TEO vs TIGO vs WSE Stock Comparison

Telecom Argentina, Millicom International Cellular and Wise Prices as of Oct 27, 2026 Peers: Industry group
TEO Telecom Argentina Sa
$11.55 -11.2% 1M +6.1% 1Y
Market cap
$4.78B
P/E
32.9x
Revenue (TTM)
$5.34B
Div. yield
–
Wireless Carriers Communication Services
4 wins
WSE Wise Group plc
$10.84 -6.1% 1M
Market cap
$11.11B
P/E
–
Revenue (TTM)
—
Div. yield
–
Money Transfer Financial Services

Head to Head

10 decided of 12

Millicom International Cellular leads on 6 of the 12 questions below (Millicom International Cellular 6, Telecom Argentina 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTEOTIGOWSELeader
Larger companyMarket capitalisation $4.78B $13.36B $11.11B TIGO
Cheaper on earningsLower P/E, profitable companies only 32.9x 20.1x — TIGO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 6.5x 21.0x 20.1x TEO
Faster revenue growthRevenue growth, trailing twelve months — +29.4% — –
More profitableNet margin, trailing twelve months 2.7% 9.2% — TIGO
Better return on capitalReturn on invested capital 6.0% 16.8% — TIGO
Less leveragedLower net debt / EBITDA 0.4x 2.0x — TEO
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +6.1% +61.4% — TIGO
Better 5-year returnAnnualised price return, 5 years +17.6%/yr +17.1%/yr — TEO
Less volatileAnnualised volatility, 1 year 48.5% 42.0% 43.7% TIGO
Higher overall scoreMean of the five percentile scores vs peers 57/100 54/100 — TEO

Percentile Scorecard

TEOTIGOWSE

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

AxisTEOTIGOWSE
Valuation 58 #21 of 49 46 #27 of 49 –
Growth – 71 #14 of 45 –
Profitability 80 #10 of 45 77 #11 of 45 –
Financial Health 56 #22 of 49 25 #37 of 49 –
Shareholder Returns 33 #25 of 37 53 #18 of 37 –
Overall 57 54 –
  • TEO ranked among 51 companies in Telecommunications
  • TIGO ranked among 51 companies in Telecommunications
  • WSE ranked among 1,003 companies in Financial Services

Price Performance

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

Returns

PeriodTEOTIGOWSESPY
1 month -11.2%-13.8%-6.1% -0.2%
3 months -15.1%-16.5%-8.6% +3.9%
6 months +3.2%-2.7%— +8.2%
Year to date -0.5%+44.0%— +12.9%
1 year +6.1%+61.4%— +12.3%
3 years +107.7%+420.7%— +87.4%
3 years, per year +27.6%+73.4%— +23.3%
5 years +125.1%+119.7%— +67.9%
5 years, per year +17.6%+17.1%— +10.9%

Risk

MeasureTEOTIGOWSESPY
Volatility, 1Y 48.5%42.0%43.7% 12.7%
Downside volatility, 1Y 43.7%44.5%47.9% 12.7%
Beta vs S&P 500, 1Y 1.230.300.58 1.00
Return / volatility, 1Y 0.121.46— 0.97
Max drawdown, 5Y -54.0%-71.3%-32.5% -25.4%
From 52-week high -27.7%-23.5%-29.6% -1.2%
52-week high $15.98$104.31$15.40 $779.14
52-week low $10.65$45.81$10.40 $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.

MultipleTEOTIGOWSE
P/E now vs peer median 34.2xmedian 11.8x 20.1xmedian 11.8x —median 13.0x
P/S now vs peer median 0.9xmedian 1.1x 1.9xmedian 1.1x —median 3.2x
EV/EBITDA now vs peer median 0.9xmedian 6.8x 5.9xmedian 6.8x —median 7.4x
P/FCF now vs peer median 0.6xmedian 5.9x 22.9xmedian 5.9x 1.8xmedian 10.8x
P/B now vs peer median 1.0xmedian 1.2x 5.4xmedian 1.2x —median 1.2x
PEG now vs peer median —median 0.24 0.06median 0.24 —median 0.87

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 monthsTEOTIGOWSE
Revenue $5.34B $7.24B –
Operating income $516.36M $1.74B –
Net income $148.22M $646.00M –
Free cash flow $8.97B $590.00M –
EPS (diluted) – $3.96 –
Cash & equivalents $323.15M $861.00M –
Total debt $15.71B $26.42B –
Shares (diluted) – 168.00M 1.03B
Enterprise value $2.59B $8.11B $11.11B

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
MetricTEOTIGOWSE
P/E 34.2x 20.1x –
P/FCF 0.6x 22.9x 1.8x
P/Operating cash flow 0.5x 22.9x –
P/S 0.9x 1.9x –
P/B 1.0x 5.4x –
P/Tangible book 1.7x -2.1x –
EV/EBITDA 0.9x 5.9x –
EV/EBIT 15.8x 11.7x –
EV/Revenue 1.5x 2.8x –
EV/FCF 0.9x 34.4x –
EV/Operating cash flow 0.9x 34.4x –
PEG (3Y EPS CAGR) – 0.06 –

Growth

14 metrics
MetricTEOTIGOWSE
Revenue growth (1Y) – 29.4% –
Revenue CAGR (3Y) – 9.4% –
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – 20.0% –
Operating income CAGR (3Y) – 28.3% –
Net income growth (1Y) – -35.3% –
Net income CAGR (3Y) – 121.4% –
EPS growth (1Y) – -28.2% –
EPS CAGR (3Y) – 351.7% –
Operating cash flow growth (1Y) – -52.2% –
Operating cash flow CAGR (3Y) – -1.5% –
Free cash flow growth (1Y) – -52.2% –
Free cash flow CAGR (3Y) – -1.5% –

Profitability

14 metrics
MetricTEOTIGOWSE
Gross margin – – –
EBITDA margin 163.0% 47.1% –
Operating margin 9.7% 24.0% –
Pretax margin 3.9% 13.3% –
Net margin 2.7% 9.2% –
FCF margin 167.8% 8.2% –
Operating cash flow margin 176.4% 8.2% –
Return on equity 3.3% 22.8% –
Return on assets 1.4% 3.1% –
Return on invested capital 6.0% 16.8% –
Return on capital employed 5.8% 11.2% –
Asset turnover 0.5x 0.3x –
Cash conversion (OCF / net income) 63.6x 0.9x –
Stock comp / revenue – 0.1% –

Financial Health

11 metrics
MetricTEOTIGOWSE
Debt / assets 32.7% 37.0% –
Debt / equity 0.8x 3.1x –
Net debt / EBITDA 0.4x 2.0x –
Debt / FCF 0.4x 13.0x –
Liabilities / assets 58.0% 87.9% –
Equity / assets 42.0% 12.1% –
Interest coverage 0.4x 1.9x –
Current ratio 0.5x 0.5x –
Quick ratio 0.5x 0.3x –
Cash ratio 0.2x 0.2x –
Altman Z-score – 1.07 –

Shareholder Returns

7 metrics
MetricTEOTIGOWSE
Dividend yield 2.3% 4.4% –
Net buyback yield – – –
Shareholder yield 2.3% 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.

ConsensusTEOTIGOWSE
Forward P/E 6.5xFY2026 21.0xFY2026 20.1xFY2026
EPS, next fiscal year $1.77FY2026 $3.80FY2026 $0.54FY2026
EPS growth, next FY – -51.5%FY2026 +12.5%FY2026
EPS growth, the year after -42.9% +65.5% +20.4%
Revenue, next fiscal year $6.70BFY2026 $9.17BFY2026 $2.84BFY2026
Revenue growth, next FY +13.0%FY2026 +57.6%FY2026 +13.8%FY2026
Revenue growth, the year after +11.9% -4.3% +21.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTEOTIGOWSE
Held by institutions 3.4% 46.2% –
Institutions holding 68 437 –
Change in shares held, QoQ +0.3% +7.3% –
Institutions buying 46 283 –
Institutions selling 14 127 –
Buyers to sellers 3.29 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.

TEOTIGOWSE
TEO 1.00 0.24 0.04
TIGO 0.24 1.00 0.07
WSE 0.04 0.07 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TEO, TIGO and WSE?

Millicom International Cellular (TIGO) is the largest by market capitalisation: Telecom Argentina (TEO) $4.78B, Millicom International Cellular (TIGO) $13.36B, Wise (WSE) $11.11B.

Which stock is cheaper, TEO, TIGO and WSE?

Millicom International Cellular (TIGO) trades on the lowest price-to-earnings ratio (Telecom Argentina (TEO) 32.9x, Millicom International Cellular (TIGO) 20.1x). On next year's consensus earnings, Telecom Argentina (TEO) is cheapest (Telecom Argentina (TEO) 6.5x, Millicom International Cellular (TIGO) 21.0x, Wise (WSE) 20.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is more profitable?

Millicom International Cellular (TIGO) has the highest net margin (Telecom Argentina (TEO) 2.7%, Millicom International Cellular (TIGO) 9.2%). On return on invested capital, Millicom International Cellular (TIGO) leads (Telecom Argentina (TEO) 6.0%, Millicom International Cellular (TIGO) 16.8%).

Which stock has performed better?

Over the past year Millicom International Cellular (TIGO) returned the most: Telecom Argentina (TEO) +6.1%, Millicom International Cellular (TIGO) +61.4%. Over five years, Telecom Argentina (TEO) compounded fastest (Telecom Argentina (TEO) +17.6%/yr, Millicom International Cellular (TIGO) +17.1%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Millicom International Cellular (TIGO) has been the steadiest (Telecom Argentina (TEO) 48.5%, Millicom International Cellular (TIGO) 42.0%, Wise (WSE) 43.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TEO, TIGO and WSE?

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 6. 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.