NOT FOR DISTRIBUTION
Header cover image

Market Cap

R$5.0b

Last Updated

2021/05/06 02:44 UTC

Data Sources

Company Financials +

Executive Summary

Movida Participações S.A., through its subsidiaries, provides car rental services in Brazil. More Details


Snowflake Analysis

Proven track record with reasonable growth potential.

Share Price & News

How has Movida Participações's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MOVI3 is not significantly more volatile than the rest of BR stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: MOVI3's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-5.0%

MOVI3

1.0%

BR Transportation

-0.8%

BR Market


1 Year Return

67.4%

MOVI3

38.5%

BR Transportation

44.3%

BR Market

Return vs Industry: MOVI3 exceeded the BR Transportation industry which returned 38.1% over the past year.

Return vs Market: MOVI3 exceeded the BR Market which returned 41.9% over the past year.


Shareholder returns

MOVI3IndustryMarket
7 Day-5.0%1.0%-0.8%
30 Day-3.0%4.4%1.9%
90 Day-15.2%-3.8%-2.6%
1 Year68.6%67.4%39.2%38.5%50.0%44.3%
3 Year113.9%100.0%92.0%87.8%54.3%37.8%
5 Yearn/a464.8%425.8%138.1%96.1%

Long-Term Price Volatility Vs. Market

How volatile is Movida Participações's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Movida Participações undervalued compared to its fair value and its price relative to the market?

15.78x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MOVI3 (R$16.74) is trading above our estimate of fair value (R$3.41)

Significantly Below Fair Value: MOVI3 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MOVI3 is good value based on its PE Ratio (15.8x) compared to the BR Transportation industry average (29.2x).

PE vs Market: MOVI3 is good value based on its PE Ratio (15.8x) compared to the BR market (16.1x).


Price to Earnings Growth Ratio

PEG Ratio: MOVI3 is poor value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: MOVI3 is good value based on its PB Ratio (2.1x) compared to the BR Transportation industry average (2.9x).


Future Growth

How is Movida Participações forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

15.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MOVI3's forecast earnings growth (15.6% per year) is above the savings rate (9.3%).

Earnings vs Market: MOVI3's earnings (15.6% per year) are forecast to grow faster than the BR market (13.6% per year).

High Growth Earnings: MOVI3's earnings are forecast to grow, but not significantly.

Revenue vs Market: MOVI3's revenue (26.7% per year) is forecast to grow faster than the BR market (8.8% per year).

High Growth Revenue: MOVI3's revenue (26.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MOVI3's Return on Equity is forecast to be low in 3 years time (15.4%).


Past Performance

How has Movida Participações performed over the past 5 years?

27.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MOVI3 has a high level of non-cash earnings.

Growing Profit Margin: MOVI3's current net profit margins (8.6%) are higher than last year (1.8%).


Past Earnings Growth Analysis

Earnings Trend: MOVI3's earnings have grown significantly by 27.2% per year over the past 5 years.

Accelerating Growth: MOVI3's earnings growth over the past year (365.8%) exceeds its 5-year average (27.2% per year).

Earnings vs Industry: MOVI3 earnings growth over the past year (365.8%) exceeded the Transportation industry 25.7%.


Return on Equity

High ROE: MOVI3's Return on Equity (14.2%) is considered low.


Financial Health

How is Movida Participações's financial position?


Financial Position Analysis

Short Term Liabilities: MOVI3's short term assets (R$3.8B) exceed its short term liabilities (R$1.8B).

Long Term Liabilities: MOVI3's short term assets (R$3.8B) do not cover its long term liabilities (R$8.9B).


Debt to Equity History and Analysis

Debt Level: MOVI3's debt to equity ratio (379.3%) is considered high.

Reducing Debt: MOVI3's debt to equity ratio has increased from 67.2% to 379.3% over the past 5 years.

Debt Coverage: MOVI3's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: MOVI3's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet


Dividend

What is Movida Participações's current dividend yield, its reliability and sustainability?

3.53%

Current Dividend Yield


Upcoming Dividend Payment

TodayMay 06 2021Ex Dividend DateJun 30 2021Dividend Pay DateJul 12 202112 days from Ex DividendBuy in the next 55 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: MOVI3's dividend (3.53%) is higher than the bottom 25% of dividend payers in the BR market (1.18%).

High Dividend: MOVI3's dividend (3.53%) is low compared to the top 25% of dividend payers in the BR market (4.98%).


Stability and Growth of Payments

Stable Dividend: MOVI3 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: MOVI3's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.5%), MOVI3's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: MOVI3's dividends in 3 years are forecast to be well covered by earnings (28.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Renato Franklin

6.33yrs

Tenure

Mr. Renato Horta Franklin has been the Chief Executive Officer at Movida Participações S.A. since 2015 and serves as its Member of Management Board. From 2010 to 2013, Mr. Franklin served as General Manage...


Leadership Team

Experienced Management: MOVI3's management team is considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Movida Participações S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Movida Participações S.A.
  • Ticker: MOVI3
  • Exchange: BOVESPA
  • Founded: 2006
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: R$4.975b
  • Shares outstanding: 297.19m
  • Website: https://ri.movida.com.br

Number of Employees


Location

  • Movida Participações S.A.
  • Rua Dr. Renato Paes de Barros, 1017
  • 9º Andar
  • São Paulo
  • São Paulo
  • 04530-001
  • Brazil

Listings


Biography

Movida Participações S.A., through its subsidiaries, provides car rental services in Brazil. It also offers light vehicle fleet management and outsourcing services. In addition, the company sells used cars...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/06 02:44
End of Day Share Price2021/05/05 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.