Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Telefonica BrasilVIV +0.31%86 Debt-to-Equity is 0.30 as of Jun. 2026, which is 50% above its 10-year median of 0.20. GuruFocus rates VIV with a GF Score™ of 86/100 and a GF Value™ of $12.73 (Fairly Valued). The stock has 3 warning signs investors should review. Among 324 Telecommunication Services companies, Telefonica Brasil ranks better than 69.44% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Telefonica Brasil's Debt-to-Equity or its related term are showing as below:
VIV'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.2 Max: 0.3
Current: 0.3
During the past 13 years, the highest Debt-to-Equity Ratio of Telefonica Brasil was 0.30. The lowest was 0.09. And the median was 0.20.
VIV's Debt-to-Equity is ranked better than 69.44% of 324
companies
in the Telecommunication Services industry
Industry Median: 0.615
vs VIV: 0.30
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Telefonica Brasil Debt-to-Equity Related Terms
Telefonica Brasil Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Telefonica Brasil's Debt-to-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.
For the Telecom Services subindustry, Telefonica Brasil's Debt-to-Equity, along with its competitors' market caps and Debt-to-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 Debt-to-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telefonica Brasil's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Telefonica Brasil's Debt-to-Equity falls into.
* 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.
Telefonica Brasil (VIV) has a Debt-to-Equity of 0.30 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Telefonica Brasil and its competitors. This is 50% above median its historical median of 0.20. Over the past decade, Telefonica Brasil's Debt-to-Equity has ranged from 0.09 to 0.30. According to the industry distribution chart, Telefonica Brasil ranks #99 out of 324 companies in the Telecommunication Services industry, placing it in the top 30.6%.
Is Telefonica Brasil's Debt-to-Equity too high?
Telefonica Brasil's current Debt-to-Equity of 0.30 is 50% above median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.30. The Telecommunication Services industry median Debt-to-Equity is 0.62. Telefonica Brasil's value of 0.30 is 51.2% below this industry median. Based on the distribution chart, Telefonica Brasil ranks #99 out of 324 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Telefonica Brasil has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Telefonica Brasil's Debt-to-Equity compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Telefonica Brasil ranks #99 out of 324 companies for Debt-to-Equity. This puts Telefonica Brasil in the upper half of its industry. The industry median Debt-to-Equity is 0.62. Telefonica Brasil's value of 0.30 is 51.2% below this benchmark. Historically, Telefonica Brasil's own Debt-to-Equity has ranged from 0.09 to 0.30 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.62, Telefonica Brasil has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Telecommunication Services company?
The median Debt-to-Equity among Telecommunication Services companies is 0.62, based on 324 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telefonica Brasil's current Debt-to-Equity of 0.30 is 51.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Telefonica Brasil and its competitors. For the Telecommunication Services industry, the median Debt-to-Equity is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telefonica Brasil's current Debt-to-Equity is 0.30, which is 50% above median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telefonica Brasil stock overvalued right now?
Based on GuruFocus' analysis, Telefonica Brasil (VIV) is currently considered Fairly Valued. The stock's GF Value™ is $12.73, compared to a current price of $12.92 — trading 1.5% above its estimated fair value. The current Debt-to-Equity is 0.30, which is 50% above median its 10-year median of 0.20 and 51.2% below the Telecommunication Services industry median of 0.62. Telefonica Brasil's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Telefonica Brasil (VIV), the current Debt-to-Equity is 0.30 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Telefonica Brasil (VIV) Overvalued in 2026?
Based on GuruFocus' analysis, Telefonica Brasil stock appears to be overvalued.
The current stock price of $12.92 is trading 1.5% above its estimated GF Value™ of $12.73.
GuruFocus considers Telefonica Brasil to be Fairly Valued.
Key valuation signals for VIV:
Debt-to-Equity: 0.30 (50% above median its 10-year median of 0.20)
GF Value™: $12.73 vs. price of $12.92 (1.5% above fair value)
Industry Position: 51.2% below the Telecommunication Services median (#99 of 324)
No single metric tells the full story. See the VIV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 103 million customers, which is equal to about 38% market share. The firm is strongest in the postpaid business, where it has 72 million customers, or about 40% share of this market. Wireless services and equipment contribute about 70% of total revenue. Vivo is the incumbent fixed-line telephone operator in Sao Paulo state and also owns an extensive fiber network across the country. The firm provides internet access to 8 million households on this network. The firm also sells pay-TV and phone services to its fixed-line customers. Finally, corporate data and IT services, including cloud computing support, contribute about 10% of total revenue.
86GF Score
Get the complete analysis for VIV
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
VIV has been successfully added to your 
