VIV Stock Analysis: Telefonica Brasil | NYSE
Telecom Services | NYSE, USA | Market Cap: 18.439m USD | 12M Return: 11.8% | US87936R2058 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 15.4M
EPS Trend: 31.6%
Qual. Beats: 0
Rev. Trend: 100.0%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Telefônica Brasil S.A. (NYSE: VIV) is a major mobile telecommunications company operating in Brazil, offering a comprehensive suite of fixed-line and mobile services. The company provides local, domestic long-distance, and international voice services, as well as mobile voice and broadband internet access through 3G, 4G, 4.5G, and 5G technologies. Its mobile portfolio includes value-added offerings such as prepaid plans, family plans, data sharing features, caller identification, and wireless roaming services. Beyond consumer offerings, the company provides data services, pay TV through IPTV, network and wholesale services like interconnection, and a range of digital services including entertainment, cloud, security, and financial services.
In addition, Telefônica Brasil offers multimedia communication services, sells devices and accessories such as smartphones and broadband USB modems, and provides IT support and telecommunications solutions to various industries including retail, manufacturing, services, financial institutions, and government. It also engages in insurance services and the sale of consumer electronics. The company markets its solutions through Vivo stores, dealers, retail and digital channels, distribution networks, door-to-door sales, and outbound tele sales. Originally incorporated in 1998 as Telecomunicações de São Paulo S.A. – TELESP, it adopted its current name in October 2011 and is headquartered in São Paulo, Brazil.
As a large-cap stock in the Communication Services sector, Telefônica Brasil operates as part of the highly consolidated integrated telecommunications industry, which combines fixed-line, mobile, broadband, and pay TV services under single providers. Its GICS classification as Integrated Telecommunication Services reflects its multi-service business model, a common structure in markets where operators bundle connectivity with digital and value-added services to drive customer retention and cross-selling opportunities.
- Postpaid and 5G subscriber growth lifts ARPU
- Vivo Fibra broadband scale challenges TIM and Claro
- Brazilian real volatility impacts ADR dollar returns
| Net Income: 6.60b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 0.17 > 1.0 |
| NWC/Revenue: -2.34% < 20% (prev -0.81%; Δ -1.53% < -1%) |
| CFO/TA 0.16 > 3% & CFO 20.4b > Net Income 6.60b |
| Net Debt (25.9b) to EBITDA (25.3b): 1.02 < 3 |
| Current Ratio: 0.95 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.61b) vs 12m ago 0.32% < -2% |
| Gross Margin: 52.04% > 18% (prev 44.00%; Δ 8.04% > 0.5%) |
| Asset Turnover: 48.34% > 50% (prev 45.59%; Δ 2.75% > 0%) |
| Interest Coverage Ratio: 6.64 > 6 (EBIT TTM 9.95b / Interest Expense TTM 1.50b) |
| A: -0.01 (Total Current Assets 27.9b - Total Current Liabilities 29.4b) / Total Assets 129b |
| B: 0.04 (Retained Earnings 5.46b / Total Assets 129b) |
| C: 0.08 (EBIT TTM 9.95b / Avg Total Assets 128b) |
| D: 1.04 (Book Value of Equity 65.4b / Total Liabilities 63.2b) |
| Altman-Z'' = 1.67 = BB |
| DSRI: 1.03 (Receivables 13.4b/12.2b, Revenue 61.7b/57.7b) |
| GMI: 0.85 (GM 44.00% / 52.04%) |
| AQI: 0.98 (AQ_t 0.43 / AQ_t-1 0.43) |
| SGI: 1.07 (Revenue 61.7b / 57.7b) |
| TATA: -0.11 (NI 6.60b - CFO 20.4b) / TA 129b) |
| Beneish M = -3.12 (Cap -4..+1) = AA |
As of October 09, 2026, the stock is trading at USD 12.65 with a total of 1,890,020 shares traded. Over the past week, the price has changed by +11.36%, over one month by +7.77%, over three months by -3.61% and over the past year by +11.83%.
Current recommended Stop Loss: 12.10 (which is 4.3% or 1.6 ATR below the current price).
Telefonica Brasil has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold VIV.
- StrongBuy: 1
- Buy: 1
- Hold: 4
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 14.9 | 17.4% |
Market Cap BRL = 92.5b (18.4b USD * 5.01655 USD.BRL)
P/E Trailing = 14.6076
P/E Forward = 9.8717
P/S = 0.2985
P/B = 1.4952
P/EG = 0.8389
Revenue TTM = 61.7b BRL
EBIT TTM = 9.95b BRL
EBITDA TTM = 25.3b BRL
Long Term Debt = 14.5b BRL (from longTermDebt, last quarter)
Short Term Debt = 5.21b BRL (from shortTermDebt, last quarter)
Debt = 34.5b BRL (from shortLongTermDebtTotal, last quarter) + Leases 14.8b
Net Debt = 25.9b BRL (calculated: Debt 34.5b - CCE 8.56b)
Enterprise Value = 118b BRL (92.5b + Debt 34.5b - CCE 8.56b)
Interest Coverage Ratio = 6.64 (Ebit TTM 9.95b / Interest Expense TTM 1.50b)
EV/FCF = 10.92x (Enterprise Value 118b / FCF TTM 10.9b)
FCF Yield = 9.16% (FCF TTM 10.9b / Enterprise Value 118b)
FCF Margin = 17.58% (FCF TTM 10.9b / Revenue TTM 61.7b)
Net Margin = 10.70% (Net Income TTM 6.60b / Revenue TTM 61.7b)
Gross Margin = 52.04% ((Revenue TTM 61.7b - Cost of Revenue TTM 29.6b) / Revenue TTM)
Gross Margin QoQ = 81.32% (prev 40.65%)
Tobins Q-Ratio = 0.92 (Enterprise Value 118b / Total Assets 129b)
Interest Expense / Debt = 4.34% (Interest Expense 1.50b / Debt 34.5b)
Taxrate = 15.12% (1.18b / 7.79b)
NOPAT = 8.44b (EBIT 9.95b * (1 - 15.12%))
Current Ratio = 0.95 (Total Current Assets 27.9b / Total Current Liabilities 29.4b)
Debt / Equity = 0.53 (Debt 34.5b / totalStockholderEquity, last quarter 65.4b)
Debt / EBITDA = 1.02 (Net Debt 25.9b / EBITDA 25.3b)
Debt / FCF = 2.39 (Net Debt 25.9b / FCF TTM 10.9b)
Total Stockholder Equity = 67.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.17% (Net Income 6.60b / Total Assets 129b)
RoE = 9.74% (Net Income TTM 6.60b / Total Stockholder Equity 67.8b)
RoCE = 12.08% (EBIT 9.95b / Capital Employed (Equity 67.8b + L.T.Debt 14.5b))
RoIC = 8.30% (NOPAT 8.44b / Invested Capital 102b)
WACC = 7.27% (E(92.5b)/V(127b) * Re(8.60%) + D(34.5b)/V(127b) * Rd(4.34%) * (1-Tc(0.15)))
Discount Rate = 8.60% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -91.40 | Cagr: -1.29%
[DCF] Terminal Value 75.96% ; FCFF base≈10.7b ; Y1≈11.1b ; Y5≈12.6b
[DCF] Fair Price = 105.1 (EV 194b - Net Debt 25.9b = Equity 168b / Shares 1.60b; r=8.35% [WACC [floored]]; 5y FCF grow 4.07% → 2.50% )
EPS Correlation: 31.64 | EPS CAGR: 6.30% | SUE: -0.16 | # QB: 0
Revenue Correlation: 99.98 | Revenue CAGR: 7.03% | SUE: 0.03 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.44 | Chg30d=+5.49% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=4.76 | Chg30d=+8.91% | Revisions=-17% | GrowthEPS=+24.5% | GrowthRev=+6.9%
EPS next Year (2027-12-31): EPS=5.38 | Chg30d=+0.99% | Revisions=+29% | GrowthEPS=+13.2% | GrowthRev=+5.4%
[Analyst] Revisions Ratio: +18% (up=5, down=3)