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Movida ParticipacoesBSP:MOVI3 -2.73%93 Return-on-Tangible-Equity is 18.73% as of Mar. 2026, which is 72% above its 10-year median of 10.90. GuruFocus rates BSP:MOVI3 with a GF Score™ of 93/100 and a GF Value™ of R$10.73 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,007 Business Services companies, Movida Participacoes ranks better than 59.88% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Movida Participacoes's annualized net income for the quarter that ended in Mar. 2026 was R$498 Mil. Movida Participacoes's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$2,659 Mil. Therefore, Movida Participacoes's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 18.73%.
The historical rank and industry rank for Movida Participacoes's Return-on-Tangible-Equity or its related term are showing as below:
BSP:MOVI3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -27.89 Med: 10.9 Max: 30.77
Current: 14.8
During the past 12 years, Movida Participacoes's highest Return-on-Tangible-Equity was 30.77%. The lowest was -27.89%. And the median was 10.90%.
BSP:MOVI3's Return-on-Tangible-Equity is ranked better than 59.88% of 1007
companies
in the Business Services industry
Industry Median: 10.71
vs BSP:MOVI3: 14.80
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Movida Participacoes Return-on-Tangible-Equity Related Terms
Movida Participacoes Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Movida Participacoes's Return-on-Tangible-Equity 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: Return-on-Tangible-Equity Comparison
For the Rental & Leasing Services subindustry, Movida Participacoes's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Movida Participacoes's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Movida Participacoes's Return-on-Tangible-Equity 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 18.73% mean?
Movida Participacoes (BSP:MOVI3) has a Return-on-Tangible-Equity of 18.73% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Movida Participacoes and its competitors. This is 72% above median its historical median of 10.90. According to the industry distribution chart, Movida Participacoes ranks #404 out of 1007 companies in the Business Services industry, placing it in the top 40.1%.
Is Movida Participacoes' Return-on-Tangible-Equity too high?
Movida Participacoes' current Return-on-Tangible-Equity of 18.73% is 72% above median its 10-year median of 10.90. The Business Services industry median Return-on-Tangible-Equity is 10.71. Movida Participacoes' value of 18.73% is 74.9% above this industry median. Based on the distribution chart, Movida Participacoes ranks #404 out of 1007 companies in the Business Services industry, which is above the industry midpoint. Overall, Movida Participacoes has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Movida Participacoes' Return-on-Tangible-Equity compare to URI and SUNB?
According to the Business Services industry distribution chart, Movida Participacoes ranks #404 out of 1007 companies for Return-on-Tangible-Equity. This puts Movida Participacoes in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.71. Movida Participacoes' value of 18.73% is 74.9% above this benchmark. While the company's 10-year median is 10.90 vs. the industry median of 10.71, Movida Participacoes has consistently been above 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 Return-on-Tangible-Equity for a Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.71, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Movida Participacoes's current Return-on-Tangible-Equity of 18.73% is 74.9% above 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Movida Participacoes and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Movida Participacoes's current Return-on-Tangible-Equity is 18.73%, which is 72% above median its own 10-year median of 10.90. 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$10.73, compared to a current price of R$7.83 — trading 27% below its estimated fair value. The current Return-on-Tangible-Equity is 18.73%, which is 72% above median its 10-year median of 10.90 and 74.9% above the Business Services industry median of 10.71. Movida Participacoes' overall GF Score™ is 93/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Movida Participacoes (BSP:MOVI3), the current Return-on-Tangible-Equity is 18.73% as of Mar. 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$7.83 is trading 27% below its estimated GF Value™ of R$10.73.
GuruFocus considers Movida Participacoes to be Modestly Undervalued.
Key valuation signals for BSP:MOVI3:
Return-on-Tangible-Equity: 18.73% (72% above median its 10-year median of 10.90)
GF Value™: R$10.73 vs. price of R$7.83 (27% below fair value)
Industry Position: 74.9% above the Business Services median (#404 of 1007)
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.
93GF Score
Get the complete analysis for BSP:MOVI3
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