Telefonica Brasil S.A. (VIV)
Communications · NYQ
Price as at 1 Oct 2026, 03:35 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Telefonica Brasil S.A. trades at $11.45, which is 134% below the $26.85 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 47 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 18.3 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
VIV dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.852 | 9 |
| 2025 | $0.403 | 7 |
| 2024 | $0.524 | 7 |
| 2023 | $0.602 | 10 |
| 2022 | $0.419 | 6 |
| 2021 | $0.631 | 7 |
| 2020 | $0.909 | 8 |
| 2019 | $0.751 | 4 |
| 2018 | $1.10 | 4 |
| 2017 | $0.937 | 7 |
| 2016 | $0.547 | 7 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
VIV earnings and analyst estimates
Recommendation mix, 7 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Telefonica Brasil S.A.
Telefônica Brasil S.A., together with its subsidiaries, operates as a mobile telecommunications company in Brazil. Its fixed line voice services portfolio includes local, domestic long-distance, and international long-distance calls; and mobile portfolio comprises voice and broadband internet access through 3G, 4G, 4.5G, and 5G, as well as value-added, prepaid plans with data sharing features, family plans, voice mail, caller identification, voice minutes in unlimited bundles to mobile and fixed-line phones, and digital services, and wireless roaming services. The company also offers data services, including broadband and mobile data services; fixed-line local services consist of activation, monthly subscription, public telephones and measured services. In addition, it provides pay TV services through IPTV technologies; network services, such as rental of facilities and other services; wholesale services, including interconnection services to users of other network providers; and digital services that include entertainment, cloud, and security and financial services. Further, the company offers multimedia communication services, which include audio, data, voice and other sounds, images, texts, and other information, as well as sells devices and accessories, such as smartphones, broadband USB modems, and other devices. Additionally, it provides telecommunications solutions and IT support to various industries, such as retail, manufacturing, services, financial institutions, government, etc; insurance services; and sale of wireless devices and consumer electronics. It markets and sells its solutions through Vivo stores, dealers, retail channels, distribution and digital channels, door-to-door sales, and outbound tele sales. The company was formerly known as Telecomunicações de São Paulo S.A. - TELESP and changed its name to Telefônica Brasil S.A. in October 2011. Telefônica Brasil S.A. was incorporated in 1998 and is headquartered in São Paulo, Brazil.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
VIV passes 5 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
7 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Arrowstreet Capital, ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$55.14M · 0.0% of book
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$15.92M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$4.20M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$3.24M · 0.0% of book
- Steve Cohen, Point72 Asset Management, L.P.$1.67M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
VIV peers
The largest companies in the same industry (Telecom Services), then in the same sector.
- NTTYY NTT, Inc.
- AMXOF América Móvil, S.A.B. de C.V.
- KDDIF KDDI Corporation
- SCMWY Swisscom AG
- VOD.L Vodafone Group Public Limited Company
- MTNOY MTN Group Limited
- TEFOF Telefónica, S.A.
- TELNF Telenor ASA
Every communications company we cover is on the Communications hub.
Common questions
Is Telefonica Brasil S.A. (VIV) undervalued?
Against our fair value estimate of $26.85, VIV at $11.45 is 134% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own VIV?
7 of the institutions we track reported a position in VIV in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is VIV's P/E ratio?
VIV trades at 18.3 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Telefonica Brasil S.A. (VIV) pay a dividend?
Yes. Telefonica Brasil S.A. yields 7.00% at the current share price. It has paid $0.852 per share over the trailing twelve months. It has paid a dividend in each of the last 27 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its VIV data?
Fundamentals for VIV come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 03:35 UTC and is delayed. Our data quality score for this company is 96/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for VIV, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.