Millicom International Cellular S.A. (TIGO) vs TIM S.A. (TIMB)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Millicom International Cellular S.A. (TIGO) has outperformed TIM S.A. (TIMB) over the past year, gaining 84.6% versus a loss of 12.5%. Over five years, TIGO leads with a +140.8% price change compared with +63.2% for TIMB. Millicom International Cellular S.A. is the larger company by market cap ($13.33 billion vs $8.54 billion), about 1.6 times the size.
On valuation, TIM S.A. trades at a lower forward P/E (8.8x vs 11.3x for Millicom International Cellular S.A.). TIM S.A. offers the higher dividend yield (7.42% vs 3.77%).
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 | TIGO | TIMB |
|---|---|---|
| Share price | $79.48 | $17.98 |
| Market cap | $13.33B | $8.54B |
| 1-day change | -9.63% | -3.85% |
| YTD return | +58.64% | -3.86% |
| 1-year return | +84.61% | -12.49% |
| 5-year return | +140.76% | +63.18% |
| P/E ratio (TTM) | 20.07 | 10.58 |
| Forward P/E | 11.28 | 8.77 |
| EPS (TTM) | $3.96 | $1.70 |
| Dividend yield | 3.77% | 7.42% |
| Annual dividend | $3.00 | $1.33 |
| Revenue (latest FY) | $5.82B | — |
| Revenue growth (YoY) | +0.26% | — |
| Net income (latest FY) | $1.32B | — |
| Gross margin | 77.47% | — |
| Operating margin | 28.17% | — |
| Net margin | 22.62% | — |
| 52-week high | $107.13 | $28.22 |
| 52-week low | $44.88 | $17.14 |
| Distance from 52-week high | -25.81% | -36.29% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +23.79% | +34.82% |
| Average volume | 1.10M | 564.42K |
| Shares outstanding | 167.71M | 475.05M |
| Employees | 14,250 | — |
| Sector | Telecommunications | 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 TIMB by 97.1 percentage points over the past year.
- Millicom International Cellular S.A. trades at a higher earnings multiple (20.1x vs 10.6x trailing P/E).
- TIM S.A. offers a meaningfully higher dividend yield (7.42% vs 3.77%).
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
About TIM S.A.
TIMB stock →TIM S.A. engages in the telecommunications sector in Brazil.
Telecommunications · Telecommunications Equipment
TIGO vs TIMB FAQ
Which is bigger, Millicom International Cellular S.A. or TIM S.A.?
Millicom International Cellular S.A. (TIGO) is larger, with a market capitalization of $13.33B compared with $8.54B for TIM S.A. (TIMB).
Which stock has performed better over the past year, TIGO or TIMB?
TIGO returned +84.61% over the past 12 months, compared with -12.49% for TIMB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, TIGO or TIMB?
TIMB has the lower trailing P/E at 10.6, versus 20.1 for TIGO. 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, Millicom International Cellular S.A. or TIM S.A.?
TIM S.A. has the higher yield at 7.42%, compared with 3.77% for Millicom International Cellular S.A..
Are Millicom International Cellular S.A. and TIM S.A. in the same industry?
Yes. Both are classified in the Telecommunications Equipment industry within the Telecommunications sector.