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Movida ParticipacoesBSP:MOVI3 -3.19%90 Piotroski F-Score is 3 as of Aug. 31, 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates BSP:MOVI3 with a GF Score™ of 90/100 and a GF Value™ of R$9.15 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,062 Business Services companies, Movida Participacoes ranks worse than 84.93% on this metric.
Warning Sign:
Piotroski F-Score of 3 is low, which usually implies poor business operation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Movida Participacoes has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
The historical rank and industry rank for Movida Participacoes's Piotroski F-Score or its related term are showing as below:
BSP:MOVI3'
s Piotroski F-Score Range Over the Past 10 Years
Min: 2 Med: 4 Max: 7
Current: 3
During the past 12 years, the highest Piotroski F-Score of Movida Participacoes was 7. The lowest was 2. And the median was 4.
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Movida Participacoes Piotroski F-Score Related Terms
Movida Participacoes Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Movida Participacoes's Piotroski F-Score 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.
BSP:MOVI3 vs URI, SUNB, AER: Piotroski F-Score Comparison
For the Rental & Leasing Services subindustry, Movida Participacoes's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.
Movida Participacoes Piotroski F-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Movida Participacoes's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Movida Participacoes's Piotroski F-Score falls into.
* 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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was 69.955 + 102.346 + 124.513 + 135.65 = R$432 Mil. Cash Flow from Operations was 918.331 + -252.342 + -1015.68 + -599.644 = R$-949 Mil. Revenue was 3765.843 + 3658.975 + 3780.645 + 3765.83 = R$14,971 Mil. Gross Profit was 1218.15 + 1243.739 + 1337.104 + 1436.121 = R$5,235 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(29775.568 + 29641.564 + 34925.26 + 35936.374 + 37340.96) / 5 = R$33523.9452 Mil. Total Assets at the begining of this year (Jun25) was R$29,776 Mil. Long-Term Debt & Capital Lease Obligation was R$20,828 Mil. Total Current Assets was R$7,184 Mil. Total Current Liabilities was R$10,480 Mil.
Net Income was 78.224 + 62.173 + 78.467 + 67.596 = R$286 Mil.
Revenue was 3775.864 + 3248.157 + 3568.231 + 3679.005 = R$14,271 Mil. Gross Profit was 1057.228 + 1056.547 + 1145.565 + 1154.784 = R$4,414 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(27684.239 + 28574.186 + 30573.857 + 29211.368 + 29775.568) / 5 = R$29163.8436 Mil. Total Assets at the begining of last year (Jun24) was R$27,684 Mil. Long-Term Debt & Capital Lease Obligation was R$16,108 Mil. Total Current Assets was R$7,615 Mil. Total Current Liabilities was R$9,839 Mil.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Movida Participacoes's current Net Income (TTM) was 432.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Movida Participacoes's return on assets of this year was 0.01452412. Movida Participacoes's return on assets of last year was 0.0103474.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Movida Participacoes's gearing of this year was 0.62127756. Movida Participacoes's gearing of last year was 0.55234184.
==> Last year is lower than this year ==> Score 0.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Movida Participacoes's current ratio of this year was 0.68549854. Movida Participacoes's current ratio of last year was 0.77397593.
==> Last year's current ratio is higher ==> Score 0.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Movida Participacoes's number of shares in issue this year was 404.163. Movida Participacoes's number of shares in issue last year was 351.428.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Movida Participacoes's gross margin of this year was 0.34967681. Movida Participacoes's gross margin of last year was 0.3093017.
==> This year's gross margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Movida Participacoes's asset turnover of this year was 0.50280461. Movida Participacoes's asset turnover of last year was 0.51550115.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Movida Participacoes has an F-score of 3. It is a bad or low score, which usually implies poor business operation.
Movida Participacoes (BSP:MOVI3) has a Piotroski F-Score of 3 as of Aug. 31, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Movida Participacoes and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Movida Participacoes' Piotroski F-Score has ranged from 2.00 to 7.00. According to the industry distribution chart, Movida Participacoes ranks #902 out of 1062 companies in the Business Services industry, placing it in the top 84.9%.
Is Movida Participacoes' Piotroski F-Score too high?
Movida Participacoes' current Piotroski F-Score of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 7.00. The Business Services industry median Piotroski F-Score is 5.00. Movida Participacoes' value of 3 is 40% below this industry median. Based on the distribution chart, Movida Participacoes ranks #902 out of 1062 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Movida Participacoes has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Movida Participacoes' Piotroski F-Score compare to URI and SUNB?
According to the Business Services industry distribution chart, Movida Participacoes ranks #902 out of 1062 companies for Piotroski F-Score. This places Movida Participacoes in the lower half of its industry. The industry median Piotroski F-Score is 5.00. Movida Participacoes' value of 3 is 40% below this benchmark. Historically, Movida Participacoes' own Piotroski F-Score has ranged from 2.00 to 7.00 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 5.00, Movida Participacoes has consistently been below 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 Piotroski F-Score for a Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,062 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Movida Participacoes's current Piotroski F-Score of 3 is 40% below 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Movida Participacoes and its competitors. For the Business Services industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Movida Participacoes's current Piotroski F-Score is 3, which is 25% below median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Movida Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Movida Participacoes (BSP:MOVI3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$9.15, compared to a current price of R$6.98 — trading 23.7% below its estimated fair value. The current Piotroski F-Score is 3, which is 25% below median its 10-year median of 4.00 and 40% below the Business Services industry median of 5.00. Movida Participacoes' overall GF Score™ is 90/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Movida Participacoes (BSP:MOVI3), the current Piotroski F-Score is 3 as of Aug. 31, 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 Movida Participacoes (BSP:MOVI3) Overvalued in 2026?
Based on GuruFocus' analysis, Movida Participacoes stock appears to be undervalued.
The current stock price of R$6.98 is trading 23.7% below its estimated GF Value™ of R$9.15.
GuruFocus considers Movida Participacoes to be Modestly Undervalued.
Key valuation signals for BSP:MOVI3:
Piotroski F-Score: 3 (25% below median its 10-year median of 4.00)
GF Value™: R$9.15 vs. price of R$6.98 (23.7% below fair value)
Industry Position: 40% below the Business Services median (#902 of 1062)
No single metric tells the full story. See the BSP:MOVI3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Movida Participacoes SA through its subsidiaries is engaged in car rental activities in Brazil. The business activities of the group function through Rent a Car (RAC) and light vehicle fleet management and outsourcing segments. The Rent a car segment is responsible for car rental in stores located inside and outside airports, and Fleet Management and Outsourcing segment provides car rental services signed through long-term contracts with corporate clients. Geographically activities are carried out in Brazil and the company derives revenue from rental activities.
90GF Score
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