Fabrinet (FN) vs Millicom International Cellular S.A. (TIGO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Millicom International Cellular S.A. (TIGO) has outperformed Fabrinet (FN) over the past year, gaining 86.9% versus a gain of 34.5%. Over five years, FN leads with a +407.2% price change compared with +148.5% for TIGO. Fabrinet is the larger company by market cap ($17.74 billion vs $14.99 billion), about 1.2 times the size.
On valuation, Millicom International Cellular S.A. trades at a lower forward P/E (12.7x vs 22.7x for Fabrinet). Millicom International Cellular S.A. pays a dividend yielding 3.36%, while Fabrinet does not currently pay one. Millicom International Cellular S.A. converts more of its revenue into profit, with a net margin of 22.6% versus 10.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FN | TIGO |
|---|---|---|
| Share price | $495.18 | $89.38 |
| Market cap | $17.74B | $14.99B |
| 1-day change | -0.54% | -0.72% |
| YTD return | +9.38% | +63.73% |
| 1-year return | +34.53% | +86.88% |
| 5-year return | +407.22% | +148.48% |
| P/E ratio (TTM) | 37.94 | 22.57 |
| Forward P/E | 22.73 | 12.68 |
| EPS (TTM) | $13.05 | $3.96 |
| Dividend yield | 0.00% | 3.36% |
| Annual dividend | $0.00 | $3.00 |
| Revenue (latest FY) | $4.64B | $5.82B |
| Revenue growth (YoY) | +35.73% | +0.26% |
| Net income (latest FY) | $473.03M | $1.32B |
| Gross margin | 11.99% | 77.47% |
| Operating margin | 9.97% | 28.17% |
| Net margin | 10.19% | 22.62% |
| 52-week high | $748.89 | $107.13 |
| 52-week low | $361.19 | $44.88 |
| Distance from 52-week high | -33.88% | -16.57% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +48.25% | +10.09% |
| Average volume | 867.13K | 1.10M |
| Shares outstanding | 35.83M | 167.71M |
| Employees | 21,521 | 14,250 |
| Sector | Utilities | Telecommunications |
| Industry | Telecommunications Equipment | Telecommunications Equipment |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- TIGO has outperformed FN by 52.4 percentage points over the past year.
- Fabrinet trades at a higher earnings multiple (37.9x vs 22.6x trailing P/E).
- Millicom International Cellular S.A. offers a meaningfully higher dividend yield (3.36% vs 0.00%).
- Millicom International Cellular S.A. is more profitable, keeping 22.6 cents of every revenue dollar as net income versus 10.2 cents for Fabrinet.
- Fabrinet grew revenue faster in its latest fiscal year (+35.73% vs +0.26%).
- The two companies sit in different sectors: Fabrinet in Utilities and Millicom International Cellular S.A. in Telecommunications.
About Fabrinet
FN stock →Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, Europe, and internationally. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, packaging, integration, final assembly, and testing.
Utilities · Telecommunications Equipment · 21,521 employees
About Millicom International Cellular S.A.
TIGO stock →Millicom International Cellular S.A. engages in the provision cable and mobile services in Latin America.
Telecommunications · Telecommunications Equipment · 14,250 employees
FN vs TIGO FAQ
Which is bigger, Fabrinet or Millicom International Cellular S.A.?
Fabrinet (FN) is larger, with a market capitalization of $17.74B compared with $14.99B for Millicom International Cellular S.A. (TIGO).
Which stock has performed better over the past year, FN or TIGO?
TIGO returned +86.88% over the past 12 months, compared with +34.53% for FN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FN or TIGO?
TIGO has the lower trailing P/E at 22.6, versus 37.9 for FN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Fabrinet or Millicom International Cellular S.A.?
Millicom International Cellular S.A. pays a dividend yielding 3.36%, while Fabrinet does not currently pay a regular dividend.
Are Fabrinet and Millicom International Cellular S.A. in the same industry?
Yes. Both are classified in the Telecommunications Equipment industry within the Utilities sector.