA 1.9x 2.8x 2.0x
Debt / FCF 2.6x 6.5x 13.0x
Liabilities / assets 51.6% 87.3% 87.9%
Equity / assets 48.4% 12.7% 12.1%
Interest coverage 6.4x 5.0x 1.9x
Current ratio 1.6x 1.0x 0.5x
Quick ratio 2.0x 0.5x 0.3x
Cash ratio 0.2x 0.2x 0.2x
Altman Z-score 4.09 1.59 1.07

Shareholder Returns

7 metrics
MetricACIWCPAYTIGO
Dividend yield – – 4.4%
Net buyback yield 2.9% 6.5% –
Shareholder yield 2.9% 6.5% 4.4%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusACIWCPAYTIGO
Forward P/E 20.1xFY2026 15.2xFY2026 21.0xFY2026
EPS, next fiscal year $2.77FY2026 $26.14FY2026 $3.80FY2026
EPS growth, next FY +28.2%FY2026 +22.3%FY2026 -51.5%FY2026
EPS growth, the year after +12.6% +17.2% +65.5%
Revenue, next fiscal year $1.81BFY2026 $5.64BFY2026 $9.17BFY2026
Revenue growth, next FY +3.0%FY2026 +25.3%FY2026 +57.6%FY2026
Revenue growth, the year after +20.2% +8.1% -4.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersACIWCPAYTIGO
Held by institutions 100.0% 97.9% 46.3%
Institutions holding 379 733 438
Change in shares held, QoQ +3.5% +0.8% +7.3%
Institutions buying 198 390 284
Institutions selling 131 240 127
Buyers to sellers 1.51 1.63 2.24

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ACIWCPAYTIGO
ACIW 1.00 0.38 -0.11
CPAY 0.38 1.00 0.08
TIGO -0.11 0.08 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ACIW, CPAY and TIGO?

Corpay (CPAY) is the largest by market capitalisation: Aci Worldwide (ACIW) $5.93B, Corpay (CPAY) $26.80B, Millicom International Cellular (TIGO) $13.02B.

Which stock is cheaper, ACIW, CPAY and TIGO?

Millicom International Cellular (TIGO) trades on the lowest price-to-earnings ratio (Aci Worldwide (ACIW) 26.3x, Corpay (CPAY) 23.5x, Millicom International Cellular (TIGO) 19.6x). On next year's consensus earnings, Corpay (CPAY) is cheapest (Aci Worldwide (ACIW) 20.1x, Corpay (CPAY) 15.2x, Millicom International Cellular (TIGO) 21.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Millicom International Cellular (TIGO) grew revenue fastest over the trailing twelve months: Aci Worldwide (ACIW) +7.0%, Corpay (CPAY) +20.4%, Millicom International Cellular (TIGO) +29.4%.

Which company is more profitable?

Corpay (CPAY) has the highest net margin (Aci Worldwide (ACIW) 12.4%, Corpay (CPAY) 22.7%, Millicom International Cellular (TIGO) 9.2%). On return on invested capital, Millicom International Cellular (TIGO) leads (Aci Worldwide (ACIW) 10.8%, Corpay (CPAY) 10.7%, Millicom International Cellular (TIGO) 16.8%).

Which stock has performed better?

Over the past year Millicom International Cellular (TIGO) returned the most: Aci Worldwide (ACIW) +17.7%, Corpay (CPAY) +48.4%, Millicom International Cellular (TIGO) +71.6%. Over five years, Millicom International Cellular (TIGO) compounded fastest (Aci Worldwide (ACIW) +12.7%/yr, Corpay (CPAY) +10.0%/yr, Millicom International Cellular (TIGO) +18.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Aci Worldwide (ACIW) has been the steadiest (Aci Worldwide (ACIW) 34.6%, Corpay (CPAY) 35.9%, Millicom International Cellular (TIGO) 41.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ACIW, CPAY and TIGO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Millicom International Cellular (TIGO) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.