KYIV vs TIGO Stock Comparison

Kyivstar and Millicom International Cellular Prices as of Oct 26, 2026 Peers: Industry group
KYIV Kyivstar Group Ltd.
$13.13 +0.6% 1M -1.5% 1Y
Market cap
$2.85B
P/E
17.5x
Revenue (TTM)
$662.00M
Div. yield
–
Wireless Carriers Communication Services
5 wins

Head to Head

10 decided of 12

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

QuestionKYIVTIGOLeader
Larger companyMarket capitalisation $2.85B $13.30B TIGO
Cheaper on earningsLower P/E, profitable companies only 17.5x 20.0x KYIV
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.6x 20.6x KYIV
Faster revenue growthRevenue growth, trailing twelve months -36.2% +29.4% TIGO
More profitableNet margin, trailing twelve months 24.6% 9.2% KYIV
Better return on capitalReturn on invested capital 14.1% 16.8% TIGO
Less leveragedLower net debt / EBITDA -0.5x 2.0x KYIV
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -1.5% +65.3% TIGO
Better 5-year returnAnnualised price return, 5 years — +16.7%/yr –
Less volatileAnnualised volatility, 1 year 49.5% 42.0% TIGO
Higher overall scoreMean of the five percentile scores vs peers 60/100 54/100 KYIV

Percentile Scorecard

KYIVTIGO

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

AxisKYIVTIGO
Valuation 35 #32 of 49 46 #27 of 49
Growth 16 #38 of 45 71 #14 of 45
Profitability 100 #1 of 45 77 #11 of 45
Financial Health 90 #6 of 49 25 #37 of 49
Shareholder Returns – 53 #18 of 37
Overall 60 54
  • KYIV ranked among 51 companies in Telecommunications
  • TIGO ranked among 51 companies in Telecommunications

Price Performance

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

Returns

PeriodKYIVTIGOSPY
1 month +0.6%-15.4% -0.8%
3 months -3.8%-17.9% +3.5%
6 months +13.9%-5.4% +7.0%
Year to date +1.2%+41.3% +12.2%
1 year -1.5%+65.3% +13.0%
3 years —+411.0% +86.3%
3 years, per year —+72.3% +23.1%
5 years —+116.1% +68.6%
5 years, per year —+16.7% +11.0%

Risk

MeasureKYIVTIGOSPY
Volatility, 1Y 49.5%42.0% 12.7%
Downside volatility, 1Y 49.6%44.5% 12.7%
Beta vs S&P 500, 1Y 1.710.30 1.00
Return / volatility, 1Y -0.031.56 1.02
Max drawdown, 5Y -38.5%-71.3% -25.4%
From 52-week high -18.8%-24.9% -1.8%
52-week high $16.17$104.31 $779.14
52-week low $9.33$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.

MultipleKYIVTIGO
P/E now vs peer median 17.4xmedian 11.8x 19.7xmedian 11.8x
P/S now vs peer median 4.6xmedian 1.1x 1.8xmedian 1.1x
EV/EBITDA now vs peer median 7.9xmedian 6.8x 5.9xmedian 6.8x
P/FCF now vs peer median 0.5xmedian 5.7x 22.4xmedian 5.7x
P/B now vs peer median 2.2xmedian 1.3x 5.3xmedian 1.3x
PEG now vs peer median —median 0.24 0.06median 0.24

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 monthsKYIVTIGO
Revenue $662.00M $7.24B
Gross profit $7.07B –
Operating income $238.00M $1.74B
Net income $163.00M $646.00M
Free cash flow $6.23B $590.00M
EPS (diluted) $0.75 $3.96
Cash & equivalents $364.00M $861.00M
Total debt $1.44B $26.42B
Shares (diluted) 216.12M 168.00M
Enterprise value $709.75M $8.04B

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
MetricKYIVTIGO
P/E 17.4x 19.7x
P/FCF 0.5x 22.4x
P/Operating cash flow 0.5x 22.4x
P/S 4.6x 1.8x
P/B 2.2x 5.3x
P/Tangible book 3.2x -2.1x
EV/EBITDA 7.9x 5.9x
EV/EBIT 12.0x 11.5x
EV/Revenue 4.3x 2.8x
EV/FCF 0.5x 33.9x
EV/Operating cash flow 0.5x 33.9x
PEG (3Y EPS CAGR) – 0.06

Growth

14 metrics
MetricKYIVTIGO
Revenue growth (1Y) -36.2% 29.4%
Revenue CAGR (3Y) – 9.4%
Gross profit growth (1Y) -33.0% –
Gross profit CAGR (3Y) – –
Operating income growth (1Y) -41.2% 20.0%
Operating income CAGR (3Y) – 28.3%
Net income growth (1Y) -45.8% -35.3%
Net income CAGR (3Y) – 121.4%
EPS growth (1Y) -48.1% -28.2%
EPS CAGR (3Y) – 351.7%
Operating cash flow growth (1Y) 12.7% -52.2%
Operating cash flow CAGR (3Y) – -1.5%
Free cash flow growth (1Y) 20.5% -52.2%
Free cash flow CAGR (3Y) – -1.5%

Profitability

14 metrics
MetricKYIVTIGO
Gross margin 1,068% –
EBITDA margin 55.0% 47.1%
Operating margin 36.0% 24.0%
Pretax margin 30.8% 13.3%
Net margin 24.6% 9.2%
FCF margin 941.5% 8.2%
Operating cash flow margin 931.7% 8.2%
Return on equity 12.0% 22.8%
Return on assets 7.3% 3.1%
Return on invested capital 14.1% 16.8%
Return on capital employed 13.6% 11.2%
Asset turnover 0.3x 0.3x
Cash conversion (OCF / net income) 37.8x 0.9x
Stock comp / revenue – 0.1%

Financial Health

11 metrics
MetricKYIVTIGO
Debt / assets 15.7% 37.0%
Debt / equity 0.3x 3.1x
Net debt / EBITDA -0.5x 2.0x
Debt / FCF 0.1x 13.0x
Liabilities / assets 38.8% 87.9%
Equity / assets 61.2% 12.1%
Interest coverage 3.1x 1.9x
Current ratio 1.3x 0.5x
Quick ratio 1.2x 0.3x
Cash ratio 1.1x 0.2x
Altman Z-score – 1.06

Shareholder Returns

7 metrics
MetricKYIVTIGO
Dividend yield – 4.5%
Net buyback yield – –
Shareholder yield – 4.5%
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.

ConsensusKYIVTIGO
Forward P/E 9.6xFY2026 20.6xFY2026
EPS, next fiscal year $1.37FY2026 $3.80FY2026
EPS growth, next FY +140.4%FY2026 -51.5%FY2026
EPS growth, the year after +22.6% +65.5%
Revenue, next fiscal year $1.29BFY2026 $9.17BFY2026
Revenue growth, next FY +11.0%FY2026 +57.6%FY2026
Revenue growth, the year after +8.9% -4.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersKYIVTIGO
Held by institutions 12.7% 46.2%
Institutions holding 74 437
Change in shares held, QoQ +5.3% +7.3%
Institutions buying 46 283
Institutions selling 18 127
Buyers to sellers 2.56 2.23

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.

KYIVTIGO
KYIV 1.00 0.16
TIGO 0.16 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, KYIV and TIGO?

Millicom International Cellular (TIGO) is the largest by market capitalisation: Kyivstar (KYIV) $2.85B, Millicom International Cellular (TIGO) $13.30B.

Which stock is cheaper, KYIV and TIGO?

Kyivstar (KYIV) trades on the lowest price-to-earnings ratio (Kyivstar (KYIV) 17.5x, Millicom International Cellular (TIGO) 20.0x). On next year's consensus earnings, Kyivstar (KYIV) is cheapest (Kyivstar (KYIV) 9.6x, Millicom International Cellular (TIGO) 20.6x). 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: Kyivstar (KYIV) -36.2%, Millicom International Cellular (TIGO) +29.4%.

Which company is more profitable?

Kyivstar (KYIV) has the highest net margin (Kyivstar (KYIV) 24.6%, Millicom International Cellular (TIGO) 9.2%). On return on invested capital, Millicom International Cellular (TIGO) leads (Kyivstar (KYIV) 14.1%, Millicom International Cellular (TIGO) 16.8%).

Which stock has performed better?

Over the past year Millicom International Cellular (TIGO) returned the most: Kyivstar (KYIV) -1.5%, Millicom International Cellular (TIGO) +65.3%. Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Millicom International Cellular (TIGO) has been the steadiest (Kyivstar (KYIV) 49.5%, Millicom International Cellular (TIGO) 42.0%). Volatility measures how widely the price swings, not the risk of the business.

Do KYIV and TIGO move together?

Their daily returns over the past year have a correlation of 0.16, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, KYIV 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.