QualityDipStocks / Telecommunications · Telecommunications Equipment
Telefonica Brasil VIV
Outside our quality screen, so we don’t track its dips. It’s 34% below its 52-week high.
Outside our quality screen, trading well below our fair value estimate.
Worth knowing
- Deepest drop from a 52-week high in over 3 years
- FCF yield 11%, top 9% of the 1145 we measure
From the data on this page, as of the last close. How we pick these
- Fair value est.
- $24.10+115%
- Market Value
- —
- Off 52-wk high
- −34%
- Risk vs market
- Lowbeta 0.49
4 bullish · 4 bearish See why
Valuation
What we estimate it's worth, and how it ranks on value vs every stock we cover.
Fair value estimate
How the range is computed
Ten-year free-cash-flow DCF. Same 10-year free-cash-flow model as the base: discount rate 9.5% ±1 point and growth 6.0% ±2 points. Bear = 10.5% and 4.0%; bull = 8.5% and 8.0% (both fade to 3%). A model estimate from public filings, not a forecast of where the price will go.
Price is below even the bear case.
Cyclical / peak cash flow — treat with care
What the price implies To be worth today’s price, VIV’s free cash flow would need to shrink about 7% a year for five years; our estimate uses 6%.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 31 to Nov 2, 252 sessions). Beta = how much VIV moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Moves much less than the market, but its own price swings are 2.7× the S&P 500’s (it moves on its own news).
- Beta vs S&P 500
- 0.49
- Volatility
- 34% vs 13% SPY
- Correlation SPY
- 0.18
- Correlation QQQ
- 0.14
How it ranks
Where VIV stands vs every one of the 1,996 stocks we cover that has the number. Longer bar = better.
Top quarter on 2 of 3 measures
- Discount to fair value estimate115% · price below our base caseTop 6%of 1,314
- Free cash flow yield11% · free cash flow vs market capTop 8%of 1,391
- Dividends + buybacks yield4% · cash paid out or used to retire shares, vs market capTop 36%of 1,836
From SEC filings and our fair value estimate model. A ranking, not advice.
Valuation details
DCF $24.10 · FCF value $197.47
Cyclical / peak cash flow — treat with care
Assumes 6.0% growth for 5 years (default; under two years of revenue in SEC data), fading to 3%; 9.5% discount rate, 3% terminal growth. FCF base $1.28 a share (fiscal year to Dec 31, 2025, converted from BRL at 0.1822, 2 shares per ADR), from the 20-F filed Feb 24, 2026. Net debt $2.4B, not deducted.
Fundamentals
The business itself: sales, profits, cash and debt, from SEC filings.
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 4 of 5
ValuationFree-cash-flow yield of 11.4% (price / FCF 8.7×): $2.1B of free cash in the last 12 months.
ValuationOur DCF fair value estimate is $24.10, 115% above the price (cyclical or peak cash flow, so treat with care).
Cash returnsDividend yield of 2.2% ($399M paid over 12 months, 35% of earnings).
ValuationPrice / book of 1.4×, below the 2.0× median for the 29 Telecommunications companies we cover.
Top bearish points 4 of 5
Balance sheetOperating income covers interest only 2.2× over the last 12 months.
ProfitabilityReturn on equity of 8.9%, below the 16% median for the 28 Telecommunications companies we cover.
GrowthDiluted EPS grew 13% in the last fiscal year, below the 30% median for the 19 Telecommunications companies we cover.
RiskReports earnings Nov 10 (consensus EPS $0.24): results can move the price sharply and reset Market Value.
All fundamentals
P/E 16.0 · FCF yield 11.4% · ROE 9%
Valuation
- P/E
- 16.0×Telecommunications median 14.4×
- Price / FCF
- 8.7×
- FCF yield
- 11.4%
- EV / EBITDA
- n/aD&A or debt not tagged in SEC data
- Price / sales
- n/anot reported in its SEC filings
- Price / book
- 1.43×
- Market cap
- $17.9Bprice × diluted shares
- Enterprise value
- n/anot reported in its SEC filings
Growth
- Revenue, 12 months
- n/anot reported in its SEC filings
- Sales growth, 12 months
- n/ano year-ago 12-month revenue
- Sales growth, 3 yrs
- n/anot reported in its SEC filings
- Diluted EPS, 12 months
- $1.91
- EPS growth, last FY
- +13.0%
- Net income, 12 months
- $1.1B
- Net income growth
- +11%12 months vs before
Profitability
- Gross margin
- n/agross profit isn't reported (common for service and financial companies)
- Operating margin
- n/anot reported in its SEC filings
- Net margin
- n/anot reported in its SEC filings
- FCF margin
- n/anot reported in its SEC filings
- Return on equity
- 9%
- Return on invested capital
- n/aoperating income, debt, equity or cash not tagged
Balance sheet
- Cash & short-term inv.
- $1.3B
- Total debt
- n/anot reported in its SEC filings
- Net cash
- n/acash or debt not tagged in SEC data
- Debt / equity
- n/adebt or equity not tagged in SEC data
- Interest coverage
- 2.2×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- $2.1B
- FCF growth, 12 months
- +7%
- Dividend yield
- 2.22%$399M paid
- Payout ratio
- 35%
- Buybacks, 12 months
- $318M1.8% of market cap
- Share count, 1 year
- n/ano quarterly diluted share count
- Stock-based comp
- n/anot reported in its SEC filings
Trailing 12 months to Dec 31, 2025; balance sheet at Dec 31, 2025. From Telefonica Brasil’s SEC filings, reported in BRL and converted to US dollars. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
The business
FCF $12.6B · Sales +8%
- Free cash flow, 12 months$12.6B
- Free-cash-flow yield11.4%
- Free-cash-flow margin20%
- Gross margin48%
- Operating margin18%
- Return on invested capital35%
- Return on equity10%
- Sales growth (latest quarter vs year-ago quarter)+8%
- Net debt / EBITDA0.6×
Chart & levels
Where the price is vs its key levels and trends.
Key levels
Every level vs today’s $11.23
- 52-wk lowlowest close, 1 year$11.23at the price
- PriceMon Nov 2 close$11.23you are here
- 52-wk highhighest close, 1 year$17.14+52.6%
- Fair value est.base case$24.10+114.6%
Momentum & 52-week range
RSI 36 · 5 days −1.1%
Signals
Reversal signal setups, the public ledger and the next earnings date.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Next report
Nov 10
- DateTue Nov 10, after the close
- Consensus EPS$0.24
- Year-ago EPS$0.22
- QuarterSep/2026
From Nasdaq’s earnings calendar. A report resets Market Value.
VIV is outside our quality screen
One text when a published rule fires on one of the 332 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.
Voices & buzz
Who is talking about it, and how it compares with peers.
Who’s talking about it
Notable investors, executives, analysts and public figures on Telefonica Brasil in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 3, 1:01 PM ET.
Compare with peers
Closest in size in Telecommunications Equipment
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.