TV vs CHT vs TIGO Stock Comparison

Grupo Televisa, S.A.B, Chunghwa Telecom and Millicom International Cellular Prices as of Oct 29, 2026 Peers: Industry group
TV Grupo Televisa, S.A.B.
$2.14 -8.9% 1M -22.2% 1Y
Market cap
$129.78B
P/E
–
Revenue (TTM)
$3.23B
Div. yield
–
Broadband and Cable Communication Services
2 wins
CHT Chunghwa Telecom Co Ltd
$48.53 +6.5% 1M +13.4% 1Y
Market cap
$37.97B
P/E
28.4x
Revenue (TTM)
$7.90B
Div. yield
–
Wireless Carriers Communication Services
2 wins

Head to Head

11 decided of 12

Millicom International Cellular leads on 7 of the 12 questions below (Millicom International Cellular 7, Grupo Televisa, S.A.B 2, Chunghwa Telecom 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTVCHTTIGOLeader
Larger companyMarket capitalisation $129.78B $37.97B $13.29B TV
Cheaper on earningsLower P/E, profitable companies only -263.1x 28.4x 20.0x TIGO
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.9x 28.4x 21.0x TV
Faster revenue growthRevenue growth, trailing twelve months +5.5% +8.3% +29.4% TIGO
More profitableNet margin, trailing twelve months -15.3% 17.0% 9.2% CHT
Better return on capitalReturn on invested capital 2.9% 10.7% 16.8% TIGO
Less leveragedLower net debt / EBITDA 64.6x — 2.0x TIGO
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -22.2% +13.4% +71.6% TIGO
Better 5-year returnAnnualised price return, 5 years -26.7%/yr +4.2%/yr +18.0%/yr TIGO
Less volatileAnnualised volatility, 1 year 38.3% 13.8% 41.5% CHT
Higher overall scoreMean of the five percentile scores vs peers 33/100 53/100 53/100 TIGO

Percentile Scorecard

TVCHTTIGO

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

AxisTVCHTTIGO
Valuation 4 #47 of 49 23 #38 of 49 46 #27 of 49
Growth 21 #36 of 45 50 #23 of 45 68 #15 of 45
Profitability 34 #30 of 45 55 #21 of 45 77 #11 of 45
Financial Health 75 #13 of 49 94 #4 of 49 25 #37 of 49
Shareholder Returns – 42 #22 of 37 50 #19 of 37
Overall 33 53 53
  • TV ranked among 51 companies in Telecommunications
  • CHT 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

PeriodTVCHTTIGOSPY
1 month -8.9%+6.5%-12.9% +0.7%
3 months -25.4%+13.7%-16.0% +3.7%
6 months -24.9%+12.0%-5.9% +7.1%
Year to date -26.5%+16.4%+44.1% +12.8%
1 year -22.2%+13.4%+71.6% +11.9%
3 years -1.8%+35.2%+414.8% +85.2%
3 years, per year -0.6%+10.6%+72.7% +22.8%
5 years -78.9%+22.9%+128.5% +67.6%
5 years, per year -26.7%+4.2%+18.0% +10.9%
10 years -91.3%+40.5%— +262.0%
10 years, per year -21.7%+3.5%— +13.7%

Risk

MeasureTVCHTTIGOSPY
Volatility, 1Y 38.3%13.8%41.5% 12.7%
Downside volatility, 1Y 40.0%14.7%43.7% 12.6%
Beta vs S&P 500, 1Y 0.660.100.30 1.00
Return / volatility, 1Y -0.580.971.73 0.94
Max drawdown, 5Y -86.3%-26.5%-71.3% -25.4%
From 52-week high -37.8%-0.4%-23.4% -1.2%
52-week high $3.44$48.73$104.31 $779.14
52-week low $2.14$40.74$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.

MultipleTVCHTTIGO
P/E now vs peer median -272.0xmedian 11.5x 28.1xmedian 11.5x 20.1xmedian 11.5x
P/S now vs peer median 41.3xmedian 1.1x 4.8xmedian 1.1x 1.9xmedian 1.1x
EV/EBITDA now vs peer median 3,804xmedian 6.8x —median 6.8x 6.0xmedian 6.8x
P/FCF now vs peer median —median 5.9x 60.2xmedian 5.9x 22.9xmedian 5.9x
P/B now vs peer median 20.8xmedian 1.3x 3.3xmedian 1.3x 5.4xmedian 1.3x
PEG now vs peer median 8.84median 0.25 2.09median 0.25 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 monthsTVCHTTIGO
Revenue $3.23B $7.90B $7.24B
Gross profit $1.78B $2.88B –
Operating income $307.39M $1.61B $1.74B
Net income -$116.03M $1.34B $646.00M
Free cash flow – $625.04M $590.00M
R&D – $144.76M –
EPS (diluted) $-0.01 $1.72 $3.96
Cash & equivalents $1.70B $1.32B $861.00M
Total debt $14.34B $620.49M $26.42B
Shares (diluted) 68.12B 777.60M 168.00M
Enterprise value $121.51B $29.99B $8.03B

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
MetricTVCHTTIGO
P/E -272.0x 28.1x 20.1x
P/FCF – 60.2x 22.9x
P/Operating cash flow – – 22.9x
P/S 41.3x 4.8x 1.9x
P/B 20.8x 3.3x 5.4x
P/Tangible book 26.7x 3.3x -2.1x
EV/EBITDA 3,804x – 6.0x
EV/EBIT 440.7x 22.0x 11.7x
EV/Revenue 42.0x 4.5x 2.8x
EV/FCF – 56.4x 34.4x
EV/Operating cash flow – – 34.4x
PEG (3Y EPS CAGR) 8.84 2.09 0.06

Growth

14 metrics
MetricTVCHTTIGO
Revenue growth (1Y) 5.5% 8.3% 29.4%
Revenue CAGR (3Y) -11.8% 3.2% 9.4%
Gross profit growth (1Y) -37.1% 7.9% –
Gross profit CAGR (3Y) -18.9% 2.8% –
Operating income growth (1Y) 255.7% 6.9% 20.0%
Operating income CAGR (3Y) 5.3% 1.1% 28.3%
Net income growth (1Y) 68.3% 8.2% -35.3%
Net income CAGR (3Y) -27.1% -0.8% 121.4%
EPS growth (1Y) -18.4% 52.6% -28.2%
EPS CAGR (3Y) -30.8% 13.5% 351.7%
Operating cash flow growth (1Y) – – -52.2%
Operating cash flow CAGR (3Y) – – -1.5%
Free cash flow growth (1Y) – -11.2% -52.2%
Free cash flow CAGR (3Y) – 2.4% -1.5%

Profitability

14 metrics
MetricTVCHTTIGO
Gross margin 55.2% 36.5% –
EBITDA margin 1.1% – 47.1%
Operating margin 9.5% 20.3% 24.0%
Pretax margin 8.3% 21.0% 13.3%
Net margin -15.3% 17.0% 9.2%
FCF margin – 7.9% 8.2%
Operating cash flow margin – – 8.2%
Return on equity -1.9% 11.3% 22.8%
Return on assets -0.9% 1.9% 3.1%
Return on invested capital 2.9% 10.7% 16.8%
Return on capital employed 2.7% 2.4% 11.2%
Asset turnover 0.2x 0.1x 0.3x
Cash conversion (OCF / net income) – – 0.9x
Stock comp / revenue – – 0.1%

Financial Health

11 metrics
MetricTVCHTTIGO
Debt / assets 34.8% 1.1% 37.0%
Debt / equity 0.7x 0.0x 3.1x
Net debt / EBITDA 64.6x – 2.0x
Debt / FCF – 0.3x 13.0x
Liabilities / assets 52.7% 34.0% 87.9%
Equity / assets 47.3% 66.0% 12.1%
Interest coverage 0.7x 144.6x 1.9x
Current ratio 2.4x 1.2x 0.5x
Quick ratio 1.8x 1.0x 0.3x
Cash ratio 1.5x 0.7x 0.2x
Altman Z-score 12.35 6.04 1.07

Shareholder Returns

7 metrics
MetricTVCHTTIGO
Dividend yield – 3.3% 4.4%
Net buyback yield – – –
Shareholder yield 0.0% 3.3% 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.

ConsensusTVCHTTIGO
Forward P/E 11.9xFY2026 28.4xFY2026 21.0xFY2026
EPS, next fiscal year $0.18FY2026 $1.71FY2026 $3.80FY2026
EPS growth, next FY – +8.2%FY2026 -51.5%FY2026
EPS growth, the year after +38.9% +3.5% +65.5%
Revenue, next fiscal year $3.07BFY2026 $7.63BFY2026 $9.17BFY2026
Revenue growth, next FY -9.0%FY2026 +2.1%FY2026 +57.6%FY2026
Revenue growth, the year after -4.0% +12.1% -4.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTVCHTTIGO
Held by institutions 0.2% 2.6% 46.3%
Institutions holding 106 218 438
Change in shares held, QoQ -4.9% +1.3% +7.3%
Institutions buying 44 136 284
Institutions selling 33 47 127
Buyers to sellers 1.33 2.89 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.

TVCHTTIGO
TV 1.00 0.07 0.14
CHT 0.07 1.00 0.11
TIGO 0.14 0.11 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TV, CHT and TIGO?

Grupo Televisa, S.A.B (TV) is the largest by market capitalisation: Grupo Televisa, S.A.B (TV) $129.78B, Chunghwa Telecom (CHT) $37.97B, Millicom International Cellular (TIGO) $13.29B.

Which stock is cheaper, TV, CHT and TIGO?

Millicom International Cellular (TIGO) trades on the lowest price-to-earnings ratio (Grupo Televisa, S.A.B (TV) -263.1x, Chunghwa Telecom (CHT) 28.4x, Millicom International Cellular (TIGO) 20.0x). On next year's consensus earnings, Grupo Televisa, S.A.B (TV) is cheapest (Grupo Televisa, S.A.B (TV) 11.9x, Chunghwa Telecom (CHT) 28.4x, 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: Grupo Televisa, S.A.B (TV) +5.5%, Chunghwa Telecom (CHT) +8.3%, Millicom International Cellular (TIGO) +29.4%.

Which company is more profitable?

Chunghwa Telecom (CHT) has the highest net margin (Grupo Televisa, S.A.B (TV) -15.3%, Chunghwa Telecom (CHT) 17.0%, Millicom International Cellular (TIGO) 9.2%). On return on invested capital, Millicom International Cellular (TIGO) leads (Grupo Televisa, S.A.B (TV) 2.9%, Chunghwa Telecom (CHT) 10.7%, Millicom International Cellular (TIGO) 16.8%).

Which stock has performed better?

Over the past year Millicom International Cellular (TIGO) returned the most: Grupo Televisa, S.A.B (TV) -22.2%, Chunghwa Telecom (CHT) +13.4%, Millicom International Cellular (TIGO) +71.6%. Over five years, Millicom International Cellular (TIGO) compounded fastest (Grupo Televisa, S.A.B (TV) -26.7%/yr, Chunghwa Telecom (CHT) +4.2%/yr, Millicom International Cellular (TIGO) +18.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Chunghwa Telecom (CHT) has been the steadiest (Grupo Televisa, S.A.B (TV) 38.3%, Chunghwa Telecom (CHT) 13.8%, Millicom International Cellular (TIGO) 41.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TV, CHT 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 7. 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.