NFLX
Netflix, Inc.
NFLX has the edge over TIGO overall, supported by stronger valuation and stronger modeled upside.
TIGO
Millicom International Cellular S.A.
TIGO trails on the overall score without a compensating advantage in the available component scores.
NFLX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
NFLX's revenue, profitability, cash flow and balance sheet are all currently healthy.
TIGO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Strong | |
| Under pressure |
TIGO's revenue, profitability and cash flow are currently healthy, but its balance sheet is under pressure.
NFLX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 17x | $62.69 | — |
| Current | 18x | $62.69 | — |
| Cheap | 27x | $94.95 | +51% |
| Fair | 47x | $161 | +157% |
| Expensive | 81x | $281 | +348% |
Historical ranges are pointers, not guarantees.
NFLX has the edge over TIGO in the historical PE scenario, which offers more potential upside but is not a forecast.
TIGO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.8x | $34.70 | -57% |
| Fair | 14x | $56.42 | -30% |
| Current | 20x | $80.83 | — |
| Forward | 21x | $80.83 | — |
| Expensive | 32x | $127 | +58% |
Historical ranges are pointers, not guarantees.
TIGO's PE is in its fair range at 20x. On analysts' estimates for next year's earnings, today's price would be 21x.
NFLX Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
NFLX has the edge over TIGO on the outlook, with more favorable earnings and profitability expectations.
TIGO Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Stable | |
| Growth | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect TIGO's revenue to grow, but its profitability to weaken. However, they disagree widely on these estimates.
NFLX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.58 | +3.5% |
| Q3 2026 | $3.46 | +45% |
| Q2 2026 | $3.18 | +35% |
| Q1 2026 | $3.10 | +46% |
| Q4 2025 | $2.53 | +28% |
| Q3 2025 | $2.39 | +35% |
| Q2 2025 | $2.35 | +47% |
| Q1 2025 | $2.12 | +47% |
| Q4 2024 | $1.98 | +65% |
NFLX has the edge over TIGO on earnings, with more consistent year-over-year improvement.
TIGO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.89 | -1.8% |
| Q2 2026 | $3.96 | -30% |
| Q1 2026 | $7.34 | +256% |
| Q4 2025 | $7.83 | +436% |
| Q3 2025 | $6.50 | +614% |
| Q2 2025 | $5.64 | +810% |
| Q1 2025 | $2.06 | +5050% |
| Q4 2024 | $1.46 | +$1.94 |
| Q3 2024 | $0.91 | +314% |
TIGO earned $3.96 per share over the past year, down 30% from the year before.
NFLX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $12.9B | +12% |
| Q2 2026 | $12.6B | +13% |
| Q1 2026 | $12.2B | +16% |
| Q4 2025 | $12.1B | +18% |
| Q3 2025 | $11.5B | +17% |
| Q2 2025 | $11.1B | +16% |
| Q1 2025 | $10.5B | +13% |
| Q4 2024 | $10.2B | +16% |
NFLX has the edge over TIGO on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 35% | +6.4 points |
| Q2 2026 | 33% | -0.7 points |
| Q1 2026 | 32% | +0.5 points |
| Q4 2025 | 25% | +2.4 points |
| Q3 2025 | 28% | -1.4 points |
| Q2 2025 | 34% | +6.8 points |
| Q1 2025 | 32% | +3.7 points |
| Q4 2024 | 22% | +5.2 points |
NFLX has the edge over TIGO on profitability, with a higher operating margin.
TIGO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $2.2B | +59% |
| Q1 2026 | $2B | +44% |
| Q4 2025 | $1.7B | +16% |
| Q3 2025 | $1.4B | -0.8% |
| Q2 2025 | $1.4B | -5.9% |
| Q1 2025 | $1.4B | -7.6% |
| Q4 2024 | $1.4B | -3.2% |
| Q3 2024 | $1.4B | +0.5% |
TIGO's revenue has picked up after two years of holding roughly level: $2.2B last quarter, up 59% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 22% | -3.5 points |
| Q1 2026 | 20% | -5 points |
| Q4 2025 | 28% | +2.2 points |
| Q3 2025 | 27% | +7.5 points |
| Q2 2025 | 26% | +3.4 points |
| Q1 2025 | 25% | +4.6 points |
| Q4 2024 | 26% | +12 points |
| Q3 2024 | 20% | +6.2 points |
TIGO's operating margin was 22% last quarter, down 3.5 points from the same quarter a year ago.
NFLX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.9B | +8.4% |
| Q2 2026 | $1.5B | -33% |
| Q1 2026 | $5.1B | +91% |
| Q4 2025 | $1.9B | +36% |
| Q3 2025 | $2.7B | +21% |
| Q2 2025 | $2.3B | +87% |
| Q1 2025 | $2.7B | +25% |
| Q4 2024 | $1.4B | -13% |
NFLX generated $11.4B in free cash flow over the past year, up 27% from the year before.
TIGO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $464M | +50% |
| Q1 2026 | $449M | +94% |
| Q4 2025 | $291M | +4.4% |
| Q3 2025 | $338.6M | +19% |
| Q2 2025 | $310.1M | +3.7% |
| Q1 2025 | $232M | +98% |
| Q4 2024 | $278.7M | +53% |
| Q3 2024 | $284M | +122% |
TIGO has the edge over NFLX on cash flow, with more consistent year-over-year improvement.
NFLX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.6% | -66.2M shares |
| 1 year | -3.3% | -145M shares |
| 3 years | -6.8% | -305M shares |
| 5 years | -7.8% | -354M shares |
| Available history | -7.1% | -323M shares |
NFLX has the edge over TIGO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.8B |
| Q2 2026 | $4.7B |
| Q1 2026 | $1.3B |
| Q4 2025 | $2.1B |
| Q3 2025 | $1.9B |
| Q2 2025 | $1.7B |
| Q1 2025 | $3.5B |
| Q4 2024 | $963.7M |
NFLX spent $12.9B buying back its own shares over the past year, up 61% from the year before.
TIGO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +474K shares |
| 1 year | +0.2% | +370K shares |
| 3 years | -1.9% | -3.3M shares |
| 5 years | +30% | +38.9M shares |
| Available history | +30% | +39.2M shares |
TIGO has 168M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | $883,389 |
| Q2 2025 | $4.6M |
| Q1 2025 | $119M |
| Q4 2024 | $31.9M |
| Q3 2024 | $33M |
TIGO has spent almost nothing on buybacks in the past year.
NFLX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.4x | Very low |
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.4x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.7x | Very low |
| Q4 2024 | 0.7x | Very low |
NFLX has the edge over TIGO on leverage, with a lower net debt burden relative to earnings.
TIGO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.3x | Elevated |
| Q1 2026 | 3.0x | Moderate |
| Q4 2025 | 2.3x | Moderate |
| Q3 2025 | 2.1x | Moderate |
| Q2 2025 | 2.2x | Moderate |
| Q1 2025 | 2.6x | Moderate |
| Q4 2024 | 2.5x | Moderate |
| Q3 2024 | 2.6x | Moderate |
TIGO's net debt is about 3.3 years of its operating earnings (EBITDA), up from 2.2 years a year ago.
NFLX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.2 | Neutral |
| Stochastic | 6.0 | Oversold |
NFLX's weekly RSI is 33 (neutral) and its Stochastic is 6 (oversold).
TIGO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.8 | Neutral |
| Stochastic | 17.5 | Oversold |
TIGO's weekly RSI is 45 (neutral) and its Stochastic is 17 (oversold).
NFLX PE vs Communication Services Sector
| Metric | NFLX | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 16x | 9.8% above |
| PE % | 4 | 26 | 22 pts below |
NFLX has the edge over TIGO on valuation relative to its sector.
TIGO PE vs Communication Services Sector
| Metric | TIGO | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 16x | 24% above |
| PE % | 62 | 26 | 36 pts above |
TIGO is trading at 20x earnings, a 24% premium to the Communication Services sector's median of 16x.
NFLX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $66.6 | 5.9% below |
| 20 week MA | $71.8 | 13% below |
| 50 week MA | $82.4 | 24% below |
| 100 week MA | $96.0 | 35% below |
| 200 week MA | $74.4 | 16% below |
NFLX is in a downtrend: it's below all five of its weekly moving averages, and 16% below its 200-week average.
TIGO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $83.2 | 2.8% below |
| 20 week MA | $90.4 | 11% below |
| 50 week MA | $79.2 | 2% above |
| 100 week MA | $58.3 | 39% above |
| 200 week MA | $39.2 | 106% above |
TIGO has the edge over NFLX on trend strength, trading above more of its moving averages.
NFLX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $32.9 | $51.4 | +56% |
| 2021 | $51.4 | $61.4 | +19% |
| 2022 | $61.4 | $29.5 | -52% |
| 2023 | $29.5 | $48.7 | +65% |
| 2024 | $48.7 | $90.8 | +86% |
| 2025 | $90.8 | $94.5 | +4.1% |
| 2026 YTD | $94.5 | $62.7 | -34% |
NFLX is down 34% so far in 2026, after finishing higher in five of the previous six years.
TIGO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $48.2 | $38.6 | -20% |
| 2021 | $38.6 | $27.3 | -29% |
| 2022 | $27.3 | $12.9 | -53% |
| 2023 | $12.9 | $18.0 | +40% |
| 2024 | $18.0 | $24.9 | +38% |
| 2025 | $24.9 | $54.8 | +120% |
| 2026 YTD | $54.8 | $80.8 | +48% |
TIGO has the edge over NFLX on returns for 2026, with the stronger performance.