COMPARE · Reviewed August 3, 2026
TIGO vs VIV
Verdict: Side-by-side breakdown using the Bull Rankings model. TIGO scored 58.0, VIV scored 59.9 — VIV leads.
Compare another set
TIGO
Millicom International Cellular S.A.
58
$94.30 · $15.8B
fundamentals as of
Score gap
1.9
VIV leads
VIV
Telefônica Brasil S.A.
59.9
$12.72 · $20.3B
fundamentals as of
The model, pillar by pillar (0–100 each)
TIGO
stronger →← stronger
VIV
76
Qualityreturns · margins · balance sheet
63
38
Growthrevenue & earnings expansion
77
68
Valuevaluation vs sector peers
61
TIGO is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
TIGO
VIV
$1.1bC+
FCF
$2.3bB
+0.3%C
Rev
+6.7%C+
3.75C
D/E
0.30A-
12.8xA-
P/E
15.9xB+
0.75A-
PEG
1.01B+
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
TIGO
VIV
43% below
Price vs fair valuelower is cheaper
47% below
~1%/yr
Growth the price implies10-yr FCF · lower = less priced in
~-9%/yr
+33%
1-yr DCF upside
+74%
+75%
5-yr DCF upside
+90%
+163%
10-yr DCF upside
+114%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
TIGO
Why this score
- Raising its dividend
VIV
Why this score
- Raising its dividend
- Diluting shareholders
- Foreign reporter (BRL)
The companies
TIGOMillicom International Cellular S.A.
Why now
Telecom Services · market cap $15.8b. 6% off the 52-week high of $100.75. PEG 0.75 — paying under fair value for the growth rate. 8 sell-side analysts rate this a Hold with a mean 1-yr target of $88.42 (implying -6% upside).
Moat
Net margin 23% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 38% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which.
Risk
D/E 3.75 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer.
VIVTelefônica Brasil S.A.
Why now
Telecom Services · market cap $20.3b. Down 26% from 52-week high of $17.26 — deep drawdown territory. 8 sell-side analysts rate this a Hold with a mean 1-yr target of $15.40 (implying +21% upside).
Moat
FCF converts 174% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Dividend payout 120% of earnings on a 7.6% yield — distribution coverage is thin; one earnings stumble could force a dividend cut.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.