TME vs TIGO
Comparison between Tencent Music Entertainment Group (TME, Company) and Millicom International Cellular S.A. (TIGO, Company).
Both TME and TIGO are from the Communication Services sector.
5-Year PerformanceTIGO has outperformed TME, delivering a return of +15.6% compared to -10.2%
TME vs TIGO - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
TME vs TIGO - Historical Returns
Returns include dividend reinvestment.
TME vs TIGO - Annual Returns (2011 - 2026)
Returns include dividend reinvestment.
| Year | TME | TIGO |
|---|---|---|
| 2026 | -51.33% | +45.74% |
| 2025 | +56.81% | +150.90% |
| 2024 | +31.24% | +38.33% |
| 2023 | +4.77% | +37.93% |
| 2022 | +20.88% | -56.52% |
| 2021 | -64.64% | -26.20% |
| 2020 | +53.18% | -20.25% |
| 2019 | -9.69% | -20.29% |
| 2018 | -5.57% | -1.66% |
| 2017 | N/A | +63.03% |
| 2016 | N/A | -22.03% |
| 2015 | N/A | -21.75% |
| 2014 | N/A | -24.65% |
| 2013 | N/A | +14.27% |
| 2012 | N/A | -14.10% |
| 2011 | N/A | -9.02% |
TME vs TIGO Drawdown Comparison
The maximum drawdown for TME was -90.19%, occurring on Mar 14, 2022. This drawdown has not yet recovered.
The maximum drawdown for TIGO was -88.28%, occurring on Oct 27, 2022. Recovery took 3663 trading sessions.
The current TME drawdown is -72.05%. The current TIGO drawdown is -6.61%.
| Rank | TME | TIGO |
|---|---|---|
| #1 | -90.19% Mar 23, 2021 - Mar 14, 2022 | -88.28% Jul 29, 2011 - Apr 2, 2026 |
| #2 | -50.55% Mar 18, 2019 - Dec 30, 2020 | -11.38% May 31, 2011 - Jul 20, 2011 |
| #3 | -14.29% Dec 12, 2018 - Jan 18, 2019 | -7.52% Apr 30, 2026 - May 11, 2026 |
| #4 | -12.38% Jan 24, 2019 - Feb 12, 2019 | -6.33% Apr 13, 2026 - Apr 20, 2026 |
| #5 | -12.12% Feb 16, 2021 - Mar 18, 2021 | -3.10% Jul 26, 2011 - Jul 29, 2011 |
| #6 | -8.79% Feb 2, 2021 - Feb 16, 2021 | -2.56% Apr 23, 2026 - Apr 30, 2026 |
| #7 | -8.69% Feb 25, 2019 - Mar 18, 2019 | -1.01% Jul 22, 2011 - Jul 26, 2011 |
| #8 | -4.83% Feb 14, 2019 - Feb 19, 2019 | -0.44% Apr 21, 2026 - Apr 23, 2026 |
| #9 | -3.16% Jan 19, 2021 - Jan 22, 2021 | N/A |
| #10 | -2.24% Jan 25, 2021 - Feb 2, 2021 | N/A |
| #11 | -1.67% Jan 6, 2021 - Jan 8, 2021 | N/A |
| #12 | -1.63% Feb 20, 2019 - Feb 22, 2019 | N/A |
| #13 | -1.44% Jan 12, 2021 - Jan 14, 2021 | N/A |
| #14 | -0.87% Feb 12, 2019 - Feb 14, 2019 | N/A |
| #15 | -0.33% Jan 8, 2021 - Jan 12, 2021 | N/A |
Correlation
Correlation between TME and TIGO is 0.48 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
Dividend Comparison (2011 - 2026)
TME vs TIGO dividend yield comparison.
| Year | TME | TIGO |
|---|---|---|
| 2026 | 2.83% | 3.47% |
| 2025 | 1.03% | 8.12% |
| 2024 | 1.21% | 0.00% |
| 2019 | 0.00% | 5.47% |
| 2018 | 0.00% | 4.15% |
| 2017 | 0.00% | 3.92% |
| 2016 | 0.00% | 6.23% |
| 2013 | 0.00% | 2.66% |
| 2012 | 0.00% | 3.48% |
| 2011 | 0.00% | 2.97% |
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