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TIGO vs. CX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between TIGO and CX is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

TIGO vs. CX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Millicom International Cellular S.A. (TIGO) and CEMEX, S.A.B. de C.V. (CX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

TIGO:

2.20

CX:

-0.21

Sortino Ratio

TIGO:

3.07

CX:

-0.01

Omega Ratio

TIGO:

1.38

CX:

1.00

Calmar Ratio

TIGO:

0.63

CX:

-0.10

Martin Ratio

TIGO:

10.47

CX:

-0.41

Ulcer Index

TIGO:

6.00%

CX:

20.67%

Daily Std Dev

TIGO:

28.51%

CX:

41.56%

Max Drawdown

TIGO:

-100.00%

CX:

-93.79%

Current Drawdown

TIGO:

-99.99%

CX:

-73.55%

Fundamentals

Market Cap

TIGO:

$6.26B

CX:

$10.16B

EPS

TIGO:

$2.09

CX:

$0.53

PE Ratio

TIGO:

17.95

CX:

12.92

PEG Ratio

TIGO:

0.55

CX:

0.11

PS Ratio

TIGO:

1.10

CX:

0.64

PB Ratio

TIGO:

1.85

CX:

0.76

Total Revenue (TTM)

TIGO:

$5.69B

CX:

$16.04B

Gross Profit (TTM)

TIGO:

$4.03B

CX:

$5.19B

EBITDA (TTM)

TIGO:

$2.38B

CX:

$1.85B

Returns By Period

In the year-to-date period, TIGO achieves a 60.51% return, which is significantly higher than CX's 21.87% return. Over the past 10 years, TIGO has underperformed CX with an annualized return of -5.16%, while CX has yielded a comparatively higher -1.99% annualized return.


TIGO

YTD

60.51%

1M

10.81%

6M

61.73%

1Y

61.21%

3Y*

33.24%

5Y*

10.55%

10Y*

-5.16%

CX

YTD

21.87%

1M

12.30%

6M

23.84%

1Y

-7.78%

3Y*

14.14%

5Y*

23.68%

10Y*

-1.99%

*Annualized

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CEMEX, S.A.B. de C.V.

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

TIGO vs. CX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TIGO
The Risk-Adjusted Performance Rank of TIGO is 9191
Overall Rank
The Sharpe Ratio Rank of TIGO is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of TIGO is 9595
Sortino Ratio Rank
The Omega Ratio Rank of TIGO is 9292
Omega Ratio Rank
The Calmar Ratio Rank of TIGO is 7676
Calmar Ratio Rank
The Martin Ratio Rank of TIGO is 9595
Martin Ratio Rank

CX
The Risk-Adjusted Performance Rank of CX is 3939
Overall Rank
The Sharpe Ratio Rank of CX is 3838
Sharpe Ratio Rank
The Sortino Ratio Rank of CX is 3636
Sortino Ratio Rank
The Omega Ratio Rank of CX is 3535
Omega Ratio Rank
The Calmar Ratio Rank of CX is 4444
Calmar Ratio Rank
The Martin Ratio Rank of CX is 4242
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TIGO vs. CX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Millicom International Cellular S.A. (TIGO) and CEMEX, S.A.B. de C.V. (CX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current TIGO Sharpe Ratio is 2.20, which is higher than the CX Sharpe Ratio of -0.21. The chart below compares the historical Sharpe Ratios of TIGO and CX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

TIGO vs. CX - Dividend Comparison

TIGO's dividend yield for the trailing twelve months is around 4.67%, more than CX's 1.23% yield.


TTM20242023202220212020201920182017201620152014
TIGO
Millicom International Cellular S.A.
4.67%0.00%0.00%0.00%0.00%0.00%5.47%3.26%3.07%4.89%3.59%2.77%
CX
CEMEX, S.A.B. de C.V.
1.23%1.12%0.00%0.00%0.00%0.00%2.64%0.00%0.00%0.00%0.00%0.00%

Drawdowns

TIGO vs. CX - Drawdown Comparison

The maximum TIGO drawdown since its inception was -100.00%, which is greater than CX's maximum drawdown of -93.79%. Use the drawdown chart below to compare losses from any high point for TIGO and CX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

TIGO vs. CX - Volatility Comparison

The current volatility for Millicom International Cellular S.A. (TIGO) is 5.49%, while CEMEX, S.A.B. de C.V. (CX) has a volatility of 7.45%. This indicates that TIGO experiences smaller price fluctuations and is considered to be less risky than CX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

TIGO vs. CX - Financials Comparison

This section allows you to compare key financial metrics between Millicom International Cellular S.A. and CEMEX, S.A.B. de C.V.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


1.00B2.00B3.00B4.00B5.00B20212022202320242025
1.37B
3.65B
(TIGO) Total Revenue
(CX) Total Revenue
Values in USD except per share items

TIGO vs. CX - Profitability Comparison

The chart below illustrates the profitability comparison between Millicom International Cellular S.A. and CEMEX, S.A.B. de C.V. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

30.0%40.0%50.0%60.0%70.0%80.0%20212022202320242025
77.0%
31.1%
(TIGO) Gross Margin
(CX) Gross Margin
TIGO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Millicom International Cellular S.A. reported a gross profit of 1.06B and revenue of 1.37B. Therefore, the gross margin over that period was 77.0%.

CX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, CEMEX, S.A.B. de C.V. reported a gross profit of 1.13B and revenue of 3.65B. Therefore, the gross margin over that period was 31.1%.

TIGO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Millicom International Cellular S.A. reported an operating income of 423.00M and revenue of 1.37B, resulting in an operating margin of 30.8%.

CX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, CEMEX, S.A.B. de C.V. reported an operating income of 246.60M and revenue of 3.65B, resulting in an operating margin of 6.8%.

TIGO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Millicom International Cellular S.A. reported a net income of 193.00M and revenue of 1.37B, resulting in a net margin of 14.1%.

CX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, CEMEX, S.A.B. de C.V. reported a net income of 733.96M and revenue of 3.65B, resulting in a net margin of 20.1%.