Millicom International Cellular (TIGO) EV to FCF (2019 - 2026)
Millicom International Cellular's EV to FCF came in at 19.30 for Q2 2026, up 350.7% from 4.28 a year earlier and up 54.8% from the prior quarter.
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Analysis
Millicom International Cellular (TIGO) EV to FCF (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Millicom International Cellular reported EV to FCF of 10.18; for FY2025, it was 5.64.
- Going back by year, EV to FCF was 0.50 in FY2024 (-53.9%), 1.10 in FY2023 (+206.1%), 0.36 in FY2022 (-70.8%) and 1.23 in FY2021 (-39.2%).
- The Q2 2026 figure represents the highest quarterly EV to FCF in data going back to Q1 2019.
- Year-over-year, EV to FCF has increased for three consecutive quarters, with growth averaging 211.2% over the last eight quarters.
- The fastest year-over-year change in EV to FCF over five years came in Q3 2024 (growth of 625.1%), and the weakest in Q3 2022 (a decline of 94.0%).
- Business Quant data shows TIGO's EV to FCF at 12.47 (Q1 2026), 8.17 (Q4 2025) and 5.26 (Q3 2025) in the three quarters before Q2 2026.
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 | 24.60 |
| Mar 31, 2026 | 19.53 |
| Dec 31, 2025 | 22.41 |
| Sep 30, 2025 | 5.26 |
| Jun 30, 2025 | 4.15 |
| Mar 31, 2025 | 3.76 |
| Dec 31, 2024 | 3.15 |
| Sep 30, 2024 | 3.54 |
| Jun 30, 2024 | 3.40 |
| Mar 31, 2024 | 2.81 |
| Dec 31, 2023 | 2.37 |
| Sep 30, 2023 | 1.92 |
| Jun 30, 2023 | 3.07 |
| Mar 31, 2023 | 3.81 |
| Dec 31, 2022 | 1.70 |
| Sep 30, 2022 | 0.45 |
| Jun 30, 2022 | 1.06 |
| Mar 31, 2022 | 2.87 |
| Dec 31, 2021 | 3.94 |
| Sep 30, 2021 | 42.06 |
API Access
Millicom International Cellular EV to FCF 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-fcf&ticker=TIGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();