TELEFONICA BRASIL-ADR (VIV) Stock Fundamental Analysis
NYSE:VIV • US87936R2058
15.71 USD
-0.62 (-3.8%)
At close: Mar 3, 2026
15.71 USD
0 (0%)
After Hours: 3/3/2026, 4:15:00 PM
VIV gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 37 industry peers in the Diversified Telecommunication Services industry. While VIV has a great profitability rating, there are some minor concerns on its financial health. VIV is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- VIV had positive earnings in the past year.
- VIV had a positive operating cash flow in the past year.
- In the past 5 years VIV has always been profitable.
- In the past 5 years VIV always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 4.82%, VIV is in the better half of the industry, outperforming 70.27% of the companies in the same industry.
- The Return On Equity of VIV (8.98%) is better than 67.57% of its industry peers.
- The Return On Invested Capital of VIV (7.97%) is better than 86.49% of its industry peers.
- VIV had an Average Return On Invested Capital over the past 3 years of 7.05%. This is in line with the industry average of 5.99%.
- The 3 year average ROIC (7.05%) for VIV is below the current ROIC(7.97%), indicating increased profibility in the last year.
| Industry Rank | Sector 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%
1.3 Margins
- With a decent Profit Margin value of 10.35%, VIV is doing good in the industry, outperforming 67.57% of the companies in the same industry.
- In the last couple of years the Profit Margin of VIV has remained more or less at the same level.
- The Operating Margin of VIV (16.45%) is better than 70.27% of its industry peers.
- VIV's Operating Margin has improved in the last couple of years.
- The Gross Margin of VIV (44.75%) is worse than 64.86% of its industry peers.
- In the last couple of years the Gross Margin of VIV has remained more or less at the same level.
| Industry Rank | Sector 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%
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
- The debt/assets ratio for VIV has been reduced compared to a year ago.
2.2 Solvency
- VIV has an Altman-Z score of 2.20. 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's Altman-Z score of 2.20 is amongst the best of the industry. VIV outperforms 83.78% of its industry peers.
- 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 has a better Debt to FCF ratio (1.81) than 94.59% of its industry peers.
- A Debt/Equity ratio of 0.22 indicates that VIV is not too dependend on debt financing.
- The Debt to Equity ratio of VIV (0.22) is better than 86.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.22 | ||
| Debt/FCF | 1.81 | ||
| Altman-Z | 2.2 |
ROIC/WACC0.57
WACC14.02%
2.3 Liquidity
- VIV has a Current Ratio of 1.00. 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 worse Current ratio (1.00) than 62.16% of its industry peers.
- VIV has a Quick Ratio of 1.00. This is a bad value and indicates that VIV is not financially healthy enough and could expect problems in meeting 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 Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 0.94 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 11.54% over the past year.
- VIV shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.28% yearly.
- The Revenue has been growing slightly by 6.71% in the past year.
- VIV shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.68% yearly.
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
- Based on estimates for the next years, VIV will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.97% on average per year.
- Based on estimates for the next years, VIV will show a small growth in Revenue. The Revenue will grow by 7.47% on average per year.
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.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 21.52 indicates a rather expensive valuation of VIV.
- 67.57% of the companies in the same industry are more expensive than VIV, based on the Price/Earnings ratio.
- VIV's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.13.
- VIV is valuated correctly with a Price/Forward Earnings ratio of 15.18.
- 72.97% of the companies in the same industry are more expensive than VIV, based on the Price/Forward Earnings ratio.
- Compared to an average S&P500 Price/Forward Earnings ratio of 28.11, VIV is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.52 | ||
| Fwd PE | 15.18 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, VIV is valued a bit cheaper than the industry average as 75.68% of the companies are valued more expensively.
- 64.86% of the companies in the same industry are more expensive than VIV, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.61 | ||
| EV/EBITDA | 6.02 |
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.
- A more expensive valuation may be justified as VIV's earnings are expected to grow with 36.99% in the coming years.
PEG (NY)0.5
PEG (5Y)3.43
EPS Next 2Y30.62%
EPS Next 3Y36.99%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.94%, VIV is not a good candidate for dividend investing.
- VIV's Dividend Yield is a higher than the industry average which is at 2.19.
- With a Dividend Yield of 0.94, VIV pays less dividend than the S&P500 average, which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
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
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%
15.71
-0.62 (-3.8%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)02-23 2026-02-23/bmo
Earnings (Next)05-11 2026-05-11/amc
Inst Owners13.02%
Inst Owner Change-3.21%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap25.10B
Revenue(TTM)59.59B
Net Income(TTM)6.17B
Analysts74.74
Price Target15.42 (-1.85%)
Short Float %1.2%
Short Ratio4.91
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.94% |
Yearly Dividend0.26
Dividend Growth(5Y)-26.28%
DP35.46%
Div Incr Years0
Div Non Decr Years0
Ex-Date02-24 2026-02-24 (0.038928)
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)5.23%
PT rev (3m)1.62%
EPS NQ rev (1m)3.49%
EPS NQ rev (3m)5.22%
EPS NY rev (1m)0%
EPS NY rev (3m)0.56%
Revenue NQ rev (1m)-0.02%
Revenue NQ rev (3m)-0.23%
Revenue NY rev (1m)0.06%
Revenue NY rev (3m)0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.52 | ||
| Fwd PE | 15.18 | ||
| P/S | 2.19 | ||
| P/FCF | 11.61 | ||
| P/OCF | 6.31 | ||
| P/B | 1.9 | ||
| P/tB | 6.3 | ||
| EV/EBITDA | 6.02 |
EPS(TTM)0.73
EY4.65%
EPS(NY)1.03
Fwd EY6.59%
FCF(TTM)1.35
FCFY8.62%
OCF(TTM)2.49
OCFY15.85%
SpS7.16
BVpS8.26
TBVpS2.49
PEG (NY)0.5
PEG (5Y)3.43
Graham Number11.65
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 2.2 |
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 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 21.52 and the Price/Book (PB) ratio is 1.9.
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.