TELEFONICA BRASIL-ADR (VIV) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VIV - US87936R2058 - ADR
13.6199 USD
+0.62 (+4.77%)
Taking everything into account, VIV scores 6 out of 10 in our fundamental rating. VIV was compared to 37 industry peers in the Diversified Telecommunication Services industry. VIV has an average financial health and profitability rating. VIV is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year VIV was profitable.
- In the past year VIV had a positive cash flow from operations.
- Each year in the past 5 years VIV has been profitable.
- In the past 5 years VIV always reported a positive cash flow from operatings.
1.2 Ratios
- The Return On Assets of VIV (4.89%) is better than 70.27% of its industry peers.
- With a decent Return On Equity value of 8.85%, VIV is doing good in the industry, outperforming 70.27% of the companies in the same industry.
- VIV has a better Return On Invested Capital (7.84%) than 86.49% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for VIV is in line with the industry average of 6.52%.
- The last Return On Invested Capital (7.84%) for VIV is above the 3 year average (6.41%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.89% | ||
| ROE | 8.85% | ||
| ROIC | 7.84% |
ROA(3y)4.01%
ROA(5y)4.36%
ROE(3y)7.05%
ROE(5y)7.39%
ROIC(3y)6.41%
ROIC(5y)5.75%
1.3 Margins
- VIV has a Profit Margin of 10.34%. This is in the better half of the industry: VIV outperforms 72.97% of its industry peers.
- VIV's Profit Margin has declined in the last couple of years.
- With a decent Operating Margin value of 15.52%, VIV is doing good in the industry, outperforming 62.16% of the companies in the same industry.
- In the last couple of years the Operating Margin of VIV has remained more or less at the same level.
- VIV has a Gross Margin of 44.27%. This is in the lower half of the industry: VIV underperforms 62.16% of its industry peers.
- VIV's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.52% | ||
| PM (TTM) | 10.34% | ||
| GM | 44.27% |
OM growth 3Y9.5%
OM growth 5Y1.09%
PM growth 3Y-11.16%
PM growth 5Y-2.54%
GM growth 3Y0.11%
GM growth 5Y-2.57%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VIV is destroying value.
- VIV has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, VIV has more shares outstanding
- VIV has a worse debt/assets ratio than last year.
2.2 Solvency
- VIV has an Altman-Z score of 2.03. This is not the best score and indicates that VIV is in the grey zone with still only limited risk for bankruptcy at the moment.
- VIV has a Altman-Z score of 2.03. This is amongst the best in the industry. VIV outperforms 83.78% of its industry peers.
- The Debt to FCF ratio of VIV is 1.74, which is an excellent value as it means it would take VIV, only 1.74 years of fcf income to pay off all of its debts.
- With an excellent Debt to FCF ratio value of 1.74, VIV belongs to the best of the industry, outperforming 94.59% of the companies in the same industry.
- A Debt/Equity ratio of 0.19 indicates that VIV is not too dependend on debt financing.
- VIV has a better Debt to Equity ratio (0.19) than 86.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 1.74 | ||
| Altman-Z | 2.03 |
ROIC/WACC0.55
WACC14.32%
2.3 Liquidity
- VIV has a Current Ratio of 1.02. This is a normal value and indicates that VIV is financially healthy and should not expect problems in meeting its short term obligations.
- VIV has a Current ratio (1.02) which is in line with its industry peers.
- VIV has a Quick Ratio of 1.02. This is a bad value and indicates that VIV is not financially healthy enough and could expect problems in meeting its short term obligations.
- VIV has a Quick ratio (0.96) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.02 | ||
| Quick Ratio | 0.96 |
3. Growth
3.1 Past
- VIV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.68%, which is quite good.
- Measured over the past years, VIV shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.63% on average per year.
- The Revenue has been growing slightly by 6.88% in the past year.
- VIV shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.76% yearly.
EPS 1Y (TTM)14.68%
EPS 3Y-3.1%
EPS 5Y-10.63%
EPS Q2Q%15.69%
Revenue 1Y (TTM)6.88%
Revenue growth 3Y8.24%
Revenue growth 5Y4.76%
Sales Q2Q%6.48%
3.2 Future
- Based on estimates for the next years, VIV will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.15% on average per year.
- The Revenue is expected to grow by 5.74% on average over the next years.
EPS Next Y16.48%
EPS Next 2Y25.37%
EPS Next 3Y23.63%
EPS Next 5Y16.15%
Revenue Next Year6.87%
Revenue Next 2Y6.4%
Revenue Next 3Y6.2%
Revenue Next 5Y5.74%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 19.46 indicates a rather expensive valuation of VIV.
- Based on the Price/Earnings ratio, VIV is valued a bit cheaper than the industry average as 70.27% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 27.32, VIV is valued a bit cheaper.
- VIV is valuated correctly with a Price/Forward Earnings ratio of 13.68.
- Based on the Price/Forward Earnings ratio, VIV is valued a bit cheaper than the industry average as 75.68% of the companies are valued more expensively.
- VIV is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.30, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.46 | ||
| Fwd PE | 13.68 |
4.2 Price Multiples
- 89.19% of the companies in the same industry are more expensive than VIV, based on the Enterprise Value to EBITDA ratio.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of VIV is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.2 | ||
| EV/EBITDA | 5.12 |
4.3 Compensation for Growth
- VIV's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of VIV may justify a higher PE ratio.
- VIV's earnings are expected to grow with 23.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.18
PEG (5Y)N/A
EPS Next 2Y25.37%
EPS Next 3Y23.63%
5. Dividend
5.1 Amount
- VIV has a Yearly Dividend Yield of 1.86%. Purely for dividend investing, there may be better candidates out there.
- VIV's Dividend Yield is a higher than the industry average which is at 2.33.
- VIV's Dividend Yield is comparable with the S&P500 average which is at 1.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.86% |
5.2 History
- The dividend of VIV decreases each year by -26.73%.
- VIV has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-26.73%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- VIV pays out 42.62% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP42.62%
EPS Next 2Y25.37%
EPS Next 3Y23.63%
NYSE:VIV (1/22/2026, 3:54:08 PM)
13.6199
+0.62 (+4.77%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)10-30 2025-10-30/amc
Earnings (Next)02-23 2026-02-23/bmo
Inst Owners13.02%
Inst Owner Change0.13%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap21.83B
Revenue(TTM)58.57B
Net Income(TTM)6.05B
Analysts75
Price Target14.66 (7.64%)
Short Float %1.37%
Short Ratio6.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.86% |
Yearly Dividend0.29
Dividend Growth(5Y)-26.73%
DP42.62%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.33%
Min EPS beat(2)-5.9%
Max EPS beat(2)14.56%
EPS beat(4)2
Avg EPS beat(4)2.01%
Min EPS beat(4)-5.9%
Max EPS beat(4)14.56%
EPS beat(8)4
Avg EPS beat(8)0.1%
EPS beat(12)6
Avg EPS beat(12)1.63%
EPS beat(16)8
Avg EPS beat(16)3.46%
Revenue beat(2)0
Avg Revenue beat(2)-2.65%
Min Revenue beat(2)-2.75%
Max Revenue beat(2)-2.56%
Revenue beat(4)0
Avg Revenue beat(4)-2.66%
Min Revenue beat(4)-2.75%
Max Revenue beat(4)-2.56%
Revenue beat(8)0
Avg Revenue beat(8)-2.8%
Revenue beat(12)0
Avg Revenue beat(12)-2.35%
Revenue beat(16)1
Avg Revenue beat(16)-2.17%
PT rev (1m)-3.04%
PT rev (3m)3.57%
EPS NQ rev (1m)-0.17%
EPS NQ rev (3m)-11.25%
EPS NY rev (1m)-0.21%
EPS NY rev (3m)-1.08%
Revenue NQ rev (1m)-0.13%
Revenue NQ rev (3m)-0.29%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.46 | ||
| Fwd PE | 13.68 | ||
| P/S | 1.99 | ||
| P/FCF | 11.2 | ||
| P/OCF | 5.79 | ||
| P/B | 1.71 | ||
| P/tB | 5.58 | ||
| EV/EBITDA | 5.12 |
EPS(TTM)0.7
EY5.14%
EPS(NY)1
Fwd EY7.31%
FCF(TTM)1.22
FCFY8.93%
OCF(TTM)2.35
OCFY17.26%
SpS6.83
BVpS7.99
TBVpS2.44
PEG (NY)1.18
PEG (5Y)N/A
Graham Number11.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.89% | ||
| ROE | 8.85% | ||
| ROCE | 9.09% | ||
| ROIC | 7.84% | ||
| ROICexc | 8.41% | ||
| ROICexgc | 17.16% | ||
| OM | 15.52% | ||
| PM (TTM) | 10.34% | ||
| GM | 44.27% | ||
| FCFM | 17.79% |
ROA(3y)4.01%
ROA(5y)4.36%
ROE(3y)7.05%
ROE(5y)7.39%
ROIC(3y)6.41%
ROIC(5y)5.75%
ROICexc(3y)6.73%
ROICexc(5y)6.07%
ROICexgc(3y)13.87%
ROICexgc(5y)12.32%
ROCE(3y)7.43%
ROCE(5y)6.68%
ROICexgc growth 3Y16.7%
ROICexgc growth 5Y5.97%
ROICexc growth 3Y15.84%
ROICexc growth 5Y4.31%
OM growth 3Y9.5%
OM growth 5Y1.09%
PM growth 3Y-11.16%
PM growth 5Y-2.54%
GM growth 3Y0.11%
GM growth 5Y-2.57%
F-Score9
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | 1.74 | ||
| Debt/EBITDA | 0.55 | ||
| Cap/Depr | 65.34% | ||
| Cap/Sales | 16.6% | ||
| Interest Coverage | 3.93 | ||
| Cash Conversion | 84.03% | ||
| Profit Quality | 172.08% | ||
| Current Ratio | 1.02 | ||
| Quick Ratio | 0.96 | ||
| Altman-Z | 2.03 |
F-Score9
WACC14.32%
ROIC/WACC0.55
Cap/Depr(3y)69.87%
Cap/Depr(5y)72.13%
Cap/Sales(3y)18.07%
Cap/Sales(5y)18.91%
Profit Quality(3y)203.34%
Profit Quality(5y)196.48%
High Growth Momentum
Growth
EPS 1Y (TTM)14.68%
EPS 3Y-3.1%
EPS 5Y-10.63%
EPS Q2Q%15.69%
EPS Next Y16.48%
EPS Next 2Y25.37%
EPS Next 3Y23.63%
EPS Next 5Y16.15%
Revenue 1Y (TTM)6.88%
Revenue growth 3Y8.24%
Revenue growth 5Y4.76%
Sales Q2Q%6.48%
Revenue Next Year6.87%
Revenue Next 2Y6.4%
Revenue Next 3Y6.2%
Revenue Next 5Y5.74%
EBIT growth 1Y9.97%
EBIT growth 3Y18.52%
EBIT growth 5Y5.9%
EBIT Next Year181.75%
EBIT Next 3Y48.97%
EBIT Next 5Y29%
FCF growth 1Y-1.34%
FCF growth 3Y6.33%
FCF growth 5Y3.51%
OCF growth 1Y2.63%
OCF growth 3Y3.22%
OCF growth 5Y2.32%
TELEFONICA BRASIL-ADR / VIV FAQ
Can you provide the ChartMill fundamental rating for TELEFONICA BRASIL-ADR?
ChartMill assigns a fundamental rating of 6 / 10 to VIV.
What is the valuation status for VIV stock?
ChartMill assigns a valuation rating of 5 / 10 to TELEFONICA BRASIL-ADR (VIV). This can be considered as Fairly Valued.
How profitable is TELEFONICA BRASIL-ADR (VIV) stock?
TELEFONICA BRASIL-ADR (VIV) has a profitability rating of 6 / 10.
What is the valuation of TELEFONICA BRASIL-ADR based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TELEFONICA BRASIL-ADR (VIV) is 19.46 and the Price/Book (PB) ratio is 1.71.
What is the earnings growth outlook for TELEFONICA BRASIL-ADR?
The Earnings per Share (EPS) of TELEFONICA BRASIL-ADR (VIV) is expected to grow by 16.48% in the next year.