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The historical rank and industry rank for Mills Locacao Servicos e Logistica's Return-on-Tangible-Equity or its related term are showing as below:
BSP:MILS3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -15.7 Med: 5.18 Max: 33.03
Current: 33.03
During the past 13 years, Mills Locacao Servicos e Logistica's highest Return-on-Tangible-Equity was 33.03%. The lowest was -15.70%. And the median was 5.18%.
BSP:MILS3's Return-on-Tangible-Equity is ranked better than 79.45% of 1012
companies
in the Business Services industry
Industry Median: 11.325
vs BSP:MILS3: 33.03
Mills Locacao Servicos e Logistica (BSP:MILS3) Return-on-Tangible-Equity Explanation
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.
Mills Locacao Servicos e Logistica Return-on-Tangible-Equity Related Terms
Mills Locacao Servicos e Logistica Return-on-Tangible-Equity 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-Equity Chart
BSP:MILS3 vs URI, SUNB, AER: Return-on-Tangible-Equity Comparison
For the Rental & Leasing Services subindustry, Mills Locacao Servicos e Logistica'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.
Mills Locacao Servicos e Logistica Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Mills Locacao Servicos e Logistica's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mills Locacao Servicos e Logistica'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 28.37% mean?
Mills Locacao Servicos e Logistica (BSP:MILS3) has a Return-on-Tangible-Equity of 28.37% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Mills Locacao Servicos e Logistica and its competitors. This is 448% above median its historical median of 5.18. According to the industry distribution chart, Mills Locacao Servicos e Logistica ranks #208 out of 1012 companies in the Business Services industry, placing it in the top 20.6%.
Is Mills Locacao Servicos e Logistica's Return-on-Tangible-Equity too high?
Mills Locacao Servicos e Logistica's current Return-on-Tangible-Equity of 28.37% is 448% above median its 10-year median of 5.18. The Business Services industry median Return-on-Tangible-Equity is 11.33. Mills Locacao Servicos e Logistica's value of 28.37% is 150.5% above this industry median. Based on the distribution chart, Mills Locacao Servicos e Logistica ranks #208 out of 1012 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 88/100 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-Equity compare to URI and SUNB?
According to the Business Services industry distribution chart, Mills Locacao Servicos e Logistica ranks #208 out of 1012 companies for Return-on-Tangible-Equity. This places Mills Locacao Servicos e Logistica in the top 21% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.33. Mills Locacao Servicos e Logistica's value of 28.37% is 150.5% above this benchmark. While the company's 10-year median is 5.18 vs. the industry median of 11.33, 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-Equity for a Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 11.33, based on 1,012 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. Mills Locacao Servicos e Logistica's current Return-on-Tangible-Equity of 28.37% is 150.5% 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-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 Mills Locacao Servicos e Logistica and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 11.33 — 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-Equity is 28.37%, which is 448% above median its own 10-year median of 5.18. 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$15.67 — trading 2% above its estimated fair value. The current Return-on-Tangible-Equity is 28.37%, which is 448% above median its 10-year median of 5.18 and 150.5% above the Business Services industry median of 11.33. Mills Locacao Servicos e Logistica's overall GF Score™ is 88/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Mills Locacao Servicos e Logistica (BSP:MILS3), the current Return-on-Tangible-Equity is 28.37% 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$15.67 is trading 2% 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:
Return-on-Tangible-Equity: 28.37% (448% above median its 10-year median of 5.18)
GF Value™: R$15.37 vs. price of R$15.67 (2% above fair value)
Industry Position: 150.5% above the Business Services median (#208 of 1012)
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.
88GF Score
Get the complete analysis for BSP:MILS3
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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