TIGO (Millicom International Cellular) Market Cap: $16,025 Mil (As of Jul. 29, 2026)

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TIGO Millicom International Cellular SA TIGO
61 GF Score
Price $95.65
GF Value $34.18
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Millicom International Cellular Market Cap?

Millicom International Cellular TIGO +0.24% 61 Market Cap is $16,025 Mil as of Jul. 29, 2026. GuruFocus rates TIGO with a GF Score™ of 61/100 and a GF Value™ of $34.18 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 374 Telecommunication Services companies, Millicom International Cellular ranks better than 88.77% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Millicom International Cellular's share price for the quarter that ended in Mar. 2026 was $74.94. Millicom International Cellular's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 168 Mil. Therefore, Millicom International Cellular's market cap for the quarter that ended in Mar. 2026 was $12,556 Mil.

Millicom International Cellular's quarterly market cap increased from Sep. 2025 ($8,110 Mil) to Dec. 2025 ($9,264 Mil) and increased from Dec. 2025 ($9,264 Mil) to Mar. 2026 ($12,556 Mil).

Millicom International Cellular's annual market cap increased from Dec. 2023 ($3,091 Mil) to Dec. 2024 ($4,258 Mil) and increased from Dec. 2024 ($4,258 Mil) to Dec. 2025 ($9,264 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Millicom International Cellular's Enterprise Value for Today is $26,603 Mil.


Millicom International Cellular  (NAS:TIGO) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Millicom International Cellular Market Cap Related Terms


Millicom International Cellular Market Cap Historical Data

* Premium members only.

The historical data trend for Millicom International Cellular's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Millicom International Cellular Market Cap Chart

Millicom International Cellular Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,850.73 2,158.25 3,091.07 4,257.68 9,263.69

Millicom International Cellular Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,051.37 6,258.91 8,110.31 9,263.69 12,555.52

TIGO vs CHTR, GSAT, LUMN: Market Cap Comparison

For the Telecom Services subindustry, Millicom International Cellular's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Millicom International Cellular Market Cap vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Millicom International Cellular's Market Cap distribution charts can be found below:

* The bar in red indicates where Millicom International Cellular's Market Cap falls into.


TIGO
61GF Score
Millicom International Cellular SA TIGO
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Millicom International Cellular Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Millicom International Cellular's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=$55.44*167.094
=$9,264

Millicom International Cellular's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=$74.94*167.541
=$12,556

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of $16,025 Mil mean?
Millicom International Cellular (TIGO) has a Market Cap of $16,025 Mil as of Jul. 29, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Millicom International Cellular and its competitors. According to the industry distribution chart, Millicom International Cellular ranks #42 out of 374 companies in the Telecommunication Services industry, placing it in the top 11.2%.
Is Millicom International Cellular's Market Cap too high?
Millicom International Cellular's current Market Cap is $16,025 Mil. The Telecommunication Services industry median Market Cap is 505.77. Millicom International Cellular's value of $16,025 Mil is 3068.4% above this industry median. Based on the distribution chart, Millicom International Cellular ranks #42 out of 374 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Millicom International Cellular has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millicom International Cellular's Market Cap compare to CHTR and GSAT?
According to the Telecommunication Services industry distribution chart, Millicom International Cellular ranks #42 out of 374 companies for Market Cap. This places Millicom International Cellular in the top 11% of its industry — outperforming the majority of peers. The industry median Market Cap is 505.77. Millicom International Cellular's value of $16,025 Mil is 3068.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Telecommunication Services company?
The median Market Cap among Telecommunication Services companies is 505.77, based on 374 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Millicom International Cellular's current Market Cap of $16,025 Mil is 3068.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Millicom International Cellular and its competitors. For the Telecommunication Services industry, the median Market Cap is 505.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millicom International Cellular's current Market Cap is $16,025 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millicom International Cellular stock overvalued right now?
Based on GuruFocus' analysis, Millicom International Cellular (TIGO) is currently considered Significantly Overvalued. The stock's GF Value™ is $34.18, compared to a current price of $95.65 — trading 179.8% above its estimated fair value. The current Market Cap is $16,025 Mil and 3068.4% above the Telecommunication Services industry median of 505.77. Millicom International Cellular's overall GF Score™ is 61/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Millicom International Cellular (TIGO), the current Market Cap is $16,025 Mil as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Millicom International Cellular (TIGO) Overvalued in 2026?

Based on GuruFocus' analysis, Millicom International Cellular stock appears to be overvalued. The current stock price of $95.65 is trading 179.8% above its estimated GF Value™ of $34.18. GuruFocus considers Millicom International Cellular to be Significantly Overvalued.

Key valuation signals for TIGO:

  • Market Cap: $16,025 Mil
  • GF Value™: $34.18 vs. price of $95.65 (179.8% above fair value)
  • GF Score™: 61/100 with 10 warning signs
  • Industry Position: 3068.4% above the Telecommunication Services median (#42 of 374)

No single metric tells the full story. See the TIGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Millicom International Cellular Business Description

Other Exchanges M4M1:Germany
Address 8400 NW 36th Street, Suite 530, Doral, FL, USA, 33166
Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia, Nicaragua, Panama, El Salvador, Guatemala, Paraguay, Colombia, Ecuador, Uruguay, and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's wireless networks cover about 145 million people, serving nearly 60 million customers. Its fixed-line networks reach 22 million homes, serving about 5.6 million broadband customers. Increasingly, Millicom offers converged packages that include broadband with wireless services. The firm also formed a joint venture to acquire Telefónica's operations in Chile.
61GF Score

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Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$95.65
Price
$34.18
GF Value