Mangels Industrial (BSP:MGEL3) Other Operating Expense: R$-2 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:MGEL3 Mangels Industrial SA BSP:MGEL3
8 GF Score
Price R$75.00
GF Value R$143.53
! 6 Warning Signs
View Full Analysis

What is Mangels Industrial Other Operating Expense?

Mangels Industrial BSP:MGEL3 8 Other Operating Expense is R$-2 Mil as of Jun. 2026. 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.

Mangels Industrial's Other Operating Expense for the three months ended in Jun. 2026 was R$-0 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 was R$-2 Mil.

Mangels Industrial's quarterly Other Operating Expense increased from Dec. 2025 (R$-4 Mil) to Mar. 2026 (R$2 Mil) but then declined from Mar. 2026 (R$2 Mil) to Jun. 2026 (R$-0 Mil).

Mangels Industrial's annual Other Operating Expense increased from Dec. 2023 (R$-0 Mil) to Dec. 2024 (R$6 Mil) but then declined from Dec. 2024 (R$6 Mil) to Dec. 2025 (R$1 Mil).

Mangels Industrial Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Mangels Industrial's Other Operating Expense 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.

Mangels Industrial Other Operating Expense Chart

Mangels Industrial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -96.40 5.13 -0.31 5.73 0.51

Mangels Industrial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Other Operating Expense 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 0.08 -0.22 -3.94 1.83 -0.09
BSP:MGEL3
8GF Score
Mangels Industrial SA BSP:MGEL3
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mangels Industrial Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-2 Mil.

* 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.

What does a Other Operating Expense of R$-2 Mil mean?
Mangels Industrial (BSP:MGEL3) has a Other Operating Expense of R$-2 Mil as of Jun. 2026. Other operating expenses that a company records on its income statement. View historical data on Mangels Industrial and its competitors.
Is Mangels Industrial's Other Operating Expense too high?
Mangels Industrial's current Other Operating Expense is R$-2 Mil. Overall, Mangels Industrial has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Mangels Industrial's Other Operating Expense compare to NUE and STLD?
Mangels Industrial's Other Operating Expense of R$-2 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for a Steel company?
A good Other Operating Expense depends on the Steel industry context. However, Other Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Mangels Industrial and its competitors. Mangels Industrial's current Other Operating Expense is R$-2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangels Industrial stock overvalued right now?
Mangels Industrial (BSP:MGEL3) has a current Other Operating Expense of R$-2 Mil. The stock's GF Value™ is R$143.53, compared to a current price of R$75.00 — trading 47.7% below its estimated fair value. The current Other Operating Expense is R$-2 Mil. 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 Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Mangels Industrial (BSP:MGEL3), the current Other Operating Expense is R$-2 Mil as of Jun. 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:

  • Other Operating Expense: R$-2 Mil
  • GF Value™: R$143.53 vs. price of R$75.00 (47.7% below fair value)
  • GF Score™: 8/100 with 6 warning signs

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 Business Description

Other Exchanges MGEL4:Brazil
Address Rua Verbo Divino 1488, 6th floor, Suite 61A and 64D, Chacara Santo, Antonio, Sao Paulo, SP, BRA, 04719904
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.
8GF Score

Get the complete analysis for BSP:MGEL3

Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$75.00
Price
R$143.53
GF Value