TELEFONICA BRASIL-ADR (VIV) Fundamental Analysis & Valuation

NYSE:VIV • US87936R2058

Current stock price

15.72 USD
+0.1 (+0.64%)
At close:
15.72 USD
0 (0%)
After Hours:

This VIV fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. VIV Profitability Analysis

1.1 Basic Checks

  • In the past year VIV was profitable.
  • In the past year VIV had a positive cash flow from operations.
  • In the past 5 years VIV has always been profitable.
  • Each year in the past 5 years VIV had a positive operating cash flow.
VIV Yearly Net Income VS EBIT VS OCF VS FCFVIV Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

1.2 Ratios

  • VIV's Return On Assets of 4.82% is fine compared to the rest of the industry. VIV outperforms 72.97% of its industry peers.
  • VIV's Return On Equity of 8.98% is fine compared to the rest of the industry. VIV outperforms 70.27% of its industry peers.
  • VIV's Return On Invested Capital of 7.97% is amongst the best of the industry. VIV outperforms 86.49% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for VIV is in line with the industry average of 5.58%.
  • The last Return On Invested Capital (7.97%) for VIV is above the 3 year average (7.05%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.82%
ROE 8.98%
ROIC 7.97%
ROA(3y)4.47%
ROA(5y)4.45%
ROE(3y)8.05%
ROE(5y)7.81%
ROIC(3y)7.05%
ROIC(5y)6.21%
VIV Yearly ROA, ROE, ROICVIV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • VIV has a better Profit Margin (10.35%) than 70.27% of its industry peers.
  • VIV's Profit Margin has been stable in the last couple of years.
  • The Operating Margin of VIV (16.45%) is better than 64.86% of its industry peers.
  • VIV's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 44.75%, VIV is doing worse than 70.27% of the companies in the same industry.
  • VIV's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 16.45%
PM (TTM) 10.35%
GM 44.75%
OM growth 3Y7.77%
OM growth 5Y6.57%
PM growth 3Y6.77%
PM growth 5Y-1.32%
GM growth 3Y1.42%
GM growth 5Y-1.14%
VIV Yearly Profit, Operating, Gross MarginsVIV Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40 50

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. VIV Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VIV is destroying value.
  • Compared to 1 year ago, VIV has less shares outstanding
  • VIV has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for VIV has been reduced compared to a year ago.
VIV Yearly Shares OutstandingVIV Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
VIV Yearly Total Debt VS Total AssetsVIV Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B 100B

2.2 Solvency

  • VIV has an Altman-Z score of 2.15. 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.
  • Looking at the Altman-Z score, with a value of 2.15, VIV belongs to the top of the industry, outperforming 83.78% of the companies in the same industry.
  • VIV has a debt to FCF ratio of 1.81. This is a very positive value and a sign of high solvency as it would only need 1.81 years to pay back of all of its debts.
  • VIV's Debt to FCF ratio of 1.81 is amongst the best of the industry. VIV outperforms 94.59% of its industry peers.
  • A Debt/Equity ratio of 0.22 indicates that VIV is not too dependend on debt financing.
  • With an excellent Debt to Equity ratio value of 0.22, VIV belongs to the best of the industry, outperforming 86.49% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.22
Debt/FCF 1.81
Altman-Z 2.15
ROIC/WACC0.57
WACC14.02%
VIV Yearly LT Debt VS Equity VS FCFVIV Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B

2.3 Liquidity

  • A Current Ratio of 1.00 indicates that VIV may have some problems paying its short term obligations.
  • VIV has a worse Current ratio (1.00) than 62.16% of its industry peers.
  • A Quick Ratio of 0.94 indicates that VIV may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.94, VIV is doing worse than 64.86% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1
Quick Ratio 0.94
VIV Yearly Current Assets VS Current LiabilitesVIV Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B 25B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. VIV Growth Analysis

3.1 Past

  • VIV shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.54%, which is quite good.
  • Measured over the past 5 years, VIV shows a small growth in Earnings Per Share. The EPS has been growing by 6.28% on average per year.
  • The Revenue has been growing slightly by 6.71% in the past year.
  • The Revenue has been growing slightly by 6.68% on average over the past years.
EPS 1Y (TTM)11.54%
EPS 3Y15.45%
EPS 5Y6.28%
EPS Q2Q%1.85%
Revenue 1Y (TTM)6.71%
Revenue growth 3Y7.45%
Revenue growth 5Y6.68%
Sales Q2Q%7.06%

3.2 Future

  • The Earnings Per Share is expected to grow by 15.97% on average over the next years. This is quite good.
  • VIV is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.47% yearly.
EPS Next Y42.71%
EPS Next 2Y30.62%
EPS Next 3Y36.99%
EPS Next 5Y15.97%
Revenue Next Year6.08%
Revenue Next 2Y5.89%
Revenue Next 3Y5.85%
Revenue Next 5Y7.47%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
VIV Yearly Revenue VS EstimatesVIV Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20B 40B 60B 80B
VIV Yearly EPS VS EstimatesVIV Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6 8

More info and screens

Find the best growth stocksShow best growing peers

6

4. VIV Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 21.83 indicates a rather expensive valuation of VIV.
  • Based on the Price/Earnings ratio, VIV is valued a bit cheaper than 67.57% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of VIV to the average of the S&P500 Index (25.96), we can say VIV is valued inline with the index average.
  • The Price/Forward Earnings ratio is 15.38, which indicates a correct valuation of VIV.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of VIV indicates a somewhat cheap valuation: VIV is cheaper than 67.57% of the companies listed in the same industry.
  • VIV is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 24.04, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 21.83
Fwd PE 15.38
VIV Price Earnings VS Forward Price EarningsVIV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, VIV is valued a bit cheaper than 75.68% of the companies in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of VIV indicates a somewhat cheap valuation: VIV is cheaper than 62.16% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 11.76
EV/EBITDA 5.84
VIV Per share dataVIV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

  • VIV's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of VIV may justify a higher PE ratio.
  • VIV's earnings are expected to grow with 36.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.51
PEG (5Y)3.48
EPS Next 2Y30.62%
EPS Next 3Y36.99%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. VIV Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.99%, VIV is not a good candidate for dividend investing.
  • VIV's Dividend Yield is a higher than the industry average which is at 2.17.
  • Compared to an average S&P500 Dividend Yield of 1.91, VIV's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.99%

5.2 History

  • The dividend of VIV decreases each year by -26.28%.
  • VIV has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)-26.28%
Div Incr Years0
Div Non Decr Years0
VIV Yearly Dividends per shareVIV Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • 35.46% of the earnings are spent on dividend by VIV. This is a low number and sustainable payout ratio.
DP35.46%
EPS Next 2Y30.62%
EPS Next 3Y36.99%
VIV Yearly Income VS Free CF VS DividendVIV Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B
VIV Dividend Payout.VIV Dividend Payout, showing the Payout Ratio.VIV Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

VIV Fundamentals: All Metrics, Ratios and Statistics

TELEFONICA BRASIL-ADR

NYSE:VIV (3/17/2026, 5:05:00 PM)

After market: 15.72 0 (0%)

15.72

+0.1 (+0.64%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-23
Earnings (Next)05-11
Inst Owners12.89%
Inst Owner Change-3.14%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap25.12B
Revenue(TTM)59.59B
Net Income(TTM)6.17B
Analysts74.74
Price Target15.42 (-1.91%)
Short Float %1.18%
Short Ratio4.58
Dividend
Industry RankSector Rank
Dividend Yield 0.99%
Yearly Dividend0.26
Dividend Growth(5Y)-26.28%
DP35.46%
Div Incr Years0
Div Non Decr Years0
Ex-Date02-24
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)6.74%
Min EPS beat(2)-1.08%
Max EPS beat(2)14.56%
EPS beat(4)1
Avg EPS beat(4)1.29%
Min EPS beat(4)-5.9%
Max EPS beat(4)14.56%
EPS beat(8)3
Avg EPS beat(8)-1.52%
EPS beat(12)6
Avg EPS beat(12)1.82%
EPS beat(16)7
Avg EPS beat(16)-0.97%
Revenue beat(2)0
Avg Revenue beat(2)-2.5%
Min Revenue beat(2)-2.75%
Max Revenue beat(2)-2.26%
Revenue beat(4)0
Avg Revenue beat(4)-2.57%
Min Revenue beat(4)-2.75%
Max Revenue beat(4)-2.26%
Revenue beat(8)0
Avg Revenue beat(8)-2.68%
Revenue beat(12)0
Avg Revenue beat(12)-2.34%
Revenue beat(16)1
Avg Revenue beat(16)-2.19%
PT rev (1m)0%
PT rev (3m)2.03%
EPS NQ rev (1m)-3.2%
EPS NQ rev (3m)-2.08%
EPS NY rev (1m)0.55%
EPS NY rev (3m)0.79%
Revenue NQ rev (1m)0.11%
Revenue NQ rev (3m)-0.06%
Revenue NY rev (1m)0.2%
Revenue NY rev (3m)0.15%
Valuation
Industry RankSector Rank
PE 21.83
Fwd PE 15.38
P/S 2.22
P/FCF 11.76
P/OCF 6.39
P/B 1.93
P/tB 6.38
EV/EBITDA 5.84
EPS(TTM)0.72
EY4.58%
EPS(NY)1.02
Fwd EY6.5%
FCF(TTM)1.34
FCFY8.51%
OCF(TTM)2.46
OCFY15.65%
SpS7.08
BVpS8.16
TBVpS2.46
PEG (NY)0.51
PEG (5Y)3.48
Graham Number11.5
Profitability
Industry RankSector Rank
ROA 4.82%
ROE 8.98%
ROCE 9.53%
ROIC 7.97%
ROICexc 8.56%
ROICexgc 17.17%
OM 16.45%
PM (TTM) 10.35%
GM 44.75%
FCFM 18.89%
ROA(3y)4.47%
ROA(5y)4.45%
ROE(3y)8.05%
ROE(5y)7.81%
ROIC(3y)7.05%
ROIC(5y)6.21%
ROICexc(3y)7.51%
ROICexc(5y)6.58%
ROICexgc(3y)15.24%
ROICexgc(5y)13.42%
ROCE(3y)8.44%
ROCE(5y)7.45%
ROICexgc growth 3Y13.5%
ROICexgc growth 5Y12.12%
ROICexc growth 3Y15.38%
ROICexc growth 5Y11.05%
OM growth 3Y7.77%
OM growth 5Y6.57%
PM growth 3Y6.77%
PM growth 5Y-1.32%
GM growth 3Y1.42%
GM growth 5Y-1.14%
F-Score8
Asset Turnover0.47
Health
Industry RankSector Rank
Debt/Equity 0.22
Debt/FCF 1.81
Debt/EBITDA 0.61
Cap/Depr 63.28%
Cap/Sales 15.87%
Interest Coverage 4.25
Cash Conversion 83.71%
Profit Quality 182.56%
Current Ratio 1
Quick Ratio 0.94
Altman-Z 2.15
F-Score8
WACC14.02%
ROIC/WACC0.57
Cap/Depr(3y)64.91%
Cap/Depr(5y)70.02%
Cap/Sales(3y)16.49%
Cap/Sales(5y)18.24%
Profit Quality(3y)190.36%
Profit Quality(5y)186.65%
High Growth Momentum
Growth
EPS 1Y (TTM)11.54%
EPS 3Y15.45%
EPS 5Y6.28%
EPS Q2Q%1.85%
EPS Next Y42.71%
EPS Next 2Y30.62%
EPS Next 3Y36.99%
EPS Next 5Y15.97%
Revenue 1Y (TTM)6.71%
Revenue growth 3Y7.45%
Revenue growth 5Y6.68%
Sales Q2Q%7.06%
Revenue Next Year6.08%
Revenue Next 2Y5.89%
Revenue Next 3Y5.85%
Revenue Next 5Y7.47%
EBIT growth 1Y16.8%
EBIT growth 3Y15.79%
EBIT growth 5Y13.69%
EBIT Next Year175.48%
EBIT Next 3Y44.07%
EBIT Next 5Y32.55%
FCF growth 1Y6.7%
FCF growth 3Y7.56%
FCF growth 5Y0.37%
OCF growth 1Y4.23%
OCF growth 3Y3.03%
OCF growth 5Y1.38%

TELEFONICA BRASIL-ADR / VIV Fundamental Analysis 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 6 / 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 7 / 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 21.83 and the Price/Book (PB) ratio is 1.93.


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 42.71% in the next year.