TELEFONICA BRASIL-ADR (VIV) Stock Fundamental Analysis

NYSE:VIV • US87936R2058

16.09 USD
+0.29 (+1.84%)
Last: Feb 12, 2026, 12:11 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

VIV gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 36 industry peers in the Diversified Telecommunication Services industry. VIV has only an average score on both its financial health and profitability. VIV has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

6

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.
  • VIV had positive earnings in each of the past 5 years.
  • In the past 5 years VIV always reported a positive cash flow from operatings.
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 5B 10B 15B

1.2 Ratios

  • With a decent Return On Assets value of 4.89%, VIV is doing good in the industry, outperforming 69.44% of the companies in the same industry.
  • VIV has a Return On Equity of 8.85%. This is in the better half of the industry: VIV outperforms 66.67% of its industry peers.
  • VIV has a better Return On Invested Capital (7.84%) than 86.11% 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 7.00%.
  • 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 RankSector 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%
VIV Yearly ROA, ROE, ROICVIV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

  • VIV's Profit Margin of 10.34% is fine compared to the rest of the industry. VIV outperforms 69.44% of its industry peers.
  • VIV's Profit Margin has declined in the last couple of years.
  • The Operating Margin of VIV (15.52%) is comparable to the rest of the industry.
  • In the last couple of years the Operating Margin of VIV has remained more or less at the same level.
  • VIV's Gross Margin of 44.27% is on the low side compared to the rest of the industry. VIV is outperformed by 63.89% of its industry peers.
  • VIV's Gross Margin has declined in the last couple of years.
Industry RankSector 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%
VIV Yearly Profit, Operating, Gross MarginsVIV Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40 50

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • VIV has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • The number of shares outstanding for VIV has been reduced compared to 1 year ago.
  • The number of shares outstanding for VIV has been increased compared to 5 years ago.
  • Compared to 1 year ago, VIV has a worse debt to assets ratio.
VIV Yearly Shares OutstandingVIV Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 20B 40B 60B 80B 100B

2.2 Solvency

  • An Altman-Z score of 2.24 indicates that VIV is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • VIV has a Altman-Z score of 2.24. This is amongst the best in the industry. VIV outperforms 83.33% of its industry peers.
  • VIV has a debt to FCF ratio of 1.74. This is a very positive value and a sign of high solvency as it would only need 1.74 years to pay back of all of its debts.
  • The Debt to FCF ratio of VIV (1.74) is better than 94.44% of its industry peers.
  • A Debt/Equity ratio of 0.19 indicates that VIV is not too dependend on debt financing.
  • The Debt to Equity ratio of VIV (0.19) is better than 86.11% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.19
Debt/FCF 1.74
Altman-Z 2.24
ROIC/WACC0.55
WACC14.14%
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 20B 40B 60B

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.
  • The Current ratio of VIV (1.02) is comparable to the rest of the industry.
  • 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.
  • Looking at the Quick ratio, with a value of 0.96, VIV is in line with its industry, outperforming 44.44% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.02
Quick Ratio 0.96
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 5B 10B 15B 20B

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

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 14.68% over the past year.
  • 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.
  • Looking at the last year, VIV shows a small growth in Revenue. The Revenue has grown by 6.88% in the last year.
  • Measured over the past years, VIV shows a small growth in Revenue. The Revenue has been growing by 4.76% on average per year.
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

  • The Earnings Per Share is expected to grow by 16.15% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 5.74% on average over the next years.
EPS Next Y16.17%
EPS Next 2Y25.58%
EPS Next 3Y23.81%
EPS Next 5Y16.15%
Revenue Next Year6.87%
Revenue Next 2Y6.4%
Revenue Next 3Y6.2%
Revenue Next 5Y5.74%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
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

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Find the best growth stocksShow best growing peers

5

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 22.04, which indicates a rather expensive current valuation of VIV.
  • Based on the Price/Earnings ratio, VIV is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
  • VIV is valuated rather cheaply when we compare the Price/Earnings ratio to 28.18, which is the current average of the S&P500 Index.
  • The Price/Forward Earnings ratio is 15.58, which indicates a correct valuation of VIV.
  • Based on the Price/Forward Earnings ratio, VIV is valued a bit cheaper than 72.22% of the companies in the same industry.
  • VIV's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.01.
Industry RankSector Rank
PE 22.04
Fwd PE 15.58
VIV Price Earnings VS Forward Price EarningsVIV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • VIV's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. VIV is cheaper than 77.78% of the companies in the same industry.
  • VIV's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 12.81
EV/EBITDA 5.94
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 PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • VIV has a very decent profitability rating, which may justify a higher PE ratio.
  • VIV's earnings are expected to grow with 23.81% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.36
PEG (5Y)N/A
EPS Next 2Y25.58%
EPS Next 3Y23.81%

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

4

5. Dividend

5.1 Amount

  • VIV has a Yearly Dividend Yield of 1.55%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 2.24, VIV pays a bit more dividend than its industry peers.
  • VIV's Dividend Yield is comparable with the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 1.55%

5.2 History

  • The dividend of VIV decreases each year by -26.73%.
  • VIV has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-26.73%
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 0.2 0.4 0.6 0.8 1

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 2Y25.58%
EPS Next 3Y23.81%
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 2B 4B 6B 8B 10B
VIV Dividend Payout.VIV Dividend Payout, showing the Payout Ratio.VIV Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

TELEFONICA BRASIL-ADR

NYSE:VIV (2/12/2026, 12:11:55 PM)

16.09

+0.29 (+1.84%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)10-30
Earnings (Next)02-23
Inst Owners13.02%
Inst Owner Change0.74%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap25.71B
Revenue(TTM)58.57B
Net Income(TTM)6.05B
Analysts75
Price Target15.42 (-4.16%)
Short Float %1.35%
Short Ratio5.93
Dividend
Industry RankSector Rank
Dividend Yield 1.55%
Yearly Dividend0.3
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)5.23%
PT rev (3m)5.98%
EPS NQ rev (1m)5.41%
EPS NQ rev (3m)-5.72%
EPS NY rev (1m)0.03%
EPS NY rev (3m)0.56%
Revenue NQ rev (1m)-0.1%
Revenue NQ rev (3m)-0.39%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.02%
Valuation
Industry RankSector Rank
PE 22.04
Fwd PE 15.58
P/S 2.28
P/FCF 12.81
P/OCF 6.62
P/B 1.95
P/tB 6.38
EV/EBITDA 5.94
EPS(TTM)0.73
EY4.54%
EPS(NY)1.03
Fwd EY6.42%
FCF(TTM)1.26
FCFY7.81%
OCF(TTM)2.43
OCFY15.1%
SpS7.06
BVpS8.25
TBVpS2.52
PEG (NY)1.36
PEG (5Y)N/A
Graham Number11.64
Profitability
Industry RankSector 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 RankSector 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 2.24
F-Score9
WACC14.14%
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 Y16.17%
EPS Next 2Y25.58%
EPS Next 3Y23.81%
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 22.04 and the Price/Book (PB) ratio is 1.95.


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 16.17% in the next year.