Millicom International Cellular SA (NASDAQ:TIGO) — Market Cap & Net Worth

$16.00 Billion USD  · Rank #1556

Market Cap & Net Worth: Millicom International Cellular SA (TIGO)

Millicom International Cellular SA (NASDAQ:TIGO) has a market capitalization of $16.00 Billion ($16.00 Billion) as of September 16, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #1556 globally and #612 in its home market, demonstrating a 0.19% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Millicom International Cellular SA's stock price $95.43 by its total outstanding shares 167710000 (167.71 Million). Also see Millicom International Cellular SA assets under control for a full breakdown of the balance sheet.

Millicom International Cellular SA Market Cap History: 2015 to 2026

Millicom International Cellular SA's market capitalization history from 2015 to 2026. Data shows growth from $8.25 Billion to $16.00 Billion (5.62% CAGR). Also see how efficiently does Millicom International Cellular SA generate cash for how efficiently the company converts equity into cash flow.

Index Memberships

Millicom International Cellular SA is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Composite
IXIC
$41.74 Trillion 0.04% #183 of 3165

Weight: Millicom International Cellular SA's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Millicom International Cellular SA Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Millicom International Cellular SA's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check latest Millicom International Cellular SA stock price today for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

1.60x

Millicom International Cellular SA's market cap is 1.60 times its annual revenue

Industry average: 1.96x Lower than industry average

Latest Price to Earnings (P/E) Ratio

7.07x

Millicom International Cellular SA's market cap is 7.07 times its annual earnings

Industry average: 11.73x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $6.28 Billion $4.11 Billion -$45.00 Million 1.53x N/A
2017 $10.38 Billion $4.08 Billion $47.00 Million 2.55x 220.85x
2018 $10.15 Billion $3.95 Billion $19.00 Million 2.57x 533.98x
2019 $8.09 Billion $4.34 Billion $75.00 Million 1.87x 107.85x
2020 $6.50 Billion $4.17 Billion -$344.00 Million 1.56x N/A
2021 $4.77 Billion $4.26 Billion $590.00 Million 1.12x 8.09x
2022 $2.12 Billion $5.62 Billion $57.00 Million 0.38x 37.16x
2023 $3.02 Billion $5.66 Billion -$82.00 Million 0.53x N/A
2024 $4.19 Billion $5.80 Billion $253.00 Million 0.72x 16.58x
2025 $9.30 Billion $5.82 Billion $1.32 Billion 1.60x 7.07x

Competitor Companies of TIGO by Market Capitalization

Companies near Millicom International Cellular SA in the global market cap rankings as of September 16, 2026. Review tangible net worth ratio of Millicom International Cellular SA to assess the quality of the company's equity after excluding intangible assets.

Key companies related to Millicom International Cellular SA by market ranking:

  • Verizon Communications Inc (NYSE:VZ): Ranked #99 globally with a market cap of $209.44 Billion USD.
  • Verizon Communications Inc (SA:VERZ34): Ranked #108 globally with a market cap of $195.66 Billion USD ( R$997.15 Billion BRL).
  • T-Mobile US Inc (NASDAQ:TMUS): Ranked #111 globally with a market cap of $193.10 Billion USD.
  • SoftBank Group Corp (F:SFTU): Ranked #124 globally with a market cap of $180.08 Billion USD ( €154.03 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#99 Verizon Communications Inc NYSE:VZ $209.44 Billion $51.45
#108 Verizon Communications Inc SA:VERZ34 $195.66 Billion R$39.41
#111 T-Mobile US Inc NASDAQ:TMUS $193.10 Billion $182.90
#124 SoftBank Group Corp F:SFTU $180.08 Billion €17.30

Millicom International Cellular SA Historical Marketcap From 2015 to 2026

Between 2015 and today, Millicom International Cellular SA's market cap moved from $8.25 Billion to $ 16.00 Billion, with a yearly change of 5.62%.

Year Market Cap Change (%)
2026 $16.00 Billion +72.13%
2025 $9.30 Billion +121.67%
2024 $4.19 Billion +38.94%
2023 $3.02 Billion +42.52%
2022 $2.12 Billion -55.61%
2021 $4.77 Billion -26.64%
2020 $6.50 Billion -19.59%
2019 $8.09 Billion -20.28%
2018 $10.15 Billion -2.26%
2017 $10.38 Billion +65.21%
2016 $6.28 Billion -23.87%
2015 $8.25 Billion --

End of Day Market Cap According to Different Sources

On Sep 16th, 2026 the market cap of Millicom International Cellular SA was reported to be:

Source Market Cap
Yahoo Finance $16.00 Billion USD
MoneyControl $16.00 Billion USD
MarketWatch $16.00 Billion USD
marketcap.company $16.00 Billion USD
Reuters $16.00 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Millicom International Cellular SA

NASDAQ:TIGO USA Telecom Services
Market Cap
$16.00 Billion
Market Cap Rank
#1556 Global
#612 in USA
Share Price
$95.43
Change (1 day)
-1.29%
52-Week Range
$45.81 - $104.31
All Time High
$104.31
About

Millicom International Cellular S.A. engages in the provision cable and mobile services in Latin America. The company offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. In addition, the company provides fixed services, includ… Read more