Movida Participações S.A., through its subsidiaries, provides car rental services in Brazil.
Acceptable track record second-rate dividend payer.
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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: MOVI3 exceeded the BR Transportation industry which returned 51.4% over the past year.
Return vs Market: MOVI3 exceeded the BR Market which returned 16.3% over the past year.
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
13 hours ago | Simply Wall StWould Movida Participações S.A. (BVMF:MOVI3) Be Valuable To Income Investors?
1 month ago | Simply Wall StIs Movida Participações's (BVMF:MOVI3) Share Price Gain Of 110% Well Earned?
1 month ago | Simply Wall StMovida Participações's (BVMF:MOVI3) Earnings Are Growing But Is There More To The Story?
Is Movida Participações undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MOVI3 (R$21.71) is trading above our estimate of fair value (R$2.98)
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 (29.2x) compared to the Transportation industry average (41.7x).
PE vs Market: MOVI3 is poor value based on its PE Ratio (29.2x) compared to the BR market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: MOVI3 is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: MOVI3 is good value based on its PB Ratio (2.9x) compared to the BR Transportation industry average (4.5x).
How is Movida Participações forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MOVI3's forecast earnings growth (19.1% per year) is above the savings rate (7%).
Earnings vs Market: MOVI3's earnings (19.1% per year) are forecast to grow slower than the BR market (19.2% per year).
High Growth Earnings: MOVI3's earnings are forecast to grow, but not significantly.
Revenue vs Market: MOVI3's revenue (12.4% per year) is forecast to grow faster than the BR market (9% per year).
High Growth Revenue: MOVI3's revenue (12.4% per year) is forecast to grow slower 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 (11.7%).
How has Movida Participações performed over the past 5 years?
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 (5.7%) are higher than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: MOVI3's earnings have grown significantly by 45.4% per year over the past 5 years.
Accelerating Growth: MOVI3's earnings growth over the past year (52.7%) exceeds its 5-year average (45.4% per year).
Earnings vs Industry: MOVI3 earnings growth over the past year (52.7%) underperformed the Transportation industry 103%.
Return on Equity
High ROE: MOVI3's Return on Equity (8.7%) is considered low.
How is Movida Participações's financial position?
Financial Position Analysis
Short Term Liabilities: MOVI3's short term assets (R$2.6B) exceed its short term liabilities (R$2.5B).
Long Term Liabilities: MOVI3's short term assets (R$2.6B) do not cover its long term liabilities (R$2.7B).
Debt to Equity History and Analysis
Debt Level: MOVI3's debt to equity ratio (140.4%) is considered high.
Reducing Debt: Insufficient data to determine if MOVI3's debt to equity ratio has reduced 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 not well covered by EBIT (2.7x coverage).
Inventory Level: MOVI3 has a high level of physical assets or inventory.
Debt Coverage by Assets: MOVI3's debt is not covered by short term assets (assets are 0.8x debt).
What is Movida Participações's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MOVI3's dividend (1.36%) is higher than the bottom 25% of dividend payers in the BR market (1.22%).
High Dividend: MOVI3's dividend (1.36%) is low compared to the top 25% of dividend payers in the BR market (4.57%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MOVI3 has been paying a dividend for less than 10 years.
Growing Dividend: MOVI3's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52.5%), MOVI3's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MOVI3's dividends in 3 years are forecast to be well covered by earnings (32.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Renato Franklin 0
Mr. Renato Horta Franklin has been the Chief Executive Officer at Movida Participações S.A. since 2015. From 2010 to 2013, Mr. Franklin served as General Manager at VALE S.A. From 2013 to 2014, he served a ...
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23.5%.
Movida Participações S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Movida Participações S.A.
- Ticker: MOVI3
- Exchange: BOVESPA
- Founded: 2006
- Industry: Trucking
- Sector: Transportation
- Market Cap: R$6.464b
- Shares outstanding: 297.73m
- Website: https://ri.movida.com.br
Number of Employees
- Movida Participações S.A.
- Av. Dr. Renato Paes de Barros, 1017
- Conjunto 92
- São Paulo
- São Paulo
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MOVI3||BOVESPA (Bolsa de Valores de Sao Paulo)||Yes||Ordinary Shares||BR||BRL||Feb 2017|
Movida Participações S.A., through its subsidiaries, provides car rental services in Brazil. The company also offers light vehicle fleet management and outsourcing services. In addition, it sells used cars through its stores. As of September 30, 2018 the company operated 244 stores comprising 184 car rental stores and 60 used car stores, as well as a fleet of 88,904 vehicles. It has strategic alliance with Avis Budget Car Rental, LLC. The company was formerly known as H.L.C.S.P.E Empreendimentos e Participações S.A. and changed its name to Movida Participações S.A. in December 29, 2014. Movida Participações S.A. was founded in 2006 and is headquartered in São Paulo, Brazil. Movida Participações S.A. is a subsidiary of JSL S.A.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/25 18:27|
|End of Day Share Price||2020/02/21 00:00|
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.