LILA vs TIGO vs AMX

For growth investors, Millicom International Cellular S.

A. (TIGO) is the stronger pick with 2. 5% revenue growth year-over-year, versus -0. 3% for Liberty Latin America Ltd. (LILA). América Móvil, S. A. B. de C. V. (AMX) offers the better valuation at 18. 2x trailing P/E (0. 8x forward), making it the more compelling value choice. Analysts rate Liberty Latin America Ltd. (LILA) a "Buy" — based on 15 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, América Móvil, S.

A. B. de C. V. (AMX) is the cheapest at 18. 2x versus Millicom International Cellular S. A. at 57. 6x. On forward P/E, América Móvil, S. A. B. de C. V. is actually cheaper at 0. 8x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: América Móvil, S. A. B. de C. V. wins at 0. 04x versus Millicom International Cellular S. A. 's 0. 82x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, América Móvil, S.

A. B. de C. V. (AMX) delivered a total return of +258. 8%, compared to -43. 7% for Liberty Latin America Ltd. (LILA). Over 10 years, the gap is even starker: AMX returned +312. 6% versus LILA's -78. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Millicom International Cellular S.

A. (TIGO) is the lower-risk stock at 0. 10β versus Liberty Latin America Ltd. 's 0. 71β — meaning LILA is approximately 635% more volatile than TIGO relative to the S&P 500. On balance sheet safety, Millicom International Cellular S. A. (TIGO) carries a lower debt/equity ratio of 189% versus 9% for Liberty Latin America Ltd. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Millicom International Cellular S.

A. (TIGO) is pulling ahead at 2. 5% versus -0. 3% for Liberty Latin America Ltd. (LILA). On earnings-per-share growth, the picture is similar: Millicom International Cellular S. A. grew EPS 407. 3% year-over-year, compared to 8. 4% for Liberty Latin America Ltd.. Over a 3-year CAGR, TIGO leads at 10. 9% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

América Móvil, S.

A. B. de C. V. (AMX) is the more profitable company, earning 8. 8% net margin versus -13. 8% for Liberty Latin America Ltd. — meaning it keeps 8. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: TIGO leads at 23. 1% versus 16. 2% for LILA. At the gross margin level — before operating expenses — TIGO leads at 75. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, América Móvil, S. A. B. de C. V. (AMX) is the more undervalued stock at a PEG of 0. 04x versus Millicom International Cellular S. A. 's 0. 82x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, América Móvil, S. A. B. de C. V. (AMX) trades at 0. 8x forward P/E versus 16. 6x for Millicom International Cellular S. A. — 15. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for AMX: -1. 3% to $26. 75.

In this comparison, AMX (2.

2% yield) pays a dividend. LILA, TIGO do not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, América Móvil, S.

A. B. de C. V. (AMX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 50), 2. 2% yield, +312. 6% 10Y return). Both have compounded well over 10 years (AMX: +312. 6%, LILA: -78. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Communication Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

AMX pays a dividend while LILA, TIGO do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.