Mills Locacao Servicos e Logistica (BSP:MILS3) Shares Outstanding (Basic Average): 227 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:MILS3 Mills Locacao Servicos e Logistica SA BSP:MILS3
89 GF Score
Price R$15.50
GF Value R$15.37
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Mills Locacao Servicos e Logistica Shares Outstanding (Basic Average)?

Mills Locacao Servicos e Logistica BSP:MILS3 +0.06% 89 Shares Outstanding (Basic Average) is 227 Mil as of Mar. 2026. GuruFocus rates BSP:MILS3 with a GF Score™ of 89/100 and a GF Value™ of R$15.37 (Fairly Valued). The stock has 5 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Mills Locacao Servicos e Logistica's average basic shares outstanding for the quarter that ended in Mar. 2026 was 227 Mil.


Mills Locacao Servicos e Logistica  (BSP:MILS3) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Mills Locacao Servicos e Logistica Shares Outstanding (Basic Average) Related Terms


Mills Locacao Servicos e Logistica Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Mills Locacao Servicos e Logistica's Shares Outstanding (Basic Average) 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.

Mills Locacao Servicos e Logistica Shares Outstanding (Basic Average) Chart

Mills Locacao Servicos e Logistica Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 207.63 207.63 241.33 235.48 226.31

Mills Locacao Servicos e Logistica Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 225.57 226.31 226.68 226.68 226.95
BSP:MILS3
89GF Score
Mills Locacao Servicos e Logistica SA BSP:MILS3
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mills Locacao Servicos e Logistica Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 227 Mil mean?
Mills Locacao Servicos e Logistica (BSP:MILS3) has a Shares Outstanding (Basic Average) of 227 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Mills Locacao Servicos e Logistica and its competitors.
Is Mills Locacao Servicos e Logistica's Shares Outstanding (Basic Average) too high?
Mills Locacao Servicos e Logistica's current Shares Outstanding (Basic Average) is 227 Mil. 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 Shares Outstanding (Basic Average) compare to URI and SUNB?
Mills Locacao Servicos e Logistica's Shares Outstanding (Basic Average) of 227 Mil 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 Shares Outstanding (Basic Average) for a Business Services company?
A good Shares Outstanding (Basic Average) depends on the Business Services industry context. However, Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Mills Locacao Servicos e Logistica and its competitors. Mills Locacao Servicos e Logistica's current Shares Outstanding (Basic Average) is 227 Mil. 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$15.50 — trading 0.8% above its estimated fair value. The current Shares Outstanding (Basic Average) is 227 Mil. 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 Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Mills Locacao Servicos e Logistica (BSP:MILS3), the current Shares Outstanding (Basic Average) is 227 Mil 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$15.50 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:

  • Shares Outstanding (Basic Average): 227 Mil
  • GF Value™: R$15.37 vs. price of R$15.50 (0.8% above fair value)
  • GF Score™: 89/100 with 5 warning signs

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

Address Avenida Euzebio Matoso, n 1375, Suites n 1101, 1102, 1201 and 1202, 11th and 12th floors, Sao Paulo, SP, BRA, 05423-180
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

Get the complete analysis for BSP:MILS3

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$15.50
Price
R$15.37
GF Value