Millicom International Cellular S.A. (TIGO) vs PT Telekomunikasi Indonesia Tbk (TLK)
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 PT Telekomunikasi Indonesia Tbk (TLK) over the past year, gaining 86.9% versus a loss of 29.1%. Over five years, TIGO leads with a +148.5% price change compared with -51.6% for TLK. Millicom International Cellular S.A. is the larger company by market cap ($15.22 billion vs $12.85 billion), about 1.2 times the size.
On valuation, PT Telekomunikasi Indonesia Tbk trades at a lower forward P/E (10.6x vs 12.9x for Millicom International Cellular S.A.). Millicom International Cellular S.A. pays a dividend yielding 3.31%, while PT Telekomunikasi Indonesia Tbk 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 | TLK |
|---|---|---|
| Share price | $90.77 | $13.04 |
| Market cap | $15.22B | $12.85B |
| 1-day change | +0.34% | +1.40% |
| YTD return | +63.73% | -38.05% |
| 1-year return | +86.88% | -29.05% |
| 5-year return | +148.48% | -51.58% |
| P/E ratio (TTM) | 22.92 | 12.66 |
| Forward P/E | 12.88 | 10.62 |
| EPS (TTM) | $3.96 | $1.03 |
| Dividend yield | 3.31% | 9.37% |
| Annual dividend | $3.00 | $0.00 |
| Revenue (latest FY) | $5.82B | — |
| Revenue growth (YoY) | +0.26% | — |
| Net income (latest FY) | $1.32B | $1.47B |
| Gross margin | 77.47% | — |
| Operating margin | 28.17% | — |
| Net margin | 22.62% | — |
| 52-week high | $107.13 | $23.52 |
| 52-week low | $44.88 | $12.38 |
| Distance from 52-week high | -15.27% | -44.56% |
| Analyst consensus | hold | none |
| Avg. price target upside | +8.39% | +30.37% |
| Average volume | 1.11M | 747.32K |
| Shares outstanding | 167.71M | 985.81M |
| Employees | 14,250 | 17,438 |
| Sector | Communication Services | Telecommunications |
| Industry | Telecom Services | 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 TLK by 115.9 percentage points over the past year.
- Millicom International Cellular S.A. trades at a higher earnings multiple (22.9x vs 12.7x trailing P/E).
- PT Telekomunikasi Indonesia Tbk offers a meaningfully higher dividend yield (9.37% vs 3.31%).
- The two companies sit in different sectors: Millicom International Cellular S.A. in Communication Services and PT Telekomunikasi Indonesia Tbk in Telecommunications.
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 PT Telekomunikasi Indonesia Tbk
TLK stock →Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides information and communications technology, and telecommunications network services worldwide. The company operates through Mobile, Consumer, Enterprise, Wholesale and International Business, and Other segments.
Telecommunications · Telecommunications Equipment · 17,438 employees
TIGO vs TLK FAQ
Which is bigger, Millicom International Cellular S.A. or PT Telekomunikasi Indonesia Tbk?
Millicom International Cellular S.A. (TIGO) is larger, with a market capitalization of $15.22B compared with $12.85B for PT Telekomunikasi Indonesia Tbk (TLK).
Which stock has performed better over the past year, TIGO or TLK?
TIGO returned +86.88% over the past 12 months, compared with -29.05% for TLK (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, TIGO or TLK?
TLK has the lower trailing P/E at 12.7, 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 PT Telekomunikasi Indonesia Tbk?
PT Telekomunikasi Indonesia Tbk has the higher yield at 9.37%, compared with 3.31% for Millicom International Cellular S.A..
Are Millicom International Cellular S.A. and PT Telekomunikasi Indonesia Tbk in the same industry?
No. Millicom International Cellular S.A. is in the Communication Services sector, while PT Telekomunikasi Indonesia Tbk is in Telecommunications.