Millicom International Cellular (TIGO) EV to EBITDA (2019 - 2026)
Millicom International Cellular's (TIGO) EV to EBITDA came in at 1.83 for Q4 2025, up 335.3% from 0.42 a year earlier but down 24.6% from the prior quarter.
Powered by 
Analysis
Millicom International Cellular (TIGO) EV to EBITDA (2019 - 2026) Analysis & Trends
Since Q1 2019, Millicom International Cellular has reported EV to EBITDA for 18 quarters.
- In prior years, Millicom International Cellular's EV to EBITDA was 0.36 in FY2024 (-57.0%), 0.85 in FY2023 (+199.4%), 0.28 in FY2022 (-75.4%) and 1.15 in FY2021 (-39.7%).
- Quarterly EV to EBITDA has run from a low of 0.16 in Q3 2022 to a high of 2.43 in Q3 2025 over five years.
- On a year-over-year basis, EV to EBITDA has increased in each of the last four quarters, with growth averaging 89.7% over the last eight quarters.
- The strongest year-over-year quarter for EV to EBITDA in the past five years was Q4 2025, with growth of 335.3%; the weakest was Q4 2022, with a decline of 78.1%.
- According to Business Quant data, EV to EBITDA for the three prior quarters was 2.43 (Q3 2025), 1.94 (Q2 2025) and 1.76 (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 185.43 Bn | 149.83 Bn | 27.03 Bn |
| 2 | T-Mobile US | 157.50 Bn | 142.25 Bn | 14.76 Bn |
| 3 | Grupo Televisa, S.A.B | 146.85 Bn | 139.14 Bn | 318.12 Mn |
| 4 | At&T | 140.99 Bn | 98.44 Bn | 26.22 Bn |
| 5 | Comcast | 80.32 Bn | 46.28 Bn | - |
| 6 | Vodafone Group Public | 38.29 Bn | 11.97 Bn | - |
| 7 | Chunghwa Telecom | 37.65 Bn | 30.15 Bn | 728.80 Mn |
| 8 | EchoStar | 25.85 Bn | 16.98 Bn | 1.65 Bn |
| 9 | Telefonica Brasil | 20.72 Bn | 14.74 Bn | 1.42 Bn |
| 10 | Millicom International Cellular | 13.24 Bn | 8.02 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.26 |
| Mar 31, 2026 | 3.74 |
| Dec 31, 2025 | 2.68 |
| Sep 30, 2025 | 2.43 |
| Jun 30, 2025 | 1.94 |
| Mar 31, 2025 | 1.76 |
| Dec 31, 2024 | 1.38 |
| Sep 30, 2024 | 1.53 |
| Jun 30, 2024 | 1.38 |
| Mar 31, 2024 | 1.20 |
| Dec 31, 2023 | 1.04 |
| Sep 30, 2023 | 0.86 |
| Jun 30, 2023 | 0.89 |
| Mar 31, 2023 | 1.07 |
| Dec 31, 2022 | 0.51 |
| Sep 30, 2022 | 0.14 |
| Jun 30, 2022 | 0.35 |
| Mar 31, 2022 | 1.02 |
| Dec 31, 2021 | 1.14 |
| Sep 30, 2021 | 1.49 |
API Access
Millicom International Cellular EV to EBITDA 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=ev-to-ebitda&ticker=TIGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();