Risk factor
Fair trading liquidity
Profitability factor
Very strong margins and returns
About
Mills Locação, Serviços e Logística S.A., a Brazilian company, specializes in providing equipment and machinery solutions. The firm is involved in the rental, sale, importation, and exportation of crucial items such as steel and aluminum tubular structures, along with shoring and access equipment essential for construction projects, and reusable concrete formworks. It also offers corresponding engineering project development, supervisory roles, and assembly services. Beyond this, Mills distributes, sells, and leases aerial work platforms and telescopic handlers, supported by the provision of parts, technical assistance, and maintenance services. The company's operations further extend to industrial environments, where it handles the rental, erection, and disassembly of access tubular scaffolding, alongside specialized services including industrial painting, sandblasting, heat insulation, boilermaker work, and refractory services. Established in Rio de Janeiro, Brazil, in 1952, the company adopted its current name in July 2022, previously operating as Mills Estruturas e Serviços de Engenharia S.A.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'cheap' on EV/EBI
Target Price
The average target price of MILS3.SA is 18 and suggests 15% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr