RCI vs. TIGO: Rogers Communications vs. Millicom International Cellular Stock Comparison
How do Rogers Communications (RCI) and Millicom International Cellular (TIGO) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Rogers Communications (RCI) and Millicom International Cellular (TIGO) are both classified in the Wireless Telecommunication Services sub-industry within the broader Wireless Telecommunication Services industry, placing them in the closest GICS peer bucket.
| Profile Item | RCI | TIGO |
|---|---|---|
| Name | Rogers Communications Inc. Class B | Millicom International Cellular S.A. |
| Country/Region | Canada | Luxembourg |
| GICS Sector | Communication Services | Communication Services |
| GICS Industry Group | Telecommunication Services | Telecommunication Services |
| GICS Industry | Wireless Telecommunication Services | Wireless Telecommunication Services |
| GICS Sub-Industry | Wireless Telecommunication Services | Wireless Telecommunication Services |
| Market Capitalization | 18.01 billion USD | 13.96 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | January 11, 1996 | January 9, 2019 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | RCI | TIGO |
|---|---|---|
| Total Return (1Y) | -9.04% | 88.87% |
| Total Return (3Y, Annualized) | -3.70% | 85.47% |
| Total Return (5Y, Annualized) | -4.22% | 23.36% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | RCI | TIGO |
|---|---|---|
| Volatility (1Y, Annualized) | 29.67% | 41.65% |
| Beta (5Y) | 0.65 | 0.96 |
| Max Drawdown (5Y) | -56.92% | -71.26% |
| Avg. Volume (3M) | 1.34M | 924.74K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | RCI | TIGO |
|---|---|---|
| Sharpe Ratio (1Y) | -0.45 | 2.03 |
| Sortino Ratio (1Y) | -0.69 | 3.02 |
Profitability
ROE (TTM)
Millicom International Cellular (TIGO) at 19.54% sits in the top ROE quartile, while Rogers Communications (RCI) at 4.41% is closer to the peer norm — stronger capital efficiency for TIGO.
RCI
Telecommunication Services industry group
4.41%
- Max
- 31.74%
- Q3
- 17.02%
- Median
- 7.32%
- RCI
- 4.41%
- Q1
- -5.16%
- Min
- -20.26%
TIGO
Telecommunication Services industry group
19.54%
- Max
- 31.74%
- TIGO
- 19.54%
- Q3
- 17.02%
- Median
- 7.32%
- Q1
- -5.16%
- Min
- -20.26%
Net Margin (TTM)
Both Rogers Communications (RCI) at 4.13% and Millicom International Cellular (TIGO) at 7.01% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
RCI
Telecommunication Services industry group
4.13%
- Max
- 30.45%
- Q3
- 11.78%
- Median
- 7.20%
- RCI
- 4.13%
- Q1
- -3.86%
- Min
- -18.49%
TIGO
Telecommunication Services industry group
7.01%
- Max
- 30.45%
- Q3
- 11.78%
- Median
- 7.20%
- TIGO
- 7.01%
- Q1
- -3.86%
- Min
- -18.49%
Operating Margin (TTM)
Both Rogers Communications (RCI) at 24.53% and Millicom International Cellular (TIGO) at 26.63% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
RCI
Telecommunication Services industry group
24.53%
- Max
- 35.53%
- RCI
- 24.53%
- Q3
- 22.79%
- Median
- 12.87%
- Q1
- 0.82%
- Min
- -29.20%
TIGO
Telecommunication Services industry group
26.63%
- Max
- 35.53%
- TIGO
- 26.63%
- Q3
- 22.79%
- Median
- 12.87%
- Q1
- 0.82%
- Min
- -29.20%
Profitability Metrics
| Metric | RCI | TIGO |
|---|---|---|
| ROE (TTM) | 4.41% | 19.54% |
| ROA (TTM) | 3.57% | 6.70% |
| Net Margin (TTM) | 4.13% | 7.01% |
| Operating Margin (TTM) | 24.53% | 26.63% |
| Gross Margin (TTM) | 44.16% | 76.25% |
Growth
Revenue Growth
Rogers Communications (RCI) at 5.38% is around its peer norm for revenue growth, while Millicom International Cellular (TIGO) at 0.26% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both Rogers Communications (RCI) at 298.13% and Millicom International Cellular (TIGO) at 438.36% grew per-share earnings faster than their entire industry benchmark ranges for EPS growth — a strong showing on both sides, though a depressed base year can exaggerate the percentage, so the level of earnings matters too.
Growth Metrics
| Metric | RCI | TIGO |
|---|---|---|
| Revenue Growth (YoY) | 5.38% | 0.26% |
| Revenue Growth (3Y CAGR) | 12.14% | 1.14% |
| EPS Growth (YoY) | 298.13% | 438.36% |
| EPS Growth (3Y CAGR) | 56.56% | 83.60% |
Financial Strength
Current Ratio (MRQ)
Both Rogers Communications (RCI) at 0.67 and Millicom International Cellular (TIGO) at 0.56 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
RCI
Telecommunication Services industry group
0.67
- Max
- 2.85
- Q3
- 1.64
- Median
- 0.97
- Q1
- 0.78
- RCI
- 0.67
- Min
- 0.26
TIGO
Telecommunication Services industry group
0.56
- Max
- 2.85
- Q3
- 1.64
- Median
- 0.97
- Q1
- 0.78
- TIGO
- 0.56
- Min
- 0.26
Debt / Equity (MRQ)
Rogers Communications (RCI) at 2.05 is near its industry mid-range for debt-to-equity ratio, while Millicom International Cellular (TIGO) at 5.29 sits above its benchmark range, pointing to a heavier debt load relative to equity.
RCI
Telecommunication Services industry group
2.05
- Max
- 3.94
- Q3
- 2.11
- RCI
- 2.05
- Median
- 1.32
- Q1
- 0.65
- Min
- 0.00
TIGO
Telecommunication Services industry group
5.29
- TIGO
- 5.29
- Max
- 3.94
- Q3
- 2.11
- Median
- 1.32
- Q1
- 0.65
- Min
- 0.00
Financial Strength Metrics
| Metric | RCI | TIGO |
|---|---|---|
| Current Ratio (MRQ) | 0.67 | 0.56 |
| Debt / Equity (MRQ) | 2.05 | 5.29 |
| Net Debt / EBITDA | 4.51 | 3.15 |
Dividends
Dividend Yield (TTM)
Both Rogers Communications (RCI) at 5.87% and Millicom International Cellular (TIGO) at 3.79% offer top-quartile dividend income relative to share price within their industries.
RCI
Telecommunication Services industry group
5.87%
- Max
- 6.10%
- RCI
- 5.87%
- Q3
- 2.63%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TIGO
Telecommunication Services industry group
3.79%
- Max
- 6.10%
- TIGO
- 3.79%
- Q3
- 2.63%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Rogers Communications (RCI) reports payout ratio above 100% at 118.34%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Millicom International Cellular (TIGO) reports 88.91%, ranking against industry peers normally.
RCI
Telecommunication Services industry group
118.34%
- Max
- 121.72%
- RCI
- 118.34%
- Q3
- 68.18%
- Median
- 4.06%
- Q1
- 0.00%
- Min
- 0.00%
TIGO
Telecommunication Services industry group
88.91%
- Max
- 121.72%
- TIGO
- 88.91%
- Q3
- 68.18%
- Median
- 4.06%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | RCI | TIGO |
|---|---|---|
| Dividend Yield (TTM) | 5.87% | 3.79% |
| Dividend Payout Ratio (TTM) | 118.34% | 88.91% |
Valuation
P/E Ratio (TTM)
Both Rogers Communications (RCI) at 28.74 and Millicom International Cellular (TIGO) at 24.70 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
RCI
Telecommunication Services industry group
28.74
- Max
- 30.40
- RCI
- 28.74
- Q3
- 23.75
- Median
- 13.30
- Q1
- 8.65
- Min
- 2.50
TIGO
Telecommunication Services industry group
24.70
- Max
- 30.40
- TIGO
- 24.70
- Q3
- 23.75
- Median
- 13.30
- Q1
- 8.65
- Min
- 2.50
P/S Ratio (TTM)
On P/S ratio, both Rogers Communications (RCI) at 0.79 and Millicom International Cellular (TIGO) at 1.72 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
RCI
Telecommunication Services industry group
0.79
- Max
- 3.01
- Q3
- 1.73
- Median
- 0.81
- RCI
- 0.79
- Q1
- 0.36
- Min
- 0.00
TIGO
Telecommunication Services industry group
1.72
- Max
- 3.01
- Q3
- 1.73
- TIGO
- 1.72
- Median
- 0.81
- Q1
- 0.36
- Min
- 0.00
P/B Ratio (MRQ)
Rogers Communications (RCI) at 1.53 is valued about in line with its industry on P/B ratio, while Millicom International Cellular (TIGO) at 6.24 carries an above-peer premium to book — TIGO is pricier on assets.
RCI
Telecommunication Services industry group
1.53
- Max
- 8.10
- Q3
- 3.98
- RCI
- 1.53
- Median
- 1.53
- Q1
- 0.65
- Min
- -2.39
TIGO
Telecommunication Services industry group
6.24
- Max
- 8.10
- TIGO
- 6.24
- Q3
- 3.98
- Median
- 1.53
- Q1
- 0.65
- Min
- -2.39
Valuation Metrics
| Metric | RCI | TIGO |
|---|---|---|
| P/E Ratio (TTM) | 28.74 | 24.70 |
| P/S Ratio (TTM) | 0.79 | 1.72 |
| P/B Ratio (MRQ) | 1.53 | 6.24 |
| Free Cash Flow Yield (TTM) | 25.18% | 14.20% |