Professional
Added to YB: 2024-06-26
Pitch date: 2024-06-17
VIV [bullish]
Telefônica Brasil S.A.
+65.04%
current return
Author Info
No bio for this author
Company Info
Telefônica Brasil S.A., together with its subsidiaries, operates as a mobile telecommunications company in Brazil.
Market Cap
BRL 111.5B
Pitch Price
BRL 7.58
Price Target
14.00 (+14%)
Dividend
3.54%
EV/EBITDA
5.52
P/E
18.62
EV/Sales
2.10
Sector
Diversified Telecommunication Services
Category
growth
Telefônica Brasil S.A.: Continued Pricing Discipline Drives Solid Wireless Growth
VIV: Brazil's largest telecom w/ 40% wireless share. Q1: +588K net wireless adds, 9% rev growth. Broadband growing, 1.5M converged customers. 39% EBITDA margin. FCF down on capex. FV $14. Bulls: scale, fiber network. Bears: price wars, economy. Risks: competition, regulation. Standard capital allocation. 75% owned by Telefonica.
Read full article (9 min)