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Telefonica Brasil SA
NYSE:VIV

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Telefonica Brasil SA
NYSE:VIV
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Price: 16.18 USD -2% Market Closed
Market Cap: $26.7B

EV/EBITDA

5.6
Current
131%
More Expensive
vs 3-y average of 2.4

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
5.6
=
Enterprise Value
$146.6B
/
EBITDA
R$24.7B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
5.6
=
Enterprise Value
$146.6B
/
EBITDA
R$24.7B

Valuation Scenarios

Telefonica Brasil SA is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (2.4), the stock would be worth $7 (57% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-61%
Maximum Upside
+14%
Average Downside
30%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 5.6 $16.18
0%
3-Year Average 2.4 $7
-57%
5-Year Average 2.2 $6.34
-61%
Industry Average 4.6 $13.28
-18%
Country Average 6.4 $18.47
+14%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
$146.6B
/
Jan 2026
R$24.7B
=
5.6
Current
$146.6B
/
Dec 2026
R$28B
=
5.2
Forward
$146.6B
/
Dec 2027
R$29.7B
=
4.9
Forward
$146.6B
/
Dec 2028
R$30.8B
=
4.8
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
BR
Telefonica Brasil SA
NYSE:VIV
131.1B USD 5.6 21.2
US
Verizon Communications Inc
NYSE:VZ
195.1B USD 6.2 11.4
US
AT&T Inc
NYSE:T
182.1B USD 6.3 8.3
DE
Deutsche Telekom AG
XETRA:DTE
139.3B EUR 5 14.5
JP
Nippon Telegraph and Telephone Corp
TSE:9432
12.6T JPY 5.3 11.7
CN
China Telecom Corp Ltd
SSE:601728
549B CNY 12.1 16.6
SG
Singapore Telecommunications Ltd
SGX:Z74
80.3B SGD 23 13
FR
Orange SA
PAR:ORA
47B EUR 5.7 87.4
SA
Saudi Telecom Company SJSC
SAU:7010
189.1B SAR 7.6 12.8
CH
Swisscom AG
SIX:SCMN
34.2B CHF 7.2 27.1
AU
Telstra Corporation Ltd
ASX:TLS
60B AUD 20.2 26.6

Market Distribution

Lower than 100% of companies in Brazil
Percentile
0th
Based on 483 companies
0th percentile
1.1
Low
0.4 — 5.1
Typical Range
5.1 — 9.2
High
9.2 —
Distribution Statistics
Brazil
Min 0.4
30th Percentile 5.1
Median 6.4
70th Percentile 9.2
Max 1 748.1

Telefonica Brasil SA
Glance View

Market Cap
26.7B USD
Industry
Telecommunication

Telefônica Brasil S.A., operating under the trusted brand name Vivo, is a prominent player in the Brazilian telecommunications landscape. Established as a subsidiary of the Spanish telecommunications giant Telefónica, Telefônica Brasil has adeptly navigated the complexities of Latin America’s largest economy by focusing on its core competencies: mobile and fixed telecommunications services. The company predominantly thrives in the mobile segment, where it offers a range of services from voice calls to data-heavy applications, capitalizing on the increasing smartphone penetration and the booming demand for reliable internet connectivity. Utilizing advanced infrastructure including 4G and burgeoning 5G networks, Vivo provides extensive coverage, ensuring robust service quality to its vast customer base. At the heart of how Telefônica Brasil makes money is its strategic emphasis on innovation and customer-centric solutions. The company derives revenue from a diverse mix of sources—mobile services account for a significant chunk, with a blend of postpaid and prepaid offerings tailored to meet varying consumer demands. Meanwhile, its fixed-line services, encompassing broadband, Pay TV, and fixed telephony, serve as crucial pillars supporting its revenue model. By bundling services and leveraging data-driven insights to enhance customer experience, Vivo promotes long-term loyalty, translating into stable recurring earnings. This approach not only reinforces its brand loyalty but also positions the company as a pivotal enabler of connectivity in the region, crucial to economic and social infrastructure.

VIV Intrinsic Value
10.35 USD
Overvaluation 36%
Intrinsic Value
Price $16.18
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