# Telefonica Brasil S.A. American (VIV) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Communication Services / Diversified Telecommunication Services. Price $11.66, market value $18.6 billion.

## Valuation
- **P/E (trailing): 14.4×** (5-yr avg 4.9×, 3-yr avg 5.4×). Telefonica Brasil S.A. American trades at 14.4× trailing earnings, well above its own five-year average of 4.9×: investors are paying up relative to the company's past. The Communication Services median in the September 2026 study was 21.1×. Forward P/E is 11.1×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.85**. A PEG of 0.85 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.5×**. Each dollar of revenue is priced at 1.5×.
- **Price / book: 1.5×**. The shares trade at 1.5× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 4.4×**. Enterprise value is 4.4× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 11.2%** (5-yr avg 39.5%). Free cash flow equals 11.2% of the market value, below its five-year average of 39.5%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 6.9%**. The inverse of the P/E: 6.9% of the price is earned each year.

## Profitability
- **Gross margin: 45.0%**. Telefonica Brasil S.A. American keeps 45.0% of revenue after the direct cost of what it sells.
- **Operating margin: 17.1%**. 17.1% of revenue is left after running the business, a healthy level in most sectors.
- **Return on equity: 9.0%**. 9.0% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 10.9%**. Return on all capital, debt included, is 10.9%.
- **Return on assets: 5.2%**. Each dollar of assets produces 5.2% of profit.

## Growth
- **EPS growth (1 yr): 13.0%** (3-yr 16.1%/yr). Earnings per share rose 13.0%.
- **Free-cash-flow growth (3 yr): 7.6%/yr**. Free cash flow has compounded at 7.6% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.29**. Debt is 0.29 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.5×**. It would take 0.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 7.2×**. Operating profit covers interest 7.2× over, a safe margin.

## Dividends
- **Dividend yield: 8.52%** ($0.99 per share, trailing). Telefonica Brasil S.A. American yields 8.52%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 35%** (26% of free cash flow). 35% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): -8.4%/yr** (1-yr 11.9%). The dividend has not grown over five years.
- **Shareholder yield: 11.5%**. Dividends plus net buybacks return 11.5% of the market value a year.

## Price and momentum
- **Total return (1 yr): -0.3%** (YTD 3.7%, 3-mo -8.4%). The shares are down 0.3% over twelve months including dividends.
- **From 52-week high: -32.4%** (4.3% above the low). Trading 32% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 44**. An RSI of 44 is neutral.
- **Beta (1 yr): 0.61** (volatility 30%). Beta of 0.61 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=VIV · Page: https://foliofundamentals.com/stocks/viv

Not investment advice.