Millicom International Cellular S.A. (TIGO) vs Turkcell Iletisim Hizmetleri AS (TKC)
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 Turkcell Iletisim Hizmetleri AS (TKC) over the past year, gaining 86.9% versus a loss of 15.8%. Over five years, TIGO leads with a +148.5% price change compared with +21.9% for TKC. Millicom International Cellular S.A. is the larger company by market cap ($15.22 billion vs $4.46 billion), about 3.4 times the size.
On valuation, Turkcell Iletisim Hizmetleri AS trades at a lower forward P/E (9.7x vs 12.9x for Millicom International Cellular S.A.). Millicom International Cellular S.A. pays a dividend yielding 3.31%, while Turkcell Iletisim Hizmetleri AS does not currently pay one.
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 | TKC |
|---|---|---|
| Share price | $90.77 | $5.12 |
| Market cap | $15.22B | $4.46B |
| 1-day change | +0.34% | -0.97% |
| YTD return | +63.73% | -6.40% |
| 1-year return | +86.88% | -15.79% |
| 5-year return | +148.48% | +21.90% |
| P/E ratio (TTM) | 22.92 | 9.66 |
| Forward P/E | 12.88 | 9.66 |
| EPS (TTM) | $3.96 | $0.53 |
| Dividend yield | 3.31% | 2.07% |
| Annual dividend | $3.00 | $0.00 |
| 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 | $7.18 |
| 52-week low | $44.88 | $4.82 |
| Distance from 52-week high | -15.27% | -28.69% |
| Analyst consensus | hold | none |
| Avg. price target upside | +8.39% | +41.99% |
| Average volume | 1.11M | 2.30M |
| Shares outstanding | 167.71M | 870.58M |
| Employees | 14,250 | — |
| Sector | Communication Services | Communication Services |
| Industry | Telecom Services | Telecom Services |
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
- Millicom International Cellular S.A. is about 3.4 times larger than Turkcell Iletisim Hizmetleri AS by market value ($15.22B vs $4.46B).
- TIGO has outperformed TKC by 102.7 percentage points over the past year.
- Millicom International Cellular S.A. trades at a higher earnings multiple (22.9x vs 9.7x trailing P/E).
- Millicom International Cellular S.A. offers a meaningfully higher dividend yield (3.31% vs 2.07%).
About Millicom International Cellular S.A.
TIGO stock →Millicom International Cellular S.A. engages in the provision cable and mobile services in Latin America.
Communication Services · Telecom Services · 14,250 employees
About Turkcell Iletisim Hizmetleri AS
TKC stock →Turkcell Iletisim Hizmetleri A.S., together with its subsidiaries, engages in establishing and operating a global system for mobile communications (GSM) network in Turkey, Belarus, Turkish Republic of Northern Cyprus, Germany, and the Netherlands. It operates through the Turkcell Turkiye, Turkcell International, and Techfin segments.
Communication Services · Telecom Services
TIGO vs TKC FAQ
Which is bigger, Millicom International Cellular S.A. or Turkcell Iletisim Hizmetleri AS?
Millicom International Cellular S.A. (TIGO) is larger, with a market capitalization of $15.22B compared with $4.46B for Turkcell Iletisim Hizmetleri AS (TKC).
Which stock has performed better over the past year, TIGO or TKC?
TIGO returned +86.88% over the past 12 months, compared with -15.79% for TKC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, TIGO or TKC?
TKC has the lower trailing P/E at 9.7, versus 22.9 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 Turkcell Iletisim Hizmetleri AS?
Millicom International Cellular S.A. has the higher yield at 3.31%, compared with 2.07% for Turkcell Iletisim Hizmetleri AS.
Are Millicom International Cellular S.A. and Turkcell Iletisim Hizmetleri AS in the same industry?
Yes. Both are classified in the Telecom Services industry within the Communication Services sector.