Millicom International Cellular (TIGO) Enterprise Value (2019 - 2026)
Millicom International Cellular's Enterprise Value came in at $13.92 billion for Q3 2026, up 109.1% from $6.66 billion a year earlier but down 4.1% from the prior quarter.
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Analysis
Millicom International Cellular (TIGO) Enterprise Value (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Millicom International Cellular reported Enterprise Value of $10.33 billion, up 149.4% year-over-year; for FY2025, it came in at $7.8 billion, up 119.6% from FY2024.
- Enterprise Value has increased in each of the last three years, with a five-year compound annual growth rate of 19.5% (FY2020 to FY2025).
- Going back by year, Enterprise Value was $3.55 billion in FY2024 (+58.7%), $2.24 billion in FY2023 (+92.3%), $1.16 billion in FY2022 (-46.0%) and $2.16 billion in FY2021 (-32.7%).
- The five-year range for quarterly Enterprise Value is $319.84 million (Q3 2022) to $14.52 billion (Q2 2026).
- Year-over-year, Enterprise Value has increased for 15 consecutive quarters, with growth averaging 101.9% over the last eight quarters.
- The fastest year-over-year change in Enterprise Value over five years came in Q3 2023 (growth of 478.7%), and the weakest in Q3 2022 (a decline of 91.3%).
- Business Quant data shows TIGO's Enterprise Value at $14.52 billion (Q2 2026), $11.52 billion (Q1 2026) and $7.8 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 192.19 Bn | 159.83 Bn | 27.05 Bn |
| 2 | T-Mobile US | 180.63 Bn | 163.07 Bn | 15.13 Bn |
| 3 | At&T | 149.48 Bn | 106.93 Bn | 26.22 Bn |
| 4 | Grupo Televisa, S.A.B | 138.76 Bn | 131.89 Bn | 960.50 Mn |
| 5 | Comcast | 89.06 Bn | 55.02 Bn | - |
| 6 | Chunghwa Telecom | 38.69 Bn | 31.18 Bn | 728.80 Mn |
| 7 | Vodafone Group Public | 37.39 Bn | 5.63 Bn | - |
| 8 | EchoStar | 29.07 Bn | 10.15 Bn | 647.20 Mn |
| 9 | Bce | 19.98 Bn | 18.22 Bn | 11.61 Bn |
| 10 | Millicom International Cellular | 13.41 Bn | 9.01 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.92 Bn |
| Jun 30, 2026 | 14.52 Bn |
| Mar 31, 2026 | 11.52 Bn |
| Dec 31, 2025 | 7.80 Bn |
| Sep 30, 2025 | 6.66 Bn |
| Jun 30, 2025 | 5.13 Bn |
| Mar 31, 2025 | 4.64 Bn |
| Dec 31, 2024 | 3.55 Bn |
| Sep 30, 2024 | 3.79 Bn |
| Jun 30, 2024 | 3.35 Bn |
| Mar 31, 2024 | 2.77 Bn |
| Dec 31, 2023 | 2.24 Bn |
| Sep 30, 2023 | 1.85 Bn |
| Jun 30, 2023 | 1.90 Bn |
| Mar 31, 2023 | 2.36 Bn |
| Dec 31, 2022 | 1.16 Bn |
| Sep 30, 2022 | 319.84 Mn |
| Jun 30, 2022 | 745.99 Mn |
| Mar 31, 2022 | 2.03 Bn |
| Dec 31, 2021 | 2.16 Bn |
API Access
Millicom International Cellular Enterprise Value API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=enterprise-value&ticker=TIGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "ticker": "TIGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=enterprise-value&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();