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Mangels IndustrialBSP:MGEL3 8 Gross Margin % is 10.52% as of Mar. 2026, which is 24% below its 10-year median of 13.91. GuruFocus rates BSP:MGEL3 with a GF Score™ of 8/100 and a GF Value™ of R$143.53. The stock has 6 warning signs investors should review. Among 594 Steel companies, Mangels Industrial ranks better than 50.84% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Mangels Industrial had a gross margin of 10.52% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Mangels Industrial Gross Margin % Related Terms
Mangels Industrial Gross Margin % Historical Data
* Premium members only.
The historical data trend for Mangels Industrial's Gross Margin % 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.
BSP:MGEL3 vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Mangels Industrial's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.
Mangels Industrial Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Mangels Industrial's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Mangels Industrial's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Mangels Industrial (BSP:MGEL3) has a Gross Margin % of 10.52% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mangels Industrial and its competitors. This is 24% below median its historical median of 13.91. Over the past decade, Mangels Industrial's Gross Margin % has ranged from 10.59 to 16.82. According to the industry distribution chart, Mangels Industrial ranks #292 out of 594 companies in the Steel industry, placing it in the top 49.2%.
Is Mangels Industrial's Gross Margin % too high?
Mangels Industrial's current Gross Margin % of 10.52% is 24% below median its 10-year median of 13.91. Over the past 10 years, this metric has ranged from a low of 10.59 to a high of 16.82. The Steel industry median Gross Margin % is 12.55. Mangels Industrial's value of 10.52% is 16.2% below this industry median. Based on the distribution chart, Mangels Industrial ranks #292 out of 594 companies in the Steel industry, which is above the industry midpoint. Overall, Mangels Industrial has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Mangels Industrial's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Mangels Industrial ranks #292 out of 594 companies for Gross Margin %. This puts Mangels Industrial in the upper half of its industry. The industry median Gross Margin % is 12.55. Mangels Industrial's value of 10.52% is 16.2% below this benchmark. Historically, Mangels Industrial's own Gross Margin % has ranged from 10.59 to 16.82 over the past decade. While the company's 10-year median is 13.91 vs. the industry median of 12.55, Mangels Industrial has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Steel company?
The median Gross Margin % among Steel companies is 12.55, based on 594 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mangels Industrial's current Gross Margin % of 10.52% is 16.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Mangels Industrial and its competitors. For the Steel industry, the median Gross Margin % is 12.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangels Industrial's current Gross Margin % is 10.52%, which is 24% below median its own 10-year median of 13.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangels Industrial stock overvalued right now?
Mangels Industrial (BSP:MGEL3) has a current Gross Margin % of 10.52%. The stock's GF Value™ is R$143.53, compared to a current price of R$75.00 — trading 47.7% below its estimated fair value. The current Gross Margin % is 10.52%, which is 24% below median its 10-year median of 13.91 and 16.2% below the Steel industry median of 12.55. Mangels Industrial's overall GF Score™ is 8/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Mangels Industrial (BSP:MGEL3), the current Gross Margin % is 10.52% 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 Mangels Industrial (BSP:MGEL3) Overvalued in 2026?
Based on GuruFocus' analysis, Mangels Industrial stock appears to be undervalued.
The current stock price of R$75.00 is trading 47.7% below its estimated GF Value™ of R$143.53.
Key valuation signals for BSP:MGEL3:
Gross Margin %: 10.52% (24% below median its 10-year median of 13.91)
GF Value™: R$143.53 vs. price of R$75.00 (47.7% below fair value)
Industry Position: 16.2% below the Steel median (#292 of 594)
No single metric tells the full story. See the BSP:MGEL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mangels Industrial SA produces, markets, sells and distributes steel and related products. It operates in four segments, Steel, Wheel, Cylinder and Galvanizing. It supplies wheels to the car industry, motorcycles, trucks, buses, appliances, and gas companies; liquefied petroleum gas cylinders; air tanks for heavy vehicles, agricultural machinery, and air compressors; rear axles for light vehicles; and rolls, blanks, and sheets of low carbon and high strength steel for use in motorcycles, electronics and accessories, and hardware components.
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