Movida Participações S.A (MOVI3) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Movida Participações S.A stock BRL 15.77, price BRL 6.36, upside +148.0%, quality 35 out of 100. Rating: strongly undervalued. Calculated from audited financials with 17 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.
How to read this chart
60‑month range R$3.09 – R$19.96 · fair‑value band R$11.83 – R$19.71 · the R$6.36 price screens below the R$15.77 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
Follow Movida Participações in your weekly email
Every Wednesday you see whether Movida Participações is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Movida Participações S.A. provides car rental services in Brazil. It operates in two segments, Rent-a-Car, and Fleet Management and Outsourcing (GTF). The company offers light vehicle rental services; and fleet management and outsourcing services. It also sells pre-owned cars.
Show moreShow less
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 2014. The company was founded in 2006 and is based in São Paulo, Brazil. Movida Participações S.A. operates as a subsidiary of Simpar S.A.
Stock analysis
Movida Participações S.A (MOVI3) currently trades at R$6.36, while our model-based Fair Value estimate is R$15.77, implying the stock looks roughly 60% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of R$134.54 per share, and 13 of the 17 models we run sit above the R$6.36 price.
Bear case: the Asset-Based group reads lowest at R$4.14, and 4 of the 17 models stay below the price. Data coverage for this calculation is high.
Scenario range: R$11.83 (bear) to R$19.71 (bull), the price of R$6.36 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 35/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Movida Participações S.A reported revenue of R$14.7B in FY2025 versus R$5.3B in FY2021, a compound +28.8%/yr. Reported net income was R$318M in FY2025, compounding −21.1%/yr from FY2021.
Key figures
Market cap R$2.4B (≈ $436M) Small · P/E ratio 4.5 · P/S ratio 0.16 · EPS (TTM) R$1.40 · Dividend yield 11.8% · Net margin 3.4% · Return on equity 14.8% · Return on assets (EBIT) 5.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 68% below its 52-week high and 13% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −15% fair-value upside, at 148%, MOVI3 screens cheaper than that median.
Fair Value models
BearR$11.83Fair Value R$15.77BullR$19.71
Price R$6.36 · Upside +148.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (R$0.5539 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+8.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+16.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+29.1%
Start year 2020 (pandemic). Over 10 years: +28.3% a year
Revenue growth 11 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+46.4%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in BRL ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in BRL: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+13.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+2.1%
Dividend (yield on the price)11.8%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.2.1% vs 23.9%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.11% → 23%
Compare Movida Participações S.A with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Rental & Leasing Services · 85 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Movida Participações S.A (MOVI3) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of R$15.77 versus a price of R$6.36, about +148% upside (undervalued).
What is the fair value of MOVI3?
Our model-based fair value for Movida Participações S.A is R$15.77 (as of Nov 4, 2026), built from audited fundamentals. The current price: R$6.36.
What is the quality score of MOVI3?
Movida Participações S.A has a Quality Score of 35/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Movida Participações S.A (MOVI3)?
Our model-based price target is the fair value of R$15.77 (as of Nov 4, 2026) from 17 valuation models. Cautious scenario R$11.83, optimistic scenario R$19.71. It is a calculation from audited fundamentals, not an analyst target.
What is the Movida Participações S.A stock forecast for 2026?
Our models put fair value at R$15.77, about +148% upside versus a price of R$6.36 (undervalued). Cautious scenario R$11.83, optimistic scenario R$19.71. The calculation is refreshed regularly with new filings.
What is the revenue of Movida Participações S.A (MOVI3)?
Movida Participações S.A reported trailing-twelve-month revenue of about R$15.1B (latest available figure, as of Nov 4, 2026).
Does Movida Participações S.A pay a dividend?
Movida Participações S.A currently shows a dividend yield of 11.82% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of Movida Participações S.A (MOVI3) and when is the ex-dividend date?
Movida Participações S.A pays a dividend of R$0.752 per share a year, a dividend yield of 11.8%. The last ex-dividend date was Dec 22, 2025. A dividend has been paid every year since at least 2018. The payout ratio is 53.7% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Movida Participações S.A (MOVI3)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Movida Participações S.A it is R$15.77 per share (as of Nov 4, 2026), against a price of R$6.36. It is the blended result of 17 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Movida Participações S.A stock overvalued or undervalued in 2026?
As of Nov 4, 2026, MOVI3 trades below its calculated fair value: price R$6.36, fair value R$15.77, a gap of about +148% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MOVI3?
No. The price is what the market pays today (R$6.36); the fair value is what the company's own numbers justify (R$15.77). For Movida Participações S.A the two are R$9.41 per share apart. That gap is exactly why we show both numbers side by side.
How much is Movida Participações S.A worth?
The market values Movida Participações S.A at about R$2.4B (market capitalisation, as of Nov 4, 2026). Per share that is R$6.36; our models calculate a fair value of R$15.77 per share.
What do the bullish and bearish scenarios say about MOVI3?
Our models span a range for Movida Participações S.A: cautious scenario R$11.83, base R$15.77, optimistic R$19.71 per share (as of Nov 4, 2026, price R$6.36). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MOVI3?
Movida Participações S.A trades at a price-to-earnings ratio of 4.5 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of R$15.77 is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2017 to 2025), reported earnings, FY2025 ex one-offs: 11.1. Other multiples: P/B 0.8, P/S 0.2, EV/EBITDA 2.9.
How solid is the balance sheet of Movida Participações S.A (MOVI3)?
Balance-sheet figures for Movida Participações S.A (as of Nov 4, 2026): return on equity 14.8%, debt of 5.76 per unit of equity. They feed the Quality Score of 35/100, which measures business quality independently of the share price.
How far is MOVI3 from its 52-week high?
Movida Participações S.A trades at R$6.36, about 68% below its 52-week high of R$19.96 and 13% above the low of R$5.61 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of R$15.77 is for.
Which stocks are comparable to Movida Participações S.A?
From the same area (Industrials) we also value United Rentals, Inc, Sunbelt Rentals Holdings, AerCap Holdings, U-Haul Holding, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Movida Participações S.A stock attractive at the current price?
The data as of Nov 4, 2026: price R$6.36, calculated fair value R$15.77 (+148%), Quality Score 35/100, from 17 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MOVI3 calculated?
We run Movida Participações S.A through 17 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of R$15.77 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Movida Participações S.A currently trades 60% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Movida Participações S.A (MOVI3)?
The closing price on Nov 6, 2026 was R$6.36. Our model-based fair value is R$15.77, about +148% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Movida Participações S.A right now?
The large discount to fair value meets weak quality (35/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (R$11.83). The market is more pessimistic than our downside scenario.
Where does the earnings growth of Movida Participações S.A (MOVI3) come from?
Earnings per share at Movida Participações S.A grew +23.2 % a year from 2014 to 2025. Broken into its drivers: revenue per share +32.3 %, EBIT margin +6.6 %, tax rate +0.9 %, residual (interest, one-offs) −13.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Movida Participações S.A
How large is the market capitalisation of Movida Participações S.A (MOVI3)?
The market capitalisation of Movida Participações S.A is R$2.4B (≈ $436M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Movida Participações S.A (MOVI3)?
The price-to-sales ratio of Movida Participações S.A is 0.16 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Movida Participações S.A (MOVI3)?
Earnings per share at Movida Participações S.A are R$1.40 (price ÷ EPS = P/E 4.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Movida Participações S.A (MOVI3)?
The dividend yield of Movida Participações S.A is 11.8% (payout 53.7%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Movida Participações S.A (MOVI3)?
The net margin of Movida Participações S.A is 3.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Movida Participações S.A (MOVI3)?
The return on equity (ROE) of Movida Participações S.A is 14.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Movida Participações S.A (MOVI3)?
On an EBIT basis the return on assets of Movida Participações S.A is 5.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Movida Participações S.A (MOVI3)?
The operating margin of Movida Participações S.A is 28.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Movida Participações S.A (MOVI3)?
Revenue at Movida Participações S.A is growing +2.8% versus a year earlier (3y avg +16.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Movida Participações S.A (MOVI3)?
Earnings per share at Movida Participações S.A are growing +87.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Movida Participações S.A (MOVI3) generate?
The free cash flow of Movida Participações S.A is −R$1.3B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Movida Participações S.A (MOVI3) carry?
The net debt of Movida Participações S.A is R$20.6B (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Movida Participações S.A in the live analysis
One click puts Movida Participações S.A on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Broad data
Nov 4, 2026