What is Telefonica Brasil Return-on-Tangible-Equity?
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Telefonica Brasil's annualized net income for the quarter that ended in Dec. 2023 was $1,307 Mil. Telefonica Brasil's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $4,148 Mil. Therefore, Telefonica Brasil's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 31.50%.
The historical rank and industry rank for Telefonica Brasil's Return-on-Tangible-Equity or its related term are showing as below:
VIV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.41 Med: 18.52 Max: 36.49
Current: 21.22
During the past 13 years, Telefonica Brasil's highest Return-on-Tangible-Equity was 36.49%. The lowest was 16.41%. And the median was 18.52%.
VIV's Return-on-Tangible-Equity is ranked better than 58.82% of 340
companies
in the Telecommunication Services industry
Industry Median: 13.125
vs VIV: 21.22
Telefonica Brasil Return-on-Tangible-Equity Historical Data
The historical data trend for Telefonica Brasil's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Telefonica Brasil's Return-on-Tangible-Equity
For the Telecom Services subindustry, Telefonica Brasil's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Telefonica Brasil's Return-on-Tangible-Equity Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telefonica Brasil's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Telefonica Brasil's Return-on-Tangible-Equity falls into.
Telefonica Brasil Return-on-Tangible-Equity Calculation
Telefonica Brasil's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Dec. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Telefonica Brasil (NYSE:VIV) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Telefonica Brasil Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Telefonica Brasil's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Telefonica Brasil (Telefonica Brasil) Business Description
Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 98 million customers, equal to about 40% market share. The firm is strongest in the postpaid business, where it has 60 million customers, about 42% share of this market. It is the incumbent fixed-line telephone operator in Sao Paulo state and, following the acquisition of GVT, the owner of an extensive fiber network across the country. The firm provides internet access to 6 million households on this network. Following its parent Telefonica's footsteps, Vivo is cross-selling fixed-line and wireless services as a converged offering. The firm also sells pay-tv services to its fixed-line customers.
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