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The historical rank and industry rank for Mills Locacao Servicos e Logistica's Return-on-Tangible-Asset or its related term are showing as below:
BSP:MILS3'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.43 Med: 3.72 Max: 11.77
Current: 11.33
During the past 13 years, Mills Locacao Servicos e Logistica's highest Return-on-Tangible-Asset was 11.77%. The lowest was -10.43%. And the median was 3.72%.
BSP:MILS3's Return-on-Tangible-Asset is ranked better than 79.74% of 1096
companies
in the Business Services industry
Industry Median: 3.955
vs BSP:MILS3: 11.33
Mills Locacao Servicos e Logistica (BSP:MILS3) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Mills Locacao Servicos e Logistica Return-on-Tangible-Asset Related Terms
Mills Locacao Servicos e Logistica Return-on-Tangible-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 Return-on-Tangible-Asset Chart
BSP:MILS3 vs URI, SUNB, AER: Return-on-Tangible-Asset Comparison
For the Rental & Leasing Services subindustry, Mills Locacao Servicos e Logistica's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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 Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Mills Locacao Servicos e Logistica's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Mills Locacao Servicos e Logistica's Return-on-Tangible-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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets 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.
What does a Return-on-Tangible-Asset of 20.27% mean?
Mills Locacao Servicos e Logistica (BSP:MILS3) has a Return-on-Tangible-Asset of 20.27% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Mills Locacao Servicos e Logistica and its competitors. This is 445% above median its historical median of 3.72. According to the industry distribution chart, Mills Locacao Servicos e Logistica ranks #222 out of 1096 companies in the Business Services industry, placing it in the top 20.3%.
Is Mills Locacao Servicos e Logistica's Return-on-Tangible-Asset too high?
Mills Locacao Servicos e Logistica's current Return-on-Tangible-Asset of 20.27% is 445% above median its 10-year median of 3.72. The Business Services industry median Return-on-Tangible-Asset is 3.96. Mills Locacao Servicos e Logistica's value of 20.27% is 412.5% above this industry median. Based on the distribution chart, Mills Locacao Servicos e Logistica ranks #222 out of 1096 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. 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 Return-on-Tangible-Asset compare to URI and SUNB?
According to the Business Services industry distribution chart, Mills Locacao Servicos e Logistica ranks #222 out of 1096 companies for Return-on-Tangible-Asset. This places Mills Locacao Servicos e Logistica in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.96. Mills Locacao Servicos e Logistica's value of 20.27% is 412.5% above this benchmark. While the company's 10-year median is 3.72 vs. the industry median of 3.96, Mills Locacao Servicos e Logistica 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-Asset for a Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.96, based on 1,096 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mills Locacao Servicos e Logistica's current Return-on-Tangible-Asset of 20.27% is 412.5% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Mills Locacao Servicos e Logistica and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mills Locacao Servicos e Logistica's current Return-on-Tangible-Asset is 20.27%, which is 445% above median its own 10-year median of 3.72. 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$15.36, compared to a current price of R$15.40 — trading 0.3% above its estimated fair value. The current Return-on-Tangible-Asset is 20.27%, which is 445% above median its 10-year median of 3.72 and 412.5% above the Business Services industry median of 3.96. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Mills Locacao Servicos e Logistica (BSP:MILS3), the current Return-on-Tangible-Asset is 20.27% 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 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$15.40 is trading 0.3% above its estimated GF Value™ of R$15.36.
GuruFocus considers Mills Locacao Servicos e Logistica to be Fairly Valued.
Key valuation signals for BSP:MILS3:
Return-on-Tangible-Asset: 20.27% (445% above median its 10-year median of 3.72)
GF Value™: R$15.36 vs. price of R$15.40 (0.3% above fair value)
Industry Position: 412.5% above the Business Services median (#222 of 1096)
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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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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