Telefonica Brasil (FRA:TSPA) FCF Margin %: 18.66% (As of Mar. 2026) — Near Median


FRA:TSPA Telefonica Brasil SA FRA:TSPA
80 GF Score
Price €11.20
GF Value €10.27
Valuation Fairly Valued
! 2 Warning Signs
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What is Telefonica Brasil FCF Margin %?

Telefonica Brasil FRA:TSPA +3.70% 80 FCF Margin % is 18.66% as of Mar. 2026, which is 1% below its 10-year median of 18.90. GuruFocus rates FRA:TSPA with a GF Score™ of 80/100 and a GF Value™ of €10.27 (Fairly Valued). The stock has 2 warning signs investors should review. Among 367 Telecommunication Services companies, Telefonica Brasil ranks better than 77.38% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Telefonica Brasil's Free Cash Flow for the three months ended in Mar. 2026 was €477 Mil. Telefonica Brasil's Revenue for the three months ended in Mar. 2026 was €2,557 Mil. Therefore, Telefonica Brasil's FCF Margin % for the quarter that ended in Mar. 2026 was 18.66%.

As of today, Telefonica Brasil's current FCF Yield % is 10.48%.

The historical rank and industry rank for Telefonica Brasil's FCF Margin % or its related term are showing as below:

FRA:TSPA' s FCF Margin % Range Over the Past 10 Years
Min: 7.88   Med: 18.9   Max: 25.63
Current: 18.9


During the past 13 years, the highest FCF Margin % of Telefonica Brasil was 25.63%. The lowest was 7.88%. And the median was 18.90%.

FRA:TSPA's FCF Margin % is ranked better than
77.38% of 367 companies
in the Telecommunication Services industry
Industry Median: 8.25 vs FRA:TSPA: 18.90


Telefonica Brasil FCF Margin % Related Terms


Telefonica Brasil FCF Margin % Historical Data

* Premium members only.

The historical data trend for Telefonica Brasil's FCF Margin % 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.

Telefonica Brasil FCF Margin % Chart

Telefonica Brasil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.93 18.83 19.15 18.90 18.89

Telefonica Brasil Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.55 24.78 15.07 17.35 18.66

FRA:TSPA vs TMUS, VZ, T: FCF Margin % Comparison

For the Telecom Services subindustry, Telefonica Brasil's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telefonica Brasil's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Telefonica Brasil's FCF Margin % falls into.


FRA:TSPA
80GF Score
Telefonica Brasil SA FRA:TSPA
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Telefonica Brasil FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Telefonica Brasil's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1762.543/9328.616
=18.89 %

Telefonica Brasil's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=477.131/2556.662
=18.66 %

* 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.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 18.66% mean?
Telefonica Brasil (FRA:TSPA) has a FCF Margin % of 18.66% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Telefonica Brasil and its competitors. This is near median its historical median of 18.90. Over the past decade, Telefonica Brasil's FCF Margin % has ranged from 7.88 to 25.63. According to the industry distribution chart, Telefonica Brasil ranks #83 out of 367 companies in the Telecommunication Services industry, placing it in the top 22.6%.
Is Telefonica Brasil's FCF Margin % too high?
Telefonica Brasil's current FCF Margin % of 18.66% is near median its 10-year median of 18.90. Over the past 10 years, this metric has ranged from a low of 7.88 to a high of 25.63. The Telecommunication Services industry median FCF Margin % is 8.25. Telefonica Brasil's value of 18.66% is 126.2% above this industry median. Based on the distribution chart, Telefonica Brasil ranks #83 out of 367 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Telefonica Brasil has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Telefonica Brasil's FCF Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telefonica Brasil ranks #83 out of 367 companies for FCF Margin %. This places Telefonica Brasil in the top 23% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 8.25. Telefonica Brasil's value of 18.66% is 126.2% above this benchmark. Historically, Telefonica Brasil's own FCF Margin % has ranged from 7.88 to 25.63 over the past decade. While the company's 10-year median is 18.90 vs. the industry median of 8.25, Telefonica Brasil has consistently been above 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 FCF Margin % for a Telecommunication Services company?
The median FCF Margin % among Telecommunication Services companies is 8.25, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telefonica Brasil's current FCF Margin % of 18.66% is 126.2% above 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Telefonica Brasil and its competitors. For the Telecommunication Services industry, the median FCF Margin % is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telefonica Brasil's current FCF Margin % is 18.66%, which is near median its own 10-year median of 18.90. 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 (FRA:TSPA) is currently considered Fairly Valued. The stock's GF Value™ is €10.27, compared to a current price of €11.20 — trading 9.1% above its estimated fair value. The current FCF Margin % is 18.66%, which is near median its 10-year median of 18.90 and 126.2% above the Telecommunication Services industry median of 8.25. Telefonica Brasil's overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Telefonica Brasil (FRA:TSPA), the current FCF Margin % is 18.66% as of Mar. 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 (FRA:TSPA) Overvalued in 2026?

Based on GuruFocus' analysis, Telefonica Brasil stock appears to be overvalued. The current stock price of €11.20 is trading 9.1% above its estimated GF Value™ of €10.27. GuruFocus considers Telefonica Brasil to be Fairly Valued.

Key valuation signals for FRA:TSPA:

  • FCF Margin %: 18.66% (near median its 10-year median of 18.90)
  • GF Value™: €10.27 vs. price of €11.20 (9.1% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 126.2% above the Telecommunication Services median (#83 of 367)

No single metric tells the full story. See the FRA:TSPA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Telefonica Brasil Business Description

Address Avenida Engenheiro Luis Carlos Berrini, 1376, 32nd Floor, Sao Paulo, SP, BRA, 04571-936
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.
80GF Score

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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€11.20
Price
€10.27
GF Value