TIGO vs. TMUS: Millicom International Cellular vs. T-Mobile US Stock Comparison
How do Millicom International Cellular (TIGO) and T-Mobile US (TMUS) 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
Millicom International Cellular (TIGO) and T-Mobile US (TMUS) 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 | TIGO | TMUS |
|---|---|---|
| Name | Millicom International Cellular S.A. | T-Mobile US Inc. |
| Country/Region | Luxembourg | United States |
| 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 | 13.96 billion USD | 171.61 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | January 9, 2019 | April 19, 2007 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | TIGO | TMUS |
|---|---|---|
| Total Return (1Y) | 88.87% | -16.70% |
| Total Return (3Y, Annualized) | 85.47% | 6.53% |
| Total Return (5Y, Annualized) | 23.36% | 8.18% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | TIGO | TMUS |
|---|---|---|
| Volatility (1Y, Annualized) | 41.65% | 35.01% |
| Beta (5Y) | 0.96 | 0.36 |
| Max Drawdown (5Y) | -71.26% | -44.76% |
| Avg. Volume (3M) | 924.74K | 5.44M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | TIGO | TMUS |
|---|---|---|
| Sharpe Ratio (1Y) | 2.03 | -0.60 |
| Sortino Ratio (1Y) | 3.02 | -0.77 |
Profitability
ROE (TTM)
Both Millicom International Cellular (TIGO) at 19.54% and T-Mobile US (TMUS) at 19.35% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
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%
TMUS
Telecommunication Services industry group
19.35%
- Max
- 31.74%
- TMUS
- 19.35%
- Q3
- 17.02%
- Median
- 7.32%
- Q1
- -5.16%
- Min
- -20.26%
Net Margin (TTM)
T-Mobile US (TMUS) at 12.05% retains a top-quartile share of revenue as profit, ahead of Millicom International Cellular (TIGO) at 7.01%, which keeps about the industry-typical share.
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%
TMUS
Telecommunication Services industry group
12.05%
- Max
- 30.45%
- TMUS
- 12.05%
- Q3
- 11.78%
- Median
- 7.20%
- Q1
- -3.86%
- Min
- -18.49%
Operating Margin (TTM)
Both Millicom International Cellular (TIGO) at 26.63% and T-Mobile US (TMUS) at 24.75% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
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%
TMUS
Telecommunication Services industry group
24.75%
- Max
- 35.53%
- TMUS
- 24.75%
- Q3
- 22.79%
- Median
- 12.87%
- Q1
- 0.82%
- Min
- -29.20%
Profitability Metrics
| Metric | TIGO | TMUS |
|---|---|---|
| ROE (TTM) | 19.54% | 19.35% |
| ROA (TTM) | 6.70% | 6.19% |
| Net Margin (TTM) | 7.01% | 12.05% |
| Operating Margin (TTM) | 26.63% | 24.75% |
| Gross Margin (TTM) | 76.25% | 62.98% |
Growth
Revenue Growth
T-Mobile US (TMUS) at 8.49% 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
Millicom International Cellular (TIGO) at 438.36% clears its industry range for EPS growth, a much stronger earnings trajectory than T-Mobile US (TMUS) at 0.62%, which is closer to a typical peer reading.
Growth Metrics
| Metric | TIGO | TMUS |
|---|---|---|
| Revenue Growth (YoY) | 0.26% | 8.49% |
| Revenue Growth (3Y CAGR) | 1.14% | 3.53% |
| EPS Growth (YoY) | 438.36% | 0.62% |
| EPS Growth (3Y CAGR) | 83.60% | 67.73% |
Financial Strength
Current Ratio (MRQ)
T-Mobile US (TMUS) at 0.91 keeps current ratio within its industry’s typical mid-range, while Millicom International Cellular (TIGO) at 0.56 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for TIGO.
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
TMUS
Telecommunication Services industry group
0.91
- Max
- 2.85
- Q3
- 1.64
- Median
- 0.97
- TMUS
- 0.91
- Q1
- 0.78
- Min
- 0.26
Debt / Equity (MRQ)
Both balance sheets lean debt-heavy versus peers, but TIGO is more stretched: T-Mobile US (TMUS) at 2.11 sits in the higher-leverage quartile and Millicom International Cellular (TIGO) at 5.29 is above its industry benchmark range.
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
TMUS
Telecommunication Services industry group
2.11
- Max
- 3.94
- TMUS
- 2.11
- Q3
- 2.11
- Median
- 1.32
- Q1
- 0.65
- Min
- 0.00
Financial Strength Metrics
| Metric | TIGO | TMUS |
|---|---|---|
| Current Ratio (MRQ) | 0.56 | 0.91 |
| Debt / Equity (MRQ) | 5.29 | 2.11 |
| Net Debt / EBITDA | 3.15 | 3.21 |
Dividends
Dividend Yield (TTM)
Millicom International Cellular (TIGO) at 3.79% delivers top-quartile income for its industry, while T-Mobile US (TMUS) at 2.63% pays a more typical yield — both are credible income propositions, TIGO the richer one.
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%
TMUS
Telecommunication Services industry group
2.63%
- Max
- 6.10%
- TMUS
- 2.63%
- Q3
- 2.63%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
T-Mobile US (TMUS) at 39.34% pays out a band-typical share of earnings, while Millicom International Cellular (TIGO) at 88.91% distributes more than its industry norm — less retained, thinner cover.
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%
TMUS
Telecommunication Services industry group
39.34%
- Max
- 121.72%
- Q3
- 68.18%
- TMUS
- 39.34%
- Median
- 4.06%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | TIGO | TMUS |
|---|---|---|
| Dividend Yield (TTM) | 3.79% | 2.63% |
| Dividend Payout Ratio (TTM) | 88.91% | 39.34% |
Valuation
P/E Ratio (TTM)
T-Mobile US (TMUS) at 15.62 is near its industry’s usual P/E ratio, while Millicom International Cellular (TIGO) at 24.70 sits in the richer quartile — TIGO needs stronger growth or earnings quality to justify the premium.
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
TMUS
Telecommunication Services industry group
15.62
- Max
- 30.40
- Q3
- 23.75
- TMUS
- 15.62
- Median
- 13.30
- Q1
- 8.65
- Min
- 2.50
P/S Ratio (TTM)
Millicom International Cellular (TIGO) at 1.72 is priced about in line with its industry on P/S ratio, while T-Mobile US (TMUS) at 1.83 sits in the pricier quartile — TMUS costs more per dollar of sales.
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
TMUS
Telecommunication Services industry group
1.83
- Max
- 3.01
- TMUS
- 1.83
- Q3
- 1.73
- Median
- 0.81
- Q1
- 0.36
- Min
- 0.00
P/B Ratio (MRQ)
T-Mobile US (TMUS) at 3.06 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.
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
TMUS
Telecommunication Services industry group
3.06
- Max
- 8.10
- Q3
- 3.98
- TMUS
- 3.06
- Median
- 1.53
- Q1
- 0.65
- Min
- -2.39
Valuation Metrics
| Metric | TIGO | TMUS |
|---|---|---|
| P/E Ratio (TTM) | 24.70 | 15.62 |
| P/S Ratio (TTM) | 1.72 | 1.83 |
| P/B Ratio (MRQ) | 6.24 | 3.06 |
| Free Cash Flow Yield (TTM) | 14.20% | 9.53% |