Risk factor
Very high price volatility
Profitability factor
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
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, underpriced