VIV Stock Analysis: Telefonica Brasil | NYSE
Telecom Services | NYSE, USA | Market Cap: 18.119m USD | 12M Return: -4.6% | US87936R2058 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 19.0M
EPS Trend: 31.6%
Qual. Beats: 0
Rev. Trend: 100.0%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.6 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. operates as a mobile telecommunications company in Brazil, providing fixed-line voice services, mobile voice and broadband through 3G, 4G, 4.5G, and 5G networks, pay TV via IPTV, and digital services including cloud, security, and financial offerings. The company also sells devices such as smartphones and USB modems, and provides tailored telecom and IT solutions to industries including retail, manufacturing, services, financial institutions, and government. It distributes its products through Vivo-branded stores, authorized dealers, retail outlets, digital channels, and door-to-door sales teams. Originally incorporated in 1998 as Telecomunicações de São Paulo S.A. (TELESP), the company adopted its current name in October 2011 and is headquartered in São Paulo, Brazil.
Operating within the integrated telecommunications services segment, the company combines fixed-line, mobile, broadband, pay TV, and digital service lines on a single platform-a converged model that supports cross-selling across multiple product categories. This structure requires sustained capital investment in spectrum licenses and network infrastructure to keep pace with successive mobile technology generations. Brazilian telecommunications is one of the largest and most competitive markets in Latin America, where operators commonly rely on bundled service packages to retain subscribers and drive revenue per customer.
- 5G spectrum rollout pressures near-term capex and margins
- Vivo fiber broadband expansion lifts postpaid ARPU
- TIM and Claro competition caps mobile pricing power
| 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 (26.3b) to EBITDA (25.3b): 1.04 < 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: 0.80 (Receivables 10.5b/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 = -3.30 (Cap -4..+1) = AA |
As of August 25, 2026, the stock is trading at USD 11.45 with a total of 862,782 shares traded. Over the past week, the price has changed by +0.44%, over one month by -18.15%, over three months by -14.28% and over the past year by -4.62%.
Current recommended Stop Loss: 11.00 (which is 3.9% or 1.5 ATR below the current price).
Telefonica Brasil has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy VIV.
- StrongBuy: 2
- Buy: 5
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 15 | 31.3% |
Market Cap BRL = 93.1b (18.1b USD * 5.1366 USD.BRL)
P/E Trailing = 14.3625
P/E Forward = 10.6045
P/S = 1.5257
P/B = 1.4405
P/EG = 0.9014
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 = 34.7b BRL (from shortLongTermDebtTotal, last quarter) + Leases 15.0b
Net Debt = 26.3b BRL (calculated: Debt 34.7b - CCE 8.48b)
Enterprise Value = 119b BRL (93.1b + Debt 34.7b - CCE 8.48b)
Interest Coverage Ratio = 6.64 (Ebit TTM 9.95b / Interest Expense TTM 1.50b)
EV/FCF = 11.00x (Enterprise Value 119b / FCF TTM 10.9b)
FCF Yield = 9.09% (FCF TTM 10.9b / Enterprise Value 119b)
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 = 0.93 (Enterprise Value 119b / Total Assets 129b)
Interest Expense / Debt = 4.31% (Interest Expense 1.50b / Debt 34.7b)
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 34.7b / totalStockholderEquity, last quarter 65.4b)
Debt / EBITDA = 1.04 (Net Debt 26.3b / EBITDA 25.3b)
Debt / FCF = 2.42 (Net Debt 26.3b / 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 = 7.08% (E(93.1b)/V(128b) * Re(8.36%) + D(34.7b)/V(128b) * Rd(4.31%) * (1-Tc(0.15)))
Discount Rate = 8.36% (= 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 = 104.9 (EV 194b - Net Debt 26.3b = 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=4.89 | Chg30d=+12.05% | Revisions=+17% | GrowthEPS=+28.0% | GrowthRev=+6.5%
EPS next Year (2027-12-31): EPS=5.36 | Chg30d=+0.46% | Revisions=+17% | GrowthEPS=+9.7% | GrowthRev=+5.4%
[Analyst] Revisions Ratio: +30% (up=5, down=2)