Millicom International Cellular (TIGO) EV to FCF (2019 - 2026)
Millicom International Cellular's EV to FCF came in at 8.13 for Q3 2026, down 21.4% from 10.34 a year earlier and down 22.7% 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 Sep 30, 2026, Millicom International Cellular reported EV to FCF of 6.03, down 6.2% year-over-year; for FY2025, it was 7.19, up 115.3% from FY2024.
- Going back by year, EV to FCF was 3.34 in FY2024 (-38.9%), 5.47 in FY2023 (+127.6%), 2.40 in FY2022 (-75.9%) and 9.98 in FY2021 (-38.0%).
- The five-year range for quarterly EV to FCF is 0.27 (Q3 2022) to 233.01 (Q2 2025).
- Year-over-year, EV to FCF has declined for three consecutive quarters.
- The fastest year-over-year change in EV to FCF over five years came in Q3 2023 (growth of 560.3%), and the weakest in Q3 2022 (a decline of 98.1%).
- Business Quant data shows TIGO's EV to FCF at 10.51 (Q2 2026), 8.34 (Q1 2026) and 7.08 (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 | 8.13 |
| Jun 30, 2026 | 10.51 |
| Mar 31, 2026 | 8.34 |
| Dec 31, 2025 | 7.08 |
| Sep 30, 2025 | 10.34 |
| Jun 30, 2025 | 233.01 |
| Mar 31, 2025 | 211.01 |
| Sep 30, 2023 | 1.81 |
| Jun 30, 2023 | 1.86 |
| Mar 31, 2023 | 2.31 |
| Dec 31, 2022 | 1.10 |
| Sep 30, 2022 | 0.27 |
| Jun 30, 2022 | 0.64 |
| Mar 31, 2022 | 1.74 |
| Dec 31, 2021 | 2.25 |
| Sep 30, 2021 | 14.18 |
| Jun 30, 2021 | 13.19 |
| Mar 31, 2021 | 13.46 |
| Dec 31, 2020 | 11.24 |
| Sep 30, 2020 | 1.66 |
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();