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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-15), Mills Locacao Servicos e Logistica's Beta is 0.8341.
Mills Locacao Servicos e Logistica (BSP:MILS3) Beta Explanation
Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.
Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
Mills Locacao Servicos e Logistica Beta Related Terms
Mills Locacao Servicos e Logistica Beta Historical Data
* 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.
For the Rental & Leasing Services subindustry, Mills Locacao Servicos e Logistica's Beta, along with its competitors' market caps and Beta 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.
Mills Locacao Servicos e Logistica Beta vs Business Services Industry
For the Business Services industry and Industrials sector, Mills Locacao Servicos e Logistica's Beta distribution charts can be found below:
* The bar in red indicates where Mills Locacao Servicos e Logistica's Beta falls into.
Mills Locacao Servicos e Logistica Beta Calculation
Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.
Mills Locacao Servicos e Logistica (BSP:MILS3) has a Beta of 0.8341 as of Jul. 15, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Mills Locacao Servicos e Logistica and its competitors.
Is Mills Locacao Servicos e Logistica's Beta too high?
Mills Locacao Servicos e Logistica's current Beta is 0.8341. Overall, Mills Locacao Servicos e Logistica has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mills Locacao Servicos e Logistica's Beta compare to URI and SUNB?
Mills Locacao Servicos e Logistica's Beta of 0.8341 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Business Services company?
A good Beta depends on the Business Services industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Mills Locacao Servicos e Logistica and its competitors. Mills Locacao Servicos e Logistica's current Beta is 0.8341. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mills Locacao Servicos e Logistica stock overvalued right now?
Based on GuruFocus' analysis, Mills Locacao Servicos e Logistica (BSP:MILS3) is currently considered Fairly Valued. The stock's GF Value™ is R$15.37, compared to a current price of R$15.49 — trading 0.8% above its estimated fair value. The current Beta is 0.8341. Mills Locacao Servicos e Logistica's overall GF Score™ is 89/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Mills Locacao Servicos e Logistica (BSP:MILS3), the current Beta is 0.8341 as of Jul. 15, 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 Mills Locacao Servicos e Logistica (BSP:MILS3) Overvalued in 2026?
Based on GuruFocus' analysis, Mills Locacao Servicos e Logistica stock appears to be overvalued.
The current stock price of R$15.49 is trading 0.8% above its estimated GF Value™ of R$15.37.
GuruFocus considers Mills Locacao Servicos e Logistica to be Fairly Valued.
Key valuation signals for BSP:MILS3:
Beta: 0.8341
GF Value™: R$15.37 vs. price of R$15.49 (0.8% above fair value)
No single metric tells the full story. See the BSP:MILS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mills Locacao Servicos e Logistica Business Description
Mills Locacao Servicos e Logistica SA operates in the infrastructure, construction, and manufacturing industries. Its activity includes Rental and sale, including imports and exports, of steel and aluminum tubular structures, shoring and access equipment for construction works, as well as reusable concrete formworks. Sale, rental, and distribution of aerial work platforms and telescopic handlers. It has a Formwork and Shoring segment and Rental segment, and the majority of the revenue derives from the Rental business segment.
89GF Score
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