Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Based in Campos Gerais, Brazil, Mangels Industrial S.A., established in 1928, is primarily engaged in the manufacturing and global distribution of aluminum wheels for the automotive sector. The company's extensive product portfolio also includes wheels for motorcycles, trucks, buses, appliances, and gas companies, alongside liquefied petroleum gas (LPG) cylinders. Additionally, Mangels produces air tanks for heavy-duty vehicles, agricultural machinery, and air compressors, as well as rear axles for light vehicles. It further supplies low-carbon and high-strength steel in various forms such as rolls, blanks, and sheets, which are vital components in motorcycles, electronics, accessories, and general hardware. Originally founded as Mangels & Kreutzberg Ltda., the company adopted its current name, Mangels Industrial S.A., in 1963.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap'