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Mills Locacao Servicos e Logistica (BSP:MILS3) Goodwill-to-Asset Explanation
If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.
Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.
Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.
Mills Locacao Servicos e Logistica Goodwill-to-Asset Related Terms
Mills Locacao Servicos e Logistica Goodwill-to-Asset 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.
Mills Locacao Servicos e Logistica Goodwill-to-Asset Chart
BSP:MILS3 vs URI, SUNB, AER: Goodwill-to-Asset Comparison
For the Rental & Leasing Services subindustry, Mills Locacao Servicos e Logistica's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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 Goodwill-to-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Mills Locacao Servicos e Logistica's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Mills Locacao Servicos e Logistica's Goodwill-to-Asset 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.
Mills Locacao Servicos e Logistica (BSP:MILS3) has a Goodwill-to-Asset of 0.05 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Mills Locacao Servicos e Logistica and its competitors.
Is Mills Locacao Servicos e Logistica's Goodwill-to-Asset too high?
Mills Locacao Servicos e Logistica's current Goodwill-to-Asset is 0.05. Overall, Mills Locacao Servicos e Logistica has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mills Locacao Servicos e Logistica's Goodwill-to-Asset compare to URI and SUNB?
Mills Locacao Servicos e Logistica's Goodwill-to-Asset of 0.05 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 Goodwill-to-Asset for a Business Services company?
A good Goodwill-to-Asset depends on the Business Services industry context. However, Goodwill-to-Asset 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 Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Mills Locacao Servicos e Logistica and its competitors. Mills Locacao Servicos e Logistica's current Goodwill-to-Asset is 0.05. 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$15.40, compared to a current price of R$15.68 — trading 1.8% above its estimated fair value. The current Goodwill-to-Asset is 0.05. Mills Locacao Servicos e Logistica's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Mills Locacao Servicos e Logistica (BSP:MILS3), the current Goodwill-to-Asset is 0.05 as of Jun. 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$15.68 is trading 1.8% above its estimated GF Value™ of R$15.40.
GuruFocus considers Mills Locacao Servicos e Logistica to be Fairly Valued.
Key valuation signals for BSP:MILS3:
Goodwill-to-Asset: 0.05
GF Value™: R$15.40 vs. price of R$15.68 (1.8% 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 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.
76GF Score
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