Telefônica 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, fa… Read more
Telefônica Brasil S.A. (VIVT3) - Net Assets
Latest net assets as of September 2025: R$68.50 Billion BRL
Based on the latest financial reports, Telefônica Brasil S.A. (VIVT3) has net assets worth R$68.50 Billion BRL as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$123.90 Billion) and total liabilities (R$55.40 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$68.50 Billion |
| % of Total Assets | 55.29% |
| Annual Growth Rate | 6.59% |
| 5-Year Change | 0.35% |
| 10-Year Change | 1.8% |
| Growth Volatility | 135770.03 |
Telefônica Brasil S.A. - Net Assets Trend (1998–2024)
This chart illustrates how Telefônica Brasil S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Telefônica Brasil S.A. (1998–2024)
The table below shows the annual net assets of Telefônica Brasil S.A. from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$69.80 Billion | +0.25% |
| 2023-12-31 | R$69.63 Billion | +1.71% |
| 2022-12-31 | R$68.46 Billion | -2.32% |
| 2021-12-31 | R$70.08 Billion | +0.76% |
| 2020-12-31 | R$69.56 Billion | -1.28% |
| 2019-12-31 | R$70.46 Billion | -1.61% |
| 2018-12-31 | R$71.61 Billion | +3.09% |
| 2017-12-31 | R$69.46 Billion | +0.31% |
| 2016-12-31 | R$69.24 Billion | +0.99% |
| 2015-12-31 | R$68.57 Billion | +52.54% |
| 2014-12-31 | R$44.95 Billion | +4.79% |
| 2013-12-31 | R$42.89 Billion | -4.00% |
| 2012-12-31 | R$44.68 Billion | +3.12% |
| 2011-12-31 | R$43.33 Billion | +271.39% |
| 2010-12-31 | R$11.67 Billion | +3.25% |
| 2009-12-31 | R$11.30 Billion | +12.49% |
| 2008-12-31 | R$10.05 Billion | +1.43% |
| 2007-12-31 | R$9.90 Billion | -6.42% |
| 2006-12-31 | R$10.58 Billion | +16.27% |
| 2005-12-31 | R$9.10 Billion | -20.12% |
| 2004-12-31 | R$11.40 Billion | +706014.47% |
| 2003-12-31 | R$1.61 Million | -99.99% |
| 2002-12-31 | R$16.26 Billion | -4.89% |
| 2001-12-31 | R$17.10 Billion | -2.39% |
| 2000-12-31 | R$17.52 Billion | +7.90% |
| 1999-12-31 | R$16.23 Billion | +22.15% |
| 1998-12-31 | R$13.29 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Telefônica Brasil S.A.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 203.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$7.52 Billion | 10.79% |
| Common Stock | R$62.07 Billion | 89.02% |
| Other Comprehensive Income | R$135.14 Million | 0.19% |
| Total Equity | R$69.73 Billion | 100.00% |
Telefônica Brasil S.A. Competitors by Market Cap
The table below lists competitors of Telefônica Brasil S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atour Lifestyle Holdings Limited American Depositary Shares
NASDAQ:ATAT
|
$4.79 Billion |
|
Crispr Therapeutics AG
NASDAQ:CRSP
|
$4.79 Billion |
|
Hoa Phat Group JSC
VN:HPG
|
$4.79 Billion |
|
Paylocity Holdng
NASDAQ:PCTY
|
$4.79 Billion |
|
Primo Brands Corporation
NYSE:PRMB
|
$4.77 Billion |
|
COM.INTL BK GDR S LE 10
F:CIN
|
$4.77 Billion |
|
Bajaj Holdings & Investment Limited
NSE:BAJAJHLDNG
|
$4.77 Billion |
|
Showa Denko K.K
PINK:SHWDF
|
$4.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Telefônica Brasil S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 69,566,795,000 to 69,729,582,000, a change of 162,787,000 (0.2%).
- Net income of 5,547,948,000 contributed positively to equity growth.
- Dividend payments of 2,532,399,000 reduced retained earnings.
- Share repurchases of 2,760,862,000 reduced equity.
- Other comprehensive income increased equity by 25,146,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$5.55 Billion | +7.96% |
| Dividends Paid | R$2.53 Billion | -3.63% |
| Share Repurchases | R$2.76 Billion | -3.96% |
| Other Comprehensive Income | R$25.15 Million | +0.04% |
| Other Changes | R$-117.05 Million | -0.17% |
| Total Change | R$- | 0.23% |
Book Value vs Market Value Analysis
This analysis compares Telefônica Brasil S.A.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.96x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.48x to 0.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | R$27.42 | R$40.64 | x |
| 1999-12-31 | R$33.16 | R$40.64 | x |
| 2000-12-31 | R$35.72 | R$40.64 | x |
| 2001-12-31 | R$34.63 | R$40.64 | x |
| 2002-12-31 | R$32.94 | R$40.64 | x |
| 2003-12-31 | R$24.76 | R$40.64 | x |
| 2004-12-31 | R$23.10 | R$40.64 | x |
| 2005-12-31 | R$20.66 | R$40.64 | x |
| 2006-12-31 | R$20.91 | R$40.64 | x |
| 2007-12-31 | R$19.58 | R$40.64 | x |
| 2008-12-31 | R$19.86 | R$40.64 | x |
| 2009-12-31 | R$19.88 | R$40.64 | x |
| 2010-12-31 | R$22.50 | R$40.64 | x |
| 2011-12-31 | R$46.69 | R$40.64 | x |
| 2012-12-31 | R$38.82 | R$40.64 | x |
| 2013-12-31 | R$37.26 | R$40.64 | x |
| 2014-12-31 | R$39.05 | R$40.64 | x |
| 2015-12-31 | R$40.60 | R$40.64 | x |
| 2016-12-31 | R$41.00 | R$40.64 | x |
| 2017-12-31 | R$41.13 | R$40.64 | x |
| 2018-12-31 | R$42.40 | R$40.64 | x |
| 2019-12-31 | R$41.72 | R$40.64 | x |
| 2020-12-31 | R$41.20 | R$40.64 | x |
| 2021-12-31 | R$41.59 | R$40.64 | x |
| 2022-12-31 | R$40.94 | R$40.64 | x |
| 2023-12-31 | R$41.91 | R$40.64 | x |
| 2024-12-31 | R$42.48 | R$40.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Telefônica Brasil S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.93%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.79x
- Recent ROE (7.96%) is below the historical average (11.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 5.99% | 12.17% | 0.27x | 1.85x | R$-367.81 Million |
| 1999 | 3.01% | 8.75% | 0.26x | 1.33x | R$-1.13 Billion |
| 2000 | 5.30% | 12.36% | 0.31x | 1.40x | R$-823.09 Million |
| 2001 | 5.44% | 10.29% | 0.34x | 1.55x | R$-778.77 Million |
| 2002 | 6.62% | 10.66% | 0.40x | 1.54x | R$-550.15 Million |
| 2003 | 13.00% | 13.45% | 0.59x | 1.65x | R$366.05 Million |
| 2004 | 19.13% | 16.39% | 0.71x | 1.64x | R$1.04 Billion |
| 2005 | 24.93% | 17.66% | 0.81x | 1.74x | R$1.52 Billion |
| 2006 | 26.54% | 19.23% | 0.81x | 1.71x | R$1.75 Billion |
| 2007 | 23.86% | 16.04% | 0.78x | 1.91x | R$1.37 Billion |
| 2008 | 24.09% | 15.15% | 0.80x | 1.99x | R$1.42 Billion |
| 2009 | 21.92% | 13.94% | 0.77x | 2.05x | R$1.20 Billion |
| 2010 | 20.56% | 15.22% | 0.79x | 1.71x | R$1.23 Billion |
| 2011 | 10.05% | 14.96% | 0.44x | 1.51x | R$22.75 Million |
| 2012 | 9.97% | 13.13% | 0.48x | 1.57x | R$-14.54 Million |
| 2013 | 8.66% | 10.70% | 0.50x | 1.62x | R$-573.50 Million |
| 2014 | 10.98% | 14.10% | 0.48x | 1.63x | R$441.65 Million |
| 2015 | 4.99% | 8.49% | 0.40x | 1.48x | R$-3.44 Billion |
| 2016 | 5.90% | 9.61% | 0.42x | 1.47x | R$-2.84 Billion |
| 2017 | 6.64% | 10.67% | 0.43x | 1.46x | R$-2.34 Billion |
| 2018 | 12.47% | 20.54% | 0.42x | 1.43x | R$1.77 Billion |
| 2019 | 7.10% | 11.30% | 0.41x | 1.54x | R$-2.04 Billion |
| 2020 | 6.86% | 11.06% | 0.40x | 1.56x | R$-2.19 Billion |
| 2021 | 8.91% | 14.17% | 0.38x | 1.65x | R$-761.24 Million |
| 2022 | 5.97% | 8.50% | 0.40x | 1.74x | R$-2.76 Billion |
| 2023 | 7.23% | 9.65% | 0.43x | 1.74x | R$-1.93 Billion |
| 2024 | 7.96% | 9.93% | 0.45x | 1.79x | R$-1.43 Billion |
Industry Comparison
This section compares Telefônica Brasil S.A.'s net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $1,037,931,348
- Average return on equity (ROE) among peers: 9.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Telefônica Brasil S.A. (VIVT3) | R$68.50 Billion | 5.99% | 0.81x | $4.78 Billion |
| Atom Empreendimentos e Participações S.A (ATOM3) | $-20.33 Million | 0.00% | 0.00x | $5.10 Million |
| Brisanet Participacoes SA (BRIT3) | $127.20 Million | 22.90% | 7.01x | $46.28 Million |
| BRISANET ON NM (BRST3) | $1.52 Billion | 4.00% | 1.65x | $41.01 Million |
| Desktop - Sigmanet Comunicação Multimídia S.A. (DESK3) | $1.28 Billion | 7.97% | 1.54x | $71.45 Million |
| DTCOM - Direct to Company S.A (DTCY3) | $3.72 Million | -35.03% | 3.35x | $765.33K |
| Fictor Alimentos S.A. (FICT3) | $5.08 Million | 41.59% | 2.15x | $470.31K |
| Unifique Telecomunicações S.A. (FIQE3) | $33.76 Million | 42.28% | 1.01x | $87.71 Million |
| Livetech da Bahia Industria (LVTC3) | $635.11 Million | -1.87% | 1.13x | $11.09 Million |
| Oi S.A (OIBR3) | $5.83 Billion | 9.64% | 0.29x | $9.03 Million |
| TIM S.A. (TIMS3) | $958.00 Million | 6.25% | 0.57x | $42.98K |