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Mills Locacao Servicos e Logistica (BSP:MILS3) 3-Year ROIIC % : 35.69% (As of Dec. 2023)


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What is Mills Locacao Servicos e Logistica 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Mills Locacao Servicos e Logistica's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 35.69%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Mills Locacao Servicos e Logistica's 3-Year ROIIC % or its related term are showing as below:

BSP:MILS3's 3-Year ROIIC % is ranked better than
81.08% of 1004 companies
in the Business Services industry
Industry Median: 5.57 vs BSP:MILS3: 35.69

Mills Locacao Servicos e Logistica 3-Year ROIIC % Historical Data

The historical data trend for Mills Locacao Servicos e Logistica's 3-Year ROIIC % 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.

* Premium members only.

Mills Locacao Servicos e Logistica 3-Year ROIIC % Chart

Mills Locacao Servicos e Logistica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,685.55 -137.57 85.83 69.91 35.69

Mills Locacao Servicos e Logistica Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
3-Year ROIIC % 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 - - - 35.69 -

Competitive Comparison of Mills Locacao Servicos e Logistica's 3-Year ROIIC %

For the Rental & Leasing Services subindustry, Mills Locacao Servicos e Logistica's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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's 3-Year ROIIC % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mills Locacao Servicos e Logistica's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Mills Locacao Servicos e Logistica's 3-Year ROIIC % falls into.



Mills Locacao Servicos e Logistica 3-Year ROIIC % Calculation

Mills Locacao Servicos e Logistica's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 333.1032704 (Dec. 2023) - -23.99679 (Dec. 2020) )/( 2058.083 (Dec. 2023) - 1057.489 (Dec. 2020) )
=357.1000604/1000.594
=35.69%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Mills Locacao Servicos e Logistica  (BSP:MILS3) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Mills Locacao Servicos e Logistica 3-Year ROIIC % Related Terms

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Mills Locacao Servicos e Logistica (BSP:MILS3) Business Description

Traded in Other Exchanges
N/A
Address
Estrada do Guerengue, 1381, Taquara, Rio de Janeiro, RJ, BRA, 22713-002
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 Construction business unit and Rental business unit segments, and the majority of the revenue derives from the Rental business segment.

Mills Locacao Servicos e Logistica (BSP:MILS3) Headlines

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