B3 · BRL
TELB3
Telecomunicacoes Brasileiras SA
- Day's range
- R$18.00 – R$20.37
- Day's volume
- R$85.6K
- 52-week range
- R$9.68 – R$20.37
Follow TELB3 in the Fuolio
See how TELB3 weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountTELB3 in numbers
- Market cap
- R$1.9B
- P/E
- 15.10
- P/B
- 1.23
- Dividend yield (12m)
- 0.00%
- Net debt/EBITDA
- -3.28
TELB3 trades at 15.10 times its earnings of the last 12 months.
TELB3 price history
TELB3 risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +57.04% | +6.73% | -66.87% |
| Volatility (annualized) | 57.44% | 37.94% | 46.15% |
| Largest drawdown | -30.14% | -37.65% | -80.45% |
| Positive months | 8/12 | 18/36 | 26/60 |
How much did investing in TELB3 return?
R$1,000.00 invested on 09/01/2021 would be worth R$331.33 today.
- Value today in TELB3
- R$331.33
- Return over the period
- -66.87%
- Return per year
- -19.83%
- In the Ibovespa
- R$1,657.66
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
TELB3 fundamentals
Valuation
- P/E15.10
- P/B1.23
- EV/EBITDA0.50
- EV/EBIT1.07
- EV/Revenue0.46
- P/EBIT8.00
- P/S3.43
- P/OCF-17.26
- P/FCF2.53
- Earnings yield93.64%
- PEG ratio0.02
- Earnings per shareR$1.35
- Book value per shareR$16.58
Debt
- Net debt-R$1.6B
- Net debt/EBITDA-3.28
- Net debt/Equity-0.96
- Debt/Equity0.01
- Current ratio10.60
- Quick ratio10.60
- Cash ratio7.07
Efficiency
- Gross margin-28.91%
- EBITDA margin90.66%
- Operating margin42.85%
- Net margin25.25%
- Asset turnover0.13
Profitability
- ROE8.14%
- ROA3.18%
- ROIC250.71%
- Payout0.00%
Growth
- Revenue CAGR (5 years)14.81%
- Earnings CAGR (5 years)—
- Revenue growth (year)18.51%
- Earnings growth (year)311.06%
- Revenue growth (quarter)18.40%
- Earnings growth (quarter)617.68%
What is TELB3's fair price?
Two classic value formulas, with today's numbers. The current price is R$20.37.
- Graham's fair price
- R$22.44
- 10.14% above the price
√(22.50 × R$1.35 × R$16.58)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- —
- Does not apply to TELB3: it paid no distributions in the last five years.
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
TELB3's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 7.91 | -18.00 | -10.62 | -10.88 | -23.56 | -55.95 | -28.68 | -6.05 |
| P/B | 0.63 | 0.81 | 0.95 | 0.84 | 2.09 | 3.83 | 4.14 | 3.67 |
| EV/EBITDA | -0.76 | 0.02 | 1.37 | 1.80 | 11.51 | 36.67 | 91.20 | — |
| Earnings per share | R$1.38 | -R$0.71 | -R$1.47 | -R$1.48 | -R$1.87 | -R$1.57 | -R$3.50 | -R$4.53 |
| Book value per share | R$17.18 | R$15.83 | R$16.50 | R$19.26 | R$21.08 | R$22.89 | R$24.26 | R$7.47 |
| ROE | 8.02% | -4.49% | -8.93% | -7.68% | -8.86% | -6.84% | -14.42% | -60.70% |
| ROIC | 72.60% | 6.38% | -20.59% | -5.88% | -12.29% | -8.37% | -11.50% | -40.47% |
| Gross margin | -35.03% | -52.16% | -46.66% | -53.90% | -80.49% | -71.84% | -104.60% | -59.22% |
| EBITDA margin | 104.03% | 69.64% | 44.65% | 58.75% | 63.95% | 53.62% | 33.47% | -31.46% |
| Net margin | 28.62% | -16.07% | -30.55% | -36.72% | -44.40% | -39.81% | -116.29% | -112.62% |
| Net debt/EBITDA | -2.94 | -4.13 | -5.90 | -5.00 | -4.85 | -4.86 | -8.45 | — |
TELB3's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | R$491M | R$414.3M | R$416.8M | R$347.8M | R$285.7M | R$266.8M |
| Cost of revenue | -R$663M | -R$630.4M | -R$611.4M | -R$535.3M | -R$515.6M | -R$458.5M |
| Gross profit | -R$172M | -R$216.1M | -R$194.5M | -R$187.5M | -R$229.9M | -R$191.7M |
| EBITDA | R$510.8M | R$288.5M | R$186.1M | R$204.4M | R$182.7M | R$143.1M |
| EBIT | R$236.7M | R$18.5M | -R$67.4M | -R$37.7M | -R$66.9M | -R$71.7M |
| Financial result | -R$54.3M | -R$85.1M | -R$60M | -R$90M | -R$59.9M | -R$34.5M |
| Income before tax | R$182.4M | -R$66.6M | -R$127.4M | -R$127.7M | -R$126.8M | -R$106.2M |
| Income tax | -R$41.9M | R$0 | R$0 | R$0 | R$0 | R$0 |
| Net income | R$140.5M | -R$66.6M | -R$127.4M | -R$127.7M | -R$126.8M | -R$106.2M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
TELB3 against its sector
The same indicators for the company's other shares and the sector's largest stocks.
| Stock | P/E | P/B | Dividend yield (12m) | ROE | Market cap |
|---|---|---|---|---|---|
| TELB3Telebras | 15.10 | 1.23 | 0.00% | 8.14% | R$1.9B |
| TELB4TELEC BRASILEIRAS S.A. TELEBRAS | 6.71 | 0.55 | 0.00% | 8.14% | R$1.9B |
| VIVT3TELEFÔNICA BRASIL S.A | 14.58 | 1.47 | 8.54% | 10.05% | R$96.2B |
| TIMS3TIM S.A. | 10.14 | 1.75 | 8.03% | 17.29% | R$43.6B |
| DESK3DESKTOP S.A. | 40.48 | 1.58 | 0.96% | 3.91% | R$2.3B |
| FIQE3UNIFIQUE TELECOMUNICAÇÕES S.A. | 8.99 | 1.65 | 13.61% | 18.40% | R$2B |
Does TELB3 pay dividends?
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Interest on equity | 04/07/1998 | 05/29/1998 | R$2.27 |
| Dividend | 04/29/1997 | — | R$0.00 |
| Dividend | 04/29/1997 | — | R$0.05 |
| Dividend | 04/29/1997 | — | R$0.11 |
| Dividend | 04/29/1997 | — | R$1.76 |
| Dividend | 04/29/1996 | — | R$0.24 |
| Dividend | 04/29/1996 | — | R$0.06 |
| Dividend | 04/29/1996 | — | R$0.10 |
| Event | Last day to own | Ratio |
|---|---|---|
| Reverse split | 04/01/2016 | 1 for 10 |
| Reverse split | 01/24/2011 | 0.0001 for 1 |
| Bonus shares | 06/11/1990 | 100.00% in shares |
About Telebras
- Sector
- Telecomunicações
- Segment
- Telecomunicações
- Listing segment
- Traditional
- Tag along
- 80.00%
- Free float
- 3.22%
- Shares issued
- 83.58M common · 18.41M preferred
- Average daily trading
- R$31.5K
- Listed since
- 03/09/1989
- CNPJ
- 00.336.701/0001-04
Telebrás S.A. é uma empresa brasileira de telecomunicações, atuante no segmento de telefonia fixa, internet banda larga e serviços de telecomunicações. Fundada em 1972, a Telebrás é uma das principais operadoras de telecomunicações do Brasil, operando infraestrutura de telecomunicações em múltiplos estados. A companhia oferece serviços de telefonia fixa, internet banda larga, TV por assinatura e serviços corporativos de telecomunicações. A Telebrás é um importante player na infraestrutura de telecomunicações brasileira, operando com foco em expansão de acesso à internet banda larga e modernização de sua rede. Com receita anual superior a R$ 3 bilhões, a companhia é uma das maiores operadoras de telecomunicações do Brasil, servindo milhões de clientes. A empresa está comprometida com universalização do acesso à internet banda larga e modernização da infraestrutura de telecomunicações do país.
Investor website| Shareholder | Common | Preferred | Total |
|---|---|---|---|
| União FederalControlling | 94.79% | 87.76% | 93.52% |
| Outros | 5.22% | 12.24% | 6.48% |
Questions about TELB3
How much is TELB3 today?
TELB3 is at R$20.37 (11.01% on the day), last traded on 10/01/2026.
What are the P/E and P/B of TELB3?
TELB3 trades at a P/E of 15.10 and a P/B of 1.23.
How much did TELB3 return in 12 months?
TELB3 returned 57.04% in 12 months, with annualized volatility of 57.44% and a largest drawdown of -30.14%.
What sector is TELB3 in?
Telebras is in the Telecomunicações sector, Telecomunicações segment.