Telefônica Brasil S.A. (VIVT3) - Net Assets
Based on the latest financial reports, Telefônica Brasil S.A. (VIVT3) has net assets worth R$68.50 Billion BRL (≈ $13.44 Billion USD) 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 ≈ $24.31 Billion USD) and total liabilities (R$55.40 Billion ≈ $10.87 Billion USD). 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. Check VIVT3 financial resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore total assets of Telefônica Brasil S.A. for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Telefônica Brasil S.A. (VIVT3) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$69.80 Billion ≈ $13.70 Billion |
+0.25% |
| 2023-12-31 | R$69.63 Billion ≈ $13.66 Billion |
+1.71% |
| 2022-12-31 | R$68.46 Billion ≈ $13.43 Billion |
-2.32% |
| 2021-12-31 | R$70.08 Billion ≈ $13.75 Billion |
+0.76% |
| 2020-12-31 | R$69.56 Billion ≈ $13.65 Billion |
-1.28% |
| 2019-12-31 | R$70.46 Billion ≈ $13.82 Billion |
-1.61% |
| 2018-12-31 | R$71.61 Billion ≈ $14.05 Billion |
+3.09% |
| 2017-12-31 | R$69.46 Billion ≈ $13.63 Billion |
+0.31% |
| 2016-12-31 | R$69.24 Billion ≈ $13.59 Billion |
+0.99% |
| 2015-12-31 | R$68.57 Billion ≈ $13.45 Billion |
+52.54% |
| 2014-12-31 | R$44.95 Billion ≈ $8.82 Billion |
+4.79% |
| 2013-12-31 | R$42.89 Billion ≈ $8.42 Billion |
-4.00% |
| 2012-12-31 | R$44.68 Billion ≈ $8.77 Billion |
+3.12% |
| 2011-12-31 | R$43.33 Billion ≈ $8.50 Billion |
+271.39% |
| 2010-12-31 | R$11.67 Billion ≈ $2.29 Billion |
+3.25% |
| 2009-12-31 | R$11.30 Billion ≈ $2.22 Billion |
+12.49% |
| 2008-12-31 | R$10.05 Billion ≈ $1.97 Billion |
+1.43% |
| 2007-12-31 | R$9.90 Billion ≈ $1.94 Billion |
-6.42% |
| 2006-12-31 | R$10.58 Billion ≈ $2.08 Billion |
+16.27% |
| 2005-12-31 | R$9.10 Billion ≈ $1.79 Billion |
-20.12% |
| 2004-12-31 | R$11.40 Billion ≈ $2.24 Billion |
+706014.47% |
| 2003-12-31 | R$1.61 Million ≈ $316.70K |
-99.99% |
| 2002-12-31 | R$16.26 Billion ≈ $3.19 Billion |
-4.89% |
| 2001-12-31 | R$17.10 Billion ≈ $3.35 Billion |
-2.39% |
| 2000-12-31 | R$17.52 Billion ≈ $3.44 Billion |
+7.90% |
| 1999-12-31 | R$16.23 Billion ≈ $3.19 Billion |
+22.15% |
| 1998-12-31 | R$13.29 Billion ≈ $2.61 Billion |
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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 |
|---|---|
|
FTAI Aviation Ltd.
NASDAQ:FTAI
|
$24.61 Billion |
|
Koninklijke Philips NV
AS:PHIA
|
$24.62 Billion |
|
ANTA Sports Products Limited
F:AS7
|
$24.66 Billion |
|
H & M Hennes & Mauritz AB (publ)
ST:HM-B
|
$24.86 Billion |
|
Shenzhen Longsys Electronics Co. Ltd. A
SHE:301308
|
$24.60 Billion |
|
AXIA Energia
NYSE:AXIA
|
$24.60 Billion |
|
Fair Isaac Corporation
NYSE:FICO
|
$24.56 Billion |
|
HEXAGON AB ADR/1
F:HXGC
|
$24.56 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: 0.92x
- 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 1.43x to 0.92x 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$39.25 | x |
| 1999-12-31 | R$33.16 | R$39.25 | x |
| 2000-12-31 | R$35.72 | R$39.25 | x |
| 2001-12-31 | R$34.63 | R$39.25 | x |
| 2002-12-31 | R$32.94 | R$39.25 | x |
| 2003-12-31 | R$24.76 | R$39.25 | x |
| 2004-12-31 | R$23.10 | R$39.25 | x |
| 2005-12-31 | R$20.66 | R$39.25 | x |
| 2006-12-31 | R$20.91 | R$39.25 | x |
| 2007-12-31 | R$19.58 | R$39.25 | x |
| 2008-12-31 | R$19.86 | R$39.25 | x |
| 2009-12-31 | R$19.88 | R$39.25 | x |
| 2010-12-31 | R$22.50 | R$39.25 | x |
| 2011-12-31 | R$46.69 | R$39.25 | x |
| 2012-12-31 | R$38.82 | R$39.25 | x |
| 2013-12-31 | R$37.26 | R$39.25 | x |
| 2014-12-31 | R$39.05 | R$39.25 | x |
| 2015-12-31 | R$40.60 | R$39.25 | x |
| 2016-12-31 | R$41.00 | R$39.25 | x |
| 2017-12-31 | R$41.13 | R$39.25 | x |
| 2018-12-31 | R$42.40 | R$39.25 | x |
| 2019-12-31 | R$41.72 | R$39.25 | x |
| 2020-12-31 | R$41.20 | R$39.25 | x |
| 2021-12-31 | R$41.59 | R$39.25 | x |
| 2022-12-31 | R$40.94 | R$39.25 | x |
| 2023-12-31 | R$41.91 | R$39.25 | x |
| 2024-12-31 | R$42.48 | R$39.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Telefônica Brasil S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.93%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.79x
- Recent ROE (7.96%) is below the historical average (11.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 5.99% | 12.17% | 0.27x | 1.85x | R$-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: $18,782,858,333
- Average return on equity (ROE) among peers: -7.16%
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 | $24.61 Billion |
| Desktop - Sigmanet Comunicação Multimídia S.A. (DESK3) | $1.28 Billion | 7.97% | 1.54x | $418.64 Million |
| DTCOM - Direct to Company S.A (DTCY3) | $1.24 Million | -91.56% | 6.84x | $5.45 Million |
| Unifique Telecomunicações S.A. (FIQE3) | $1.20 Billion | 14.57% | 0.91x | $523.16 Million |
| Oi S.A (OIBR3) | $5.83 Billion | 9.64% | 0.29x | $6.32 Million |
| Telecomunicações Brasileiras S.A. - TELEBRÁS (TELB3) | $-78.00 Million | 0.00% | 0.00x | $221.39 Million |
| Verizon Communications Inc (VERZ34) | $104.46 Billion | 16.44% | 2.87x | $195.66 Billion |
About 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